Category Ventures

Category Ventures is an early-stage venture capital firm dedicated to supporting exceptional technical founders who are building category-defining software startups. The firm focuses its investments on the earliest stages, specifically pre-seed and seed rounds, with a particular emphasis on enterprise software, including infrastructure, developer tools, applications, and artificial intelligence. They aim to be a comprehensive partner to founders, offering deep technical expertise, operational experience, and strategic guidance to help build enduring businesses.

The firm was founded in 2024 by Villi Iltchev, who brings over two decades of experience as both an operator and an investor. Prior to establishing Category Ventures, Iltchev held significant roles at various technology companies and venture firms, including Salesforce, Box, LifeLock, August Capital, and Two Sigma Ventures. His extensive background includes leading investments in numerous prominent software companies, demonstrating a long-standing commitment to the enterprise software ecosystem.

Category Ventures has launched its first fund, Category Fund I, with $160 million dedicated to pre-seed and seed investments, typically ranging from $1.5 million to $5 million. While the firm itself is relatively new, its team members have a strong track record of backing successful companies. Notable past investments led by the team prior to Category Ventures include industry leaders such as GitLab, Remote, Zeromatter, Rive, Cerby, and Replicated, showcasing their ability to identify and nurture high-growth potential.

The team at Category Ventures is comprised of experienced professionals with diverse backgrounds. Villi Iltchev, as Founder and Managing Partner, leads the firm with his extensive operating and investing expertise. Çağla Kaymaz serves as a Partner, contributing deep technical and investing knowledge. Shri Kolanukuduru is an Investing Partner, focusing on innovations in AI, developer tools, and cybersecurity. Patty Smith, the Operating Partner, manages the firm's operations and provides analytical support to founders, while Ruta Savickaite ensures smooth administrative execution as the Executive Assistant & Office Manager.