Conviction

Conviction is an early-stage venture capital firm headquartered in San Francisco, California, focused on AI-native "Software 3.0" companies that translate advanced AI models into transformative industry products. The firm invests $1-25M checks, often as the first investor, targeting technical teams of engineers, researchers, and domain experts who build with velocity and pragmatism. Conviction emphasizes hands-on support through its deep network to help founders achieve ambitious goals.

Founded in 2022, Conviction has raised two funds, managing approximately $230M+ in assets under management. Its portfolio includes standout AI companies like Baseten, Cartesia, Cognition Labs, Harvey, HeyGen, Mistral, and Sierra. The team features experts such as Sarah Guo (ex-Greylock), Mike Vernal (ex-Sequoia/Facebook), and others with strong VC and tech pedigrees.

Distinct from Conviction SFO (a 2017 Guernsey-based family office investing in SaaS and disruptive tech across UK/Europe via funds and direct deals), the San Francisco Conviction operates primarily in the US with a technology and AI focus. It manages 3 funds and employs 21 people.