Recursive Ventures

Recursive Ventures is a San Francisco Bay Area-based venture capital firm specializing in pre-seed and seed-stage investments. The firm primarily targets technology startups in the United States and Israel that are leveraging artificial intelligence (AI) and data to disrupt various industries. Recursive Ventures is known for its nimble and founder-friendly approach, aiming to make investment decisions in days rather than weeks, and providing hands-on support to its portfolio companies.

The firm was founded in 2014 by Itamar Novick, who operates Recursive Ventures as a solo capitalist fund. This structure allows for rapid decision-making and a direct, dedicated focus on supporting founders. Novick's background as a founder, executive, institutional VC, and angel investor, having raised over $400 million and supported numerous startups to Series A and beyond, underpins the firm's strategy of excelling at helping companies secure subsequent funding rounds.

Recursive Ventures has built a diverse portfolio across various sectors, including FinTech, SaaS, AI, PropTech, Mobility, Consumer, CyberSecurity, Healthcare, MarTech, Legal, Payments, and Developer platforms. Notable investments span industries such as Media and Information Services, Business/Productivity Software, Financial Software, and Multimedia and Design Software. The firm has a track record of successful exits and IPOs among its portfolio companies, demonstrating its ability to identify and nurture promising early-stage ventures.

The team at Recursive Ventures includes Itamar Novick as the Founder and General Partner, supported by Venture Partners Chris Hulls and Konstantin Othmer. Chris Hulls is the CEO/Co-Founder of Life360, bringing significant operational experience from scaling a company from seed to a multi-billion-dollar IPO. Konstantin Othmer, an engineer who started his career at Apple, has founded multiple companies and is an experienced angel investor with investments in companies like Tesla, Ring, and Canva. This collective expertise provides portfolio companies with valuable guidance in product development, market strategy, and fundraising.