Counterpart Ventures

Counterpart Ventures is the first institutional venture capital fund founded exclusively by former corporate venture capital leaders, established in 2018 and based in San Francisco and Los Angeles. The founding team previously led Qualcomm Ventures North America, where they managed approximately $500 million in assets, scaled the portfolio to more than 80 investments, and generated 30 or more exits including Zoom and Cruise. Counterpart has since crossed $250 million in assets under management, with Fund III raising $132 million. The firm leads rounds at seed and Series A stages, writing checks of $1 million to $8 million with a sweet spot of $3 million to $4 million. Across 35 investments, the portfolio focuses on B2B SaaS, mobility, and marketplace technologies addressing large, underserved markets. Two portfolio exits have been completed, including Glidian in March 2025. The firm operates the Counter Club, described as the largest and most engaged corporate venture community, which provides portfolio founders direct access to corporate decision-makers and strategic partnership opportunities. Counterpart's CVC background is the firm's most distinctive asset: the founders understand how corporate entities evaluate and adopt technology, which allows them to create genuine commercial pathways for portfolio companies within enterprise environments. This insight — combined with a disciplined focus on B2B and mobility — differentiates Counterpart from generalist seed funds and gives portfolio companies a practical advantage in navigating corporate sales cycles.