Ubiquity Ventures

Ubiquity Ventures is a Palo Alto-based seed-stage institutional venture capital firm founded in 2017 by Sunil Nagaraj, managing approximately $200 million across three funds. The firm invests in what it calls 'software beyond the screen,' startups applying software, machine learning and artificial intelligence to physical-world problems through sensors, hardware, robotics and connected devices that you can touch, hear and feel. Ubiquity follows a self-described 'nerdy and early' philosophy, backing technical founders at the very earliest stages, often pre-incorporation, and typically writing cheques in the $1 to 5 million range, leading or co-leading seed rounds. Before founding the firm, Nagaraj spent the better part of a decade at Bessemer Venture Partners, where he led the seed rounds of Auth0, acquired by Okta for $6.5 billion, and Zapier and made early investments in Rocket Lab and Twitch, acquired by Amazon for $1 billion; earlier he founded and ran Triangulate, a machine-learning-driven online dating startup. Ubiquity closed its debut fund of $30 million in 2018, raised $51 million for Fund II in 2020, and secured $75 million for Fund III in January 2024 under a 'disciplined deeptech' thesis. The portfolio spans roughly 42 companies including two unicorns, with notable names such as Diligent Robotics, Esper, Kinetic, BusRight, Camino, Caddi and Eyebot, concentrated in enterprise applications, industrial technology, robotics and sustainability. By backing technical founders applying software to the physical world at the earliest stages, Ubiquity Ventures leads and co-leads seed rounds in deep-tech and robotics companies.