Path Ventures

Path Ventures is an early-stage venture capital firm founded in 2019 and based in San Mateo, California. The firm specializes in investing in pre-seed startups, focusing on sectors such as consumer and enterprise software, including financial technology, enterprise SaaS, consumer technology, property technology, and legal technology. Path Ventures typically invests between $100,000 and $300,000 in emerging companies, aiming to support founders at the initial stages of their entrepreneurial endeavors. The firm is committed to simplifying the capital raising process while remaining open to exploring new sectors as they develop. Path Ventures primarily targets opportunities across the United States and Canada.

Billy Draper

Founder and General Partner

17 past transactions

Consensus

Series A in 2024
The consensus is to enable discovery and consumption of the world's expert knowledge. No matter your background, finding scientific research has always been a difficult procedure. Consensus think AI has the potential to transform this equation if applied intelligently, deftly, and tastefully.

Corca

Pre Seed Round in 2024
Corca is a company that specializes in developing a collaborative math editor designed to facilitate the manipulation of mathematical equations. This innovative tool allows users to create and customize their own rules and notations, streamlining the process of working with equations. By utilizing features such as drag-and-drop functionality and hot keys, Corca enhances productivity for individuals and teams engaged in mathematical tasks. The platform aims to replace traditional paper methods, making the experience of working with mathematics more efficient and user-friendly. Additionally, it supports exporting equations to formats like LaTeX or Python, further broadening its utility for users in various fields.

BirdWatch

Seed Round in 2024
Birdwatch is a public benefit corporation focused on simplifying homeownership for busy homeowners by offering a comprehensive home maintenance platform. The company provides convenient and reliable services, including repairs, preventative maintenance, and renovation advising, all for a monthly fee. By addressing the common issues that arise in and around homes, Birdwatch allows homeowners to maintain their properties without the usual hassles. The company's mission emphasizes promoting equal access to safe and dignified homeownership, while also highlighting the importance of building intergenerational wealth. With a team dedicated to enhancing the homeowner experience, Birdwatch aims to create a sense of security and comfort in every home.

Spellbook

Series A in 2024
Spellbook is a legal software startup focused on enhancing contract drafting through generative artificial intelligence. Utilizing advanced language models, the company's platform is designed to automate the drafting and reviewing of contracts, thereby improving efficiency for legal professionals. The technology streamlines routine legal tasks, enabling law firms to manage client interactions more effectively and reduce the inefficiencies associated with traditional processes. Additionally, Spellbook offers document automation and maintains shared workspaces for clients' minute books, which further facilitates collaboration and enhances productivity within legal practices.

Slang

Series A in 2023
Slang is a developer of a conversational AI platform specifically designed for the restaurant industry. The platform functions as a virtual phone agent, providing quick responses and tailored service to enhance customer interactions. By utilizing AI technology, Slang enables restaurant operators to improve their customer service operations, ensuring that each guest receives prompt and accurate responses. This optimization of performance not only boosts staff efficiency but also streamlines overall operations, ultimately leading to increased customer satisfaction. Additionally, the platform includes features such as voice and background sounds, along with an onboarding team guide, to further support restaurant staff in delivering exceptional service.

OpenAxis

Pre Seed Round in 2021
OpenAxis creates an automated chart based on the data provided and also allows users to browse the datasets. In addition, it offers analytics services.

Abstract

Seed Round in 2021
Abstract is a SaaS (Software as a Service) company in the Gov and Legal Tech sectors. Our product Abstract AI, has two tiers: Abstract California and Abstract Enterprise. Abstract AI is a project management & intelligence platform for understanding the impact of government policies on business and communities, as well as a tool to help improve those policies. Abstract leverages AI models, and proprietary data processing tech, to uncover risk & opportunity that current & changing government policy poses for an organizations product, assets, investments, labor-force, manufacturing, etc…

Slang

Seed Round in 2021
Slang integrates with data, so it knows customers, greets them personally, and predicts why they’re calling. It even remembers them when they call back. Slang analytics accurate data unlocks invaluable insights: trending products, keywords, detailed caller stats, and more. Plus, Slang uses smartyficial intelligence to tag contact reasons - no more manual tagging.

Spellbook

Seed Round in 2021
Spellbook is a legal software startup focused on enhancing contract drafting through generative artificial intelligence. Utilizing advanced language models, the company's platform is designed to automate the drafting and reviewing of contracts, thereby improving efficiency for legal professionals. The technology streamlines routine legal tasks, enabling law firms to manage client interactions more effectively and reduce the inefficiencies associated with traditional processes. Additionally, Spellbook offers document automation and maintains shared workspaces for clients' minute books, which further facilitates collaboration and enhances productivity within legal practices.

Justpoint

Venture Round in 2021
Justpoint is an artificial intelligence-powered platform designed to connect individuals with suitable litigation attorneys and streamline the management of personal injury claims. By leveraging predictive analytics, Justpoint enhances transparency and efficiency in the attorney selection process, moving away from traditional advertising methods. The platform supports plaintiffs in identifying legitimate claims and retaining the right legal representation while assisting law firms in assessing the merits of cases more quickly. Operating in 33 states and collaborating with over 1,000 law firms, Justpoint has access to more than 300,000 historical claims. Its team, comprising attorneys, engineers, and medical professionals, is committed to improving access to justice for those in need of legal assistance.

Gearflow

Seed Round in 2021
Gearflow is a company focused on streamlining the parts ordering process for heavy equipment fleets. It offers a user-friendly platform that serves as an outsourced parts and tool manager for small to midsize construction contractors. This platform allows equipment and parts sellers to list their inventories for sale on a national scale, create unique storefronts, and manage various aspects of the sales process. By enhancing access to parts suppliers, improving communication, and providing comprehensive reporting features, Gearflow enables equipment sellers to efficiently track packages and oversee transactions through a single dashboard.

Zencastr

Series A in 2021
Zencastr is a podcasting platform designed to facilitate high-quality remote recording for podcasters. The service allows users to record interviews directly from their web browsers, capturing each participant's audio locally to eliminate VoIP distortion, ensuring pristine sound quality without dropouts. By sending a simple web link, hosts can invite guests to join in a live VoIP connection, and once the recording is complete, individual audio tracks are uploaded to the Zencastr cloud and synced with the host's preferred cloud storage, such as Dropbox or Google Drive. The platform caters to both novice and experienced podcasters, offering features like high-quality MP3 and lossless WAV recording options. Zencastr also provides an 'Automatic Postproduction' service that mixes tracks and enhances audio, streamlining the post-production process. With a free tier for hobbyists and a professional tier that includes additional features for a monthly fee, Zencastr is positioned as a versatile tool for efficient podcast production.

Autopilot

Pre Seed Round in 2021
Autopilot allows users to connect their preferred brokerage accounts and copy trade verified, top performing investors, automatically.

Fractional

Pre Seed Round in 2020
Fractional is a company that focuses on making real estate investing more accessible through its innovative social platform for fractional ownership. It has developed an investment application that lowers both the cost of entry and the time commitment required for property investment. The platform allows users to directly own fractions of various investment properties, which include single-family and multi-family homes. Investors can benefit from rental income and appreciation gains without incurring annual fees or being bound by holding periods. Moreover, Fractional enhances user experience by enabling them to visualize returns, cash flow, and associated costs for properties listed on the marketplace.

Bettermode

Seed Round in 2020
Bettermode is a software company based in Ontario, Canada, founded in 2018. It provides a cloud-based platform designed to enhance online community engagement and customer experience. The platform integrates seamlessly with messaging apps and social media, enabling users to create and share content that fosters a vibrant community atmosphere. Bettermode offers a range of features, including customizable templates, single sign-on, a moderation system, analytical tools, and an activity feed, all designed to meet the specific needs of businesses. The platform also prioritizes data protection and security, ensuring that companies can operate within a safe digital environment while optimizing their community interactions.

Copilot

Seed Round in 2020
Copilot is a subscription-based personal finance tracking platform that offers users a comprehensive tool for managing their financial activities. The application aggregates financial data, creating custom categories for transactions and setting budgets tailored to individual needs. It provides daily snapshots of financial health, data-driven categorization, and tracks balances from one month to the next. Users receive monthly summaries of their income and expenses, along with features for budget rebalancing. Additionally, the platform employs machine learning to offer hyper-personalized insights, assisting users in managing recurring expenses by automatically detecting bills and subscriptions and integrating them into their budgeting process. This enables users to make informed decisions about spending, saving, and investing.

Ursa Major Natural Care

Series A in 2019
Ursa Major Natural Care is a manufacturer of high-quality skincare products based in Waterbury, Vermont, founded in 2010. The company specializes in face, body, skin, and hair care essentials designed for individuals seeking effective and natural alternatives to conventional beauty products. Their offerings include face wash, deodorant, lotion, and face wipes, all formulated with natural ingredients to promote clear and healthy skin. Ursa Major's products cater to a diverse audience, making them accessible to users of all genders and skin types. By prioritizing both effectiveness and user experience, the company aims to provide low-cost, high-impact solutions for those who value simplicity and quality in their skincare regimen.
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