Azure Ventures Group

Established in 2020 and headquartered in San Jose, California, Azure Ventures Group is a venture capital firm that focuses on investing in technology-focused companies across various sectors.

Shaan Patel

Managing Partner

9 past transactions

Slash

Seed Round in 2023
Slash operates an online banking platform designed to facilitate seamless fund transfers between personal and business bank accounts. The platform offers a range of services, including deposits, payments, virtual cards, and expense tracking. Users benefit from features such as account and routing numbers, direct deposit capabilities, and detailed statements. Additionally, the platform incorporates bank-level security encryption and read-only access to ensure user information is protected. A mobile application enhances the user experience by allowing customers to manage both personal and business accounts from a single dashboard and to split subscription costs with friends. Support services are available to address customer inquiries via email.

Actual Veggies

Seed Round in 2022
Founded in 2020, Actual Veggies specializes in producing plant-based vegetable burgers made from real vegetables and natural ingredients. Their products are free from preservatives and additives, offering consumers a fresh, healthy, and flavorful alternative to traditional veggie burgers.

Buzz Solutions

Seed Round in 2022
Buzz Solutions develops an AI-powered analytics platform for energy infrastructure. The platform automates inspection workflows by ingesting visual data captured from drones, helicopters, and field personnel, and applies AI algorithms to detect faults and anomalies on power line assets. It delivers actionable insights, predictive analytics, and heat maps to guide maintenance decisions, enabling condition-based maintenance. Utilities can use the solution to improve inspection efficiency, reduce costs and safety risks, and ensure regulatory compliance in managing critical grid infrastructure. By identifying faults early, it supports proactive maintenance to minimize outages and climate-related risks to the grid. The company is based in Palo Alto, California.

Cerebras Systems

Series F in 2021
Cerebras Systems Inc. is a technology company that specializes in manufacturing artificial intelligence chips specifically designed for deep learning applications. Founded in 2016 and headquartered in Los Altos, California, the company is dedicated to creating advanced computing systems that significantly accelerate deep learning tasks. By integrating expertise in computer architecture with machine learning, Cerebras develops innovative technologies that aim to enhance AI performance and transform the landscape of artificial intelligence. Through its unique design principles, the company seeks to push the boundaries of what is possible in AI computing.

Golde

Seed Round in 2021
Golde produces wellness essentials powered by single-origin golden turmeric, aiming to improve inner and outer radiance. Their products include turmeric-infused superfoods and self-care items designed to enhance beauty and overall well-being.

Materna Medical

Series A in 2021
Materna Medical, Inc. is a medical device company based in Mountain View, California, focused on developing innovative solutions to reduce maternal childbirth-related injuries during vaginal delivery. Established in 2010, the company addresses significant unmet needs in women's pelvic health, positioning itself within a $6 billion market. Materna Medical aims to transform the standard of care in obstetrics and gynecology by leveraging advanced technologies and a diverse team of engineers, scientists, and commercial leaders. The company’s mission is to empower women to safeguard their pelvic health through its novel medical devices.

Kushy

Pre Seed Round in 2021
Kushy delivers premium cannabis straight to your doorstep in Southern California. Coming in May 2021.

Ripple Labs

Series B in 2021
Ripple Labs operates a global payments network using blockchain technology. It offers RippleNet, connecting banks, payment providers, digital asset exchanges, and corporates for cross-border payments. Key solutions include XRP (a digital asset for payments), xCurrent (for banks), xRapid (for payment providers), and xVia (for corporates). The company is headquartered in San Francisco with additional offices globally.

Edly

Seed Round in 2021
Edly Inc. is an online marketplace that offers income share agreement (ISA) financing services aimed at students seeking alternative tuition funding. Founded in 2019 and headquartered in Briarcliff Manor, New York, the company facilitates connections between ISA investors and issuers, including educational institutions such as colleges, skill academies, and vocational schools. By focusing on income-based repayment options, Edly enables students to access financial support while allowing impact investors to engage in funding educational opportunities.
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