Ulu Ventures

Ulu Ventures is a Palo Alto, California-based seed and early-stage venture capital firm that backs technology-driven startups across the United States. Founded in 2008, it focuses on internet-enabled consumer and business services and a broad range of sectors including EdTech, FinTech, healthcare, sustainability, enterprise IT, SaaS, IoT, digital media, mobile, agtech, and marketplaces. The firm emphasizes backing diverse entrepreneurial teams and typically engages in co-investments with other investors to pursue meaningful exits. It is described as the first Latina-led venture fund in Silicon Valley and is among the larger seed-focused vehicles in the region.

Kathy Chen

Partner

Kevin Hoffberg

Venture Partner

Clint Korver Ph.D

Co-Founder and Managing Director

Stephen Malinak

Venture Partner

Steve Reale

Venture Partner

Past deals in Fraud Detection

Truthset

Seed Round in 2021
Truthset, Inc. is a data validation platform based in San Francisco, California, founded in 2019 by industry veterans with experience from companies such as Nielsen and Salesforce. The company specializes in validating the accuracy and compliance of consumer data to enhance trust and improve decision-making across various sectors, including marketing and fraud prevention. Truthset employs an artificial intelligence-based algorithm known as Truthscores, which quantifies the accuracy of consumer data records. Unlike data brokers, Truthset does not sell data; instead, it provides a likelihood of truth for individual data entries, enabling businesses to validate data accuracy and facilitate more reliable consumer interactions.

Truthset

Seed Round in 2020
Truthset, Inc. is a data validation platform based in San Francisco, California, founded in 2019 by industry veterans with experience from companies such as Nielsen and Salesforce. The company specializes in validating the accuracy and compliance of consumer data to enhance trust and improve decision-making across various sectors, including marketing and fraud prevention. Truthset employs an artificial intelligence-based algorithm known as Truthscores, which quantifies the accuracy of consumer data records. Unlike data brokers, Truthset does not sell data; instead, it provides a likelihood of truth for individual data entries, enabling businesses to validate data accuracy and facilitate more reliable consumer interactions.

SnapCheck

Seed Round in 2018
SnapCheck is a San Francisco-based company that has developed a mobile application offering digital check deposit services primarily for credit unions and banks. The company's platform provides a high-speed, secure, and universally accepted solution aimed at eliminating the use of paper checks, which number around 18 billion annually in the United States. By replacing traditional checks with a digital alternative, SnapCheck enables businesses, consumers, and financial institutions to significantly cut costs and reduce fraud losses. This innovative approach not only streamlines check payments but also has the potential to save the economy over $50 billion each year while also contributing to environmental sustainability by reducing paper usage.

Everlaw

Venture Round in 2013
Everlaw is a legal technology company based in Oakland, California, with an additional office in London, United Kingdom. Founded in 2010, Everlaw develops a cloud-based e-discovery and litigation platform designed for document analysis, serving law firms, government agencies, and corporations. Its primary products include Discover, which streamlines document management; Reveal, offering analytics, machine learning, and interactive visualization; and Act, managing the end-to-end process of investigations or litigation. The platform enables legal teams to organize, search, and securely share documents, videos, emails, and pictures exchanged between legal teams before a trial. Everlaw's solutions prioritize speed, security, and ease-of-use, facilitating thorough investigations, quick uncovering of truths, and clear presentation of findings.
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