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Crosscut Ventures

USDeep TechClimateAI/MLB2B SaaSEnterpriseFintechMarketplacesOther

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Investment thesis

Crosscut Ventures is the first and longest-enduring early-stage venture capital firm in Los Angeles, founded in 2008 with $300M+ AUM across six funds. The firm partners with visionary founders building category-defining frontier technologies to address humanity's most pressing problems—spanning energy transition, decarbonization, the space economy, defense systems, advanced manufacturing, robotics, and supply chain re-shoring. As Brian Garrett puts it: "When they think about starting a company, they don't come with small ideas. They're thinking about big, hairy problems that humanity is facing." Crosscut invests at the pre-seed, seed, and Series A stages, typically writing checks of $500K–$3M at seed and up to $10M at Series A, with 200% reserved for follow-on. The firm is deeply rooted in the LA tech ecosystem—particularly the SpaceX, Anduril, and Northrop talent communities—and differentiates itself through a founder-first ethos that includes pledging at least 1% of all invested capital toward founder leadership development, coaching, and mental health support.

Notable quotes

“In my 23 years as an early-stage investor in LA, I've never been more excited about the potential of this market, the diversity of talent and the hard problems that I see amazing entrepreneurs tackling every day. We are just at the beginning stages of this techno-manufacturing revolution that will drive SoCal and produce some of the best returns of the next two decades.”

Brian Garrett · https://pulse2.com/crosscut-ventures-profile-brian-garrett-interview · 2025-03-16

“We've been lucky to back over 170 companies with our initial capital (roughly $210 million). That support and capital has led to over $7.2 billion of follow-on capital from mostly Tier 1 Silicon Valley funds.”

Brian Garrett · https://pulse2.com/crosscut-ventures-profile-brian-garrett-interview · 2025-03-16

“When they think about starting a company, they don't come with small ideas. They're thinking about big, hairy problems that humanity is facing.”

Brian Garrett · https://f4.fund/firms/crosscut-ventures

Recent investments

CompanyRoundSizeDate
Aalo AtomicsSeries B$27m2025-08-19
Solestial SolarSeries A$17m2025-05-15
Proteus SpaceSeed—2025-03-18
SoloPulseSeed—2025-01-15
Carbon RidgeSeries B—2024-10-22
Umbra SpaceSeed—2021-01-01
GumGumSeed—2011-01-01
PacasoSeed—2020-01-01
BuildOpsSeed—2019-01-01
BranchSeed—2019-01-01

Frequent co-investors

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