Investor profile

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Growth Factory Ventures

Micro-fund

USB2B SaaSAI/MLDeep TechEnterpriseConsumerOther

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Investment thesis

Growth Factory Ventures is built by founders for founders who want to engineer wins. The firm backs experienced builders with conviction, combining capital, operator experience, and a disciplined system that helps companies move from signal to scale with clarity — reducing wasted cycles, strengthening execution, and acting decisively when conviction is earned. Rooted in the Greater Sacramento region ('The Backyard'), GFV deploys agile capital at the earliest stages where risk can be designed down, not celebrated, and pairs each investment with hands-on studio support, board participation, and a curated partner network to compound insight and accelerate execution.

Notable quotes

At Growth Factory, we are proud to identify world class founders in the Sacramento Region and support them with the funding, connections, and programming it takes to build their business. As the first check in to Onsight, we are excited to double down and continue supporting their journey to build a world class company!

Rick Spencer · PR Newswire — OnSight Technology Seed Round Announcement · 2023-09-22

As much as venture invests into AI and innovation, it hasn't really innovated itself as an industry. And so not only does it need to keep pace with all the opportunities AI is creating, it really needs to be, in our opinion, reinvented — the future of venture can be built.

Mark Haney · LinkedIn — Mark Haney post, AI + Venture Series Episode 3 · 2024-01-01

I can't tell you how many people we meet, and we share some of the portfolio companies, and they're like, 'I had no idea these types of companies were being built here in Sacramento.'

Rick Spencer · Comstock's Magazine — Is the Sacramento Region the Next Silicon Valley?

Team

Rick Spencer

Managing Partner

B2B SaaSDeep TechEnterprise

Mark Haney

General Partner

AI/MLB2B SaaSConsumer

Ali Mackani

General Partner

B2B SaaSAI/MLEnterprise

Thom Schildmeyer

Venture Partner

Deep TechEnterprise

May Kolchak

Senior Associate

B2B SaaSAI/ML

Recent investments

CompanyRoundSizeDate
OnSight TechnologySeed2023-09-22
StreamlineSeed
CREE8Seed
HuLoopSeed
AppOrchidSeed
Azimuth AISeed
Azra GamesSeed
AdZenPre-seed

Frequent co-investors

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