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    Coalition

    New York, New York, United StatesFounded 2022
    www.coalitionoperators.comLinkedIn
    HealthcareEnterprise SoftwareDeveloper ToolsConsumerE-Commerce & MarketplaceClimate & EnergyEducation

    Coalition Operators is a founder-led venture capital firm that invests in early-stage startups with capital (up to $500K at pre-seed/seed) and hands-on operational expertise from a network of 100+ active operators. The firm was co-founded by Ashley Mayer, Toyin Ajayi, and Lindsay Ullman.

    Deal activity decreased year-over-year (2 deals in the last 12 months vs 8 prior). Their most common stage is seed (59% of deals). Average disclosed round size is $10.4M (across 32 rounds with reported amounts).

    Find people at Coalition on Goldilocks AI

    Portfolio

    31

    Fund Size

    $12.5M

    Top Stage

    Seed

    Last 12 Mo

    2

    Team

    Ashley Mayer

    Ashley Mayer

    Co-founder and full-time GP

    Jaclyn Rice Nelson

    Jaclyn Rice Nelson

    Co-founder and part-time GP

    Lindsay Ullman

    Lindsay Ullman

    Co-founder and part-time GP

    Toyin Ajayi

    Toyin Ajayi

    Co-founder and part-time GP

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    37 investments
    CompanyRoundAmountDate
    Henry AI logoHenry AISeries A$16.5MJul 2026
    Artemis logoArtemisUnknown$6MMar 2026
    LLone Palm LabsSeries A$21MJan 2026
    VectorWave logoVectorWaveSeed$6MJan 2026
    MyEdSpace logoMyEdSpaceSeries A—Sep 2025
    TensorZero logoTensorZeroSeed$7.3MAug 2025
    Duranta logoDurantaSeed$7MJul 2025
    LGND AI logoLGND AISeed$9MJul 2025
    VectorWave logoVectorWaveSeed$2.5MJun 2025
    Hawk AI logoHawk AISeries C—Apr 2025
    Henry AI logoHenry AISeed$4MFeb 2025
    Henry logoHenrySeed$4.3MFeb 2025
    Brisk Teaching logoBrisk TeachingSeed$5MSep 2024
    Hemster logoHemsterSeed$3.5MJan 2024
    ((Re)viveSeed$3.5MJan 2024
    Maia Oncology logoMaia OncologySeed$4.3MDec 2023
    Lantern logoLanternSeed$6.8MJul 2023
    Medivis logoMedivisSeries A$20MJun 2023
    Somethings logoSomethingsSeed$3.2MMay 2023
    Journey Clinical logoJourney ClinicalSeries A—Jan 2023
    WellTheory Technologies logoWellTheory TechnologiesSeed—Nov 2022
    Vesto logoVestoSeed$2.8MNov 2022
    Arthur logoArthurSeries B$42MSep 2022
    Hawk AI logoHawk AISeries C$56MJun 2021
    Vybe logoVybeSeed$4.8M—
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    Top Co-Investors

    Susa Ventures8 shared
    Pioneer Fund6 shared
    1Sharpe Capital5 shared
    Y Combinator5 shared
    FirstMark Capital4 shared
    Scribble Ventures4 shared
    BoxGroup4 shared
    SV Angel3 shared
    General Catalyst3 shared
    RXR3 shared
    FJ Labs3 shared
    Thomson Reuters Ventures3 shared
    Bessemer Venture Partners2 shared
    Union Square Ventures2 shared
    One Peak2 shared
    BlackFin Capital Partners2 shared
    Picus Capital2 shared
    Macquarie Capital2 shared
    Sands Capital2 shared
    Rabobank2 shared

    Last updated: 20 October 2026