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    Path

    San Mateo, California, United StatesFounded 2019

    Path Ventures is a pre-seed venture capital firm founded by Billy Draper that invests $150K–$300K into early-stage technology companies at the earliest stages of their journeys. The firm focuses on fintech, enterprise SaaS, consumer tech, property tech, and legal tech.

    They made 1 investments in the last 12 months. Their most common stage is series-a (60% of deals). Average disclosed round size is $20.1M (across 5 rounds with reported amounts).

    Find people at Path on Goldilocks AI

    Portfolio

    5

    Fund Size

    Top Stage

    Series A

    Last 12 Mo

    1

    Team

    BD

    Billy Draper

    PO

    Porter Ontko

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    5 investments
    CompanyRoundAmountDate
    Slang logoSlangSeries A$36MFeb 2026
    Lulu logoLuluSeed$2.5MFeb 2013
    Copilot logoCopilotSeries A$6M
    Spellbook logoSpellbookSeries B$50M
    Copilot logoCopilotSeries A$6M

    Top Co-Investors

    Adjacent2 shared
    Exponent Founders Capital2 shared
    Techstars1 shared
    Homebrew1 shared

    Last updated: 8 September 2026