PWV (formerly Preston-Werner Ventures) is a Silicon Valley venture capital firm led by Tom Preston-Werner, co-founder of GitHub. The firm backs category-defining software- and AI-driven companies at the pre-seed and seed stages. In 2025, the firm was rebranded from Prestonon-Werner Ventures to PWV and announced PWV Fund I, targeting $100M.
Their most common stage is seed (50% of deals). Average disclosed round size is $18.8M (across 13 rounds with reported amounts).
Portfolio
12
Fund Size
$100M
Top Stage
Seed
Last 12 Mo
1
Team
DS
David S. Price
Investor
TP
Tom Preston-Werner
Cofounder
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
14 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Earthmover | Seed | $7.2M | Sep 2025 |
 Brightband | Series A | $10M | Sep 2024 |
 Inngest | Seed | $6.1M | Jan 2024 |
 Freeplay | Seed | $3.3M | Nov 2023 |
 Flux | Seed | $12M | Oct 2021 |
 eTheRNA | Series B | — | Jun 2020 |
 Netlify | Series C | $53M | Mar 2020 |
| AAlinia AI | Pre-Seed | $2.4M | — |
 Chatterbug | Series A | $8M | — |
 Aalo | Series B | $100M | — |
 Unkey | Seed | $4.5M | — |
 Elicit | Series A | $22M | — |
| Elicit | Seed | $9M | — |
| AAlinia AI | Seed | $7.5M | — |
Top Co-Investors
Speedinvest2 shared
Precursor Ventures2 shared
Fifty Years2 shared
Y Combinator2 shared
Basis Set Ventures2 shared
Kleiner Perkins1 shared
EQT Ventures1 shared
Prelude Ventures1 shared
Starshot Capital1 shared
Capri Ventures1 shared
Garage Capital1 shared
Kfund1 shared
PMV1 shared
Omega Funds1 shared
Novalis LifeSciences1 shared
Fund+1 shared
LSP1 shared
Matchstick Ventures1 shared
Next Frontier Capital1 shared
Last updated: 27 September 2026