S32 (formerly Section 32) is a California-based venture capital firm founded in 2017 by Google Ventures founder Bill Maris. The firm invests across the frontiers of technology including AI, computational biology, cybersecurity, and enterprise software, from seed to growth stages.
Deal activity increased 100% year-over-year (12 deals in the last 12 months). Average disclosed round size is $68.4M (across 104 rounds with reported amounts).
Portfolio
86
Fund Size
$525M
Top Stage
Series B
Last 12 Mo
12
Team
Andrew Conrad, PhD
General Partner
Andy Harrison
General Partner, CEO
Bill Maris
General Partner, Founder
Mike Pellini, MD
General Partner
Ayesha Arora
Venture Partner
Kenzo Fong
Partner, Product
Kimberly Shih
Partner, Talent
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
110 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Autoscience | Seed | $14M | Mar 2026 |
 RunSybil | Unknown | $40M | Mar 2026 |
| OOuttake | Series A | $40M | Jan 2026 |
| OOuttake | Series B | $40M | Jan 2026 |
 Pomelo | Series C | $55M | Jan 2026 |
| RunSybil | Unknown | $40M | Jan 2026 |
 Culture Biosciences | Series C | — | Dec 2025 |
 BFL | Series B | $300M | Dec 2025 |
 Aspen Neuroscience | Series C | $115M | Nov 2025 |
 Aspen Neuroscience | Series C | $115M | Nov 2025 |
 The EVERY Company | Series D | $55M | Nov 2025 |
 Phaidra | Series B | $50M | Oct 2025 |
 Sola Security | Series A | $35M | Sep 2025 |
 Infleqtion | Series C | — | Jun 2025 |
 Inductive | Series A | $25M | May 2025 |
 Endor Labs | Series B | $93M | Apr 2025 |
 Sola | Seed | $30M | Mar 2025 |
 Character Bio | Series B | $93M | Jan 2025 |
 Newlimit | Series B | $130M | Jan 2025 |
 Inductive Bio | Series A | $25M | Jan 2025 |
 Tollbit | Series A | — | Oct 2024 |
 Basecamp | Series B | $60M | Oct 2024 |
| BBrightside Health | Series C | $33M | Mar 2024 |
 Freenome | Growth | $254M | Feb 2024 |
 Pomelo | Series B | $40M | Jan 2024 |
Page 1 of 5
Top Co-Investors
Y Combinator17 shared
Casdin Capital15 shared
ARCH Venture Partners9 shared
GV9 shared
Index Ventures8 shared
Northpond Ventures8 shared
Andreessen Horowitz8 shared
Polaris Partners8 shared
Alexandria Venture Investments8 shared
Perceptive Advisors7 shared
T. Rowe Price6 shared
General Catalyst5 shared
Lightspeed Venture Partners5 shared
Cormorant Asset Management5 shared
ArrowMark Partners5 shared
DCVC5 shared
CRV5 shared
Verily5 shared
Last updated: 7 October 2026