Steel Perlot is a deep-tech venture builder and incubator based in New York, founded in 2020 by Michelle Ritter with Eric Schmidt as executive chairman. It builds and invests in globally scalable AI- and analytics-driven platform businesses across finance/web3, AI, synthetic biology, and physical sciences.
40% of their portfolio is in Fintech. Their most common stage is series-a (80% of deals). Average disclosed round size is $47.0M (across 5 rounds with reported amounts).
Portfolio
5
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Prenuvo | Series A | $70M | Jan 2025 |
| TTristero | Seed | $4.8M | May 2023 |
 Ondo Finance | Series A | $20M | Apr 2022 |
 Ondo | Series A | $20M | Apr 2022 |
| PPrenuvo, Inc. | Series A | $120M | Jan 2022 |
Top Co-Investors
Flow Traders2 shared
Pantera Capital2 shared
Tiger Global Management, LLC2 shared
Coinbase Ventures2 shared
Wintermute Ventures2 shared
GoldenTree Asset Management2 shared
Founders Fund2 shared
Left Lane Capital2 shared
Forerunner Ventures2 shared
Felicis2 shared
General Catalyst1 shared
Stanford's StartX Fund1 shared
Last updated: 8 September 2026