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March 24, 2025 - Deals

Susa Ventures Launches $175 Million Fund To Support Early-Stage Founders

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Susa Ventures, a San Francisco-based early-stage venture capital firm, recently announced the launch of Susa Ventures V, a $175 million fund focused on helping founders build category-defining businesses from the pre-seed and seed stages. Founded in 2013 by Chad Byers, Leo Polovets, and Seth Berman, Susa has a strong track record of backing high-growth startups, with 10% of its portfolio from Susa I and II becoming unicorns, significantly above industry averages. The firm invests $500K-$5M, remains sector-agnostic with a strong focus on AI, and emphasizes founder-first principles, never having voted a founder out in 12 years. FUND NAME: Susa Ventures V AMOUNT: $175,000,000 HQ: #SanFrancisco #California #VentureCapital #SusaVentures #SusaVenturesV #ChadByers #LeoPolovets #SethBerman #TradedVC