Crossover is an early-stage venture fund providing diversified access to investing in the private technology sector.

Joined August 2020
Crossover VC retweeted
Today, I'm excited to share that we've raised a $42M Series B led by @scalevp, with participation from @NEA, @20vcfund and others, bringing our total funding to $65M. The next 100 billion commits are coming faster than any infrastructure was built to handle. We're building, from the ground up, the developer platform for this next wave of software development. We already power software development for @spacexai, @tryramp, @ElevenLabs, @SierraPlatform , @framer, @TrustVanta, and more than 1,000 of the world's most ambitious companies. In the last 12 months, demand has surged, with total revenue growing 8x. We will use the funds to accelerate product development, expand our data centers, and continue hiring world-class talent.
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Crossover VC retweeted
1/3 A fun fact about @CrossoverVC is that we count 45+ professional athletes and team owners as LPs. While they represent a small portion of AUM, we take great pride in helping them access the tech ecosystem through investment, education, and intros to tech leaders.
Preparation, discipline, maintaining confidence under pressure. It's how the greatest athletes succeed, and how the best legal work gets done. Today, Legora is proud to announce a strategic partnership with @Venuseswilliams: one of the most accomplished competitors in sport, and someone who embodies the discipline behind elite performance. Because in tennis and in law, top performers hold themselves to the same standard. They prepare thoroughly. They improve continuously. They remain composed under pressure. Welcome to Legora, Venus!
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Crossover VC retweeted
🚨 We're Hiring! @CrossoverVC VC is looking to add a high slope Investment Analyst to the team as we double-down on our tech- and data- first approach to venture. Please share and send any talented candidates my way!
🤖 Made with AI
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Crossover VC retweeted
Excited to partner with @steijnpelle @fredericrenken and the entire team at @LassieAI. @CrossoverVC was first intro'd to the team by @dvlamoen and over the past 18 mo we saw first-hand the dedication and execution of the team applying AI to tackle this massive problem. Onwards!
Today, we're introducing Lassie and $47M in funding led by a16z. We're building AI that runs small businesses, starting with doctors' offices. Lassie is already trusted by 700+ practices across the country, working autonomously to provide them with 30 hours of labor per month. To get here, we first had to leave Robinhood and Superhuman to work in offices ourselves. Here's how that went.
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Crossover VC retweeted
Just 6 vintage years produced 85% of ALL venture returns since 2000. If you think you can time venture, @Noah_L came with receipts that'll prove this thinking B.S. Noah Lichtenstein runs @CrossoverVC a unique fund-of-funds with access to ~800 companies and he has 120+ data points tracked on every one. He's backed 23 managers like @immad @yuris, @andykonwinski, @jaltma who he says, can win with a median fund size of $40M. Emerging manager allocation is now down 81% from 2021. Money flooding to mega funds. Noah thinks that's *exactly* the right time to back operator-led Fund 1s. His math: with 10% entry ownership, a $40M fund has a lot more ways to return 3x than a billion-dollar fund that needs $30B in exits. His hottest take: early-stage funds might produce liquidity faster than growth-stage. $500K at seed, you sell down by Series C. Lead the A and sit on the board? Locked in til IPO. Noah admitted he doesn't do a lot of talk shows or podcasts. But when he shows up, man, he shows up with ALL the data. Full conversation on the new CLIMB. This one you won't want to miss
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Crossover VC retweeted
We're hiring at @CrossoverVC! Please DM with any great candidates interested in joining our small but mighty team as we scale (and feel free to share with your networks) 🚀
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Crossover VC retweeted
We’re thrilled to be joining Legora’s $550 million Series D on behalf of our LPs at @CrossoverVC. Legora was funded early on by two of our amazing managers (@yuris and @jaltma) and today we're excited to double down on this exciting journey directly.
$550M Series D led by @Accel. $5.55B valuation. One year into our U.S. expansion, we’re doubling down: accelerating across America and building AI with the lawyers who use it every day. Grateful to our customers, partners, and team. More: legora.com/blog/series-d
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Crossover VC retweeted
Today I’m excited to announce @maxima_dot_ai 's $41M in seed and Series A funding, led by @Redpoint , @kleinerperkins, @AudaciousHQ , @JoeMontana at @Liquid2V , to launch the world’s first agentic AI platform for enterprise accounting. Glad to be supported by top finance execs at @FogVentures . The accounting function is at a breaking point: 🔹 The number of public companies restating financials due to accounting errors is at an all time high. lnkd.in/gRPSz7kd 🔹 The number of people entering the accounting profession is at an all time low. lnkd.in/gJzbX7-S I know this first hand because I’ve spent two decades in finance and accounting, and I’ve seen how painful it is to prepare and close the books every month. I have watched talented people burn out, miss family milestones, or leave the profession because the only way to keep up was 16-hour days for weeks at stretch. So we are going after one of the hardest problem in enterprise using two of the biggest shifts in technology: LLMs and AI agents. We combine LLMs as the system of intelligence with AI agents as the system of action, so our platform prepares the accounting work end to end and takes on the most painful tasks of the month-end close. This isn’t just theory. Maxima is powering accounting automation for leading enterprises such as @scale_AI, @SpotOn , @Rippling , and many others processing millions of transactions governed by precise accounting logic. The impact: up to 80% faster closes, 95% automation of repetitive workflows, with 100% accuracy and auditability. Thank you to Reuters (lnkd.in/gzXFr7w7) for covering our story — we are just getting started. 🚀 youtu.be/azJ_hjT0J_o?si=gQKA…
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This week @CrossoverVC hosted its 3rd annual VC Tipoff event at the home of the @warriors bringing together the pre-seed and seed fund managers in the Crossover portfolio and the Series A + B investors recommended by our managers from Silicon Valley's top firms.
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Enjoyed chatting with @RohitYadav_ about @CrossoverVC and why we believe that the best returns in venture are concentrated among small founder/operator-led funds investing at the earliest stages, and where the right to win is derived from the manager's operating experience.
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HIRING: Wischoff Ventures is looking for an Associate to join us in our new SF office as we grow our in-person team. Ideally 2 years of experience operating at an early stage/high growth tech company or in venture. Role will cover sourcing, diligence, market research and portfolio management. Plan is to grow folks from within to partner. Must be scrappy. n9rk4t9ed0n.typeform.com/to/…
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Crossover VC retweeted
🚨 Dream job alert: We’re hiring an Investment Partner at Chapter One in San Francisco & there’s never been a better moment. SF is ground zero for AI, and we’re in it with a fresh fund ready to deploy. This is the role I wish existed when I was coming up: real ownership, leading deals, and working with a tight, product-obsessed team. If you’ve been waiting to take a bigger swing, this is your shot.
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A successful 𝟱𝘁𝗵 𝗔𝗻𝗻𝘂𝗮𝗹 𝗧𝗲𝗰𝗵 𝗦𝘂𝗺𝗺𝗲𝗿 𝗟𝗲𝗮𝗴𝘂𝗲 𝗩𝗲𝗴𝗮𝘀 event in the books. What started as a small dinner has grown into one of @CrossoverVC's tentpole events with 𝟭𝟬𝟬+ 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀, 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀, 𝗟𝗣𝘀, and 𝗽𝗿𝗼 𝗮𝘁𝗵𝗹𝗲𝘁𝗲 attendees
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Huge congrats to @yuris and to the team at @generalcatalyst. It's been such a pleasure being an LP in Yuri's fund (@WayfinderVC) -- and being able to consider him a friend as well. Founders are lucky to have him on their cap tables and GC is getting a major coup here.
Today, I am really excited to announce that Yuri Sagalov (@yuris) is joining @generalcatalyst as a Managing Director to lead our seed efforts in the US. I have often said that our core at GC is early stage investing. Partnering with the most ambitious founders at seed enables us to fulfill our own ambition to transform industries. Yuri founded Wayfinder Ventures and has backed incredible companies like Supabase, Verse Medical, Stoke Space, Decagon, Finni Health and many more. Previously, he spent 5 years at @ycombinator as a Visiting Group Partner and served seed stage founders with real passion. At GC, we have been striving to back founders at Seed with the same rigor, focus and passion as smaller firms who dedicate to seed as their only focus. We are keen to continue to partner with them as we improve. I feel really fortunate that Yuri (Wayfinder), Jeannette (La Famiglia) and Neeraj (Venture Highway) as founders of seed firms have all decided to bring their entrepreneurial energy to shape our seed value proposition at GC to be what the world's best founders deserve from a company like ours. Our seed proposition is to help founders figure out their business in the midst of uncertainty and ambiguity, and lay the foundation to endure for the long term. Seed is NOT an option call for future series A, nor is it the phase to impose undue governance - it's a time to lock arms with founders to inspire talent to join, tackle the highest risks and build conviction to make it their life's work. One important call out about our seed proposition going forward is that we aim to consistently do pro rata in the next financing after leading or co-leading a seed so that we eliminate any "signalling risk". Yuri - Welcome to GC and thanks for helping us continue to get better at our core.
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The Alt Capital team and @jaltma coming through with the awesome and thoughtful holiday gift 🙏 Grateful for you all!
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We couldn't be more excited at @CrossoverVC to be teaming up with @andykonwinski, @krioukov, and @psonsini to support their vision for @LaudeVentures to back the next generation of iconic software companies 🚀
Exclusive: Databricks and Perplexity cofounder Andy Konwinski, early backer Pete Sonsini and Antimatter CEO Andrew Krioukov have launched Laude Ventures. The $150M seed fund will focus on research-driven, technical startups at Berkeley and elsewhere. forbes.com/sites/alexkonrad/…
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Crossover VC retweeted
Backing the awesome @tnachen and @EssenceVenture is sweet enough…but we’ll happily enjoy the holiday sweets too! cc @CrossoverVC
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Crossover VC retweeted
Thanks for the excellent day @137ventures @CrossoverVC
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Are you passionate about shaping the future of AI and data-driven innovation? Join Rackhouse as an Investment Associate in identifying, investing in, and nurturing the next generation of founders working at the intersection of AI/ML and the real world. rackhousevc.notion.site/rack…
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One of the many perks of working with @novakkm and @RackhouseVC! @RackhouseVC 🤝 @CrossoverVC
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