Chemistry

We are a group of female tech operators and entrepreneurs that invest together as a syndicate. We are current and former: Uber, Greylock, Flexport, DoorDash, Instacart. We believe that the 'sum of the parts is greater than the whole' — 6 networks, 6 expertise, 1 line item.

We look for founders with deep expertise and a passion for solving large problems — who can test, iterate, and out-execute. Scroll to the bottom to read more about our thesis.

Portfolio

Link to our Angellist page to join our syndicate. Contact us chemistry-capital@googlegroups.com.

Community - We are backed by and co-invest with top tech angels.

Bill Tai - Kiteboarding VC with 22 IPO's. 1st backer @ Zoom. Seed investor @ Canva, Color, Wish, Treasure Data. Co-Founder and Chair @ IPInfusion and Treasure Data.

Owen Mahoney - President and CEO @ Nexon. $28B games company.

Kevin Mahaffey - Founder/CTO @ Lookout. Investor: Airtable, People.ai, Sendbird, Demisto, Lattice, Nurx, RedLock, Mason, LTSE.

Alex MacCaw - Founder and Chairman @ Clearbit. Earl Grey Capital. Investor: Truework, Dreamship, Cooper.

Jean Sini - Partner @ Partech Ventures. Former founder. Investor @ Canva, Treasure Data, People.ai

Current Thesis — 4 big categories we are watching this decade.

Last updated: 1/10/2021

Food Optimization + Automation

Food delivery offers an easy and convenient way to enjoy a wide variety of cuisines. But, the cost is still too high for most to use it regularly. Virtual kitchens allow top restaurant brands to reach a larger audience by geography, but they have minimal impact in reducing the cost of delivery. Drone and robot delivery are one way to reduce the price by removing the driver. The other will be to reduce the cost of labor for food prep. By decreasing these costs, a restaurant can increase their margins or decrease the price to increase the demand (to reach this larger audience that delivery and virtual kitchen space has made available.) This will make food prep automation a likely approach to scaling restaurants in the future. And, as many restaurants know, their process is a matter of survival. Nourish.ai by example is developing robotic automated systems for larger chains.

Interactive Media

Mobile entertainment is here to stay and we may very well just be at the beginning. Gen Z has grown up with mobile phones as their main source of entertainment — not the TV. They don't sit and consume linear entertainment the way we did. They are used to fast-paced interactive content that they choose, and they are more than willing to pay for it. We are going to see more Instagram, TikTok and Twitch-like platforms that create a more interactive entertainment experience. We would call it social media, but we think it is much broader.

Consumer-friendly Enterprise Tech (For Non-Tech)

The consumerization of enterprise tech is still early. Technology companies may be using the latest software tools with sleek UIs, but most industries are not yet. Many large industries — everything from banking and logistics to manufacturing — will seek to adopt newer technologies in the next decade; their employees will expect slicker, more modern software experiences that mirror what they've come to expect from consumer tech. There is still a lot of remaining headroom for modern technology tools across the stack to sell to everyone from SMBs to large enterprises, particularly in non-tech industries.

Marketplaces

"The Uber for..." decade is not over. Marketplaces are opening up all sorts of new opportunities to connect supply and demand across industries. There will be another decade of marketplace opportunities for goods and even people (recruiting, on-demand jobs).