Venture CapitalRIA · CRD 167059SEC-RegisteredPrivate Fund Adviser

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Amplify Partners

Amplify Partners is an SEC-registered investment adviser – based in Menlo Park, California, since 2013.

Amplify Partners logo

Amplify Partners

Amplify Partners is an SEC-registered investment adviser – based in Menlo Park, California, since 2013.

General information

Firm type

Venture Capital

Year founded

2012

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Menlo Park

Corporate office

800 Menlo Ave, Suite 220, Menlo Park, CA 94025, United States

Additional offices

San Francisco, CA, United States

Principals

Lenny Pruss

General Partner

Mike Dauber

General Partner

Sector focus

Enterprise SoftwareAI/MLCybersecurityRobotics & AutomationData InfrastructureDigital HealthBlockchain & CryptoDeveloper Tools

Frequently asked questions

Who runs investment decisions at Amplify Partners?

General Partners Mike Dauber and Lenny Pruss lead the investment team from Menlo Park. Both were founding partners in 2012 and remain the central decision-makers for new commitments. The firm's website and portfolio record indicate a concentrated partnership structure rather than a dispersed committee model.

How does Amplify source proprietary deal flow?

Amplify sources primarily through the networks of its technical-founder community, which includes over 150 founders across its portfolio. The firm also leverages its Build Team — operators in sales, marketing, and recruiting — who interact with engineering leaders before they launch companies. Portfolio founders frequently cite Amplify as the first institutional call during spinout decisions, as was the case with Temporal's founding team leaving Uber.

Is Amplify structured as a traditional venture firm or does it offer operating services?

Amplify operates as a venture firm with a dedicated Build Team that functions as an embedded operating resource. Rather than informal advisory, the Build Team runs structured, goal-oriented sprints inside portfolio companies on go-to-market, recruiting, design, and content. This makes Amplify's model closer to a platform-enabled VC than a pure capital provider.

Does Amplify lead rounds or primarily follow other investors?

Amplify targets the first-check position and has historically led or co-led pre-seed and seed rounds for technical founding teams. The firm's portfolio consistently lists Amplify as the earliest institutional investor, from Datadog and Fastly in 2012 to Gradium and Boltz in 2025. Amplify will follow on in later stages but positions itself as the entry point.

What is Amplify's posture on AI investments?

Amplify invests across the AI stack: foundation-model companies (Runway, Luma AI), AI infrastructure and tooling (LangChain, Modal, DatologyAI), and domain-specific AI applications in biology and drug discovery (Chai Discovery, Achira, Infinitopes). The firm does not restrict itself to one layer and has been active in AI since 2018.

Does Amplify invest in open-source companies?

Yes. Amplify has backed multiple open-source-first commercial platforms including dbt Labs, Sourcegraph, Chainguard, PostgresML, and Dagster. The firm's developer-marketing content provides detailed guidance on topics such as open-source analytics instrumentation and hiring developer advocates, indicating a deliberate strategy around open-source go-to-market.

Where is Amplify's geographic focus?

Amplify is headquartered in Menlo Park with an additional office in San Francisco. The portfolio is concentrated in US-based companies, with a secondary but consistent presence in European founding teams. The firm's Build Team and community events remain anchored in the Bay Area.

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