Venture Capital

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Foothill Ventures

Foothill Ventures, run by former Yahoo and Auryc operators, has backed over 350 deep tech and life sciences startups from Los Altos.

Foothill Ventures logo

Foothill Ventures

Foothill Ventures is a technology-focused venture fund based in Los Altos, California. We make seed and A-round investments in startups across software, life sciences and deep tech.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Los Altos

Corporate office

Los Altos, CA, United States

Principals

Yahoo VP, Turn CTO

Managing Partner

Auryc CEO, Answers COO

Managing Partner

IGC & SSI/ iWatt Co-founder

Managing Partner

Sector focus

AI/MLEnterprise SoftwareDeep TechLife SciencesRobotics & AutomationEnergy Transition & RenewablesAgriTech & FoodTechCybersecurity

Frequently asked questions

Who runs investment decisions at Foothill Ventures?

The firm is led by three managing partners who previously served as CTO of Yahoo and Turn, CEO of Auryc and Answers, and co-founder of iWatt and IGC. Their website lists them collectively as the decision-makers, operating alongside a team of investment directors and venture partners without identifying a single CIO or executive chair.

What investment stages does Foothill Ventures typically target?

Foothill focuses on seed and Series A rounds for technology companies demonstrating technical differentiation. The firm looks for strong founding teams where product-level superiority—rather than go-to-market speed or pricing—will drive future success.

Which sectors does Foothill Ventures explicitly avoid?

Foothill does not publicly list excluded sectors, but its portfolio concentrates on infrastructure and AI applications, life sciences, and deep tech hardware. There is no evidence of investments in consumer packaged goods, generalist SaaS without a technical moat, or financial services outside of select fintech infrastructure plays.

Does Foothill Ventures maintain philanthropic structures, and how are they separated?

No philanthropic foundations, donor-advised funds, or impact-investing carve-outs are disclosed in Foothill's public materials. The firm operates as a standard for-profit venture fund without an affiliated charitable entity.

How does Foothill Ventures source proprietary deal flow?

Foothill draws on a network of over 350 portfolio-company founders accumulated across its history, along with venture partners who hold professorships at UCSF and prior engineering leadership roles at Alibaba Cloud and Seagate. Managing partners also participate in the TEEC Angel Fund network, providing access to Tsinghua-alumni-led startups.

Is Foothill Ventures structured as a single family office or does it operate more like a venture firm?

Foothill is a venture capital firm, not a family office. It raises external capital from limited partners, operates a team of investment professionals, and manages a diversified portfolio of early-stage technology companies — all hallmarks of an institutional asset manager rather than a single-family wealth vehicle.

Does Foothill Ventures participate in fund commitments or only direct deals?

Based on available information, Foothill invests directly into startups rather than acting as a fund-of-funds. Its portfolio page lists only operating companies, and the firm's materials describe writing seed and A-round checks without mentioning LP commitments to other venture managers.

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