# Gauntlet Ventures

Gauntlet Ventures is a Venture Capital based in Dallas, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Dallas, United States
- **Region:** North America
- **Address:** 5960 Berkshire Lane, 6th Floor, Dallas, TX 75225
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** gauntletventures.com
- **LinkedIn:** https://www.linkedin.com/company/gauntlet-ventures

## Regulatory record

- **Reports private funds:** No

## About

Gauntlet Ventures was established in 2022 by Chris Schultz and Oliver Carmack. The firm directs capital from technology-driven entrepreneurial families into companies that apply artificial intelligence, robotics and software to defined problems. Schultz also co-founded Venture Dallas, a regional network that surfaces local founder opportunities. The firm commits across early stage through Series B, using direct co-investments, SPVs and thematic funds. It has backed SpaceX since a 2012 Series B round, Klarna since a 2006 Series A and Apeel Sciences since an 2018 Series B. Additional positions include multiple consumer and fintech companies started in 2022. All activity remains within North America. The Dallas headquarters lists ten portfolio companies with a combined valuation of $1.1 billion and one unicorn. The team includes six general partners and a CFO who also leads due diligence. Chris Schultz maintains membership in YPO. No new office openings or leadership changes have been recorded in the past twenty-four months. Gauntlet Ventures differs from standard multi-family offices by requiring internal team members to serve as co-founders on multiple portfolio companies rather than limiting involvement to capital allocation.

## Sectors

- Robotics & Automation
- FinTech
- Digital Health
- SpaceTech
- Enterprise Software
- AI/ML
- PropTech
- InsurTech
- AgriTech & FoodTech

## People

- Oliver Carmack — Co-Founder, Managing Partner
- Mark Elliott — Co-Founder, General Partner
- Ray Kurzweil — General Partner
- Alexandra Cook — CFO & Head of Due Diligence

## Questions

### Who runs investment decisions at Gauntlet Ventures?

Chris Schultz serves as Managing Partner and Founder. Oliver Carmack and Mark Elliott act as Co-Founders with General Partner responsibilities. Ray Kurzweil and additional partners participate in deal review.

### How does Gauntlet Ventures source proprietary deal flow?

The firm draws on Chris Schultz's role as co-founder of Venture Dallas and his YPO membership. Direct founder relationships and internal co-founding activity generate additional opportunities.

### Does Gauntlet Ventures participate in fund commitments or only direct deals?

The firm uses direct co-investments and SPVs. It also structures thematic funds for select opportunities.

### What investment stages does Gauntlet Ventures typically target?

Activity centers on seed through Series B. The firm has executed first investments at Series A and Series B stages in multiple companies.

### What is Gauntlet Ventures's known posture on co-investments alongside external GPs?

The firm executes direct co-investments and maintains SPV structures. It has not disclosed participation in third-party fund commitments.

## Related profiles

- [Gattaca Ventures](https://altss.com/profile/gattaca-ventures)
- [Gaydoul Group](https://altss.com/profile/gaydoul-group)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/gauntlet-ventures

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