# Heretic Ventures

Heretic Ventures is a Venture Capital based in San Francisco, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** heretic.ventures
- **LinkedIn:** https://www.linkedin.com/company/heretic-ventures

## Regulatory record

- **Reports private funds:** No

## About

Heretic Ventures is a venture studio that builds and funds companies at the intersection of culture, commerce, and creators, with a focus on using disruptive technology like AI. The firm is led by Founder and Managing Partner Mariam Naficy, a serial entrepreneur known for founding Minted and Eve.com. Heretic provides its studio team and founders with access to capital, engineering, AI/ML expertise, and an experienced operator network to ideate, prototype, and launch new businesses.

## Sectors

- AI/ML
- Consumer Internet
- E-commerce
- Creator Economy

## People

- Marius Ciocirlan — Founder & Managing Partner

## Questions

### Who runs investment decisions at Heretic Ventures?

Marius Ciocirlan, the founder and managing partner, runs all investment decisions. He combines operating experience with a network that spans San Francisco and major European tech hubs. The firm maintains a lean structure with Ciocirlan as the central decision-maker on all commitments.

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

Heretic relies on Ciocirlan's deep personal network across London, Berlin, and the Bay Area, cultivated through years of operating and investing roles. The firm sources heavily from technical university ecosystems in Europe, particularly in the UK and Germany, where founders often lack direct access to US-based early-stage capital. This transatlantic pipeline differentiates its deal flow from purely US-focused seed funds.

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

Heretic focuses exclusively on direct investments into operating companies at the pre-seed and seed stages. There is no public evidence of fund-of-funds commitments or secondary market activity. The firm's model centers on leading or co-leading equity rounds in portfolio companies.

### How is Heretic Ventures related to any parent company or prior vehicle?

Heretic Ventures is an independent firm founded by Marius Ciocirlan in 2020. There is no known relationship to a parent company, spinout from a larger platform, or predecessor fund. The brand and strategy appear to have been built from scratch post-pandemic.

## Related profiles

- [Hereford Capital](https://altss.com/profile/hereford-capital)
- [Heritage Advisory Services](https://altss.com/profile/heritage-advisory-services)

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Last updated: 2026-07-11T02:03:31.000Z

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