Interlace Ventures

Interlace Ventures invests primarily at pre-seed and seed, occasionally participating in select Series A rounds for existing portfolio companies. The firm writes initial checks sized for early technical teams that have not yet reached product-market fit at scale. Reserve allocation for follow-on is a stated part of the strategy, reflecting a concentrated portfolio construction approach rather than a spray-and-pray seed model.

Interlace Ventures does not invest in direct-to-consumer brands, consumer marketplaces that hold inventory, or pure-play advertising technology. Its mandate is confined to enterprise software that serves retailers, logistics operators, and the payments ecosystem — the tools that run commerce rather than the commerce itself. This negative screen is unusual among early-stage commerce funds and reinforces the firm's infrastructure-only positioning.

The firm relies on a specialist network built around commerce-operating executives, former Shopify and Stripe alumni, and retail-technology founders. Its thesis concentration means that founders building in warehouse orchestration, checkout infrastructure, or supply-chain intelligence often encounter Interlace through shared technical communities and trade verticals before they reach top-of-funnel at generalist funds. The firm does not operate a scout network or public syndicate.

Interlace Ventures invests exclusively in direct equity deals and does not make fund commitments to other venture managers. The firm does not operate a fund-of-funds allocation sleeve or participate in GP-stake acquisitions. Its model is fully concentrated on company-level exposure within the commerce infrastructure vertical.