Long Night Ventures

Long Night Ventures

Long Night Ventures is a seed-stage venture firm founded by Tyler Gage, operating out of Bellingham, Washington. Gage built the firm to back technical founders at the earliest stages of company formation, often writing the first institutional check into pre-revenue startups. The firm's name reflects a posture of patient, long-duration capital — backing founders through the difficult middle innings that most seed funds abandon after the first 18 months. The firm targets pre-seed and seed rounds, with a strategy centered on enterprise software, applied AI, and climate technology. Long Night Ventures writes initial checks typically ranging from $250,000 to $1 million, reserving significant follow-on capital for its highest-conviction positions. The firm does not publicly disclose a full portfolio list, but its investment activity tracked through regulatory filings shows deployment into companies building developer tools, B2B SaaS platforms, and climate resilience infrastructure. The geographic focus spans the Pacific Northwest, the Bay Area, and emerging tech hubs in the Mountain West. Long Night Ventures operates as a lean investment office with a high-conviction model. Rather than running a broad, index-like seed portfolio, the firm concentrates capital into 8–12 new positions per year. This allows Gage to take board seats or board-observer roles on a meaningful share of portfolio companies. The firm does not run a scout network, an accelerator, or a rolling fund, instead sourcing deals through direct relationships with engineering leaders and research labs at major universities. Structurally, Long Night Ventures departs from the standard seed fund model by maintaining a deliberately narrow LP base of active operators and exited founders. This removes the pressure to scale AUM rapidly and allows the firm to remain size-appropriate for pre-seed economics. Unlike many seed funds that graduate to larger vehicles within two or three vintages, Long Night Ventures has not signaled any intent to raise a growth-stage fund, keeping its strategy and check size aligned.