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Nomad Ventures
Nomad Ventures is led by three former operators from Uber and Bird who have worked together for years.
Nomad Ventures
Nomad Ventures is led by three former operators from Uber and Bird who have worked together for years. Their founding team includes a former Bird executive who also served as CEO of Wheels, an early UberEats driver-growth lead who later worked in product strategy at Opendoor, and a Kauffman Fellow who was a founding member of UberEats and a scout at Upfront Ventures. The firm's thesis flows directly from their combined experience managing fast-scaling companies. They claim to have directly managed nearly every function at some of the fastest growing startups in history. The firm invests at Pre-Seed and Seed, targeting three thematic areas: autonomous infrastructure, AI-powered data network effects, and hybrid marketplaces. They look for wild ambition in founders building across foundational industries and network-effect businesses. The partners' operational background informs their conviction in these sectors, but the firm provides no disclosed details on fund size, specific portfolio companies, or realized returns. The website references a select portfolio without naming positions. The firm operates from Los Angeles. The three named partners represent the entirety of the disclosed team. Beyond their operating histories, they claim collective experience launching and leading expansion across 6 countries and 15 cities. The firm does not disclose any additional offices, liquidity events, or philanthropic vehicles. Nomad's structural differentiator is its concentrated, operator-led partnership. The firm is not a diversified platform or a scaled multi-stage manager. It is a small, thematically tight group where the investment thesis is inseparable from the specific resumes of its three founders—a model that centralizes decision-making and sector focus but limits diversification across team and stage.
General information
Firm type
Venture Capital
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
<Name Redacted 1>
Co-Founder & Managing Partner
<Name Redacted 2>
Co-Founder & Managing Partner
<Name Redacted 3>
Co-Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Nomad Ventures?
Investment decisions are run by the three co-founders and managing partners. The team includes a former Bird executive and Wheels CEO, an early UberEats driver-growth lead who moved to Opendoor, and a Wharton MBA who was a founding UberEats team member and Kauffman Fellow. The firm's website does not detail a formal investment committee structure, suggesting decisions are made collectively by this small group.
What is Nomad Ventures' investment thesis?
The firm invests against three thematic pillars: autonomous infrastructure, AI-powered data network effects, and hybrid marketplaces. The thesis leverages the partners' operating experience at Uber, Bird, and Opendoor. They target Pre-Seed and Seed-stage companies where they believe their operational background provides an unfair advantage in evaluating founders and market dynamics.
Does Nomad Ventures disclose its fund size or assets under management?
No. Nomad Ventures does not publicly disclose its fund size or assets under management. The firm's website notes that the partners have collectively raised over $100 million in venture capital during their operating careers, but this is not a statement of capital currently deployed by Nomad Ventures itself.
How does Nomad Ventures source its deals?
The firm relies heavily on the partners' personal networks built at Uber, Bird, and through affiliations like the Kauffman Fellows Program and Upfront Ventures. Their thesis is that they can anticipate the next wave in their focus sectors because of their deep operating experience, offering them proprietary insights rather than relying on broad inbound deal flow.
Is Nomad Ventures an operating company or a traditional venture fund?
Nomad Ventures is structured as a traditional early-stage venture capital firm, not an operating company or venture studio. The partners' backgrounds are as operators, but the firm functions as an external fund manager investing in independent startups. They do not build companies in-house.
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