Updated:
Recursive Ventures
Itamar Novick runs Recursive Ventures as a solo capitalist making $100k–$1m pre-seed and seed AI bets in the US.
Recursive Ventures
Recursive Ventures is a nano seed fund investing in early-stage companies. It has made 18 investments, including a Pre-Seed investment in Blazel on February 10, 2026. Recursive Ventures has one portfolio exit, Watchful, which exited on April 17, 2024.
General information
Firm type
Venture Capital
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Principals
Itamar Novick
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Recursive Ventures?
Itamar Novick is the sole decision-maker. The firm is structured as a solo-capitalist vehicle, which means there is no investment committee. Novick's judgment alone drives deployment, supported by venture partners Chris Hulls and Konstantin Othmer.
Does Recursive Ventures lead rounds?
No, Recursive intentionally does not lead investment rounds. The firm co-leads pre-seed and seed rounds, a policy designed to minimize potential governance conflicts with founders. This posture allows Recursive to deploy capital without the controlling dynamics that can accompany lead-investor rights.
What is Recursive Ventures' typical initial check size?
The firm's initial investment typically falls in the $100,000 to $1 million range. Over the life of a company, Recursive can invest up to $10 million through follow-on participation and syndicate programs, per its own website.
What stages does Recursive Ventures target?
Recursive invests exclusively in pre-seed and seed-stage startups. It continues to support portfolio companies in subsequent rounds — Series A, Series B, and beyond — primarily through fundraising assistance and syndicated follow-on capital.
How does Recursive Ventures source deals?
The firm's submission process requires a warm introduction: founders must submit a pitch deck through a mutual LinkedIn connection who can vouch for them. Recursive also conducts due diligence by back-channeling with a founder's colleagues and peers before making an investment decision.
What geographic and sector focus does Recursive Ventures have?
Recursive is focused on US-based founders targeting the US market, with a concentration on the San Francisco Bay Area. Its sector thesis centers on data and AI-driven disruption across fintech, proptech, mobility, insurtech, cybersecurity, and enterprise software.
How is Recursive Ventures structured — is it a fund or an individual's vehicle?
It is a solo-capitalist venture firm managed by Itamar Novick. The structure eliminates partner-level politics and enables a decision-making process that can produce an investment verdict within days, rather than weeks, according to the firm.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: