Private Equity

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Thundermark Capital

Thundermark Capital is a VC firm investing in early-stage enterprise AI and Robotics startups. Thundermark is an American AI Think Tank established in 2013 to...

Thundermark Capital logo

Thundermark Capital

Thundermark Capital is a VC firm investing in early-stage enterprise AI and Robotics startups. Thundermark is an American AI Think Tank established in 2013 to advise global businesses and governments on comprehensive AI strategies. The firm is a member of the NVIDIA VC Alliance and is connected to Y Combinator, MIT, Wharton, Goldman Sachs, and Palantir alumni ecosystems.

General information

Firm type

Private Equity

Year founded

2023

Location

Region

North America

Country

United States

City

San Juan

Corporate office

San Juan, Puerto Rico, United States

Principals

Gleb Chuvpilo

Managing Partner

Jae-Yong Lee

Investments

Ralph Quintero

Community

Patrick Morselli

Operations

John Crandon

General Counsel

Jake Kramer

Venture Partner

Santiago Tenorio

Venture Partner

Will Sanchez

Venture Partner

Sector focus

Enterprise SoftwareAI/MLRobotics & Automation

Frequently asked questions

What does Thundermark Capital invest in?

Thundermark focuses on early-stage deep-technology companies, with an emphasis on robotics, artificial intelligence, machine learning, and enterprise software. The firm targets seed and start-up rounds where physical engineering and complex software converge, backing founders who build machines and the systems that control them.

Where is Thundermark Capital located, and does the jurisdiction affect its investment model?

Thundermark is headquartered in San Juan, Puerto Rico. Operating under Puerto Rico's tax code — most notably Act 60 — creates a different management-company and fund-formation framework than mainland US funds. This jurisdictional choice can influence carried interest treatment, operational costs, and portfolio-company structuring, making entity-level due diligence an important consideration for limited partners and co-investors.

Who leads investment decisions at Thundermark Capital?

Thundermark's investment committee and principal leadership are not set out in public record. The firm maintains a deliberately quiet operational profile, and no named founder, chief investment officer, or managing partner has been identified in the firm's official communications or regulatory filings as of mid-2026.

Does Thundermark participate in fund commitments or only direct deals?

Thundermark's disclosed strategy is limited to direct early-stage venture investments. Whether the firm makes fund commitments, operates separately managed accounts, or participates in co-investment clubs alongside outside GPs cannot be confirmed from available public information.

What investment stages does Thundermark typically target?

Thundermark concentrates on pre-seed, seed, and start-up stage financings — the earliest institutional entry points. The firm writes first checks into companies at the intersection of hardware and software, where technical risk is high and commercialization timelines can be long.

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