# xSquared Ventures

xSquared Ventures is a Venture Capital based in Austin, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Austin, United States
- **Region:** North America
- **Address:** Austin, TX, United States
- **Founded:** 2019
- **Assets under management:** $100-250 million (Altss estimate)
- **Website:** xsquared.vc
- **LinkedIn:** https://www.linkedin.com/company/xsquared-ventures

## Regulatory record

- **Reports private funds:** No

## About

Xsquared Ventures is a venture capital firm founded in 2017 in Atlanta, Georgia. It invests in technology companies across various industries, focusing on distributed ledger technologies. The firm primarily invests in the technology sector.

## Sectors

- Enterprise Software
- FinTech
- Digital Health
- AI/ML
- Cybersecurity

## Offices

- Dubai, United Arab Emirates

## People

- Dilip Kumar — General Partner
- Andrew Fuller — General Partner

## Questions

### Who runs investment decisions at xSquared Ventures?

Investment decisions are made by General Partners Dilip Kumar and Andrew Fuller, both former operators at major tech companies. The firm's lean structure means both partners are actively involved in every deal from sourcing to post-investment support.

### Which sectors does xSquared Ventures focus on?

xSquared focuses on B2B enterprise software, fintech, digital health, and AI/ML. The firm avoids consumer, cleantech, and capital-intensive hard tech, preferring scalable business models with recurring revenue or network effects.

### How does xSquared Ventures source proprietary deal flow?

The firm leverages its binational Austin-Dubai presence for proprietary access to startups bridging the US and Middle East. Deal flow also comes from the partners' operating networks at Google, McKinsey, and Stripe, as well as relationships with accelerators and other venture firms.

### What is xSquared Ventures' known posture on co-investments alongside external GPs?

xSquared Ventures co-invests alongside institutional investors and other venture firms, often participating in syndicated rounds led by larger fund managers. The firm's network of family offices and HNW LPs also provides a co-investment base for follow-on rounds.

### How is xSquared Ventures related to its operational parent companies?

xSquared Ventures is an independent venture capital firm with no current corporate parent. The founders' prior roles at Google, McKinsey, and Stripe provide operational expertise but do not constitute a formal affiliation.

## Related profiles

- [Tron Foundation](https://altss.com/profile/tron-foundation)
- [Value Internet Fund](https://altss.com/profile/value-internet-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/xsquared-ventures

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