In a world where AI is quickly transforming the way businesses operate, investors are racing to support the most promising early-stage startups.
One firm leading the charge is Heavybit, a venture capital outfit based in San Francisco.
They’ve just wrapped up a massive fundraising push—securing over $180 million across two new funds aimed at shaping the future of enterprise infrastructure.
Two New Funds, One Clear Mission
Heavybit’s latest announcement includes the close of its fifth flagship fund, focused on pre-seed and seed investments, and its second opportunity fund.
Together, they’ve raised a combined total of more than $180 million.
This dual-fund approach allows Heavybit to back founders early in their journey and continue supporting them as they grow.
Backing Builders from the Ground Up
At the heart of Heavybit’s strategy is a commitment to founders who are building AI-native solutions—especially in the fields of infrastructure, enterprise software, and cybersecurity.
Led by Tom Drummond (founder and managing director) and Joseph Ruscio (general partner), the firm writes checks ranging from $500,000 to $5 million, typically taking the lead in pre-seed and seed rounds.
They’re not limited to just Silicon Valley either—Heavybit’s portfolio extends across 47 cities in 15 countries, giving them a truly global footprint.
More Than Just Money: A Full-Scale Support System
Heavybit doesn’t just write checks and walk away.
Founders in their network get plugged into an impressive ecosystem of over 1,000 expert advisors, along with a hands-on platform team and partners who bring deep technical and operational expertise.
This support is tailored to help startups hit the ground running—especially when it comes to building go-to-market strategies and scaling effectively.
A Proven Track Record in the Developer World
This isn’t Heavybit’s first rodeo.
Over the last ten years, they’ve helped build some of the most recognizable names in developer tools and infrastructure.
That includes industry leaders like Tailscale, LaunchDarkly, and PagerDuty.
They’ve also gotten behind rising stars like Groundcover, LocalStack, Unikraft, and Continue, cementing their role as early believers in bold technical visions.
What’s on the Horizon?
With these new funds, Heavybit is signaling loud and clear that it’s ready to invest in the next generation of infrastructure innovators—especially those pushing boundaries with AI at the core.
As startups across the globe continue to reshape how enterprises build and secure software, Heavybit wants to be there from day one.