Deviation Capital

Overview

Deviation Capital is an early-stage venture capital firm investing at Seed and Series A stages, focusing on technical founders who leverage data and computing to create innovative experiences, insights, and discoveries. The firm operates with offices in New York and San Francisco, managing approximately $2 billion in assets under management. Their portfolio includes companies such as WHOOP, Remote, Xaira, Kalshi, Gameto, Etched, and others that operate at the intersection of data, software, and advanced computing. The firm's investment strategy is guided by a long-term perspective on technology's evolution, referred to as their 'metathesis.' This approach emphasizes the belief that exceptional companies are built by harnessing increasing volumes of data and the improving ability to collect and analyze it through advancements in computing, hardware, and software. Deviation Capital aims to identify and support founders who are at the forefront of these technological advancements. Deviation Capital maintains a collaboration with Two Sigma through their Technical Expert Council (TEC), a team of senior Two Sigma leaders who provide support across sourcing, diligence, and advising portfolio companies. This collaboration enhances Deviation's connectivity to Two Sigma's broader community, which includes over 1,300 employees and more than 200 PhDs. This network offers Deviation Capital a unique advantage in sourcing and supporting high-potential startups in the technology sector.

Investment Focus

• Technical founders
• Seed and Series A stages
• Focus on data and computing innovations

Portfolio Companies