Liquid2 Ventures

A San Francisco-based venture capital firm investing in early and growth-stage technology companies.

Venture Capital Active San Francisco, United States Est. 2015
Last updated 2026-07-20
Portfolio
2
in our dataset
Rounds participated
2
Rounds led
0
Rounds' value
$8.0M
total disclosed, rounds participated
Stages
Pre-Seed, Seed

About

Liquid2 Ventures is a venture capital firm founded in 2015 by Joe Montana, Michael Ma, and Michael Miller. The firm invests in pre-seed, seed, and growth-stage technology companies across various sectors, including enterprise software, fintech, AI, and healthcare. They aim to support exceptional founders with capital, strategic guidance, and access to a vast network.

Portfolio · 2

Investment activity

Portfolio by sector

Business Software3
Media & Entertainment Technologies2
Retail Platforms1
Fintech & Insurtech1
Cyber Security1

Funds · 2

  • Liquid 2 Winners Fund I — $100M Jan 2025
  • Liquid 2 Ventures Fund IV, L.P. — $69.93M Dec 2023

Q&A

What is Liquid2 Ventures' most recent fundraise?
Liquid2 Ventures raised the Liquid 2 Winners Fund I in January 2025, securing $100M.
What was Liquid2 Ventures' second most recent fundraise?
Liquid2 Ventures raised Liquid 2 Ventures Fund IV, L.P. in December 2023, totaling $69.93M.
Which company did Liquid2 Ventures recently exit?
Liquid2 Ventures exited ai.work in July 2026 through an acquisition by ServiceNow Ventures.
What is Liquid2 Ventures' most recent investment?
Liquid2 Ventures participated in Recapp Sports' Seed round in February 2026, which raised $11M.
What was Liquid2 Ventures' second most recent investment?
Liquid2 Ventures invested in ai.work's Seed round in June 2025, which secured $10M.
What is Liquid2 Ventures' investment focus by stage?
Liquid2 Ventures primarily focuses on early-stage investments, specifically Pre-Seed and Seed rounds.
Which sectors does Liquid2 Ventures frequently invest in?
Liquid2 Ventures has shown a concentration in Business Software and Media & Entertainment Technologies, with three and two portfolio companies respectively.
Who are the founders of Liquid2 Ventures?
Liquid2 Ventures was founded by Joe Montana and Michael Ma.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websiteliquid2.vc/
LinkedInlinkedin.com/company/18847668

Identifiers & details

Legal nameLiquid 2 Ventures LLC
Founded2015

Radar intelligence

Web history (Wayback)

Domainliquid2.vc

Certificate / subdomain footprint

Subdomains11