Conductive Ventures was founded by three friends who were roommates during the dot-com bust, and the firm focuses on capital-efficient companies at the expansion stage—after they’ve found product-market fit but before they scale into hyper-growth—while looking for founders that other investors often overlook. The firm grew from a $100M debut fund to an oversubscribed $200M third fund, has backed companies in areas like construction AI, decision-tree software, marketing infrastructure, radar software, and fintech infrastructure, and runs its own podcast, Conductive Conversations, featuring founders, CEOs, and investors.