Allen Zhu

Principal, EVP
Allen Zhu, who built companies including a food startup that reached a top‑3 category spot, brings founder-level operational scrutiny—SaaS metrics and enterprise buying—and backs founders with niche, insider expertise.
How to contact Allen Zhu
Stages their fund invests in
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Sectors their fund invests in
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Avg Check
$1M–$10M
N/A
Does their fund Lead?
No
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Geos their fund invests in
Allen Zhu
Stages their fund invests in
N/A
Sectors their fund invests in
SaaS
AI
Enterprise
Fintech
HR Tech
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Avg Check
$1M–$10M
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Leads?
No
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About Allen Zhu

Allen Zhu has actually started and run his own companies, including a food startup that reached a top-3 spot in its category, so he looks at deals with real founder experience instead of just an investor's view. He digs deep into how businesses actually work, from SaaS metrics like CAC payback to how enterprise customers really buy, and he tends to back founders who understand hard, niche industries from the inside rather than chasing trendy categories.

About their Fund

Sectors
SaaS, AI, Enterprise, Fintech, HR Tech
Rounds
Series A
Avg Check Size
$1M–$10M

EVP is known for high founder affinity, ranking #2 in Astral Ventures' anonymous VC Leaderboard among ANZ funds and ahead of many larger names, and for being a low-profile, relationship-driven firm led by Howard Leibman, known as the founder whisperer, who takes an active, hands-on approach by sitting on boards like Practice Ignition and Deputy and building concentrated portfolios rather than spreading bets across many companies. The fund now focuses specifically on early-stage AI-first software companies building for global scale, backing serious software businesses at the Series A stage using criteria like economic quality, earned founder market fit, and compounding advantage, while also offering structured support such as executive hiring through resources like Talent_OS.

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