Carey Lai traces his knack for spotting overlooked companies back to being teased for being different as a kid, and he still looks for founders who are comfortable being misunderstood, the same way he learned to be with his own unusual name. He broke into venture capital by sending more than 80 cold emails, later spent 18 months and over 150 meetings trying to raise his own fund before it came in short of its goal, and now stays closely involved with companies like Zingtree while hosting in-depth interviews with founders and operators through Conductive Conversations.
About their Fund
Sectors
Enterprise, SaaS, Deeptech / Hardware, AI, Fintech
Rounds
Series A - Series B+
Avg Check Size
Notable Investments
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.
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
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Links
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