Maven Ventures Secures $60M for Fund IV, Proving Continued Enthusiasm for Consumer Tech Investing
When prolific venture capital firms Andreessen Horowitz and Lerer Hippeau announced in early 2024 they were pivoting away from consumer tech, it sparked a social media debate about whether there are still opportunities.
Jumping in, Maven will be there helping to build the next game-changing health AI company or robotics AI consumer business, he said.
Scheinman started the firm in 2013 and brought in Deshpande soon after to focus on consumer AI and personalized medicine.
They brought in investment partner Robert Ravanshenas in 2015, and again in 2020 after a stint in a startup operating role, to focus on fintech, longevity and consumer AI.
Together the trio remains committed to seeding similar consumer tech trends, including applications of AI, personalized healthcare, climate and sustainability, family technology and fintech.
