Sign up or Log in
AngelList
  • About
  • Team
  • Investments
  • Utopian Ventures
  • Back Syndicate
Invest with Utopian Ventures
Back Syndicate
$136.8k
Typical Investments
6
Expected Deals/Year
83
Unique LPs have invested
Note from Utopian Ventures

I invest in companies that leverage technology to reimagine industries and markets entrenched in the past.

We’re in the middle of an innovation revolution. Ubiquitous access to the internet enabled anyone with curiosity and talent to learn how to build things for themselves. It’s given them collaborators, a network of supporters, and an audience with whom to share what they’ve created.

Yet, we’re in a world surrounded by incumbents who have been doing things the same way for decades, if not centuries.

I believe that today’s breakout companies are going to be ones that reimagine how things could work in tomorrow’s world. Marc Andreessen once articulated this thought as “software eating the world.” I think it goes beyond just software. New business models and new hardware are now possible too, enabled by software and networking. We’re already starting to see this pattern create some early successes: Uber, Airbnb, Zenefits, and Stripe are all companies that looked at a stagnant market and asked “isn’t there a better way?”

* * *

As an engineer and founder myself, I have a unique ability to assess startups on their technology, their team, and their ability to execute on it. I’ve spent my entire career working on companies from the very early stages, creating hundreds of millions in value along the way.

Meanwhile, I’m still working on execution to this day. When not investing, I spend my time working at AngelList—reimagining another industry in serious need of some fresh ideas: venture capital itself.

Dealflow

I will syndicate all deals possible, with founder approval.

My investments are primarily at the seed stage in SF-based companies.

Early-stage investing is extremely risky. Expect the vast majority of investments to fail.

Read More
Team
Kenneth Ballenegger
Kenneth Ballenegger
Investments
Reach
Smarking
SourceDNA
Forge
Clearbit
Mezmo
Beep Networks
Lever
View More
Private investments may not be included yet.
All deals on AngelList default to private. Learn More »
Help · Twitter · Terms & Risks · Privacy Policy & Cookies · Cookie Settings · Unsubscribe · Press