SAN FRANCISCO, Feb. 23, 2022 /PRNewswire/ -- Liquid 2 Ventures
LLC, today announces an $80MM raise of their third core fund,
Liquid 2 Ventures Fund III, L.P. that closed in December 2021, exceeding their $75MM target.
Liquid 2 Ventures is an early-stage venture firm founded by
Joe Montana, Michael Ma, and Mike
Miller in 2015. Their first two core funds, Liquid 2
Ventures, L.P. (vintage 2016, "Fund I") and Liquid 2 Ventures Fund
II, L.P. (Vintage 2018, "Fund II") are both over 3x and include
between them 25 companies valued at over $1B.
Joe Montana, Founding &
Managing Partner
Since Montana's retirement from the NFL in
1994, the HOF quarterback has been emersed in the venture capital
industry. In 1998, he co-founded HRJ capital and helped to grow the
fund of funds' AUM to over $900MM before his 2004 departure. From
2005 to 2010, Montana co-founded Modern Bank, a commercial bank
based in NYC, for which he served as a board member. Shortly
thereafter, he began angel investing under the guidance of his
mentor Ron Conway and a thriving
portfolio ensued. On the heels of several profitable, investments
from this period including Pinterest, DropBox, Weave, CoreOS,
ShipBob, OpenListings (acquired by OpenDoor), Caliva and House
Spirits, Montana opened his own shop in 2015. Along with his core
partners Michael Ma and Mike
Miller, Liquid2 Ventures was founded. His son, Nate, joined
shortly thereafter and is currently a general partner.
Michael Ma, Founding &
General Partner
Shortly after completing Yale undergrad, Ma co-founded TalkBin, where he
served as COO and successfully took the company through the YC
Winter 2011 class. Ma stayed on as Project Manager at Google to
ensure the continued success of TalkBin. In 2015 he graduated from
Harvard Business School and that same
year became a founding partner of Liquid 2 Ventures.
Mike Miller, Founding &
General Partner
A trained particle physicist, Miller thrives
at long term fundamental research and introducing innovative
technologies to market. He was an early leader in the cloud
computing, no-sql and big data markets, helping create, evangelize,
and ultimately bringing these technologies to both hyper-growth
startups and Fortune 500 enterprises. Miller was co-founder and
Chief Scientist at Cloudant (acquired by IBM) and a graduate of the
YC Spring 08 class. As a founding partner at Liquid 2 Ventures,
Miller's areas of expertise include machine learning/AI, cloud
services, infrastructure, enterprise software, IoT, science, and
space. He is also an author/co-author of over one hundred
scientific publications.
Nate Montana, General
Partner
Montana has over 9 years of experience in angel
investing and is currently a General Partner at Liquid 2 Ventures.
A graduate of the University of
Montana, he took a role early-on at Niche, a start-up
focused on connecting social media influencers with advertisers.
Niche was acquired by Twitter, where Montana continued to work
until 2016 when he joined Liquid 2 Ventures as an Associate. He was
promoted to Principal in 2017 and made General Partner in 2021.
Liquid 2 Venture LLC
Liquid 2 Ventures is based in
the San Francisco Bay Area and is
a venture capital with a focus of early-stage investment funding
for technology startups at the seed-stage. https://liquid2.vc
For interviews, photos, and more information, please
contact:
Elizabeth Montana Luciano ~
elizabeth@liquid2.vc ~ (707) 312-0460
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SOURCE Liquid 2 Ventures