@mantisVC, the LA-based venture firm co-founded by The Chainsmokers’ Alex Pall and Drew Taggart alongside GPs Jeffrey Evans and Milan Koch, has officially closed Fund III at $100M, bringing the firm’s total AUM to $225M across three funds.
Backed by LPs including Allocate, TriplePoint Capital, and Summit Peak, Fund III will deploy $500K–$2M checks into early-stage companies across AI, cybersecurity, frontier tech, data & cloud infrastructure, and healthtech. The Mantis platform has already backed 170+ startups including Chainguard, Underdog, Dandy, and had notable exits like Coinbase and Rupa Health.
With top-tier operator-investors like Saveena Mandadi (cybersecurity), Caroline Menkes (health), and Gaurav Bhogale (AI/infrastructure) joining the team, Mantis is scaling a founder-obsessed model that blends hands-on GTM help with cultural firepower from The Chainsmokers’ global network.
FOUNDERS: Jeffrey Evans, Milan Koch, Alex Pall, Drew Taggart
FUND SIZE: $100M (Fund III)
TOTAL AUM: $225M
SECTOR FOCUS: AI, Cybersecurity, Infra, Frontier Tech, Healthtech
CHECK SIZE: $500K–$2M
LPs: Allocate, TriplePoint Capital, Summit Peak
PORTFOLIO: Chainguard, Underdog, Dandy, Coinbase, Rupa Health, etc.
#TradedVC #MantisVC #FundIII #Chainsmokers