Early-stage Venture  ·  SF & NYC

Investing at the
earliest moment

We write the first check to startups reshaping foundational industries — healthcare, financial services, energy, and the infrastructure of everyday life.


Deep industries need
high conviction
and active partners.

The largest industries in the world are being reshaped by AI. We back the technologists and entrepreneurs building for the future, invest before traction, and work alongside them to find customers, hire, and scale.

01
Lead the First Round
We write the first institutional check — $500K to $1.5M — and take meaningful ownership. We don't wait for traction or follow other investors into rounds.
02
Capital + Customers
We follow capital with commitment. Our operator network spans the industries we invest in — from energy executives to healthcare systems to fintech infrastructure. We make introductions that turn into revenue and partnerships.
03
Recruiting & Fundraising
We help founders hire key employees and build a compelling narrative. Our portfolio companies go on to raise competitive Seed and Series A rounds from top firms.
04
Your First Call
The hardest decisions in company-building don't follow a schedule. We are your first call when you need backup.

Focus Areas

We invest where complexity
creates a moat.

Healthcare

Revenue cycle management, care navigation, clinical workflows, and the AI action layer transforming how medicine is administered so doctors can spend more time with patients.

Financial Services

From corporate finance to tax compliance, we invest in companies expanding the capabilities and reach of financial products. We backed Ramp at inception and look for bold reimaginings of the financial pipes that fuel the economy.

Transportation

Airline fleet optimization, auto retail, last-mile logistics -- the bits that move the atoms.

Energy & Industrials

Distribution technology, precision manufacturing, energy production systems -- we invest in the intelligence layer that drives heavy industry.

Gov & Security

AI-native cybersecurity, constituent management, language tutoring and the digital infrastructure to empower and protect our democracy.

Commerce

From the production floor to the consumer, billboard to inbox, we back startups building the future of commerce.



The Team

We know early stage because
we've been there.

General Partner
John Nordin
San Francisco
Lenny Langenscheidt
General Partner
Lenny Langenscheidt
New York
Anthony Ridgley
Investor
Anthony Ridgley
San Francisco
Joshua Jacobson
Venture Partner
Tim Douglas
Tech Interviewer
Nate Snow
COO/CFO
Karim Atiyeh
Advisor — CTO, Ramp
Z Reitano
Advisor — CEO, Ro

Founder Perspectives

What it means to have
Analog in your corner.


Analog in the News

Our portfolio,
making headlines.

WSJ
Serena Williams Is the Surprising New Face of Weight Loss Drugs
Ro
Read Article →
Mia Labs
Mia Labs Raises $20M Series A to Power the AI 'Super Employee' Behind 350+ Dealerships
Mia
Read Article →
TechCrunch
Ramp hits $32B valuation, just 3 months after hitting $22.5B
Ramp
Read Article →
View all coverage →

Ready to build something
that lasts?