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Refinery Ventures backs post-seed and Series A technology companies that have demonstrated product-market fit and are ready to scale. It focuses on the early-scale gap and often leads $3–5 million rounds while investing across a broad technology mandate.
Stage focus
Lead / follow
Check size
Ownership target
Generalist / Specialist
Generalist
Latest fund size
$38 million Fund II; Fund III targeted $50 million
Latest fund vintage
2024
Investing team
Patrick GilliganAssociate
Peter SchmidtPrincipal
Tim SchigelManaging Partner