Supp
The healthcare system can sometimes feel like it’s not working on our behalf, leading to a loss of trust. When trust erodes, we lose our sense of empowerment. Our sense of agency disappears. Outcomes deteriorate. This isn't inevitable. Instead, people-driven [...] Read more
Healthcare at the Edge
Co-authored with Jared Hecht USV invests at the edge of large markets being transformed by technological and societal pressures, and we believe that healthcare is at a transformational inflection point. At the edge we have a confluence of movements ranging [...] Read more
Open Source, the AI stack, and need for permissionless experimentation
An obvious observation: open-source software has been an integral part of software development for decades. This collaborative approach enables developers across the world to work together on projects in a decentralized manner. Making source code freely available for anyone to [...] Read more
Hallucinations as a feature, not a bug
Co-authored with Grace Carney A few months ago Fred kicked off a conversation about what the “native” applications of AI technology will be. What are the new things or businesses that we can now build that weren’t possible before the [...] Read more
Trust and Artificial Intelligence
Trust is the core component of the USV investment thesis: “trusted brands that broaden access” is the opening description of our articulation. In a world of applications that are driven by artificial intelligence, we are now thinking about how trust [...] Read more
Hume AI
Bob Dylan’s song Like A Rolling Stone contains the famous chorus: "How does it feel?" This line heralded a generation of music, art, and science that tackled the messiness and complexity of human feeling with an intensely directed focus. The [...] Read more
Mombak
Co-authored by Mona Emissions reduction alone is not enough to address the climate crisis. Carbon removal is an essential part of any solution. In fact, all IPCC 1.5c scenarios feature annual carbon removal at the gigaton level — somewhere between [...] Read more
Karat
Co-authored by Hannah Murdoch Ten years ago, USV wrote about how technology was changing the way people funded their ideas and earned a living. Investing in Kickstarter, we noted: “Creative people will continue to produce amazing works. We do not [...] Read more
USV 2021 Fund
We are pleased to announce that USV has raised a 2021 Core Fund with commitments of $250 million. This Core Fund will complement our new Climate Fund and existing Opportunity Fund. This will be USV’s seventh early-stage venture fund since [...] Read more