CH

Chamaeleon Ventures

VC
Austin, TXWebsite

Chamaeleon Ventures is a Seed venture capital firm based in Austin, TX investing in AI / ML, SaaS, Other. The firm typically writes $500K–$2.0M checks and has 13 portfolio companies in our records.

How to approach: cold outreach ok
Stage

Seed

Check Size

$500K – $2.0M

AUM

$70M

Portfolio

13+ companies

Team

3 partners

Investor activity
Last known investment: 2023Investments in last 12 months: 0

Investment Thesis

Chamaeleon focuses on the application of AI and machine learning to improve business efficiency, targeting underinvested workflows across industries.

How Chamaeleon Ventures invests

Chamaeleon Ventures is a vc firm based in Austin, TX. The firm invests at the Seed stage, with a focus on AI / ML, SaaS, Other.

Chamaeleon Ventures typically writes checks of $500K–$2.0M per investment, backed by approximately $70M in assets under management.

Investing since at least 2023, Chamaeleon Ventures has backed 13 companies in our records, including DraftKings, Robinhood, RBRK. Its most recent recorded investment was in 2023.

Meet the Team

AC

Armindo Costa

General Partner

NP

Nuno Pedro

Managing Partner

AK

Adrienne King

Managing Partner

AI/ML
Productivity Workflow

Industry Focus

Invests In

AI / ML
SaaS
Other

Portfolio Companies (13)

2023

DR

DraftKings

IPO
RO

Robinhood

IPO
RB

RBRK

IPO
36

3667

IPO

Other

TA

Taikai

DA

Dassault Systemes

UN

Unity

BA

Barracuda

IN

IntelyCare

AI Automation
FO

Ford

How to pitch Chamaeleon Ventures
  • Raising at Seed? You're squarely in their sweet spot.
  • Lead with your fit in AI / ML, SaaS, Other — the sectors they actively back.
  • Size your ask to their typical $500K – $2.0M check.
  • cold outreach ok
  • Address your outreach to a specific partner, such as Armindo Costa, General Partner.
  • A warm introduction beats a cold email. Get matched and request an intro.

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