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Derive Ventures — Seed & Series A VC Firm

VC

Derive Ventures is a Seed, Series A venture capital firm investing in Other, Real Estate. The firm has 40 portfolio companies in our records.

Portfolio
40 companies on record
Partners
6 listed
AUM
$1B
Stage
Seed, Series A
Sectors
Other, Real Estate
Check size
Not in our records

Last verified: 2026-10-22

How to approach: warm intro preferred
Stage

Seed, Series A

AUM

$1.0B

Portfolio

40+ companies

Team

6 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Early-stage fund focused on the future of hospitality, experiences, and real estate, with a specific emphasis on travel-sector software and white-space opportunities. Founded in 2021, it backs seed to Series A companies that modernize travel and adjacent industries.

How Derive Ventures invests

Derive Ventures is a vc firm. The firm invests at the Seed, Series A stages, with a focus on Other, Real Estate.

Derive Ventures manages approximately $1B in assets. Our records include 3 funds raised by the firm.

Derive Ventures has backed 40 companies in our records, including Margin, Mew, Canary Technologies.

Partners & Team

TC

Tyler Carrico

Managing Partner & Co-Founder

investment execution
diligence
sourcing
portfolio support
fund management
LP advisory

Tyler Carrico co-founded Derive Ventures in 2021 and currently serves as a Managing Partner. Prior to Derive, Tyler spent 4 years as an investment professional at Thayer Ventures. He was directly involved with the deployment of $50 million over 12 portfolio companies and oversaw follow-ons and management of over 40 companies.

MS

Mike Scott

Managing Partner & Co-Founder

U.S. hospitality
timeshare
all-inclusive resorts
travel distribution
gaming
alternative accommodations

Mike Scott co-founded Derive Ventures in 2021 and currently serves as a Managing Partner. Prior to co-founding Derive, Mike spent over 3 years as a private equity investment professional at KSL Capital Partners. He had over $4bn of transaction experience.

JJ

Jeff Jackson

Chairman

transportation
distribution
travel and hospitality

Jeff has spent the bulk of his career in executive roles within the transportation and distribution space. Prior to becoming the chairman of Derive Ventures, Jeff was a General Partner at Thayer Ventures since 2012.

CS

Chelsea Salamone

Vice President

hospitality industry
global expansion
brand development

Chelsea Salamone joined Derive Ventures in 2024. She brings over a decade of expertise in the hospitality industry, having worked at Standard International, Kimpton Hotels & Restaurants, and Pyramid Hotel Group.

NF

Noah Fosse

Venture Partner

real estate finance
sustainable development

Noah Fosse joined Derive Ventures in 2022. Prior to joining Derive, Noah worked at Eastdil Secured as an investment banker on the M&A/Corporate Advisory group.

MG

Michael Goldin

Industry Partner

travel technology
hospitality startups

Michael has spent 10 years in travel technology and hospitality startups and is currently the founder of Storied Collection. He is a two-time Phocuswright 35 under 35 leader.

Industry Focus

Invests In

Other
Real Estate

Funds

Derive Ventures Fund III

$200M2023
investing

Derive Ventures Fund II

$150M2021
fully deployed

Derive Ventures Fund I

$100M2019
fully deployed

Portfolio Companies (40)

Other

MA

Margin

Hospitality·Early-stage
ME

Mew

Hospitality·Early-stage
CA

Canary Technologies

Hospitality·Early-stage

guest experience and hotel operations software

TE

Tech

Hospitality·Early-stage
BI

Bilt Rewards

Hospitality·Early-stage

rewards and payments platform for renters and homeownership-related spending

NU

Nuitee

Hospitality·Early-stage
WA

Way

Hospitality·Early-stage
SE

Sensible

Hospitality·Early-stage
OP

Operto

Hospitality·Early-stage

property-operations and automation software for hospitality

TO

Topkey

Hospitality·Early-stage

expense management software for hospitality teams

How to pitch Derive Ventures
  • •Raising at Seed, Series A? You're squarely in their sweet spot.
  • •Lead with your fit in Other, Real Estate — the sectors they actively back.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Tyler Carrico, Managing Partner & Co-Founder.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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