About
.406 Ventures is an early-stage venture capital firm that invests in innovative Information Technology (“IT”) and services companies founded by the finest entrepreneurs. We are a veteran team of industry entrepreneurs, operators and investors who apply real world experience, deep industry knowledge and networks, and strong company-building skills to create value for our entrepreneurs and investing partners. We typically are the lead, first institutional investor in early-stage and de novo investments in market-changing IT Security and Infrastructure, Technology-Enabled Business Services, and Next-Generation Software companies.
Key facts
- Website
- 406ventures.com
- Type
- Venture Capital
- Headquarters
- United States
- Funds raised
- $490M
- Portfolio companies
- 6
- Stages
- SeedSeries ASeries BSeries CSeries E
- Cheque size
- $4M to $120M
- Sector focus
- VideoEnterpriseMediaRecruitingTalent
Recent investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 24 Feb 2025 | RAD Security | Undisclosed round | $14M |
| 1 Jan 2025 | Axelera AI | Credit Facility | $10M |
| 13 Dec 2024 | Predoc | Series A | $30M |
| 26 Oct 2024 | ExaCare.AI | Series B | $30M |
| 1 Jan 2024 | 1019768 | Undisclosed round | $50M |
| 14 Dec 2022 | Retrain.ai | Series B | $14M |
| 15 Aug 2021 | Retrain.ai | Series A | $7M |
| 1 Feb 2020 | Retrain.ai | Seed | $4M |
| 31 Aug 2016 | Compass | Series D | $75M |
| 15 Sept 2015 | Compass | Series C | $50M |
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Frequently asked
What companies has .406 Ventures invested in?
.406 Ventures has invested in RAD Security, Axelera AI, Predoc, ExaCare.AI, 1019768 and 4 more.
AUM
$490M
PORTFOLIO
6

