Derive Ventures
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- HQ
- CA
Derive Ventures is an early-stage venture fund that invests in the next generation of hospitality, experiences and real estate. Its co-founders are Tyler Carrico and Mike Scott, who started the firm in 2021 and serve as Managing Partners. Chelsea Salamone and Noah Fosse have also joined the team. Portfolio companies include Canary Technologies, Bilt Rewards, Cents, MarginEdge, Runwise, Sensible Weather and Directo.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Not stated | Not enough dated deals |
| Sectors | Consumer, Construction and proptech | Not enough dated deals |
| Regions | Not stated | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Thayer Ventures V, L.P. | approx. 2025 | Not reported | Raising |
| DERIVE VENTURES FUND I, LP Derive Ventures is an early-stage venture fund investing in the next generation of hospitality, experiences and real estate, bridging technology and travel by backing entrepreneurs shaping the future. Portfolio companies span hotel guest management, restaurant management, vacation rental booking and building control. Inferred from the firm's website and portfolio companies | 2022 | $18.63M (Form D) | Late investment period |
03 · People across funds
- Christopher Hemmeter, Managing Member of the Issuer's General Partner
Thayer Ventures V, L.P. (Named on Form D)
- Michael Scott, Managing Member of the Issuer's General Partner
Thayer Ventures V, L.P. (Named on Form D); DERIVE VENTURES FUND I, LP (Named on Form D)
- TYLER CARRICO, MANAGING MEMBER OF THE GENERAL PARTNER OF THE ISSUER
DERIVE VENTURES FUND I, LP (Named on Form D)
- Zachary Carrico, Managing Member of the Issuer's General Partner
Thayer Ventures V, L.P. (Named on Form D)
- Chelsea Salamone, Vice President
DERIVE VENTURES FUND I, LP (Team)
- Mike Scott, Managing partner & Co-Founder
DERIVE VENTURES FUND I, LP (Team)
- Noah Fosse, Venture Partner
DERIVE VENTURES FUND I, LP (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026