Heretic Studio
Emerging managerBuilt from this firm's Form D filings. The firm files no SEC adviser report.
- Website
- https://heretic.ventures
- HQ
- CA
Heretic Studio backs consumer founders working at the intersection of culture, commerce, and technology. Managing partner Mariam Naficy is a serial entrepreneur and operator who has built consumer businesses. Principal Huy Hoang has a background in finance and strategy. Advisor Andrew Carr is an AI researcher focused on machine learning and generative AI. Portfolio companies include Arcade, which uses AI to connect designers and brands with vetted makers, and Cartwheel, which builds text-to-motion models and creative tools for animators.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Not stated | Not enough dated deals |
| Sectors | Consumer | 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 |
|---|---|---|---|
| Heretic Studio Fund, LP Heretic invests in consumer founders working at the intersection of culture, commerce, and technology. It backs operators building their own companies, builders who take creative risks, and founders from outside the usual pipelines, often before day one through prototyping and brand design. Inferred from the firm's website | 2021 | $12.9M to $15M (Form D) | Late investment period |
03 · People across funds
- Mariam Naficy, managing partner
Heretic Studio Fund, LP (Named on Form D)
- Andrew Carr, advisor
Heretic Studio Fund, LP (Team)
- Huy Hoang, Principal
Heretic Studio Fund, 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