Improbability

Emerging manager

Built from this firm's Form D filings. The firm files no SEC adviser report.

Website: https://www.improbability.vc
HQ: CA

Improbability is a venture firm that backs one to two AI companies it believes matter each year. It invests at the pre-seed and seed stages in AI-native companies. Lavanya Shukla is listed as Managing Partner, and Lukas Biewald and Chris Van Pelt are listed as advisors.

01 · Says / Does

Tag	Says	Does
Stages	Pre-seed, Seed	Not enough dated deals
Sectors	Not stated	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
Improbability Fund I, LP Improbability backs the one to two AI companies it believes matter each year, writing pre-seed and seed checks into founders building the next generation of defining AI companies. Inferred from the firm's website	2026	$17.32M (Form D)	Open, writing first checks

03 · People across funds

Lavanya Shukla, Managing Partner
Improbability Fund I, LP (Named on Form D)
Chris Van Pelt, Advisor
Improbability Fund I, LP (Team)
Lukas Biewald, Advisor
Improbability 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