Riot Ventures Management, LLC
SEC-registered investment adviser.
- Website
- HTTPS://RIOT.VC
- HQ
- CA
Riot Ventures Management, LLC is dedicated to modernizing critical industries through a select group of companies. Will Coffield is co-founder and General Partner, and Pauline Kress serves as Chief of Staff. Sarang Shah is Vice President of Finance and Head of Operations. Portfolio companies mentioned include True Anomaly in orbital space defense and Endurance in offshore geothermal energy.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | None |
| Sectors | Not stated | Not enough dated deals | Robotics |
| Regions | Not stated | Not enough dated deals | MA |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2016 | 2 | AI applications, Devtools, Ecommerce |
| 2018 | 2 | AI applications, Biotech, Construction and proptech |
| 2019 | 2 | Enterprise SaaS, Manufacturing, Robotics |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Riot Ventures Select Fund I, L.P. Riot Ventures invests in a select group of companies that aim to modernize critical industries. Its portfolio spans areas such as space defense, offshore geothermal energy, autonomous logistics, robotics, and applied AI. Inferred from the firm's website and portfolio companies | 2026 | $131M (Form D) | Open, writing first checks |
| Riot Ventures Fund III, L.P. Riot Ventures invests in a select group of companies that aim to modernize critical industries. Its portfolio spans areas such as space defense, offshore geothermal energy, autonomous logistics, robotics, and applied AI. Inferred from the firm's website and portfolio companies | 2024 | $151.61M to $160M (Form D) | Raising |
| Riot Ventures Fund II, L.P. | 2020 | $86.43M (Form D) | Follow-ons only |
03 · People across funds
- Stephen Marcus, Managing Member of the General Partner
Riot Ventures Select Fund I, L.P. (Named on Form D); Riot Ventures Fund III, L.P. (Named on Form D); Riot Ventures Fund II, L.P. (Named on Form D)
- William Coffield, Managing Member of the General Partner
Riot Ventures Select Fund I, L.P. (Named on Form D); Riot Ventures Fund III, L.P. (Named on Form D); Riot Ventures Fund II, L.P. (Named on Form D)
- Pauline Kress, Chief of Staff
Riot Ventures Select Fund I, L.P. (Team); Riot Ventures Fund III, L.P. (Team); Riot Ventures Fund II, L.P. (Team)
- Sarang Shah, Vice President of Finance and Head of Operations
Riot Ventures Select Fund I, L.P. (Team); Riot Ventures Fund III, L.P. (Team); Riot Ventures Fund II, L.P. (Team)
- Will Coffield, co-founder and General Partner
Riot Ventures Select Fund I, L.P. (Team); Riot Ventures Fund III, L.P. (Team); Riot Ventures Fund II, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- HTTPS://RIOT.VC
- https://riot.vc/
- https://riot.vc/partners/will-coffield
- https://riot.vc/partners/pauline-kress
- https://riot.vc/partners/sarang-shah
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026