Storm Ventures
SEC exempt reporting adviser (venture capital exemption).
- Website
- HTTP://WWW.STORMVENTURES.COM
- HQ
- CA
Storm Ventures is an early stage venture firm focused on B2B companies, with a stated goal of building enterprise leaders. The firm has a team of partners and emeritus partners based in Silicon Valley and Boulder. Its portfolio includes Heeler Security, Pinkfish, Retorio, and Dasera.
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 | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Series A, Series B, Growth, Seed |
| Sectors | AI applications, Cybersecurity, Enterprise SaaS | Not enough dated deals | Enterprise SaaS, Hardware, Data analytics, Cybersecurity, Devtools |
| Regions | Not stated | Not enough dated deals | CA |
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 |
|---|---|---|
| 1998 | 1 | Hardware |
| 1999 | 1 | Enterprise SaaS, Hardware, Manufacturing |
| 2000 | 10 | Hardware, Enterprise SaaS, Semiconductors |
| 2001 | 3 | Hardware, Enterprise SaaS |
| 2002 | 6 | Hardware, Consumer, Enterprise SaaS |
| 2003 | 3 | Hardware, Enterprise SaaS |
| 2004 | 5 | Hardware, Manufacturing, Semiconductors |
| 2005 | 13 | Hardware, Enterprise SaaS, Cybersecurity |
| 2006 | 10 | Enterprise SaaS, Media, Cybersecurity |
| 2007 | 8 | Hardware, Enterprise SaaS, Cybersecurity |
| 2008 | 12 | Enterprise SaaS, Media, Cybersecurity |
| 2009 | 6 | Enterprise SaaS, Cybersecurity, Data analytics |
| 2010 | 14 | Enterprise SaaS, Data analytics, Hardware |
| 2011 | 10 | Enterprise SaaS, Data analytics, Cybersecurity |
| 2012 | 12 | Enterprise SaaS, Devtools, Media |
| 2013 | 10 | Enterprise SaaS, Devtools, Cybersecurity |
| 2014 | 10 | Enterprise SaaS, Devtools, Data analytics |
| 2015 | 14 | Enterprise SaaS, Data analytics, Devtools |
| 2016 | 16 | Enterprise SaaS, Data analytics, AI applications |
| 2017 | 16 | Enterprise SaaS, Data analytics, Cybersecurity |
| 2018 | 14 | Enterprise SaaS, AI applications, Data analytics |
| 2019 | 11 | Enterprise SaaS, Data analytics, AI applications |
| 2020 | 3 | Biotech, Enterprise SaaS, Fintech |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 3 | 3 | 5 |
| 2011 | 0 | 1 | 3 | 0 | 5 |
| 2012 | 0 | 2 | 5 | 0 | 4 |
| 2013 | 0 | 1 | 3 | 3 | 2 |
| 2014 | 0 | 4 | 0 | 4 | 2 |
| 2015 | 0 | 5 | 7 | 0 | 1 |
| 2016 | 0 | 5 | 5 | 6 | 0 |
| 2017 | 0 | 6 | 8 | 1 | 1 |
| 2018 | 0 | 4 | 5 | 4 | 1 |
| 2019 | 0 | 1 | 6 | 2 | 2 |
| 2020 | 0 | 0 | 1 | 1 | 1 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| STORM VENTURES FUND VII, L.P. Storm Ventures is an early stage venture firm investing in B2B enterprise software startups, including disruptive B2B AI software in areas such as enterprise infrastructure and cybersecurity. Inferred from the firm's website | 2021 | $208.42M (Form D) | Late investment period |
03 · People across funds
- GENERAL PARTNER STORM VENTURE ASSOCIATES VII, L.L.C., GENERAL PARTNER OF THE ISSUER
STORM VENTURES FUND VII, L.P. (Named on Form D)
- RYAN FLOYD, MANAGING MEMBER OF THE GENERAL PARTNER OF THE ISSUER
STORM VENTURES FUND VII, L.P. (Named on Form D)
- TAE HEA NAHM, MANAGING MEMBER OF THE GENERAL PARTNER OF THE ISSUER
STORM VENTURES FUND VII, L.P. (Named on Form D)
- Alex Mendez, Partner Emeritus
- Arun Penmetsa, Partner
- David Somers, Partner
- Minjoo Kim, Partner
- Sanjay Subhedar, Partner Emeritus
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- HTTP://WWW.STORMVENTURES.COM
- https://stormventures.typeform.com/to/H6I1Qq?typeform-source=www.stormventures.com
- https://www.stormventures.com/
- https://www.stormventures.com/blog
- https://www.stormventures.com/team-members/minjoo-kim
- https://www.stormventures.com/team-members/arun-penmetsa
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026