Unless Management LP
Emerging managerSEC-registered investment adviser.
- Website
- https://www.unless.co/
- HQ
- CO
Unless Management LP is a venture firm that describes its thesis as reinventing venture capital for the New Industrial Revolution. Its team includes co-founders Trevor Zimmerman and David Mindell, a CFO, a general counsel, and partners working on Perpetual Alpha and Alpha Access. Its portfolio companies span clean energy, manufacturing software, robotics, enzyme engineering, neural interfaces, aluminum fabrication, housing, and aerospace autonomy.
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 | 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 |
|---|---|---|---|
| Unless Ventures LP Unless backs visionary companies transforming industrial systems, including manufacturing, automation, energy, supply chains, and climate. It invests with deep domain expertise and a perpetual capital structure, aiming to scale proven industrial innovations over industrially relevant timescales. Inferred from the firm's website | 2022 | $58.83M (Form D) | Late investment period |
03 · People across funds
- Aaron Marsh, CFO
Unless Ventures LP (Named on Form D)
- David Mindell, Co-Founder and lead for the Unless Collective of Experts
Unless Ventures LP (Named on Form D)
- Patricia Rogers
Unless Ventures LP (Named on Form D)
- Trevor Zimmerman, Co-Founder & Managing Partner
Unless Ventures LP (Named on Form D)
- Josh Blanchfield, Partner & CIO - Perpetual Alpha
Unless Ventures LP (Team)
- Michael Polansky, Partner - Alpha Access
Unless Ventures LP (Team)
- Peter Joers, Partner - Alpha Access
Unless Ventures LP (Team)
- Trish Rogers, General Counsel and Chief Compliance Officer
Unless Ventures 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
- https://www.unless.co/
- https://www.unless.co/companies
- https://www.unless.co/about
- https://www.unless.co/companies/panthalassa
- https://www.unless.co/companies/vecna
- https://www.unless.co/companies/sustainment
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026