Vertex Ventures

SEC exempt reporting adviser (venture capital exemption).

Website: HTTPS://WWW.VVUS.COM
HQ: CA

Vertex Ventures US partners with and invests in early-stage founders building infrastructure and SaaS companies. Its portfolio includes Cleric, which is reinventing SRE with AI, Swarm Biotactics, Northflank, and SPRX Tax, which uses AI to automate the R&D tax credit application process. General partners listed are In Sik Rhee and Jonathan Heiliger.

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	Seed, Series A	Not enough dated deals
Sectors	Enterprise SaaS	Not enough dated deals
Regions	US	Not enough dated deals

Says: what the firm's funds state. Does: from 1 dated deal in the last 24 months.

02 · Fund history

Fund	Year	Size	Status
Vertex Ventures Collaborators Fund III, L.P.	2021	$22.77M to $30M (Form D)	Follow-ons only
Vertex Ventures US Fund III, L.P.	2021	$170.1M to $200M (Form D)	Late investment period

03 · People across funds

In Sik Rhee, Managing Director of the General Partner of the Issuer
Vertex Ventures Collaborators Fund III, L.P. (Named on Form D); Vertex Ventures US Fund III, L.P. (Named on Form D)
Jonathan Heiliger, Managing Director of the General Partner of the Issuer
Vertex Ventures Collaborators Fund III, L.P. (Named on Form D); Vertex Ventures US Fund III, L.P. (Named on Form D)
Sandeep Bhadra, Managing Director of the General Partner of the Issuer
Vertex Ventures Collaborators Fund III, L.P. (Named on Form D); Vertex Ventures US Fund III, L.P. (Named on Form D)

04 · Recent deals

Dec 9, 2025ClericSeedVertex Ventures US Fund III, L.P.source

05 · Latest from the firm

InvestmentReinventing SRE with AI: Our Investment in ClericDec 9, 2025

06 · Sources

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 25, 2026