Early-stage venture capital

Early at OpenAI. Early in Scale AI. Founded AI unicorn. Now backing bold AI founders.

Depth Ventures is an early-stage fund partnering with exceptional AI founders. We leverage our experience founding and scaling an AI unicorn to help teams move decisively from idea to deployment. We invest early, move with conviction, and partner closely from day one.

30+
Founders backed
Pre-Seed & Seed
First-check focus
About

A fund for AI founders with unusual depth and ambition.

We believe the most valuable companies are built by founders who combine technical depth with sharp insight into a real market shift.

Depth Ventures is built around concentrated conviction, thoughtful support, and a network that helps companies accelerate without losing focus.

Team

The partners.

Paul Jun

Paul Jun

General Partner

Paul Jun is Co-Founder and Managing Partner, investing in AI native companies. He combines operator depth with institutional investing experience, previously at Index Ventures where he backed Datadog and Built, and as CFO of Pilot (AI Accounting), where he helped scale the startup into a Series C AI unicorn.

Earlier, Paul was VP of Finance at Dropbox from Series B to IPO, has a degree from Harvard and began his career at Morgan Stanley. A technologist at heart, he started coding at 13 and is now an avid user of Codex and Claude Code.

Paul partners closely with founders on company building, especially around hyper scaling, talent, fundraising and financial strategy.

Jeff Arnold

Jeff Arnold

General Partner

Jeff Arnold is Co-Founder and General Partner at Depth Ventures, and a director at the OpenAI Foundation. He was an early team member at OpenAI, the sixth full-time employee, and has spent his career building and backing frontier technology companies.

Jeff has founded three startups, including Zulip (acquired by Dropbox) and Ksplice (acquired by Oracle), and most recently Pilot, a Sequoia-backed AI accounting company that raised over $170 million.

A computer scientist by training, Jeff holds two degrees from MIT and works closely with founders on building deeply technical, enduring companies.

Our focus

Themes we know deeply.

01

Founder First

Low-ego, high-conviction partnership for ambitious teams from first check through company building.

02

Exceptional AI Founders

Backing technical founders building category-defining AI startups.

03

Operational Depth

Offering our depth of experience founding, scaling and backing AI unicorns.

Portfolio

Companies we've partnered with include:

Scale AI
Verkada
Rippling
Datadog

Includes investments by Depth Ventures and the GPs.

View all partnerships
Founder support

How we support founders.

Early and decisive
We move quickly when conviction is high and keep the process straightforward for founders.
Company-building support
From go-to-market tactics to executive recruiting, we're ready to roll up our sleeves and lend a hand.
Built for long-term trust
We aim to be the kind of partner founders want to reach out to while building their companies.