Equal Ventures
New York seed firm founded in 2019 by Richard Kerby and Rick Zullo, investing in climate, insurance, retail, and supply-chain startups that modernize legacy industries. Raised $175M for Fund II and a debut Opportunity Fund in February 2025.
Typical check size
$250K-$3M (stage-based estimate)
Founded
2019
Headquarters
116 W 23rd St, New York, NY 10011
AUM
N/A
Rounds they lead
Pre-Seed
Seed
Rounds they invest
Pre-Seed
Seed
Series A
Related investment articles
FAQs about Equal Ventures
Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.
Per our directory, Equal Ventures leads pre-seed and seed rounds and participates through Series A. The firm describes itself as a concentrated, thesis-driven seed investor that can follow winners via its Opportunity Fund.
Equal Ventures publicly cites initial seed checks of roughly $2–3M, per its February 2025 fund announcement. See /equal-ventures-check-size-2026 for stage fit and outreach notes. Later follow-ons come from the Opportunity Fund for highest-conviction portfolio companies.
Equal Ventures is headquartered in New York City (116 W 23rd St). The firm invests across the U.S. in legacy-industry verticals—geography is secondary to sector fit and founder quality.
Equal Ventures targets climate, insurance, retail, and supply chain—industries where technology can bridge operational gaps in legacy markets. Our directory tags generalist-tech; the firm's public thesis is sector-specific rather than broad horizontal software.
Equal Ventures typically leads or co-leads seed rounds with a concentrated portfolio approach. Its Opportunity Fund is designed for follow-on capital in breakout companies rather than passive syndicate participation.
No startups in our directory currently list Equal Ventures as an investor. Public portfolio names cited by the firm include Wrapbook, Ghost, David Energy, and Block Renovation.
Founders can reach the team through equal.vc. Warm intros from operators in insurance, retail, climate, or supply chain help given the firm's legacy-industry thesis; we do not list individual partner inboxes.
See our Equal Ventures $175M Fund II article (/2026-equal-ventures-175m-fund-ii) for check sizes, sector focus, and fund structure. Our NYC early-stage seed firms guide also profiles the firm.