Private Market View

What If Ventures

Venture capital · Frisco, Texas

AUM
$120.0M
Portfolio companies
41
Recorded deals
2
20 in last 12M
Last investment
Jan 2026

Key facts

  • What If Ventures is a venture capital firm based in Frisco, Texas with 41 tracked portfolio companies.
  • Notable positions include SpaceX, Figure AI, Kraken, Mercor, Grow Therapy.
  • Private Market View records 2 deal participations by What If Ventures.
  • What If Ventures’s most recent recorded investment was in Jan 2026, one of 20 in the last 12 months and 38 over two years.
  • What If Ventures has 60 funds on record, raising $51.3M across the 60 that report a size.
  • The team roster lists 1 person.

About What If Ventures

Founded in 2020, What If Ventures is a venture capital firm based in Frisco, Texas. The firm invests in startups in the artificial intelligence, aerospace & defense, energy, fintech, healthcare, and related sectors.

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  • ·The book's top 25 — of 41 recorded positions
  • ·Every recorded deal — 2 rounds
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Portfolio, priced

41 companies · by our current valuations
CompanyValuationRole
SpaceX$1.6T
Figure AI$39.0B
Kraken$10.8B
Mercor$10.0B
Grow Therapy$3.0B
Hermeus$1.0B
Umbra$868.9M
Saildrone$588.0M
Calibrate$388.6M
Galileo (Clinics/Outpatient Services)$361.5M
Firefly Health$315.0M
Neurophos$310.0M
NeuroFlow$307.0M
Paradromics$300.1M
Firehawk$290.0M
+ 26 more companies · a free account shows the top of the book

Recent deals

2 recorded
Jan 2026NeurophosLater Stage VC (Series A)$109.2M
May 2025Figure AISeries C$1.5B

Funds

6 of 60 recorded
  • What If Ventures Senseye Series A - What If SPV LLC2023$545K
  • What If Ventures Granata Bio - What If SPV LLC2023$197K
  • What If Ventures Mimio Health Seed - What If SPV LLC2023$171K
  • What If Ventures Carbon Health 2023 - What If SPV LLC2023$480K
  • What If Ventures Calibrate 2022 a series of What If SPV LLC2023$205K
  • What If Ventures Firefly Series B1 - What If SPV LLC2023$741K

$51.3M raised across the 60 funds that report a size

All 60 funds →
Team
1 people on record — 1 with verified contacts

Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.

See the team →

Frequently asked

What companies does What If Ventures invest in?
What If Ventures has 41 recorded portfolio companies, including SpaceX, Figure AI, Kraken, Mercor.
What is What If Ventures's AUM?
What If Ventures manages approximately $120.0M in assets.
Is What If Ventures actively investing?
What If Ventures's most recent recorded investment was in Jan 2026, with 20 investments in the last 12 months.