# Untapped Ventures

> Untapped Ventures is a Los Angeles early-stage venture firm investing $500,000 to $2 million in pre-seed and seed companies that use AI and robotics to execute work end to end. Founded by former enterprise-software operator George Bandarian, the firm pairs a $27 million Fund I and a 35-company portfolio with a network of roughly 100 limited partners, many of them enterprise CEOs who can help founders test, sell, and refine their products.

- **Founded:** 2020
- **Headquarters:** Los Angeles, United States
- **Founders:** George Bandarian (Founder and General Partner)
- **Team size:** Public sources conflict: LinkedIn lists 2-10 employees, while supplied company data lists 29 employees.
- **Products:** Pre-seed and seed investment, Strategic founder sprints, Enterprise CEO LP network, Agentic podcast and research
- **Notable:** Closed a $27 million Fund I., Built a portfolio of 35 companies by year-end 2025., Reported six new investments and 13 follow-on investments during 2025.

## Products & services

- **Pre-seed and seed investment** — Initial checks of $500,000 to $2 million for AI-native and Autonomous Economy startups, with capacity for follow-on investing.
- **Strategic founder sprints** — Hands-on help with category definition, narrative, go-to-market, fundraising, distribution and company building.
- **Enterprise CEO LP network** — A community of roughly 100 limited partners who can assist with sourcing, diligence, advice, introductions and prospective customer validation.
- **Agentic podcast and research** — Public interviews, market theses, requests for startups and research on agentic systems, robotics and enabling infrastructure.

## Achievements

- Closed a $27 million Fund I.
- Built a portfolio of 35 companies by year-end 2025.
- Reported six new investments and 13 follow-on investments during 2025.
- Built a community of 99 LPs by year-end 2025, later marketed as 100+ enterprise CEO LPs.
- Portfolio company You.com closed a Series C in 2025.
- Portfolio company Lemurian Labs raised a Series A in 2025.
- Portfolio company Extropic released a thermodynamic-computing chip in 2025.
- Hosted founder and investor gatherings across Los Angeles and San Francisco, including events for more than 150 people during 2025 tech weeks.

## Latest updates

- **2026-06** — Published its Q2 2026 State of AI report and sharpened its thesis around the Autonomous Economy and autonomy control infrastructure.
- **2026-05** — Published a comprehensive Autonomous Economy thesis after a one-month investment moratorium devoted to research.
- **2026-04** — Announced an investment thesis around Harper, an AI-native commercial insurance brokerage.
- **2026-03** — Recapped its 2026 annual general meeting in Los Angeles, including discussions of agentic systems, compute, robotics and longevity.
- **2026-01** — Reported Fund I at $27 million, 35 portfolio companies and 99 LPs in its 2025 year-in-review.

## Links

- Website: https://www.untapped.ventures/
- LinkedIn: https://www.linkedin.com/company/untappedventures/
- Twitter/X: https://x.com/untappedvcLA
- YouTube: https://www.youtube.com/channel/UCZlPZ4rewUypx03yJKB1PYA
- Instagram: https://www.instagram.com/untappedventures/
- Facebook: https://www.facebook.com/UntappedVentures

---

Profile page: https://yespress.io/untapped-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-08-17