# Theory Forge Ventures

> Theory Forge Ventures is a VC fund backing Artificial Intelligence and SaaS. See 7 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Los Angeles, United States
- Total investments: 7
- Last investment: Jan 2026
- Lead investor: 43%
- Last updated: Aug 2026
- Website: https://www.theoryforge.vc

Theory Forge Ventures is an operator-led AI pre-seed/seed fund investing in ambitious founders who are changing the world with AI. It is founded by longtime AI entrepreneurs Ben Parr (Octane AI; ex-Mashable/CNET; Sama) and Matt Schlicht (Octane AI; Ustream; YC alum). Theory Forge has invested in over 20 companies since its inception in2024.

## Contacts

5 contacts available for Theory Forge Ventures. Shizune tracks 2 team members at Theory Forge Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/theory-forge-ventures?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 2 | 29% |
| SaaS | 1 | 14% |
| Software | 1 | 14% |
| E-Commerce | 1 | 14% |
| Health Care | 1 | 14% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 43% |
| Pre-Seed | 2 | 29% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 57% |
| Canada | 1 | 14% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ben Parr | Founder & Managing Partner | 0 | https://shizune.co/investors/profile/ben-parr-c0f5 |
| Matt Schlicht | Founder & Managing Partner | 5 | https://shizune.co/investors/profile/matt-schlicht |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Case Health AI | Case Health AI delivers integrated AI agents embedded within health plan systems that automate core operational workflows across clinical and financial functions. The platform works in the background to drive consistent decisions, improve accuracy, and reduce administrative effort while maintaining transparency and compliance. Health plans use CaseHealth AI to scale operations with control and confidence.Utilization Automatically reviews prior authorization requests by applying plan-specific clinical criteria and benefit rules to approve routine cases, flag exceptions, or request missing documentation using voice agents. Quality Identifies missed HEDIS and Star measures by analyzing claims and clinical data, then flags care gaps before reporting deadlines to improve quality scores.Payment Integrity Detects claims billed outside of approved authorizations or with incorrect coding, preventing improper payments and enabling targeted recovery. |  | Seed | Jan 15, 2026 |  |
| Consio | The phone sales platform for commerce. Consio enables merchants to close more sales and engage with their customers profitably on the phone. | $770K | Pre-Seed | Nov 25, 2024 |  |
| Consio | The phone sales platform for commerce. Consio enables merchants to close more sales and engage with their customers profitably on the phone. | $770K | Pre-Seed | Nov 25, 2024 |  |
| Sauna by Wordware | Wordware allows users to create and host their entire LLM stack for AI application development. It offers tools for building, training, and deploying language models. The platform simplifies the integration of various components necessary for AI solutions. Users can manage their applications and data within a unified environment. | $30M | Seed | Nov 21, 2024 |  |
| Sauna by Wordware | Wordware allows users to create and host their entire LLM stack for AI application development. It offers tools for building, training, and deploying language models. The platform simplifies the integration of various components necessary for AI solutions. Users can manage their applications and data within a unified environment. | $30M | Seed | Nov 21, 2024 |  |
| Gumloop | Gumloop is a no-code platform to build and host AI-powered business automations. | $3.1M | Seed | Jul 23, 2024 |  |
| Payman AI, Inc | Payman gives your AI Agents the ability to have access to capital so that they can pay humans for their expertise in completing specialized tasks they need done. | $3M | Pre-Seed | May 01, 2024 |  |

7 of 7 investments shown.

## Co-investors
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund, 4 deals together
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 3 deals together
- [20SALES](https://shizune.co/investors/profile/20sales) — VC Fund, 2 deals together
- [Black Pearls VC](https://shizune.co/investors/profile/black-pearls) — VC Fund, 2 deals together
- [Day One Ventures](https://shizune.co/investors/profile/day-one-ventures) — VC Fund, 2 deals together
- [Felicis](https://shizune.co/investors/profile/felicis-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Theory Forge Ventures invest in?

Theory Forge Ventures invests primarily in Artificial Intelligence, SaaS and Software startups, most often at Seed and Pre-Seed stage. Most of the 7 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Theory Forge Ventures?

Public channels for Theory Forge Ventures include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Theory Forge Ventures?

The team at Theory Forge Ventures includes Ben Parr (Founder & Managing Partner) and Matt Schlicht (Founder & Managing Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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