Pivotal Ventures Portfolio Partners Reach Funding Milestones With a Focus on AI

Spotlight on AI Innovation

A key area of focus for Pivotal Ventures is artificial intelligence (AI), with the company actively investing in businesses harnessing AI to make essential services from healthcare to fintech more efficient and accessible.

In a recent article, Pivotal Ventures asked five industry leaders to identify the 2025 trends in venture capital. At the top of the list: AI. Women entrepreneurs are applying AI in traditionally male-dominated industries, ensuring that these essential advancements benefit everyone.

Pivotal Ventures Portfolio Milestones

Here’s a closer look at the most recent fund closes and announcements in 2025.

Little Otter

In February, Little Otter, which is developing AI-powered family mental health services, announced that they raised $9.5 million. Little Otter provides all levels of care from mild to severe, treating both young patients and their families. This holistic approach, leveraging AI-powered assessments, is making high-quality mental healthcare more accessible across the United States.

Millie

As women’s health continues to gain momentum in the venture capital industry, Millie’s February announcement of a $12 million Series A funding round underscores the opportunity for innovation in maternal healthcare. This funding enables Millie to expand its AI-enabled technology platform to deliver more patient-centered care.

Ulu Ventures

Ulu Ventures focuses on investing in enterprise and fintech, including many AI-focused startups. In February, they announced a $208 million Fund IV. As the largest Latina-led fund in the U.S., Ulu announced that it has 10 unicorns in its portfolio of high-growth and market-leading information technology and internet companies.

Growth Warrior Capital

Committed to backing “dangerous founders” who are “great at doing more with less,” Growth Warrior Capital closed its first fund of $26 million in February. Growth Warrior’s focus is start-ups building AI features for a wide range of industries, from insurance and mining to plumbing and recycling.

Cherryrock Capital

In March, founder and managing director Stacy Brown Philpot announced that Cherryrock Capital raised $172 million in Fund I. The fund, created to “change the face of wealth creation,” focuses on high-growth companies across five areas: digital health, enterprise SaaS, fintech, future of work, and B2B2C.

Monarch Collective

Just in time for March Madness, Monarch Collective, a fund with the largest pool of capital exclusively dedicated to women’s sports investment, announced it had expanded its fund by $100 million, to $250 million.

Construct Capital

On the last day of Q1, Construct Capital announced it raised $300 million for its third fund. Using an AI-first strategy, Construct is focused on “rebuilding foundational industries” like manufacturing and energy that are the “backbone of GDP” but have been starved for innovative approaches.