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Nakul Mandan

Founder of Audacious Ventures

San Francisco, California

Overview 

Nakul Mandan is the Founder and Partner at Audacious Ventures, a venture capital firm based in San Francisco, California. He has successfully invested in a variety of companies across different stages, including Tezi, Vartana, People.ai, and Abstract, showcasing a strong track record of supporting startups through various funding rounds.

Work Experience 

  • Founder and Partner

    2020 - Current

Partnering with the most ambitious founders in technology and helping them achieve their most audacious goals

  • Venture Partner

    2020

  • Partner

    2014 - 2020

    Led Lightspeed's investments in: Gainsight, People.ai, Multiverse (fka Whitehat), WorkOS, Terminal and BuildingConnected amongst others.

Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets.

  • Board Member and Lead investor

    2016

People.ai is an AI platform that provides workflow-based applications to transform business activities and increase sales productivity.

Raised $200,001,000.00 from Nimesh Kampani and Ballistic Ventures.

  • Board Member and Lead Investor

    2018

  • Board Member

    2019 - 2021

Abstract is the design workflow management system that empowers design teams and stakeholders to seamlessly manage, version and collaborate.

Raised $54,171,593.00 from Version One Ventures, Lightspeed Venture Partners, Cowboy Ventures, Amplify Partners and Scale Venture Partners.

  • Board Member

    2018 - 2021

FortressIQ defines security, insights, and governance in enterprise business automation and AI.

Raised $46,000,000.00 from Lightspeed Venture Partners, M12 - Microsoft's Venture Fund, Eniac Ventures, boldstart ventures, Comcast Ventures and Tiger Global Management.

  • Board Member

    2015 - 2021

Reflektive is the first people management platform that helps managers and employees work better together. #NoBadManagers

Raised $101,600,000.00 from Lightspeed Venture Partners, Andreessen Horowitz, TPG Growth and Employee Stock Option Fund.

  • Board Observer and Investor

    2014 - 2020

  • Board Member

    2013 - 2014

Gainsight is a technology company that offers a range of software for optimizing the customer experience and improving product analytics.

Raised $156,250,000.00 from Lightspeed Venture Partners, Bain Capital Ventures, Insight Partners, Salesforce Ventures, Founders Circle Capital, Cisco Investments, Bessemer Venture Partners and Battery Ventures.

  • Board Member and Investor

    2017 - 2018

  • Investor

    2009 - 2014

Battery Ventures is a investment firm that focuses on technology.

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