SF

Spencer Foust

Managing Director at Sozo Ventures

San Francisco, California

Overview 

Spencer Foust is the Managing Director at Sozo Ventures and a Kauffman Fellow with a Master of Science in Management Science and Engineering from Stanford University. His career highlights include leading investments in companies like SmartHop and Kargo, demonstrating expertise in venture capital and global business development. Currently, Spencer Foust plays a key role in managing investments at Sozo Ventures, focusing on sectors like cybersecurity and consumer internet, while also serving on boards and advising startups, showcasing his leadership and strategic acumen in the industry.

Work Experience 

  • Investor

    2024 - Current

Ema uses AI-powered agents to automate tasks in HR, customer support, and data management, making enterprise workflows more efficient.

Raised $61,000,000.00 from Accel, Hitachi Ventures, Frontier Ventures, Microsoft for Startups, Sozo Ventures, Colle Capital Partners, Wipro Ventures, Prosus Ventures, S32 and SCB 10X.

  • Investor

    2024

Molten Industries develops clean technology with the goal of decarbonizing the hydrogen market.

Raised $27,000,000.00 from Steelhead Capital Management, Moai Capital, Breakthrough Energy Ventures, J4.Ventures, Jane Woodward, Fifty Years, Mark Heising, Peter Attia, Union Square Ventures and UVC Partners.

  • Managing Director

    2021

  • Partner

    2016 - 2021

    SaaS, Logistics, Fintech, Crypto across all stages

  • Kauffman Fellow

    2023

    Class 28

Co-investment VC firm supporting the mission of the Kauffman Fellows

  • Angel / LP / Advisor

    2019

    - Dash Fund (LP) - Comma Capital & Collective (LP) - Harmonic.ai (preseed advisor) - Ecosapiens (seed) - Lendtable (seed) - OnDeck (seed) - Purpose Card (preseed) - The Network - Series Financial - Several others

  • Investor

    2023

    Series B

Workera is an enterprise skill assessment and upskilling platform for data science, machine learning, and artificial intelligence.

Raised $44,500,000.00 from Owl Ventures, Sozo Ventures, Jump Capital, New Enterprise Associates and AI Fund.

  • Investor

    2022

    Series A

SaaS Database monitoring for all your databases wherever they reside.

  • Board Observer

    2022

    Series B

Vendr is aSaaS buying and management platform that helps companies find, buy, and manage their stack, money-back guaranteed.

Raised $216,000,000.00 from Y Combinator, Sound Ventures, Sozo Ventures, Craft Ventures, Tiger Global Management, F-Prime Capital and SoftBank Vision Fund.

  • Investor

    2022

Stord is the leading e-commerce enablement platform that powers seamless checkout and delivery experiences for brands across all channels.

Raised $325,039,990.00 from Lux Capital, Sozo Ventures, Founders Fund, 137 Ventures, Franklin Templeton, Salesforce Ventures, Dynamo, Susa Ventures, Strike Capital and Kleiner Perkins.

  • Board Member

    2022

    Led Seed

Articles About Spencer

Relevant Websites