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Schema Ventures is Officially Launched with $20 Mn Funds
Schema Ventures is officially launched by Aarthi Ramamurthy, with amazing funds of $20 million. She announced this update in a post shared on X.
Summary:
1. Aarthi Ramamurthy has launched Schema Ventures, a $20 million startup fund that will focus on early-stage startups in industries such as industrial software, robotics, manufacturing, construction, logistics, workflow intelligence, and developer tools.
2. Schema Ventures, based in San Francisco, invests in technology firms focused on supply chain, manufacturing, and software infrastructure.
3. Ramamurthy has also co-founded True & Co, a lingerie e-commerce startup, and worked as an entrepreneur-in-residence at Battery Ventures.
According to her LinkedIn and X posts, the fund would help early-stage startups launched by “exceptional outsider founders.” Ramamurthy has previously founded two businesses herself.
Schema Ventures will concentrate on the early phases of firms in industries such as industrial software, robotics, and intelligence for manufacturing, construction, and logistics, workflow intelligence, and developer tools.
Ramamurthy, who has managed product and engineering teams at Microsoft, Netflix, and Meta, says on this latest startup news that the fund intends to support founders who build on lived experience rather than “pedigree or proximity.”
In 2020, she started a Clubhouse program with her husband, Sriram Krishnan, a former Andreessen Horowitz general partner and current White House senior AI policy advisor. The Good Time Show featured real talks about startups, venture finance, and cryptocurrency, with high-profile guests including Elon Musk and Mark Zuckerberg.
The show then moved to YouTube and evolved into The Aarthi and Sriram Show, which signed a podcast partnership with iHeartMedia and had over one million downloads by early 2023.
What are Schema Ventures?
Schematic Ventures is an early-stage startup fund based in San Francisco. They invest in technology firms focused on supply chain, manufacturing, and software infrastructure.
Also, they have a proven track record of helping entrepreneurs and expanding the industrial technology community.
Schematic offers several services to their clients such as providing relevant support, adapting each engagement to the founding team’s goals and preferences.
Below are the areas they frequently work with:
- Hiring and Talent Evaluation
- Sales and customer introductions.
- Service provider recommendations and partnership discounts
- Fundraising and investor introductions.
According to the latest startup news, Schematic organizes the premier supply chain and manufacturing technology event series in San Francisco, reSupply and reForge.
These events are intended to bring together the SF community of entrepreneurs, operators, and investors interested in industrial technology through expert panels, startup showcases, and ample networking opportunities.
Ramamurthy was recruited by S. Somasegar to Microsoft and relocated to the company’s Seattle headquarters in 2007. She managed a portion of the Xbox Live staff. She later worked for Netflix, where she developed the consumer SDK.
She also worked as a software engineer at Facebook, where she was Director of Product, leading creator monetization tools such as Facebook Stars, subscription and tipping products, and later directing Facebook Groups and community governance products.
Ramamurthy co-founded True & Co, a lingerie e-commerce startup, in 2012. The company’s “big data” approach to bra fitting is based on an interactive questionnaire.
She later worked as an entrepreneur-in-residence at Battery Ventures.
Similarly, Mythik recently received $15 million in venture funding for a new company formed by Snapdeal Executive Jason Kothari.
Sakal Media Group, BITKRAFT, VC Grid, Visceral Capital, Jason Kothari, Shah Rukh Khan’s family office, Patni family office, Saif Saeed Ghobash, Jayanti Kannai, Pravin Jain, Marc Younan, Deepen Parikh, Samir Vora, Samarth Parekh, Anurag Goel, Nishant Aggarwal, and others have all contributed to the funding round.
Mythik’s goal is to bring Eastern mythology, history, and folktales to the worldwide entertainment market, dubbed “Disney from the East.”
