Section 32 is a California-based venture fund investing in technology, biotechnology, healthcare, and life sciences companies. Founded by Google Ventures founder Bill Maris, the firm manages approximately $1 billion in assets. Section 32 typically participates in Series A and B rounds, with occasional investments in later stages and seed rounds.
Notable portfolio companies include Coinbase, Freenome, and Thrive Earlier Detection. The firm's leadership team includes Managing Partners Michael Pellini, Steve Kafka, and Andy Harrison, bringing expertise in healthcare and technology. Section 32 leverages its team's experience to provide strategic guidance and support to its portfolio companies, focusing on innovative solutions in high-growth sectors.
Section 32 - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments92
Current Portfolio Count62
Total Portfolio Exits1
Top Investment Stages
Series B27 (33.8%)
Series A26 (32.5%)
Series D11 (13.8%)
Series C9 (11.3%)
Seed7 (8.8%)
Stage Mix
Series B 34%Series A 33%Series D 14%Series C 11%Seed 9%
Concentration shown as share of disclosed investments by stage.
Section 32 - Classification
- Also Known As
- Section 32, LLC
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6700Holding And Other Investment Offices
- 6790Miscellaneous Investing
- 6799Investors, Not Elsewhere Classified
Show 6 more industry codes
- NAICS
- 525000Funds, Trusts, and Other Financial Vehicles
- 523910Miscellaneous Intermediation
- 523940Portfolio Management and Investment Advice
- SIC
- 6000Depository Institutions
- 6720Investment Offices
- 6722Management Investment Offices, Open-end