NOMO Ventures

NOMO Ventures is a pre-seed venture capital firm founded in 2013 and based in San Francisco, run by partners Rahul Prakash and Kate. The firm backs founders at inception, often before institutional seed rounds, guided by its philosophy of "conviction before consensus." The firm prioritizes "the who over the what," emphasizing founder quality and execution ability over the initial idea itself. It maintains board-level relationships with portfolio companies through later funding rounds, IPOs, and acquisitions. NOMO focuses on companies with direct monetization models, spanning fintech, enterprise software, and commerce enablement. With over $100M in AUM, its roughly 40–54 investments include Expensify (NASDAQ: EXFY), Nest, MeUndies, Simulate, Better Mortgage, Pry, and Ponto, with two unicorn outcomes to date. Typical check sizes run roughly $500K–$750K at initial investment. Their investment criteria favor founders with strong conviction and a clear path to real revenue, and their approach is highly concentrated and hands-on, staying closely involved with a small number of companies over the long term.