Forerunner Ventures invests in companies being built at the intersection of people and artificial intelligence. The firm has backed AI companies since the category's earliest formation — in health, personal finance, shopping, productivity, and services.
AI has fundamentally rewritten how value is created. It reorganizes industries, erases assumptions, and opens every category to reinvention. The infrastructure being built today will shape how humans experience health, money, work, learning, and connection for decades. The applications being built on top of it will be how people feel that change daily. Both matter. Both are where Forerunner invests.
Forerunner is not looking for companies optimized for a moment. It is looking for companies with the ambition and the foundation to define a category, expand their reach over time, and matter decades from now. Enduring is the standard.
Forerunner's AI Lens organizes the category across three dimensions:
— AI as Agent: products that act on a person's behalf
— AI as Infrastructure: the enabling layer for next-generation consumer experiences
— AI as Intelligence Layer: products that make people meaningfully smarter about their own lives