Investors / Underdog Labs
Underdog Labs
Venture capital
Underdog Labs is an early stage fund that invests in belief-driven founders, typically in rounds of $1M or less and often pre-product or pre-monetization. It focuses on areas where it understands the distribution channels, such as B2B software and consumer.
Invests inHealthcare & Biotech
In its own wordsb2b softwareconsumerpre-seedearly stage
Your fit with Underdog Labs
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsUnderdog Labs lists 4 checked portfolio companies on its own site and is named in 4 funding rounds. Its most frequent entry is Seed, 75% of the companies with a known first round. Its largest themes are Healthcare & Biotech (29%), AI & Machine Learning (14%) and Enterprise Software (14%). 75% of its companies are based in United States. It invests most often alongside New Stack Ventures, ATX Venture Partners and Acumen America.
Counts come from funding rounds that name Underdog Labs, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Entry stage
share of companies by the stage of its first roundShow as a table
| Value | |
|---|---|
| Pre-seed | 0% |
| Seed | 75% |
| Series A | 25% |
| Series B | 0% |
| Growth | 0% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 0 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 1 | 0 |
| '25 | 0 | 0 |
| '26 | 3 | 0 |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| New Stack Ventures | 2 |
| ATX Venture Partners | 1 |
| Acumen America | 1 |
| AltaIR Capital | 1 |
| Chamaeleon | 1 |
| Everywhere Ventures | 1 |
| Flare Capital Partners | 1 |
| Fortino Capital | 1 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers4100%
- No longer answers00%
- Points to another company00%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| Healthcare & Biotech | 29% | 15% |
| AI & Machine Learning | 14% | 18% |
| Enterprise Software | 14% | 8% |
| Education | 14% | 7% |
| Fintech | 14% | 12% |
| Space & Defense | 14% | 3% |
Co-investor network
who it backs companies with, and who they back togetherAll co-investors or Compare portfolios with New Stack Ventures
Compare Underdog Labs head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Recent portfolio activity
when companies last raised with Underdog Labs| Date | Company | Stage |
|---|---|---|
| 9 Jun 2026 | Seed | |
| 12 May 2026 | Seed | |
| 15 Apr 2026 | Series A | |
| 29 May 2024 | Seed |
Round details for Underdog Labs
Amounts, full round histories and every co-investor in Underdog Labs' rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
4 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| The company provides an AI project manager for enterprise transformation. | AI & Machine LearningEnterprise Software | May 2026Seed | Funding round | |
| Campground provides a platform for organizations to manage their program data, workflows, and outcomes in one place | EducationHealthcare & Biotech | Jun 2026Seed | Funding round | |
| Keebler Health processes patient records and provides risk insights to clinicians using AI-driven clinical analysis | Healthcare & Biotech | Apr 2026Series A | Funding round | |
| Light Frame delivers core banking and portfolio management technology for private banks and wealth managers | FintechSpace & Defense | May 2024Seed | Funding round |
About this data
site last read 5 Nov 2026- Site
- underdoglabs.io
- Last read
- 5 Nov 2026
- Watching since
- 5 Nov 2026
- Rounds since
- 29 May 2024
- Companies checked
- 4
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
Get Underdog Labs' profile as data
Pull Underdog Labs' portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.
Work email, sign-in link by email. Already have an account? Log in- Ask AI5 plain-English investor searches a day
- Full listsEvery portfolio row and two-firm overlap
- API and MCP100 REST or MCP calls a month, one key
- AlertsFollow 5 investors for portfolio and fund changes
$ curl -H "X-API-Key: YOUR_KEY" \
https://api.vcinfo.io/v1/firms/underdoglabs.io
# also
GET /v1/firms/underdoglabs.io/portfolio
GET /v1/firms/underdoglabs.io/coinvestors
GET /v1/firms/underdoglabs.io/news