TenOneTen Ventures

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Overview

TenOneTen Ventures is a Los Angeles-based venture capital firm specializing in early-stage investments, particularly seed-stage funding for technical teams reimagining industries such as retail technology, health tech, AI, and real estate tech.¹²⁴ The firm invests check sizes from $500K to $4M in pre-seed, seed, and Series A stages, drawing on founders' experience with eight venture-backed startups including AdSense (acquired by Google), Factual, and Scopely.¹⁴ It manages multiple funds, including TenOneTen Ventures IV opened in May 2023, and maintains ties to the LA tech scene through initiatives like the LA Venture podcast.¹³

History

TenOneTen Ventures was founded by experienced entrepreneurs Gil Elbaz and others who built and exited eight venture-backed startups, including AdSense acquired by Google, Factual, Shift, PeoplePC, and Scopely.¹⁴ The firm has raised multiple funds, closing TenOneTen Ventures III in March 2022 and opening TenOneTen Ventures IV in May 2023.³ It has made over 150 investments, with the last recorded in February 2025, focusing on disruptive technologies in sectors like AI, healthtech, and real estate.¹

Notable Products

Crexi - Real estate brokerage providing search tools and information on top agents.
Elroy Air - Autonomous cargo aircraft developer disrupting transportation and mobility.
Daily - Company disrupting its industry through technology (specific sector unspecified).

Reputation

TenOneTen Ventures is recognized for its operational expertise from successful founder exits and hands-on support for engineer-founders transitioning to startups.¹⁴ Professionals note its strong LA tech ecosystem involvement via the LA Venture podcast and portfolio of high-growth companies in AI and healthtech.¹ No major criticisms identified in available sources; perception centers on reliable early-stage funding and mentorship.¹²

Sources (5)