Abdul Ly

Partner at Initialized Capital

📍 San Francisco, California, United States🔄 Updated September 2026💼 7 investments📅 10 years investing🗓 Last invested Nov 2025
VC🌍 United StatesInvested this year
7
Total investments
2
Early stage
0
Mid stage
0
Late stage
10y
Years active

Portfolio

6 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Seed Investor
Nov 2025
Helping earthworks contractors to make their vibratory compactors self-driving.
Seed Investor
2025
Seamflow is the operating system for TIC organizations.
Seed Investor
2024
Pax is the next-generation duty drawback solution. Founded by former experts, researchers, and engineers from Charter Brokerage, MIT, Google, Amazon, and Flexport, we combine deep industry expertise with cutting-edge technology to streamline duty refunds and maximize savings for businesses.
Seed Investor
2024
Caliza is building the infrastructure to power stable finance for everyone. We are a global team with a global product and a global mission. Our API allows companies around the world to open digital dollar accounts for their users to save and transact. Caliza is backed by top-tier VCs including Initialized, New Form, Better Tomorrow Ventures, Abstract Ventures, Valor Capital, Quona Capital, as well as the founders of Rappi, Remesa Online, Azimo, Anchorage, Compound, Portal Labs, and many more.
Seed Investor
2022
PermitFlow is the nations leading permit application and management platform. We help builders across the country to simplify and speed up the process of obtaining construction permits.
Seed Investor
2020
Vesta is the next generation mortgage LOS, helping financial institutions transform their lending process with customizable workflows, open architecture, and intuitive, easy-to-use experiences. Vesta was founded in 2020 by early Blend employees and is backed by Andreessen Horowitz, Zigg Capital, Bain Capital Ventures, Conversion Capital and Index Ventures. Interested in joining us to change the future of the mortgage industry? We’re a remote-first team hiring across multiple functions. Check out our open roles here: vesta.com/careers
Experience · 10 entries
All (10)
Investments (7)
2025
Seed Investor
Nov 2025
Helping earthworks contractors to make their vibratory compactors self-driving.
Seed Investor
2025
Seamflow is the operating system for TIC organizations.
2024
Seed Investor
2024
Pax is the next-generation duty drawback solution. Founded by former experts, researchers, and engineers from Charter Brokerage, MIT, Google, Amazon, and Flexport, we combine deep industry expertise with cutting-edge technology to streamline duty refunds and maximize savings for businesses.
Seed Investor
2024
Caliza is building the infrastructure to power stable finance for everyone. We are a global team with a global product and a global mission. Our API allows companies around the world to open digital dollar accounts for their users to save and transact. Caliza is backed by top-tier VCs including Initialized, New Form, Better Tomorrow Ventures, Abstract Ventures, Valor Capital, Quona Capital, as well as the founders of Rappi, Remesa Online, Azimo, Anchorage, Compound, Portal Labs, and many more.
Partner
2024
We set the standard in seed stage venture capital, backing founders with grit, audacity, and a spark of rebellion. We test for obsession and intellectual honesty and make it clear we mirror that mentality. Were excited by what could be, resilient in the face of challenge, ambitious, empathetic, and collaborative. Our team is built for what you need now, guiding you and helping develop your skills in every facet of your business, but most crucially, what you need at seed: building your company and team, refining your story, reaching product market fit, and raising your next round. Initialized invests across all sectors and is an early backer of companies like Coinbase, Instacart, Rippling, Flexport, and Flock Safety. With $3B+ in assets under management, our portfolio includes 175+ companies worth close to $200B in company valuations, with 25+ valued at $1B or more.
Show all 10 entries ↓
Investment activity
2016–2025 · 7 investments
2016120201202212024220252
Recent (last 2 years)Earlier