Nakul Mandan

Founder and Partner, Audacious Ventures

📍 San Francisco Bay Area, United States🔄 Updated September 2026💼 10 investments📅 17 years investing🗓 Last invested Feb 2019𝕏 @upgrade_to_unlock
VC🌍 United States
10
Total investments
4
Early stage
4
Mid stage
0
Late stage
17y
Years active

Portfolio

9 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Feb 2019
Abstract started from a question. Specifically, "Why don't designers have proper version control?" And so our first product was born: a tool to manage, version, and document design files in one place. Since our 2017 launch, Abstract has been the leading platform for file-based design collaboration, helping more than 7,000 companies improve workflows including Wayfair, Cisco, Docusign, Microsoft, and Zendesk. Today, we build products to support the huge portion of a designer’s job that isn’t drawing, kerning, or prototyping. Because design teams deserve their own space to collaborate. Abstract is that place for tracking tasks, reviewing designs, and measuring what works. We call it design intelligence.
Board Member and Lead Investor
Sep 2018
FortressIQ is the creator of a cognitive automation platform that powers and accelerates digital transformation through imitation learning. Using an innovative type of AI that combines computer vision, natural language and sequence modeling, FortressIQ learns how a business functions through live activity analysis. By radically lowering the cost, effort and time required to document business processes, enterprise organizations can use FortressIQ’s platform to quickly gain the insights necessary to improve business operations and implement automation. The FortressIQ platform automatically discovers, maps, and documents all the digital processes executed by an organization’s workforce. From web-based apps, to legacy systems, virtual desktops & green screens, we eliminate the need for APIs and access to event logs, requiring no configuration and zero integration, delivering a time to value in weeks. With AI-driven technology, the discovery method generates process documentation automatically, allowing customers to map processes in record time, and transparently providing the most holistic view of their current state digital operations. Founded in 2017, FortressIQ is backed by Lightspeed Venture Partners, Boldstart Ventures, Comcast Ventures and Eniac Ventures. Learn more about FortressIQ: Website: https://www.fortressiq.com/​ Blog: https://www.fortressiq.com/blog/​ Twitter: https://twitter.com/fortressiq YouTube: http://bit.ly/2Z12Eu8 Listen to our hello, Human Podcast Series: https://www.fortressiq.com/hello-human/​
Board Member and Lead Investor
Aug 2018
Multiverse is the upskilling platform for AI and tech adoption. We’ve built a new model for transforming today’s workforce by combining expert human coaching with AI. Our learning drives real business impact and helps organisations close critical skills gaps - especially in data, AI and all things tech. We’ve already partnered with over 1,500 global organisations to transform their workforce through tech skills. Trusted by Microsoft, Mars, John Lewis Partnership and many more to upskill their team and unlock people’s potential and output. In 2022, we raised our $220m Series D funding - one of the largest venture rounds in EdTech history. We’re proud to be backed by some of the world’s biggest investors, including General Catalyst, Lightspeed Venture Partners and StepStone Group. We deliver a new kind of learning that boosts productivity and prepares talent for jobs of the future. We’re building a world where tech skills unlock people’s potential and output. And in doing so, providing equal access to economic opportunity - for everyone.
Board Member and Investor
Aug 2017
BuildingConnected is the leading pre-construction platform enabling real estate owners and general contractors to hire qualified contractors for their projects. BuildingConnected’s mission is to connect every business in the $10 trillion construction industry and to strengthen the lives, jobs, and relationships of millions of hardworking construction professionals worldwide. BuildingConnected’s platform is used and loved by over 2,500 general contractors and owners, and more than $100 billion in new construction is enabled through the BuildingConnected platform every month. From the new Golden State Warriors stadium to local schools and hospitals, BuildingConnected’s tools are helping cities grow and bringing communities together. Follow us! https://www.twitter.com/bldgconnected https://www.facebook.com/BuildingConnected https://instagram.com/BuildingConnected
mid stageConstruction
Board Member and Lead investor
2016
People.ai is the leading AI data platform for go-to-market teams, powering trillions in pipeline and revenue for the world’s top enterprises. Started in 2016 by Oleg Rogynskyy to empower sales teams with the best tools, People.ai was built on one mission: give revenue leaders more than raw data—give them the answers they need to take action. Today, People.ai processes billions of signals from emails, meetings, and messages, then enriches that data to surface the most useful next steps. The result: activity becomes actions that move deals forward. Companies like Verizon, IBM, Red Hat, Cisco, Zoom, and Palo Alto Networks rely on People.ai to automate account planning, deal reviews, enablement, and forecasting—so their teams can stay focused on winning. People.ai in numbers: → Trillions of dollars in pipeline and revenue powered → Billions of sales signals processed → 70+ patents issued and 50+ more under review Visit our Jobs section if you want to work for us!
Board Member and Lead Investor
2015
Reflektive is a performance management company built for top performers and growing businesses. With Reflektive, you can scale constructive, ongoing conversations that keep your people and your business continuously improving. More than 500 forward-thinking customers — including AAR, Allbirds, Dropbox, FabFitFun, PagerDuty, and Protective Life Insurance — trust Reflektive to modernize people and performance management. Reflektive is now part of Part of PeopleFluent and LTG.
Board Observer and Investor
2014
At Gainsight, our mission is to be living proof you can win in business while being human first. Our industry-leading platform helps companies of all sizes and industries achieve durable growth through four industry-leading products — Gainsight CS, PX, DH, and Customer Education. With Gainsight, it’s never been easier for customer success, product, and community engagement teams to scale efficiently, create alignment, and have a holistic view of their customers—all of which help increase product adoption, prevent churn, and grow customer communities. Our software is used by hundreds of companies, including nearly 200 publicly traded organizations and industry leaders such as GE Digital, SAP Concur, and Box. Gainsight joined the Vista Equity Partners portfolio in 2020. In 2021, we won their Excellence in Engineering award in recognition for our product and engineering advancements. A remote-friendly company, we have offices in the US, UK, Netherlands, Israel, and India. Gainsight received the top spot in Glassdoors Best Places to Work for 2023. It has also been named as one of the top 100 private cloud companies in the world by Forbes, one of the fastest-growing private companies in America by Inc. Magazine, and one of 20 Great Workplaces in Tech by Fortune Magazine.
Board Member
Sep 2013
This account has moved. For updates on how we imagine and create the future of payments, follow @Worldline and @WorldlineMerchantServices
Board Member
Feb 2013
At Gainsight, our mission is to be living proof you can win in business while being human first. Our industry-leading platform helps companies of all sizes and industries achieve durable growth through four industry-leading products — Gainsight CS, PX, DH, and Customer Education. With Gainsight, it’s never been easier for customer success, product, and community engagement teams to scale efficiently, create alignment, and have a holistic view of their customers—all of which help increase product adoption, prevent churn, and grow customer communities. Our software is used by hundreds of companies, including nearly 200 publicly traded organizations and industry leaders such as GE Digital, SAP Concur, and Box. Gainsight joined the Vista Equity Partners portfolio in 2020. In 2021, we won their Excellence in Engineering award in recognition for our product and engineering advancements. A remote-friendly company, we have offices in the US, UK, Netherlands, Israel, and India. Gainsight received the top spot in Glassdoors Best Places to Work for 2023. It has also been named as one of the top 100 private cloud companies in the world by Forbes, one of the fastest-growing private companies in America by Inc. Magazine, and one of 20 Great Workplaces in Tech by Fortune Magazine.
Experience · 15 entries
All (15)
Investments (10)
Founder (3)
Board (9)
2020
Audacious Ventures
Founder
Aug 2020
Venture Partner
May 2020
Lightspeed is a global, multi-stage, venture capital firm managing over $40B in assets. Since its founding in 2000, Lightspeed has been the first investor and an early backer of some of the most innovative companies in the world including Abridge, Anthropic, Castelion, Glean, Mistral, Navan, Netskope, Rubrik, Snap, Wiz, and more. Learn more at lsvp.com. The content herein does not constitute an offer to sell or a solicitation of an offer to buy any securities or investment advisory services. Certain information contained herein is based on information from various sources prepared by third parties. While such sources are believed by Lightspeed to be reliable, neither Lightspeed nor its affiliates assume any responsibility for the accuracy or completeness of such information, and such information has not been independently verified by Lightspeed. Unless otherwise indicated, the inclusion of any third-party firm and/or company names, brands and/or logos are for representational purposes and does not imply any affiliation with these firms or companies and also does not imply their endorsement to the views expressed by the authors. For additional disclosures, please see https://lsvp.com/legal/
Founder and Partner
May 2020
Partnering with the most ambitious founders in technology and helping them achieve their most audacious goals
Audacious Ventures
Founder
May 2020
2019
Board Member
Feb 2019
Abstract started from a question. Specifically, "Why don't designers have proper version control?" And so our first product was born: a tool to manage, version, and document design files in one place. Since our 2017 launch, Abstract has been the leading platform for file-based design collaboration, helping more than 7,000 companies improve workflows including Wayfair, Cisco, Docusign, Microsoft, and Zendesk. Today, we build products to support the huge portion of a designer’s job that isn’t drawing, kerning, or prototyping. Because design teams deserve their own space to collaborate. Abstract is that place for tracking tasks, reviewing designs, and measuring what works. We call it design intelligence.
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Investment activity
2009–2019 · 10 investments
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