Conviction — Portfolio, Funds & Investment Activity

Strategy

Stages

SeedSeries A

Sectors

Geographies

USASan Francisco, CA

Check size

$1M-$10M

Funds

Fund	Vintage	Size	Strategy	Stage	Status
Conviction Fund I	2022	$100M	—	—	closed As of 2022Value Add VC funds tracker

Portfolio

1 total

Baseten

Co-Investors

Altimeter Capital · 1 shared Battery Ventures · 1 shared Greylock Partners · 1 shared IVP (Institutional Venture Partners) · 1 shared Sands Capital · 1 shared Spark Capital · 1 shared Wellington Management · 1 shared

Latest Pulse

Jun 26, 2026Baseten Raises $1.5B Series F at a $13B Valuation as AI Inference Demand ExplodesAI inference provider Baseten closed a $1.5 billion Series F at a $13 billion valuation, the largest funding round of the week, led by Altimeter Capital and Conviction Partners with Spark, Sands and Wellington participating. The raise underscores how serving AI models -- not just training them -- has become one of the most valuable and capital-intensive layers of the stack.→

Sources & methodologyshow

Where these figures come from

Value Add VC funds trackerValue Add VC data1 fact

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