# Prelude: portfolio, investments and team

> Prelude is a vc firm. 7 investments on record, 2 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/prelude (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Prelude

Last cheque observed Jun 2026; 7 cheques on record.

Email

Deploying now New fund $361M, Feb 2026 VC firm Website unconfirmed

Pre-seed Seed Venture Capital & Private Equity

Follow Prelude and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fprelude)

Deploying now

**100%** of best year **2** **cheques in 12 months**, 7 on record

Since the last cheque **145** days **00** hrs **00** min **00** sec

Median round **$5.4M** Cheque size, as they say **$500K – $2.0M** Rounds led **1 of 7** Mostly in **United States, 67%**

Pitch Prelude

Another investor of this name exists, and we could not establish from the rounds which of them the press meant. Treat the record below as possibly belonging to either. [Tell us which](https://millionrounds.com/corrections?slug=prelude) if you know.

## Prelude highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Seed and Bridge: 83% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** VC firm
- **Cheque size:** $500K – $2.0M as they say
- **Stages:** Pre-seed Seed
- **Sectors:** Venture Capital & Private Equity
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=prelude).

## The record

Every round we can evidence, newest first **7 appearances**

- **2026** 2 rounds
- **Jun** **[Morpho](https://millionrounds.com/company/morpho)** Seed · FR · Ventureburn **$175M** With 18 others
- **Mar** **[UnblockPay](https://millionrounds.com/company/unblockpay)** Seed · BR · LatamList **$4.5M** *Led*
- **2019** 1 round
- **Jan** **[Fortify](https://millionrounds.com/company/fortify)** Seed · US · FinSMEs **$2.5M** With 4 others
- **2018** 3 rounds
- **Nov** **[CoverCress](https://millionrounds.com/company/covercress)** Bridge · Agfundernews **$2.0M** With 5 others
- **May** **[Zapata](https://millionrounds.com/company/zapata)** Seed · US · FinSMEs **$5.4M** With 2 others
- **Jan** **[Ripple Foods](https://millionrounds.com/company/ripple-foods)** Series C · US · FinSMEs **$65M** With 5 others
- **2017** 1 round
- **Oct** **[LevelTen Energy](https://millionrounds.com/company/levelten-energy)** US · FinSMEs **$6.8M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **10 named**

AS **Alicia Sontag** MANAGING MEMBER OF PRELUDE GROWTH PARTNERS GP II, LLC, THE GENERAL PARTNER i Filing they signed

CJ **Cisco J. del Valle** Managing Member of Prelude Capital Partners, LLC, the Issuer's General Partner. i Filing they signed

DW **Davis Warnock** Managing Director i Filing they signed

GK **Gabriel Kra** MEMBER i Filing they signed

GJ **Gary J. Butler** Director i Filing they signed

GJ **Gavin J. Saitowitz** Managing Member of Prelude Capital Partners, LLC, the Issuer's General Partner. i Filing they signed

GW **Greg Warnock** Director i Filing they signed

MJ **Michael J. McDonald** Director i Filing they signed

ND **Neda Daneshzadeh** MANAGING MEMBER OF PRELUDE GROWTH PARTNERS GP II, LLC, THE GENERAL PARTNER i Filing they signed

ZS **Zach Sivertson** Managing Director i Filing they signed

We also hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

## What they claim to have backed

From their own portfolio page (on their website)

**4** of 11 we have independently watched raise

[Courtyard](https://millionrounds.com/company/courtyard)[Gondor](https://millionrounds.com/company/gondor)[Lido](https://millionrounds.com/company/lido)[Morpho](https://millionrounds.com/company/morpho) ChainPatrol Exponent Extended Farcaster HairDAO Talent Tenor

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$361M**

raised in Feb 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed

Median round joined **$5.4M** the round, not its cheque

Led 1 of 7 rounds **14%**

- **Said size:** $500K – $2.0M
- **Sole investor:** Never alone
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Seed said *4*
- Bridge *1*
- Series C *1*
- Pre-seed said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Wintermute Ventures](https://millionrounds.com/fund/wintermute-ventures) 2

**Pitching Prelude?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Prelude. A count of rooms they were both in, not a relationship either has claimed.

[**Wintermute Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/wintermute-ventures)

## Recently backed

The latest companies Prelude put money into.

[**Morpho** $175M · Jun 2026](https://millionrounds.com/company/morpho)[**UnblockPay** $4.5M · Mar 2026](https://millionrounds.com/company/unblockpay)[**Fortify** $2.5M · Jan 2019](https://millionrounds.com/company/fortify)[**CoverCress** $2.0M · Nov 2018](https://millionrounds.com/company/covercress)[**Ripple Foods** $65M · Jan 2018](https://millionrounds.com/company/ripple-foods)[**LevelTen Energy** $6.8M · Oct 2017](https://millionrounds.com/company/levelten-energy)

## Quick answers about Prelude

### What does Prelude invest in?

Prelude invests most often at Seed and Bridge (83% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is Prelude?

7 investments on record, 2 of them in the last 12 months, and it led 1. The most recent was in Jun 2026.

### What has Prelude invested in recently?

Its most recent investments on record: Morpho (Seed, Jun 2026), UnblockPay (Seed, Mar 2026) and Fortify (Seed, Jan 2019).

### How big are Prelude's cheques?

The median round it joins is $5.4M. It says it writes cheques of $500K to $2.0M.

### Does Prelude lead rounds?

Sometimes: it led 1 of its 7 investments on record (14%).

### Where does Prelude invest?

Most of the companies it backs are in the United States (67%), France (17%) and Brazil (17%).

### Is Prelude investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Prelude invest alongside?

Most often Wintermute Ventures (2 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=prelude) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=prelude)
