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Elaine Dai
Partner at Alt Capital
Elaine Dai is a Partner at Alt Capital, a venture capital firm based in the San Francisco Bay Area.12 She joined Alt Capital in 2024 to invest in the next generation of exceptional founders reshaping SaaS, infrastructure, and AI software.45
Professional Background
Current Role:: Partner at Alt Capital (since 2024)12
Previous Experience::
- Investor at Norwest Venture Partners (2019-2024)3
- Business Planning at Microsoft (2017-2019)3
- Equity Research Summer Associate at Fidelity Investments (2016)3
Investment Focus
Elaine specializes in investing in:
- SaaS (Software as a Service)
- Enterprise Infrastructure
- Artificial Intelligence4
Investment Details
- Investment Range: $500K - $10.0M
- Sweet Spot: $2.5M
- Current Fund Size: $150M1
Education
Elaine holds a B.A. in Economics from Harvard University.2
Notable Investments and Board Positions
As an investor and board observer, Elaine has been involved with several notable companies:
- Harness (Board Observer)
- Spiff Inc (Board Observer)
- Lavender (Board Observer)
- Workato (Investor)
- Veza (Investor)
- Enable (Investor)
- ORO Labs (Investor)
- Obsidian Security (Investor)3
Elaine Dai's LinkedIn profile can be found under the username "elaine-dai".3
Highlights
Had a blast at Workato Automate!
Congrats to the team on launching their agentic workflow platform #WorkatoGenie and hitting 10 years of innovation.
Vijay Carter Bhaskar Markus Bhagat Chandar Gautham Harish Angela Kim
Personal update: excited to share I’ve joined Alt Capital as a Partner to invest in the next-generation of exceptional founders reshaping SaaS, infrastructure, and AI software!
I’ve admired Jack Altman for years and am thrilled to join him and Bala C. at Alt. After having been part of so many entrepreneurial journeys, I wanted to roll up my sleeves and help build an early firm. If you asked my closest friends and family what my ideal job would be, they’d say it was this. I’ve been blown away by Jack’s dedication to founders and his aspiration to be the most impactful investor on every cap table.
Deeply grateful for the incredible founders and management teams I’ve had the privilege of working with over the past 4.5 years – Jyoti, Sri, Carlos, Luan, John, Gleb at Harness; Vijay, Gautham, Bhaskar, Thomas, Carter at Workato; Jeron, Matt, Michael, Anna, Matt, Albert at Spiff (Acquired by Salesforce); Sudhir, Lalitha, Yuan at ORO Labs. Thank you for showing me what excellence looks like – you’ve set the bar high.
Finally, a huge thank you to Promod, Jeff, Dror, Matthew, Sean, Scott, and Dave at Norwest Venture Partners for taking me under your wing and to my mentors Rachita and Chris. It’s been an honor to work with you.
Excited to start the next chapter. If you’re a founder of an early stage company, would love to hear from you at [email protected] :)
