Cascade Venture Capital

Who We Are 01

Access to the most consequential
AI companies of our time.

Founded in 2024, Cascade provides access to a select group of late-stage AI companies as their fundamentals are inflecting. We have a proven track record in category-defining companies — Groq, Anthropic, OpenAI, Databricks, CoreWeave — built through $150M+ deployed via single-asset investments.

Our unique sourcing advantage comes from Jerry Weitzman, former SVP of Sales at Databricks, and our strategic partnership with the Databricks AI Accelerator. We apply a rigorous public-markets framework for identifying businesses with the unit economics to become generational public companies.

Our Approach 02

A repeatable process for
identifying generational businesses.

Expertise to identify superior unit economics combined with the experience of scaling companies into generational businesses.

01

Investment Discipline

Public-markets rigor applied to late-stage private investing. 20+ years evaluating companies through a returns-based lens — identifying the margin structure, capital efficiency, and scalability that commands premium valuations at scale.

02

Operator Value-Add

Firsthand experience scaling enterprise software to generational scale. We scaled Databricks from $15M to $2B ARR — with the operational depth to work directly alongside portfolio companies and replicate that go-to-market architecture.

03

Late-Stage Focus

Avoid the J-curve. Capital deployed into proven business models with established product-market fit, recurring customers, and visible revenue trajectories. Late-stage companies are typically 12–36 months from a public market event.

04

Sourcing Advantage

Selected as 1 of 10 VC launch partners for the Databricks AI Accelerator — alongside Andreessen Horowitz, Benchmark, and NEA. Operator-led sourcing and decades of Wall Street relationships create preferential allocation in otherwise inaccessible rounds.

Portfolio 03

Investing in the companies
defining the next era of technology.

Anthropic

OpenAI

Databricks

Groq

Ramp

CoreWeave

Lambda

Vercel

Decart

The Team 04

Highly accomplished across
Venture, Technology, and Wall Street.

Matt Berg

Partner, CIO

Deployed $5B+ in capital across 40+ public & private companies. Head of Late Stage Venture Capital at Manhattan West. Former analyst and portfolio manager at York Capital and Highbridge Capital.

Matt Weisbarth

Partner, Head of Capital Formation

15+ years pioneering private market transactions in pre-IPO shares of leading technology companies — including Facebook — well before their IPOs.

Jerry Weitzman

Venture Partner

Former SVP of Sales at Databricks. Grew ARR from $15M to $1.5B; built a 300-person enterprise sales organization across the Americas.

Dustin McCormick

Head of Operations

Accomplished operator specializing in firm infrastructure and scale; has scaled multiple businesses across consulting and wealth management.

Why Now 05

The largest technology investment
cycle in history.

$1.3T

AI Infrastructure

Projected annual global AI capex by 2030 — up from $400B in 2025. Lambda sits directly in the path of this demand surge, with GPU rental pricing up 40% in six months.

Source: UBS

$2T+

AI Applications

New enterprise revenue being created as AI-native applications displace legacy software at scale. Vercel's ARR grew from $200M to $340M in under a year.

Source: Bain

2–10x

Access is the Constraint

Oversubscription on the most consequential AI companies. Access, not capital, is the binding constraint. Cascade's GTM advisory relationships create preferential allocation in rounds otherwise inaccessible.

Source: Cascade Internal

Sourcing 06

Access driven by decades of relationships across
Venture, Wall Street, and Technology.

I

Operator-Led Sourcing

Direct access to Jerry Weitzman — who scaled Databricks ARR from $15M to $2.1B — and the operator network that surrounds him.

Launch Partner

II

Databricks AI Accelerator

Selected as 1 of 10 VC launch partners — alongside Andreessen Horowitz, Benchmark, and NEA. Strategic partnership provides direct investment access to companies admitted into Databricks' accelerator cohort.

III

Public-Markets Network

Decades of relationships across institutional investors, bankers, and late-stage founders create primary allocation in competitive rounds.

Connect

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on LinkedIn.