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Explore: Biotech · Generative AI · Drug Discovery · Climate Tech · Pre-Seed · Seed · Series A

AlleyCorp Fund II

AlleyCorp

vc$250MCo-investsLeads rounds

Fund Size

$250M

Location

🇺🇸United States

Activity

Statusactively investing

Investment Thesis

Early-stage bets on companies where it's not yet obvious, with focus on first checks under $10 million. Kevin Ryan invests based on where the world is going five to ten years from now.

About AlleyCorp Fund II

$250 million institutional VC fund (Fund I) raised in 2024 with external LPs for the first time, transitioning from a family office to an institutional firm.

Sectors

BiotechGenerative AIDrug DiscoveryClimate Tech

Stages

pre-seedseedSeries ASeries B

Geographic focus

United States

Team

Kevin Ryan
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Notable Investments

MongoDB, Reddit, Meetup, Spring Health, Blueground, Thyme Care, Pearl Health, Portal Space Systems, Vanna Health

Verified 15 July 2026 · Sources: company website, Fusion42 review

Frequently asked questions

What does AlleyCorp Fund II invest in?
AlleyCorp Fund II invests in Biotech, Generative AI, Drug Discovery and Climate Tech at the pre-seed, seed, series-a and series-b stages.
Which geographies does AlleyCorp Fund II focus on?
AlleyCorp Fund II focuses on United States, and is headquartered in United States.