Incisive Ventures | Activity | F4

Incisive Ventures Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

Types

Time range

New Fund

External LP-oriented profile reported Martin Tobias is raising a $25M Incisive Ventures II fund.

Incisive Ventures II

Incisive Ventures

thevcfactory.com

Added recently

Podcast

Martin Tobias launched a new podcast called "The First Bet," exploring how guests gain conviction to make decisions about deploying capital or committing resources. First episode features Alec Torelli.

Incisive Ventures

Incisive VenturesIncisive Ventures

incisive.vcJUN 11, 2026

JUN 11, 2026

Podcast

Launched The First Bet podcast with Alec Torelli to discuss decision-making and conviction under uncertainty.

The First Bet with Alec Torelli

Incisive Ventures

incisive.vcJUN 11, 2026

JUN 11, 2026

Essay

Martin Tobias published an essay arguing the Softwaremageddon panic over legacy SaaS is overblown, and outlining how Incisive Ventures is investing through it — avoiding LLM-adjacent wrappers, backing durable vertical niches, betting on the demand-supply gap, and backing fast iterators.

Incisive Ventures

Incisive VenturesIncisive Ventures

incisive.vcJUN 9, 2026

JUN 9, 2026

Essay

Published an essay on how AI is changing legacy SaaS investing and where durable software value may accrue.

Surviving Softwaremageddon: How to Invest in SaaS When $1T Just Vanished

Incisive Ventures

incisive.vcJUN 9, 2026

JUN 9, 2026

New Fund

Martin Tobias is raising a $25M Incisive Ventures II fund. The VC Factory LP profile notes he is an emerging manager with a $10M Fund I launched in 2021, now targeting $25M for Fund II, having already backed six unicorns.

Incisive Ventures

Incisive VenturesIncisive Ventures

thevcfactory.comAPR 23, 2026

APR 23, 2026

Essay

Martin Tobias published his core AI thesis with data: the AI application/SaaS layer will be multiples larger than infrastructure, and Incisive Ventures is investing in B2B AI application layer startups that solve real business problems.

Incisive Ventures

Incisive VenturesIncisive Ventures

incisive.vcNOV 16, 2025

NOV 16, 2025

Essay

Martin Tobias published an essay on his conviction framework — Hustler + Hacker two-person founding team, market with billions in potential, distribution trick — with real portfolio examples including Procurable, CiviQ, Grw AI, Nuel.AI, Quintess AI, Playmaker, and Legix.ai.

Incisive Ventures

Incisive VenturesIncisive Ventures

incisive.vcOCT 16, 2025

OCT 16, 2025

Milestone

Portfolio company Katalyst achieved exit event.

Katalyst

KatalystIncisive Ventures

pitchbook.comAUG 2025

AUG 2025

Investment

Participated in Mangxo's Series A round (Mexico-based company).

Mangxo

Mangxo Incisive Ventures

tracxn.comJUL 2025

JUL 2025

Investment

Led Moddule's seed round for supply chain visibility platform.

Moddule

Moddule Incisive Ventures

moddule.comMAY 20, 2025

MAY 20, 2025

Exit

Portfolio company WorkRails was acquired by BigTime in November 2024.

WorkRails

WorkRails Incisive Ventures

tracxn.comNOV 2024

NOV 2024