Operator Collective

Quick read

Operator Collective (OpCo) is a seed-stage venture fund founded in 2019 and headquartered in San Francisco, CA. It runs a 'Collective Venture Model' that pools 200+ senior tech executives as LP-operators who actively support portfolio companies. The firm focuses exclusively on enterprise and B2B tech, with 45 portfolio companies and 5 unicorns to date.

Key facts

Founded

2019

Founders

Mallun Yen

Employees

11-50

Sectors

enterprise, saas, fintech

Website

www.operatorcollective.com

Investment thesis

OpCo invests at the seed stage in enterprise and B2B technology companies, pairing capital with a network of 200+ senior operator LPs who provide direct access to enterprise buyers, strategic partners, and functional expertise across sales, finance, marketing, and product.

Recent activity

• Jul 2026press
  Operator Collective published a portfolio company profile on Fireworks, spotlighting open model infrastructure, authored by Mallun Yen. operatorcollective.com
• Jun 2026investment
  Operator Collective invested in Nox Metals, its most recent recorded deal per PitchBook, on 14 June 2026. pitchbook.com
• Jun 2026press
  Operator Collective published an Operator Spotlight featuring Ana Pinczuk, President and Chief Product & Technology Officer at SentinelOne. operatorcollective.com
• 2026product
  OpCo released the final article in its 'State of AI Transformation' series, drawing on survey responses from 123 senior operators across its LP and portfolio network. The research covers what operators want from AI tools, adoption blockers, and gaps in current enterprise AI offerings. linkedin.com
• 2026press
  OpCo hosted its inaugural AI Transformation Exchange, co-led by founding LPs Claire Hughes Johnson and Erica Ruliffson Schultz, gathering 75 senior enterprise tech executives from companies including Stripe, Databricks, Datadog, and Anthropic. The event anchored on findings from the first OpCo Intelligence State of AI Transformation report, covered by Axios. operatorcollective.com
• 2026press
  Operator Collective held its annual Spring Gathering, bringing together operator LPs, portfolio founders, and institutional investors. Partners included Egon Zehnder, Orrick Herrington & Sutcliffe, Mercer Advisors, Cooley LLP, and Goldman Sachs. linkedin.com
• 2025investment
  OpCo announced a new portfolio investment in Nox Metals, a metals company whose early customer SpaceX reportedly discovered through social media. linkedin.com
• ongoingleadership
  Anna Jacobson holds the title of Chief AI Enablement Officer at OpCo, leading the firm's approach to AI across research, knowledge-sharing, internal workflows, and investment processes. operatorcollective.com
• Apr 2026press
  Published 'Operator Spotlight' featuring Braze Chief Business Officer Astha Malik, continuing the firm's executive content series. operatorcollective.com
• Apr 2026investment
  Profiled portfolio company Numos, an AI-for-finance startup, following its $4.25M seed round. operatorcollective.com
• Jan 2026press
  Mallun Yen participated in a panel on California's new VC Diversity Reporting Law (SB 54), ahead of the first April 2026 reporting deadline. linkedin.com
• 2024investment
  Invested in Sante Technologies' $7.6M seed round. zoominfo.com

Notable investments

• Nox MetalsundisclosedJun 2026pitchbook.com
• SantéSeedundisclosedleadiq.com
• VivenSeedundisclosedleadiq.com
• DistributionalSeries Aundisclosedleadiq.com
• DemostackSeries Bundisclosedleadiq.com
• Nox MetalsEarly-stage2025linkedin.com
• NumosSeed ($4.25M)2024zoominfo.com
• Sante TechnologiesSeed ($7.6M)2024zoominfo.com
• PoetiqSeed ($45.8M)2024zoominfo.com
• Textiotracxn.com
• Integrytracxn.com
• Regal.iolinkedin.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Mallun Yen · Founder, CEO & Managing Partner
  LinkedIn
• Dana (Partner) · Partner
• Caroline Caswell · Head of Marketing & Communications
• Haley Daiber Brannan · Partner
• Anna Jacobson · Partner

Sources

• Operator Collective — Home
• Operator Collective — Team
• Operator Collective — Blog & News
• Operator Collective — Tracxn Profile
• Operator Collective — Crunchbase
• Operator Collective — ZoomInfo
• Operator Collective — LinkedIn
• Mallun Yen — LinkedIn
• https://pitchbook.com/profiles/investor/375602-95
• https://www.operatorcollective.com/blog-posts/how-top-tech-operators-are-using-ai-to-transform-their-companies-and-themselves
• https://www.linkedin.com/in/mallun/

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Explore VCs by sector

• Enterprise software in United States

Globally

• Enterprise software worldwide

Frequently asked