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Ten Eleven Ventures

Cybersecurity-focused venture capital firm; led IQM Quantum Computers' $320M+ Series B (September 2025).

Ten Eleven Ventures is a Burlingame, California-based multi-stage venture capital firm dedicated to cybersecurity, founded in 2014 by Alex Doll and Mark Hatfield as the first VC firm exclusively focused on the sector. The firm also maintains offices in Boulder, Boston, and London.

Overview

Firm
Ten Eleven Ventures
Headquarters
Burlingame, CA
Founded
2014
AUM
~$807 million (per SEC Form ADV, March 2026)
Stages
Seed, Series A, Series B, Growth
Thesis
Ten Eleven Ventures backs cybersecurity founders at any stage, from seed through growth, describing itself as the original cybersecurity-focused, stage-agnostic investment firm.
X / Twitter
x.com/1011vc

Portfolio companies1

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Frequently asked

What is Ten Eleven Ventures?
Ten Eleven Ventures backs cybersecurity founders at any stage, from seed through growth, describing itself as the original cybersecurity-focused, stage-agnostic investment firm.
How much does Ten Eleven Ventures manage?
Ten Eleven Ventures manages ~$807 million (per SEC Form ADV, March 2026) in assets, and was founded in 2014.
What stages does Ten Eleven Ventures invest at?
Ten Eleven Ventures invests at Seed, Series A, Series B, Growth.

Tags

Sources & citations2

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    Ten Eleven Ventures LLC (SEC CRD 269893, an Exempt Reporting Adviser under the venture capital fund exemption) discloses current gross asset value of approximately 807 million dollars across six private funds.

    U.S. Securities and Exchange Commission (IAPD): Form ADV, Ten Eleven Ventures LLC, CRD 269893
    Verified2026-03-11
  2. 2

    Ten Eleven Ventures led IQM Quantum Computers' Series B round.

    Ten Eleven Ventures: Team
    Verified2026-08-09