A venture studio for the data economy.
Alchemy builds category-defining ventures where data is the primary asset. We partner with founders and established companies alike, work in markets we understand at depth, and bring infrastructure-grade data expertise to everything we build.
A studio, not a fund.
Alchemy is a venture studio. We build data-native ventures — some we start in-house alongside the founders who run them, others we build with established companies launching a new initiative or entering a new market — and stay close long after launch.
Most of the work is unglamorous: customer interviews, market mapping, and prototype after prototype — the patient stretch where a thesis hardens into infrastructure a market can actually use. We take on a small number of problems, commit deeply to each, and treat every venture as a multi-year operating responsibility rather than a portfolio entry.
We build where data is the primary asset — commerce intelligence, user-data infrastructure, and the markets forming around data itself. Sector-focused in practice, and opinionated about where durable advantage actually lives.
Engagements take a few shapes: companies we co-found and operate; new initiatives we build with Fortune 500 and growth-stage partners; and strategic programs that help an established business expand into a new market or category.
We search for the rare ventures that can reshape an ecosystem — and build each from first principles, with conviction.
Partners first
We build with the people who carry the work — founders with product taste, or the operators inside a company driving a new initiative. Conviction begins with the team, not the deck.
Operators ourselves
Industry depth we own, not coverage we rent. We build only in markets where we have operated firsthand.
Extended network
Each venture inherits the studio's circle — operators, specialists, and partners who open doors to talent, distribution, and capital.
Data as edge
Every venture is built with real data infrastructure at its core. We bring proven systems and architecture, not slideware.
Bituser
Live user data infrastructure for modern brands.
Avenir
A spot market for data assets.
In residence
A third venture is currently in residence at the studio.
Fabrice Gould
Three decades building ventures across B2B technology and the data industry. A product manager at heart, with an instinct for identifying opportunities at market scale and the data expertise to act on them.
Alex Oliveira
Architect and operator across pioneering platforms in geo-spatial and real-time data. Career focused on high-volume systems connecting people, places, and brands.