APL Ventures is a Silicon Valley–based investment firm that operates as a multi-stage investor, with particular depth in growth-stage opportunities. Founded by Albert P. Lee, the firm evolved from its origins as a private investment platform into a venture partnership focused on supporting exceptional founders building category-defining companies across artificial intelligence, fintech, healthcare, and corporate and consumer services.
The firm's portfolio includes companies such as xAI, Databricks, Perplexity, Glean, Shield AI, Apptronik, and Armada, reflecting its positioning across multiple growth stages and technical domains. APL Ventures emphasises backing scalable opportunities with strong technical foundations and experienced leadership teams. The firm maintains strategic relationships across Asia, particularly Korea, to support portfolio company expansion and cross-border growth opportunities.