
Steve Agelopoulos
CFO
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- Full Name
- Steve Agelopoulos
- Title
- Chief Financial Officer
- Firm
- Amplify Partners
- Firm Type
- Early-stage venture capital firm (technical/deep-tech focus) — *not an angel investor; the "Angel Investors" label in the stub data appears to be an aggregator error*
- Investment Stage
- Amplify invests at pre-seed, seed, and Series A (firm-level; Steve is a finance/operations executive, not a deal partner)
- Check Size
- Firm typically writes ~$1M–$10M checks
- Target Company Profile
- Technical founders — engineers, researchers, data scientists — building core technology companies
- Sector Focus
- AI/ML, developer tools, data infrastructure, cybersecurity, and life sciences/bio (firm-level)
- Geographic Focus
- Primarily U.S. (San Francisco Bay Area–centric)
- Location
- San Francisco Bay Area, California
Background
Steve Agelopoulos is the Chief Financial Officer of Amplify Partners, an early-stage venture capital firm headquartered in Menlo Park with a second office in San Francisco. He has held the CFO role since roughly 2019, where he oversees the firm's financial management and reporting and leads its operational functions — including investor relations, legal, facilities, and human resources — while supporting the firm's fundraising efforts. Importantly, he is an operations/finance executive rather than an investing partner: he does not source deals or write checks into portfolio companies.
A self-described "throwback to a time when there were fewer company names on a resume," Steve has held only three positions since college. He began his career at PwC (PricewaterhouseCoopers), where he spent several years working with a range of clients as a tax professional/manager. He then moved into venture capital, serving as CFO of Three Arch Partners, a healthcare-focused VC firm, before joining Amplify Partners. He earned his B.S. in accounting from Santa Clara University.
Steve is a first-generation American, born and raised in San Francisco to Greek immigrant parents, and credits his upbringing with instilling values of "honesty, loyalty and hard-work." Outside of work he enjoys traveling to Greece with his three children and finds fishing brings him "peace and calm."
Investment Thesis & Focus
*Steve is the firm's CFO and does not personally set or execute investment strategy; the following reflects Amplify Partners' firm-level thesis, which shapes the platform he supports.*
- Backs technical founders — the "lunatic fringe" of developers, technologists, data scientists, and researchers who have felt a problem viscerally and are compelled to solve it.
- Concentrates on early-stage rounds (pre-seed through Series A), with check sizes generally in the ~$1M–$10M range.
- Core sectors: AI/ML, developer tools, data infrastructure, and cybersecurity, plus a dedicated bio/life-sciences practice (supported by named Bio Advisors).
- Differentiator: deep in-house technical expertise, allowing partners to credibly support engineer- and researcher-founders rather than traditional "business-first" entrepreneurs.
Notable Investments
- Datadog — cloud monitoring/observability; Amplify co-invested (including the ~$95M Series D at a $688M valuation); IPO'd in 2019.
- Fastly — edge cloud platform; went public in 2019.
- dbt Labs — analytics engineering / data transformation tooling.
- Temporal — durable workflow/orchestration infrastructure; became a unicorn.
- LangChain — framework for building LLM applications; unicorn.
- Luma AI — generative AI (video/3D); Amplify's most recent unicorn, reaching that status in 2025 (~4 years after first investment).
- Modal, Runway, Chainguard, Scribe — additional AI/dev-tools/security companies in the portfolio.
- Firm track record cited at ~14 unicorns, 5 IPOs, and ~50 acquisitions across the portfolio.
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