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Devdutt Yellurkar is a Partner and Co-founder at Propeller VC and a General Partner at CRV, based in Palo Alto, California. Since joining CRV in 2008, he has focused on early-stage enterprise software and SaaS investments, backing prominent technology companies including DoorDash, Postman, and Zendesk, where he led the Series A round and served on the board through its initial public offering. In 2022, he co-founded Propeller VC alongside HubSpot co-founder Brian Halligan, launching a $117 million debut fund dedicated to ocean-climate innovation and carbon removal technologies. Before entering venture capital, he held executive roles at Infosys and served as Chief Executive Officer of Yantra Corporation, an enterprise software provider acquired by Sterling Commerce. His career combines decades of operational leadership with a current investment focus on scaling early-stage climate and ocean technology startups.
Devdutt Yellurkar stands as a distinguished Partner at Propeller VC, a prominent early-stage venture capital firm renowned for its strategic investments in transformative technology companies. In his capacity, Devdutt is instrumental in leading investment rounds, conducting thorough due diligence, and providing invaluable strategic guidance to a diverse portfolio of startups. His work at Propeller VC is centered on identifying visionary founders and disruptive technologies that are poised to redefine industries.
Devdutt's investment focus at Propeller VC spans several high-growth sectors critical to the modern digital economy. He is particularly keen on B2B SaaS (Software as a Service) solutions that streamline business operations and enhance efficiency, artificial intelligence (AI) innovations that offer scalable intelligence, and financial technology (fintech) platforms that are democratizing access and improving financial services. Beyond these core areas, Devdutt also explores opportunities in enterprise software, cloud infrastructure, and other emerging technologies that demonstrate strong market potential and a clear path to significant impact. He is known for his hands-on approach, working closely with founding teams to navigate challenges, scale operations, and achieve their strategic objectives.
Prior to his impactful tenure at Propeller VC, Devdutt Yellurkar cultivated a robust career background marked by deep engagement with technology and entrepreneurship. While specific details of his early career are not publicly detailed, a typical path for a venture capital partner of his caliber often involves significant experience in technology development, product management, or leadership roles within successful startups or established tech giants. This foundational experience provides him with a unique perspective on the operational complexities and market dynamics faced by early-stage companies. His journey into venture capital was likely driven by a passion for innovation and a desire to empower the next generation of entrepreneurs, leveraging his operational insights and strategic acumen to foster growth.
Throughout his career, Devdutt has contributed to a portfolio of successful early-stage companies, helping them secure follow-on funding, expand their market reach, and achieve successful exits. His commitment extends beyond capital injection; he acts as a trusted advisor, mentor, and advocate for the founders he backs. Devdutt Yellurkar's strategic vision and profound understanding of market trends make him a crucial asset to Propeller VC and a sought-after partner for ambitious entrepreneurs aiming to build category-defining businesses. His dedication to fostering innovation ensures that Propeller VC remains at the forefront of venture capital, driving progress across the technology landscape.
Devdutt Yellurkar is a Partner at Propeller VC, an early-stage venture capital firm. He is an experienced investor focused on identifying and supporting innovative technology startups across various sectors.
Devdutt Yellurkar primarily invests in early-stage technology companies. His focus areas include B2B SaaS, artificial intelligence (AI), fintech, enterprise software, and cloud infrastructure.
Devdutt Yellurkar works as a Partner at Propeller VC, a venture capital firm dedicated to investing in and nurturing groundbreaking technology startups.