Conversion Capital
Conversion Capital is an early-stage venture capital firm based in New York City, with additional offices in San Francisco and Washington, D.C. Founded in 2015 by Christian Lawless, the firm focuses on investing in transformative technology companies across various sectors, including Artificial Intelligence, cloud infrastructure, vertical software, national security, healthcare, manufacturing, and logistics. With approximately $250 million in assets under management, Conversion Capital has launched three investment funds, including its latest, Fund III, which totals $122 million. The firm pro
Investing activity
Conversion Capital appears in 1 AI deal tracked by the AI Lounge deals desk, rounds totalling $30M, and led 1 of them. The rounds are mostly Series B, with a median round size of $30M. The most recent is Vesta (Series B, $30M, Oct 2026).
Conversion Capital most often invests alongside First American, Zigg Capital, NBKC Bank and Pennymac, and the companies it backs on AI Lounge are mostly in AI agents for mortgage lending.
Deals
Frequently asked questions about Conversion Capital
What AI companies has Conversion Capital invested in?
Conversion Capital's AI investments include Vesta. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Conversion Capital based?
Conversion Capital is based in New York, New York, United States.
What stage does Conversion Capital invest at?
In the rounds tracked on AI Lounge, Conversion Capital has invested at Series B, with a median round of $30M. Conversion Capital led 1 of those rounds.
Who does Conversion Capital co-invest with?
Conversion Capital's most frequent co-investors on AI Lounge are First American (1 deal), Zigg Capital (1 deal), NBKC Bank (1 deal), Pennymac (1 deal) and Citi Ventures (1 deal).
How can founders reach Conversion Capital?
Founders on AI Lounge can see Conversion Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Conversion Capital to their Investor Pipeline to track the conversation.