Conviction
About Conviction
Conviction is based in San Francisco, US. Sarah Guo leads the firm and is the named investor behind its AI deals on Lounge.
Conviction's listed focus is AI-native software and AI infrastructure. Recent AI rounds on Lounge's deals desk include Harvey's Series H at $550M (2026-09), Baseten's Series F at $1.5B (2026-07), which Conviction led, Enigma's seed at $71M (2026-07), and Trajectory's seed at $15M (2026-05), also led by the firm. Most of the listed rounds are seed rounds, and the desk shows a Scuba entry covering both pre-seed and seed.
Conviction's focus tags list Pre-seed, Seed and Series A. Round sizes on the deals desk range from Tomo's $5M seed (2026-06) to Baseten's $1.5B Series F (2026-07). Individual check sizes are not public in the sources used for this profile.
- Harvey: Series H, $550M, 2026-09
- Baseten: Series F, $1.5B, 2026-07, led by Conviction
- Enigma: Seed, $71M, 2026-07
- Clay: Tender offer, $55M, 2026-01
- Monogram: Seed, $40M, 2026-06
- RunSybil: Seed, $40M, 2026-03
- Scuba: Seed, $34M, 2026-10
- Keenable: Seed, $26M, 2026-08
- Trajectory: Seed, $15M, 2026-05, led by Conviction
- Phylo: Seed, $13.5M, 2026-02
- Primero AI: Seed, $12M, 2026-08
- Intelligence.AI: Seed, $7.9M, 2026-08
- Tomo: Seed, $5M, 2026-06
Investing activity
Conviction appears in 16 AI deals tracked by the AI Lounge deals desk, rounds totalling $2.54B, and led 2 of them. The rounds are mostly Seed, Series C and Pre-seed, with a median round size of $34M and the largest at $1.5B. The most recent are Serval (Series C, $150M, Oct 2026), Scuba (Seed, $34M, Oct 2026) and Scuba (Pre-seed + seed, $34M, Oct 2026).
Conviction most often invests alongside Accel, Elad Gil, BoxGroup and Index Ventures, and the companies it backs on AI Lounge are mostly in AI, AI agents for enterprise support and AI agents / team context.
Deals
Frequently asked questions about Conviction
Does Conviction invest at pre-seed and seed stage?
Yes. Conviction's focus tags include Pre-seed and Seed, along with Series A. Its listed AI rounds include several seed deals from 2026.
What AI companies has Conviction backed recently?
Recent entries on Lounge's deals desk include Harvey's Series H, Baseten's Series F, Enigma's seed and Scuba's seed. The full list is on this page.
Where is Conviction based?
Conviction is based in San Francisco, US. It is led by Sarah Guo.
What sectors does Conviction focus on?
Conviction focuses on AI-native software and AI infrastructure companies. Its listed rounds fall within these categories.
Where can I find Conviction's full portfolio?
This page lists the AI rounds on Lounge's deals desk only. For the firm's own portfolio list, see conviction.com.
What AI companies has Conviction invested in?
Conviction's AI investments include Serval, Scuba, Harvey, Keenable, Primero AI, Intelligence, Intelligence.AI and Enigma. The 16 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
What stage does Conviction invest at?
In the rounds tracked on AI Lounge, Conviction has invested at Seed, Series C, Pre-seed and Series H+, with a median round of $34M. Conviction led 2 of those rounds.
Who does Conviction co-invest with?
Conviction's most frequent co-investors on AI Lounge are Accel (4 deals), Elad Gil (3 deals), BoxGroup (3 deals), Index Ventures (3 deals) and Valkyrie (3 deals).
How can founders reach Conviction?
Founders on AI Lounge can see Conviction'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 Conviction to their Investor Pipeline to track the conversation.