Parkway Venture Capital
About Parkway Venture Capital
Led Hark's $700M Series A.
Parkway Venture Capital was founded in 2019 by Gregg Hill and Jesse Coors-Blankenship, who are both managing partners. A few directories give 2018 as the founding year, but LinkedIn, PitchBook and Parkway's own 2026 press release say 2019. The firm is headquartered in New York and also has an office in Winter Park, Florida. PitchBook lists it as a Registered Investment Adviser and an NVCA member. Other people listed on LinkedIn and third-party profiles include Robert Bibow and Nekeshia Woods as partners and Brian Hoyt as COO. Public sources do not say which partner leads AI deals, and Parkway has not published its fund sizes.
Parkway describes itself as backing fundamentally disruptive technologies, with a focus on AI and deep tech. Its sectors include AI, simulation, quantum technology and complex engineering. In a 2026 release the firm said it concentrates on a small group of founders, leads rounds, works closely with them and stays sector-agnostic. It also says it holds positions over time. Parkway led Figure AI's $70M Series A in 2023 and its Series C in 2025. It took part in Figure's $675M Series B in 2024. It was the first venture backer of SandboxAQ after that company spun out of Google in 2022. The firm lists 2026 exits including xAI, Pascal and TAE Technologies. In October 2026 it ranked first among emerging U.S. venture firms on the Strebulaev-Jackson ranking, a ranking built from investment data.
Parkway invests from seed through growth stage. Third-party data shows entry mostly at Series A, with some seed investments, and it often leads. Parkway has not published a check size range or a fund size, so none is given here.
- Figure AI: humanoid robotics. Parkway led the $70M Series A in 2023, took part in the $675M Series B in 2024 and led the Series C in 2025.
- SandboxAQ: quantum and AI company spun out of Google in 2022. Parkway was its first venture backer and took part in a later Series E in December 2024.
- Hark: personal AI platform and hardware company. Its May 2026 Series A valued it at $6B, and NVIDIA, Salesforce Ventures, Qualcomm Ventures and FJ Labs took part.
- xAI: listed by Parkway among its 2026 investment exits.
- Pasqal: quantum computing company that Parkway backed. Parkway lists Pascal among its 2026 exits, and Caplight shows Pasqal's IPO in March 2026.
- linkedin.com/company/parkway-venture-capital-llc
- finance.yahoo.com/small-business/articles/parkway-venture-capital-rank
- manilatimes.net/2026/10/13/tmt-newswire/globenewswire/parkway-venture-
- sandboxaq.com/press/parkway-vc-backs-quantum-ai-innovator-sandbox-aq
- pitchbook.com/profiles/investor/399563-65
- therobotreport.com/figure-ai-raises-675m-to-commercialize-humanoids
- multiples.vc/private-comps/hark
- caplight.com/investor/parkway-venture-capital
Investing activity
Parkway Venture Capital appears in 2 AI deals tracked by the AI Lounge deals desk, rounds totalling $1.38B, and led 1 of them. The rounds are mostly Series A and Series B, with a median round size of $700M. The most recent are Hark (Series A, $700M, May 2026) and Figure AI (Series B, $675M, Feb 2024).
Parkway Venture Capital most often invests alongside ARK Invest, Align Ventures, Intel Capital and OpenAI Startup Fund, and the companies it backs on AI Lounge are mostly in Consumer AI hardware and AI.
Deals
Frequently asked questions about Parkway Venture Capital
Who founded Parkway Venture Capital?
Gregg Hill and Jesse Coors-Blankenship founded Parkway in 2019. Both are managing partners, and the firm is based in New York.
Does Parkway Venture Capital invest in AI startups?
Yes. The firm focuses on AI and deep tech. It has led rounds in Figure AI and Hark and was the first venture backer of SandboxAQ.
What stage does Parkway Venture Capital invest in?
It invests from seed to growth stage. Third-party data shows entry mostly at Series A, and the firm often leads. It has not published check sizes.
How big is Parkway Venture Capital's fund?
Parkway has not publicly disclosed its fund sizes, so we do not list any.
What is Parkway Venture Capital's investing style?
The firm says it backs a small number of founders, leads rounds, works closely with them and stays sector-agnostic. It also says it holds its positions over time.
What AI companies has Parkway Venture Capital invested in?
Parkway Venture Capital's AI investments include Hark and Figure AI. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Parkway Venture Capital based?
Parkway Venture Capital is based in New York, US.
What stage does Parkway Venture Capital invest at?
In the rounds tracked on AI Lounge, Parkway Venture Capital has invested at Series A and Series B, with a median round of $700M. Parkway Venture Capital led 1 of those rounds.
Who does Parkway Venture Capital co-invest with?
Parkway Venture Capital's most frequent co-investors on AI Lounge are ARK Invest (1 deal), Align Ventures (1 deal), Intel Capital (1 deal), OpenAI Startup Fund (1 deal) and Nvidia (1 deal).
How can founders reach Parkway Venture Capital?
Founders on AI Lounge can see Parkway Venture 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 Parkway Venture Capital to their Investor Pipeline to track the conversation.