Risk and Return is a venture capital firm. Team members are concentrated in Palo Alto, California, United States. Among the 5 companies in the known portfolio are Alto Neuroscience, Modality.AI, Prepared, Phantom Neuro and HAAS Alert.
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Investment focus
- Sector
- AIHardwareHealthcareSaaS
Who to pitch at Risk and Return
Risk and Return portfolio companies (5)
- Alto Neuroscience
- Modality.AI
- Prepared
- Phantom Neuro
- HAAS Alert
Co-investors
Funds that share portfolio companies with Risk and Return.
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About Risk and Return
The firm's listing covers sectors AI, Hardware, Healthcare and SaaS, and focus areas AI Applications, Autonomous Vehicles, Data and Developer APIs; known deals cluster at Seed and Series A.
Josh Berglund (Venture Partner) and Andrew Chang (Investor) are listed as the contacts to pitch at Risk and Return.
Across the known portfolio, 20 co-investors appear alongside Risk and Return, including Dellora Investments, DARPA and Perceptive Advisors.
Frequently asked questions
What is Risk and Return?
Risk and Return is a venture capital firm whose team is concentrated in Palo Alto, California, United States, with a known portfolio of 5 companies. The portfolio comes from public investment records rather than from the firm, so deals that never surfaced publicly are not in it.
What does Risk and Return invest in?
Listed sectors include AI, Hardware, Healthcare and SaaS; listed focus areas include AI Applications, Autonomous Vehicles, Data and Developer APIs. Those tags come from the portfolio attached to the firm, so they describe what has been backed rather than a stated mandate for what comes next.
What stage does Risk and Return invest at?
The known deals of Risk and Return include Seed and Series A rounds. Check that against your own round before reaching out: stage mismatch is the most common reason a well matched sector still goes nowhere.
Who should I pitch at Risk and Return?
Both people on file at Risk and Return are listed as contacts for the firm, each with their own profile page.
How do I contact Risk and Return?
Any email address on file for the firm is masked on this page and readable inside RaiseHunt after you create an account. The 2 people attached to the firm have their own pages, each showing whether an address is on file for them.
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Data: RaiseHunt investor dataset · Snapshot 5 September 2026 · How this data is built · Report a correction or request removal