Connie Biel · VP, Montage Ventures
Seed-stage investor focused on vertical AI, financial services, commerce, and the built world. Backing founders with deep insight and exceptional execution.
A foundation in finance and deep operating experience from Series A startups to enterprise shapes how I invest.
Spent three years leading equity and convertible debt transactions including IPOs and follow-ons for public technology companies. Built rigorous quantitative foundations and deep pattern recognition for how capital markets value high-growth tech businesses.
Built the Sales Operations and Business Operations function from scratch at this construction software company. Gained firsthand experience navigating the operational complexity of scaling a venture-backed startup from revenue systems to full go-to-market strategy.
Autodesk acquired PlanGrid for $875M, their largest acquisition ever. Stayed on for two more years through three additional M&A integrations, reorganizing the sales team and GTM functions. Developed a rare understanding of how enterprise software companies absorb and scale acquired products.
Joined this Series A fintech building financial services for creators and led growth for the card product. Compressed years of fintech insight including unit economics, creator monetization, and scaling challenges into six months of intensive hands-on work.
Hired as the firm's first Senior Associate in Fund III and promoted to VP mid-fund. Brought in over a third of the firm's deal pipeline, sourced and supported 8 investments, built the vertical AI thesis, rebranded the firm, and hired an Associate to build an AI-powered internal sourcing engine. Currently deploying Fund IV.
| Company | Category | Stage | Role |
|---|---|---|---|
| Augmenta3D spatial intelligence for building design on construction projects, starting with MEP systems | Vertical AI | Seed | Sourced |
| SparkAI-powered permitting and underwriting for renewable and critical energy projects including solar, BESS, and data centers | Vertical AI | Pre-Seed | Sourced |
| Fermat CommerceAI-powered shopping experiences and advertisements for enterprise merchants | Commerce | Seed to Series B | Investment Team |
| Airial TravelAgentic trip planning for consumers and travel agencies | Prosumer AI | Pre-Seed | Investment Team |
| AnythingNatural-language app and software development for solopreneurs, prosumers, and internal teams | Prosumer AI | Pre-Seed to Series A | Investment Team |
| AffinitiIntelligent CFO stack with cards, banking, and expense management for SMBs, distributed through trade associations | Fintech | Seed to Series A | Investment Team |
| Pylon LendingEmbedded mortgage infrastructure via API, bridging capital markets and software-powered underwriting for fintechs, banks, and proptechs | Fintech | Seed to Series A | Portfolio |
| Axyon AIAI-generated alpha and market strategies for institutional asset managers | Fintech | Seed | Investment Team |
| EoliannAssessing climate risk for critical enterprises in Europe, driven by the EU critical entities resilience directive | Climate | Pre-Seed | Investment Team (Board) |
Deals I sourced and brought into the investment process, a reflection of pattern recognition and conviction even when the fund did not lead.
| Company | Thesis | Stage | Lead Investor |
|---|---|---|---|
| Assort HealthVoice agents automating patient call-handling, scheduling, and follow-ups for medical practices, cutting hold times by ~89% | Voice to Workflow | Series B | Lightspeed |
| BluefishEnterprise-grade AI marketing platform helping F500s monitor brand sentiment and performance on AI-native platforms | Commerce / GEO | Series A | NEA |
| SapiomProgrammable spend controls on top of wallets, enabling a pay-per-use economy via developer microtransactions | Agentic Payments | Series A | Accel |
| Sola SolutionsWorkflow automation leveraging computer vision, browser agents, and LLMs to convert repetitive tasks into automated bots | RPA / Agentic | Series A | a16z |
| AccordanceBuilding the OpenEvidence for tax advisory, focused on highest-leverage highest-complexity work for CPA firms and enterprise | Tax & Accounting | Series A | Altimeter |
| JuiceboxAI recruiting platform indexing hundreds of millions of professional profiles from 30+ data sources to surface high-signal candidates | RPA / Agentic | Series A | Sequoia |
| OuttakeBuilding the trust layer of the internet with threat classification and automated response against deepfakes and social engineering | Fraud / Deepfake | Series B | Iconiq, CRV |