Rick Zullo worked at Deloitte and as an investor at Lightbank and Lightview Capital before co-founding Equal Ventures in 2020, built around a deliberately research-heavy, thesis-driven approach to backing founders bringing software into legacy industries - climate, insurance, retail, and supply chain among them - rather than chasing generic software categories. Zullo has been closely associated with Equal's investments in SmartHop and David Energy, and helped grow the firm to $175 million in combined capital across its second fund and opportunity vehicle by 2024, while continuing to publish detailed sector research across insurance and climate.
No public exit yet - Equal Ventures has focused its $175 million in capital on bringing software into legacy industries like insurance, climate, and supply chain