Swell Partners (Swell VC) is a New York City-based pre-seed and seed fund founded by Rusty Ralston and Jay Patil, who have worked together for more than 15 years, starting as early employees at an AI startup in 2008. The pair made an early angel investment in TapAd, which was later acquired for $360 million. Swell has been investing in critical infrastructure since 2018, ahead of space, defense, a...
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