Caitlin
Bolnick Rellas

General Partner

I can’t quite trace the rationale for having a chip on my shoulder, but it’s there.

And I sure as hell can recognize it in others: It manifests itself in a determined kind of tunnel vision. It’s visible in how people articulate their story and beliefs. And it shows up in how they prioritize their time and how they seek validation.

That invisible force — that “it” — is what tells me someone is solving a problem because they want to, versus those who are doing it because they need to.

I learned to drive before I was ten by speeding around on four-wheelers over the mountains and through the streams.

I grew up with contradictions — a Jewish girl in small-town-Texas and Montana, a healthy dose of social rebellion in my formative years that was fortunately rescued by my love of learning and a career that values originality over establishment.

My passion and that chip on my shoulder have led me to meet incredible people and hopefully play a small part in helping them along on their own journey.
It’s because of where and how I grew up that I try to invest in companies that are applicable to a wider audience than just the coastal elite.

I get excited about legacy industries and applications and startups that have real-world implications for the people who live outside of the Silicon Valley bubble.

I’m a fan of the weird and the wonderful… products and businesses that are hard to define or put in a box.

I enjoy backing vertical and SaaS-minded founders who carve new paths and disrupt legacy industries.

In 2022, I led CRV’s Seed investments in vertical SaaS company Rundoo and fintech startup Power. Less than a year later, Power was acquired for $275 million in an all-cash deal by Marqeta.

I also love to partner with female founders. Some of my favs include Natasha Vernier (the CEO of Cable which helps banks automate their financial compliance which CRV led the Seed in) and Mickey Friedman (the co-founder of Flair.ai, an AI design tool for branded content which CRV led the Seed in).

Last year I also led two of CRV’s Series A investments, one of which is in a yet to be announced female founded company that’s still in stealth.

Prior to CRV, I cut my teeth as an investor at OpenView and was also part of the founding team at VentureApp (now HqO).

Horses were a big part of my life. I started riding when I was seven — I'd do almost anything on a horse, from trail riding to barrel races.

Growing up in Montana, you learn to love doing any and all things outside in the wild.

From four-wheeling and fly-fishing in the summer to skiing and snowmobiling in the winter, there’s nothing like the great outdoors to put everything in perspective.

I’m the worst at taking pictures but the best at picking dogs. I have a 4-lb grouchy Yorkie named “Boo” and a 45-lb Australian Shepherd, “Roka.”

Congrats to Lotus AI and Outtake on Making Forbes Next Billion-Dollar Startups List

CRV proudly co-led Lotus AI’s Series A and our firm led Outtake’s Series A and joined the board in February 2025. We also backed Outtake during its Series B, so we’re thrilled to see both teams make this year’s list.” to “CRV proudly co-led Lotus AI’s Series A and our firm led Outtake’s Series A, joined the board and backed Outtake during its Series B, so we’re thrilled to see both teams make this year’s list.

CRV invests in founding teams at the beginning of their journeys, leading Seed and Series A rounds in amazing companies. We’ve backed more than 750 companies early on including DoorDash (another Next-Billion alum), Mercury and Vercel.

Congrats to both Lotus AI and Outtake on being named to Forbes’ Next-Billion Dollar Startups list.

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