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Key people at Stepchange Ventures.
Stepchange Ventures was founded in 2023 by Anay Shah (Co-Founder & Partner) and Ben Eidelson (Co-Founder & General Partner).
Stepchange Ventures operates as an early-stage fund, investing in software companies accelerating energy abundance and modernizing critical infrastructure. The firm targets product-led organizations developing scalable solutions with significant climate impact. Its strategy prioritizes software innovation for energy transition, distinct from capital-intensive hardware development, providing a focused approach to market needs within this evolving landscape.
The fund was established and is led by Ben Shwab Eidelson, an experienced operator turned investor. Eidelson founded Stepchange Ventures based on the insight that software-centric strategies offer a more agile and effective path to addressing climate challenges than traditional hardware solutions. His product-building background informs the firm's direct support for portfolio companies in product strategy and market entry.
Stepchange Ventures' portfolio comprises ambitious software companies across vital sectors like energy transition, built environment, and AI infrastructure. The firm actively supports these ventures to expedite market impact and achieve their growth objectives. Stepchange's overarching vision is to facilitate global progress by accelerating transformative technologies and systems for a more abundant and resilient future.
Stepchange Ventures was founded in 2023 by Anay Shah (Co-Founder & Partner) and Ben Eidelson (Co-Founder & General Partner).
Stepchange Ventures has 5 tracked investments across 5 companies. The latest tracked deal is $6.0M Pre-Seed in AZX in January 2026.
Key people at Stepchange Ventures.