Our thesis
Optimize for the race, not the exit.
We back founders with stamina — people who run long races and turn on a dime when times are rough. Exits follow from continuously driving value; they're an outcome, not a goal. Our job is to be useful from zero to one and stay useful as the team scales.
Stage
Pre-seed & Seed
$50K–$250K first checks; up to $500K at seed as vehicles scale.
Geography
SF · Remote
Based in San Francisco. We work with founders anywhere.
Role in round
Participant
We typically join rounds rather than lead or co-lead.
Follow-on
Selective
Reserves for the founders we conviction-back.
Where we focus
Founder-rooted, not sector-rooted. A tech company needs a technical founder; a company at the intersection of tech and another industry needs that industry represented in the founding team.
Generalist 0-to-1
We follow exceptional founders wherever they build.
Technical foundations
Deep product experience across software and complex, real-world systems.
Regulated & hard markets
We've built businesses in regulated and operationally complex industries, and can help you navigate them.
Operator-led teams
Founders paired with the subject-matter expertise their category demands.
Beyond the check
- Product craft. We were operators first — we care about the details of what you're building.
- Team building. Help structuring early hires and building the culture that sticks.
- Regulatory navigation. Firsthand experience shipping in regulated markets, especially in fintech.
- Fundraising prep. Story, deck, and warm intros to the funds most likely to lead your next round.
EIR program
Four-month entrepreneur-in-residence engagements solving real portfolio-company needs. EIRs become pre-seed investment candidates.