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Initialized Capital

Venture CapitalActive

Initialized Capital is early stage VC firm focused on helping software engineers, designers and product people with their first seed checks

San Francisco, United StatesFounded 2000initialized.com
168
Investments
10
Exits
$3.2B
AUM
6.0%
Exit Rate

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Investment Thesis & Strategy

Initialized Capital invests in early-stage fintech and SaaS companies, specifically providing seed funding to companies founded by software engineers, designers, and product people.

Investment Activity

Deals per year over the last 10 years

1
2012
3
2013
1
2014
1
2015
3
2016
1
2017
0
2018
1
2019
0
2020
1
2021

Portfolio Companies

Selected investments from their portfolio of 168 companies

O
OpenSea
Crypto/Web3 · Series A, 2021
Active
R
Rippling
SaaS · Series A, 2019
Active
L
Lambda School
EdTech · Seed, 2017
Active
S
Scale AI
AI/ML · Seed, 2016
Active
L
Lattice
SaaS · Series A, 2016
Active
N
Notion
SaaS · Seed, 2016
Active
D
Discord
Media/Content · Seed, 2015
Active
F
Flexport
Logistics · Series A, 2014
Active
K
KeepTruckin
Transportation · Series A, 2013
Active
P
Plaid
Fintech · Seed, 2013
Active
C
Cruise
Transportation · Seed, 2013
Active
C
Coinbase
Crypto/Web3 · Seed, 2012
Active

Notable Exits

CompanyTypeYearValue / Acquirer
ZapierAcquisition0
PatreonAcquisition0
Lambda SchoolAcquisition0
Scale AIAcquisition0
GustoAcquisition0
BufferAcquisition0
FlexportAcquisition0
InstacartIPO2023$10B
CoinbaseIPO2021$86B
CruiseAcquisition2016

Frequently Asked Questions

Initialized Capital focuses on Series A, Series B, Series C+ stage investments.

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