Bonsal Capital

General contacts
Investor type

VC

Founded

1999

AUM

-

Location

Baltimore, Maryland, United States

Investment Ticket

$0-1 m

Investment Stage

Seed Series A

Region of investment

North America

ESG Focus

Impact investor People of color and other minorities
Investor profile last updated: 16 August, 2026

Profile

Bonsal Capital is a venture capital firm based in Baltimore, Maryland, founded in 1999. The firm is led by a team with extensive experience in education and workforce technology, focusing on supporting underrepresented founders and emerging managers. Bonsal Capital differentiates itself by leveraging its deep industry knowledge and networks to guide companies through their growth trajectories.

The firm primarily invests in the education and workforce technology sectors, with a particular emphasis on diversity, equity, and inclusion. Bonsal Capital typically writes checks ranging from $50,000 to $250,000, focusing on seed and Series A stages. The firm has a strong presence in the United States and has partnered with over 30 companies and several emerging funds.

Notable investments by Bonsal Capital include CourseArc - an online course creation platform, EveryDay Labs - a student attendance improvement service, Thinkster Math - a math tutoring platform, Upswing - an online student support service, and Better Lesson - a professional development platform for educators.

Industry

Education Edtech SaaS HealthTech

Contacts

Name
Title
Email
Social Networks
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Frank Bonsal III Managing Partner & Member
Managing Partner & Member
f•••@•••
LinkedIn
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Investment-team contacts for Bonsal Capital — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Bonsal Capital

Bonsal Capital is a venture capital firm. It backs companies at Seed and Series A, writing tickets of $0-1 m.
Bonsal Capital is located in Baltimore, Maryland, United States.
Bonsal Capital was founded in 1999.
Bonsal Capital invests in companies and startups in Education, Edtech, SaaS, HealthTech.
Bonsal Capital invests in companies and startups in North America.
Bonsal Capital invests in companies and startups at Seed, Series A.
Bonsal Capital usually invests $0-1 m on average.
Bonsal Capital invests and supports People of color and other minorities startups and founders.
Yes, Bonsal Capital is impact investor.
Bonsal Capital can be reached through its website bonsalcapital.com, its LinkedIn page and its X account. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Bonsal Capital — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Bonsal Capital directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.