Initialized Capital
VC
2012
$2 000 M
San Francisco, California, United States
Profile
Initialized Capital is a venture capital firm based in San Francisco, established in 2012. Founded by Garry Tan and Alexis Ohanian, it is renowned for its diverse and ambitious team comprising founders, builders, engineers, designers, and more. The firm seeks founders with grit, audacity, and a spark of rebellion, providing relentless support and guidance for seed stage companies. Initialized Capital distinguishes itself by leveraging a wide array of interests and perspectives for the long-term benefit of its portfolio companies.
The firm invests primarily in technology-driven sectors including enterprise SaaS, sustainability, health, hard tech, artificial intelligence, infrastructure, consumer tech, and blockchain/crypto. With around $2 billion in assets under management, their stage focus is predominantly on seed investment. While geographical focus details are not explicit, Initialized Capital operates predominantly within North America. It boasts a substantial track record with over 28 unicorns. Limited partners or strategic partners are not specified publicly.
Notable portfolio companies include Coinbase - a cryptocurrency exchange, Instacart - a grocery delivery service, Flexport - a freight forwarding and customs broker, Opendoor - an online real estate marketplace, and Cruise - a self-driving car company. The firm continues to be a significant presence in the venture capital space supporting breakout companies from the seed stage upwards.
Industry
Initialized Capital Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Fund VI
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
SaaS
Blockchain/Crypto
Technology
|
Seed
|
North America
|
$5-10 m
|
$530 M
|
December 2021
|
|
Fund V
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
SaaS
Blockchain/Crypto
Technology
|
Seed
|
North America
|
$5-10 m
|
$230 M
|
August 2020
|
|
Fund IV
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
SaaS
Software
Blockchain/Crypto
Technology
|
Seed
|
North America
|
$5-10 m
|
$225 M
|
October 2018
|
|
Opportunity Fund
|
Venture Capital (VC)
|
SaaS
Security
Software
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$170 M
|
December 2021
|
