A.Capital Ventures
SEC exempt reporting adviser (venture capital exemption).
- Website
- HTTP://ACAPITAL.COM/
- HQ
- CA
A.Capital Ventures believes the next big companies will be rooted in AI or crypto from the start. Its portfolio includes companies such as OpenAI, Anthropic, Databricks, Coinbase, Polymarket, and Notion. The firm also has a talent partner, Carrie Farrell, who helps entrepreneurs build a solid foundation for recruiting and HR functions.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Series A, Seed, Series B |
| Sectors | Not stated | Not enough dated deals | Enterprise SaaS, Media, Hardware, AI applications, Devtools, Insurtech, Consumer, Ecommerce, Mobility |
| Regions | Not stated | Not enough dated deals | CA, NY |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2014 | 7 | Consumer, Ecommerce, Enterprise SaaS |
| 2015 | 3 | Cybersecurity, Devtools, Ecommerce |
| 2016 | 4 | Enterprise SaaS, AI applications, Devtools |
| 2017 | 7 | Enterprise SaaS, Media, AI applications |
| 2018 | 7 | Insurtech, Logistics, Media |
| 2019 | 5 | Enterprise SaaS, Hardware, AI applications |
| 2020 | 6 | Insurtech, AI applications, Crypto and Web3 |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 4 | 1 | 1 |
| 2015 | 0 | 2 | 0 | 0 | 0 |
| 2016 | 0 | 0 | 1 | 2 | 1 |
| 2017 | 0 | 3 | 3 | 1 | 0 |
| 2018 | 0 | 2 | 3 | 1 | 0 |
| 2019 | 0 | 2 | 1 | 0 | 1 |
| 2020 | 0 | 3 | 2 | 1 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| A. Capital Partners IV, L.P. A.Capital Ventures invests in startups that are rooted in AI or crypto from the start. It believes the next big companies will be built on these technologies from day one, and it backs founders building AI-first or crypto-first products. Inferred from the firm's website | approx. 2022 | $160M (Form D) | Late investment period |
03 · People across funds
- Ronny Connway, Managing Member of the General Partner
A. Capital Partners IV, L.P. (Named on Form D)
- Carrie Farrell, Talent Partner
A. Capital Partners IV, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- HTTP://ACAPITAL.COM/
- https://acapital.com/team
- https://acapital.com/portfolio
- https://acapital.com/2024/03/the-importance-of-ai-and-crypto-first-approaches
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026