Leadout Capital Management, LLC
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- HQ
- CA
No contact route found yet.
Leadout Capital is an early-stage venture firm focused on founder-market fit. Its portfolio includes Latii, Expo, Cloudsmith, Momentum, AtoB, Pavilion, theCut, Near Space Labs, and R-Zero. Dion Dong joined the team in 2022 and became a Venture Partner in 2025.
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 | Seed |
| Sectors | Not stated | Not enough dated deals | None |
| Regions | Not stated | Not enough dated deals | CA |
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 |
|---|---|---|
| 2019 | 3 | Consumer, Enterprise SaaS, Govtech |
| 2020 | 2 | Govtech, Hardware, Marketplaces |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Leadout Capital II, L.P. | approx. 2021 | $60M (Form D) | Follow-ons only |
03 · People across funds
- Alison Rosenthal, Managing Director of the General Partner
Leadout Capital II, L.P. (Named on Form D)
- Steven Brownlie, Managing Director of the General Partner
Leadout Capital II, L.P. (Named on Form D)
- Dion Dong, Venture Partner
Leadout Capital II, 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
- https://www.leadoutcapital.com/portfolio
- https://www.leadoutcapital.com/
- https://www.leadoutcapital.com/team
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 25, 2026