Spider Capital
SEC exempt reporting adviser (venture capital exemption).
- HQ
- CA
Spider Capital is a seed-stage venture capital firm focused on applied AI software companies that transform physical industries. Its team includes Michael Neril, Founder and Managing Partner, along with partners, operating partners, venture partners, and advisors. Portfolio companies mentioned include Mechanical Orchard and Klir, with Klir noting the firm provided advisory support and investor connections.
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 | Seed | Not enough dated deals | Seed, Series A |
| Sectors | AI applications, Fintech, Insurtech, Healthtech, Energy, Construction and proptech, Govtech | Not enough dated deals | Enterprise SaaS, AI applications, Hardware |
| Regions | US | 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 |
|---|---|---|
| 2015 | 3 | Enterprise SaaS, Construction and proptech |
| 2016 | 6 | Enterprise SaaS, AI applications, Energy |
| 2017 | 14 | Enterprise SaaS, Hardware, AI applications |
| 2018 | 7 | Enterprise SaaS, Hardware, AI applications |
| 2019 | 9 | Enterprise SaaS, AI applications, Hardware |
| 2020 | 4 | Enterprise SaaS, Cybersecurity, Data analytics |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2015 | 0 | 2 | 0 | 0 | 0 |
| 2016 | 0 | 4 | 0 | 0 | 0 |
| 2017 | 0 | 6 | 4 | 0 | 0 |
| 2018 | 0 | 2 | 4 | 0 | 0 |
| 2019 | 0 | 4 | 3 | 2 | 0 |
| 2020 | 0 | 3 | 1 | 0 | 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 |
|---|---|---|---|
| Spider Capital Partners III, L.P. Spider Capital is a seed-stage venture firm backing applied AI software companies that modernize physical industries such as construction, energy, healthcare, manufacturing, and transportation. It offers operator insight, go-to-market help, and investor introductions to founders. Inferred from the firm's website | approx. 2022 | $100M (Form D) | Late investment period |
03 · People across funds
- Michael Neril, Manager of the General Partner of the Issuer
Spider Capital Partners III, L.P. (Named on Form D)
- Alan Priest, Venture Advisor
- Charles Carmel, Venture Advisor
- Courtney Broadus, Venture Advisor
- David Berman, Operating Partner
- Jeff Ma, Venture Advisor
- John Gengarella, Venture Advisor
- Judy Loehr, Operating Partner
- Matt Fisher, Venture Partner
- Minsoo Chi, Partner
- Neal Goldman, Operating Partner
- Ofir Bar Levav, Venture Advisor
- Philippe Suchet, Partner
- Ron Frankel, Senior Advisor
- Yuri Sagalov, Venture Advisor
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- HTTP://WWW.SPIDERCAPITAL.COM/
- https://www.spidercapital.com/portfolio/percepto
- https://www.spidercapital.com/team
- https://www.spidercapital.com/
- https://www.spidercapital.com/about
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026