Initialized Capital is a San Francisco-based venture capital firm that specializes in investing in high-potential software start-ups. The firm states that it believes every industry will be remade by software engineers with the purpose of making goods and services better, cheaper, and faster. It invests at the seed stage and has $36 billion in market value.
The firm invests in companies that have products which are significantly better than products on the current market and can prove with specific data points that they have already created successful products. Initialized capital also seeks start-ups with clear plans for the first 18-24 months after receiving their investments. Upon accepting a company into its portfolio, Initialized Capital states that it aids start-ups in areas such as technical hiring, user acquisition, media, press launches, and product design.
Initialized Capital utilizes customer relationship management software that was built by co-founder Garry Tan to gain insights into the potential of a start-up. Those companies that could be backed by the firm are then logged and voted on by Initialized Capital's nine investors. The vote is done digitally and blindly in an attempt to avoid bias.
The firm is significantly progressive with inclusion and diversity within the company, with female investors accounting for 40% of the team (the industry average is 10%). Furthermore, one of the co-founders is vocal about companies in the United States being mandated to offer Paid Family Leave and encourages companies in Initialized Capital's portfolio to offer that benefit.
Initialized announces a $225 million fourth fund.
Initialized Capital announces a $125 million third fund.
Alda Leu Dennis
Danni Metz Shuval
COO and Design partner
Chief of Staff
Head of EA
At Initialized Capital, Odd Couple Alexis Ohanian And Garry Tan Look To Do VC Differently
July 9, 2018
Documentaries, videos and podcasts
E08 - Ending The Crypto Winter with Garry Tan and Brett Gibson of Initialized Capital
November 1, 2018
- Y CombinatorY Combinator (also known as YC) is a US based seed accelerator, which was started in March 2005.
- Garry TanAn entrepreneur, designer, investor, and software engineer. He is the co-founder and managing partner of In initialized Capital, and a former partner of Y Combinator.
- Alexis OhanianAmerican businessman; co-founder of reddit
- Reddit is an online platform for social news. It allows communities to submit links, create contents and discuss any topic of their interest.