Initialized Capital
San Francisco, California · Invests in US; Europe · Website
Check size
🔒 $•• – $••Thesis
Passion and vision matter more than pedigree. We seek founders with grit, audacity, and a spark of rebellion—regardless of background. We invest early, before success is inevitable, and support founders from 0-to-1 through Series A.
Likely not a fit for
We do not limit ourselves to narrow demographics or specific industry backgrounds. We welcome non-traditional paths into any startup idea.
How they invest
- Lead or follow
- Usually leads
- Typical decision
- ~2 weeks
- Warm intro
- Not required
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $275M
- Decision process
- Partnership vote
Partners & team
7 contacts on file
a•••@in•••.com
Sign up free to unlock contact →g•••@in•••.com
Sign up free to unlock contact →e•••@in•••.com
Sign up free to unlock contact →Portfolio
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7 Cups is an online platform providing free mental health support, therapy, and counseling services. It aims to empower individuals to care for one another and has a global reach, serving millions of users in various languages.
Abodu specializes in luxury turnkey accessory dwelling units (ADUs), offering pre-approved backyard homes in California. They provide a streamlined process for homeowners looking to add living space without the hassle of traditional construction.
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Albedo is a company focused on providing high-resolution satellite imagery from Very Low Earth Orbit (VLEO) to enhance capabilities in defense, intelligence, and scientific research. Their mission emphasizes the importance of proximity to Earth for sharper insights and faster connections.
AlixPartners is a results-driven global consulting firm that focuses on delivering practical and sustainable solutions to clients facing transformation and disruption.
Apero provides software solutions for medical practices, including scheduling, billing, and e-prescriptions, as well as ERP and WMS solutions for inventory and distribution.
AptDeco is a platform for buying and selling used furniture, offering pickup and delivery services nationwide.
Recent activity
- May 2026
Picogrid
Series A · Participated
- May 2026
Enhanced Radar
Seed · Lead
- Apr 2026
10x Science
Seed · Lead
- Jan 2026
Talos Global
Seed · Lead
- Dec 2025
PermitFlow
Seed to Series B · Lead
- Dec 2025
Feanix
Seed · Lead
- Aug 2025
Sygaldry Technologies
Seed · Lead
- Aug 2025
Garage
Seed · Lead
Initialized Capital in the news
Bitget
Alexis Ohanian’s $500M Crypto Investing Pivot: From Reddit to Web3
2 months ago
Alexis Ohanian’s $500M Crypto Investing Pivot: From Reddit to Web3
2 months ago
The 8 Largest NYC Tech Startup Funding Rounds of December 2025
8 months ago
Initialized Capital’s recent layoffs are part of a much larger (and longer) cycle
Oct 2024
Initialized Capital restructures, and lets multiple partners go
Oct 2024
Major layoffs hit Garry Tan-founded VC firm Initialized Capital
Oct 2024
Venture firm hires Rent the Runway’s Jennifer Fleiss
Dec 2023
Bloomberg.com
Rent the Runway Co-Founder Joins Venture Firm Initialized
Dec 2023
DigitalOcean Acquires Paperspace for $111M in Cash
Jul 2023
This is how much VC firm Initialized Capital will pay its next investor
Jun 2023
Inside Initialized Capital’s next moves as cofounder and star investor Garry Tan steps back
Dec 2022
Venture capital will soon be brimming with ghosts
Oct 2022
Early-stage VC firm Initialized Capital loses last co-founder as Y Combinator gets a new CEO
Aug 2022
techcrunch.com
Garry Tan’s return is a full circle moment for Y Combinator
Aug 2022
businessinsider.com
How Brett Gibson Went From Making Pizza to Initialized Capital VC
May 2022
Under The Hood: How Early-Stage Investor Initialized Spots Future Unicorns
Feb 2022
Initialized Capital Raises $700 Million, Launches 2 New Funds
Dec 2021
Meet Parul Singh, partner at Initialized Capital
Sep 2021
Initialized Capital Hires WeWork Lawyer as First General Counsel
Jun 2021
inc.com
What Garry Tan Has Learned About Startups After Founding 2 Companies–and Advising More Than 700
Jun 2021
Reddit Co-Founder Alexis Ohanian Plots New Early-Stage VC Fund
Aug 2020
Reddit cofounder Alexis Ohanian is leaving his venture capital firm Initialized Capital
Jun 2020
Q&A: Alexis Ohanian Returns to UVA to Talk Entrepreneurship, Venture Capital
Apr 2019
Reddit founder Alexis Ohanian has $225 million in fresh funding to back health and elder tech startups
Oct 2018
Initialized Capital Aims to Raise $225 Million New Fund
Sep 2018
At Initialized Capital, Odd Couple Alexis Ohanian And Garry Tan Look To Do VC Differently
Jul 2018
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