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Spice Capital

New York, New York · Invests in US; Global · Website

Pre-SeedSeedConsumer Apps & SocialB2B SaaSAI & Machine LearningDeveloper ToolsFintechCrypto & Web3Developer Tools & InfrastructureFintech & PaymentsEnterprise Software

Thesis

Back visionary founders solving problems for internet-native consumers. Focus on team, TAM, and traction. Seek emerging categories and 'illegible' opportunities overlooked by traditional VCs.

Likely not a fit for

Pattern-matching to existing successes, conventional VC bias, excluding diverse founders, commoditized ideas

How they invest

Lead or follow
Usually leads
Typical decision
~1 week
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$10M
Decision process
Solo GP

Partners & team

2 contacts on file

MB

Maya Bakhai

General PartnerFounder & General Partner · Primary contact

+ Pitch

m•••@sp•••.xyz

LinkedIn profile

X profile

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RS

Ron Saron

PartnerPartner

+ Pitch

r•••@sp•••.xyz

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Portfolio

BeehiivMedia Entertainment

Beehiiv is a newsletter platform designed to help users create, manage, and grow their newsletters with various features including web building, ad networking, and analytics.

CyberConnectFintech Payments

CyberConnect combines AI and social context to make crypto easier to use, understand, and build on. It offers an Ethereum Layer 2 solution that brings social primitives onchain, along with an AI suite delivering crypto intelligence.

BonsideFintech Payments

Bonside provides tailor-made financing and lease offerings for brick-and-mortar businesses through its proprietary Scorecard and Repeatable Revenue Agreement (RRA), enabling access to non-dilutive, revenue-based financing.

Utopia Labs
HOPE HydrationFood Beverage

HOPE Hydration is a modern water station equipped with 55” ad screens and a mission to make water universally accessible, decreasing plastic waste, and helping brands build personal relationships - one refill at a time.

OpenStampEcommerce Marketplaces

OpenStamp is a platform that offers a comprehensive solution for trading digital stamps and tokens, focusing on the SRC-20 token standard.

FWB
DirtEcommerce Marketplaces

Dirt is a premium domain for sale, offering a simple and secure purchase and transfer process.

ParaDeveloper Tools Infra

Para.run is a platform for decentralized applications, focusing on blockchain technology and offering tools for developers.

SkejEnterprise Software

Skej offers AI-powered scheduling assistants that handle all the back-and-forth of meeting coordination, allowing users to focus on their work. The platform features various assistants with unique tones to cater to different user preferences.

Kangaroo BioConsumer Apps Social

KangarooBio.com is a domain for sale, offering a simple and safe way to buy domain names.

AccessGridEnterprise Software

AccessGrid provides an API for NFC access passes on mobile devices, enabling secure access control solutions compatible with MIFARE DESFire technology. The platform allows users to manage mobile keys for Apple and Google Wallet, catering to startups, access control integrators, and large enterprises.

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Research briefRead more
Spice Capital Research Document Investment Thesis Spice Capital is a founder-first, early-stage venture capital firm founded in 2021 by Maya Bakhai with a mission to add "spice" to the predominantly homogeneous venture capital industry. The firm is laser-focused on identifying and backing visionary founders solving problems for the next generation of internet-native consumers. Rather than followin

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