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Fund profile

Background Capital

Background Capital

United States

Leading

About

Background Venture Capital is a distinctive early-stage investment firm that focuses on backing founders who are leveraging new technologies and innovative approaches to solve complex, real-world problems. The firm is known for its hands-on approach, providing not just capital but also strategic guidance and operational support to help startups scale effectively. Located in San Francisco, Background VC primarily targets industries such as artificial intelligence, machine learning, fintech, and software, with a particular interest in companies that have the potential to disrupt traditional industries. The firm believes in the power of technology to drive significant societal and economic impact, and it seeks to partner with visionary entrepreneurs who share this belief. Background VC's portfolio includes a diverse range of companies that are at the forefront of technological innovation, tackling challenges across various sectors. The firm’s investment strategy is built around identifying high-potential startups early in their journey and working closely with them to achieve growth milestones. Led by a team of experienced investors and entrepreneurs, Background VC emphasizes collaboration and long-term partnerships with the companies it invests in. This approach ensures that both the startups and the firm are aligned in their goals, ultimately driving successful outcomes for all parties involved.

Details

Average check

$0-$100K
$100K-$500K

Round

Seed
Series A
Series B

Previous Investments

Advertising & Marketing
CleanTech & Sustainability
Data & Analytics
E-commerce & Retail
Fintech & Financial services
Healthtech & Wellness
HR & Recruitment
Legal & Professional services
Lifestyle
Other
Real Estate & Proptech
Social media
Software & Apps
Sports & Fitness
Transportation & Mobility
VR & AR

Geo focus

USA

Highlights

$5.5M

Historical average check

$26M

Historical max check

November 2024

Last investment date

20

Investments

Software & Apps

E-commerce & Retail

CleanTech & Sustainability

Web 3.0

Healthtech & Wellness

Real Estate & Proptech

Transportation & Mobility

Other

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Website

background.vc

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