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Backstage Capital

North America, California, United States, Los Angeles

Description

Backstage Capital, founded by Arlan Hamilton in 2015, is a pioneering venture capital firm based in Los Angeles, United States, dedicated to investing in new companies led by underrepresented founders. Its core mission addresses the significant funding disparities faced by women, people of color, and LGBTQ+ individuals in the tech and startup ecosystem. The firm operates on the belief that talent is equally distributed, but opportunity is not, actively seeking out and backing entrepreneurs who are often overlooked by traditional venture capital.

The firm's investment strategy primarily focuses on pre-seed and seed-stage companies across a diverse range of industries. Backstage Capital is known for its commitment to providing crucial early-stage capital and support to founders who have historically received less than 1% of venture funding. This deliberate focus allows them to build a portfolio that truly reflects the diversity of the global population, fostering innovation from previously untapped sources.

Since its inception, Backstage Capital has made a substantial impact on the venture landscape. As of 2023, the firm has invested in over 200 companies, making it one of the most active investors in its niche. Their typical initial investment ranges from $25,000 to $100,000, providing essential early capital to help these startups gain traction. Through various funds, including those raised via crowdfunding, Backstage Capital has demonstrated a unique and effective model for democratizing access to venture capital.

Investor Profile

Backstage Capital has backed more than 155 startups, with 1 new investments in the last 12 months alone. The firm has led 23 rounds, about 15% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Trinidad and Tobago.
  • Strong thematic focus on Software, Health Care, Apps.
  • Typical check size: $25K – $100K.

Stage Focus

  • Seed (61%)
  • Pre Seed (17%)
  • Convertible Note (8%)
  • Series A (6%)
  • Series Unknown (5%)
  • Series B (1%)
  • Series C (1%)
  • Angel (1%)

Country Focus

  • United States (95%)
  • United Kingdom (4%)
  • Trinidad and Tobago (1%)

Industry Focus

  • Software
  • Health Care
  • Apps
  • E-commerce
  • Fashion
  • Internet
  • Mobile
  • Beauty
  • Saas
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Backstage Capital frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 3
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 8
Pipeline Angels
North America, Texas, United States, Houston
Co-Investments: 5
Emerson Collective
North America, California, United States, Palo Alto
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
The Helm
North America, New York, United States, New York
Co-Investments: 3
Kapor Capital
North America, California, United States, Oakland
Co-Investments: 3
Revolution’s Rise of the Rest Seed Fund
North America, District of Columbia, United States, Washington
Co-Investments: 4
Precursor Ventures
North America, California, United States, San Francisco
Co-Investments: 8
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3

Which angels does Backstage Capital often collaborate with?

EL
North America, Florida, United States, Miami Beach
Shared Deals: 2
Daren Cotter
North America, Minnesota, United States, Saint Paul
Shared Deals: 1
GA
North America, Georgia, United States, Atlanta
Shared Deals: 1
AB
North America, California, United States, San Diego
Shared Deals: 2
AV
North America, Minnesota, United States, Minneapolis
Shared Deals: 1
JR
North America, California, United States, San Francisco
Shared Deals: 1
Damon DeVito
North America, Virginia, United States, Charlottesville
Shared Deals: 1
AH
North America, California, United States, Los Angeles
Shared Deals: 2
MC
North America, Texas, United States, Dallas
Shared Deals: 2
LR
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Backstage Capital?

AudioMob

London, England, United Kingdom

Monetizing mobile games non-intrusively using audio ads! AudioMob are the creators of Audio Enhanced Banners & Rewarded Audio

Advertising
Series UnknownFeb 25, 2025
Amount Raised: $5,000,000
Hello Alice

Houston, Texas, United States

Hello Alice is a financial technology company that provides access to credit, loans, grants, and business planning services.

Financial ServicesFinTechInformation ServicesInformation Technology
Series CApr 4, 2024
BoldHue

Aurora, Colorado, United States

BoldHue is a beauty tech company that develops a Bluetooth-enabled handheld device to cutomize beauty needs.

Artificial Intelligence (AI)BeautyInformation Technology
SeedApr 2, 2024
Amount Raised: $3,370,000
EdLight

Boston, Massachusetts, United States

EdLight lets teachers quickly see and give feedback on authentic student work.

EdTechEducation
SeedMar 27, 2024
Amount Raised: $4,000,000
Cloudnine Augmented Intelligence

Santa Monica, California, United States

Enterprise Knowledge Management System that secures sensitive data such as PII for data privacy, governance, risk, and compliance

AnalyticsArtificial Intelligence (AI)Big DataBusiness IntelligenceCloud Data ServicesData StorageElectronic Health Record (EHR)Machine LearningPredictive Analytics
Pre SeedJun 5, 2023
Amount Raised: $100,000
Community

Santa Monica, California, United States

Community is an app that solves communication and engagement problems.

CommunitiesSocial MediaTelecommunications
Series UnknownApr 24, 2023
Amount Raised: $25,000,000
Patientory

Atlanta, Georgia, United States

Patientory is a patient data platform that empowers individuals to control their health data and earn personalized rewards.

Artificial Intelligence (AI)BlockchainElectronic Health Record (EHR)Health CareSoftware
SeedApr 5, 2023
Amount Raised: $1,500,000
Plural

Washington, District of Columbia, United States

Plural is a company that provides public policy tools to help teams save time and discover opportunities in workflows.

NewsProductivity ToolsProject ManagementVirtual Workforce
SeedJan 1, 2023
Exer Labs

Denver, Colorado, United States

Exer Labs is an information Technology & Services company.

Artificial Intelligence (AI)FitnessHealth CareInformation ServicesInformation TechnologySoftware
SeedNov 8, 2022
Amount Raised: $6,500,000
Guava

New York, New York, United States

Guava is a financial service firm.

Financial ServicesFinTech
SeedJul 26, 2022
Amount Raised: $2,400,000