Human Capital

Human Capital, based in San Francisco, is a prominent venture capital firm known for its "builder-first" approach, primarily investing in early-stage technology companies. The firm focuses on Seed and Series A rounds, identifying and supporting founders who are deeply committed to creating impactful products and businesses. Their investment thesis often centers on areas like artificial intelligence, developer tools, and financial technology, seeking to partner with companies that are poised for significant disruption and growth.

Beyond capital, Human Capital distinguishes itself through its hands-on support, particularly in talent acquisition and team building. They leverage their extensive network and expertise to help portfolio companies recruit top-tier engineering and product talent, a critical component for early-stage success. This operational involvement underscores their commitment to being more than just a capital provider, aiming to be a strategic partner in the company's foundational development.

Human Capital typically writes initial checks ranging from $500,000 to $15 million, reflecting their flexibility across Seed and early Series A stages. The firm has demonstrated significant fundraising prowess, having successfully closed substantial funds to fuel its investment activities. For instance, Human Capital announced a $500 million Fund III in 2021, followed by another $500 million Fund IV in 2023, underscoring their robust capital base and long-term commitment to the venture ecosystem. These significant capital raises enable them to provide follow-on funding and support their portfolio companies through various growth phases.