Interplay

Interplay, based in New York City, distinguishes itself as a comprehensive startup ecosystem rather than solely a venture capital firm. Founded with the mission to support founders holistically, Interplay integrates venture capital investments with incubation services, core business support, and a family office function. This multi-faceted approach aims to provide startups with capital, operational assistance, and strategic guidance, fostering growth from the earliest stages.

As a venture capital investor, Interplay Ventures primarily focuses on early-stage opportunities, specifically targeting pre-seed and seed rounds. The firm typically deploys first checks ranging from $250,000 to $1,500,000, indicating a commitment to foundational funding for nascent companies. Over its operational history, Interplay has demonstrated a consistent fundraising strategy, having launched multiple funds, including Interplay Ventures Fund I, Fund II, and Fund III, which collectively manage approximately $60 million in assets under management. This capital is strategically deployed across a diverse array of industries.

Beyond financial backing, Interplay's unique value proposition lies in its integrated ecosystem. The incubation arm helps transform ideas into viable businesses, while its core business services provide essential operational support in areas like finance, HR, and legal. The family office component offers additional strategic resources and networks. This comprehensive support system is designed to alleviate common startup challenges, allowing founders to concentrate on product development and market penetration. Their portfolio reflects a broad investment mandate, spanning sectors such as fintech, consumer tech, enterprise software, and digital media, with notable investments in companies like Warby Parker, Slice, and CoinList, showcasing their reach across various high-growth sectors.