Karman Ventures (fka Moving Capital)

Karman Ventures, formerly known as Moving Capital, is a Santa Monica-based venture capital firm established in 2020. It emerged from an angel syndicate composed of early employees from "decacorn" startups such as Uber, Airbnb, Stripe, SpaceX, and Google. This unique genesis provides Karman Ventures with a deep well of operational expertise and an extensive network, which they leverage to support their portfolio companies, particularly at the crucial early stages of development.

The firm primarily focuses on pre-seed and seed-stage investments, targeting companies poised to disrupt established industries or create new markets. Their investment thesis is concentrated on sectors where their founders' operational experience is most relevant, including the future of work, supply chain, logistics, mobility, marketplaces, fintech, and artificial intelligence. Karman Ventures aims to provide not just capital but also strategic guidance and access to their network of industry veterans, helping founders navigate the challenges of scaling high-growth businesses.

Karman Ventures typically deploys initial checks ranging from $250,000 to $1 million, indicating a strong commitment to foundational funding rounds for promising startups. The firm has demonstrated significant growth in its capital base, having successfully raised a $20 million Fund I in 2021, followed by a $50 million Fund II announced in 2023. As of early 2023, Karman Ventures had built a robust portfolio of over 60 companies, reflecting an active and diversified investment strategy across its core sectors.