
Mucker Capital
Description
Mucker Capital, based in Santa Monica, California, is an early-stage venture capital firm and incubator established in 2011 by Erik Rannala and William Hsu. The firm primarily focuses on pre-seed, seed, and early Series A investments, particularly in companies demonstrating strong product-market fit and scalable business models. Mucker Capital is distinguished by its hands-on approach, often working closely with founders through its MuckerLab incubation program to help build and scale their ventures from the ground up.
The firm's investment strategy emphasizes active participation in its portfolio companies' development, providing operational support beyond just capital. Mucker Capital typically writes initial checks ranging from $250,000 for very early-stage or incubated companies, up to $2,000,000 for seed-stage rounds. This flexible check size allows them to engage with promising startups at various points in their nascent growth. Their sector-agnostic approach allows them to invest across a wide array of industries, seeking disruptive technologies and innovative business models.
Mucker Capital has built a robust portfolio with a track record of significant exits. As of recent data, the firm has made over 200 investments, demonstrating its prolific activity in the early-stage ecosystem. Notable successes include Honey, a shopping rewards platform acquired by PayPal for approximately $4 billion, and ServiceTitan, a leading software platform for the trades. The firm continues to raise new capital, having closed its Mucker Capital Fund V with $70 million in 2022, reinforcing its commitment to supporting the next generation of startups.
Investor Profile
Mucker Capital has backed more than 266 startups, with 13 new investments in the last 12 months alone. The firm has led 78 rounds, about 29% of its total and boasts 19 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Canada, Mexico.
- Strong thematic focus on Software, SaaS, FinTech.
- Led 4 rounds in the past year.
- Typical check size: $250K – $2M.
Stage Focus
- Seed (52%)
- Series A (19%)
- Pre Seed (16%)
- Series B (9%)
- Series Unknown (3%)
- Convertible Note (2%)
Country Focus
- United States (94%)
- Canada (2%)
- Mexico (2%)
- Australia (1%)
Industry Focus
- Software
- Saas
- Fintech
- Information Technology
- E-commerce
- Financial Services
- Artificial Intelligence (Ai)
- Internet
- Health Care
- Mobile
Frequently Asked Questions
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