Not Boring Capital
Description
Not Boring Capital is a distinctive early-stage venture fund founded by Packy McCormick, known for his popular "Not Boring" newsletter. Launched with an initial fund of $8 million, the firm operates with a unique thesis that merges venture investing with media and storytelling. Its core strategy revolves around identifying companies with compelling narratives and then actively assisting them in articulating and disseminating these stories to a broad audience, often leveraging McCormick's extensive platform and network. This approach provides portfolio companies with significant exposure and a unique form of strategic support beyond traditional capital.
The fund primarily focuses on early-stage opportunities, typically participating in pre-seed and seed rounds. Not Boring Capital aims to be a founder's first institutional check or a key participant in initial funding rounds. While specific sector focus is broad, they gravitate towards companies that can benefit immensely from strong narrative building and community engagement, including those in the future of work, fintech, creator economy, and various technology sectors. Their investment philosophy emphasizes the power of clear communication and the ability of a well-told story to attract talent, customers, and subsequent funding.
Typical initial check sizes for Not Boring Capital range from approximately $100,000 to $500,000, positioning them as a crucial early partner for startups. Beyond financial investment, the firm's most significant value proposition lies in its ability to amplify a company's message through Packy McCormick's influential writing and network. This unique blend of capital and media reach helps portfolio companies gain visibility, refine their market positioning, and accelerate their growth, making Not Boring Capital a strategic partner for founders looking to tell their story effectively.
Investor Profile
Not Boring Capital has backed more than 28 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Canada, Switzerland.
- Strong thematic focus on Software, Cryptocurrency, Blockchain.
- Typical check size: $100K – $500K.
Stage Focus
- Seed (64%)
- Pre Seed (14%)
- Series A (11%)
- Series B (7%)
- Series Unknown (4%)
Country Focus
- United States (86%)
- Canada (4%)
- Switzerland (4%)
- Zambia (4%)
- Singapore (4%)
Industry Focus
- Software
- Cryptocurrency
- Blockchain
- Fintech
- Web3
- Health Care
- Environmental Consulting
- Information Technology
- Internet
- Financial Services
Frequently Asked Questions
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