Notation Capital

Notation Capital is a Brooklyn, New York-based pre-seed venture capital firm established in 2015. The firm specializes in providing the earliest institutional capital to startups, often investing before a product is fully developed or a complete team is in place. Their strategy centers on being the initial and frequently the largest check in a company's pre-seed funding round, demonstrating a strong conviction in nascent ideas and founding teams.

Since its inception, Notation Capital has steadily grown its capital base, reflecting its commitment to early-stage investing. The firm has successfully raised four distinct funds: Fund I (2015) with $10 million, Fund II (2017) with $20 million, Fund III (2020) with $30 million, and most recently, Fund IV (2022) which closed at $40 million. This progression brings their total assets under management to approximately $100 million. Their typical initial investment ranges from $500,000 to $1 million, though they are prepared to write checks as small as $250,000 for compelling opportunities.

Notation Capital has built a diverse portfolio of early-stage companies, having invested in over 70 companies across its first three funds by late 2022. The firm plans to add another 20 to 25 companies through its fourth fund. Their hands-on approach involves working closely with founders from the very beginning, leveraging their experience to help navigate the challenges of early company building. This focus on foundational support and deep engagement underscores their role as true partners to their portfolio companies, aiming to foster long-term growth and success from the ground up.