
Torch Capital
Description
Torch Capital is a New York-based early-stage venture capital firm with a distinct focus on consumer technology and the foundational infrastructure that supports it. Established to back the next generation of consumer brands and platforms, the firm primarily invests across Seed and Series A stages, often taking a lead or co-lead position in these crucial early rounds. Their investment thesis extends to companies that are directly shaping consumer experiences, as well as the underlying technologies that enable these innovations.
The firm emphasizes a hands-on approach, leveraging its team's operational expertise and extensive network to support portfolio companies beyond just capital. They seek founders with compelling visions and strong execution capabilities, aiming to partner with them through critical growth phases. Torch Capital's strategic insights are particularly valuable for startups navigating the complexities of consumer markets, from brand building and customer acquisition to scaling operations and technology infrastructure.
Torch Capital has steadily grown its capital base, reflecting its increasing influence in the early-stage consumer tech landscape. Their latest fund, Fund III, closed in 2022 with $200 million, bringing the firm's total assets under management to approximately $350 million across three funds. For initial investments, Torch Capital typically deploys first checks ranging from $1 million to $8 million, demonstrating their commitment to providing substantial early-stage capital while also reserving capital for follow-on investments as their portfolio companies mature. This flexible approach allows them to support promising ventures from inception through significant growth milestones.
Investor Profile
Torch Capital has backed more than 84 startups, with 13 new investments in the last 12 months alone. The firm has led 11 rounds, about 13% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Canada.
- Strong thematic focus on Health Care, Financial Services, FinTech.
- Led 3 rounds in the past year.
- Typical check size: $1M – $8M.
Stage Focus
- Seed (42%)
- Series A (25%)
- Series Unknown (10%)
- Pre Seed (10%)
- Series B (8%)
- Debt Financing (2%)
- Series F (1%)
- Series D (1%)
- Series C (1%)
Country Focus
- United States (85%)
- United Kingdom (7%)
- Canada (4%)
- Spain (4%)
- Germany (1%)
Industry Focus
- Health Care
- Financial Services
- Fintech
- Software
- Wellness
- Apps
- Food And Beverage
- Health Diagnostics
- Information Technology
- Mental Health
Frequently Asked Questions
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