Private Equity

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Bay Fund Capital

Bay Capital Plc is an acquisition company with a standard listing on the Official List of the Financial Conduct Authority and shares traded on the main market...

Bay Fund Capital

Bay Capital Plc is an acquisition company with a standard listing on the Official List of the Financial Conduct Authority and shares traded on the main market of the London Stock Exchange (LSE: BAY). It was established in March 2021 to undertake investment or acquisition opportunities of businesses operating within the UK or internationally. Its strategic aim is to drive shareholder value through the acquisition of target companies where there are sustainable growth opportunities both organically and through acquisition. The Company has a broad sector focus and targets areas of fragmentation and high growth potential.

General information

Firm type

Private Equity

Year founded

2021

Location

Region

North America

Country

United States

City

Cupertino

Corporate office

Cupertino, CA, United States

Principals

Rahul Agarwal

Founder & Managing Partner

Sector focus

Enterprise SoftwareAI/MLFinTechDigital HealthCybersecurity

Frequently asked questions

Who makes investment decisions at Bay Fund Capital?

Rahul Agarwal, the firm's founder and managing partner, serves as the primary investment decision-maker. The firm operates with a lean structure where Agarwal leads sourcing, diligence, and portfolio management. This concentrated authority model is designed to enable rapid term-sheet issuance in competitive pre-seed and seed rounds.

How does Bay Fund Capital source its deals?

The firm sources primarily through direct relationships with technical founders, ties to Stanford and other Bay Area research universities, and engagement with accelerator programs such as Y Combinator. Bay Fund Capital does not operate a scout network or rely on a formal syndicate model, distinguishing its sourcing approach from larger venture platforms that depend on distributed networks for deal flow.

What investment stages does Bay Fund Capital target?

Bay Fund Capital focuses on pre-seed and seed-stage investments, often providing the first institutional check into a company. The firm selectively participates in pro-rata follow-on rounds through Series A. It does not lead later-stage growth rounds or participate in structured secondary transactions.

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