Capital F

Capital F invests at the seed stage in founders building technology for financial services. The firm concentrates on verticals where software is replacing legacy banking, lending, and payments infrastructure, believing that regulatory complexity and incumbency create moats for well-positioned startups. Its thesis is undergirded by the operational experience of its principals within the financial sector.

The firm is defined by its exclusive focus on financial technology, covering sub-verticals such as embedded finance, payments infrastructure, digital lending, compliance and regulatory technology, and insurance. Capital F does not typically stray into general enterprise SaaS, consumer social, or hard tech unless a company's core value proposition directly enables a financial service.

Capital F is an active lead and co-lead investor at the seed stage, writing initial checks that reflect a high-conviction portfolio construction model. The firm collaborates with other early-stage specialists and generalist funds but typically seeks meaningful ownership in its portfolio companies.

The firm concentrates on early-stage investments, specifically at the seed stage. Capital F's strategy is to enter at formation or shortly after product-market fit begins to emerge, providing foundational capital and domain-specific guidance during the most formative years of a fintech company.

While headquartered in San Francisco, Capital F invests across North America and has shown awareness of financial hubs in Europe. Its primary deal flow is concentrated in the United States, where the intersection of technology talent and financial regulatory infrastructure is densest.