DayCap

David Y. Lee serves as Managing Partner and leads investment decisions for the firm. Lee's background combines operational and investing experience, and he is the primary decision-maker for capital deployment at DayCap (per public record). The firm does not publicly list additional general partners or a formal investment committee structure.

DayCap sources deals primarily through founder networks in the Washington D.C., Maryland, and Virginia technology corridor. The firm benefits from proximity to technical talent pools at federal contractors, government research institutions, and regional technology companies that generate enterprise-focused startups. Its local embeddedness provides access to founders who may not appear on the radar of coastal venture funds.

DayCap targets pre-seed through Series A rounds, writing initial checks into companies at their earliest institutional stages. The firm participates in both priced equity rounds and select convertible note financings, occasionally leading rounds but frequently co-investing alongside larger funds that lack local presence in the Mid-Atlantic.

DayCap's disclosed investment activity shows a clear focus on enterprise software, artificial intelligence, cybersecurity, and digital health, with no known positions in consumer social, hardware-intensive robotics, or capital-intensive clean energy manufacturing. The firm has not published an explicit sector exclusion list, but its deployed capital reveals a strong preference for B2B and B2B2C models with recurring revenue potential.

DayCap's investment strategy centers on direct startup investments rather than fund-of-funds commitments. The firm's known portfolio consists entirely of direct company positions, with no public record of LP commitments into other venture funds. This concentrated direct-investment approach aligns with emerging managers who optimize for deep engagement with a limited number of portfolio companies.

DayCap has not publicly disclosed its assets under management or individual fund sizes. As an emerging manager likely operating its first or second institutional vehicle, the firm maintains a deliberately understated public footprint. AUM figures for firms of this size and stage are typically revealed only through LP disclosures or regulatory filings, neither of which is publicly available as of the latest review.

DayCap actively co-invests alongside larger coastal venture funds that lack deal flow access in the Mid-Atlantic. The firm's portfolio construction suggests it frequently participates as a co-investor rather than a sole institutional backer, leveraging its regional presence to earn allocations in rounds led by funds headquartered in the Bay Area, New York, or Boston when those investors seek local co-investors for deals outside their geographic core.