# Goat Capital

Goat Capital is a Private Equity based in San Francisco, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** goat.vc
- **LinkedIn:** https://www.linkedin.com/company/goatcap

## Regulatory record

- **CRD number:** 308085
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/308085

## About

Goat Capital is a venture capital firm founded in 2020 in San Francisco, California. It invests in startups, providing funding and resources to early-stage companies. The firm has made 27 investments, including a Series A investment in Cerrion on November 24, 2025.

## Sectors

- AI/ML
- Enterprise Software
- Gaming & eSports
- Media & Entertainment
- FinTech

## People

- Robin Chan — General Partner
- Justin Kan — General Partner

## Questions

### Who makes investment decisions at Goat Capital?

Robin Chan and Justin Kan are the General Partners and primary decision-makers. Kan co-founded Twitch and was a partner at Y Combinator; Chan is a serial entrepreneur and angel investor who co-founded Operator and served as an early-stage venture partner. The firm runs a flat partnership structure without a large investment committee.

### How does Goat Capital source deals?

The firm leans heavily on the networks both partners built through their operating careers. Kan's prominence in the startup and creator communities — through Twitch, Y Combinator, and his content creation — surfaces a steady pipeline of founder referrals. Chan brings his own network from prior ventures and his angel investing history, giving the firm a dual-sourcing funnel that doesn't depend on traditional GP marketing or cold outreach.

### What investment stages does Goat Capital target?

Goat Capital writes checks at pre-seed and seed, occasionally leading rounds. The firm's public portfolio — including Maven, Party Round, and Clubhouse — shows a pattern of backing companies very early, often before they have established revenue models, with a focus on product-market fit and community-driven growth mechanics.

### Is Goat Capital structured as a fund or a syndicate?

Goat Capital operates as a traditional venture firm rather than a rolling syndicate or SPV-only vehicle, though its specific fund structure and LP base remain undisclosed. The firm's public materials position it as a partnership making equity investments, not as an angel syndicate.

## Related profiles

- [Goanna Capital](https://altss.com/profile/goanna-capital)
- [Goat Rodeo Capital](https://altss.com/profile/goat-rodeo-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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