Integr8d Capital

John S. Reale, Jr., the founder and Managing Director, is the central decision-maker, supported by Partner Trent Miskelly. Reale's concurrent roles — Venture Partner at Texas Medical Center Innovation and Director for Startups at the Ion — mean he is deeply embedded in the deal flow that feeds the firm's pipeline. The lean team structure suggests a concentrated, principal-led investment process rather than a committee-driven model.

Deal flow appears to originate through Reale's institutional positions within Houston's innovation infrastructure — specifically his Venture Partner role at TMC Innovation and his work with the Ion, the 300,000-square-foot tech hub that succeeded Station Houston, which Reale co-founded. The firm also maintains relationships with local co-investors like Mercury Fund. This embedded sourcing model gives Integr8d early access to spinouts, university research commercialization, and corporate venture partnerships concentrated in Houston.

Integr8d Capital appears to use a deal-by-deal, series-based structure rather than a traditional committed-capital venture fund. SEC filings show multiple Delaware-listed series vehicles — Deal XXIV and Deal XXV — which suggests investors enter on a per-deal basis. This gives Reale flexibility on timing and check size without the fixed deployment clock of a closed-end fund.

The firm targets early-stage companies. While it does not publish a formal sector mandate, its deep ties to the Texas Medical Center and the Ion — a hub for energy, health, and enterprise startups — suggest a focus on healthtech, energy transition, and enterprise software. The Mercury Fund co-investment relationship further reinforces an early-stage, Houston-centric, tech-adjacent portfolio profile.

No. Integr8d Capital does not publicly report assets under management. Given the firm's lean structure and series-based, deal-by-deal vehicle design, its capital deployment is likely opaque to outsiders and may fluctuate deal to deal. Allocators should not expect the quarterly AUM updates typical of institutional venture firms.

John Reale co-founded Station Houston, the city's first major startup hub, which was later absorbed into the Ion — a 300,000-square-foot Rice University innovation district project. Reale now serves as Director for Startups at the Ion, a paid role that gives him daily visibility into new company formation. Integr8d Capital is a separate entity from both Station Houston and the Ion, but its origination pipeline is structurally linked to Reale's ongoing work there.

Yes. Mercury Fund, one of Houston's most established early-stage venture firms, appears as a frequent co-investment partner in Altss records. The firm also maintains connections through Reale's board role at Houston Exponential and his membership in the Greater Houston Partnership's Innovation Advisory Board, suggesting a collaborative posture with other local capital providers.