# New Age Capital

New Age Capital is a Private Equity based in New York, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** www.newage.vc
- **LinkedIn:** https://www.linkedin.com/company/new-age-capital
- **Wikidata:** Q137720551

## About

New Age Capital sources and invests at the early stage in bootstrapped, high-growth companies building the future through AI-native software and tech-enabled products. They lead rounds at the seed stage in companies with a product in market and at least $500K in revenue, with capital efficiency as a hard criterion. They only invest in United States C-Corp companies and back founders building AI-native software and tech-enabled products in any industry excluding fashion/fashion tech, media, crypto/web3, or medical device companies.

## Sectors

- Enterprise Software
- Digital Health
- PropTech
- FinTech
- Consumer
- Education
- Logistics & Supply Chain
- AI/ML
- Government Tech
- Media & Entertainment

## People

- Ivan Alo — Co-Founder/Managing Partner
- LaDante McMillon — Co-Founder/Managing Partner

## Questions

### Who runs investment decisions at New Age Capital?

Investment decisions are made by the two co-founders and managing partners, Ivan Alo and LaDante McMillon. They launched the firm together in 2016 and remain the named operators driving deal sourcing, due diligence, and portfolio support. The firm's website lists no additional investment partners.

### How does New Age Capital source proprietary deal flow?

The firm uses a deliberate, long-cycle sourcing model. Founders submit through the website portal; New Age then asks interested companies for monthly progress updates and schedules check-ins every few months. The stated preference is to build a relationship for three months to two years before writing a check, which the firm argues sharpens its ability to assess execution quality and founder communication.

### Which sectors does New Age Capital explicitly avoid?

The firm is industry-agnostic within software and tech-enabled businesses, but it publicly excludes four categories: fashion and fashion tech, media, crypto/web3, and medical devices. This carve-out is stated directly on its website's investment criteria page.

### Does New Age Capital take board seats in its portfolio companies?

No. New Age does not take formal board seats. Instead, it operates as a de facto board, convening monthly calls with founders after an investment until the company raises growth capital. The firm maintains this posture to stay close to operations without the governance formalities of a directors' seat.

### How is New Age Capital structurally different from a generalist seed fund?

New Age is a racial-equity thesis fund that operates with institutional process. Both managing partners are Black former founders who transact exclusively in a demographic that remains severely under-allocated: Black and Latino seed-stage entrepreneurs. Its pre-investment diligence cycle spans months, not weeks, and its post-investment focus is on driving portfolio companies to breakeven or profitability before they seek growth capital — a discipline unusual among burn-rate-tolerant seed investors.

## Related profiles

- [New Access Capital](https://altss.com/profile/new-access-capital)
- [New Alliance Capital](https://altss.com/profile/new-alliance-capital)

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Last updated: 2026-08-11T15:07:34.613Z

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