# October Capital

October Capital is a Single Family Office based in Kansas City, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Kansas City, United States
- **Region:** North America
- **Address:** Kansas City, MO, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** octobercapital.com
- **LinkedIn:** https://www.linkedin.com/company/october-capital

## Regulatory record

- **Reports private funds:** No

## About

October Capital was established in 1999 by Ron LeMay and his son Lance LeMay. The office manages capital generated from Ron LeMay’s career at Sprint and later technology activities. The firm targets early-stage, seed, Series A, Series B and growth opportunities. It deploys through direct co-investments and SPVs. Co-investors have included Adams Street Partners in MachineryLink. Activity centers on North America. No headcount or additional offices appear in available records. Adjacent vehicles include OpenAir Equity Partners and Razorback Capital, both managed by Ron LeMay. The LeMay Family Foundation handles separate philanthropic activity. No operational events from the last 24 months are recorded. The office maintains close operational overlap with OpenAir Equity Partners, creating a hybrid structure that combines family capital with a venture platform under shared leadership.

## Sectors

- AgriTech & FoodTech
- FinTech
- Marketing & Sales
- Media & Entertainment
- Supply Chain & Logistics
- InsurTech

## People

- Ron LeMay — Managing Director and Co-Founder
- Lance LeMay — Managing Director and Co-Founder

## Questions

### Who runs investment decisions at October Capital?

Ron LeMay and Lance LeMay serve as managing directors and co-founders. Lance LeMay leads the majority of the firm’s venture investments.

### How is October Capital related to OpenAir Equity Partners?

OpenAir Equity Partners is a venture capital firm co-founded by Ron LeMay that shares significant portfolio overlap and management with October Capital.

### Does October Capital participate in fund commitments or only direct deals?

The firm invests through direct co-investments and SPVs in startups.

### What investment stages does October Capital typically target?

October Capital focuses on early stage, seed, Series A, Series B and growth opportunities.

### Does October Capital maintain philanthropic structures?

The LeMay Family Foundation operates as a separate philanthropic vehicle.

## Related profiles

- [Octave Family Office](https://altss.com/profile/octave-family-office)
- [ODDO BHF Family Office](https://altss.com/profile/oddo-bhf-family-office)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/october-capital

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