Private Equity

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Presence Capital

Presence Capital is an early-stage venture capital firm focused on virtual reality (VR) and augmented reality (AR) startups. It invests in and supports...

Presence Capital logo

Presence Capital

Presence Capital is an early-stage venture capital firm focused on virtual reality (VR) and augmented reality (AR) startups. It invests in and supports talented entrepreneurs utilizing these technologies to bring new ways of communicating, working, and playing to market. The firm launched with an inaugural fund of $10 million as the first VC firm focused solely on early-stage VR and AR companies.

General information

Firm type

Private Equity

Year founded

2015

AUM

$10M

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Amitt Mahajan

Managing Partner

Paul Bragiel

Managing Partner

Phil Chen

Managing Partner

Sector focus

Augmented RealityVirtual RealityEnterprise SoftwareMedia & EntertainmentGaming

Frequently asked questions

What is the investment focus of Presence Capital?

Presence Capital invests in early-stage augmented reality (AR) and virtual reality (VR) companies. Its strategy covers seed and start-up rounds, targeting the application layer — software and content — rather than underlying hardware. The firm's public communications frame AR and VR as technologies that will transform communication, work, and play.

Does Presence Capital publicly disclose its portfolio companies?

No. Presence Capital does not publish a portfolio page or list of active investments on its website. This limits third-party diligence on its track record, exposure mix, and co-investor relationships.

Who makes investment decisions at Presence Capital?

Presence Capital does not publicly name its managing partners, principals, or investment committee members. No individual decision-makers are identified on the firm's website or in primary sources consulted.

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