Telegraph Hill Capital

John Hart, the firm's founder and managing director, is the central decision-maker. He has led the firm since its 2006 launch and is named on all fund filings. The firm does not publicly list other general partners or investment committee members, suggesting a concentrated governance model where Hart retains final authority on deal execution.

Telegraph Hill targets Seed and Series A investments in enterprise software companies, with exposure to DevOps, API infrastructure, developer tools, and data platforms. The firm writes initial checks of $500,000 to $2 million, typically as one of the first institutional investors in a deal. It does not participate in later-stage growth rounds, instead concentrating capital at the point of highest informational asymmetry and lowest entry valuation.

No. Telegraph Hill does not publicly disclose AUM totals for any of its fund vehicles. The firm's SEC filings as an exempt reporting adviser do not mandate public AUM disclosure, and no external publication has independently verified a figure. The Altss AUM band is listed as Undisclosed.

MuleSoft, the API integration platform, was a Telegraph Hill portfolio company acquired by Salesforce in 2018 for $6.5 billion. The investment was made at the early stage, generating a significant multiple on invested capital given the exit size relative to typical micro-VC fund scale. Sauce Labs is another known portfolio company that achieved material scale.

Telegraph Hill's investor base is not publicly disclosed. Like most micro-VC firms of its vintage, the fund likely relies on a mix of high-net-worth individuals, family offices, and possibly a small number of institutional limited partners. The firm's small fund sizes and concentrated strategy are consistent with a lean LP base rather than a broad institutional fundraising model.