Venture Capital

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V.Stone Capital

V.Stone Capital is an SEC-registered investment adviser in Greenwich, CT, registered since 2012. The firm manages $67.6 billion in regulatory assets.

V.Stone Capital

V.Stone Capital is an SEC-registered investment adviser in Greenwich, CT, registered since 2012. The firm manages $67.6 billion in regulatory assets. It has 121 employees and 104 investment advisers.

General information

Firm type

Venture Capital

Year founded

2008

Location

Region

Asia

Country

China

City

Greenwich

Corporate office

Shanghai, China

Principals

Vivian Shi

Founding Partner

Sector focus

Enterprise SoftwareAI/MLDigital HealthConsumer Internet

Frequently asked questions

Who runs investment decisions at V.Stone Capital?

Founding partner Vivian Shi leads investment decisions. The firm operates with a lean partnership model common among early-stage China venture firms, with deal selection and portfolio support concentrated in the founding team rather than distributed across sector heads.

Which sectors does V.Stone explicitly avoid?

V.Stone has not publicly disclosed explicit sector exclusions, but its portfolio pattern shows consistent absence from hardware-intensive sectors, semiconductor manufacturing, and capital-heavy industrials. The firm's deal activity clusters in software and digital health.

How does V.Stone source its proprietary deal flow?

V.Stone's sourcing relies on the technical network of its founding team and co-investor relationships in Shanghai and Beijing. The firm's small-fund strategy and focus on technically complex enterprise software deals attract founders through specialist rather than mass-market channels.

What is V.Stone's known posture on co-investments alongside external GPs?

V.Stone regularly co-invests alongside complementary early-stage firms, with public records showing syndication partners that include GGV Capital and Sequoia China. The firm participates in rounds where its technical diligence and founder relationships complement larger generalist investors.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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