Financials

People

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Initialized Capital

Company

Investment-firm

Financing round

General

About Company
Initialized Capital is an early-stage VC firm that invests in high-potential software startups at seed stage and earlier.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2012

Number of employees

IPO status

Private

Description

The San Francisco-based Initialized Capital Management has over $700M in assets under management and has helped more founders build startups at the earliest possible stage than most anyone you'll meet. The firm has six investing partners and has managed over $3.2B across five core funds since its founding in 2012. Initialized Capital focuses on investing in the technology, mobile, software, and design sectors, and has been the first investor in early teams run by great engineers, designers, and product founders. The firm's startups have created over $200B in market value so far, and Initialized Capital is here to help others like them build meaningful businesses by providing guidance to avoid the 1,000 landmines that can cause certain failure.
Contacts
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Financials

Investments
391
Date 
name 
Lead 
type 
Raised 
06.06.2024
Yes
$4.1M
30.05.2024
Yes
$3.5M
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People

Founders
3
Garry Tan
Garry Tan

Garry Tan

Garry is a designer, engineer, and founder turned early stage investor, co-founding Initialized Capital in 2012. The firm has invested at the earliest stages of companies like Coinbase, Flexport, Instacart, and Cruise. Prior to Initialized, Garry spent nearly 5 years as a partner at Y Combinator, advising and funding more than 1,000 companies and founders. He was co-founder of YC-backed blog platform Posterous (acquired by Twitter in 2012) and previously worked at Palantir as a founding member of the engineering team. He also designed Palantir’s logo. Garry holds a BS in Computer Systems Engineering from Stanford University.

current job

Y Combinator
Y Combinator

count Of Investments

56

count Of Exists

16

Garry Tan

Harjeet Taggar
Harjeet Taggar

Harjeet Taggar

Harj Taggar is a Group Partner at Y Combinator. He was a Co-Founder and CEO at Triplebyte and a Co-founder and President at Auctomatic. He has a master's degree from the University of Oxford.

current job

Y Combinator
Y Combinator

count Of Investments

2

Harjeet Taggar

Alexis Ohanian
Alexis Ohanian

Alexis Ohanian

Alexis Ohanian, born April 24, 1983, is an entrepreneur and investor in Brooklyn, NY, best known as the co-founder and executive chair of reddit, a platform for online communities to share links and have discussions. While he learned his earliest lessons in leadership and web design from his high school Quake 2 clan and Everquest guild, Alexis continued his official studies at the University of Virginia, where he met his future co-founder Steve Huffman during freshman year move-in day. This would lead to the founding of reddit, which he recounted along with many lessons for entrepreneurs, in his national bestseller, Without Their Permission. At UVA, Alexis majored in business and history with a minor in German. Though he had originally planned to become an immigration lawyer, he experienced an epiphany in his junior year (while sitting in a Waffle House) that led him to the realization that he didn't want to practice law. Instead he convinced his best friend Steve to start a company with him. The pair traveled to Cambridge, MA during their senior year spring break to hear Paul Graham give a talk titled "How to Start a Startup." After the lecture, Alexis invited Graham out for a drink so he and Steve could pitch Graham on their business idea. Graham agreed, loved the idea, and suggested they apply to a new seed stage venture firm he'd launched called Y Combinator. Alexis and Steve's original plan was to build an infrastructure that would allow people to order food from their cell phones. Though the idea was rejected, Alexis and Steve were invited to join the first class of Y Combinator, on the condition that they'd come up with a new concept. The next idea they pitched to Graham would become reddit.com.

current job

Y Combinator
Y Combinator

count Of Investments

99

count Of Exists

33

Alexis Ohanian

Employee Profiles
45
Anson MacKinney

Anson MacKinney

Venture Capital Associate

Zoe Beutel

Zoe Beutel

Venture Capital Associate

Abdul Ly

Abdul Ly

Principal

Julianna Vitolo

Julianna Vitolo

Associate

Kat Steinmetz

Kat Steinmetz

Principal

Scott Moss

Scott Moss

Principal

Parul Singh

Parul Singh

Partner

Jennifer Wolf

Jennifer Wolf

President & Partner

Activity

Recent News
22
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