Activant Capital

ActiveVenture Capital

Updated: Jan 22, 2026 ·

About

Activant Capital is a global investment firm founded in 2015, focusing on venture capital and growth equity for high-growth companies transforming commerce. They primarily invest in Series B funding rounds, with an active operational approach to help portfolio companies scale.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
May 1, 2023	Sami	$18.0M Series B	—	Accel, AIX Ventures, Alumni Ventures, BlueRun Ventures, Luisa Sucre, CVS Health, Jenny Fielding, Everywhere Ventures (The Fund), Future Shape, Mundi Ventures, Nazca Ventures, SJF Ventures, Social Starts, Stellar Capital, Surface Ventures, Sutter Hill Ventures, Akhil Paul, Akshay Sriprasad, Austin Walters, Joanne Bradford, Marc Benioff
Feb 1, 2023	Verismo Therapeutics	$7.0M Seed	—	BlueRun Ventures, Future Shape, Mundi Ventures
Sep 1, 2022	OvationCXM	$20.0M Series C	—	DBL Partners, MaC Venture Capital, March Capital, Nyca Partners, Plug & Play Ventures, Scale Venture Partners, Telstra Ventures
Aug 1, 2022	Truework	$50.0M Series C	—	Balderton Capital, BlueRun Ventures, Buckley Ventures, Company Capital, CrunchFund, Curated, Flex Capital, Forerunner Ventures, Founder Collective, Greylock, GSV Asset Management, Indeed.com, IVP, Khosla Ventures, Maven Ventures, Menlo Ventures, Mischief Venture Capital, Next Play Ventures, Resolute Ventures, Ride Ventures, Sequoia Capital, Social Capital, SV Angel, Telescope Partners, Y Combinator, Kintan Brahmbhatt, Noam Bardin, Ran Makavy, Rob Theis, Vipul Ved Prakash, William Hockey
Aug 1, 2022	Fairmarkit	$36.0M Series C	—	Balderton Capital, B Capital Group, BlueRun Ventures, Buckley Ventures, Company Capital, CrunchFund, Curated, Flex Capital, Founder Collective, Greylock, GSV Asset Management, Indeed.com, Insight Partners, Journey Ventures, Khosla Ventures, Madrona Ventures, Menlo Ventures, Neotribe Ventures, Next Play Ventures, Notable Capital, Ride Ventures, Sequoia Capital, Toba Capital, Kintan Brahmbhatt, Rob Theis, Vipul Ved Prakash, William Hockey
Feb 1, 2022	Productboard	$130.0M Series D	—	01 Ventures, 305 Ventures, Altimeter Capital, Ambridge Capital, Ballistic Ventures, Battery Ventures, Bombas, Builders VC, CapitalG, CP Ventures, Craft Ventures, Credo Ventures, CRV, Dawn Capital, Dragoneer Investment Group, DTCP, E-Merge, Formic Ventures, Foundation Capital, Founders Fund, Foundry Group, General Atlantic, Sangeen Zeb, Tom Hulme, Index Ventures, Long Ventures Partners, Modern Venture Partners, Newion Investments, Notion Capital, Oak HC/FT, One Way Ventures, Operator Collective, Pario Ventures, Sequoia Capital, Soma Capital, Streamlined Ventures, Sutter Hill Ventures, Team Ignite Ventures, The Hit Forge, Tiger Global Management, Tribe Capital, UpHonest Capital, Wasabi Ventures, Wave Financial, WestCap, Aaron VanDevender, Andrus Purde, Catherine Lu, Evan Lee, Indrek Kasela, Khaled Helioui, Martin Villig, Märt Kelder, Preetha Parthasarathy, Russell Cook, Ryan Duranso, Sung ho Choi
Jan 1, 2022	Bolt	$360.0M Series E	—	01 Ventures, 305 Ventures, Ambridge Capital, Ballistic Ventures, Bombas, Builders VC, CP Ventures, Craft Ventures, CRV, E-Merge, Formic Ventures, Foundation Capital, Founders Fund, Foundry Group, General Atlantic, Long Ventures Partners, March Capital, Nyca Partners, Oak HC/FT, One Way Ventures, Pario Ventures, Plug & Play Ventures, Sequoia Capital, Soma Capital, Streamlined Ventures, Team Ignite Ventures, The Hit Forge, Tribe Capital, UpHonest Capital, Wave Financial, WestCap, Aaron VanDevender, Andrus Purde, Evan Lee, Indrek Kasela, Khaled Helioui, Martin Villig, Märt Kelder, Preetha Parthasarathy, Russell Cook, Ryan Duranso, Sung ho Choi
Jan 1, 2022	Gr4vy	$15.0M Series A	—	8VC, Alumni Ventures, Cedar Capital Group, Kevin Ding, Founders Fund, Friends & Family Capital, March Capital, Modern Venture Partners, Nyca Partners, Point72 Ventures, Verified Capital, Vine Ventures LP, Workday Ventures, Alain Hanover, William Hockey
Jan 1, 2022	Checkout.com	$1.0B Series D	—	8VC, Alumni Ventures, BoxGroup, Cedar Capital Group, Curie.Bio, Kevin Ding, Dig Ventures, DST Global, Eric Rosenblum, Founders Fund, Insight Partners, Modern Venture Partners, mParticle, NEO, Oak HC/FT, Operator Partners, Picus Capital, QueensBridge Venture Partners, SignalFire, Stellar Capital, Summit Partners, Tiger Global Management, Verified Capital, Viola Ventures, Alain Hanover, Charlie Songhurst, Eric Ries, Frederic Kerrest, Fredrik Österberg, Jan Deepen, Scott Belsky, Spencer Slaine, Stefan Jeschonnek, Varsha Rao
Dec 1, 2021	Mesh Payments	$50.0M Series B	—	8VC, Alumni Ventures, Cedar Capital Group, Kevin Ding, Founders Fund, JLL Spark, Modern Venture Partners, S Capital VC, TLV Partners, Verified Capital, Alain Hanover
Dec 1, 2021	Mendel	$15.0M Series A	—	Addition, Andreessen Horowitz, Awesome Ventures, Balderton Capital, Adeyemi Ajao, Better Tomorrow Ventures, BlueRun Ventures, Bond, Buckley Ventures, Company Capital, CrunchFund, Curated, Flex Capital, Floodgate, foobar.vc, Founder Collective, General Catalyst, Giant Ventures, Greylock, GSV Asset Management, Haystack, Indeed.com, Infinity Ventures, Jetstream, Khosla Ventures, Kleiner Perkins, Liquid 2 Ventures, Lux Capital, Matrix, Menlo Ventures, Next Play Ventures, NFX, Ride Ventures, Sequoia Capital, Tribe Capital, Valor Capital Group, Venture Highway, Bradley Horowitz, Elad Gil, Henry Kravis, Joao Otavio Oliverio, Kintan Brahmbhatt, Leonardo DiCaprio, Manu Ginobilli, Nicholas Francis, Nico Rosberg, Richard Branson, Rob Theis, Tom Blomfield, Vipul Ved Prakash, William Hockey
Nov 1, 2021	Royal	$55.0M Series A	—	01 Advisors, Abstract Ventures, Andreessen Horowitz, Floodgate, Founders Fund, Foundry Group, Freestyle Capital, Haun Ventures, Khosla Ventures, QueensBridge Venture Partners, Streamlined Ventures, Sunset Ventures, The Community Fund, Tribe Capital, Sri Batchu, Steve Schlafman, Sung ho Choi
Nov 1, 2021	Deliverr	$250.0M Series E	—	10T Holdings, 8VC, Alumni Ventures, Bee Partners, Cantos Ventures, Cedar Capital Group, FJ Labs, Haun Ventures, QED Investors, Refactor Capital, Sequoia Capital, Seven Seven Six, Streamlined Ventures, Tribe Capital, Verified Capital, Virta Ventures, Anthony Pompliano, Sung ho Choi
Nov 1, 2021	Jina AI	$30.0M Series A	—	01 Ventures, 305 Ventures, Ambridge Capital, Andreessen Horowitz, at.inc/, Ballistic Ventures, Bessemer Venture Partners, Bombas, Bond, Builders VC, Canaan Partners, CP Ventures, Craft Ventures, CRV, E-Merge, Energy Impact Partners, EQT Ventures, Formic Ventures, Foundation Capital, Founders Fund, Foundry Group, General Atlantic, Kleiner Perkins, Long Ventures Partners, Mango Capital, National Grid Partners, Oak HC/FT, One Way Ventures, Pario Ventures, Sequoia Capital, Soma Capital, Streamlined Ventures, Team Ignite Ventures, The Hit Forge, Tribe Capital, UpHonest Capital, Wave Financial, WestCap, Aaron VanDevender, Andrus Purde, Dylan Field, Evan Lee, Indrek Kasela, Jeremy Stoppelman, Khaled Helioui, Martin Villig, Märt Kelder, Russell Cook, Ryan Duranso, Stewart Butterfield, Sung ho Choi
Nov 1, 2021	CloudTrucks	$120.0M Series B	—	20VC, Andreessen Horowitz, Atomico, Balderton Capital, Benchstrength, Bessemer Venture Partners, BlueRun Ventures, Buckley Ventures, C2 Investment, Caffeinated Capital, Company Capital, Converge Venture Partners, Craft Ventures, CrunchFund, Curated, Daffy, Defy Partners, Dimension Capital, Fitz Gate Ventures, Flex Capital, Flybridge Capital Partners, Founder Collective, Greylock, GSV Asset Management, Heretic Ventures, Indeed.com, Khosla Ventures, Lightspeed Venture Partners, M13, Menlo Ventures, Next Play Ventures, Red Swan Ventures, Ride Ventures, RTP Global, SciFi VC, Sequoia Capital, Seven Seven Six, Sinai Ventures, Weekend Fund, WorkLife Ventures, Andreas Ehn, Anthony Pompliano, Baron Davis, Fidji Simo, Jeremy Yap, John Collison, Kevin Lin, Kintan Brahmbhatt, Mike Krieger, Rob Theis, Scott Belsky, Steve Chen, Vipul Ved Prakash, William Hockey
Oct 1, 2021	Bolt	$390.0M Series D	—	Audrey Capital, General Atlantic, HV Capital, March Capital, Nyca Partners, Plug & Play Ventures, South Park Commons, Tribe Capital, Adam D'Angelo, Bhavin Turakhia, Chris Schagen, Gautam Shah, Justin Mateen, Kunal Shah, Sean Rad
Oct 1, 2021	MoonPay	$560.0M Series A	—	7percent Ventures, Anorak Ventures, Highbury Group, 01 Ventures, 305 Ventures, 9Yards Capital, Aaron VanDevender, Album VC, Alumni Ventures, Ambridge Capital, Andreessen Horowitz, Andrus Purde, Angel investor, Anthony Pompliano, Arrive, Ballistic Ventures, Beckett Layne Ventures, Bessemer Venture Partners, Bill Ackman, BITKRAFT Ventures, Bombas, Builders VC, Casa Verde Capital, Coelius Capital, CP Ventures, Craft Ventures, CRV, E1 Ventures, E-Merge, Evan Lee, Formic Ventures, Foundation Capital, Founders Fund, Foundry Group, General Atlantic, General Catalyst, Greenfield One, Griffin Gaming Partners, Haun Ventures, Henry Fertik, Indrek Kasela, Insight Partners, IVP, K2 Global, Kevin Colas, Khaled Helioui, Koch Fund, Lakeside Capital, Lightspeed Venture Partners, Liza Landsman, Long Ventures Partners, Martin Villig, Märt Kelder, Mechanism Capital, Oak HC/FT, One Way Ventures, Othman Laraki, Paradigm, Pario Ventures, Partners Resolute, Pioneer Fund, Predictive VC, Preetha Parthasarathy, Rashaun Williams, Ribbit Capital, Russell Cook, Ryan Duranso, Sebastien Borget, Sequoia Capital, Sheila Lirio Marcelo, Soma Capital, Sound Ventures, Streamlined Ventures, Sung ho Choi, Team Ignite Ventures, The General Partnership, The Hit Forge, Trevor McFedries, Tribe Capital, TTV Capital, UpHonest Capital, Vera Equity, Wave Financial, WestCap, Winklevoss Capital
Oct 1, 2021	B12	$16.0M Series A	—	Kevin Hartz, Altair Capital Management, Angel investor, AngelList, Anti fund, Brainchild, Craft Ventures, Founders Fund, General Catalyst, Heavybit, Infinite Niches, KAAN Ventures, LAUNCH, Paradigm, Positive Sum VC, Proton Enterprises, Shrug Capital, The Hit Forge, Todd and Rahul's Angel Fund, Trust Fund, Vibe Capital, Alex Rodriguez, Y Combinator, Anthony Pompliano, Babak Nivi, Karim Atiyeh, Kevin Hart, Kyle Vogt, Marcy Simon, Matthew Dellavedova, Moshe Lifschitz, Sahil Lavingia, Sahin Boydas, Scott Belsky, Stephan Schambach
Aug 1, 2021	DICE	$120.0M Series C	—	Andreessen Horowitz, Audrey Capital, Blisce, BlueRun Ventures, Electric Capital, Evolution Equity Partners, Felicis Ventures, Firework Ventures, Future Shape, Karista, Kima Ventures, Ligature, Mundi Ventures, Offline Ventures, Origin Ventures, Portage Ventures, QueensBridge Venture Partners, #SecretFund, Seven Seven Six, Techstars, The Hit Forge, Y Combinator, Anthony Saleh, David Vélez, Guillaume Lestrade, Jean‑Pierre Wyss, Oliver Jung, Rashaun Williams, Thibaud Elziere, Tikhon Bernstam, William Boebel
Jul 1, 2021	NewStore	$45.0M Series B	—	BlueRun Ventures, DN Capital, FJ Labs, Future Shape, General Catalyst, GSV Asset Management, Mundi Ventures, Team Global, Sina Afra
Jul 1, 2021	Eco	$60.0M Series B	—	General Catalyst, Stephan Schambach
Jun 1, 2021	bolttech	$180.0M Series A	—	CRV, Fika Ventures, FPV Fund, Future Shape, G2VP, Highbury Group, Next47, Silverton Partners, Tiger Global Management, Tusk Venture Partners, Upfront Ventures, Upside Partnership, Aaron Levie, Gokul Rajaram, Kevin Nazemi
Jun 1, 2021	Paloma	$4.0M Seed	—	01 Ventures, 305 Ventures, AirAngels, Ambridge Capital, Andreessen Horowitz, Ballistic Ventures, Bombas, Builders VC, CP Ventures, Craft Ventures, CRV, DFJ, Elephant Partners, E-Merge, Formic Ventures, Foundation Capital, Founders Fund, Foundry Group, General Atlantic, Laconia Capital Group, Long Ventures Partners, Montauk Ventures, Oak HC/FT, One Way Ventures, Pario Ventures, Primary Venture Partners, Sequoia Capital, Soma Capital, SRB Ventures, Streamlined Ventures, Team Ignite Ventures, The Hit Forge, Tribe Capital, UpHonest Capital, Wave Financial, WestCap, Aaron VanDevender, Andrus Purde, Daniel Pourasghar, Dylan Field, Eric Wu, Evan Lee, Evan Moore, Indrek Kasela, Julian Shapiro, Khaled Helioui, Martin Villig, Märt Kelder, Neil Parikh, Preetha Parthasarathy, Richard Laxer, Russell Cook, Ryan Duranso, Sri Batchu, Sung ho Choi
May 1, 2021	Carted	$10.0M Seed	—	Haun Ventures, Streamlined Ventures, Tribe Capital, Sung ho Choi
May 1, 2021	Resemble AI	$2.0M Seed	—	Balderton Capital, BlueRun Ventures, Buckley Ventures, Company Capital, CrunchFund, Curated, Flex Capital, Founder Collective, Greylock, GSV Asset Management, Indeed.com, Khosla Ventures, Menlo Ventures, Next Play Ventures, Ride Ventures, Sequoia Capital, Kintan Brahmbhatt, Rob Theis, Vipul Ved Prakash, William Hockey

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Activant Capital.

Leadership Team

Key people at Activant Capital.

Deep Dive

High-Level Overview

Activant Capital is a research-driven global investment firm founded in 2015 that partners with high-growth companies transforming commerce. The firm’s mission centers on providing flexible, long-term capital to growth-stage companies, particularly in technology, e-commerce, supply chain, and SaaS sectors. Activant emphasizes investments in companies with data-heavy business models, marketplaces, and strong network effects leveraging AI and machine learning. With over $1 billion in assets under management, it supports startups primarily in the United States, Germany, and South Africa, helping them scale through strategic and operational expertise[1][2][4].

Origin Story

Founded in 2015, Activant Capital was established to focus on growth investments in software, Internet of Things (IoT), data services, and internet businesses. The firm has evolved by raising five funds and expanding its global presence with offices in Greenwich (CT), New York, Berlin, and Cape Town. Key partners include experienced technology investors and operating executives who bring deep expertise in scaling tech companies. This combination of research-led investment and operational support has shaped Activant’s focus on commerce infrastructure and enterprise IoT sectors[1][2][3][6].

Core Differentiators

Research-Led Investment Model: Activant uses deep research to identify high-growth companies transforming commerce, focusing on data-driven and AI-enabled business models.
Global Network Strength: Offices across the US, Europe, and Africa enable access to diverse markets and founders.
Track Record: Over $1 billion AUM with investments in notable companies like Better.com, Deliverr, Bolt, and Finix.
Operating Support: The team includes seasoned operators who work closely with portfolio companies to provide strategic guidance and help scale operations effectively.
Sector Focus: Specializes in SaaS, supply chain, e-commerce, IoT, and enterprise software, targeting companies with strong network effects and marketplace dynamics[1][2][4].

Role in the Broader Tech Landscape

Activant Capital rides the wave of digital transformation in commerce, particularly the shift toward AI, machine learning, and data-centric business models. The timing is critical as enterprises and marketplaces increasingly rely on software and IoT to optimize supply chains, customer experiences, and operational efficiency. Market forces such as the rise of e-commerce, demand for automation, and the proliferation of connected devices favor Activant’s investment thesis. By backing companies that build commerce infrastructure and autonomous IT systems, Activant influences the broader ecosystem by accelerating innovation in retail, logistics, and financial technology[1][4].

Quick Take & Future Outlook

Looking ahead, Activant Capital is poised to continue expanding its portfolio in AI-driven commerce and enterprise software, capitalizing on trends like autonomous IT, digital supply chains, and fintech innovation. As commerce becomes more interconnected and data-intensive, Activant’s research-driven approach and operational expertise will likely deepen its influence in shaping next-generation commerce platforms. The firm’s global footprint and focus on flexible, long-term capital position it well to support founders navigating complex growth challenges in a rapidly evolving market[1][2][4].

Sources

High-Level Overview

Origin Story

Core Differentiators

Research-Led Investment Model: Activant uses deep research to identify high-growth companies transforming commerce, focusing on data-driven and AI-enabled business models.
Global Network Strength: Offices across the US, Europe, and Africa enable access to diverse markets and founders.
Track Record: Over $1 billion AUM with investments in notable companies like Better.com, Deliverr, Bolt, and Finix.
Operating Support: The team includes seasoned operators who work closely with portfolio companies to provide strategic guidance and help scale operations effectively.
Sector Focus: Specializes in SaaS, supply chain, e-commerce, IoT, and enterprise software, targeting companies with strong network effects and marketplace dynamics[1][2][4].