Alpaca VC

ActiveVenture Capital

Updated: Dec 24, 2025 ·

About

Alpaca VC is an investment firm focused on technology that reshapes the real world, particularly at the intersection of real estate and commerce. They leverage deep industry expertise to support startups.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 5, 2026	Brilliant Harvest	$4.0M Seed	—	AltaML, Automotive Ventures, Builders VC, FTW Ventures, NYA Ventures, SVG Ventures
Aug 1, 2025	Lorikeet	$35.0M Series A	—	Blackbird Ventures Australia, King River Capital, Picus Capital, QED Investors, Spider Capital, Square Peg Capital, Webb Investment Network, Claire Hughes Johnson, Cristina Cordova
Jun 1, 2025	PaidHR	$3.0M Seed	—	Accion Venture Lab
May 1, 2025	Palla	$15.0M Series A	—	Krillion Ventures, Revolution Ventures
Feb 1, 2025	Lorikeet	$9.0M Seed	—	Blackbird Ventures Australia, King River Capital, Picus Capital, QED Investors, Spider Capital, Square Peg Capital, Webb Investment Network, Claire Hughes Johnson, Cristina Cordova
Jan 1, 2025	Foyer	$6.0M Seed	—	Accion Venture Lab, Brick & Mortar Ventures, Austin Ogilvie
Dec 1, 2024	Gentrace	$8.0M Series A	—	Kevin Hartz, Alven, Banana Capital, Blackbird Ventures Australia, Calibrate Ventures, Coinbase Ventures, Craft Ventures, Essence VC, Jett Fein, Headline (formerly e.ventures), K9 Ventures, Operator Collective, Pioneer Fund, QED Investors, Square Peg Capital, SV Angel, Top Tier Capital Partners, Y Combinator, Alexis Bonillo, Antoine Martin, Cecilia Stallsmith, Claire Hughes Johnson, Guillaume Luccisano, Julius Genachowski, Khaled Helioui, Marco Palladino, Pierre-Yves Ricau, Surahbi Gupta, Ty Smith, Wayne Chang
Nov 1, 2024	Soverin	$150K Seed	—	Amino Capital, Andreessen Horowitz, Asymmetric Capital Partners, B Capital Group, Forum Ventures, Kleiner Perkins, Long Journey Ventures, Pioneer Fund, Prototype Capital, Revolution Growth, SV Angel, Adrian Aoun, James Watt, Johnny Boufarhat, Sue Xu
Oct 1, 2024	Lorikeet	$5.0M Seed	—	Kevin Hartz, Andreessen Horowitz, Blackbird Ventures Australia, Creandum, FasterCapital, First Round Capital, Frontier Ventures, ICONIQ Capital, Javelin Venture Partners, Lead Edge Capital, QED Investors, Sequoia Capital, Square Peg Capital, Susa Ventures, Claire Hughes Johnson, Cristina Cordova, Gordon Wintrob, Louis Beryl, Scott Belsky, Zack Kanter
Oct 1, 2024	Omnea	$20.0M Series A	—	Accel, Aster Capital, Adeyemi Ajao, Blackbird Ventures Australia, First Round Capital, Frontline Ventures, Insight Partners, Khosla Ventures, LocalGlobe, MMC Ventures, Picus Capital, Point Nine Capital, QED Investors, Seedcamp, Square Peg Capital, Stride VC, Ameet Patel, Charlie Songhurst, Claire Hughes Johnson, Cristina Cordova, Guy Podjarny, Harsh Sinha, Luca Ascani, Massimo Ciociola, Ron Pragides, Tim Sadler, Tony Jamous
Sep 1, 2024	Air Company	$69.0M Series B	—	2045 ventures, Afore Capital, Alumni Ventures, Aux21 Capital, Golden Ventures, Innovation Endeavors, Lightspeed Venture Partners, M13, Makers Fund, Multicoin Capital, Sterling Equity, Trucks Venture Capital, Kevin Lin
Feb 1, 2024	Buildstock	$2.0M Seed	—	Acequia Capital, Altair Capital Management, Alumni Ventures, Array Ventures, Banana Capital, Brighter Capital, Canonical Crypto, DCM, ENIAC Ventures, FJ Labs, Forerunner Ventures, Gutter Capital, Haystack, Ingeborg Investments, Kleiner Perkins, Muse Capital, Pareto Holdings, Precursor Ventures, Preston-Werner Ventures, Primetime Partners, Rally Ventures, Seven Seven Six, SmartStart Fund, The Hit Forge, Christian Bach, Christian Reber, Fredrik Björk, Hannah Bronfman, Jeffrey Wilke, Koen Bok, Ran Makavy
Feb 1, 2024	PermitFlow	$31.0M Series A	—	Amino Capital, Andreessen Horowitz, Asymmetric Capital Partners, B Capital Group, Bessemer Venture Partners, Cyberstarts VC, Aniq Kassam, Forum Ventures, Founder Collective, Founders Fund, Fusion VC, Initialized Capital, Innovation Endeavors, Kleiner Perkins, Long Journey Ventures, Pareto Holdings, Pioneer Fund, Prototype Capital, Recursive Ventures, Revolution Growth, SV Angel, Walden Catalyst Ventures, Y Combinator, Adrian Aoun, Immad Akhund, James Watt, Jason Katzer, Johnny Boufarhat, Mark Cuban, Namrata Ganatra, Sahin Boydas, Sue Xu
Jan 1, 2024	Wthn	$5.0M Series A	—	Bam Ventures, Dream VC, Rainfall Ventures
Jan 1, 2024	Kashable	$26.0M Series B	—	FirstMark Capital, FJ Labs, Krillion Ventures, Peterson Partners, Peterson Ventures, Revolution Ventures, Spark Capital, Matt Coffin
Dec 1, 2023	VAST Data	$120.0M Series E	—	2048 Ventures, Afore Capital, Bowery Capital, Canvas Ventures, Founder Collective, Looking Glass Capital, M13, Carmen Chang, New Enterprise Associates
Feb 1, 2023	Webacy	$4.0M Seed	—	Accelr8, Double Down, Pareto Holdings, Vayner RSE, AJ Vaynerchuk, Jason Robins
Feb 1, 2023	The Believer Company	$55.0M Series A	—	2045 ventures, Afore Capital, Alumni Ventures, Aux21 Capital, Golden Ventures, Innovation Endeavors, Lightspeed Venture Partners, M13, Makers Fund, Multicoin Capital, Sterling Equity, Trucks Venture Capital, Kevin Lin, Andreessen Horowitz, Ashby Monk, BCF Ventures, Cleveland Avenue, Dune Ventures, Ingeborg Investments, Lauren Loktev, LOUD Capital, Mitch Garber, Revolution, Sixty8 Capital
Dec 1, 2022	lockr	$3.0M Seed	—	01 Advisors, 040 Capital, AAF Management Ltd., AirAngels, Alchemy Ventures, Andreessen Horowitz, Archetype, Backed VC, Basecamp Fund, Blockchain.com Ventures, Brainchild, CrunchFund, Matt Ocko, FJ Labs, Flashpoint VC, Founder Collective, Founders Fund, Gaingels, Grit Capital Partners, Hack VC, Incisive Ventures, Khosla Ventures, KW Angel Fund, LAUNCHub Ventures, Lavrock Ventures, Lightbank, Lightspeed Venture Partners, Long Journey Ventures, MarsBio, Mosaic Ventures, Offline Ventures, Palisades Growth Capital, Pioneer Square Labs, Play Ventures, Presight Capital, Shrug Capital, SOSV, Supernode Ventures, Tekton Ventures, Todd and Rahul's Angel Fund, Tuesday Capital, Union Square Ventures, VZVC, Wave Capital, What If Ventures, Zag Capital, Ahikam Kaufman, Alex Pack, Anastasia Andrianova, Bradley Horowitz, Brendan O'Driscoll, Eric Seufert, Erik Matlick, Esther Dyson, Fernando Martinelli, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister, Stani Kulechov, Tim Kendall
Nov 1, 2022	ARTA	$90.0M Series A	—	2045 ventures, Accel, Afore Capital, Alumni Ventures, Asylum Ventures, Aux21 Capital, B Capital Group, Berkeley Angel Network, Coinbase Ventures, Commerce Ventures, DST Global, FTAC Ventures, Golden Ventures, Innovation Endeavors, Intuit Ventures, Kindred Ventures, Lightspeed Venture Partners, M13, Makers Fund, Merak Ventures, Multicoin Capital, Shailendra Singh, Peak XV Partners (formerly Sequoia Capital India & SEA), Penny Jar Capital, Point72 Ventures, Quona Capital, Sarona Ventures, Serena Ventures, Seven Seven Six, Sterling Equity, Trucks Venture Capital, Venture Highway, Y Combinator, Aaron Harris, Alex Lieberman, Andre Iguodala, Baris Gultekin, Claire Hughes Johnson, Gokul Rajaram, Justin Timberlake, Kelvin Beachum Jr., Kevin Lin, Kunal Shah, Mohit Saxena, Peter Kight, Rohit Gupta, Ryan Shea
Oct 1, 2022	Abingdon Software Group	$20.0M Seed	—	2045 ventures, Afore Capital, Alumni Ventures, Aux21 Capital, Golden Ventures, Innovation Endeavors, Lightspeed Venture Partners, M13, Makers Fund, Multicoin Capital, Sterling Equity, Trucks Venture Capital, Kevin Lin
Sep 1, 2022	EarlyDay	$3.0M Seed	—	14Peaks Capital, Double Down, exe, FJ Labs, Forefront Venture Partners, Gutter Capital, Ingeborg Investments, Matrix, Parade Ventures, Pareto Holdings, Precursor Ventures, Serena Ventures, Teamworthy Ventures, Vayner RSE, Claude Johnson, Jason Robins, Jawed Karim, Marco A. Casas, Mark Cuban, Matt Turk, Michael Birch, Nate Cavanaugh, Rand Hindi, Roger Dickey, Tim Lenardo
Jun 1, 2022	Omnea	$5.0M Seed	—	Accel, ArcTern Ventures, Blackbird Ventures Australia, Blockchain Valley Ventures, Crane Venture Partners, Dig Ventures, Double Prime LLP, First Round Capital, Founders Fund, Frontline Ventures, General Catalyst, Insight Partners, Khosla Ventures, LAUNCHub Ventures, LocalGlobe, MMC Ventures, Olima Ventures, Passion Capital, Point Nine Capital, QED Investors, Seedcamp, Square Peg Capital, Stride VC, Charlie Songhurst, Claire Hughes Johnson, Cristina Cordova, Harsh Sinha, James Isilay, Michael Pennington, Michael Stoppelman, Will Brooks, Will Martin
Apr 1, 2022	Swoops	$4.0M Seed	—	Amino Capital, Andreessen Horowitz, Asymmetric Capital Partners, B Capital Group, Brand New Matter, Double Down, Forum Ventures, Kleiner Perkins, Long Journey Ventures, Pareto Holdings, Pioneer Fund, Prototype Capital, Revolution Growth, super{set}, SV Angel, Vayner RSE, Adrian Aoun, James Watt, Jason Robins, Johnny Boufarhat, Sue Xu
Mar 1, 2022	Airhouse	$11.0M Series A	—	20VC, Andreessen Horowitz, BITKRAFT Ventures, Defy Partners, DNX Ventures, FirstHand Alliance, FJ Labs, Fusion Fund, General Atlantic, Giza Polish Ventures, Grace Beauty Capital, Highland Capital Partners, Indus Valley Capital, Khosla Ventures, Kompas VC, MS&AD Ventures, Multicoin Capital, Partech Ventures, Second Century Ventures, Sequoia Capital, Seven Seven Six, SoftBank Investment Advisers, Soma Capital, Spark Capital, Techstars, The Hit Forge, Todd and Rahul's Angel Fund, Trajectory Ventures, Vibe Capital, Weekend Fund, WorkLife Ventures, Ajay Yadav, Balaji Srinivasan, Gabriel Jarrosson, Hakan Koc, Jonathan Cornelissen, Kyle York, Philippe Teixeira da Mota, Varun Srinivasan

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Alpaca VC.

Leadership Team

Key people at Alpaca VC.

Deep Dive

High-Level Overview

Alpaca VC is a seed-stage venture capital firm based in New York that invests primarily in North American startups at the intersection of the physical and digital worlds. Their mission is to transform traditional industries—especially real estate, commerce, logistics, and supply chain—by backing founders who layer technology over daily life to power the real world. They focus on sectors such as proptech, marketplaces, e-commerce, energy, and logistics, investing typically between $500K and $2M in seed rounds and occasionally leading these rounds. Alpaca VC supports founders with hands-on operational guidance, strategic advice, and access to a broad network, aiming to help startups scale efficiently from seed to Series A and beyond[1][2][3][7].

Origin Story

Founded in 2014 by General Partners including David Goldberg and Daniel Fetner, Alpaca VC emerged from entrepreneurial and real estate operator backgrounds, notably linked to Corigin, a real estate operator. The firm evolved with a thematic, research-driven approach focused on foundational industries where technology can disrupt physical commerce and real estate. The leadership team combines experience in entrepreneurship, investment banking, and company building, which informs their deep sector expertise and active engagement with portfolio companies. Early traction came from investments in companies like Minibar Delivery, ClassPass, and Transfix, which helped establish their reputation as a value-adding investor in commerce and real estate tech[1][3][5].

Core Differentiators

Thematic, Research-Driven Investment Model: Alpaca VC uses a repeatable, thesis-driven approach grounded in their Field Studies program, which involves deep research into sectors where physical and digital worlds converge.
Strong Network and Industry Expertise: Their roots in real estate and commerce provide unique deal structuring insights and introductions to major asset allocators and tech leaders.
Hands-On Operating Support: The team offers strategic guidance, operational playbooks, and active mentorship, going beyond capital to help founders refine products and scale.
Track Record in Foundational Industries: Their portfolio spans logistics, proptech, energy, and commerce startups, reflecting a focus on transforming essential infrastructure and supply chains.
Founder-Market Fit Focus: They prioritize startups tackling non-obvious markets with innovative solutions, emphasizing long-term partnerships[1][3][5][7].

Role in the Broader Tech Landscape

Alpaca VC rides the trend of digital transformation in foundational, physical industries such as real estate, logistics, and commerce. The timing is critical as these sectors undergo rapid technological disruption driven by advances in software, automation, and data analytics. Market forces like increasing demand for supply chain efficiency, sustainable energy, and smart infrastructure create fertile ground for innovation. Alpaca VC influences the ecosystem by bridging traditional industries with cutting-edge technology, enabling startups to modernize how goods and services move and are managed in the real world. Their focus on the "atoms meeting algorithms" theme positions them as key enablers of the next wave of industrial and commercial innovation[1][2][3][7].

Quick Take & Future Outlook

Looking ahead, Alpaca VC is poised to deepen its impact by continuing to back startups that integrate technology into physical commerce and infrastructure. Trends such as AI-driven supply chain optimization, renewable energy tech, and proptech innovations will likely shape their investment focus. Their influence may grow as they leverage their network and operational expertise to help portfolio companies scale globally. Alpaca VC’s commitment to founder support and thematic investing suggests they will remain a pivotal player in transforming traditional industries through technology, reinforcing their role as a bridge between the physical and digital economies[1][3][7].

Sources

High-Level Overview

Origin Story

Core Differentiators

Thematic, Research-Driven Investment Model: Alpaca VC uses a repeatable, thesis-driven approach grounded in their Field Studies program, which involves deep research into sectors where physical and digital worlds converge.
Strong Network and Industry Expertise: Their roots in real estate and commerce provide unique deal structuring insights and introductions to major asset allocators and tech leaders.
Hands-On Operating Support: The team offers strategic guidance, operational playbooks, and active mentorship, going beyond capital to help founders refine products and scale.
Track Record in Foundational Industries: Their portfolio spans logistics, proptech, energy, and commerce startups, reflecting a focus on transforming essential infrastructure and supply chains.
Founder-Market Fit Focus: They prioritize startups tackling non-obvious markets with innovative solutions, emphasizing long-term partnerships[1][3][5][7].