
Darco Capital
Financial History
Leadership Team
Key people at Darco Capital.

Key people at Darco Capital.
Darco Capital is a single-family office managing the assets of entrepreneur David Adelman, focusing on venture and growth investments primarily in climate tech, consumer brands, sports, fintech, real estate, deep tech, and enterprise technology. The firm leverages Adelman’s extensive operator experience—particularly from scaling Campus Apartments into a $2 billion platform—to actively support founder-led companies with strategic guidance in go-to-market, financing, team building, and scaling challenges. This hands-on approach aims to accelerate growth and impact within its portfolio, contributing meaningfully to the startup ecosystem by backing innovative companies across diverse sectors[1][4].
Founded in 2010 and headquartered in Philadelphia, Darco Capital serves as the family office for David Adelman, a self-made entrepreneur known for co-founding FS Investments and growing Campus Apartments from a small business to a national leader in student housing. Adelman’s entrepreneurial journey and operational insights directly inform Darco Capital’s investment philosophy, emphasizing founder support and sector expertise. Over time, the firm has evolved from managing family wealth to becoming an active investor in later-stage ventures, expanding its focus to include climate tech, fintech, and enterprise technology alongside real estate and consumer products[1][2][4][5].
Darco Capital rides the growing trend of family offices actively participating in venture capital, especially in sectors like climate tech and fintech that are experiencing rapid innovation and regulatory momentum. The timing aligns with increasing demand for sustainable technologies and digital financial services, where operator expertise can significantly de-risk growth-stage investments. By combining capital with operational guidance, Darco Capital influences the ecosystem by enabling startups to scale more efficiently and responsibly, fostering innovation that addresses pressing global challenges and consumer needs[1][4].
Looking ahead, Darco Capital is likely to deepen its involvement in climate tech and enterprise technology, sectors poised for transformative growth driven by sustainability imperatives and digital transformation. Its operator-led model positions it well to capitalize on emerging trends such as AI integration in fintech and sustainable real estate development. As the family office continues to evolve, its influence may expand beyond capital provision to becoming a key strategic partner for founders navigating complex scaling challenges, thereby shaping the trajectory of innovative startups in its core sectors[1][4].
This trajectory reflects David Adelman’s commitment to leveraging entrepreneurial experience to build impactful companies, reinforcing Darco Capital’s role as a catalyst for founder-led growth in the evolving tech and investment landscape.
Key people at Darco Capital.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2025 | Ballers | $20.0M Series A | — | Bascom Ventures, Sharp Alpha Advisors, Vayner RSE, Roger Ehrenberg |
| May 1, 2025 | Outcomes4Me | $21.0M Series A | — | Asset Management Ventures, Breakthrough Energy Ventures, Healthy Ventures, Northpond Ventures, SOSV, Tet Ventures, Mark Cuban |
| Mar 1, 2025 | Aescape | $83.0M Venture Round | — | AlleyCorp, Alumni Ventures, Breakthrough Energy Ventures, Craig Shapiro, Fifth Wall, Ahmir Khalib Thompson, Bradley Horowitz, John Legend, Kevin Love, LeBron James, Mark Cuban, Rob May |
| Mar 1, 2025 | Ovlo | $500K Seed | — | Acrobator Ventures, Davidovs VC, Molten Ventures, Y Combinator, Anil Stocker, Bala Chandra, Chafic Kazoun, Gabriel Jarrosson, Ilya Golubovich, Ilya Kondrashov |
| Jun 1, 2024 | Prolific Machines | $55.0M Series B | — | Breakthrough Energy Ventures, Northpond Ventures, SOSV, Tet Ventures, Mark Cuban |
| Feb 1, 2024 | Ingrediome | $2.0M Seed | — | Breakthrough Energy Ventures, Northpond Ventures, SOSV, Tet Ventures, Mark Cuban |
| Aug 1, 2023 | Fantasy Life | $2.0M Seed | — | Sharp Alpha Advisors, Vayner RSE, Roger Ehrenberg |
| Jul 1, 2023 | Dioxycle | $17.0M Series A | — | 8090 Industries, Balderton Capital, Breakthrough Energy Ventures, Sophie Bakalar, Collaborative Fund, Future Africa, Gigascale Capital, Lowercarbon Capital, Northpond Ventures, Saga, SOSV, Tet Ventures, Union Square Ventures, Adam D'Angelo, Amjad Masad, Mark Cuban, Sam Altman, Surahbi Gupta |
| Jul 1, 2023 | Aeroseal | $67.0M Series B | — | Breakthrough Energy Ventures, Craig Shapiro, DBL Partners, Future Shape, GE Ventures, OGCI Climate Investments (CI), Paladin Capital Group, Piva Capital, Ahmir Khalib Thompson, Bradley Horowitz, John Legend, Kevin Love, LeBron James, Mark Cuban |
| May 1, 2023 | Together AI | $20.0M Seed | — | 1984 Ventures, Acrobator Ventures, Addition, Audrey Capital, Canaan Partners, Davidovs VC, Decibel Partners, Jenny Fielding, Scott Hartley, FirstHand Alliance, Flex Capital, General Catalyst, GoAhead Ventures, Great Oaks Venture Capital, Lux Capital, Molten Ventures, NEO, Point72 Ventures, Predictive VC, Saxena Capital, Sherpalo Ventures, Susa Ventures, Marco DeMeireles, TechAviv Founder Partners, The Hit Forge, Thirty Five Ventures, Torch Capital, Alex Rodriguez, Walden International, Y Combinator, Zigg Capital, Allison Pickens (Allison Pickens Ventures), Anil Stocker, Bala Chandra, Bob Young, Gabriel Jarrosson, Gil Hirsch, Girish Mathrubootham, Ilya Golubovich, Ilya Kondrashov, Jennifer Lopez, Spencer Kimball |
| Mar 1, 2023 | SlamBall | $11.0M Series A | — | CRV, Diaspora Ventures, KB Partners, Origins, Sharp Alpha Advisors, Thirty Five Ventures, Union Square Ventures, Vayner RSE, Wildcard Ventures, Antoine Martin, Jeff Chang, Roger Ehrenberg, Ron Pragides |
| Feb 1, 2023 | Soveren | $4.0M Seed | — | Acrobator Ventures, Addition, Atomico, Davidovs VC, Entrepreneur First, Expa, MizMaa Ventures, Molten Ventures, Moonfire Ventures, Aaron Jacobson, Octopus Ventures, Outrun Ventures, Passion Capital, TrueSight Ventures, Y Combinator, Alexander Aghassipour, Anil Stocker, Bala Chandra, Bradley Horowitz, Chafic Kazoun, Charles Delingpole, Charlie Songhurst, Dan Magnuszewski, Fredrik Hjelm, Gabriel Jarrosson, Ilya Golubovich, Jeppe Rindom, Ott Kaukver, Phillip Chambers, Taavi Kotka, Thomas Dohmke, Tom Blomfield, Yi Luo |
| Nov 1, 2022 | MeliBio | $2.0M Seed | — | Breakthrough Energy Ventures, Collaborative Fund, Ahmir Khalib Thompson, John Legend, Kevin Love, LeBron James, Mark Cuban |
| Nov 1, 2022 | Aescape | $30.0M Series A | — | AlleyCorp, Alumni Ventures, Breakthrough Energy Ventures, Craig Shapiro, Fifth Wall, Ahmir Khalib Thompson, Bradley Horowitz, John Legend, Kevin Love, LeBron James, Mark Cuban, Rob May |
| Sep 1, 2022 | JusticeText | $2.0M Seed | — | Arrive, Atlantic Bridge University Fund, Bennu, Breakthrough Energy Ventures, Browder Capital, Craig Shapiro, Flex Capital, Founder Collective, Gigascale Capital, Greylock, Horizon 3 Venture Studio, Mangrove Capital Partners, NEO, Operator Ventures, Ribbit Capital, Silicon Ventures, TenOneTen Ventures, Todd and Rahul's Angel Fund, Aaron Levie, Ahmir Khalib Thompson, Amy Chang, Curtis Lee, Dylan Field, Elliot Shmukler, Eric Wei, Eric Wu, Gina Bianchini, Gokul Rajaram, Harris Barton, Hunter Horsley, Joshua Reeves, Kevin Love, LeBron James, Mark Cuban, Mark Pincus, Matias Woloski, Michael Stoppelman, Scott Kleper |
| Sep 1, 2022 | Prolific Machines | $42.0M Series A | — | Accomplice VC, Bonfire Ventures, Breakthrough Energy Ventures, Courtside Ventures, Cultivation Capital, ENIAC Ventures, Fifth Wall, Framework Ventures, Future Energy Ventures, Northpond Ventures, Prototype Capital, Redpoint Ventures, Sharp Alpha Advisors, SOSV, Tet Ventures, VMG Partners, David Hoffman, Fernando Martinelli, Jason Robins, Mark Cuban, Romain Lapeyre |
| Aug 1, 2022 | EasyDMARC | $2.0M Seed | — | Acrobator Ventures, Davidovs VC, Molten Ventures, Y Combinator, Anil Stocker, Bala Chandra, Chafic Kazoun, Gabriel Jarrosson, Ilya Golubovich, Ilya Kondrashov |
| Aug 1, 2022 | Neutral | $12.0M Series A | — | Abstract Ventures, Kevin Hartz, Alumni Ventures, Andreessen Horowitz, Animal Capital, Breakthrough Energy Ventures, C2 Investment, Craig Shapiro, Collaborative Fund, ENIAC Ventures, Fifth Wall, Framework Ventures, Future Shape, Greylock, JLL Spark, Marc van den Berg, Paladin Capital Group, Pantera Capital, Paradigm, Parkway VC, REMUS Capital, Seed Club Ventures, Spark Capital, Sweater Ventures, Turing Capital, Wind Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Bryce Hall, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Griffin Johnson, Jawed Karim, John Collison, John Legend, Julia Hartz, Kevin Love, LeBron James, Mark Cuban, Rick Johanson, Ron Pragides, Shane Neman, Spencer Slaine, Tobias Lutke |
| May 1, 2022 | Strong Compute | $8.0M Seed | — | Acrobator Ventures, Davidovs VC, Molten Ventures, Y Combinator, Anil Stocker, Bala Chandra, Chafic Kazoun, Gabriel Jarrosson, Ilya Golubovich, Ilya Kondrashov |
| Mar 1, 2022 | MeliBio | $6.0M Seed | — | Alumni Ventures, Angel investor, Astanor Ventures, Big Idea Ventures, BlueRun Ventures, Breakthrough Energy Ventures, Climate Capital, Collaborative Fund, Color Capital, Craft Ventures, Divergent Capital, Double Down, DST Global, Great Oaks Venture Capital, Insight Partners, Lightspeed Venture Partners, Listen, Menlo Ventures, Partners Resolute, Rajan Anandan, Scribble Ventures, Shrug Capital, SOSV, Web Smith, Techstars, Todd and Rahul's Angel Fund, Ahmir Khalib Thompson, Alex Pattis, Andrew Gluck, Balaji Srinivasan, Casey Neistat, Gokul Rajaram, Jaime Schmidt, Jen Rubio Butterfield, John Legend, Kevin Love, Kevin Weil, LeBron James, Ligaya Tichy, Mark Chou, Mark Cuban, Moshe Lifschitz, Peter Hunn, Sahin Boydas, Tim Ferriss, Zach Segal |
| Jan 1, 2022 | Tribevest | $2.0M Seed | — | Acrobator Ventures, Davidovs VC, Gaingels, Molten Ventures, SOSV, Y Combinator, Anil Stocker, Bala Chandra, Chafic Kazoun, Gabriel Jarrosson, Ilya Kondrashov |
| Dec 1, 2021 | Screenloop | $3.0M Seed | — | 7percent Ventures, Acrobator Ventures, Amplo, Blackbird Ventures Australia, Contrary Capital, Crane Venture Partners, Davidovs VC, Aniq Kassam, Gutter Capital, Lightspeed Venture Partners, Matrix, Molten Ventures, Mosaic Ventures, Pareto Holdings, Passion Capital, Yousuf Khan, SailPoint, Stride VC, Y Combinator, Anil Stocker, Bala Chandra, Chafic Kazoun, Chris Murphy, Doug Monro, Gabriel Jarrosson, Gokul Rajaram, Harsh Sinha, Ilya Golubovich, Ilya Kondrashov, Ivan Mazour, Jaan Tallinn, James Hind, Kaarel Kotkas, Marcus Exall, Mark Cuban, Markus Villig, Matteo Gamba, Michael Rapino, Michael Stoppelman, Ott Kaukver, Paul Forster, Pete Koomen, Richard Branson, Tom Blomfield |
| Nov 1, 2021 | BioSapien | $2.0M Seed | — | Breakthrough Energy Ventures, Northpond Ventures, SOSV, Tet Ventures, Mark Cuban |
| Sep 1, 2021 | Maroo | $3.0M Seed | — | 01 Ventures, Addition, Amplo, Atomico, B Capital Group, BoxGroup, Broadway Angels, Davidovs VC, Dyrdek Machine, Electric Capital, Entrée Capital Ventures, Felicis Ventures, First Round Capital, Flybridge Capital Partners, General Catalyst, GSR Ventures, Hack VC, Immeasurable, Jlabs, Kleiner Perkins, LGF, Northzone, Norwest Venture Partners, Hans Tung, Robin Li, Plug & Play Ventures, Primary Venture Partners, Silicon Valley Connect, Soma Capital, Sommet AB, Target Global, Theory Ventures, Tiger Global Management, TQ Ventures, Two Sigma Ventures, Unconventional Ventures, Akash Gupta, Charlie Songhurst, Colin Carrier, Frank Freund, Ido Leffler, James Hind, Jay Radia, Karim Atiyeh, Kevin Lin, Loic Le Meur, Louis Beryl, Manish Patel, Mark Cuban, Mark Goines, Michael Stephan, Nate Lipscomb, Ron Pragides, Sahin Boydas, Sam Shank, Shaquille O'Neal, Shervin Pishevar, Sylwester Janik, Tim Griffin |
| Sep 1, 2021 | Form3 | $160.0M Series C | — | Acrobator Ventures, Davidovs VC, Molten Ventures, Y Combinator, Anil Stocker, Bala Chandra, Chafic Kazoun, Gabriel Jarrosson, Ilya Golubovich, Ilya Kondrashov |