Factor Capital

ActiveVenture Capital

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Updated: Dec 24, 2025 ·

About

Factor Capital is an investment firm focused on backing early stage applications of emerging technologies.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jun 1, 2024	Pika	$80.0M Series B	—	Amplify Partners, Array Ventures, Blockchain.com Ventures, Bloomberg Beta, Bombas, C2 Investment, Conviction Partners, Curious Capital, Felicis Ventures, Greylock, Human Ventures, Infinite Capital, Innovation Endeavors, Lightspeed Venture Partners, Matrix, One Way Ventures, PJC, Predictive VC, Radical Ventures, Red Swan Ventures, Round One Capital, Swift Ventures, Vinyl Capital, Y Combinator, Amjad Masad, Arash Ferdowsi, Bobby Goodlatte, Claire Diaz-Ortiz, Dave Balter, Diane Hessan, Gabriel Jarrosson, George Burke, Joe Caruso, Jonathan Wegener, Karim Atiyeh, Lisha Li, Paul Sawaya, Ron Pragides, Sahil Lavingia, Sahin Boydas, Scott Belsky, Siqi Chen, Steve Schlafman, Yann LeCun
Feb 1, 2023	Tome	$43.0M Series B	—	Andreessen Horowitz, Base Partners, Blockchain.com Ventures, C2 Investment, Coatue, Conviction Partners, Cyberstarts VC, GreaterGoodSociety, Greenoaks Capital, Greylock, Erik Nordlander, Infinite Capital, Innovation Endeavors, Lightspeed Venture Partners, Oren Yunger, Outcast Ventures, Tucker Seed Fund LLC, Zeev Capital, Anshu Sharma, Assaf Rappaport, George Burke, George Kurtz, Jared Leto, Michael G. Rubin, Oren Dobronsky, Scott Belsky, Thomas Vu
Jan 1, 2023	Obol Labs	$13.0M Series A	—	Archetype, BEENEXT, Dragonfly Capital Partners, Fifth Wall, Griffin Gaming Partners, Hashed, Pantera Capital, ParaFi Capital, Polygon, Square Peg Capital, Anna Yuan, Balaji Srinivasan, Kunal Shah, Nitish Mittersain
Jan 1, 2023	Seek AI	$8.0M Seed	—	Battery Ventures, Blockchain.com Ventures, Conviction Partners, Greylock, Infinite Capital, George Burke, Jared Leto
Jun 1, 2022	Parcel	$3.0M Seed	—	Dragonfly Capital Partners, Framework Ventures, Makers Fund, Pantera Capital, ParaFi Capital, Pareto Holdings, Pioneer Fund, Aleksander Leonard Larsen, Stani Kulechov, Tyler Scott Ward, Zhen Cao
May 1, 2022	Belong	$50.0M Series C	—	Kevin Hartz, Andreessen Horowitz, Archetype, Battery Ventures, C3 Ventures, Dragonfly Capital Partners, Fifth Wall, Future Planet Capital, Griffin Gaming Partners, Industry Ventures, Inventus Capital Partners, Matrix Partners India, Moving Capital, Jeff Richards, Notable Capital, Octopus Ventures, ParaFi Capital, Pioneer Fund, SoftBank Investment Advisers, WestCap, Xfund, Anna Yuan, Elliott Cohen, Eric Wu, Larry Summers, Mandeep Singh, Manish Chandra, Patrick S. Chung, Sam Corcos, Sarah Friar, TJ Parker
Apr 1, 2022	0x	$70.0M Series B	—	Accel, Andreessen Horowitz, Conviction Partners, Cota Capital, FPV Fund, Goat Capital, Greylock, Inspired Capital, IVP, Long Journey Ventures, Matrix, NFX, Nyca Partners, PS Investments, Serena Ventures, Team Ignite Ventures, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Mark Pincus, Ott Kaukver, Scott Banister, Tikhon Bernstam, Vikas Sabnani, William Adams
Jan 1, 2022	Dovetail	$63.0M Series A	—	Accel, Blackbird Ventures Australia, Cota Capital, DST Global, Felicis Ventures, Foundation Capital, Founders Fund, FPV Fund, Iporanga Ventures, IVP, LGF, Long Journey Ventures, Main Sequence Ventures, Matrix, Mischief Venture Capital, monashees, PS Investments, Silverton Partners, Stata Venture Partners, ThirdLove, UpHonest Capital, Y Combinator, Arash Ferdowsi, Dylan Field, Joshua Schachter, Roger Laughlin Carvallo, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Jan 1, 2022	Veriff	$100.0M Series C	—	Accel, Accenture, Addition, Alkeon Capital, Citi Ventures, Cota Capital, FPV Fund, Goat Capital, Insight Partners, IVP, Locus Ventures, Long Journey Ventures, Matrix, Mouro Capital, Point72 Ventures, PS Investments, Ribbit Capital, Route 66 Ventures, Sherpalo Ventures, ThirdLove, Triatomic Capital, UpHonest Capital, Y Combinator, Amit Gupta, Anshu Sharma, Joshua Schachter, Kunal Shah, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Jan 1, 2022	NEAR	$150.0M Venture Round	—	Dragonfly Capital Partners, Framework Ventures, King River Capital, Luno Expeditions, ParaFi Capital, Fernando Martinelli, Stani Kulechov, Tyler Scott Ward
Oct 1, 2021	Fancy Studios	$250K Seed	—	Alchemy Ventures, Ambush Capital, Andreessen Horowitz, Awesome People Ventures, Batalion Capital, Broadstone, Capital Factory, Form Capital, Framework Ventures, Haun Ventures, HawksHead Capital, IDEO CoLab Ventures, Lightspeed Venture Partners, Not Boring Capital, Ben Huh, Pantera Capital, ParaFi Capital, Pharos Capital Group, Redpoint Ventures, Robot Ventures, Scalar Capital, Seven Seven Six, Sound Ventures, The Hit Forge, Timespan Ventures, Todd and Rahul's Angel Fund, Union Square Ventures, Anthony Pompliano, Balaji Srinivasan, Bobby Goodlatte, Chris Kurdziel, Courtney Guertin, Ethan Beard, Fernando Martinelli, Itamar Lesuisse, Jess Sloss, Joe Stump, Michael Dunworth, Narendra Rocherolle, Paul Stamatiou, Reggie James, Ricky Engelberg, Scott Belsky, Shishir Mehrotra, Stani Kulechov, Tegan Kline, William Boebel
Sep 1, 2021	Trader Joe	$5.0M Seed	—	Framework Ventures, ParaFi Capital, Tyler Scott Ward
Apr 1, 2021	Veriff	$69.0M Series B	—	Accel, Citi Ventures, Cota Capital, FPV Fund, Insight Partners, IVP, Long Journey Ventures, Matrix, Mouro Capital, Point72 Ventures, PS Investments, Route 66 Ventures, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Mar 1, 2021	BCB Group	$5.0M Seed	—	Alchemy Ventures, Blockchain.com Ventures, Conviction Partners, Greylock, Hack VC, Infinite Capital, North Island Ventures, Outrun Ventures, Robot Ventures, Alex Pack, Balaji Srinivasan, Bill Ackman, George Burke, Jared Leto
Jan 1, 2021	Tome	$6.0M Seed	—	Blockchain.com Ventures, Conviction Partners, Greylock, Infinite Capital, George Burke, Jared Leto
Jan 1, 2021	RecVue	$13.0M Series A	—	Accel, Cota Capital, FPV Fund, IVP, Long Journey Ventures, Matrix, PS Investments, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Sep 1, 2019	Relativity Space	$140.0M Series C	—	01 Advisors, 2.12 Angels, 305 Ventures, 75 & Sunny, Abstract Ventures, Kevin Hartz, Accel, Acrew Capital, Addition, Altimeter Capital, AME Cloud Ventures, Amino Capital, Andreessen Horowitz, Angelic Ventures, BITKRAFT Ventures, Bond, Bono, Cathay Innovation, City Light Capital, Clocktower Technology Ventures, Coinbase Ventures, Comcast Ventures, Cota Capital, Craft Ventures, Crosscut Ventures, Matt Ocko, Deerfield Management, DFJ, Dispersion Capital, Dreamers VC, Drive Capital, DST Global, FirstMark Capital, Forerunner Ventures, Foresite Capital, Founders Fund, FPV Fund, FTX Ventures, Gaingels, Goodwater Capital, Greylock, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), Hardware Club, Homebrew, Index Ventures, Inspired Capital, IVP, Shawn Modarresi, Kleiner Perkins, Lakestar, Locus Ventures, Long Journey Ventures, MaC Venture Capital, Marathon Venture Capital, Marcy Venture Partners, Matrix, Mayfield, Menlo Ventures, Meritech Capital Partners, Motivate Ventures, Off the Grid Ventures, Outcast Ventures, Outlander Labs, Pantera Capital, PivotNorth Capital, Playground Global, Portal Ventures, PS Investments, Rebel Fund, Redpoint Ventures, RSE Ventures, Sapphire Ventures, Seven Seven Six, Slack Fund, Smash Capital, SNR, Social Capital, Sound Ventures, South Park Commons, SteelSky Ventures, TGM, Thayer Ventures, The Finger Group, The Hit Forge, ThirdLove, Thirty Five Ventures, Tribe Capital, Trustbridge Partners, Uncork Capital, UpHonest Capital, Verified Capital, Vitalize Venture Group, Y Combinator, Adam Gross, Anthony Pompliano, Asher Leids, Balaji Srinivasan, Chris Kelly, Christian Oestlien, Evan Moore, Fredrik Björk, Gregory Bailey, James Hong, Jay Z, Jeff Seibert, John Hennessy, Joshua Schachter, Kelvin Beachum Jr., Kevin Colas, Logan Paul, Marc Benioff, Mark Cuban, Mark Wahlberg, Matt Mazzeo, MG Siegler, Nick Caldwell, Scott Banister, Shervin Pishevar, Sue Xu, Tikhon Bernstam, Varsha Rao, Vikas Sabnani, Will Gaybrick, Wyc Grousbeck, Zachary Rapp
Jan 1, 2019	RecVue	$5.0M Venture Round	—	Accel, Cota Capital, FPV Fund, IVP, Long Journey Ventures, Matrix, PS Investments, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Sep 1, 2017	RecVue	$2.0M Seed	—	Accel, Cota Capital, FPV Fund, IVP, Long Journey Ventures, Matrix, PS Investments, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Dec 1, 2016	Cerebras Systems	$60.0M Series C	—	Accel, Cota Capital, FPV Fund, IVP, Long Journey Ventures, Matrix, PS Investments, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Scott Banister, Tikhon Bernstam
Oct 1, 2016	HappyCo	$8.0M Series A	—	Accel, Cota Capital, FPV Fund, IVP, Long Journey Ventures, Matrix, PS Investments, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Jul 1, 2016	Relativity Space	$10.0M Series A	—	Accel, Cota Capital, DST Global, FPV Fund, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), IVP, Lakestar, Long Journey Ventures, Matrix, Meritech Capital Partners, PS Investments, Sapphire Ventures, TGM, ThirdLove, Tribe Capital, UpHonest Capital, Y Combinator, Joshua Schachter, MG Siegler, Scott Banister, Tikhon Bernstam, Vikas Sabnani, Will Gaybrick
Jun 1, 2016	Siren Care	$130K Seed	—	Accel, Ascend Vietnam Ventures, BILL, Cota Capital, Founders' Co-op, FPV Fund, IVP, Long Journey Ventures, Matrix, PS Investments, The Hit Forge, ThirdLove, UpHonest Capital, Yamaha Motor Ventures, Y Combinator, Alex Payne, Austin Walters, Derrick Li, Dharmesh Shah, Joshua Schachter, Roxanne Varza, Ryan Chan, Scott Banister, Thibaud Elziere, Tikhon Bernstam, Vikas Sabnani
Mar 1, 2016	Relativity Space	$620K Seed	—	Accel, ACME Capital, Boost VC, Buckley Ventures, Cota Capital, Matt Ocko, FPV Fund, Dave Munichiello, Karim Faris, M.G. Siegler, Sangeen Zeb, GV (Google Ventures), IVP, Lightbank, Long Journey Ventures, Lux Capital, Matrix, Meritech Capital Partners, NEO, Prefix Capital, PS Investments, Sapphire Ventures, South Park Commons, TGM, ThirdLove, UpHonest Capital, Y Combinator, Hadi Partovi, Joshua Schachter, MG Siegler, Sam Altman, Scott Banister, Shervin Pishevar, Tikhon Bernstam, Vikas Sabnani, Will Gaybrick
Mar 1, 2015	Bento Labs	$2.0M Seed	—	Accel, Cota Capital, FPV Fund, IVP, Long Journey Ventures, Matrix, PS Investments, ThirdLove, UpHonest Capital, Y Combinator, Joshua Schachter, Scott Banister, Tikhon Bernstam, Vikas Sabnani

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Factor Capital.

Jake Dwyer

Managing Partner

Leadership Team

Key people at Factor Capital.

Jake Dwyer

Managing Partner

Deep Dive

Factor Capital is a Virginia-based investment firm founded in 2023 that focuses on backing early-stage applications of emerging technologies, particularly in technology-related sectors across the United States[2][3]. The firm combines disciplined capital deployment with strategic and operational expertise to help portfolio companies navigate market uncertainty, accelerate growth, and build long-term competitive advantages through innovation and digital transformation[1].

The firm’s mission centers on partnering with exceptional management teams to create sustainable, data-driven growth by leveraging flexible investment strategies, operational excellence, market expansion, and innovation enablement[1]. Factor Capital emphasizes integrity, accountability, and innovation as core values, positioning itself as a collaborative partner rather than just a capital provider. Its investment philosophy is rooted in disciplined governance and transparency, aiming to future-proof businesses by staying ahead of technological and market trends[1][2].

Origin Story

Factor Capital was founded in 2023 by Jake Dwyer, who serves as Founder and Managing Partner, establishing the firm in Charlottesville, Virginia[3]. Since inception, the firm has evolved with a clear focus on technology sectors, particularly early-stage ventures applying emerging technologies. This narrow focus allows Factor Capital to drive significant outcomes by supporting startups that simplify complex problems through innovative tech solutions[2].

Core Differentiators

Unique Investment Model: Combines growth equity and corporate finance with operational and strategic support to accelerate scalability and governance[1].
Network Strength: Leverages strategic partnerships and cross-border integration to drive regional and market expansion[1].
Track Record: Though relatively new, Factor Capital’s disciplined approach and focus on emerging tech position it well for sustainable growth[1][3].
Operating Support: Provides hands-on operational excellence, including digital capability enhancement and innovation enablement, to future-proof portfolio companies[1].

Role in the Broader Tech Landscape

Factor Capital rides the wave of rapid technological disruption and digital transformation, focusing on early-stage ventures that apply emerging technologies such as AI, blockchain, and data-driven innovation[1][2]. The timing is critical as market volatility and shifting consumer behaviors demand agility and innovation. By investing in transformative technologies and enabling digital reinvention, Factor Capital influences the startup ecosystem by fostering companies that can adapt and lead in a fast-evolving economic landscape[1][2].

Quick Take & Future Outlook

Looking ahead, Factor Capital is poised to deepen its impact by continuing to back early-stage innovators and expanding its operational support capabilities. Trends such as AI integration, blockchain adoption, and the democratization of startup formation will likely shape its investment focus[2]. As the firm matures, its influence may grow beyond capital provision to become a key enabler of technological transformation and startup ecosystem development in the U.S. and potentially beyond.

In summary, Factor Capital’s disciplined, innovation-driven approach and strategic partnership model position it as a significant player in early-stage technology investment, committed to helping startups navigate complexity and unlock growth in a rapidly changing market[1][2][3].

Sources

Origin Story

Core Differentiators

Unique Investment Model: Combines growth equity and corporate finance with operational and strategic support to accelerate scalability and governance[1].
Network Strength: Leverages strategic partnerships and cross-border integration to drive regional and market expansion[1].
Track Record: Though relatively new, Factor Capital’s disciplined approach and focus on emerging tech position it well for sustainable growth[1][3].
Operating Support: Provides hands-on operational excellence, including digital capability enhancement and innovation enablement, to future-proof portfolio companies[1].