Night Capital

Night Capital is a boutique venture capital business that helps great innovators build huge markets.

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Aug 1, 2025	Medallion	$43.0M Series C	—	Acrew Capital, C2 Investment, Craft Ventures, Gradient Ventures, Sangeen Zeb, GV, Infinite Capital, Liquid 2 Ventures, MS&AD Ventures, Pioneer Fund, Predictive VC, QueensBridge Venture Partners, Sequoia Capital, Spark Capital, Stellar Capital, Jarrod Dicker, Thirty Five Ventures, Breon Corcoran, Mark Cuban, Mark Pincus, Matthew Dellavedova, Mitch Garber, Odell Beckham Jr., Peter Reinhardt, Steve Aoki, Will Gaybrick, Zachary Sims
Aug 1, 2025	EffiGov	$500K Seed	—	Amino Capital, Y Combinator
Jun 1, 2025	SuperDial	$12.0M Series A	—	Accomplice VC, Alumni Ventures, Aniq Kassam, Matrix, SignalFire, Susa Ventures, Elliott Cohen, Sunil Paul, Travis May
Feb 1, 2025	Moderne	$30.0M Series B	—	11.2 Capital, Acrew Capital, Andreessen Horowitz, Dell Technologies Capital, EQT Ventures, Fuel Capital, Initialized Capital, Intel Capital, Mango Capital, Redpoint Ventures, Step Function VC, True Ventures, Jason Katzer, Sam Lambert
Jan 1, 2025	Baya Systems	$36.0M Series B	—	Accomplice VC, Alumni Ventures, Aniq Kassam, Matrix, SignalFire, Susa Ventures, Elliott Cohen, Sunil Paul, Travis May
Oct 1, 2024	Treehouse	$17.0M Series A	—	Album VC, Alumni Ventures, C2 Investment, Flourish Ventures, Left Lane Capital, Jared Hecht, Path Ventures, SV Angel, David Vélez, Joe Speiser, Rob May, Sam Parr, Steve Barham
Oct 1, 2024	VIZTA DGTL	$2.0M Seed	—	Adjacent, NextView Ventures, Scribble Ventures, Uncork Capital, James Park, Nir Eyal, Ron Pragides
Oct 1, 2024	CytoVale	$100.0M Series D	—	Accomplice VC, Alumni Ventures, Aniq Kassam, Matrix, SignalFire, Susa Ventures, Elliott Cohen, Sunil Paul, Travis May
Sep 1, 2024	AudiencePlus	$7.0M Seed	—	8VC, Abstract Ventures, Kevin Hartz, AirAngels, Alt Capital, Alumni Ventures, Banana Capital, Cowboy Ventures, Earl Grey Capital, Emergence Capital, Felicis Ventures, Founders Fund, Greylock, High Alpha, Jude Gomila Rolling Fund, Kearny Jackson, Mayfield, Menlo Ventures, Meritech Capital Partners, Mischief Venture Capital, Offline Ventures, Pioneer Fund, Streamlined Ventures, Stripe, Tealium, Matt Garratt, XFactor Ventures, Y Combinator, YLEM, Akshay Bhargava, Avid Larizadeh, Ben Porterfield, David Petersen, Eric Ries, Frederic Kerrest, Gordon Wintrob, Jason Tolkin, Jeremy Cai, Jon Runyan, Louis Beryl, Mathilde Collin, Max Mullen, Mike Kourey, Paul Rios, Ryan Carlson, Ryan Chan, Scott Belsky, Siqi Chen, Tony Xu, Vibhu Mittal, Zack Kanter
Sep 1, 2024	OrgOrg	$500K Seed	—	14W, 20VC, Adjacent, Founders Fund, Greylock, Y Combinator, Alexandre Scialom, Casey Neistat, James Beshara, Jean Charles Samuelian, Steve Schlafman, Thibaud Elziere
Aug 1, 2024	Grid Status	$8.0M Seed	—	Album VC, Alumni Ventures, Asylum Ventures, C2 Investment, Energize Ventures, Jared Hecht, National Grid Partners, Path Ventures, Powerhouse Ventures, SV Angel, Y Combinator, Joe Speiser, Kiran Bhatraju, Paul Graham, Ramez Naam, Rob May, Sam Parr, Steve Barham
Jul 1, 2024	Groq	$640.0M Series D	—	Alumni Ventures, Axiom Partners, C2 Investment, E1 Ventures, Prosperity7 Ventures, Race Capital, Social Capital, SparkLabs Group, TDK Ventures, Trajectory Ventures, Transpose platform, Uncork Capital, George Godula, Sahin Boydas, 11, Adeel Hussain, Adjacent, Ann Bordetsky, Bradley Horowitz, Charles Zedlewski, DJ Patil, Flourish Ventures, F-Prime Capital Partners, FPV Fund, Jacob Kerzner, James Park, Jeff Hammerbacher, K2 Global, Mattia Astori, Maven Ventures, Mike Lee, Mo El-Bibany, NextView Ventures, Nir Eyal, OODA Ventures, Ron Pragides, Scribble Ventures, Siddharth Singhal, Slack Fund, Stewart Butterfield, Trevor Wright, Tribe Capital
Jul 1, 2024	Bemi	$870K Seed	—	Album VC, Alumni Ventures, C2 Investment, Jared Hecht, Path Ventures, SV Angel, Joe Speiser, Rob May, Sam Parr, Steve Barham
Jul 1, 2024	Consensus	$12.0M Series A	—	Album VC, Alumni Ventures, Amino Capital, C2 Investment, Lead Edge Capital, Lux Capital, Magellan (magellan.ventures), Path Ventures, Picus Capital, Scale Venture Partners, SV Angel, The Community Fund, Tola Capital, Y Combinator, Brandon Deer, Eddie Lou, Joe Speiser, Rob May, Sam Parr, Steve Barham
Jul 1, 2024	Reworkd	$3.0M Seed	—	Album VC, Alumni Ventures, Benchmark, Browder Capital, C2 Investment, Cyberlaunch, Initialized Capital, Lux Capital, Jared Hecht, Path Ventures, SV Angel, Cory Levy, Joe Speiser, Rob May, Sam Parr, Steve Barham
Jun 1, 2024	Ordinox	$1.0M Seed	—	Bain Capital Crypto, Balderton Capital, Felicis Ventures, Pareto Holdings, SNR, Adrien Miniatti, Antoine Martin, Charles Gorintin, Fareed Mosavat, Jean Charles Samuelian, Mathilde Collin, Roger McNamee, Yahya Mokhtarzada
Apr 1, 2024	Zephyr Cloud IO	$3.0M Seed	—	Better Tomorrow Ventures, Flex Capital, Matrix, SNR, Step Function VC, SV Angel, True Ventures
Mar 1, 2024	Tofu	$890K Seed	—	First Round Capital, Floodgate, M.G. Siegler, Klossy, KRM Interests LLC, Next Play Ventures, Pareto Holdings, Point72 Ventures, Spark Capital, SV Angel, Charlie Cheever, Jeremy Stoppelman, MG Siegler, Mike Krieger, Scott Belsky, Spencer Kimball
Mar 1, 2024	Fable	$7.0M Seed	—	14W, 20VC, Adjacent, Aniq Kassam, Founder Collective, Founders Fund, Greylock, Initialized Capital, Y Combinator, Alexandre Scialom, Bradley Horowitz, Casey Neistat, Immad Akhund, James Beshara, Jason Katzer, Jean Charles Samuelian, Namrata Ganatra, Sahin Boydas, Steve Schlafman, Thibaud Elziere
Feb 1, 2024	Centauri AI	$500K Seed	—	Amino Capital, cofounder, DILA Capital, Hive Hatch, Pioneer Fund, Revolution Growth, TNT Venture, VoLo Earth Ventures, Y Combinator, Steve Salis
Feb 1, 2024	SigScalr	$2.0M Seed	—	20VC, Adjacent, AirAngels, Andreessen Horowitz, Buckley Ventures, Coalition Operators, Ali Tamaseb, Earl Grey Capital, Mantis VC, NextView Ventures, Pareto Holdings, Point72 Ventures, Scribble Ventures, Slow Ventures, Trust Fund, Two Sigma Ventures, Uncork Capital, Volition Capital, WestWave Capital, Baron Davis, Claire Hughes Johnson, George Ruan, James Park, Julian Shapiro, Louis Beryl, Mathilde Collin, Melissa Tan, Mike Lee, Nir Eyal, Ron Pragides, Ryan Tedder, Scott Belsky, Siqi Chen, Tyler Willis, Vindi Banga
Feb 1, 2024	Biofire	$7.0M Series A	—	14W, 20VC, Adjacent, Afore Capital, Also Capital, Anthemis Group, CapitalX, Countdown Capital, Matt Ocko, Dreamers VC, Elkstone, First Round Capital, Founders Fund, Greycroft, Greylock, Index Ventures, K2 Global, Liquid 2 Ventures, No Label Ventures, Paradigm, Rajan Anandan, Playground Global, RTP Global, SNR, Stellar Capital, Streamlined Ventures, Taurus Ventures, Trajectory Ventures, Valhalla Ventures, Venture Highway, Village Global, Virginia Venture Partners, Y Combinator, Alexandre Scialom, Ali Moiz, Alison Engel, Andrew Maywah, Arash Ferdowsi, Bradley Horowitz, Casey Neistat, Gokul Rajaram, Ilya Kondrashov, Immad Akhund, James Beshara, Jean Charles Samuelian, Mike Giampapa, Munish Varma, Steve Schlafman, Sumon Sadhu, Thibaud Elziere, Viral Bajaria
Feb 1, 2024	Chiral	$4.0M Seed	—	Astanor Ventures, Earlybird Venture Capital, First Round Capital, Founderful, General Catalyst, Hardware Club
Jan 1, 2024	Closinglock	$12.0M Series A	—	Adjacent, Edison Ventures, Headline (formerly e.ventures), LiveOak Venture Partners, NextView Ventures, RWT Horizons, Scribble Ventures, SJF Ventures, Uncork Capital, James Park, Mike Lee, Nir Eyal, Ron Pragides
Oct 1, 2023	Onton	$2.0M Seed	—	Album VC, Alumni Ventures, C2 Investment, CapitalX, Hustle Fund, Jared Hecht, Path Ventures, SV Angel, Trajectory Ventures, Vibe Capital, VU Venture Partners, Joe Speiser, Jonathan Wasserstrum, Michael Olmstead, Sam Parr, Steve Barham

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Night Capital.

Kevin Carter

General Partner

Leadership Team

Key people at Night Capital.

Kevin Carter

General Partner

Deep Dive

Night Capital is a boutique venture capital firm founded to support exceptional founders building in large, high-growth markets. Its mission centers on early-stage investments, typically ranging from $300,000 to $500,000, aimed at helping innovators scale transformative businesses. The firm’s investment philosophy emphasizes backing startups with massive market potential, often in sectors such as consumer technology, fintech, SaaS, crypto, and health. Night Capital plays a significant role in the startup ecosystem by providing not only capital but also strategic guidance and board-level support, leveraging its founder’s extensive experience and network to accelerate portfolio company growth[3][4][2].

Founded by Kevin Carter, a seasoned investor with over 17 years of experience and a track record of investing in more than 1,300 early-stage companies including over 30 unicorns like Airbnb, Snap, and Stripe, Night Capital benefits from deep industry insight and connections. The firm’s origin traces back to Carter’s prior role as a General Partner at SV Angel (2009-2018) and his background in private equity at Silicon Valley Bank. Night Capital’s evolution reflects a focus on early-stage startups with scalable business models, supported by Carter’s reputation and relationships within the tech ecosystem[3][4].

Core Differentiators

Unique Investment Model: Focuses on seed and pre-seed rounds with investments typically between $300k and $500k, targeting startups with potential for massive market impact.
Network Strength: Founder Kevin Carter’s extensive network includes early investments and board roles in high-profile companies, providing portfolio startups with valuable connections and mentorship.
Track Record: Over 17 years of investing experience with participation in over 30 unicorns, demonstrating strong deal sourcing and value creation capabilities.
Operating Support: Active involvement in portfolio companies through board seats and strategic advice, helping founders navigate growth challenges effectively[3][4].

Role in the Broader Tech Landscape

Night Capital rides the wave of rapid innovation in consumer tech, fintech, SaaS, and crypto markets, sectors experiencing accelerated adoption and disruption. The timing is favorable due to increasing digital transformation, growing startup ecosystems, and investor appetite for early-stage ventures with scalable business models. By focusing on massive markets and exceptional founders, Night Capital influences the broader ecosystem by enabling breakthrough startups to scale, thereby contributing to innovation cycles and job creation in the tech industry[3][2][4].

Quick Take & Future Outlook

Looking ahead, Night Capital is positioned to continue leveraging its founder’s deep expertise and network to identify and support the next generation of market leaders. Trends such as AI integration, decentralized finance, and consumer digital experiences will likely shape its investment focus. As the firm expands its portfolio and influence, it may deepen its operational support and possibly increase fund sizes to capture larger opportunities. Night Capital’s trajectory suggests it will remain a key player in early-stage venture capital, helping founders build transformative companies in massive markets[3][4].

This outlook ties back to Night Capital’s founding mission: to empower great innovators to build huge markets through focused, early-stage venture investing.

Sources

Core Differentiators

Unique Investment Model: Focuses on seed and pre-seed rounds with investments typically between $300k and $500k, targeting startups with potential for massive market impact.
Network Strength: Founder Kevin Carter’s extensive network includes early investments and board roles in high-profile companies, providing portfolio startups with valuable connections and mentorship.
Track Record: Over 17 years of investing experience with participation in over 30 unicorns, demonstrating strong deal sourcing and value creation capabilities.
Operating Support: Active involvement in portfolio companies through board seats and strategic advice, helping founders navigate growth challenges effectively[3][4].

Role in the Broader Tech Landscape

Quick Take & Future Outlook

This outlook ties back to Night Capital’s founding mission: to empower great innovators to build huge markets through focused, early-stage venture investing.