Stellation Capital

ActiveVenture Capital

Updated: Dec 24, 2025 ·

About

Stellation Capital co-leads first-check investments behind founders building mission-critical software, extending the reach of visionary founders through access to networks, community, and capital.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jul 1, 2025	Willow Voice	$4.0M Seed	—	50 Partners, NEO, Outrun Ventures, Stellar Capital, Vibe Capital, Y Combinator, Kelvin Beachum Jr., Kevin Weil, Ron Pragides, Thibaud Elziere, William Levy
Jun 1, 2025	Alta	$11.0M Seed	—	50 Partners, AirAngels, Andreessen Horowitz, C2 Investment, Giza Polish Ventures, Goat Capital, Greylock, Hanabi Capital, Homebrew, Klossy, Lightspeed Venture Partners, Madrona Ventures, Makers Fund, Menlo Ventures, NEO, Ann Bordetsky, Obvious Ventures, Otherwise Fund, Outrun Ventures, Sequoia Capital, Spark Capital, Spero Ventures, Stellar Capital, Vibe Capital, Volition Capital, Y Combinator, Amjad Masad, Charlie Songhurst, David Lieb, Jeff Seibert, Karim Atiyeh, Kelvin Beachum Jr., Kevin Weil, Manish Chandra, Mike Hudack, Mike Krieger, Ron Pragides, Thibaud Elziere, Tobias Lutke, Tony Xu, William Levy
May 1, 2025	Forethought	$25.0M Series D	—	8VC, AIX Ventures, Andreessen Horowitz, Axiom Partners, Balderton Capital, C2 Investment, Footprint Coalition, Greylock, Helion Venture Partners, Index Ventures, Inspired Capital, K9 Ventures, Kepler Operator’s Fund, Madrona Ventures, Recursive Ventures, Scheinman Angel Fund, Sound Ventures, South Park Commons, Spark Capital, Stellar Capital, Tribe Capital, Twelve Below, Village Global, WorkLife Ventures, XYZ Venture Capital, Andy Coravos, Baron Davis, Kelvin Beachum Jr., Krishna Mehra, Mathilde Collin, Peter Sonsini, Sahil Lavingia, Sam Altman, Trevor McFedries, Yan-David Erlich
Apr 22, 2025	Supabase	$200.0M Series D	—	Accel, Coatue, Craft Ventures, Felicis, Felicis Ventures, Guillermo Rauch, Kevin Weil, Taylor Otwell, Y Combinator, 50 Partners, Andreessen Horowitz, Atomic, Contrary Capital, Energize Ventures, Entrepreneur First, Episode 1 Ventures, Flex Capital, Forerunner Ventures, Lightspeed India Partners, NEO, Octopus Ventures, Outrun Ventures, Preston-Werner Ventures, Stellar Capital, Vibe Capital, Voyager Ventures, Andrew Robb, Augusto Marietti, Ben Tossell, Christopher Golda, Leonardo DiCaprio, Matias Woloski, Nic Brisbourne, Ron Pragides, Sam Altman, Scott Belsky, Thibaud Elziere, Will Brooks, William Levy
Apr 1, 2025	Bliss Aesthetics	$18.0M Seed	—	AngelPad, B Capital Group, Kamran Ansari, Pareto Holdings, Shine Capital, Valar Ventures, Marc Lore, Clark Landry, Ellie Wheeler
Mar 1, 2025	Pilgrim	$4.0M Seed	—	Bain Capital Crypto, Bain Capital Ventures, Browder Capital, Chicago Ventures, Founders Fund, G2VP, GoAhead Ventures, ScOp Venture Capital, Script Capital, Alex Oppenheimer, Gokul Rajaram, JB Straubel, Nitay Joffe, Roneil Rumburg, Tobias Lutke
Mar 1, 2025	Campus	$46.0M Series B	—	8VC, 9Yards Capital, Kevin Hartz, AIX Ventures, Basecase Capital, C2 Investment, Draper Associates, DTCP, Eclipse Ventures, Factorial, First Round Capital, Flex Capital, Founders Fund, Gaingels, Hoxton Ventures, Innovation Endeavors, IVP, K2 Global, LGF, Lightspeed Venture Partners, Liquid 2 Ventures, Maven Ventures, Quantum Angels Venture Capital, Rethink Impact, Saga, Scribble Ventures, Structure Capital, Symbolic Capital, The Hit Forge, Uncork Capital, Valhalla Ventures, Weekend Fund, Y Combinator, Akshay Kothari, Amjad Masad, Balaji Srinivasan, Bob Muglia, Dustin Moskovitz, Dylan Field, Emil Michael, Eric Wei, Evan Cheng, George Burke, Jason Citron, Jeff Bezos, Karim Atiyeh, Mattia Astori, Peter Sonsini, Ron Pragides, Sahin Boydas, Sam Altman, Scott Belsky, Shane Neman, Stanley Druckenmiller, Stephen Cole, Tobias Lutke, Tom Blaisdell, Yann LeCun
Mar 1, 2025	LlamaIndex	$19.0M Series A	—	Amplify Partners, Andreessen Horowitz, Felicis Ventures, Greylock, Index Ventures, Norwest Venture Partners, Spark Capital, Stellar Capital, Tribe Capital, Peter Sonsini
Feb 1, 2025	Eudia	$110.0M Series A	—	9Yards Capital, Afore Capital, Basecase Capital, Browder Capital, Celesta, Jenny Fielding, Scott Hartley, Everywhere Ventures (The Fund), Factorial, General Catalyst, Hoxton Ventures, Infinity Ventures Crypto, LGF, LvlUp Ventures, Next Play Ventures, Osney Capital, Penglan, Quake Capital, ScOp Venture Capital, Symbolic Capital, Uncork Capital, Weekend Fund, Akshay Kothari, Alex Oppenheimer, Andrew Steinwold, Evan Cheng, George Burke, Nitay Joffe
Feb 1, 2025	Baseten	$75.0M Series C	—	01 Advisors, 9Yards Capital, Abstract Ventures, Acrew Capital, Addition, Andreessen Horowitz, B8, Bain Capital Ventures, basecase capital, Bessemer Venture Partners, Binary Capital, Bond, C2 Investment, Conviction Partners, Factorial, General Catalyst, Gradient Ventures, Greylock, Sangeen Zeb, Hoxton Ventures, Infinite Capital, IVP, LGF, Liquid 2 Ventures, Scott Sandell, NewView Capital, Pioneer Fund, Plaid, Predictive VC, Qiming Venture Partners, Race Capital, Redpoint Ventures, Sequoia Capital, South Park Commons, Spark Capital, Symbolic Capital, Jarrod Dicker, Uncork Capital, Weekend Fund, Y Combinator, Akshay Kothari, Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Evan Cheng, George Burke, Greg Brockman, Peter Reinhardt, Ron Pragides, Scott Belsky, Will Gaybrick, Zachary Sims
Feb 1, 2025	PromptLayer	$5.0M Seed	—	Andreessen Horowitz, Browder Capital, Davidovs VC, LGF, Otherwise Fund, ScOp Venture Capital, Seguin Ventures, Stellar Capital, Vera Equity, Vibe Capital, Alex Oppenheimer, Bartek Pucek, Gokul Rajaram, Karim Atiyeh, Nitay Joffe, Ron Pragides, Sahil Lavingia, Scott Belsky, Tikhon Bernstam, Youcef Es-skouri
Jan 1, 2025	Justpoint	$45.0M Series A	—	Lightbank, Right Side Capital Management, 01 Advisors, 9Yards Capital, AAF Management Ltd., Afore Capital, AirAngels, Akshay Kothari, Ali Moiz, Andreessen Horowitz, Antiportfolio Ventures, Backed VC, Basecamp Fund, Basecase Capital, Bradley Horowitz, Brainchild, Brendan O'Driscoll, Chris Smoak, CrunchFund, Divergent Capital, Evan Cheng, Factorial, Flybridge Capital Partners, Founder Collective, George Burke, Hoxton Ventures, Incisive Ventures, KW Angel Fund, LGF, Long Journey Ventures, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Pioneer Square Labs, Scott Banister, Scott Belsky, Shrug Capital, Supernode Ventures, Symbolic Capital, Todd and Rahul's Angel Fund, Uncork Capital, Vivek Garipalli, VZVC, Wave Capital, Weekend Fund, What If Ventures
Jan 1, 2025	Eclypsium	$45.0M Series C	—	Alumni Ventures, Andreessen Horowitz, Greylock, Index Ventures, Madrona Ventures, Next47, Passion Capital, Spark Capital, Stellar Capital, Storm Ventures, Ten Eleven Ventures, Tribe Capital, Peter Sonsini
Dec 1, 2024	Mainframe	$6.0M Seed	—	50 Partners, 9Yards Capital, AI4ALL, Alumni Ventures, Artisanal Ventures, basecase capital, Basecase Capital, Cambrian Ventures, Factorial, Flexcap, General Catalyst, Greylock, Hoxton Ventures, Innovation Endeavors, Kleiner Perkins, LGF, NEO, Otherwise Fund, Outrun Ventures, Stellar Capital, Symbolic Capital, Uncork Capital, Unusual Ventures, Vibe Capital, Weekend Fund, Y Combinator, Akshay Kothari, Amjad Masad, Evan Cheng, George Burke, Gokul Rajaram, Kelvin Beachum Jr., Kenneth Griffin, Kevin Weil, Kyle Vogt, Ron Pragides, Scott Belsky, Thibaud Elziere, Thomas Dohmke, Vishal Rao, William Levy
Nov 1, 2024	Wiz Distro	$25K Seed	—	Precursor Ventures, T-Bird Capital, Anthemos Georgiades
Oct 1, 2024	Avarra	$8.0M Seed	—	50 Partners, Lightspeed Venture Partners, NEO, Outrun Ventures, Stellar Capital, Vibe Capital, Y Combinator, Kelvin Beachum Jr., Kevin Weil, Ron Pragides, Thibaud Elziere, William Levy
Sep 1, 2024	Datricks	$15.0M Series A	—	Alumni Ventures, Bascom Ventures, Jerusalem Venture Partners (JVP), SNR, Team8, Alain Hanover
Sep 1, 2024	Chai Discovery	$30.0M Seed	—	50 Partners, NEO, Outrun Ventures, Stellar Capital, Vibe Capital, Y Combinator, Kelvin Beachum Jr., Kevin Weil, Ron Pragides, Thibaud Elziere, William Levy
Sep 1, 2024	Outgo Inc	$15.0M Venture Round	—	50 Partners, Array Ventures, Stuart Peterson, Atlassian Ventures, Comal Ventures, Gradient Ventures, Hyperplane Venture Capital, Kickstart Fund, M12, NEO, Outrun Ventures, Stellar Capital, Transformation Capital, Trucks Venture Capital, Vibe Capital, Y Combinator, Andreas Hadjitofi, Conor Bronsdon, Doug Hayes, Hari Lakshmanan, Immad Akhund, Kelvin Beachum Jr., Kevin Weil, Ron Pragides, Scot Wingo, Thibaud Elziere, Thom Ruhe, William Levy
Aug 1, 2024	HomeLight	$20.0M Series D	—	Ballistic Ventures, Beringea, Bling Capital, Curious Capital, DCM, Euclid Ventures, Greylock, Insight Partners, Krillion Ventures, KRM Interests LLC, Matrix, Maveron, Menlo Ventures, Montage Ventures, NewView Capital, Precursor Ventures, PruVen Capital, Scale Venture Partners, SoftBank Investment Advisers, SOSV, Ulu Ventures, Uncork Capital, Zeev Capital, Deborah Liu, Dmitry Dakhnovsky, Dominik Richter, Jason Stomel, Louis Beryl, Mike Krieger, Nick Caldwell, Omar El-Ayat, Oren Dobronsky, Rob Hodgkinson
Aug 1, 2024	Vybe	$5.0M Seed	—	75 & Sunny, Airtree Ventures, Alumni Ventures, C2 Investment, Conviction Partners, Cyberstarts VC, Embedded Ventures, FirstHand Alliance, Founders Fund, Haun Ventures, Lightbank, NEO, New Form Capital, Pantera Capital, Paradigm, Pear VC, Polygon, Precursor Ventures, Preston-Werner Ventures, Stellar Capital, T-Bird Capital, The Hit Forge, Tioga Capital Partners, Anthemos Georgiades, Balaji Srinivasan, bill weathersby, Elad Gil, Henry Davis, John Collison, Karim Atiyeh, Lex Bayer, Mike Giampapa, Surahbi Gupta, Tony Xu
May 1, 2024	Scale AI	$1.0B Series F	—	Abstract Ventures, Accel, AirAngels, Alt Capital, Alumni Ventures, Amino Capital, Amino Collective, Andreessen Horowitz, Balderton Capital, Battery Ventures, Bling Capital, Breakpoint Capital, C2 Investment, Catapult Capital, Cedar Capital Group, Coatue, CoinFund, Creandum, CRV, Kevin Ding, Divergence Ventures, Dragonfly Capital Partners, FJ Labs, Forerunner Ventures, Founders Fund, Great Oaks Venture Capital, Greenoaks Capital, Greylock, Hanabi Capital, Romero Rodrigues, Helium-3 Ventures, Index Ventures, Innovation Endeavors, IVP, Jigsaw VC, Kleiner Perkins, Lightspeed Venture Partners, Maven Ventures, Menlo Ventures, Multicoin Capital, Outcast Ventures, Pareto Holdings, Polychain Capital, Presight Capital, Primitive Ventures, Quiet Capital, Saga, Scale Venture Partners, Sequoia Capital, Signia Venture Partners, Spark Capital, Stellar Capital, Susa Ventures, TMV, Tribe Capital, UpHonest Capital, Upload Ventures, Verified Capital, Y Combinator, Akshay Kothari, Ben Lin, Ben Porterfield, Bobby Lo, Dan Martell, Dylan Field, Elad Gil, Gokul Rajaram, Haroon Mokhtarzada, John Collison, Larry Braitman, Lawrence Braitman, Luis Cuende, Manik Gupta, Mathilde Collin, Matt Bellamy, Mike Vernal, Peter Sonsini, Regan Bozman, Sahin Boydas, Sam Lambert, Samvit Ramadurgam, Scott Belsky, Shane Neman, Sohail Prasad, Stani Kulechov, Stefan George, Sue Xu, Trevor Martin
May 1, 2024	Alinia AI	$2.0M Seed	—	7BC Venture Capital, Audrey Capital, Bain Capital, Bold Capital Partners, Entrepreneur First, General Catalyst, Motier Ventures, Precursor Ventures, Preston-Werner Ventures, Safar Partners, Samsung NEXT Ventures, Speedinvest, T-Bird Capital, The Hit Forge, Anthemos Georgiades, Bob Young, Henry Davis, Thomas Rebaud, Tobias Lutke
Mar 1, 2024	Baseten	$40.0M Series B	—	01 Advisors, 9Yards Capital, Acrew Capital, Andreessen Horowitz, basecase capital, Bond, C2 Investment, Conviction Partners, Factorial, Gradient Ventures, Greylock, Sangeen Zeb, Hoxton Ventures, Infinite Capital, IVP, LGF, Liquid 2 Ventures, Mischief Venture Capital, Hilarie Koplow-McAdams, Pioneer Fund, Plaid, Predictive VC, Sequoia Capital, Spark Capital, Symbolic Capital, Jarrod Dicker, Tet Ventures, Uncork Capital, Weekend Fund, Akshay Kothari, Allison Pickens (Allison Pickens Ventures), Charles Zedlewski, Cristina Cordova, DJ Patil, Dylan Field, Evan Cheng, George Burke, Greg Brockman, Neha Narkhede, Peter Reinhardt, Ron Pragides, Scott Belsky, Will Gaybrick, William Hockey, Zachary Sims
Feb 1, 2024	Analog	$16.0M Seed	—	Accelr8, Alumni Ventures, Andreessen Horowitz, Better Capital, Greylock, Index Ventures, Majinx Capital, Master Ventures, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, Orange Fund (Orange DAO), Paradigm, Shaan's All Access Fund, Spark Capital, SRB Ventures, Stellar Capital, Trajectory Ventures, Tribe Capital, Balaji Srinivasan, Joi Ito, Peter Sonsini, Vipul Ved Prakash

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Stellation Capital.

Peter Boyce II

Investor

Leadership Team

Key people at Stellation Capital.

Peter Boyce II

Investor

Deep Dive

High-Level Overview

Stellation Capital is an early-stage venture capital firm based in Brooklyn, New York, that focuses on investing in founders building the next generation of internet infrastructure, financial technology, and mission-critical software. Their mission centers on supporting "philomath" founders—intellectually curious and driven entrepreneurs—by providing growth capital and strategic partnership from the earliest stages of company development through expansion. The firm invests primarily in sectors including crypto/Web3/blockchain, SaaS, financial services, marketplaces, social networking, HR tech, and health & wellness. Stellation Capital aims to accelerate business growth and create long-term value by extending founders' reach through access to capital, networks, and community, thereby positively impacting the startup ecosystem by backing innovative, mission-driven companies[1][2][4].

Origin Story

Founded in 2021 by Peter Boyce II, Stellation Capital has evolved with a focus on supporting intellectually voracious founders who build foundational technology and software. Peter Boyce’s background and vision emphasize partnering closely with mission-driven entrepreneurs from the "launch to orbit" phases of their ventures. The firm's name, "Stellation," metaphorically reflects their goal of extending the boundaries of original ideas into new, star-like innovations. Key partners include Peter Boyce II and associates such as Rhian Horton, who actively engage with portfolio founders. The firm has grown its focus to include a wide range of tech sectors, especially financial services and software infrastructure, reflecting the evolving needs of the tech ecosystem[2][3][5].

Core Differentiators

Unique Investment Model: Stellation Capital specializes in "first-check" investments, meaning they often co-lead seed rounds and invest early to support founders from inception through growth.
Network Strength: The firm leverages a strong network of experienced operators and founders, including those with backgrounds at companies like Snapchat and Apple, to provide strategic support.
Track Record: Though relatively new, Stellation has invested in promising startups such as consumer-friendly crypto wallets, home services operating systems, and AI-driven software applications.
Operating Support: Beyond capital, Stellation offers hands-on partnership, community building, and access to expertise, helping founders navigate early-stage challenges and scale effectively[2][5].

Role in the Broader Tech Landscape

Stellation Capital rides the wave of transformative trends in internet infrastructure, crypto/Web3, AI, and mission-critical software. Their timing aligns with a broader shift in venture capital toward supporting foundational technology and software that enable new digital economies and decentralized systems. Market forces such as the rise of AI-powered applications, increasing demand for secure and user-friendly financial technology, and the growth of community-driven platforms favor Stellation’s investment thesis. By backing diverse, creative founders who build infrastructure and tools for the future, Stellation influences the broader ecosystem by fostering innovation that underpins next-generation digital experiences and services[1][2][4].

Quick Take & Future Outlook

Looking ahead, Stellation Capital is poised to deepen its influence by continuing to back intellectually rigorous founders who tackle complex, mission-critical problems in tech. Trends such as AI integration, blockchain adoption, and the expansion of decentralized finance will likely shape their portfolio’s evolution. As the firm matures, its role as a strategic partner and network hub will become increasingly important in helping startups scale sustainably. Stellation’s commitment to extending the reach of visionary founders suggests a future where it remains a key player in shaping the infrastructure and software that power emerging digital economies and communities[2][4][5].

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Stellation Capital specializes in "first-check" investments, meaning they often co-lead seed rounds and invest early to support founders from inception through growth.
Network Strength: The firm leverages a strong network of experienced operators and founders, including those with backgrounds at companies like Snapchat and Apple, to provide strategic support.
Track Record: Though relatively new, Stellation has invested in promising startups such as consumer-friendly crypto wallets, home services operating systems, and AI-driven software applications.
Operating Support: Beyond capital, Stellation offers hands-on partnership, community building, and access to expertise, helping founders navigate early-stage challenges and scale effectively[2][5].