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- Background Capital
Background Capital portfolio
Background Capital has 1 portfolio company on record at Recent Funding.
About this page
It is a venture capital firm based in Madison, US, founded in 2017. Its most recent investment on record is Flipturn's $4.5M Seed round in July 2023, alongside Comma Capital and Accel. That company is in Climate and energy.
About Background Capital
Funds raised
| Fund | Fund # | Size | Announced |
|---|---|---|---|
Bay Area | Ifirst fund | $9Mvia Shai Goldman's fund list |
What Background Capital invests in
- Climate and energy · 1 · 100%
- Developer tools and cloud · 1 · 100%
- Real estate and construction · 1 · 100%
How Background Capital invests
| Stage | Deals | Capital in rounds |
|---|---|---|
| Seed | 1 100% | $4.5M |
Background Capital portfolio companies
| Company | Round with Background Capital | Total raised | Latest raise |
|---|---|---|---|
Climate and energy |
Seed · $4.5M | $15.5M | Nov 1, 2024 Series A |
Most frequent co-investors
Similar investors
- FFiftyThree Stations1 company · 1 deal in 12 mo
CCollateral Good2 companies · 1 deal in 12 mo
CCrucible Capital3 companies · 2 deals in 12 mo
AAres Management3 companies · 1 deal in 12 mo
AAnanda Impact Ventures4 companies · 2 deals in 12 mo
FFirst Peak Ventures4 companies
Investors whose portfolios on Recent Funding center on the same category (Climate and energy).
How this is counted
Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Venture funds Background Capital raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.
Share is of the 1 round on Recent Funding that name Background Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.
Portfolio companies are the companies on Recent Funding with a round that lists Background Capital, which is a subset of its real portfolio. API: /api/v1/investors/background-capital (get a free API key). More: the most active VC firms and new venture capital funds.