- Recent Funding
- Investors
- WestCap
WestCap portfolio
WestCap has 7 portfolio companies on record at Recent Funding, with 1 investment in the last 12 months.
About this page
It is a growth equity firm based in New York, US, founded in 1994. It led 8 of the 11 rounds it joined. Its most recent investment on record is Preply's $150M Series B+ round in January 2026, which it led, alongside Horizon Capital, European Bank for Reconstruction and Development, Hoxton Ventures and 2 others. By category, its portfolio leans toward Fintech (3) and Real estate and construction (2). It has co-invested with 8VC, Andreessen Horowitz and Signum Growth Capital, most often 8VC (2 rounds).
About WestCap
Fund returns
| Fund | Vintage | Size | Net IRR | TVPI | DPI | As of |
|---|---|---|---|---|---|---|
| WestCap Strategic Operator Fund II | 2021 | — | 2.6% | 1.10x | 0.02x | Sep 30, 2025 |
| WestCap Strategic Operator Fund | 2020 | — | 14.9% | — | — | Jun 30, 2025 |
What WestCap invests in
- Fintech · 3 · 43%
- Real estate and construction · 2 · 29%
- Education · 1 · 14%
- Data and analytics · 1 · 14%
- Developer tools and cloud · 1 · 14%
- Health and bio · 1 · 14%
- Gaming · 1 · 14%
- Media and content · 1 · 14%
WestCap recent investments
| Company | Round | Date | Alongside |
|---|---|---|---|
| Series B+ · $150M · lead | Horizon Capital, European Bank for Reconstruction and Development, Hoxton Ventures +2 | ||
| Series B+ · $230M · lead | Vitruvian Partners (lead), 8VC, EDBI +2 | ||
| Series B+ · $100M · lead | Andreessen Horowitz | ||
| Series B+ · $45M | Susquehanna Private Equity Investments (lead) | ||
| Series B+ · $37M | Struck Capital, Gaingels, ARK Investment Management +6 | ||
| Series B+ · $64M · lead | Blumberg, Optiver Principal Strategic Investments, Rhodium +6 | ||
| Series B+ · $150M | The Kraft Group, Ryan Tedder, YZi Labs +7 | ||
| Series B+ · $180M · lead | Geolo Capital, VentureFriends, Prime Ventures |
How WestCap invests
| Stage | Deals | Capital in rounds |
|---|---|---|
| Series B+ | 11 100% | $1.2B |
WestCap portfolio companies
PPreply$150MSeries B+ · Jan 2026
AAddepar$230MSeries B+ · May 2025
VValon$100MSeries B+ · Oct 2024
BBlueground$45MSeries B+ · Mar 2024
MMythical Games$37MSeries B+ · Jun 2023
SSharegain$64MSeries B+ · Feb 2022
HHuman Securitybacker
| Company | Round with WestCap | Total raised | Latest raise |
|---|---|---|---|
Education |
Series B+ · $150M · lead | $320.3M | Jan 21, 2026 Series B+ |
Fintech |
Series B+ · $230M · lead | $537M | Apr 17, 2026 Series B+ |
Fintech |
Series B+ · $100M · lead | $343.9M | Oct 5, 2026 Series B+ |
Health and bio |
Series B+ · $45M | $302M | Mar 28, 2024 Series B+ |
Gaming |
Series B+ · $37M | $297M | Jun 27, 2023 Series B+ |
Lending and credit |
Series B+ · $64M · lead | $69M | Feb 15, 2022 Series B+ |
AI agents |
backer | $50M | Oct 9, 2024 Series B+ |
Most frequent co-investors
88VC2 shared rounds · last May 13, 2025
AAndreessen Horowitz2 shared rounds · last Oct 23, 2024
SSignum Growth Capital2 shared rounds · last Jun 27, 2023
SStruck Capital2 shared rounds · last Jun 27, 2023
SSand Hill Angels2 shared rounds · last Nov 4, 2021
- SStruck Crypto2 shared rounds · last Nov 4, 2021
PPrime Ventures2 shared rounds · last Sep 20, 2021
HHoxton Ventures1 shared round · last Jan 21, 2026
IIndico Capital Partners1 shared round · last Jan 21, 2026
EEducapital1 shared round · last Jan 21, 2026
HHorizon Capital1 shared round · last Jan 21, 2026
EEuropean Bank for Reconstruction and Development1 shared round · last Jan 21, 2026
Similar investors
PPruven Capital7 companies · 4 deals in 12 mo
VVanEck7 companies · 4 deals in 12 mo
OOutward VC7 companies · 3 deals in 12 mo
QQatar Development Bank7 companies · 3 deals in 12 mo
TThe Fintech Fund7 companies · 3 deals in 12 mo
AAda Ventures8 companies · 5 deals in 12 mo
Investors whose portfolios on Recent Funding center on the same category (Fintech).
How this is counted
Net returns as reported by the public-pension and foundation LPs invested in each fund.
Firm profile and fund returns: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Share is of the 11 rounds on Recent Funding that name WestCap. 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 WestCap, which is a subset of its real portfolio. API: /api/v1/investors/westcap (get a free API key). More: the most active VC firms and new venture capital funds.