United States · Investor

Acequia Capital

Filed with the SEC to raise a fund in Oct 2026, closing $42M. Last cheque observed May 2025.

VC firmQuietNew fund $42M, Oct 2026

Pre-seedSeedSeries AAI & Machine LearningAdvanced MaterialsAgnostic

Cheques on record
0%of best year0cheques in 12 months, 13 on record
Since the last cheque534days00hrs00min00sec
Median round$5.0MCheque size, as they say$100K – $1.0MRounds led0 of 13Exits2 from the portfolioMostly inUnited States, 69%
Pitch Acequia Capital

Acequia Capital highlights

  1. 01

    13 rounds on record

  2. 02

    Mostly Seed and Series A: 89% of its rounds

  3. 03

    2 exits from the portfolio

What they do

We are a leading early-stage investment platform.From their own website
Type
VC firm
Cheque size
$100K – $1.0M as they say
Stages
Pre-seedSeedSeries A
Sectors
AI & Machine LearningAdvanced MaterialsAgnostic
Based in
Seattle, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first13 appearances

  1. 2025

    1 round

  2. May
    sensmoreDE · Silicon Canals$7.3MWith 17 others
  3. 2019

    3 rounds

  4. Mar
    CosmianSeed · FR · Cosmian$1.6MWith 6 others
  5. Mar
    GRIDIS · Tech.eu$3.5MWith 3 others
  6. Jan
    Proprio VisionUS · GeekWire$7.0MWith 5 others
  7. 2017

    1 round

  8. Feb
    Against GravityUS · FinSMEs$5.0MWith 6 others
  9. 2015

    2 rounds

  10. Jul
    Doppler LabsSeries B · US$17MWith 7 others
  11. Jun
    Booking Boss Pty LtdSeries A · AU$2.0MWith 3 others
  12. 2014

    3 rounds

  13. Sept
    hotdot.tvSeed · US$600KWith 8 others
  14. Feb
    Ambition, IncSeed · USUndisclosedWith 14 others
  15. Jan
    FlexportSeed · US$6.9MWith 38 others
  16. 2012

    2 rounds

  17. Sept
    FamiliarSeed · US · techcrunch.com$1.3MWith 4 others
  18. Mar
    PS DEPT.Seed · US$750KWith 5 others
  19. 2011

    1 round

  20. Nov
    ClipboardSeed · US · techcrunch.comUndisclosedWith 13 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration4 named

CSChris StrandChief Financial Officer of Acequia Capital Management, LLCiForm ADV
HPHenry P. VigilManager of the General Partner to the General Partner, Acequia Capital Management, LLCiFiling they signed
LDLeif DanielsenManaging Member of the Ultimate General Partner.iFiling they signed
RLRichard LanmanManager of the ManageriFiling they signed

We also hold 21 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$408Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Acequia Capital Management LLC
SEC number
CRD 176533

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

FamiliarBought by Evidence.comUndisclosedOct 2013
ClipboardBought by Salesforce$12MMay 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Acequia Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Acequia Capital put money into.

Quick answers about Acequia Capital

What does Acequia Capital invest in?

Acequia Capital invests most often at Seed and Series A (89% of the rounds on record), in sectors such as AI & Machine Learning, Advanced Materials and Agnostic.

How active is Acequia Capital?

13 investments on record, 0 of them in the last 12 months. The most recent was in May 2025.

What has Acequia Capital invested in recently?

Its most recent investments on record: sensmore (May 2025), Cosmian (Seed, Mar 2019) and GRID (Undisclosed round, Mar 2019).

How big are Acequia Capital's cheques?

The median round it joins is $5.0M. It says it writes cheques of $100K to $1.0M.

Does Acequia Capital lead rounds?

Rarely, if at all: none of its 13 investments on record names it as the lead.

Where does Acequia Capital invest?

Most of the companies it backs are in the United States (69%), Germany (8%) and France (8%).

Is Acequia Capital investing now?

No investments in the last 12 months; the latest was in May 2025.

Who does Acequia Capital invest alongside?

Most often SV Angel (4 rounds together), Alexis Ohanian (2 rounds together) and Betaworks (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it