# Active Capital: portfolio, investments and team

> Active Capital is a vc firm based in United States. 50 investments on record, 7 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/active-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Active Capital

Last cheque observed Sep 2026; 50 cheques on record.

Email

Deploying now New fund $11M, May 2024 VC firm

Pre-seed Seed Series A Software Smbs Collaboration Tools

Follow Active Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Factive-capital)

Deploying now

**88%** of best year **7** **cheques in 12 months**, 50 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$4.5M** Cheque size, as they say **$100K – $1.0M** Rounds led **3 of 50** Sole investor **3 rounds** Mostly in **United States, 89%**

Pitch Active Capital

## Active Capital highlights

- 01 7 cheques in the last 12 months
- 02 Mostly Seed and Series A: 65% of its rounds
- 03 Sole investor in 3 rounds, median $1.1M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $1.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Software Smbs Collaboration Tools
- **Based in:** San Antonio, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **50 appearances**

- **2026** 7 rounds
- **Sept** **[Handraise](https://millionrounds.com/company/handraise)** Seed · US **$4.5M** With 4 others
- **Sept** **[EnginZyme](https://millionrounds.com/company/enginzyme)** Venture · SE **$7.6M** With 3 others
- **Jun** **[ZeroDrift](https://millionrounds.com/company/zerodrift)** Seed · US · TechCrunch **$10M** With 7 others
- **Jun** **[Ardent AI](https://millionrounds.com/company/ardent-ai)** Pre-seed · US **$500K** With 2 others
- **Apr** **[Dreambase](https://millionrounds.com/company/dreambase)** Seed · US · Crunchbase News **$3.7M** With 6 others
- **Apr** **[Schematic](https://millionrounds.com/company/schematic)** Seed · US · Crunchbase News **$6.5M** With 6 others
- **Feb** **[Slang AI](https://millionrounds.com/company/slang-ai)** Series B · US · Ventureburn **$36M** With 8 others
- **2025** 4 rounds
- **Sept** **[Ardent AI](https://millionrounds.com/company/ardent-ai)** Pre-seed · US **$2.1M** With 1 other
- **Jul** **[Callidus Legal AI](https://millionrounds.com/company/callidus-legal-ai)** Seed · US **$10M** With 2 others
- **Jul** **[Strongsuit](https://millionrounds.com/company/strongsuit)** Seed · US **$10M** With 2 others
- **Feb** **[Schematic](https://millionrounds.com/company/schematic)** Venture · US **Undisclosed** With 3 others
- **2024** 4 rounds
- **Sept** **[finally](https://millionrounds.com/company/finally)** Debt · US **$150M** With 4 others
- **Sept** **[Fathom](https://millionrounds.com/company/fathom)** Series A · US **$17M** With 3 others
- **Jul** **[Sendspark](https://millionrounds.com/company/sendspark)** Venture · US **Undisclosed** With 3 others
- **Jun** **[Reflex](https://millionrounds.com/company/reflex)** Seed · US **$9.1M** With 2 others
- **2023** 8 rounds
- **Sept** **[Betterleap](https://millionrounds.com/company/betterleap)** Seed · US **$13M** With 5 others
- **May** **[Heysummit](https://millionrounds.com/company/heysummit)** Venture · GB **Undisclosed** With 1 other
- **Apr** **[Undock](https://millionrounds.com/company/undock)** Seed · US **$500K** With 3 others
- **Mar** **[OthersideAI](https://millionrounds.com/company/othersideai)** Seed · US **$2.8M** With 3 others
- **Mar** **[Makeswift](https://millionrounds.com/company/makeswift)** Venture · US **$3.0M** With 2 others
- **Feb** **[BlockJoy](https://millionrounds.com/company/blockjoy)** Series A · US **$12M** With 4 others
- **Feb** **[ProsperOps](https://millionrounds.com/company/prosperops)** Growth · US **$72M** Sole investor
- **Jan** **[Profit.co](https://millionrounds.com/company/profit-co)** Series A · US **$9.0M** With 3 others
- **2022** 8 rounds
- **Oct** **[LoudCrowd](https://millionrounds.com/company/loudcrowd)** Series A · US **$5.0M** With 2 others
- **Aug** **[Havoc Shield](https://millionrounds.com/company/havoc-shield)** Seed · US **$3.5M** With 2 others
- **Aug** **[Founderpath](https://millionrounds.com/company/founderpath)** Debt · US **$135M** With 1 other
- **Jul** **[Array](https://millionrounds.com/company/array)** Venture · US **Undisclosed** With 2 others
- **Apr** **[Olive](https://millionrounds.com/company/olive)** Seed · US **$3.0M** With 3 others
- **Apr** **[Ghost Financial](https://millionrounds.com/company/ghost-financial)** Pre-seed · US **$2.5M** With 2 others
- **Feb** **[Cohley](https://millionrounds.com/company/cohley)** Venture · US **Undisclosed** With 2 others
- **Jan** **[FloatMe](https://millionrounds.com/company/floatme)** Series A · US · Foundry Group **Undisclosed** With 5 others
- **2021** 9 rounds
- **Dec** **[FloatMe](https://millionrounds.com/company/floatme)** Series A · US **$16M** With 3 others
- **Nov** **[Racket](https://millionrounds.com/company/racket)** Pre-seed · US **$3.0M** With 4 others
- **Nov** **[Talisman](https://millionrounds.com/company/talisman)** Pre-seed · AU **$400K** With 2 others
- **Sept** **[Healix Clean Tech](https://millionrounds.com/company/healix-clean-tech)** Seed · NL **$12M** With 1 other
- **Sept** **[WorkEQ](https://millionrounds.com/company/workeq)** Venture · US **Undisclosed** With 1 other
- **Aug** **[Tetra Insights](https://millionrounds.com/company/tetra-insights)** Series A · US **$5.0M** With 1 other
- **May** **[Breadcrumbs.io](https://millionrounds.com/company/breadcrumbs-io)** Seed **$5.4M** With 3 others
- **Mar** **[Living Security](https://millionrounds.com/company/living-security)** Series B **$14M** With 2 others
- **Jan** **[Yac](https://millionrounds.com/company/yac)** Series A **$7.5M** With 4 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 registration **2 named**

PM **Pat Matthews** Managing Member of the Upper-Tier GP i Filing they signed

PM **Patrick Michael Matthews** Managing Member of the Upper-Tier GP i Filing they signed

We also hold **5** 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

**$286M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Active Venture Partners, LLC
- **SEC number:** CRD 294383

New fund on file

**$11M**

raised in May 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$4.5M** the round, not its cheque Alone, median **$1.1M**

Led 3 of 50 rounds **6%**

- **Said size:** $100K – $1.0M
- **Sole investor:** 3 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *24*
- Series A said *8*
- Venture *8*
- Pre-seed said *5*
- Debt *2*
- Series B said *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Techstars](https://millionrounds.com/fund/techstars) 7
- [Capital Factory](https://millionrounds.com/fund/capital-factory) 6
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 4
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 3
- [Hustle Fund](https://millionrounds.com/fund/hustle-fund) 3
- [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) 3

**Pitching Active Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Techstars** VC firm **7** rounds together](https://millionrounds.com/fund/techstars)[**Capital Factory** VC firm **6** rounds together](https://millionrounds.com/fund/capital-factory)[**Y Combinator** Accelerator **4** rounds together](https://millionrounds.com/fund/y-combinator)[**Bessemer Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Hustle Fund** VC firm **3** rounds together](https://millionrounds.com/fund/hustle-fund)[**Right Side Capital Management** VC firm **3** rounds together](https://millionrounds.com/fund/right-side-capital-management)[**Silverton Partners** VC firm **3** rounds together](https://millionrounds.com/fund/silverton-partners)[**500 Global** Angel **2** rounds together](https://millionrounds.com/fund/500-startups)[**Cervin Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/cervin-ventures)[**Crane Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/crane-venture-partners)[**Denver Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/denver-angels)[**Foundry Group** VC firm **2** rounds together](https://millionrounds.com/fund/foundry)

## Recently backed

The latest companies Active Capital put money into.

[**Handraise** $4.5M · Sept 2026](https://millionrounds.com/company/handraise)[**EnginZyme** $7.6M · Sept 2026](https://millionrounds.com/company/enginzyme)[**ZeroDrift** $10M · Jun 2026](https://millionrounds.com/company/zerodrift)[**Dreambase** $3.7M · Apr 2026](https://millionrounds.com/company/dreambase)[**Schematic** $6.5M · Apr 2026](https://millionrounds.com/company/schematic)[**finally** $150M · Sept 2024](https://millionrounds.com/company/finally)

## Quick answers about Active Capital

### What does Active Capital invest in?

Active Capital invests most often at Seed and Series A (65% of the rounds on record), in sectors such as Software, Smbs and Collaboration Tools.

### How active is Active Capital?

50 investments on record, 7 of them in the last 12 months, and it led 3. The most recent was in Sept 2026.

### What has Active Capital invested in recently?

Its most recent investments on record: Handraise (Seed, Sept 2026), EnginZyme (Venture, Sept 2026) and ZeroDrift (Seed, Jun 2026).

### How big are Active Capital's cheques?

The median round it joins is $4.5M. It says it writes cheques of $100K to $1.0M.

### Does Active Capital lead rounds?

Sometimes: it led 3 of its 50 investments on record (6%).

### Where does Active Capital invest?

Most of the companies it backs are in the United States (89%).

### Is Active Capital investing now?

Yes: it is actively investing, with 7 investments in the last 12 months.

### Who does Active Capital invest alongside?

Most often Techstars (7 rounds together), Capital Factory (6 rounds together) and Y Combinator (4 rounds together).

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