United States · 
What does Alpaca VC invest in?
Alpaca VC invests most often at Seed and Venture (63% of the rounds on record), in sectors such as Semi-conductor, Social Good and Physical Sciences.
Alpaca VC highlights
- 01
9 cheques in the last 12 months
- 02
Mostly Seed and Venture: 63% of its rounds
- 03
Sole investor in 3 rounds, median $2.8M
What they do
Filed 1 private fund offering with the SEC, the most recent in 2022-09From their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- $500K – $1.3M as they say
- Stages
- Pre-seedSeedSeries ASeries B
- Sectors
- Semi-conductorSocial GoodPhysical Sciences
- Based in
- New York, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first70 appearances
- 2026
8 rounds
- Sept
- Sept
- Sept
- Sept
- May
- Mar
- Mar
- Feb
- 2025
13 rounds
- Dec
- Sept
- Sept
- Sept
- Aug
- Jul
- Jun
- May
- May
- Mar
- Feb
- Jan
- Jan
- 2024
10 rounds
- Oct
- Oct
- Sept
- Sept
- Aug
- Aug
- Jun
- Apr
- Apr
- Mar
- 2023
10 rounds
- Dec
- Dec
- Nov
- Nov
- Oct
- Oct
- Aug
- Jul
- Jul
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 registration7 named
ARAubrie Rose PaganoManaging MemberiFiling they signed
DFDaniel FetnerManaging Member of the ManageriFiling they signed
DRDavid R GoldbergManaging Member of the ManageriFiling they signed
JNJeremy NeilsonManaging Director of the Issuer's ManageriFiling they signed
RARaymond Andrew UpdykeVP, Operations and Finance of Alpaca VC Investment Management LLC, an affiliate of the ManageriFiling they signed
RTRichard ThomsOfficer of the Issuer's ManageriFiling they signed
RDRyan David FreedmanManaging Member of the ManageriFiling they signed
We also hold 11 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
$150Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Alpaca VC Investment Management LLC
- SEC number
- CRD 317262
Funds on its Form ADV
12 private funds, $184M in gross assets · filed May 2024
Venture 10Private equity 2
- Alpaca VC Fund III L.P.Venture74 investors$75M
- Corigin Ventures Fund II L.P.Venture57 investors$50M
- Alpaca Built World Fund I L.P.Venture26 investors$44M
- Alpaca Kraken I, A Series of Alpaca VC Master Direct Invest LLCPrivate equity10 investors$4.6M
- Alpaca VC SPV #3 LLCVenture5 investors$3.7M
- Alpaca PAIR SPV LLCVenture5 investors$1.7M
- Alpaca VC SPV #4 LLCPrivate equity5 investors$1.3M
- Alpaca VC SPV #5 LLCVenture6 investors$1.0M
- Alpaca VC SPV #2 LLCVenture3 investors$509K
- Imperfect SPV, A Series of Alpaca VC Master Direct Invest LLCVenture4 investors$451K
And 2 more on the filing.
What they claim to have backed
From their own portfolio page (on their website)
19 of 32 we have independently watched raise
AmplioArriveoutdoorsClasspassDazeEarth AIHopscotchlabsImperfectfoodsIntramotevLendingclubOptiversalPackdigitalSplitpayTapstitchTitlesTriallyUltimariiWheelsupWonZeelAcelabusaApplied AtomicsAutopoiesisBrilliant HarvestCompassLatchLexMaypleNorthPreludelabsPublic GridTealhqVaticlabs
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.