# Binary Capital: portfolio, investments and team

> Binary Capital is a vc firm based in United States. 4 investments on record, latest Jun 2016. Portfolio, stages, co-investors and team.

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

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

# Binary Capital

Last cheque observed Jun 2016. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

VC firm Quiet Last fund, Apr 2016

Pre-seed Seed Series A Technology Consumer Infrastructure

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **3807** days **00** hrs **00** min **00** sec

Median round **$2.3M** Rounds led **1 of 4** Sole investor **2 rounds**

Pitch Binary Capital

## Binary Capital highlights

- 01 4 rounds on record
- 02 Mostly Series A and Seed: 100% of its rounds
- 03 Sole investor in 2 rounds, median $4.2M

## What they do

> Binary is an early stage venture capital firm focused on the technology sector. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Technology Consumer Infrastructure
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2016** 1 round
- **Jun** **[Recharge](https://millionrounds.com/company/recharge)** Seed · US · TechCrunch **$2.3M** *Led*
- **2015** 2 rounds
- **Jun** **[Unikrn](https://millionrounds.com/company/unikrn)** Series A · US **$7.0M** With 6 others
- **Jun** **[LawnStarter](https://millionrounds.com/company/lawnstarter)** Series A · US **$6.0M** Sole investor
- **2014** 1 round
- **Nov** **[Bellhops](https://millionrounds.com/company/bellhops)** Series A · US **$6.0M** With 9 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

We hold **1** person 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 they claim to have backed

From their own portfolio page (on their website)

**6** of 8 we have independently watched raise

[Bitfury](https://millionrounds.com/company/bitfury)[Blockchain](https://millionrounds.com/company/blockchain)[Patreon](https://millionrounds.com/company/patreon)[Snap](https://millionrounds.com/company/snap)[Toss](https://millionrounds.com/company/toss)[Uber](https://millionrounds.com/company/uber-advanced-technologies-group) LP Portal Skiplagged

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.

Latest fund on file

**Raised**

a fund in Apr 2016

From its SEC filing. Nothing newer is on file yet.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.3M** the round, not its cheque Alone, median **$4.2M**

Led 1 of 4 rounds **25%**

- **Sole investor:** 2 rounds
- **Last cheque:** Jun 2016

Rounds by stage said on their site

- Series A said *3*
- Seed said *1*
- Pre-seed said *-*

Cheques by year Led Joined

2014 2016

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## Recently backed

The latest companies Binary Capital put money into.

[**Recharge** $2.3M · Jun 2016](https://millionrounds.com/company/recharge)

## Mentioned on podcasts

Episodes that name Binary Capital in their description, not their title.

- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 31 May 2018 · 54 min The 'Softbank Effect', Financial Discipline and the Interworkings of a Top Seed Investment Firm Mentions [Binary Capital](https://millionrounds.com/fund/binary-capital)[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau)[Joe Medved](https://millionrounds.com/person/joe-medved) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 7 Nov 2016 · 30 min 20VC: Binary's Justin Caldbeck on Specialisation Being Key To Success In VC, The Biggest Problem In VC Today and Why The Future Is A Moneyless Barter Economy With [Justin Caldbeck](https://millionrounds.com/person/justin-caldbeck) Mentions [Bain Capital](https://millionrounds.com/fund/bain-capital)[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures)[Binary Capital](https://millionrounds.com/fund/binary-capital) *+2* Apple PodcastsShow page

## Quick answers about Binary Capital

### What does Binary Capital invest in?

Binary Capital invests most often at Series A and Seed (100% of the rounds on record), in sectors such as Technology, Consumer and Infrastructure.

### How active is Binary Capital?

4 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Jun 2016.

### What has Binary Capital invested in recently?

Its most recent investments on record: Recharge (Seed, Jun 2016).

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

The median round it joins is $2.3M.

### Is Binary Capital investing now?

No investments in the last 12 months; the latest was in Jun 2016.

### What kind of investor is Binary Capital?

Binary Capital is a VC firm based in San Francisco, United States.

### Has Binary Capital raised a new fund?

Its latest fund filing with the SEC was in Apr 2016.

### When was Binary Capital founded?

Binary Capital was founded in 2014.

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