# Four Cities Capital: portfolio, investments and team

> Four Cities Capital is a vc firm based in United States. 61 investments on record, 3 in the last 12 months, latest Apr 2026.

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

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

# Four Cities Capital

Last cheque observed Apr 2026; 61 cheques on record.

Deploying now New fund $600K, Sept 2026 VC firm

Seed Venture Series A Venture Capital & Private Equity

Deploying now

**25%** of best year **3** **cheques in 12 months**, 61 on record

Since the last cheque **209** days **00** hrs **00** min **00** sec

Median round **$5.2M** Rounds led **0 of 61** Mostly in **United States, 85%**

Pitch Four Cities Capital

## Four Cities Capital highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Seed and Venture: 71% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Boston, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **61 appearances**

- **2026** 2 rounds
- **Apr** **[Perimeter](https://millionrounds.com/company/perimeter)** Venture · US **$60M** With 2 others
- **Jan** **[Alba Orbital](https://millionrounds.com/company/alba-orbital)** Venture · GB **Undisclosed** With 8 others
- **2025** 9 rounds
- **Nov** **[Alcove](https://millionrounds.com/company/alcove)** Venture · US **Undisclosed** With 5 others
- **Jul** **[Caseflood.ai](https://millionrounds.com/company/caseflood-ai)** Seed · US **$3.2M** With 6 others
- **Jul** **[Kadence](https://millionrounds.com/company/kadence)** Series A · US **$20M** With 6 others
- **Jun** **[Integrated Reasoning](https://millionrounds.com/company/integrated-reasoning)** Seed · US **$1.9M** With 5 others
- **May** **[Akido Labs](https://millionrounds.com/company/akido-labs)** Series B · US **$60M** With 4 others
- **Mar** **[Flagright](https://millionrounds.com/company/flagright)** Seed · US **$4.3M** With 5 others
- **Feb** **[Universal](https://millionrounds.com/company/universal)** Venture · US **$9.0M** With 3 others
- **Jan** **[CivilGrid](https://millionrounds.com/company/civilgrid)** Series A · US **$23M** With 5 others
- **Jan** **[Roofr](https://millionrounds.com/company/roofr)** Venture · US **Undisclosed** With 4 others
- **2024** 11 rounds
- **Dec** **[Masa](https://millionrounds.com/company/masa)** Venture · US **$1.0M** With 4 others
- **Dec** **[Meez Culinary Solutions](https://millionrounds.com/company/meez-culinary-solutions)** Venture · US **$8.9M** With 6 others
- **Nov** **[Northflank](https://millionrounds.com/company/northflank)** Series A · GB **$16M** With 4 others
- **May** **[Kudos](https://millionrounds.com/company/kudos)** Series A · CA **$10M** With 4 others
- **May** **[Astra](https://millionrounds.com/company/astra)** Venture · US **Undisclosed** With 5 others
- **Apr** **[Alcove](https://millionrounds.com/company/alcove)** Venture · US **Undisclosed** With 5 others
- **Apr** **[Ellipsis](https://millionrounds.com/company/ellipsis)** Seed · US **$2.0M** With 6 others
- **Apr** **[Just Appraised](https://millionrounds.com/company/just-appraised)** Series A · US **$12M** With 5 others
- **Mar** **[Phase Genomics](https://millionrounds.com/company/phase-genomics)** Grant · US **$1.5M** With 4 others
- **Jan** **[Muzz](https://millionrounds.com/company/muzz)** Venture · GB **Undisclosed** With 4 others
- **Jan** **[SmithRx](https://millionrounds.com/company/smithrx)** Series C · US **$60M** With 5 others
- **2023** 9 rounds
- **Nov** **[Hapi App](https://millionrounds.com/company/hapi-app)** Seed · US **$1.6M** With 5 others
- **Sept** **[Afterparty](https://millionrounds.com/company/afterparty)** Venture · US **$5.0M** With 3 others
- **Sept** **[Betterleap](https://millionrounds.com/company/betterleap)** Seed · US **$13M** With 5 others
- **Sept** **[Prequel](https://millionrounds.com/company/prequel)** Seed · US **$5.2M** With 5 others
- **Aug** **[Rightfoot](https://millionrounds.com/company/rightfoot)** Series A · US **$15M** With 5 others
- **Aug** **[Innerspace](https://millionrounds.com/company/innerspace)** Series A · AT **$7.4M** With 5 others
- **Jul** **[Bright](https://millionrounds.com/company/bright)** Series C · GB **$36M** With 5 others
- **Jun** **[Range Biotechnologies](https://millionrounds.com/company/range-biotechnologies)** Seed · US · Pillar VC **$5.2M** With 4 others
- **Apr** **[Berry](https://millionrounds.com/company/berry)** Pre-seed · US **$1.7M** With 3 others
- **2022** 12 rounds
- **Dec** **[TakeShape](https://millionrounds.com/company/takeshape)** Venture · US **Undisclosed** With 2 others
- **Sept** **[Treasury Prime](https://millionrounds.com/company/treasury-prime)** Venture · US **Undisclosed** With 4 others
- **Aug** **[BalkanID](https://millionrounds.com/company/balkanid)** Seed · US **$2.4M** With 2 others
- **Jul** **[Kona](https://millionrounds.com/company/kona)** Seed · US **$4.0M** With 3 others
- **Jul** **[Waffle Labs](https://millionrounds.com/company/waffle-labs)** Venture · US **Undisclosed** With 3 others
- **Jul** **[Promoted.ai](https://millionrounds.com/company/promoted-ai)** Seed · US **$6.0M** With 4 others
- **Jun** **[Runway Health](https://millionrounds.com/company/runway-health)** Pre-seed · US **$1.5M** With 5 others
- **May** **[Cushion](https://millionrounds.com/company/cushion)** Series A · US **$12M** With 5 others
- **May** **[Pillar](https://millionrounds.com/company/pillar)** Seed · US **$200K** With 3 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 **3 named**

BH **Benjamin Hutchinson** Manager i Filing they signed

LB **Louis B Beryl** MANAGER OF THE MANAGER i Filing they signed

MM **Matthew Mcknight** MANAGER OF THE MANAGER i Filing they signed

We also hold **3** 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

**$165M** gross assets of its funds, 2 advisers combined Oct 2026

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

- **Legal name:** FOUR Cities Rubicon, LLC
- **SEC number:** CRD 317080

New fund on file

**$600K**

raised in Sept 2026

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

## The cheque

Seed Venture Series A

Median round joined **$5.2M** the round, not its cheque

Led 0 of 61 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Seed *21*
- Venture *21*
- Series A *12*
- Pre-seed *2*
- Series C *2*
- Debt *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Citibank](https://millionrounds.com/fund/citi) 60
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 28
- [500 Global](https://millionrounds.com/fund/500-startups) 5
- [FJ Labs](https://millionrounds.com/fund/fj-labs) 5
- [Pear VC](https://millionrounds.com/fund/pear-vc) 5
- [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) 4

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## Who they invest alongside

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

[**Citibank** Growth equity **60** rounds together](https://millionrounds.com/fund/citi)[**Y Combinator** Accelerator **28** rounds together](https://millionrounds.com/fund/y-combinator)[**500 Global** Angel **5** rounds together](https://millionrounds.com/fund/500-startups)[**FJ Labs** VC firm **5** rounds together](https://millionrounds.com/fund/fj-labs)[**Pear VC** VC firm **5** rounds together](https://millionrounds.com/fund/pear-vc)[**Pioneer Fund** Private equity **4** rounds together](https://millionrounds.com/fund/pioneer-fund-2)[**Afore Capital** VC firm **3** rounds together](https://millionrounds.com/fund/afore-capital)[**BoxGroup** VC firm **3** rounds together](https://millionrounds.com/fund/boxgroup)[**Liquid 2 Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/liquid-2-ventures)[**Precursor Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/precursor-ventures)[**Shrug Capital** VC firm **3** rounds together](https://millionrounds.com/fund/shrug-capital)[**Slow Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/slow-ventures)

## Recently backed

The latest companies Four Cities Capital put money into.

[**Perimeter** $60M · Apr 2026](https://millionrounds.com/company/perimeter)[**Alba Orbital** Jan 2026](https://millionrounds.com/company/alba-orbital)[**Kadence** $20M · Jul 2025](https://millionrounds.com/company/kadence)[**Integrated Reasoning** $1.9M · Jun 2025](https://millionrounds.com/company/integrated-reasoning)[**Flagright** $4.3M · Mar 2025](https://millionrounds.com/company/flagright)[**CivilGrid** $23M · Jan 2025](https://millionrounds.com/company/civilgrid)

## On podcasts

1 episode naming Four Cities Capital in the title.

- [VC10X](https://millionrounds.com/podcasts/vc10x) 27 Apr 2023 · 35 min VC10X - How to break into VC? - Mia Nguyen, Operating Principal, Four Cities Capital With [Mia Nguyen](https://millionrounds.com/person/mia-nguyen) Mentions [Four Cities Capital](https://millionrounds.com/fund/four-cities-capital) Apple PodcastsShow page

## Quick answers about Four Cities Capital

### What does Four Cities Capital invest in?

Four Cities Capital invests most often at Seed and Venture (71% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is Four Cities Capital?

61 investments on record, 3 of them in the last 12 months. The most recent was in Apr 2026.

### What has Four Cities Capital invested in recently?

Its most recent investments on record: Perimeter (Venture, Apr 2026), Alba Orbital (Venture, Jan 2026) and Alcove (Venture, Nov 2025).

### How big are Four Cities Capital's cheques?

The median round it joins is $5.2M.

### Does Four Cities Capital lead rounds?

Rarely, if at all: none of its 61 investments on record names it as the lead.

### Where does Four Cities Capital invest?

Most of the companies it backs are in the United States (85%) and the United Kingdom (10%).

### Is Four Cities Capital investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does Four Cities Capital invest alongside?

Most often Citibank (60 rounds together), Y Combinator (28 rounds together) and 500 Global (5 rounds together).

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