United States · Investor

Keiretsu Capital

Last cheque observed Sep 2026; 76 cheques on record.

Deploying nowNew fund $7.7M, Dec 2025VC firm

SeedSeries ASeries BBlockchainReal EstateTechnology

Deploying now
50%of best year5cheques in 12 months, 76 on record
Since the last cheque60days00hrs00min00sec
Median round$2.2MCheque size, as they say$100K – $5.0MRounds led0 of 76Sole investor18 roundsMostly inUnited States, 85%
Pitch Keiretsu Capital

Keiretsu Capital highlights

  1. 01

    5 cheques in the last 12 months

  2. 02

    Mostly Venture and Seed: 73% of its rounds

  3. 03

    Sole investor in 18 rounds, median $1.4M

What they do

Most Active VC In The US, Pitchbook 2021From their own website
Type
VC firm (from a list, unverified)
Cheque size
$100K – $5.0M as they say
Stages
SeedSeries ASeries BGrowth
Sectors
BlockchainReal EstateTechnology
Based in
Seattle, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first76 appearances

  1. 2026

    4 rounds

  2. Sept
    LumoptikVenture · US$1.5MSole investor
  3. Sept
    PittMossVenture · US$1.2MWith 2 others
  4. Feb
    Arbutus MedicalGrowth · CA · Firms' own news pages$6.8MWith 7 others
  5. Jan
    Volan.aiSeed · US$1.2MSole investor
  6. 2025

    6 rounds

  7. Nov
    Salarius PharmaceuticalsUS$7.0MWith 2 others
  8. Oct
    Steelhead CompositesVenture · US$1.9MWith 2 others
  9. Aug
    Seneca TherapeuticsSeries B · US$3.9MSole investor
  10. Aug
    Loopr AISeed · US$5.4MWith 1 other
  11. Jul
    b.well Connected HealthDebt · US$20MWith 3 others
  12. Mar
    Soteria Battery Innovation GroupVenture · USUndisclosedWith 2 others
  13. 2024

    9 rounds

  14. Nov
    InmedixVenture · US$720KWith 1 other
  15. Oct
    Virion TherapeuticsVenture · US$95KWith 1 other
  16. Oct
    VisperaVenture · TR$250KWith 2 others
  17. Jul
    Orion BiotechnologyVenture · CA$6.8MWith 4 others
  18. May
    LumiTheraVenture · US$2.4MWith 1 other
  19. Mar
    PittMossVenture · USUndisclosedWith 2 others
  20. Mar
    Pollen SystemsSeries A · US$2.4MWith 1 other
  21. Mar
    Another TomorrowSeries A · US$2.0MSole investor
  22. Jan
    Turn TechnologiesVenture · USUndisclosedWith 3 others
  23. 2023

    15 rounds

  24. Dec
    Kokopelli OutdoorVenture · US$1.0MWith 1 other
  25. Nov
    HealionicsSeries A · US$5.5MWith 2 others
  26. Oct
    EarthGrid PBCSeed · US$27MWith 1 other
  27. Oct
    Sisu Global HealthSeed · US$100KWith 3 others
  28. Jul
    CurvaFixSeries C · US$39MWith 2 others
  29. Jun
    Electric PlayhouseSeries B · US$50KSole investor
  30. May
    BuoySeed · US$2.5MWith 2 others
  31. May
    Tenzr HealthVenture · CAUndisclosedWith 4 others
  32. Apr
    Tend HealthVenture · NZUndisclosedSole investor
  33. Apr
    Stracker SolarVenture · USUndisclosedSole investor
  34. Apr
    Galen RoboticsVenture · USUndisclosedSole investor
  35. Feb
    Joule CaseCrowdfunding · US$2.2MSole investor
  36. Feb
    SpIntellxVenture · USUndisclosedWith 2 others
  37. Jan
    Epilogue SystemsVenture · USUndisclosedWith 1 other
  38. Jan
    OtoNexus Medical Technologies Inc.Venture · US$1.4MWith 4 others
  39. 2022

    13 rounds

  40. Dec
    DecisionNextVenture · USUndisclosedWith 1 other
  41. Dec
    Beta HatchVenture · USUndisclosedWith 2 others
  42. Dec
    ActXVenture · US$6.0MWith 1 other
  43. Nov
    ArchaxSeries A · GB · Firms' own news pages$29MWith 7 others
  44. Sept
    React MobileVenture · USUndisclosedSole investor
  45. Sept
    HaptXSeries B · US$23MWith 2 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 registration6 named

ADAlison DavisManager of the General Partner.iFiling they signed
BHBarry HeningerManaging Partner of ManageriFiling they signed
MLMatthew Le MerleManager of the issuer's sole general partneriFiling they signed
MLMatthew LemerleMANAGING MEMBER OF THE ISSUER'S MANAGERiFiling they signed
NMNathan McDonaldManager of the issuer's sole general partneriFiling they signed
RWRandy WilliamsManager of the issuer's sole general partneriFiling they signed

We also hold 15 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 they claim to have backed

From their own portfolio page (on their website)

32 of 60 we have independently watched raise

AroviaBlazebioscienceCleanfiberClicsDecisionnextDefunkifyElectricplayhouseEvconnectEvrysbioHealionicsIndigobiosciencesJoulecaseLumitheraMissionbioOtonexusOtosensePathwarePatterncomputerPerkvillePhyllombioproductsPhytelligencePicmonicPittmossPollensystemsReelsonarSisuglobalTranscribemeTurnUbiqdUnaliwearViakooVispera2020geneAlpineAlternacardAmerican WebtechAnalyzecorpAtrinpharmaAudiienceClothing2ConeandsteinerFemselectHcn-incIcanbwellInrealityKiwicoKiwiforgmailLaurentpharmaLinqtoLungpacerNewviewsurgOperativeexperiencePiamedicalPoweredbyelevationRealkeySagemedicSalariuspharmaSocialstandardsTiltingmotorworksVaridiand 2 more

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.

Who they invest alongside

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

Recently backed

The latest companies Keiretsu Capital put money into.

Quick answers about Keiretsu Capital

What does Keiretsu Capital invest in?

Keiretsu Capital invests most often at Venture and Seed (73% of the rounds on record), in sectors such as Blockchain, Real Estate and Technology.

How active is Keiretsu Capital?

76 investments on record, 5 of them in the last 12 months. The most recent was in Sept 2026.

What has Keiretsu Capital invested in recently?

Its most recent investments on record: Lumoptik (Venture, Sept 2026), PittMoss (Venture, Sept 2026) and Arbutus Medical (Growth, Feb 2026).

How big are Keiretsu Capital's cheques?

The median round it joins is $2.2M. It says it writes cheques of $100K to $5.0M.

Does Keiretsu Capital lead rounds?

Rarely, if at all: none of its 76 investments on record names it as the lead.

Where does Keiretsu Capital invest?

Most of the companies it backs are in the United States (85%) and Canada (8%).

Is Keiretsu Capital investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

Who does Keiretsu Capital invest alongside?

Most often Keiretsu Forum (26 rounds together), Tech Coast Angels (7 rounds together) and National Science Foundation (5 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

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