# Leadout Capital: portfolio, investments and team

> Leadout Capital is a vc firm based in United States. 3 investments on record, 1 in the last 12 months, latest Apr 2026.

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

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

# Leadout Capital

Last cheque observed Apr 2026; 3 cheques on record.

Email

VC firm Deploying now Last fund, Apr 2021

Seed Series A Industry-agnostic Sector Agnostic Agnostic

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

Deploying now

**100%** of best year **1** **cheques in 12 months**, 3 on record

Since the last cheque **202** days **00** hrs **00** min **00** sec

Median round **$5.0M** Cheque size, as they say **$500K – $2.0M** Rounds led **2 of 3**

Pitch Leadout Capital

## Leadout Capital highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series B: 100% of its rounds
- 03 Led 2 rounds

## What they do

> Leadout Capital is an early-stage venture fund with a focus on founder-market fit From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $2.0M as they say
- **Stages:** Seed Series A
- **Sectors:** Industry-agnostic Sector Agnostic Agnostic
- **Based in:** Portola Valley, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2026** 1 round
- **Apr** **[Expo (650 Industries Inc.)](https://millionrounds.com/company/expo-650-industries-inc)** Series B · US · Ventureburn **$45M** With 3 others
- **2024** 1 round
- **Nov** **[Latii](https://millionrounds.com/company/latii)** Seed · US · LatamList **$5.0M** *Led*
- **2019** 1 round
- **May** **[CoProcure](https://millionrounds.com/company/coprocure)** US · Medium **$1.5M** *Led*

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**

AH **Alison Hope Rosenthal** Managing Director of the General Partner i Filing they signed

ST **Steven Thomas Brownlie** Managing Director of the General Partner i Filing they signed

We also hold **6** 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

**$87M** gross assets of its funds Oct 2026

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

- **Legal name:** Leadout Capital Management, LLC
- **SEC number:** CRD 302030

## What they claim to have backed

From their own portfolio page (on their website)

**29** of 45 we have independently watched raise

[AFi](https://millionrounds.com/company/afi)[Arc](https://millionrounds.com/company/arc)[AtoB](https://millionrounds.com/company/atob)[Axiom Cloud](https://millionrounds.com/company/axiom-cloud)[Basis](https://millionrounds.com/company/basis)[BiggerPicture](https://millionrounds.com/company/biggerpicture)[BlockSpaces](https://millionrounds.com/company/blockspaces)[CRS](https://millionrounds.com/company/crs)[Centrly](https://millionrounds.com/company/centrly)[Cloudsmith](https://millionrounds.com/company/cloudsmith)[Creatify AI](https://millionrounds.com/company/creatify-ai)[Expo](https://millionrounds.com/company/expo)[First Bite](https://millionrounds.com/company/first-bite)[Human](https://millionrounds.com/company/human)[Kraftful](https://millionrounds.com/company/kraftful)[Latii](https://millionrounds.com/company/latii)[Laws of Motion](https://millionrounds.com/company/laws-of-motion)[Liferaft](https://millionrounds.com/company/liferaft)[Lovewick](https://millionrounds.com/company/lovewick)[Momentum](https://millionrounds.com/company/momentum)[Near Space Labs](https://millionrounds.com/company/near-space-labs)[Pack](https://millionrounds.com/company/pack)[Pavilion](https://millionrounds.com/company/pavilion)[R-Zero](https://millionrounds.com/company/r-zero)[Reserve Trust](https://millionrounds.com/company/reserve-trust)[SYKY](https://millionrounds.com/company/syky)[The Vendry](https://millionrounds.com/company/the-vendry)[YourPath](https://millionrounds.com/company/yourpath)[theCut](https://millionrounds.com/company/thecut) Boh Booksloth Castro Labs Data Driven Bioscience ENDVR Insito Health LiSTR Pawscout Ruby Money SageLink Series Financial Stellation Care Streamlane TeamLift Tierra Walrus

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 2021

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

## The cheque

Seed Series A

Median round joined **$5.0M** the round, not its cheque

Led 2 of 3 rounds **67%**

- **Said size:** $500K – $2.0M
- **Sole investor:** Never alone
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Seed said *1*
- Series B *1*
- Series A said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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

Add to your CRM *→*

## Recently backed

The latest companies Leadout Capital put money into.

[**Latii** $5.0M · Nov 2024](https://millionrounds.com/company/latii)

## Quick answers about Leadout Capital

### What does Leadout Capital invest in?

Leadout Capital invests most often at Seed and Series B (100% of the rounds on record), in sectors such as Industry-agnostic, Sector Agnostic and Agnostic.

### How active is Leadout Capital?

3 investments on record, 1 of them in the last 12 months, and it led 2. The most recent was in Apr 2026.

### What has Leadout Capital invested in recently?

Its most recent investments on record: Expo (650 Industries Inc.) (Series B, Apr 2026), Latii (Seed, Nov 2024) and CoProcure (Undisclosed round, May 2019).

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

The median round it joins is $5.0M. It says it writes cheques of $500K to $2.0M.

### Is Leadout Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Leadout Capital?

Leadout Capital is a VC firm based in Portola Valley, United States.

### How much does Leadout Capital manage?

About $87M, as gross assets of its private funds (Oct 2026).

### Has Leadout Capital raised a new fund?

Its latest fund filing with the SEC was in Apr 2021.

## Raising now?

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

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=leadout-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=leadout-capital)
