# S28 Capital: portfolio, investments and team

> S28 Capital is a vc firm based in United States. 6 investments on record, latest Nov 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/s28-capital (Millionrounds; every figure on the page links to its filing or article)

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

# S28 Capital

Last cheque observed Nov 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

VC firm Quiet Last fund, Apr 2021

Seed Series A Software Solar Geospatial

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **2543** days **00** hrs **00** min **00** sec

Median round **$9.8M** Cheque size, as they say **$1.0M – $5.0M** Rounds led **2 of 6** Mostly in **United States, 100%**

Pitch S28 Capital

## S28 Capital highlights

- 01 6 rounds on record
- 02 Mostly Series B: 100% of its rounds
- 03 Led 2 rounds

## What they do

> S28 Capital is a venture fund based in San Francisco, run by operators and entrepreneurs who are helping the next generation of founders build their companies. From their own website

- **Type:** VC firm
- **Cheque size:** $1.0M – $5.0M as they say
- **Stages:** Seed Series A
- **Sectors:** Software Solar Geospatial
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2019** 6 rounds
- **Nov** **[Eden](https://millionrounds.com/company/eden)** Series B · US · FinSMEs **$25M** With 14 others
- **Nov** **[Acquire](https://millionrounds.com/company/acquire)** US · FinSMEs **$5.4M** *Led*
- **Nov** **[Memfault](https://millionrounds.com/company/memfault)** US · Devops **$2.5M** With 2 others
- **Oct** **[Panther Labs](https://millionrounds.com/company/panther-labs)** US · Blog **$4.5M** *Led*
- **Jun** **[Rhumbix](https://millionrounds.com/company/rhumbix)** Series B · US · FinSMEs **$14M** With 5 others
- **Jun** **[Mattermost](https://millionrounds.com/company/mattermost)** Series B · US · FinSMEs **$50M** 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 **1 named**

KC **Kent Ching-Tak Ho** Managing Director i Form ADV

We also hold **4** 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

**$490M** gross assets of its funds Oct 2026

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

- **Legal name:** S28 Capital LLC
- **SEC number:** CRD 281047

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 **$9.8M** the round, not its cheque

Led 2 of 6 rounds **33%**

- **Said size:** $1.0M – $5.0M
- **Sole investor:** Never alone
- **Last cheque:** Nov 2019

Rounds by stage said on their site

- Series B *3*
- Seed said *-*
- Series A said *-*

Often in the room with

- [Fathom Capital](https://millionrounds.com/fund/fathom-capital) 2

**Pitching S28 Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as S28 Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Fathom Capital** VC firm **2** rounds together](https://millionrounds.com/fund/fathom-capital)

## Recently backed

The latest companies S28 Capital put money into.

[**Memfault** $2.5M · Nov 2019](https://millionrounds.com/company/memfault)[**Rhumbix** $14M · Jun 2019](https://millionrounds.com/company/rhumbix)[**Mattermost** $50M · Jun 2019](https://millionrounds.com/company/mattermost)

## Mentioned on podcasts

Episodes that name S28 Capital in their description, not their title.

- [Invest Like the Best](https://millionrounds.com/podcasts/invest-like-the-best) 26 Jul 2022 · 1h 14m Alok Vasudev - Searching for White Space - [Invest Like the Best, EP.287] With [Alok Vasudev](https://millionrounds.com/person/alok-vasudev) Mentions [S28 Capital](https://millionrounds.com/fund/s28-capital) Apple PodcastsShow page

## Quick answers about S28 Capital

### What does S28 Capital invest in?

S28 Capital invests most often at Series B (100% of the rounds on record), in sectors such as Software, Solar and Geospatial.

### How active is S28 Capital?

6 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Nov 2019.

### What has S28 Capital invested in recently?

Its most recent investments on record: Eden (Series B, Nov 2019), Acquire (Undisclosed round, Nov 2019) and Memfault (Undisclosed round, Nov 2019).

### How big are S28 Capital's cheques?

The median round it joins is $9.8M. It says it writes cheques of $1.0M to $5.0M.

### Does S28 Capital lead rounds?

Yes: it led 2 of its 6 investments on record (33%).

### Where does S28 Capital invest?

Most of the companies it backs are in the United States (100%).

### Is S28 Capital investing now?

No investments in the last 12 months; the latest was in Nov 2019.

### Who does S28 Capital invest alongside?

Most often Fathom Capital (2 rounds together).

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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=s28-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=s28-capital)
