# Tandem Capital: portfolio, investments and team

> Tandem Capital is a vc firm based in United States. 51 investments on record, latest Sept 2019. Portfolio, stages, co-investors and team.

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

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

# Tandem Capital

Filed with the SEC to raise a fund in May 2026, closing $44M. Last cheque observed Sep 2019.

Email

Quiet New fund $44M, May 2026 VC firm

Seed Series A Series B Transportation/logistics Media & Entertainment Food/beverage/cpg

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

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 51 on record

Since the last cheque **2615** days **00** hrs **00** min **00** sec

Median round **$10M** Rounds led **1 of 51** Sole investor **19 rounds** Exits **7 from the portfolio** Mostly in **United States, 92%**

Pitch Tandem Capital

## Tandem Capital highlights

- 01 51 rounds on record
- 02 Mostly Seed and Series A: 83% of its rounds
- 03 Sole investor in 19 rounds, median $213K
- 04 7 exits from the portfolio

## What they do

> The Seed Fund Backing Traditional Industry Disruption From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Transportation/logistics Media & Entertainment Food/beverage/cpg
- **Based in:** Burlingame, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **51 appearances**

- **2019** 4 rounds
- **Sept** **[Bellwether Coffee](https://millionrounds.com/company/bellwether-coffee)** Series B · US · FinSMEs **$40M** With 10 others
- **Aug** **[Cloudleaf](https://millionrounds.com/company/cloudleaf)** Series B · US · FinSMEs **$26M** With 5 others
- **May** **[XStream Trucking](https://millionrounds.com/company/xstream-trucking)** Series A · US · FinSMEs **$11M** With 5 others
- **Jan** **[Outdoorsy](https://millionrounds.com/company/outdoorsy)** Series C · US · TechCrunch **$50M** With 3 others
- **2018** 4 rounds
- **Aug** **[Bellwether Coffee](https://millionrounds.com/company/bellwether-coffee)** Series A · US · TechCrunch **$10M** With 7 others
- **May** **[NomNomNow](https://millionrounds.com/company/nomnomnow)** US · FinSMEs **$13M** With 4 others
- **Feb** **[May Mobility](https://millionrounds.com/company/may-mobility)** Seed · US · FinSMEs **$12M** With 6 others
- **Feb** **[Lambda School](https://millionrounds.com/company/lambda-school)** Seed · US · FinSMEs **$4.0M** With 3 others
- **2017** 3 rounds
- **Nov** **[PacketZoom](https://millionrounds.com/company/packetzoom)** Series A · US · FinSMEs **$5.0M** With 3 others
- **Sept** **[Cloudleaf](https://millionrounds.com/company/cloudleaf)** Series A · US · FinSMEs **$13M** With 3 others
- **Mar** **[HoloBuilder](https://millionrounds.com/company/holobuilder)** US · Vrfocus **$2.3M** With 1 other
- **2016** 3 rounds
- **Dec** **[Boom.tv](https://millionrounds.com/company/boom-tv)** Seed · US · FinSMEs **$3.5M** With 1 other
- **Dec** **[Sixa](https://millionrounds.com/company/sixa)** Seed · US · TechCrunch **$3.5M** *Led*
- **Dec** **[ConnectedYard](https://millionrounds.com/company/connectedyard)** Series A · US · FinSMEs **$7.0M** With 2 others
- **2015** 6 rounds
- **Sept** **[Roominate](https://millionrounds.com/company/roominate)** Venture · US **$1.0M** With 4 others
- **Sept** **[OnlineTyari](https://millionrounds.com/company/onlinetyari)** Series A · IN **$750K** With 4 others
- **Sept** **[ConnectYard](https://millionrounds.com/company/connectyard)** Seed · US **$2.2M** With 1 other
- **Apr** **[PacketZoom](https://millionrounds.com/company/packetzoom)** Seed · US **Undisclosed** With 3 others
- **Jan** **[Cuff](https://millionrounds.com/company/cuff)** Series A · US **$5.0M** With 2 others
- **Jan** **[PerchBaby](https://millionrounds.com/company/perchbaby)** Seed **$200K** Sole investor
- **2014** 6 rounds
- **Oct** **[Tile](https://millionrounds.com/company/tile)** Series A · US **$9.5M** With 10 others
- **Sept** **[Doublie](https://millionrounds.com/company/doublie)** US **Undisclosed** With 2 others
- **Jul** **[popSlate](https://millionrounds.com/company/popslate)** US **Undisclosed** With 1 other
- **Jul** **[Arbiter](https://millionrounds.com/company/arbiter)** US **Undisclosed** Sole investor
- **Jul** **[Caarbon](https://millionrounds.com/company/caarbon)** Seed **Undisclosed** With 4 others
- **Jul** **[Shoe Lovers](https://millionrounds.com/company/shoe-lovers)** Seed · US **Undisclosed** With 1 other
- **2013** 10 rounds
- **Nov** **[Sift Shopping](https://millionrounds.com/company/sift-shopping)** Seed · US · techcrunch.com **$2.0M** With 7 others
- **Sept** **[Cuff](https://millionrounds.com/company/cuff)** Seed · US **Undisclosed** Sole investor
- **Aug** **[Packetzoom](https://millionrounds.com/company/packetzoom)** Seed **Undisclosed** Sole investor
- **Jun** **[Appington](https://millionrounds.com/company/appington)** Seed · US · techcrunch.com **$1.2M** With 2 others
- **May** **[UpOut](https://millionrounds.com/company/upout)** Seed · US · pehub.com **$1.1M** With 2 others
- **Mar** **[Hometapper](https://millionrounds.com/company/hometapper)** Venture · US **$225K** Sole investor
- **Mar** **[ApptheGame](https://millionrounds.com/company/appthegame)** Seed · US **$200K** Sole investor
- **Mar** **[Nokori](https://millionrounds.com/company/nokori)** Seed · US **$200K** Sole investor
- **Feb** **[Tile](https://millionrounds.com/company/tile)** Seed · US · techcrunch.com **$200K** Sole investor
- **Jan** **[Sift](https://millionrounds.com/company/sift)** Seed · GB · pandodaily.com **$540K** Sole investor
- **2012** 2 rounds
- **Dec** **[Shoptimize Inc.](https://millionrounds.com/company/shoptimize-inc)** **Undisclosed** Sole investor
- **Nov** **[PlayHaven](https://millionrounds.com/company/playhaven)** Venture · US · techcrunch.com **$8.0M** With 2 others
- **2011** 3 rounds
- **Oct** **[BASH Gaming](https://millionrounds.com/company/bash-gaming)** Seed · US **$200K** Sole investor
- **Aug** **[Gimmie](https://millionrounds.com/company/gimmie)** SG **Undisclosed** Sole investor

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 **4 named**

AB **Alex Bean** Director i Filing they signed

JN **Jeremy Neilson** Managing Director of the Issuer's Manager i Filing they signed

MD **Mckay Dunn** Director i Filing they signed

RT **Richard Thoms** Officer of the Issuer's Manager i Filing they signed

We also hold **8** 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)

**14** of 19 we have independently watched raise

[7shifts](https://millionrounds.com/company/7shifts)[Bellwethercoffee](https://millionrounds.com/company/bellwether-coffee)[Cloudleaf](https://millionrounds.com/company/cloudleaf)[Deako](https://millionrounds.com/company/deako)[Holobuilder](https://millionrounds.com/company/holobuilder)[Lambdaschool](https://millionrounds.com/company/lambda-school)[Maymobility](https://millionrounds.com/company/may-mobility)[Nomnomnow](https://millionrounds.com/company/nomnomnow)[Outdoorsy](https://millionrounds.com/company/outdoorsy)[Packetzoom](https://millionrounds.com/company/packetzoom)[Pagerduty](https://millionrounds.com/company/pagerduty)[Phin](https://millionrounds.com/company/phin)[Xstreamtrucking](https://millionrounds.com/company/xstream-trucking)[boom.tv](https://millionrounds.com/company/boom-tv) Keynexus Safesitehq Thetileapp Yardzen shoptimize.in

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **7 in all**

**[PlayHaven](https://millionrounds.com/company/playhaven)** Bought by RockYou **Undisclosed** May 2015

**[PlayHaven](https://millionrounds.com/company/playhaven)** Bought by [Science](https://millionrounds.com/fund/science) **Undisclosed** Sept 2014

**[BASH Gaming](https://millionrounds.com/company/bash-gaming)** Bought by GSN **$165M** Mar 2014

**[FlightCaster](https://millionrounds.com/company/flightcaster)** Bought by Next Jump **Undisclosed** Jan 2011

**[Attassa](https://millionrounds.com/company/attassa)** Bought by [Hightail](https://millionrounds.com/fund/hightail) **Undisclosed** Jan 2011

**[Zecter](https://millionrounds.com/company/zecter)** Bought by [Motorola Mobility](https://millionrounds.com/fund/motorola-mobility) **Undisclosed** Dec 2010

**[Localyte.com](https://millionrounds.com/company/localyte-com)** Bought by NileGuide **Undisclosed** May 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$44M**

raised in May 2026

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

## The cheque

Seed Series A Series B

Median round joined **$10M** the round, not its cheque Alone, median **$213K**

Led 1 of 51 rounds **2%**

- **Sole investor:** 19 rounds
- **Last cheque:** Sept 2019
- **Exits:** 7 from the portfolio

Rounds by stage said on their site

- Seed said *23*
- Series A said *11*
- Venture *4*
- Series B said *2*
- Debt *1*
- Growth said *-*

Cheques by year Led Joined

2007 2019

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 3
- [Autotech Ventures](https://millionrounds.com/fund/autotech-ventures) 2
- [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) 2
- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 2
- [Founder Collective](https://millionrounds.com/fund/founder-collective) 2
- [FusionX Ventures](https://millionrounds.com/fund/fusionx-ventures) 2

**Pitching Tandem 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 Tandem Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **3** rounds together](https://millionrounds.com/fund/y-combinator)[**Autotech Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/autotech-ventures)[**Congruent Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/congruent-ventures)[**First Round Capital** VC firm **2** rounds together](https://millionrounds.com/fund/first-round-capital)[**Founder Collective** VC firm **2** rounds together](https://millionrounds.com/fund/founder-collective)[**FusionX Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/fusionx-ventures)[**GGV Capital** VC firm **2** rounds together](https://millionrounds.com/fund/ggv-capital)[**Mahindra Partners** Corporate VC **2** rounds together](https://millionrounds.com/fund/mahindra-partners)[**Playground Global** VC firm **2** rounds together](https://millionrounds.com/fund/playground-global)[**SV Angel** VC firm **2** rounds together](https://millionrounds.com/fund/sv-angel)[**Sand Hill Angels** Angel network **2** rounds together](https://millionrounds.com/fund/sand-hill-angels)[**Sherpalo Ventures** Angel network **2** rounds together](https://millionrounds.com/fund/sherpalo-ventures-llc)

## Recently backed

The latest companies Tandem Capital put money into.

[**Outdoorsy** $50M · Jan 2019](https://millionrounds.com/company/outdoorsy)[**May Mobility** $12M · Feb 2018](https://millionrounds.com/company/may-mobility)[**Lambda School** $4.0M · Feb 2018](https://millionrounds.com/company/lambda-school)[**PacketZoom** $5.0M · Nov 2017](https://millionrounds.com/company/packetzoom)[**HoloBuilder** $2.3M · Mar 2017](https://millionrounds.com/company/holobuilder)[**Boom.tv** $3.5M · Dec 2016](https://millionrounds.com/company/boom-tv)

## Quick answers about Tandem Capital

### What does Tandem Capital invest in?

Tandem Capital invests most often at Seed and Series A (83% of the rounds on record), in sectors such as Transportation/logistics, Media & Entertainment and Food/beverage/cpg.

### How active is Tandem Capital?

51 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Sept 2019.

### What has Tandem Capital invested in recently?

Its most recent investments on record: Bellwether Coffee (Series B, Sept 2019), Cloudleaf (Series B, Aug 2019) and XStream Trucking (Series A, May 2019).

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

The median round it joins is $10M.

### Does Tandem Capital lead rounds?

Sometimes: it led 1 of its 51 investments on record (2%).

### Where does Tandem Capital invest?

Most of the companies it backs are in the United States (92%).

### Is Tandem Capital investing now?

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

### Who does Tandem Capital invest alongside?

Most often Y Combinator (3 rounds together), Autotech Ventures (2 rounds together) and Congruent Ventures (2 rounds together).

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