What does Toba Capital invest in?
Toba Capital invests most often at Series A and Venture (46% of the rounds on record), in sectors such as SaaS, IT Infrastructure and Climate & Energy.

United States · Investor
Last cheque observed Jun 2026; 58 cheques on record.
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2 cheques in the last 12 months
Mostly Series A and Venture: 46% of its rounds
Sole investor in 11 rounds, median $10M
5 exits from the portfolio
Toba Capital is an early-stage investment firm committed to helping create incredible technology companies.From their own website
Every round we can evidence, newest first58 appearances
2 rounds
4 rounds
2 rounds
3 rounds
1 round
4 rounds
11 rounds
11 rounds
19 rounds
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.
We hold 11 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.
From their own portfolio page (on their website)
Acq by DataRobotAcq by DattoAcq by DeliverooAcq by HealthStreamAcq by PDI TechnologiesAcq by Waud CapitalAdageneAirtableAlchemy43AllencontrolsystemsAndurilBLLNBedrockenergyCandidwholesaleChimeClearskyeCloverhealthCockroachlabsCommureConversicaDavidenergyDeliverooDermbiontDryadEuclidpowerExcisionFloQast logo. Private secondaryFunraiseHumaninterestHyperproofJumpLuxurypresenceMignMobileironMoriMusicNianticlabsOverstoryPaayPapayaglobalPatternbrandsPhoenixtailingsQuanergyRegentcraftRobinhoodSanabenefitsSaucelabsScotchposSeal logo. AcqSmalldoorvetSwiftsolarTabcommerceTavahealthTebraTesseratherapeuticsWSO2 logo. AcqWallarmZetwerkAcq by Ahimsa CapitalAcq by Carbon Directand 56 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.
Companies it backed that were later bought or listed5 in all
An exit counts when it came after the firm's first round in the company. From historical deal records.
The investors most often in the same rounds as Toba Capital. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Toba Capital put money into.
Episodes that name Toba Capital in their description, not their title.

SaaStr 032: Scaling Operations From 10 to 130 In A Year & The Fundamentals of What Makes A Great SaaS Business Opportunity with Luke Kervin, Co-Founder @ PatientPop
MentionsHarry StebbingsToba Capital
Toba Capital invests most often at Series A and Venture (46% of the rounds on record), in sectors such as SaaS, IT Infrastructure and Climate & Energy.
58 investments on record, 2 of them in the last 12 months. The most recent was in Jun 2026.
Its most recent investments on record: Scotch (Series A, Jun 2026), Tebra (Growth, Jan 2026) and Small Door Veterinary (Series C, Jul 2025).
The median round it joins is $23M. It says it writes cheques of $1.0M to $10M.
Rarely, if at all: none of its 58 investments on record names it as the lead.
Most of the companies it backs are in the United States (95%).
Yes: it is actively investing, with 2 investments in the last 12 months.
Most often Comcast Ventures (3 rounds together), Lerer Hippeau (3 rounds together) and New Enterprise Associates (3 rounds together).
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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