Current Firm
Background Capital
Focus
AI, Fintech
Rafael Corrales founded Background Capital, which is funded entirely by successful founders as limited partners, reinforcing his identity as a founder-centric solo GP backed by the very entrepreneurs he invests in. He was an early personal shareholder or angel investor in the first rounds of several category-defining companies including Instacart, Blockchain, Webflow, Clearbit, and Luxe, and is frequently cited as an early advisor to Instacart's founders who credit him with helping recruit key employees.
Rafael Corrales is a Founder, Background Capital at Background Capital, based in San Francisco, CA.
Rafael's investment focus spans AI, Fintech, Enterprise, Consumer, Biotech, Cybersecurity, Climate, DevTools, Robotics, SaaS, primarily investing at the Pre-Seed, Seed, Series A, Series B+ stages. This specialization allows for deep domain knowledge and strong network effects that benefit portfolio companies.
Rafael Corrales is a Founder, Background Capital at Background Capital, based in San Francisco, CA. Their investment focus includes AI, Fintech, Enterprise.
Rafael Corrales focuses on investments in AI, Fintech, Enterprise, Consumer, Biotech, Cybersecurity, Climate, DevTools, Robotics, SaaS through Background Capital. These focus areas reflect their domain expertise and the types of startups they actively seek to back.
Rafael Corrales is currently at Background Capital, headquartered in San Francisco, CA, serving as Founder, Background Capital.