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Rafael Corrales headshot

Rafael Corrales

Unclaimed
Founder, Background CapitalBackground CapitalSan Francisco, CA

Current Firm

Background Capital

Focus

AI, Fintech

About Rafael Corrales

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.

Focus Areas

Investment Stage

Pre-Seed
Seed
Series A
Series B+

Investment Profile

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.

Frequently Asked Questions

Who is Rafael Corrales?

Rafael Corrales is a Founder, Background Capital at Background Capital, based in San Francisco, CA. Their investment focus includes AI, Fintech, Enterprise.

What does Rafael Corrales invest in?

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.

What firm is Rafael Corrales at?

Rafael Corrales is currently at Background Capital, headquartered in San Francisco, CA, serving as Founder, Background Capital.

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