Active Capital
UnclaimedAt a Glance
- Check Size
- $100K – $1M
- Stage
- Pre-Seed, Seed
- Sectors
- Enterprise, SaaS, AI
- HQ
- San Antonio, TX
About Active Capital
Active Capital is a venture capital firm. Backing ambitious, technical founders across America.Active Capital is a venture firm focused on pre-seed investing in the future of enterprise software. We back ambitious, technical founders solving real business problems with software and AI. We love working with founders who stay small and scrappy until they find true product-market fit.
We typically invest $100K to $1M, with the ability to invest significantly more as companies grow and our relationship develops. We like to invest early and prefer to be a meaningful part of the first capital raised. The firm focuses on Pre-Seed, Seed investments across sectors including Enterprise, SaaS, AI. Leads pre-seed and seed B2B SaaS rounds outside Silicon Valley, focusing on enterprise software and AI solutions.
Investment Thesis
“Leads pre-seed and seed B2B SaaS rounds outside Silicon Valley, focusing on enterprise software and AI solutions.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- Active Capital's vehicles surface in SEC filings under an AC fund family managed by Pat Matthews.
- Active Capital Fund Extension, L.P. filed in February 2022 registering a $25 million offering and reported $11.05 million sold to 21 investors, with a first sale on 9 February 2022 and AC II GP, L.P. and AC I Upper Tier GP, LLC named as general partners.
- Active Capital III, L.P. filed in May 2024 and amended in June 2025, also registering $25 million, with the same upper-tier GP structure and Matthews named as executive officer.
- A third registrant, Active Capital I, LLC, filed in Wyoming in May 2023 with an indefinite offering amount.
- The filings put the firm's business address at 1405 Wiltshire Avenue in San Antonio, Texas.
- Fund sizes in the $25 million range match the stated strategy of $100,000 to $1 million initial cheques into pre-seed rounds, with capacity to follow on later.
Team (1)
Related Articles (6)
Frequently Asked Questions
What stage does Active Capital invest at?
Active Capital primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Active Capital located?
Active Capital is headquartered in San Antonio, TX. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Active Capital focus on?
Active Capital focuses on investments in Enterprise, SaaS, AI. Their portfolio reflects deep expertise and networks within these sectors.
What is Active Capital's typical check size?
Active Capital's typical investment check size ranges from $100K to $1M. Actual amounts may vary based on the stage, sector, and specific opportunity.
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