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At a Glance

Check Size
$. – $.
Stage
Pre-Seed, Seed, Series A, Series B+
Sectors
Aerospace & Defense, Digital Health, Other +2
Founded
2019
HQ
San Francisco, CA

About Coalition Operators

Coalition Operators is a venture capital firm based in San Francisco, CA founded in 2019. We back founders taking big swings at important problems, driven by a deep why. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Notable portfolio companies include Sourcegraph, Notion and LaunchDarkly. Operator-led fund that invests in early-stage B2B software companies with hands-on operational support.

Investment Thesis

“Operator-led fund that invests in early-stage B2B software companies with hands-on operational support.”

Sector Focus

Investment Stage

Notable Portfolio Companies

CCampus
RRevive
SSolace

Fund History

Coalition Operators runs a concentrated pre-seed and seed program, targeting roughly $500,000 per position. Its first vehicle predates the SEC record; the earliest Form D on file is Coalition Operators Fund II, LP, a limited partnership organized in 2025 and noticed to the SEC on February 19, 2025, with an amended filing the following day. The fund elected an indefinite offering amount rather than a stated hard cap, and reported no sales completed as of the filing date. All four general partners are named on the notice as directors and promoters: Ashley Mayer, Toyin Ajayi, Lindsay Ullman and Jaclyn Rice Nelson.

Rather than scale headcount, the firm leans on a bench of more than 100 senior operators who serve as advisors, angels and mentors to portfolio management teams, and it pitches that access as the differentiator against passive seed capital. Disclosed positions include Campus in higher education financing, Revive in apparel resale and inventory management, and Solace in healthcare navigation and patient advocacy.

SEC Fund Filings

Vehicles filed, last 24 months
1
Latest filing

Coalition Operators filed a Form D for 1 fund vehicle between Sep 26, 2024 and Sep 25, 2026.

Fund vehicleSource
Coalition Operators Fund II, LPSEC Form D, filed

A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.

Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to Coalition Operators by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.

Team (2)

Frequently Asked Questions

What stage does Coalition Operators invest at?

Coalition Operators primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.

Where is Coalition Operators located?

Coalition Operators is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.

What sectors does Coalition Operators focus on?

Coalition Operators focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.

What is Coalition Operators's typical check size?

Coalition Operators's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.

Fund Operations Resources

Running a fund like Coalition Operators? Independent guides to the software and processes emerging managers use to operate.

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