Crew Capital
UnclaimedAt a Glance
- Check Size
- $. – $.
- Stage
- Pre-Seed, Seed, Series A, Series B+
- AUM
- $100M
- Sectors
- Aerospace & Defense, Digital Health, Other +2
- Founded
- 2020
- HQ
- San Francisco, CA
About Crew Capital
Crew Capital is a community-driven venture capital firm that accelerates scale for ambitious companies by giving them access to talent, customers and industry thought leaders. It invests from pre-seed and seed through Series A and later rounds, with stated coverage across enterprise and B2B software, digital health, consumer and fintech.
The firm's founding argument is that company building keeps changing, so the people advising it should be facing the same present-tense problems. Crew was co-founded in October 2020 by Brandon Deer, then chief strategy officer of UiPath, and Daniel Dines, UiPath's founder and chief executive, while UiPath was scaling past $500 million in annual recurring revenue toward its 2021 New York Stock Exchange listing at a $40 billion market capitalisation. Crew describes itself as the only venture firm led by active operators, and it raised a $50 million first fund in 2021 before passing its thirtieth investment in 2022. Dylan Reider joined as its first investment partner from Royal Bank of Canada's enterprise software equity research team.
The published portfolio is concentrated in B2B software and vertical infrastructure across North America and Europe: Chainalysis, Cedar, Spring Health, Grafana, BetterUp, MaintainX, Melio, Productiv, Cerby, Subskribe, Vartana, Angle Health and Klarity in the US, Lucid, Spiff, Sequence and DoNotPay in Salt Lake City, Dooly in Vancouver, and Xentral, remberg and Robco in Munich. What distinguishes Crew is the operator network behind the capital rather than the cheque size.
Investment Thesis
“Seed-stage fund investing in enterprise software and B2B technology startups.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- Crew Capital's timeline is short and documented by the firm itself.
- Brandon Deer and Daniel Dines met in 2017, began angel investing together in 2019, and founded Crew Capital in October 2020, at a point when UiPath had crossed $500 million in annual recurring revenue with nearly 8,000 customers and had raised more than $400 million from Sequoia, Accel, Coatue, IVP, Madrona, Meritech, Dragoneer, Alkeon and Tiger Global.
- Crew Capital Fund I followed in 2021 at $50 million.
- Later that year UiPath listed on the New York Stock Exchange, raising $1.3 billion at a $40 billion market capitalisation.
- By 2022 Crew had passed its thirtieth investment and added staff across both the investment and platform teams.
- Two single-asset vehicles appear in SEC filings alongside the fund: Crew Capital CA, L.P., which sold $1.61 million with first sales in March 2021, and Crew Capital LC, L.P., which sold $3.66 million with first sales in May 2021.
- Brandon Deer is the named related person on both, and both were filed from a Miami address.
Team (2)
Frequently Asked Questions
What stage does Crew Capital invest at?
Crew Capital 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 Crew Capital located?
Crew Capital 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 Crew Capital focus on?
Crew Capital focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
What is Crew Capital's typical check size?
Crew Capital's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Crew Capital have under management?
Crew Capital manages approximately $100M in assets under management (AUM) across their funds.
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