Background Capital
VC · San Francisco · United States
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Profile
Background Capital is a venture capital firm based in San Francisco, California, founded in 2018 by Rafael Corrales, a former General Partner at CRV. The firm operates as a solo GP fund, leveraging a founder-to-founder network to support early-stage companies. Known for its approachable and supportive investment style, Background Capital focuses on building strong relationships with its portfolio companies. The firm primarily invests in early-stage ventures, particularly in the fintech sector, with a typical check size ranging from $100K to $250K. Background Capital targets investments in the USA, focusing on Seed and Series A stages. The firm has launched multiple funds, including Fund 1 through Fund 4, though specific AUM details are not disclosed. Notable investments by Background Capital include companies like Get Parallel - financial software, AudioShake - multimedia and design software, and Lumopath - business productivity software. The firm has a track record of 24 investments and 4 exits, demonstrating its active role in the venture capital landscape.
Contacts (1)
| Name | Title | Téléphone | ||
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| Founder | — | — | — |
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