About Darco Capital
Darco Capital is a family office founded in 2003. It is primarily based out of Philadelphia, United States. As of Jul 2026, Darco Capital has invested in 12 companies. It primarily invests in Series A round in United States based companies. Its investments are spread across a wide range of sectors from High Tech, Environment Tech. Its latest investment was a $55M Series B round in Prolific Machines on May 01, 2024, which also saw participation from Ki Tua Fund and Breakthrough Energy.
Overall, Darco Capital portfolio has seen 2 acquisitions including key companies like Lightyear, Moov and cred.ai. A lot of funds co-invest with Darco Capital, with names like Breakthrough Energy sharing a substantial percentage of its portfolio.
Darco Capital has a team of 3 people including 3 partners.
Key Metrics
Founded Year
2003
Location
Philadelphia, United States
Sectors of Investment
Stages of Investment
Series A, Seed & 1 more
Locations of Investment
Darco Capital's List of Top Investments
Darco Capital has a portfolio of 12 companies. Their most notable investments are in Osaro and The House of LR&C.Their portfolio spans across and United States. They have invested in High Tech, Environment Tech, Retail and 10 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Darco Capital:1. Lightyear
Lightyear offers a cloud-based software to buy IT infrastructure. The solution enables users to buy dedicated internet, VoIP, managed services, etc. The solution manages the entire IT procurement process for businesses.
Key facts about Lightyear
- Founded Year: 2019
- Location: Albany (United States)
- Stage: Series B
- Total Funding till date: $64M
- Employee Count: 74 as on May 31, 2026
- Investors: Ridge Ventures, Zigg Capital and 17 Others
- Latest Funding Round: Series B, Jan 16, 2026, $*****
- Highlight: Editors' Pick
2. Moov
Online B2B listing platform for used semiconductor equipment. The products are tools for manufacturing industries. It claims to use proprietary software to ensure real-time accuracy.
Key facts about Moov
- Founded Year: 2018
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $45.4M
- Employee Count: 37 as on May 31, 2026
- Investors: Tiger Global Management, Summit Partners and 16 Others
- Latest Funding Round: Series A, Nov 10, 2021, $*****
- Highlight: Acquired
3. cred.ai
Cred is a digital bank for consumers. It has its license of deposit account & credit card from the Wilmington Savings Fund Society and WSFS Bank respectively. It offers services such as money transfers, deposit account, cash withdrawal, credit cards for online/offline purchases, and more. It enables users to build credit scores for each purchase via the credit card.
Key facts about cred.ai
- Founded Year: 2016
- Location: Philadelphia (United States)
- Stage: Series A
- Total Funding till date: $18M
- Employee Count: 84 as on May 31, 2026
- Investors: Valor Equity Partners, Darco Capital and 3 Others
- Latest Funding Round: Series A, Aug 13, 2020, $*****
- Highlight: Editors' Pick

4. Rubi
Manufacturer of biobased textiles made from captured carbon emissions. The company’s process removes carbon dioxide from the atmosphere. It creates textiles using virtually zero water and land. The textiles are the same material already used in apparel. The material biodegrades at the end of its life. The technology uses enzymes to convert carbon dioxide to cellulose.
Key facts about Rubi
- Founded Year: 2020
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $25.8M
- Employee Count: 28 as on May 31, 2026
- Investors: AP Ventures, Necessary Ventures and 26 Others
- Latest Funding Round: Series A, Nov 21, 2025, $*****
- Highlight: Editors' Pick
Key facts about Type One Energy Group
- Founded Year: 2019
- Location: Middleton (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $170M
- Employee Count: 209 as on May 31, 2026
- Investors: Breakthrough Energy, Orbia and 12 Others
- Latest Funding Round: Series A, Jan 14, 2026, $*****
Darco Capital's Year-on-Year Investment Trends
Darco Capital has invested in 14 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Prolific Machines and most recent follow-on round was in Osaro.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 4 | 0 | 4 |
2021 | 2 | 0 | 2 |
2020 | 1 | 1 | 2 |
2019 | 2 | 0 | 2 |
Darco Capital's Investments by Stage
Darco Capital has made 5 investments in Series A stage with an average round size of $10.8M, 4 investments in Seed stage with an average round size of $10.3M and 2 investments in Series B stage with an average round size of $35.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Seed | 4 |
Series B | 2 |
Note: We have considered here, only first round of investments
Darco Capital's Investments by Sector
Darco Capital has a diverse portfolio, with companies operating in the Consumer, High Tech, Retail, Energy and Enterprise Applications. Notably, it has invested in 8 Tech companies, 6 Enterprise (B2B) companies, 2 Consumer (B2C) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 3 |
High Tech | 3 |
Retail | 3 |
Energy | 2 |
Enterprise Applications | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
Darco Capital's Investments by Geography
Darco Capital has made most investments in United States (11).Darco Capital's recent investments
Darco Capital has not made any investment in 2026 so far.Here are the most recent investments by Darco Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 01, 2024 | United States | Series B | 6205 | [+6] | |
Mar 28, 2023 | United States | Seed | 9860 | [+8] | |
Aug 31, 2022 | United States | Series A | 5983 | [+4] | |
Jul 14, 2022 | United States | Seed | 7523 | [+1] | |
Feb 16, 2022 | United States | Seed | 9087 | [+15] |
Acquired companies in Darco Capital's Portfolio
2 companies from Darco Capital's portfolio have been acquired. The most recent acquisition was Moov.Here are Darco Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 21, 2026 | Aug 02, 2019 | Seed | 2049 | |
Sep 29, 2020 | - | - | 6768 |
Team profile of Darco Capital
Darco Capital has a team of 3 members including 3 Partners located in United States. Darco Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Darco Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Philadelphia | - | ||
Partner | Philadelphia | - | - | |
Partner | Philadelphia | - | - |
Co-investors of Darco Capital
Over the past 7 years, 129 investors have co-invested in Darco Capital's portfolio companies. This includes funds and angels.
- Invested before Darco Capital: David Adelman, Mark Cuban and 43 others have invested in rounds before Darco Capital. There are 3 companies where David Adelman has invested before Darco Capital and 3 companies where Mark Cuban has invested before Darco Capital.
- Top Co-investors of Darco Capital: 60 investors entered a company along with Darco Capital. These include investors like Breakthrough Energy (3 companies).
- Invested after Darco Capital: A total of 24 investors have invested in Darco Capital's portfolio after their investments. Top Investors include Altos Ventures Management (1 company) and Mark Cuban (1 company).
Recent News related to Darco Capital
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Optogenetics startup Prolific Machines raises $55m series B1, uses light to ‘control virtually any cell function in any cell type’AgFunderNews•Jun 06, 2024•Prolific Machines, Ki Tua Fund, Fonterra, Mayfield and 6 others
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Prolific Machines raises $55m in Series B1 funding to shine light on ...FoodNavigator-USA•Jun 06, 2024•Prolific Machines, Continental Grain Company, Fonterra, Breakthrough Energy and 5 others
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Stellarator Merger Company Type One Energy Group Raises $29M in First Funding and Christofer Mowry Named CEOTullahoma News•Mar 28, 2023•Type One Energy Group, Breakthrough Energy, TDK Ventures, Doral Energy-Tech Ventures and 7 others
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First U.s. Carbon Neutral Food Company Closes On $12m Series AGlobal AgInvesting•Sep 03, 2022•Neutral, Breakthrough Energy, Global Brain, Kirin Holdings and 3 others
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ReMo Energy Raises $5.25M in Seed FundingFinSMEs•Jul 14, 2022•ReMo Energy, AiiM Partners, Breakthrough Energy, Darco Capital
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Rubi Laboratories pulls in $4.5m seedVCJ•Feb 17, 2022•Rubi, Talis Capital, Necessary Ventures, Climactic and 9 others
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Ciara and Russell Wilson’s fashion house will raise up to $50M as revenue growsGeekWire•Jan 10, 2022•The House of LR&C, Harlem Capital, Ames Watson, Lightspeed Venture Partners and 1 other
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Philanthropi raises USD4m in funding round led by Amex VenturesPrivate Equity Wire•Dec 17, 2021•Philanthropi, Live Oak, Darco Capital, Amex Ventures
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