About 3L Capital
3L Capital is a venture capital firm founded in 2017. It is primarily based out of Los Angeles, United States. As of Feb 2024, 3L Capital has invested in 35 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Venture Debt round of Crisp Overall, 3L Capital portfolio has seen 7 unicorns, 1 IPO and 6 acquisitions including key companies like Omio, The RealReal and Ro. A lot of funds co-invest with 3L Capital, with names like Goldman Sachs Asset Management sharing a substantial percentage of its portfolio. 3L Capital has team of 6 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
3L Capital's List of Top Investments
3L Capital has a portfolio of 35 companies, including 7 unicorns. Their most notable investments are in Planck and Incode.Their portfolio spans across United States, Germany, Canada and 1 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 19 other sectors, across stages such as Series B, Series A and 3 more. Here is the list of top investments by 3L Capital:1. Omio
App-based platform for booking transport services. Users can search & compare different train, bus, and flight routes available between the two destinations & book train, bus & flight tickets (including that of public transport) from multiple partner operators after providing relevant details. Also provides information on accommodation booking. Its mobile app is available for iOS and Android devices.
Key facts about Omio
- Founded Year: 2013
- Location: Berlin (Germany)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $486M
- Employee Count: 442 as on Jun 30, 2026
- Investors: New Enterprise Associates, Silver Lake and 37 Others
- Latest Funding Round: Series E, Jul 22, 2026, $*****
- Highlight: Editors' Pick
2. Gopuff
Online platform offering on-demand delivery services for food and groceries. The company offers delivery services for snacks, drinks & alcohol, fruits & vegetables, frozen foods, and many more. It also offers services for electronics, household essentials, home care product delivery, and more. Users can browse and order online from their nearby local micro-fulfillment center and get the products delivered. The company also has a loyalty program where users are provided with reward points that can be redeemed for prizes. The app is available on the Android & iOS platforms.
Key facts about Gopuff
- Founded Year: 2013
- Location: Philadelphia (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $5.14B
- Employee Count: 3,711 as on Jun 30, 2026
- Investors: equitywestsecurities.com, Carriage House Rock and 30 Others
- Latest Funding Round: Angel, May 18, 2022, $*****
- Highlight: Editors' Pick
3. The RealReal
Online consignment-based marketplace for luxury fashion. The product catalog includes apparel for men & women of used products. It also offers jewelry and fashion accessories.
Key facts about The RealReal
- Founded Year: 2011
- Location: Tiburon (United States)
- Stage: Public
- Total Funding till date: $288M
- Employee Count: 2,631 as on Jun 30, 2026
- Investors: HTIF, OGGI Equity and 37 Others
- Latest Funding Round: Post IPO, Mar 04, 2021, $*****
- Highlight: Public
4. Ro
DIgital health platform offering various services for men. It provides medications for erectile dysfunction, hair loss, premature ejaculation, cold sores, enlarged prostate, and genital herpes. It also, offers weight loss programs, fertility test kits, and consultation services.
Key facts about Ro
- Founded Year: 2017
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $1.03B
- Employee Count: 1,419 as on Mar 31, 2026
- Investors: T. Rowe Price, Dragoneer Investment Group and 51 Others
- Latest Funding Round: Series D, Feb 15, 2022, $*****
- Highlight: Editors' Pick
_1582030093898.png?format=webp&height=120&width=120){kind=logo}
5. AvantStay
Online platform for booking rental homes and villas, primarily for group travel. The platform enables users to search, compare & book vacation rentals after providing relevant details. It also incorporates keyless entry solutions for its properties.
Key facts about AvantStay
- Founded Year: 2016
- Location: Los Angeles (United States)
- Stage: Series D
- Total Funding till date: $737M
- Employee Count: 441 as on Jun 30, 2026
- Investors: F-Prime Capital, Pac-West Telecomm and 32 Others
- Latest Funding Round: Series D, Jun 03, 2025, $*****
- Highlight: Editors' Pick
3L Capital's Year-on-Year Investment Trends
3L Capital has invested in 35 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Vivrelle and most recent follow-on round was in Crisp.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 2 | 2 |
2023 | 0 | 0 | 0 |
2022 | 2 | 3 | 5 |
2021 | 12 | 3 | 15 |
2020 | 3 | 1 | 4 |
2019 | 3 | 0 | 3 |
2018 | 4 | 0 | 4 |
2017 | 1 | 0 | 1 |
3L Capital's Investments by Stage
3L Capital has made 8 investments in Series B stage with an average round size of $34M, 7 investments in Series A stage with an average round size of $36.5M, 6 investments in Series C stage with an average round size of $130M, 3 investments in Series D stage with an average round size of $194M and 1 investment in Seed stage with an average round size of $4M.Stage of entry | No. of Investments |
|---|---|
Series B | 8 |
Series A | 7 |
Series C | 6 |
Series D | 3 |
Seed | 1 |
Note: We have considered here, only first round of investments
3L Capital's Investments by Sector
3L Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Travel and Hospitality Tech and High Tech. Notably, it has invested in 33 Tech companies, 20 Consumer (B2C) companies, 19 Enterprise (B2B) companies and at least 14 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 11 |
Enterprise Applications | 9 |
Retail | 6 |
Travel and Hospitality Tech | 5 |
High Tech | 4 |
Others | 32 |
Note: We have considered here, only first round of investments
3L Capital's Investments by Geography
3L Capital has made most investments in United States (22), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 22 |
Canada | 1 |
Germany | 1 |
India | 1 |
Note: We have considered here, only first round of investments
3L Capital's recent investments
3L Capital has not made any investment in 2026 so far.Here are the most recent investments by 3L Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 22, 2024 | United States | Venture Debt | 7957 | [+3] | |
Feb 22, 2024 | United States | Series B | 1889 | [+2] | |
Nov 03, 2022 | United States | Series B | 6783 | [+5] | |
Sep 14, 2022 | United States | Series D | 3820 | [+6] | |
Aug 19, 2022 | United States | Series B | 4161 | [+7] |
Unicorns in 3L Capital's Portfolio
3L Capital has 7 unicorns in its portfolio - Metropolis, Ro, Incode and others. The most recent unicorn in their portfolio is Metropolis. It became a unicorn in 2025, 4 years after 3L Capital first invested in it.Here is a list of unicorns in 3L Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
61 | AI company developing computer vision–powered systems to make parking spaces frictionless | 2017 | Santa Monica | Series D | zbjzodt | ||
75 | DIgital health platform offering various services for men | 2017 | New York City | Series D | pgvuctd | ||
61 | Developer of identity verification software using biometric and document analysis | 2015 | San Francisco | Series B | vxrcbqn | ||
56 | Online brokerage services for residential properties | 2019 | Bellingham | Series A | qmpyaba | ||
66 | Online revenue-based financing marketplace for SaaS businesses | 2019 | Los Angeles | Series C | tptqzji |
IPOs and Publicly Listed companies in 3L Capital's Portfolio
1 of 3L Capital's portfolio company became public - The RealReal. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2019 at marketcap of $1.65BHere are 3L Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 28, 2019 | - | - | 2214 |
Acquired companies in 3L Capital's Portfolio
6 companies from 3L Capital's portfolio have been acquired. The most recent acquisition was PartnerStack in Apr 2026 by AppDirect for $*****.Here are 3L Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 14, 2026 | May 26, 2021 | Series B | 1929 | |
May 16, 2025 | - | - | 1080 | |
Jul 23, 2024 | May 12, 2021 | Series C | 4943 | |
Dec 12, 2022 | Dec 07, 2018 | Series A | 1273 | |
Jan 13, 2022 | - | - | 5241 |
Team profile of 3L Capital
3L Capital has a team of 6 members including 5 Partners and 1 Principal located in United States. 3L Capital's team sits on the board of 3 companies.Here is a list of all team members in 3L Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | |||
Partner | Los Angeles | - | ||
Partner | New York City | - | ||
Partner | Los Angeles | Hone and Metropolis | ||
Partner | New York City | - | ||
Principal | Los Angeles | - |
Co-investors of 3L Capital
Over the past 9 years, 418 investors have co-invested in 3L Capital's portfolio companies. This includes funds and angels.
- Invested before 3L Capital: FirstMark, Slow Ventures and 163 others have invested in rounds before 3L Capital. There are 3 companies where FirstMark has invested before 3L Capital and 2 companies where Slow Ventures has invested before 3L Capital.
- Top Co-investors of 3L Capital: 146 investors entered a company along with 3L Capital. These include investors like Goldman Sachs Asset Management (2 companies).
- Invested after 3L Capital: A total of 107 investors have invested in 3L Capital's portfolio after their investments. Top Investors include Capital One Ventures (2 companies), Altimeter Capital (1 company) and The Baupost Group (1 company).
Recent News related to 3L Capital
•
Tectonic Metals Upsizes Financing to $80 MillionGlobeNewswire•Feb 11, 2026•Tectonic Metals, SCP Resource Finance, 3L Capital, BMO
•
Tectonic Metals Upsizes Financing to Up To $19 Million Due To Strong Investor DemandAccess Newswire•Aug 07, 2025•Tectonic Metals, Research Capital, 3L Capital, Crescat Capital and 1 other
•
Stellar AfricaGold Announces Closing of Private PlacementThe Newswire•Apr 02, 2025•Stellar AfricaGold, 3L Capital
•
•
Newcore Gold Announces Closing of $15 Million Private PlacementFinanzNachrichten•Feb 27, 2025•Newcore Gold, 3L Capital, Haywood, SCP Resource Finance and 2 others
•
•
Crisp Raises Another $20M to Bring First-Party Retail Data Directly to BrandsZephyrnet•Feb 29, 2024•Crisp Chat, Blue Cloud Ventures, FirstMark, Spring Capital and 3 others
•
•
Rackla Metals Announces Closing of Private Placement for Gross Proceeds of C$2.8 MillionMiningstockeducation•Sep 20, 2023•Rackla Metals, 3L Capital, Canaccord Genuity Group
•
Red Pine Closes $7.745 Million Private PlacementGlobeNewswire•May 08, 2023•Red Pine Exploration, Haywood, 3L Capital, Laurentian Bank
