About Blacktop Capital
Blacktop Capital is a venture capital firm founded in 2016. It is primarily based out of Sacramento, United States. As of Feb 2018, Blacktop Capital has invested in 27 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Seed round of Intello Overall, Blacktop Capital portfolio has seen 9 acquisitions including key companies like Liftoff, Amper and Sandbox. A lot of funds co-invest with Blacktop Capital, with names like BoxGroup sharing a substantial percentage of its portfolio. Blacktop Capital has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Soonicorns
Blacktop Capital's List of Top Investments
Blacktop Capital has a portfolio of 27 companies. Their most notable investments include Pyka and Liftoff.Their portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, HealthTech and 17 other sectors, across stages such as Seed stage. Here is the list of top investments by Blacktop Capital:
1. Pyka
Autonomous electric aircraft for agriculture, cargo, and defense applications. It is a robotics company focused on building useful autonomous aircraft. They develop next-generation aircraft for crop protection and multi-mission performance in long-range, heavy-lift operations. Their technology emphasizes redundancy, reliability, and autonomy. They offer solutions for aerial application, cargo transport, and defense applications. The company is involved in manufacturing zero-emission autonomous aircraft and has secured approvals for commercial operations. They are focused on innovation in autonomous systems and electric aviation.
Key facts about Pyka
- Founded Year: 2016
- Location: Palo Alto (United States)
- Stage: Series B
- Total Funding till date: $88.1M
- Employee Count: 129 as on May 31, 2026
- Investors: Greycroft, Lightbank and 17 Others
- Latest Funding Round: Series B, Sep 23, 2024, $*****
- Highlight: Editors' Pick
2. Liftoff
ML powered mobile ad campaign management platform. It allows users to build mobile ad creatives. The platform allows users to manage and optimize monetization, and performance campaigns in real time. It allows businesses to engage with audiences via app and social platforms.
Key facts about Liftoff
- Founded Year: 2012
- Location: Redwood City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $5M
- Employee Count: 726 as on May 31, 2026
- Investors: Harrison Metal, Akkadian Ventures and 15 Others
- Latest Funding Round: Series A, May 05, 2025, $*****
- Highlight: Acquired
3. Amper
Provider of manufacturing execution system software for production control and improvement. The software facilitates real-time data collection, scheduling, and analysis to optimize manufacturing processes. It offers features for machine monitoring, labor management, and overall equipment effectiveness tracking. The system integrates with existing enterprise resource planning platforms to provide a unified view of operations.
Key facts about Amper
- Founded Year: 2016
- Location: Chicago (United States)
- Stage: Acquired
- Total Funding till date: $14.9M
- Employee Count: 21 as on May 31, 2026
- Investors: Foundation Capital, GTMfund and 12 Others
- Latest Funding Round: Series A, Mar 11, 2022, $*****
- Highlight: Acquired
4. Neuro42 AI
Provider of MRI and robotics technology for neurology. The company is developing an intraoperative MR, AI, and a robot that allows easy access to MR imaging for screening, diagnosis, and interventions of neurological diseases.
Key facts about Neuro42 AI
- Founded Year: 2020
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $30M
- Employee Count: 24 as on May 31, 2026
- Investors: ShangBay Capital, Blacktop Capital and 7 Others
- Latest Funding Round: Grant (prize money), Sep 11, 2025, $*****
- Highlight: Editors' Pick
5. Sandbox
Provider of standardized integration APIs for banks. It enables financial institutions to connect to fintech vendors and integrate their offerings. It lets fintech vendors can use the platform to build software using standardized RESTful banking APIs. It also operates a marketplace that enables fintech vendors to distribute their offerings to financial institutions.
Key facts about Sandbox
- Founded Year: 2014
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $6M
- Employee Count: 17 as on Mar 31, 2026
- Investors: Y Combinator, SixThirty and 7 Others
- Latest Funding Round: Seed, Nov 17, 2022, $*****
- Highlight: Acquired
Blacktop Capital's Year-on-Year Investment Trends
Its most recent first time investment was in Intello.Blacktop Capital's Investments by Stage
Blacktop Capital has made 2 investments in Seed stage with an average round size of $1.62M.Blacktop Capital's Investments by Sector
Blacktop Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Aerospace, Maritime and Defense Tech and High Tech. Notably, it has invested in 24 Tech companies, 20 Enterprise (B2B) companies, 16 Software companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Aerospace, Maritime and Defense Tech | 1 |
High Tech | 1 |
Note: We have considered here, only first round of investments
Blacktop Capital's Investments by Geography
Blacktop Capital has made most investments in United States (2).Blacktop Capital's recent investments
Blacktop Capital has not made any investment in 2026 so far.Here are the most recent investments by Blacktop Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 21, 2018 | United States | Seed | 8645 | [+6] | |
Mar 09, 2017 | United States | Seed | 4172 | [+2] |
Acquired companies in Blacktop Capital's Portfolio
9 companies from Blacktop Capital's portfolio have been acquired. The most recent acquisition was Amper in Dec 2025 by ECi Solutions for $*****.Here are Blacktop Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2025 | - | - | 5869 | |
Feb 11, 2025 | - | - | 1644 | |
Mar 11, 2024 | - | - | 2390 | |
Mar 30, 2022 | - | - | 4479 | |
Feb 18, 2021 | Feb 21, 2018 | Seed | 4011 |
_1530078205838.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Team profile of Blacktop Capital
Blacktop Capital has a team of 2 members located in United States. Blacktop Capital's team does not sit on the board of any company as of now.Co-investors of Blacktop Capital
Over the past 9 years, 17 investors have co-invested in Blacktop Capital's portfolio companies. This includes funds and angels.
- Invested before Blacktop Capital: Entrenext has invested before Blacktop Capital.
- Top Co-investors of Blacktop Capital: 10 investors entered a company along with Blacktop Capital. These include investors like BoxGroup (1 company).
- Invested after Blacktop Capital: A total of 6 investors have invested in Blacktop Capital's portfolio after their investments. Top Investors include Animo (1 company), Harrison Metal (1 company) and Resolute Ventures (1 company).
Recent News related to Blacktop Capital
•
Intello Announces $1.3M Seed Round and Launches Self-Serve Platform to Optimize SaaS Spend, Usage and ComplianceBusiness Wire•Feb 21, 2018•Intello, Emerge, BoxGroup, Blacktop Capital and 7 others
