About Capital 49
Capital 49 is a venture capital firm founded in 2021. It is primarily based out of New York City, United States. As of Jun 2026, Capital 49 is an active investor, having invested in 14 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Retail. Most recently it participated in the $***** Seed round of Metal Overall, Capital 49 portfolio has seen 2 unicorns and 1 acquisition, namely Wayflyer, Skuad and Avoca. A lot of funds co-invest with Capital 49, with names like Accel sharing a substantial percentage of its portfolio. Capital 49 has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Acquisitions
Capital 49's List of Top Investments
Capital 49 has a portfolio of 14 companies, including 2 unicorns. Their most notable investments are in finway and Metal.Their portfolio spans across United States, Australia, Germany and 3 more locations. They have invested in Enterprise Applications, FinTech, Retail and 2 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Capital 49:1. Wayflyer
Provider of working capital financing for businesses through data analysis. This entity assesses growth potential by connecting to digital platforms to evaluate performance metrics. It delivers funding offers based on revenue and operational data to support inventory purchases and cash flow management. The process involves automated application and review procedures to determine eligibility for capital deployment.
Key facts about Wayflyer
- Founded Year: 2019
- Location: Dublin (Ireland)
- Annual Revenue: €50M - €100M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $236M
- Employee Count: 445 as on Aug 31, 2026
- Investors: Neuberger Berman, QED Investors and 30 Others
- Latest Funding Round: Conventional Debt, Feb 18, 2026, $*****
- Highlight: Editors' Pick
2. Skuad
Skuad is a global human resource platform that automates payroll management, local compliance, and taxation of your employees. It makes remote employment possible in 160-plus countries worldwide. The company helps employers build and pay their remote workforce, seamlessly, without needing to set up local entities. They make hiring and paying full-time employees and contractors seamless. Its headquarters is in Singapore, Central Singapore. Sundeep Sahi is the Co-Founder & CEO of Skuad. The company has raised a total of dollar 4 million in funding. It has 100 plus employees working in the organization.
Key facts about Skuad
- Founded Year: 2019
- Location: Singapore (Singapore)
- Annual Revenue: $1M - $10M as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $19M
- Employee Count: 183 as on Jul 31, 2026
- Investors: Rapyd, Analog Capital and 8 Others
- Latest Funding Round: Series A, Apr 13, 2022, $*****
- Highlight: Acquired
3. Lorikeet
AI-powered customer support platform. It is an AI-powered customer support platform that offers human-quality support. Its AI agent is designed to follow workflows and resolve issues, and can be integrated into existing support system. It can reference the help center, runbooks, and standard operating procedures to have necessary context to assist customers. The platform provides insights into performance, allowing businesses to identify areas for improvement in the AIs training and response strategies.
Key facts about Lorikeet
- Founded Year: 2023
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $49M
- Employee Count: 102 as on Aug 31, 2026
- Investors: QED Investors, Athletic Ventures and 9 Others
- Latest Funding Round: Series A, Aug 06, 2025, $*****
- Highlight: Editors' Pick
4. Kintsugi
Cloud-based platform for sales tax management. It enables users to calculate sales tax, track, report, and file sales tax. It also offers solutions for tax compliance, analytics, workflow management, customer support, and more. It also solves the tax queries of businesses using AI through Tax GPT.
Key facts about Kintsugi
- Founded Year: 2022
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $35M
- Employee Count: 186 as on Aug 31, 2026
- Investors: WestWave Capital, Link Ventures and 9 Others
- Latest Funding Round: Series B, Apr 14, 2025, $*****
5. Unify
AI based email platform for sales teams. It is an AI based email platform designed specifically for sales teams. It aims to streamline and automate sales processes, allowing sales professionals to focus on selling rather than administrative tasks.
Key facts about Unify
- Founded Year: 2023
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $52.3M
- Employee Count: 142 as on Aug 31, 2026
- Investors: Emergence Capital, Thrive Capital and 9 Others
- Latest Funding Round: Series B, May 08, 2025, $*****
Capital 49's Year-on-Year Investment Trends
Capital 49 has invested in 14 companies over the last 3 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Metal.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 4 | 0 | 4 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
Capital 49's Investments by Stage
Capital 49 has made 4 investments in Series A stage with an average round size of $29.8M, 2 investments in Seed stage with an average round size of $10M and 1 investment in Series B stage with an average round size of $40.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Seed | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Capital 49's Investments by Sector
Capital 49 has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Blockchain - Industry Applications, High Tech and Retail. Notably, it has invested in 14 Enterprise (B2B) companies, 14 Tech companies, 12 Software companies and at least 8 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
FinTech | 3 |
Blockchain - Industry Applications | 1 |
High Tech | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Capital 49's Investments by Geography
Capital 49 has made most investments in United States (6), followed by Germany where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 6 |
Germany | 1 |
Note: We have considered here, only first round of investments
Capital 49's recent investments
Capital 49 has made 1 investments in 2026 so far - Metal.Here are the most recent investments by Capital 49:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 26, 2026 | United States | Seed | 8686 | ||
Aug 06, 2025 | United States | Series A | 8079 | [+6] | |
Jun 30, 2025 | United States | Series A | 8405 | [+3] | |
Jun 26, 2025 | United States | Series A | 7028 | [+2] | |
May 08, 2025 | United States | Series B | 5532 | [+5] |
Unicorns in Capital 49's Portfolio
Capital 49 has 2 unicorns in its portfolio - Avoca and Wayflyer. The most recent unicorn in their portfolio is Avoca. It became a unicorn in 2026.Here is a list of unicorns in Capital 49's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Provider of an AI-based customer assistant solutions for local businesses | 2022 | New York City | Series B | tplmjmd | ||
78 | Provider of working capital financing for businesses through data analysis | 2019 | Dublin | Series B | iimaxth |
Acquired companies in Capital 49's Portfolio
1 company from Capital 49's portfolio has been acquired. The most recent acquisition was Skuad in Aug 2024 by Payoneer for $*****.Here are Capital 49's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 07, 2024 | - | - | 1251 |
Team profile of Capital 49
Capital 49 has a team of 2 members including 2 Partners located in United States. Capital 49's team sits on the board of 1 company.Here is a list of all team members in Capital 49:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | |||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | - |
Co-investors of Capital 49
Over the past 3 years, 41 investors have co-invested in Capital 49's portfolio companies. This includes funds and angels.
- Invested before Capital 49: Square Peg, Skip Capital and 18 others have invested in rounds before Capital 49. There is 1 company where Square Peg has invested before Capital 49 and 1 company where Skip Capital has invested before Capital 49.
- Top Co-investors of Capital 49: 15 investors entered a company along with Capital 49. These include investors like Accel (2 companies).
- Invested after Capital 49: A total of 6 investors have invested in Capital 49's portfolio after their investments. Top Investors include Ribbit Capital (1 company), Karim Atiyeh (1 company) and Scott Buxton (1 company).
Recent News related to Capital 49
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Tokenized financial product settlement network Metal completes seed round financing, co-led by Airwallex and Capital49PANews•Jun 26, 2026•Metal, Capital 49, Airwallex
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Lorikeet Secures $35M Series A for AI Customer Concierge Platform, Led by QED InvestorsPR Newswire•Aug 06, 2025•Lorikeet, Sequoia Capital, Athletic Ventures, Andreessen Horowitz and 9 others
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Unify Secures $40 Million Series B to Revolutionize Go-To-Market with AIintelligence360•Jul 31, 2025•Unify, Capital 49, Cannon Project, OpenAI Startup Fund and 4 others
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Unify Raises $40 Million Series B to Transform Go-To-Market with AITMC•Jul 16, 2025•Unify, Battery Ventures, OpenAI Startup Fund, Thrive Capital and 3 others
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Campfire Secures $35M for AI-Powered ERP PlatformSiliconAngle•Jul 01, 2025•Campfire, Accel, Y Combinator, Foundation Capital and 1 other
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Finway Raises €9.2M in Series A FundingFinSMEs•Feb 23, 2023•finway, Capital 49, Force Over Mass, BtoV and 2 others
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Airwallex founders launch new venture capital fund, Capital 49PR Newswire•Jul 28, 2021•Airwallex, Capital 49
