About Character
Character is a venture capital firm founded in 2021. It is primarily based out of Milwaukee, United States. As of Jul 2026, Character is an active investor, having invested in 22 companies, with 3 new investments 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 High Tech and FinTech. Most recently it participated in the $***** Series A round of Intermezzo Overall, Character portfolio has seen 4 acquisitions including key companies like Fathom, Reclaim and HeadsUp. A lot of funds co-invest with Character, with names like Operator Partners sharing a substantial percentage of its portfolio. Character has team of 9 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Soonicorns
Deals in last 12 months
Character's List of Top Investments
Character has a portfolio of 22 companies. Their most notable investments are in Fathom and Orbital Materials.Their portfolio spans across United States, United Arab Emirates and United Kingdom. They have invested in Enterprise Applications, High Tech, FinTech and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Character:
1. House Rx
Provider of a technology-based medication solution for patients and caregivers. It is focused on transforming the specialty pharmacy experience for both patients and providers. Their core mission is to remove barriers to specialty medication access, improve patient outcomes, and streamline the medication process.
Key facts about House Rx
- Founded Year: 2005
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $100M
- Employee Count: 280 as on Aug 31, 2026
- Investors: Maverick Ventures, First Round Capital and 9 Others
- Latest Funding Round: Series B, Nov 12, 2025, $*****
- Highlight: Editors' Pick
2. Weave
AI-powered platform to accelerate investigational new drug submission. The platform accelerate document drafting, navigate complex source documents, streamline reviews, and automatic content updates. It has applications for pharmaceutical companies, biotech, and regulatory consultants.
Key facts about Weave
- Founded Year: 2022
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $36M
- Employee Count: 59 as on Aug 31, 2026
- Investors: Innovation Endeavors, USVP and 3 Others
- Latest Funding Round: Series A, Oct 16, 2025, $*****
- Highlight: Editors' Pick
3. Fathom
AI notetaker platform transcribes and summarizes meetings with CRM integration. It records meetings, providing transcriptions, highlights, and summaries. The platform automatically syncs meeting summaries and tasks to CRM. It allows users to share clips from meetings and interact with recordings through an AI assistant. The platform supports multiple video conferencing platforms and languages. ```
Key facts about Fathom
- Founded Year: 2020
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $21.8M
- Employee Count: 185 as on May 31, 2026
- Investors: Maven Ventures, Global Founders Capital and 18 Others
- Latest Funding Round: Series A, Sep 19, 2024, $*****
- Highlight: Acquired
Key facts about Inductive Bio
- Founded Year: 2022
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $29.4M
- Employee Count: 42 as on Aug 31, 2026
- Investors: Obvious Ventures, Character and 11 Others
- Latest Funding Round: Series A, Mar 21, 2025, $*****
- Highlight: Editors' Pick
5. Phaidra
AI-powered control systems for industrial facilities. It is focusing on mission-critical operations like data centers, AI factories, pharmaceuticals, and energy plants.
Key facts about Phaidra
- Founded Year: 2019
- Location: Seattle (United States)
- Stage: Series B
- Total Funding till date: $92.5M
- Employee Count: 95 as on Aug 31, 2026
- Investors: Collab Fund, NJF Capital and 18 Others
- Latest Funding Round: Series B, Oct 01, 2025, $*****
- Highlight: Editors' Pick
Character's Year-on-Year Investment Trends
Character has invested in 22 companies over the last 5 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 9 investments, while as of Jul 2026, it has made 2 investments in this year. Its most recent first time investment was in Intermezzo and most recent follow-on round was in Extend AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 6 | 3 | 9 |
2024 | 1 | 2 | 3 |
2023 | 3 | 0 | 3 |
2022 | 6 | 1 | 7 |
2021 | 1 | 0 | 1 |
Character's Investments by Stage
Character has made 10 investments in Seed stage with an average round size of $3.73M and 9 investments in Series A stage with an average round size of $9.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 9 |
Note: We have considered here, only first round of investments
Character's Investments by Sector
Character has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Artificial Intelligence - Industry Applications, HealthTech and Vertical SaaS. Notably, it has invested in 21 Tech companies, 20 Software companies, 19 Enterprise (B2B) companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
High Tech | 7 |
Artificial Intelligence - Industry Applications | 4 |
HealthTech | 4 |
Vertical SaaS | 4 |
Others | 17 |
Note: We have considered here, only first round of investments
Character's Investments by Geography
Character has made most investments in United States (18), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 18 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Character's recent investments
Character has made 2 investments in 2026 so far - Intermezzo and Amari AI.Here are the most recent investments by Character:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 06, 2026 | United States | Series A | 9836 | [+3] | |
Feb 20, 2026 | United States | Series A | 9085 | [+2] | |
Oct 16, 2025 | United States | Series A | 3893 | [+3] | |
Jul 23, 2025 | United States | Seed | 6485 | [+3] | |
Jun 17, 2025 | United States | Series A | 8168 | [+4] |
Acquired companies in Character's Portfolio
4 companies from Character's portfolio have been acquired. The most recent acquisition was Dokai in Sep 2026 by Bolt.new for $*****.Here are Character's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 29, 2026 | - | - | 1403 | |
Sep 14, 2026 | Jan 24, 2022 | Seed | 1539 | |
Aug 20, 2024 | Oct 27, 2022 | Series A | 6191 | |
Nov 16, 2023 | Sep 28, 2022 | Seed | 2196 |
Team profile of Character
Character has a team of 9 members including 3 Partners located in United States. Character's team does not sit on the board of any company as of now.Here is a list of all team members in Character:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Eastsound | - | - | |
Partner | Walnut Creek | - | ||
Partner | Tampa | - | - |
Co-investors of Character
Over the past 5 years, 112 investors have co-invested in Character's portfolio companies. This includes funds and angels.
- Invested before Character: Y Combinator, Flying Fish Ventures and 17 others have invested in rounds before Character. There are 2 companies where Y Combinator has invested before Character and 2 companies where Flying Fish Ventures has invested before Character.
- Top Co-investors of Character: 69 investors entered a company along with Character. These include investors like Operator Partners (3 companies).
- Invested after Character: A total of 24 investors have invested in Character's portfolio after their investments. Top Investors include New Enterprise Associates (1 company), Town Hall Ventures (1 company) and LRVHealth (1 company).
Recent News related to Character
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Bindwell Secures $6M Seed Funding to Revolutionize Pesticide Design with AITechCrunch+•Nov 13, 2025•Bindwell, A.Capital Ventures, General Catalyst, SV Angel and 5 others
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Weave Bio Secures $20M to Advance AI Regulatory Automation PlatformHIT Consultant•Oct 16, 2025•Weave, USVP, Endeavors, Magnetic Ventures and 4 others
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Extend Secures $17 Million to Advance Document Processing CloudFintech Finance•Jun 18, 2025•Extend AI, Innovation Endeavors, Y Combinator, Homebrew and 1 other
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Inductive Bio Secures $25M Series A Funding for AI-Driven Drug Discoveryintelligence360•May 15, 2025•Inductive Bio, Obvious Ventures, Andreessen Horowitz, Lux Capital and 3 others
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Coheso Expands AI-Native Work Management PlatformPR Newswire•Apr 30, 2025•Coheso, Tola Capital, Crew Capital, Character and 1 other
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1Fort raises $7.5 millionCoverager•Apr 17, 2025•1Fort, Bonfire Ventures, Draper, Village Global and 6 others
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Taxo raises $5M to reduce paperwork for doctors so they can care for patientsSiliconAngle•Mar 27, 2025•Taxo, Character.com, General Catalyst, Y Combinator and 1 other
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Taxo Raises $5M from Y Combinator, General Catalyst, and Character to Build Out Autonomous Systems for HealthcareBenzinga•Mar 27, 2025•TAXO, Y Combinator, Taxo, General Catalyst and 1 other
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SymbyAI raises $2.1M seed to make science research easierBEAMSTART•Feb 28, 2025•SymbyAI, Drive Capital, Character
