About DeepWork Capital
DeepWork Capital is a venture capital firm founded in 2015. It is primarily based out of Orlando, United States. As of Sep 2026, DeepWork Capital is an active investor, having invested in 46 companies, with 7 new investments in the last 12 months. 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 Life Sciences and Food and Agriculture Tech. Most recently it participated in the $***** Series B round of Astrocyte Pharmaceuticals Overall, DeepWork Capital portfolio has seen 1 unicorn, 1 IPO and 6 acquisitions including key companies like Stax, TENEX and PikMyKid. A lot of funds co-invest with DeepWork Capital, with names like Florida Opportunity Fund sharing a substantial percentage of its portfolio. DeepWork Capital has team of 7 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
DeepWork Capital's List of Top Investments
DeepWork Capital has a portfolio of 46 companies, one of which is a Unicorn. Their most notable investments are in HypSports and HypSports.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, Life Sciences, Food and Agriculture Tech and 23 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by DeepWork Capital:
1. Stax
Payment processing solutions for businesses. It offers all-in-one payment processing solutions to small and large enterprises. It offers solutions like Stax bill management, invoicing, Stax connect, Stax pay, contactless payment solutions, and more.
Key facts about Stax
- Founded Year: 2014
- Location: Orlando (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $264M
- Employee Count: 283 as on Aug 31, 2026
- Investors: HarbourVest Partners, Florida Opportunity Fund and 8 Others
- Latest Funding Round: Series D, Mar 09, 2022, $*****
- Highlight: Acquired
Provider of a suite primary care platform for providers. The platform allows patients to connect with healthcare experts through video calls/text messaging. Users can seek medical guidance and receive personalized treatment through online consultations with doctors. Also, it provides home-based diagnostic/lab test solutions for patients. It allows customers to know the specific genes responsible for causing disease. Also, it provides services to healthcare providers, organizations, and payers.
Key facts about Recuro Health
- Founded Year: 2021
- Location: Richardson (United States)
- Stage: Series B
- Total Funding till date: $89.3M
- Employee Count: 154 as on Aug 31, 2026
- Investors: Arch Venture Partners, Ropart Asset Management Funds and 8 Others
- Latest Funding Round: Series B, Apr 11, 2023, $*****
- Highlight: Editors' Pick
3. TENEX
Provider of cybersecurity suite solutions. It offers solutions such as managed detection and response, threat management, security automation, incident response, and more. It offers data-driven threat detection, proactive risk management, and automated response capabilities. It is an MDR platform that continuously adapts, helping identify and neutralize threats in real time while automating routine security processes.
Key facts about TENEX
- Founded Year: 2024
- Location: Sarasota (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $277M
- Employee Count: 182 as on Aug 31, 2026
- Investors: Crosspoint Capital Partners, Shield Capital and 3 Others
- Latest Funding Round: Series B, Mar 31, 2026, $*****
- Highlight: Editors' Pick
4. Worth AI
Automates onboarding and underwriting for financial institutions. They offer a platform that streamlines these processes using a large small business database, workflow automation, and various checks including KYC/KYB, fraud detection, and credit underwriting. This helps enterprises onboard customers efficiently and confidently. The platform includes tools for pre-filling applications, custom onboarding flows, case management, predictive risk monitoring, and AI-powered credit scoring. It aims to accelerate time-to-revenue and improve compliance.
Key facts about Worth AI
- Founded Year: 2023
- Location: Orlando (United States)
- Stage: Series A
- Total Funding till date: $52.6M
- Employee Count: 83 as on Aug 31, 2026
- Investors: Venture Worx, SVB and 7 Others
- Latest Funding Round: Series A, Feb 13, 2026, $*****
- Highlight: Editors' Pick
Astrocyte Pharmaceuticals is a small drug development company focussed on developing neuroprotection therapies for brain injury, concussions, stroke, and neurodegenerative disorders. It is developing its drugs that can activate astrocyte, a cell of the CNS that has the potential to treat CNS disorders such as brain injury, stroke, Alzheimer’s Disease.
Key facts about Astrocyte Pharmaceuticals
- Founded Year: 2014
- Location: Cambridge (United States)
- Stage: Series B
- Total Funding till date: $25.4M
- Employee Count: 12 as on Sep 30, 2026
- Investors: UT System, Dreavent and 18 Others
- Latest Funding Round: Series B, Sep 30, 2026, $*****
- Highlight: Editors' Pick
DeepWork Capital's Year-on-Year Investment Trends
DeepWork Capital has invested in 46 companies over the last 11 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Sep 2026, it has made 7 investments in this year. Its most recent first time investment was in Rapta and most recent follow-on round was in Astrocyte Pharmaceuticals.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 2 | 7 |
2025 | 5 | 1 | 6 |
2024 | 0 | 0 | 0 |
2023 | 4 | 2 | 6 |
2022 | 4 | 2 | 6 |
2021 | 4 | 3 | 7 |
2020 | 4 | 0 | 4 |
2019 | 3 | 1 | 4 |
2018 | 0 | 0 | 0 |
2017 | 2 | 0 | 2 |
DeepWork Capital's Investments by Stage
DeepWork Capital has made 19 investments in Seed stage with an average round size of $3.14M, 16 investments in Series A stage with an average round size of $12.3M and 1 investment in Series B stage with an average round size of $250M.Stage of entry | No. of Investments |
|---|---|
Seed | 19 |
Series A | 16 |
Series B | 1 |
Note: We have considered here, only first round of investments
DeepWork Capital's Investments by Sector
DeepWork Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Life Sciences, High Tech and Consumer. Notably, it has invested in 40 Tech companies, 32 Enterprise (B2B) companies, 22 Software companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 17 |
FinTech | 7 |
Life Sciences | 7 |
High Tech | 5 |
Consumer | 4 |
Others | 45 |
Note: We have considered here, only first round of investments
DeepWork Capital's Investments by Geography
DeepWork Capital has made most investments in United States (35), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 35 |
Canada | 1 |
Note: We have considered here, only first round of investments
DeepWork Capital's recent investments
DeepWork Capital has made 7 investments in 2026 so far. Astrocyte Pharmaceuticals and Rapta are the latest among them.Here are the most recent investments by DeepWork Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 30, 2026 | United States | Series B | 8672 | [+3] | |
Sep 11, 2026 | United States | Series A | 8372 | [+6] | |
Jul 17, 2026 | United States | Seed | 4156 | [+2] | |
Apr 10, 2026 | United States | Series A | 4244 | [+4] | |
Apr 02, 2026 | United States | Seed | 6210 | - |
Unicorns in DeepWork Capital's Portfolio
DeepWork Capital has 1 unicorn in its portfolio - TENEX. The most recent unicorn in their portfolio is TENEX which became a unicorn in 2026.Here is a list of unicorns in DeepWork Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
62 | Provider of cybersecurity suite solutions | 2024 | Sarasota | Series B | {wm{el{ |
IPOs and Publicly Listed companies in DeepWork Capital's Portfolio
1 of DeepWork Capital's portfolio company became public - HCW Biologics. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2021 at marketcap of $285MHere are DeepWork Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 20, 2021 | - | - | 5881 |
Acquired companies in DeepWork Capital's Portfolio
6 companies from DeepWork Capital's portfolio have been acquired. The most recent acquisition was PikMyKid in Apr 2026 by CENTEGIX for $*****.Here are DeepWork Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 07, 2026 | Sep 27, 2016 | Seed | 8501 | |
Apr 07, 2026 | Jun 02, 2016 | Seed | 9542 | |
Oct 30, 2025 | May 25, 2017 | Series A | 1209 | |
Jun 05, 2024 | - | - | 5803 | |
Mar 11, 2024 | Jan 06, 2016 | Seed | 7801 |
Team profile of DeepWork Capital
DeepWork Capital has a team of 7 members including 3 Partners and 1 Principal located in United States. DeepWork Capital's team sits on the board of 1 company.Here is a list of all team members in DeepWork Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Orlando | |||
Partner | Orlando | - | ||
Partner | Orlando | - | - | |
Principal | Orlando | - |
Co-investors of DeepWork Capital
Over the past 11 years, 204 investors have co-invested in DeepWork Capital's portfolio companies. This includes funds and angels.
- Invested before DeepWork Capital: HHS, Andreessen Horowitz and 67 others have invested in rounds before DeepWork Capital. There are 3 companies where HHS has invested before DeepWork Capital and 2 companies where Andreessen Horowitz has invested before DeepWork Capital.
- Top Co-investors of DeepWork Capital: 82 investors entered a company along with DeepWork Capital. These include investors like Florida Opportunity Fund (8 companies).
- Invested after DeepWork Capital: A total of 53 investors have invested in DeepWork Capital's portfolio after their investments. Top Investors include Fulcrum Equity Partners (2 companies), Dynagrow Capital (2 companies) and Angel Star Ventures (2 companies).
Recent News related to DeepWork Capital
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Astrocyte Pharmaceuticals Secures $9.5 Million Series B to Advance Clinical Development of TBI and Concussion TherapyPR Newswire•Sep 30, 2026•DeepWork Capital, Astrocyte Pharmaceuticals
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Kalogon Raises $5.75M in FundingFinSMEs•Jun 04, 2026•Kalogon Smart Cushion, Enable Ventures, Black Opal Ventures, Castellan and 2 others
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Cybersecurity startup Tenex raises $250M in fundingSiliconAngle•Mar 31, 2026•TENEX, Google, Microsoft, Shield Capital and 2 others
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FirmPilot Secures $22M in Series A-1 Funding RoundRefresh Miami•Feb 26, 2026•FirmPilot, Thomson Reuters Ventures, DeepWork Capital, Data Point Capital and 4 others
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Exowatt Adds $50M To Series A to Scale Its Solar Power TechnologyTechCrunch+•Nov 13, 2025•Exowatt, 8090 Industries, MVP Ventures, New Atlas Capital and 13 others
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Irys Insurtech Secures $12.5 Million Investment to Revolutionize Insurance SoftwarePR Newswire•Oct 13, 2025•Irys, Markd, DeepWork Capital, Hico Ventures and 2 others
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Circuitry.ai Secures Seed Funding to Lead in Decision IntelligenceTechnologies.org•Oct 02, 2025•Circuitry.ai, DeepWork Capital, Florida Opportunity Fund, Lookout Ventures
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Palla Raises $14.5M for Cross-Border PaymentsFinextra•May 29, 2025•Palla Financial, Revolution, Y Combinator, Cowboy Ventures and 6 others
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Myosin Therapeutics Closes Second Seed Round to Advance Clinical Trials for Innovative Cancer and Neuroscience Therapiesintelligence360•Mar 17, 2025•Myosin Therapeutics, DeepWork Capital, Florida Opportunity Fund, Mint12 and 2 others
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Worth raises $25 millionFinextra•Mar 11, 2025•TTV Capital, Florida Opportunity Fund, DeepWork Capital, Florida Funders and 8 others
