About Human Capital
Human Capital is a venture capital firm founded in 2015. It is primarily based out of San Francisco, United States. As of Sep 2026, Human Capital is an active investor, having invested in 129 companies, with 11 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 E round of Buildots Overall, Human Capital portfolio has seen 14 unicorns, 1 IPO and 18 acquisitions including key companies like MoonPay, Snowflake and Brex. A lot of funds co-invest with Human Capital, with names like General Catalyst sharing a substantial percentage of its portfolio. Human Capital has team of 58 people including 15 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Human Capital's List of Top Investments
Human Capital has a portfolio of 129 companies, including 14 unicorns. Their most notable investments are in 1047 Games and Cloaked.Their portfolio spans across United States, Brazil, Canada and 6 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 23 other sectors, across stages such as Series A, Seed and 5 more. Here is the list of top investments by Human Capital:1. MoonPay
Provider of platform for buying, selling, and swapping various cryptocurrencies. The platform facilitates the instant purchase of cryptocurrencies using various payment methods. It also enables users to sell cryptocurrencies directly to their bank accounts or cards. Additionally, the platform offers the ability to send and receive cryptocurrencies.
Key facts about MoonPay
- Founded Year: 2018
- Location: Dover (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $645M
- Employee Count: 477 as on Aug 31, 2026
- Investors: K2 Global, ARTFO Holdings and 81 Others
- Latest Funding Round: Conventional Debt, Mar 21, 2025, $*****
- Highlight: Editors' Pick
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2. Snowflake
Provider of cloud-based data platform for analytics and data sharing. It offers a managed service that unifies data warehousing, data lakes, data engineering, and data science on public cloud infrastructure. The platform separates storage from compute to allow independent scaling and high concurrency for diverse workloads. Users can load structured and semi-structured data, run SQL queries, and integrate with business intelligence, data integration, and machine learning tools. Additional capabilities include secure data sharing, application development, continuous data ingestion, and built-in services for security, governance, and access control.
Key facts about Snowflake
- Founded Year: 2012
- Location: Bozeman (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $1.56B
- Employee Count: 12,475 as on Aug 31, 2026
- Investors: Meritech, Berkshire Hathaway and 36 Others
- Latest Funding Round: Post IPO, Jun 15, 2022, $*****
- Highlight: Public
3. Brex
Provider of financial software platform, cards, banking, expense, and accounting. The platform offers tools for corporate cards, expense management, travel, bill pay, banking, and treasury services. It provides solutions for startups, mid-size companies, and enterprises. The platform includes features for spend control, expense automation, vendor payments, and accounting automation.
Key facts about Brex
- Founded Year: 2017
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.2B
- Employee Count: 5,158 as on Aug 31, 2026
- Investors: Owl Rock, Baillie Gifford and 70 Others
- Latest Funding Round: Conventional Debt, Jan 13, 2025, $*****
- Highlight: Acquired
4. Scale AI
Labeled data to train AI applications. The platform leverages enterprise data to customize generative models. The data engine consists of tools and features to collect, curate and annotate data, and to evaluate and optimize models.
Key facts about Scale AI
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $15.9B
- Employee Count: 7,256 as on Aug 31, 2026
- Investors: Harmony Venture Partners, Northgate Capital and 67 Others
- Latest Funding Round: Series G, Jun 12, 2025, $*****
- Highlight: Editors' Pick

5. Anduril
Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains. It develops integrated platforms that enhance situational awareness, real-time decision-making, and operational effectiveness for defense and security applications. It delivers a range of autonomous systems and software-defined defense infrastructure, including surveillance systems, unmanned platforms, and command-and-control technologies designed to operate in complex and contested environments. Its solutions support modern military needs such as border security, force protection, and multi-domain mission coordination.
Key facts about Anduril
- Founded Year: 2017
- Location: Costa Mesa (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $11.3B
- Employee Count: 9,670 as on Jul 31, 2026
- Investors: Fidelity Investments, Baillie Gifford and 82 Others
- Latest Funding Round: Series H, May 13, 2026, $*****
- Highlight: Editors' Pick
Human Capital's Year-on-Year Investment Trends
Human Capital has invested in 129 companies over the last 6 years, with an average of 11 new investments annually in the last 5 years. In 2025, it made 9 investments, while as of Sep 2026, it has made 12 investments in this year. Its most recent first time investment was in Buildots and most recent follow-on round was in Archive.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 4 | 12 |
2025 | 6 | 3 | 9 |
2024 | 3 | 4 | 7 |
2023 | 11 | 0 | 11 |
2022 | 22 | 3 | 25 |
2021 | 10 | 4 | 14 |
2020 | 7 | 0 | 7 |
Human Capital's Investments by Stage
Human Capital has made 25 investments in Series A stage with an average round size of $22.7M, 19 investments in Seed stage with an average round size of $33.6M and 13 investments in Series B stage with an average round size of $48.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 25 |
Seed | 19 |
Series B | 13 |
Series C | 6 |
Series D | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Human Capital's Investments by Sector
Human Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, High Tech, Consumer and Vertical SaaS. Notably, it has invested in 118 Tech companies, 86 Enterprise (B2B) companies, 76 Software companies and at least 47 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 41 |
FinTech | 17 |
High Tech | 14 |
Consumer | 12 |
Vertical SaaS | 10 |
Others | 55 |
Note: We have considered here, only first round of investments
Human Capital's Investments by Geography
Human Capital has made most investments in United States (63), followed by Brazil where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 63 |
Brazil | 1 |
Canada | 1 |
Israel | 1 |
Saudi Arabia | 1 |
Note: We have considered here, only first round of investments
Human Capital's recent investments
Human Capital has made 12 investments in 2026 so far. Buildots and Archive are the latest among them.Here are the most recent investments by Human Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 14, 2026 | Israel | Series E | 8801 | ||
Sep 02, 2026 | United States | Seed | 2788 | [+5] | |
Aug 21, 2026 | United States | Series D | 7260 | [+6] | |
Jul 20, 2026 | United States | Series A | 1757 | [+12] | |
Jun 03, 2026 | United States | Seed | 7148 | [+8] |
Unicorns in Human Capital's Portfolio
Human Capital has 14 unicorns in its portfolio - Nominal, humans&, NewLimit and others. The most recent unicorn in their portfolio is Nominal. It became a unicorn in 2026, 1 years after Human Capital first invested in it.Here is a list of unicorns in Human Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Provider of a unified industrial data stack for hardware engineering | 2017 | Los Angeles | Series B | eilbhsl | ||
46 | Developer of artificial intelligence models focused on human interaction research | 2025 | Redwood City | Seed | jbyszfm | ||
63 | Developer of epigenetic reprogramming medicines for aging-related diseases and healthspan extension | 2022 | San Francisco | Series C | moqal{e | ||
59 | Cloud-based mind mapping solutions for enterprises and the military | 2018 | Austin | Series D | ymqcwwx | ||
65 | Provider of underground transportation management solutions | 2016 | Bastrop | Series D | jv{ckxl |
IPOs and Publicly Listed companies in Human Capital's Portfolio
1 of Human Capital's portfolio company became public - Snowflake. It got listed on the New York Stock Exchange (NYSE), in Sep 2020 at marketcap of $33.2BHere are Human Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 16, 2020 | - | - | 1583 |
Acquired companies in Human Capital's Portfolio
18 companies from Human Capital's portfolio have been acquired. The most recent acquisition was Playground in Sep 2026 by Procare Software for $*****.Here are Human Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 14, 2026 | Dec 07, 2021 | Seed | 4617 | |
Aug 20, 2026 | Aug 03, 2022 | Series B | 5263 | |
Aug 05, 2026 | Oct 13, 2021 | Series A | 3618 | |
Aug 04, 2026 | Nov 03, 2021 | Series B | 7836 | |
Jul 13, 2026 | May 24, 2023 | Series B | 6634 |
Team profile of Human Capital
Human Capital has a team of 58 members including 15 Partners and 18 Principals located in United States and Qatar. Human Capital's team sits on the board of 1 company.Here is a list of top team members in Human Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | |||
Partner | Stanford | - | ||
Partner | San Francisco | - | ||
Partner | Boston | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Boston | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Qatar | - |
Co-investors of Human Capital
Over the past 6 years, 630 investors have co-invested in Human Capital's portfolio companies. This includes funds and angels.
- Invested before Human Capital: Founders Fund, Andreessen Horowitz and 209 others have invested in rounds before Human Capital. There are 6 companies where Founders Fund has invested before Human Capital and 5 companies where Andreessen Horowitz has invested before Human Capital.
- Top Co-investors of Human Capital: 281 investors entered a company along with Human Capital. These include investors like General Catalyst (10 companies).
- Invested after Human Capital: A total of 138 investors have invested in Human Capital's portfolio after their investments. Top Investors include Lightspeed Venture Partners (4 companies), Insight Partners (4 companies) and General Catalyst (3 companies).
Recent News related to Human Capital
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Buildots Raises $130M in FundingFinSMEs•Sep 14, 2026•Buildots, O.G. Venture Partners, Human Capital, Qumra Capital and 4 others
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The Boring Company Secures $3 Billion in Funding, Valued at $23 BillionTechStartups.com•Sep 10, 2026•The Boring Company, Vy Capital, Sequoia Capital, Tesla and 6 others
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Archive AI Secures Strategic Funding RoundMassinvestor•Sep 04, 2026•Lux Capital, Stripe, Battery Ventures, Tiger Global Management and 5 others
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Leeds-based talent businesses group secures investment to accelerate growthBusiness Link•Aug 25, 2026•Human Capital
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Natural Raises $30M Series A for AI Agent Payments InfrastructurePR Newswire•Jul 20, 2026•Forerunner Ventures, Privy, Human Capital, Abstract and 5 others
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Coinbase CEO Brian Armstrong's Newlimit Raises $435 Million, Tripling Valuation to $3.1 BillionCoin Spectator•Jun 03, 2026•NewLimit, Founders Fund, Greenoaks, Quiet Capital and 6 others
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Cloaked Raises $375 Million to Fight for Privacy in the Age of AITMC•Mar 20, 2026•Cloaked, General Catalyst, Liberty City Ventures, Marquee Ventures and 7 others
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Take2 Raises $14M Series A to Automate Healthcare RecruitingHrtechfeed•Feb 11, 2026•Honeystone Ventures, SemperVirens, Reach Capital, Take2Ai and 4 others
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Humans& Raises $480M Seed at $4.48B Valuation for Frontier AI LabTechStartups.com•Jan 20, 2026•Nvidia, Alphabet, SV Angel, humans& and 11 others
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stc partners with Humain, center3 to develop and operate data centres
capacityglobal.com•Dec 18, 2025•Human Capital, STC, center3