Backstage Capital is a venture capital firm that focuses on investing in early-stage growth companies led by founders who are women, people of color, and/or LGBTQ+. Their strategy is to address the systemic underrepresentation in venture capital by identifying and supporting these underestimated founders, viewing them as a significant investment opportunity.
35% of their portfolio is in Consumer. Their most common stage is seed (48% of deals). Average disclosed round size is $6.7M (across 19 rounds with reported amounts).
Portfolio
23
Fund Size
$200M
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
23 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 BoldHue | Seed | $3.4M | Jul 2024 |
 Hello Alice | Series C | — | Apr 2024 |
| GGuava | Pre-Seed | $2.4M | Jul 2022 |
 Sekr | Seed | $2.3M | Feb 2022 |
| SSēkr | Seed | $2.3M | Feb 2022 |
 Career Karma | Series B | $40M | Jan 2022 |
 7th Ave | Seed | $2.5M | Nov 2021 |
 A Kids Company About | Series A | $7M | Aug 2021 |
| NNickson | Series A | $12M | Jun 2021 |
| BBookClub | Series A | $20M | Jun 2021 |
 Upsie | Series A | $18.2M | May 2021 |
 Gumroad | Series A | $6M | Mar 2021 |
| UUndock | Seed | $1.6M | Nov 2020 |
 ShearShare | Seed | $2.3M | Oct 2020 |
 The Juggernaut | Seed | $2M | Oct 2020 |
 Flora | Seed | $50K | Nov 2017 |
| LLorals | Unknown | — | — |
| RRevry | Series A | — | — |
 Fairly AI | Pre-Seed | $1.7M | — |
 Paladin | Seed | $1.1M | — |
| WWest Tenth | Seed | $1.5M | — |
 Healthy Roots Dolls | Seed | $1M | — |
| Healthy Roots Dolls | Unknown | — | — |
Top Co-Investors
Precursor Ventures3 shared
Techstars2 shared
Gaingels2 shared
Emerson Collective2 shared
Hustle Fund2 shared
Kapor Capital2 shared
QED Investors1 shared
Mastercard1 shared
Golden Seeds1 shared
Harbert Growth Partners1 shared
Storyteller Overland1 shared
Crescent Ridge Partners1 shared
Tacoma Venture Fund1 shared
Heron Rock1 shared
Revolution's Rise of the Rest Fund1 shared
Signal Peak Ventures1 shared
GSV1 shared
Maveron1 shared
Pelion Venture Partners1 shared
Elevate Ventures1 shared
Last updated: 13 March 2026