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    Banana Capital

    Ann Arbor, Michigan, United StatesFounded 2021
    www.bananacapital.vcLinkedIn
    ConsumerFintechAIHealthcareGamingMedia & EntertainmentDeveloper ToolsSaaSEnterprise SoftwareFood & Agriculture

    Banana Capital is an early-stage venture capital firm founded by Turner Novak in 2021, investing up to $250k in pre-seed and seed rounds globally. The firm focuses on consumer software, fintech, healthcare, AI, and developer tools, leveraging Novak's media presence and personal brand for proprietary deal sourcing.

    Their most common stage is seed (42% of deals). Average disclosed round size is $29.3M (across 21 rounds with reported amounts).

    Find people at Banana Capital on Goldilocks AI

    Portfolio

    23

    Fund Size

    $20M

    Top Stage

    Seed

    Last 12 Mo

    0

    Team

    TN

    Turner Novak

    ...

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    26 investments
    CompanyRoundAmountDate
    Bee logoBeeSeed$7MAug 2024
    Pok Pok logoPok PokSeries A$6MJun 2024
    Chainguard logoChainguardSeries B$61MNov 2023
    Browse.AI logoBrowse.AISeed$2.8MAug 2023
    Arrive Recommerce logoArrive RecommerceSeries A—Jul 2023
    Arrive logoArriveSeries A$16MJul 2023
    Recommerce logoRecommerceSeries A$16MJul 2023
    CChainguard DevSeries B$61MJan 2023
    Candor logoCandorSeed—May 2022
    Walnut logoWalnutSeries A$110MMay 2022
    Umba logoUmbaSeries A$15MApr 2022
    GOALS logoGOALSSeed—Apr 2022
    Arrow logoArrowSeries A$110MJan 2022
    CreditBook logoCreditBookSeed$11MDec 2021
    CreditBook logoCreditBookSeries A$11MDec 2021
    TTAG Innovation Pvt.Pre-Seed—Sep 2021
    Snackpass logoSnackpassSeries B$70MJun 2021
    TAG logoTAGSeed$12MJan 2021
    SoleSavy logoSoleSavySeries A$2MJan 2021
    Hamlet logoHamletSeed$10M—
    Howie logoHowieSeed$6M—
    JJoincandorSeed——
    GOALS logoGOALSSeed$15M—
    TTAG Innovation Pvt.Seed$12M—
    Mindset Health logoMindset HealthSeries A$12M—
    Page 1 of 2

    Top Co-Investors

    Afore Capital4 shared
    Y Combinator3 shared
    Amplify Partners3 shared
    Sequoia Capital3 shared
    Goodwater Capital3 shared
    444 Capital3 shared
    Regeneration.VC3 shared
    Maersk Growth3 shared
    Alpaca VC3 shared
    Addition3 shared
    Canaan Partners3 shared
    Liberty City Ventures3 shared
    General Catalyst2 shared
    Craft Ventures2 shared
    Spark Capital2 shared
    Cherry Ventures2 shared
    Northzone2 shared
    Moonfire Ventures2 shared
    firstminute capital2 shared
    i2i Ventures2 shared

    Last updated: 7 October 2026