Operative Capital is an entrepreneur-run, early-stage venture capital firm investing in disruptive financial technology startups. Based in Sausalito, California, the firm focuses on Seed and Series A investments, providing capital, hands-on advice, strategic support, and mentorship to portfolio companies.
50% of their portfolio is in Fintech. Their most common stage is series-b (50% of deals). Average disclosed round size is $37.3M (across 6 rounds with reported amounts).
Portfolio
3
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
AS
Andrew Sievers
Managing Director
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Forge Global | Unknown | $150M | Jan 2021 |
| Forge Global | Series B | $50M | Jul 2018 |
 Digit Software | Seed | $2.5M | Dec 2014 |
| BBlab | Series B | $8.8M | Dec 2014 |
| BBlab | Series B | $8.8M | Jan 2014 |
| BBlab | Series A | $3.8M | Jan 2013 |
Top Co-Investors
Baseline Ventures1 shared
GV1 shared
Freestyle Capital1 shared
Upside Partnership1 shared
LUN Partners Group1 shared
Panorama Point Partners1 shared
Tim Draper1 shared
Last updated: 7 October 2026