Skip to content
    Sugar Capital logo

    Sugar Capital

    San Francisco, California, United StatesFounded 2020

    Sugar Capital is an early-stage venture capital firm that invests in the entire commerce ecosystem, focusing on consumer brands and the technology infrastructure that supports them. Their strategy involves investing in both consumer brands and the "picks and shovels" software and services that help these brands manage operations, with a recent emphasis on commerce-enabling technology solutions.

    Their most common stage is seed (67% of deals). Average disclosed round size is $17.2M (across 12 rounds with reported amounts).

    Find people at Sugar Capital on Goldilocks AI

    Portfolio

    12

    Fund Size

    $133.5M

    Top Stage

    Seed

    Last 12 Mo

    0

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    12 investments
    CompanyRoundAmountDate
    Ultra logoUltraSeries A$11MApr 2025
    Motion logoMotionSeries B$30MSep 2024
    LLucky F*ck EnergySeed$8MApr 2024
    Fondue logoFondueSeed$10.5MSep 2022
    Bounty logoBountySeed$4.7MAug 2022
    Reflex logoReflexSeed$4.5MJun 2022
    Disco logoDiscoSeries A$20MMar 2022
    DDent RealitySeed$3.4MNov 2021
    Archive.ai logoArchive.aiSeed$4.1MNov 2021
    Frame logoFrameSeed$3MJul 2021
    Fast logoFastSeries B$102MJan 2021
    Feastables logoFeastablesSeed$5M

    Top Co-Investors

    Stripe2 shared
    M131 shared
    Infinity Ventures1 shared
    Gaingels1 shared
    Verissimo1 shared
    Samsung Next1 shared
    JAM Fund1 shared
    Pi Labs1 shared
    Maven1 shared
    Struck Capital1 shared
    Alpha Edison1 shared
    January Capital1 shared
    Left Lane Capital1 shared
    Addition1 shared
    Lux Capital1 shared

    Last updated: 15 April 2026