TB
Tokyo Black is a seed to Series A stage investment firm based in San Francisco, California, United States. It has made 7 investments, with focus areas including Developer Tools, SaaS, Logistics & Supply Chain, PropTech, AI, Data & Analytics. Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is seed (57% of deals). Average disclosed round size is $10.5M (across 7 rounds with reported amounts).
Portfolio
7
Fund Size
—
Top Stage
Seed
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| KKilo Code | Seed | $8M | Dec 2025 |
 Fiveonefour | Series A | $17M | Sep 2025 |
 Depot | Seed | $4.1M | Aug 2024 |
 Knock | Series A | $12M | Feb 2024 |
 Gradient | Seed | $10M | Oct 2023 |
| MMiddleware | Seed | $6.5M | Aug 2023 |
 Hex | Series A | $16M | Oct 2021 |
Top Co-Investors
Redpoint Ventures1 shared
Amplify Partners1 shared
Operator Collective1 shared
XYZ Venture Capital1 shared
8VC1 shared
Fin Capital1 shared
Vercel1 shared
Decent Capital1 shared
Begin Capital1 shared
Dimension Capital1 shared
Stage 2 Capital1 shared
Flybridge Capital1 shared
Cota Capital1 shared
General Catalyst1 shared
Quiet Capital1 shared
Felicis Ventures1 shared
Y Combinator1 shared
Craft Ventures1 shared
Afore Capital1 shared
Worklife Ventures1 shared
Last updated: 8 March 2026