A Capital

Seed to Growth venture capital firm · San Francisco

A Capital is a Seed to Growth venture capital firm based in San Francisco that invests in AI/ML, Developer Tools and Crypto. DryPowder has no SEC Form D on file for A Capital as of June 3, 2026. Partners at A Capital include Ronny Conway (General Partner) and Ramu Arunachalam (General Partner).

Updated · Sources: fund website

Stages
Seed–Growth
Headquarters
San Francisco

Overview

A Capital at a glance

Stage
Seed, Early-Stage, Growth
Sectors
AI/ML, Developer Tools, Crypto, Web3, Enterprise Software
Headquarters
San Francisco
Cold inbound
Warm intro preferred

Investment thesis

Providing resources and counsel to forward-thinking companies revolutionizing how we live, work, and play, with favorable terms and less dilution than traditional VC models.

Stated on acapital.comWEBSITE

What sets A Capital apart

  • No ownership thresholds - flexible investment amounts not tied to ownership percentages
  • Board seat optional - advice without formal board control
  • Dedicated full-time Talent Partners for hiring/recruiting foundation
  • Favorable terms positioning for future rounds

Recent investments

DryPowder has tracked these recent investments from A Capital: Periodic and Polymarket.

What the portfolio shows

Get Starter to see what the portfolio reveals

Portfolio 19

Backed: Notion, Hugging Face, OpenAI + 16 more

Get Starter for the full portfolio

Partners

2 partners at A Capital

  • Ronny Conway

    General Partner

  • Ramu Arunachalam

    General Partner

From the fund's website. Contact details not yet verified.

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FAQ

Questions about A Capital

What does A Capital invest in?

A Capital is a Seed, Early-Stage, Growth stage AI/ML, Developer tools, Crypto, Web3, Enterprise software investor, primarily investing in US. Their thesis: Providing resources and counsel to forward-thinking companies revolutionizing how we live, work, and play, with favorable terms and less dilution than traditional VC models.

What makes A Capital different from other funds?

A Capital stands out on 4 points: No ownership thresholds - flexible investment amounts not tied to ownership percentages; Board seat optional - advice without formal board control; Dedicated full-time Talent Partners for hiring/recruiting foundation; Favorable terms positioning for future rounds.

What has A Capital invested in recently?

Recent investments DryPowder has tracked from A Capital include Periodic, Polymarket.

What other funds are similar to A Capital?

Funds with an overlapping stage and sector focus include Y Combinator, Neo, Pacer Ventures.

How do I reach A Capital?

A Capital does not generally take cold inbound; a warm introduction from a founder or investor the firm knows is the usual path.

Sources

Updated