Captain Ventures

Captain Ventures is a seed-stage venture capital firm operating between Salt Lake City and San Francisco, launched in June 2026 and built on the belief that the founder, the Captain, is the primary determinant of a startup’s success. Its Fund I closed at about $33 million. Captain invests as non-competitive co-investment capital alongside other VCs, adding a highly engaged check without pushing for outsized ownership. It writes checks averaging about $750,000, ranging smaller to larger, typically in a company’s first two rounds. The firm is sector-agnostic and evaluates founder quality, the Captain, against market opportunity, the Current, in a founder-first framework.