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Initialized Capital

San Francisco seed-stage VC fund with a generalist 'zero to one' thesis across enterprise SaaS, AI/infra, fintech, and hard tech.

Initialized Capital is a San Francisco venture capital firm that backs early-stage 'zero to one' founders across enterprise SaaS, fintech, AI/infrastructure, and hard tech. Co-founded by Garry Tan, Alexis Ohanian, and Harj Taggar, the firm is now led by Managing Partner Brett Gibson following Tan's 2022 departure to lead Y Combinator.

Overview

Firm
Initialized Capital Management LLC
Headquarters
San Francisco, California, USA
Founded
2012
AUM
Avg. check
$500K–$4M
Stages
Seed
Thesis
Generalist 'zero to one' seed investor across enterprise SaaS, AI/infra, fintech, hard tech

Portfolio companies1

Partners0

No linked records yet.

Frequently asked

What is Initialized Capital?
Generalist 'zero to one' seed investor across enterprise SaaS, AI/infra, fintech, hard tech
What stages does Initialized Capital invest at?
Initialized Capital invests at Seed, with typical checks of $500K–$4M.

Tags

Sources & citations2

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    Initialized Capital, founded 2012 by Garry Tan, Alexis Ohanian, and Harj Taggar, led Picogrid's $12M seed round; portfolio includes Coinbase, Reddit, Instacart

    PR Newswire: Defense Startup Picogrid Raises $12M to Connect Defense Systems
    Verified2024-01-10
  2. 2

    Initialized Capital, co-founded by Garry Tan, Alexis Ohanian, and Harj Taggar, is now led by Managing Partner Brett Gibson after Tan's 2022 departure to become CEO of Y Combinator

    Initialized Capital: Initialized Capital — Team
    Verified2026-07-20