Background Capital
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Investment Firm
Overview
Background Capital is a venture capital firm founded by Rafael Corrales.
Highlights
Founded
2018
Industry
Financial Services
Employees
1-10
Investment
18
Lead Investment
0
Exits
1
Stages
Seed, Early Stage Venture
Investor Type
Venture Capital
Location
United States, North America
Contact Information
Social
Profile Resume
Background Capital, established in 2018 and headquartered in United States, North America., specializes in Seed, Early Stage Venture investments across Software, Waste Management, Financial Services, Venture Capital, Finance, Enterprise Software, Information Technology, Cyber Security, CleanTech, Robotics. The organization boasts a portfolio of 18 investments, with an average round size of $7.7M and 1 successful exits. Their recent investments include BinIt, Shine Capital, Neotribe Ventures, Flipturn, Accel. The highest investment round they participated in was $9.9B. Among their most notable exits are BinIt and Shine Capital. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Background Capital has made 18 investments. Their most recent investment was on Jan 29, 2024, when BinIt raised $6.4M.
Background Capital has made 7 diversity investments. Their most recent diversity investment was on Dec 01, 2021, when Empora Title raised $22.1M.
investments
18
Diversity investments
7
Lead investments
0
Number of exits
1
Investments
18
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Feb 09, 2022 | Reveri | Health Care | 3.8M |
| Jan 25, 2023 | Emperia | Software | 10.0M |
| Jul 27, 2023 | Flipturn | Software | 4.5M |
| Jan 29, 2024 | BinIt | Software | 6.4M |
Exits
1
Funding Timeline
Funding rounds
18
Investors
0
Funds
2
Funding Rounds
18
Background Capital has raised 18 rounds. Their latest funding was raised on Jan 29, 2024 from a Seed Round - BinIt round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Feb 09, 2022 | Seed Round - Reveri | - | 3.8M | - |
| Jan 25, 2023 | Series A - Emperia | - | 10.0M | - |
| Jul 27, 2023 | Seed Round - Flipturn | - | 4.5M | - |
| Jan 29, 2024 | Seed Round - BinIt | - | 6.4M | - |
Investors
0
There is no funding round available on this profile
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
There is no recent news or activity for this profile.