IC
Initialized Capital
Venture Capital · Founded 2012 · San Francisco, United States
Venture capital firm specializing in early stage investments
Initialized Capital’s biggest current holdings.
An estimate of Initialized Capital’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 4 companies where Initialized Capital is a named shareholder, worth about $448M in estimated equity value.
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1
Ro Health
2.5%
$7.0B
$175M
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2
ClipboardHealth
10.7%
$1.3B
$139M
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3
Standard AI
8%
$1.0B
$80M
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4
Talos
3.6%
$1.5B
$54M
Estimated value = Initialized Capital’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Initialized Capital also appears inside investor groups in Flock Safety, Patreon, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
Initialized Capital’s biggest exits.
Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from Initialized Capital’s transaction record.
Where Initialized Capital’s portfolio is concentrated.
Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 267 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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USA239
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Canada9
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UK4
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Germany3
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China2
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Brazil1
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Colombia1
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Denmark1
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France1
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Greece1
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Israel1
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Netherlands1
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Enterprise Software52
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Fintech42
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Health31
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Marketing28
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Media18
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Real Estate17
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Transportation15
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Education13
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Food13
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Security13
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Fashion12
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Home Living9
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Seed167
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Series A57
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Series B+24
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Early Growth131
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Breakout Stage85
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Late Growth51
Inside Initialized Capital’s portfolio.
The 60 highest-funded portfolio companies, of 267 tracked.
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CuWhere Initialized Capital’s portfolio founders come from.
158 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.
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United States133
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Canada4
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United Kingdom4
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Argentina3
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Australia2
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Italy2
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France1
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Greece1
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India1
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Netherlands1
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Stanford University18
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Georgia Institute of Technology8
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Massachusetts Institute of Technology8
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University of California, Berkeley8
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Yale University6
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Stanford University Graduate School of Business5
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Wharton School of the University of Pennsylvania5
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Cornell University4
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University of California, Santa Barbara4
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Columbia University3
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McKinsey & Company9
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Microsoft9
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Alphabet | Google8
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Amazon5
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Palantir5
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Stanford University5
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Uber5
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EarSketch4
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IBM4
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Y Combinator4
Similar investors.
Peers the API surfaces as most similar by portfolio shape, with Dealroom investor rank and portfolio scale.








Key people at Initialized Capital.


