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The Venture Codex

A Capital

100 Pine St. Suite 3300, San Francisco, CA, 94111, United States

Overview

A.Capital Ventures is an early-stage investment firm that finances consumer and enterprise technology companies. It was founded in 2014 by Ronny Conway. A.Capital Ventures is based in Menlo Park, California.

Total investments
131
Lead investments
29
Investments · 12mo
24
Active investors
8

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Intelligence.ai

    Participated · Seed · Aug 2026

    Intelligence.ai is developing DesignArena and is positioned as an AI company. The startup has a team of 10 people. It reported very rapid financial growth, increasing revenue from $5M to $60M ARR over a six-month period. The company also reported a global user base of 5.5 million users across more than 190 countries. To support its plans for DesignArena, Intelligence.ai completed a $7.9M seed raise led by Index Ventures with participation from Conviction, A_StarVC, and Combinator. The announcement did not disclose additional product details, a valuation, or prior funding rounds.

  • DesignArena

    Participated · Seed · Aug 2026

    DesignArena began days before its founders’ college graduation in 2025 and evolved from experiments to make AI-generated games more enjoyable into a broader human-evaluation platform. The product presents users with A-vs-B style comparisons across formats (websites, images and other visual media) so human preferences can be recorded and used by model developers. The platform has reached 5.3 million users and, per the report, is generating roughly $60 million in annual recurring revenue. Enterprise customers — including frontier AI labs — pay for access to the continuous human feedback that complements automated benchmarks. The company’s users are required to log in, enabling tracking of tastes over time and across regions, which the team says reveals stylistic differences by market. The article notes competitors and adjacent players in the human-evaluation space but highlights DesignArena’s early commercial traction and enterprise adoption.

  • Clara AI

    Participated · Seed · Jun 2026

    Clara AI offers an AI-first primary care platform where an AI system reads patient histories, drafts prescriptions, and prepares lab orders before routing them to licensed physicians for final approval. The startup sells three cash-pay membership tiers at $25, $50, and $150 per month, with higher tiers adding video visits, wearable integration, and biomarker testing; none of the plans accept insurance but all qualify for HSA and FSA reimbursement. The service claims to sync medical records from a network of more than 150,000 hospitals, labs, and pharmacies and treats routine primary care conditions such as allergies, hypothyroidism, type 2 diabetes, UTIs, and weight management while not prescribing controlled substances. Founders include George Favvas alongside Circle Medical co-builders Caitlin Swift and Zeeshan Ahmed, and the company has recruited Brendan Levy as chief medical officer and Claudia Tucker as VP of regulatory affairs. The business model emphasizes physician oversight of AI-generated clinical work to meet legal and regulatory requirements as it scales.

  • Sekai

    Participated · Series A · Jun 2026

    Sekai provides an AI-powered platform that translates plain-language prompts into functional, interactive mini-apps, enabling users to create games, utilities, and social tools in seconds. Its product features a social feed where users can share, remix, and engage with each other’s apps, borrowing viral mechanics similar to TikTok’s remixing. Within two months of launching its creation tools the platform hosted nearly 1 million mini-apps, with roughly half a million apps generated per month. Sekai uses AI coding agents to convert descriptions like “make a quiz about 90s movies” into working applications. The company targets consumer creators rather than enterprise product teams and is positioning itself to lower the barrier to interactive app creation. Following the Series A, Sekai plans to expand its AI creation platform and grow engagement on the network.

  • Mind Robotics

    Participated · Equity · May 2026

    Founded in 2025 out of a project initially known as “Project Synapse,” Mind Robotics is building industrial robots designed to perform human-like skills and further automate factory operations. The company was spun out of Rivian with RJ Scaringe, Rivian’s CEO, serving as chairman. Mind Robotics has raised over $1 billion to date, including a recent $400 million round led by Kleiner Perkins and a $500 million raise two months earlier, plus a prior $115 million from Eclipse. The latest financing values the company at more than $3 billion. Investors include strategic corporate venture arms such as Volkswagen’s and major investors like Salesforce. The company is using the new capital to continue development and scaling of its industrial robotics technology.

Team