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The Venture Codex

Leadout Capital

3130 Alpine Road, Suite 288-237, Portola Valley, CA, 94028, US

Overview

Early-stage venture capital fund backing resilient founders.

Founded

2018

Deals ยท 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

21rounds
NAMEDATESIZE
Meadow AI
Sep 2026Participated
$7 MSeed
Expo
Apr 2026Participated
$45 MSeries B
BlockSpaces
May 2025Participated
$2 MOther Equity
Latii
Oct 2024Led
$5 MSeed
Momentum
Jul 2024Participated
$13 MSeries A
Laws of Motion
May 2024Participated
$5 MSeed
First Bite
Feb 2024Participated
$2 MOther Equity
Axiom Cloud
Jan 2023Participated
$7 MSeries A
SYKY
Jan 2023Participated
$10 MSeries A
AtoB
Aug 2022Participated
$155 MSeries B
Lovewick
Feb 2022Participated
$1 MSeed
Kraftful
Feb 2022Participated
$2 MSeed
Meadow AI
Sep 2026Participated
$7 MSeed
Expo
Apr 2026Participated
$45 MSeries B
BlockSpaces
May 2025Participated
$2 MOther Equity
Latii
Oct 2024Led
$5 MSeed
Momentum
Jul 2024Participated
$13 MSeries A
Laws of Motion
May 2024Participated
$5 MSeed
First Bite
Feb 2024Participated
$2 MOther Equity
Axiom Cloud
Jan 2023Participated
$7 MSeries A
SYKY
Jan 2023Participated
$10 MSeries A
AtoB
Aug 2022Participated
$155 MSeries B
Lovewick
Feb 2022Participated
$1 MSeed
Kraftful
Feb 2022Participated
$2 MSeed
21
Items
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Insights

Time horizon

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Deal Distribution

Leadout Capital: 21 funding rounds are recorded in the selected participation categories.All available history.
Leadout Capital: 21 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed36
Series A05
Series B02
Other Equity14

Monthly Deal Activity

Leadout Capital: 21 deals are recorded across 89 months.All available history.
Leadout Capital: 21 deals are recorded across 89 months. All available history
MonthDeals
Jun '191
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '201
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '214
Oct '210
Nov '212
Dec '210
Jan '220
Feb '222
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '221
Sep '220
Oct '220
Nov '220
Dec '220
Jan '232
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '241
Jun '240
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Leadout Capital: Networks, Cloud & Communication is the largest displayed sector by deal count (13 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Leadout Capital: Networks, Cloud & Communication is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Networks, Cloud & Communication13
Enterprise Software11
AI & Machine Learning6
Data, Analytics & IT5
Consumer & Lifestyle5
Hardware & Robotics4
E-Commerce & Retail3
Crypto & Blockchain3
Fintech3
Social & Community Platforms3
Transportation & Logistics2
Cybersecurity & Privacy1
Clean Energy & Sustainability1
Real Estate & Construction1
Space & Frontier Tech1
Manufacturing1
Media & Entertainment1
Food & Agriculture1
Developer Tools1

Deal Size Distribution

Leadout Capital: 21 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Leadout Capital: 21 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M9
$5M-$10M7
$10M-$25M3
$25M-$50M1
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Leadout Capital: United States has the largest recorded deal count among the displayed regions (20 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Leadout Capital: United States has the largest recorded deal count among the displayed regions (20 deals). All available history
RegionDeals
United States20
Europe1
Leadout Capital: 20 co-investors are shown, with Basis Set Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Leadout Capital: 20 co-investors are shown, with Basis Set Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Basis Set Ventures2
Corazon Capital2
Momenta2
Ulu Ventures2
Vela Partners2
A Capital1
Act One Ventures1
Amaranthine1
Artifact Capital1
Axiom1
BlockFund Ventures1
Blue Bear Capital1
Bread & Butter Ventures1
Brevan Howard Digital1
Brighter Capital1
Brilliant Friends1
Collaborative Fund1
Contrary Capital1
Crosslink Capital1
Elevate Ventures1

Investment Strategy

Leadout Capital: Led accounts for 19% and participating for 81% of round participation.All available history.
Leadout Capital: Led accounts for 19% and participating for 81% of round participation. All available history
CategoryDeals (count)Share (%)
Led419%
Participating1781%
Leadout Capital: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
Leadout Capital: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead375%
Co-led125%

Team

Alison Rosenthal

Managing Partner

Steve Brownlie

General Partner