Fund of Funds

Inception Capital

Day one capital for the managers who will define their generation

About the platform

Peer allocators backing
emerging VC managers

We anchor Fund I and Fund II managers whose track record is still being written but whose edge is already verifiable: proprietary deal flow, founder trust that predates the fund, or a market position that larger platforms structurally cannot occupy. We do not back strategy decks; we back demonstrated edge.

We evaluate managers the way a GP evaluates founders, because we run a VC fund ourselves. The same instinct that tells us which founders to back tells us which managers will turn a first fund into a firm. After the commitment, that instinct keeps working: from running our own fund, we know what an emerging manager actually needs, and what looks like value-add but isn't.

If you are a VC manager launching your first or second fund,

Newsletter

Join our community of operators, founders, and allocators