Fundraising Fox

Adams Capital Management

Venture capital

Pittsburgh · Seed–Series A · 4 people tracked

Also known as ADAMS CAPITAL MANAGEMENT, INC.

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Investment thesis

ACM invests in early-stage applied technology companies, positioning itself as a lead Series A investor. The firm backs portfolio companies led by innovative technology entrepreneurs and experienced management teams aiming to define and dominate product categories. ACM applies its operational and industry expertise in information technology and networking infrastructure to help companies commercialize their technology into self-sustaining, market-leading businesses.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series A
Check
$1M – $5M
HQ
Pittsburgh, Pennsylvania, US
Leads rounds
Leads
Instruments
Equity
Founded
1994
AUM
$815M
VC funds
2
Tracked investments
10

Team · 4 people

from public directories

What they invest in

from 4 of 10 portfolio companies

SaaS ×3AI & Machine Learning ×2Enterprise Software ×2Circular Economy ×1Cleantech ×1Deep Tech ×1Defense Tech ×1Energy ×1

HQs:United States×5

Investments · 10 tracked

founders shown can be your intro path

By year:2017 · 12015 · 12014 · 13 dated

RoadRunner Recycling, Inc.roadrunnerwm.comin𝕏Sep 2017✓ verified

RoadRunner provides tech-enabled waste and recycling services to businesses across all 50 U.S. states, using data and artificial intelligence to improve recycling rates and reduce costs.

Circular EconomyCleantechEnterprise SoftwareLogistics & Supply ChainSaaSPittsburgh, US

Graham Rihn(CEO + Founder)in

BoardJoel Adams(Director)Duane Woods(Director)

Board seatJoel P. Adams· per SEC Form D

Co-investorsFifth WallGeneral AtlanticCerity Partners VenturesGreycroftPlayfair CapitalFJ Labs+3 more

LiquidPistonliquidpiston.com✓ verified

LiquidPiston develops compact rotary internal combustion engines based on a patented thermodynamic cycle, offering improvements in efficiency, weight, size, vibration, and noise, with engines scalable from 1HP to over 1000HP.

Deep TechDefense TechEnergyHardwareMobility & TransportationBloomfield, US

Alexander Shkolnik(Co-founder)Nikolay Shkolnik(Co-founder)James Norrod(Executive Officer, Director)

BoardWilliam Frezza(Director)Per Suneby(Director)David Patterson(Director)

Co-investorsColle Capital Partners

All Portfolio Companies

PartnerJoel P. Adams· solo GP

Current Portfolio
Dynamicsdynamicsinc.comNov 2014

Cheswick, US

Norman E. O'Shea(VP, Chief Production Officer)Ross C. Wilkin(Chief Financial Officer)John M. Connolly(Director)Jonathan L. Beaver(Chief Architect)Michael Holthouse(Director)John T. Mazock(Chief Manufacturing Officer)

PartnerJoel P. Adams· solo GP

Co-investorsBessemer Venture PartnersExpeditionsValor Equity Partners

Featured Exits

PartnerJoel P. Adams· solo GP

First Insightfirstinsight.cominFeb 2015

First Insight provides an AI-powered decision platform for retailers, brands, and manufacturers, using consumer feedback and predictive analytics to guide product design, merchandising, assortment planning, pricing, and supply chain decisions.

AI & Machine LearningRetail TechSaaSSewickley, US

Gregory J. Petro(Executive Officer, Director)Matthew Marshall(Executive Officer)James Maloney(Executive Officer)

BoardRichard Marcus(Director)Joel Adams(Director)

PartnerJoel P. Adams· solo GP

Co-investorsEscalate Capital PartnersUpdata Partners

Information Technology:

PartnerJoel P. Adams· solo GP

Networking Infrastructure

PartnerJoel P. Adams· solo GP

VBrick Systemsvbrick.comin𝕏

Vbrick provides an enterprise video platform, offering software and services for organizations to deploy, manage, and distribute video across their operations and business processes.

AI & Machine LearningEnterprise SoftwareMedia & EntertainmentSaaSHerndon, US

Shelly Heiden(Executive Officer, Director)Brian Murphy(Executive Officer, Director)Steve Blodgett(Executive Officer)Paul Sparta(Executive Officer, Director)

BoardJoel Adams(Director)Peter Chung(Director)

PartnerJoel P. Adams· solo GP

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Adams Capital Management made?
Adams Capital Management has 8 tracked investments.
What stage does Adams Capital Management invest at?
Adams Capital Management invests at the Seed, Series A stages.
What is Adams Capital Management's typical check size?
Adams Capital Management typically writes checks of $1M – $5M.
What sectors does Adams Capital Management focus on?
Adams Capital Management focuses on AI & Machine Learning, Cloud Computing, Deep Tech, Enterprise Software.
Where is Adams Capital Management located?
Adams Capital Management is headquartered in Pittsburgh, US.
Does Adams Capital Management lead rounds?
Yes, Adams Capital Management leads investment rounds.
Who does Adams Capital Management co-invest with?
Adams Capital Management most often shares deals with Cerity Partners Ventures, Escalate Capital Partners, Greycroft, among 4 tracked co-investors.

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