Ankona Capital
Growth equitySouthern California · Seed–Growth · 10 people tracked
Also known as ANKONA MANAGEMENT, LLC
Investment thesis
Ankona Capital invests in early-growth-stage B2B software companies, targeting businesses generating $5-15M in recurring revenue and writing checks of $5-15M. The firm focuses on companies 'at the elbow'—the inflection point after strong product/market fit where rapid growth must be managed thoughtfully and capital-efficiently. Founded by people who built their own software companies, the team brings more than 50 years of combined experience growing B2B software startups. Beyond financial backing, Ankona emphasizes developmental and strategic support, helping founders scale wisely and turn their visions into reality.
Source: firm website, verified Aug 3, 2026.
Team · 10 people
from the firm's website
What they invest in
from 9 of 18 portfolio companiesEnterprise Software ×6SaaS ×6AI & Machine Learning ×3Data & Infrastructure ×2Developer Tools ×2HR Tech ×2Marketing Tech ×2Cybersecurity ×1
HQs:United States×5
Investments · 18 tracked
founders shown can be your intro pathSouth Jordan, US
Ned May(Director)Brain Crofts(Director)Josh Harmsen(Director)Davis Bell(Executive Officer, Director)Ankit Sud(Director)Kurt Avarell(Executive Officer, Director, Promoter)
RegScale provides an AI-powered governance, risk, and compliance (GRC) platform that automates compliance workflows and continuous controls monitoring for DevSecOps and cloud-native environments.
CybersecurityDeveloper ToolsEnterprise SoftwareTysons, US
Travis Howerton(Co-Founder & CEO)inAnil Karmel(Co-Founder)inMichael Needel(Executive Officer)inEric Erston(Executive Officer, Director)inMina Faltas(Director)Jay Leek(Director)
Rivet Health builds software to streamline billing and operations tasks in healthcare settings.
Enterprise SoftwareHealthtechSaaSCottonwood Heights, US
Edward Ferrin(Executive Officer, Director, Promoter)Andrew Robert Harding(Director)Adam Goulburn(Director)Croom Beatty(Director)
Slingshot provides real-time operational intelligence and autonomous coordination software for space operations, serving defense, commercial, and sovereign operators.
AI & Machine LearningData & InfrastructureDefense TechSpace TechEl Segundo, US
Frequently asked questions
- What stage does Ankona Capital invest at?
- Ankona Capital invests at the Seed, Series A, Series B, Series C, Growth stages.
- What is Ankona Capital's typical check size?
- Ankona Capital typically writes checks of $5M – $15M.
- What sectors does Ankona Capital focus on?
- Ankona Capital focuses on Enterprise Software, SaaS.
- Where is Ankona Capital located?
- Ankona Capital is headquartered in Southern California, US.
- Does Ankona Capital lead rounds?
- Yes, Ankona Capital leads investment rounds.
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