Fundraising Fox

Asymmetric Capital Partners

Venture capitalActively deploying

Boston · Pre-Seed–Late Stage · 56 people tracked

Also known as ASYMMETRIC CAPITAL, LLC

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Investment thesis

Asymmetric backs exceptional founders who bring contrarian insights and structured, probabilistic thinking, believing disruption comes from re-examining long-held industry assumptions. Founded by former operators and founders, the firm leverages networks across tech, private markets, and the institutional investor community to support portfolio companies from first customer to IPO. It partners on core operations such as hiring, KPI dashboards, and go-to-market, and advises on financial matters including burn, equity, venture debt, and follow-on fundraising. The firm prizes integrity above all, alongside scrappiness and intelligence, and emphasizes a transparent, respectful, hardworking, and fun culture shared with founders, advisors, co-investors, and LPs.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Late Stage
Check
$1M – $10M
HQ
Boston, Massachusetts, US
Leads rounds
Leads
Instruments
Equity
Founded
2021
Last 12 months
3 investments
AUM
$105M
VC funds
2
Tracked investments
83

Team · 56 people

from the firm's website & curated & public directories
Nancy Chou· Partnerin

Partner focused on healthcare IT, horizontal and vertical SaaS, and B2B marketplaces.

Sarah Unger Biggs· Partner & Chief Operating Officerin

Partner and COO who runs the operations of the firm and fund and oversees investor relationships.

Jim Millar· Advisorin

Advisor to Asymmetric.

Michele Spitzer· Head of Portfolio & Platformin

Leads portfolio and platform work, partnering with founders and their leadership teams.

6 people who came through Asymmetric Capital Partners went on to found or lead other companies.

What they invest in

from 37 of 83 portfolio companies

SaaS ×21AI & Machine Learning ×16Enterprise Software ×14Healthtech ×6Digital Health ×5Fintech ×5Future of Work ×5E-commerce ×4

HQs:United States×30

Who they back

founder profiles across 27 portfolio companies
41%
solo founders
11 of 27 mapped founding teams
54%
repeat founders
of 26 founders with career history
~2.5 yrs
old at investment
median across 8 dated deals

Founding team size:solo founder×112 founders×133 founders×24+ founders×1

Where their founders studiedfrom 24 founders with education data

Harvard Business School ×4Princeton University ×4Harvard University ×3Stanford University Graduate School of Business ×3Duke University ×2University of California, Berkeley ×2

Where their founders worked beforefrom 26 founders with career history

McKinsey & Company ×3Amplitude ×2Bain Capital ×2Basis ×2EvolutionIQ ×2Twitter ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×5

3 founders hold a PhD · 10 hold an MBA (of 26 with degree data)

Investments · 83 tracked

founders shown can be your intro path

By year:2026 · 22025 · 22024 · 22023 · 42019 · 42018 · 12017 · 116 dated

AM Batteries, Inc.Dec 2024SEC filingmedium confidence

Billerica, US

Board seatLisa Coca· per SEC Form D · $44M raise · filed Dec 2024

Ecolectroecolectro.comin𝕏Nov 2025SEC filingmedium confidence

Ecolectro is an e-commerce site providing information on goods and services, with the ability for users to contact the company and sign up for a mailing list.

CleantechClimate TechE-commerceEnergyIthaca, US

Gabriel G. Rodriguez-Calero(Executive Officer, Director)Kristina M. Hugar(Executive Officer, Director)Gabriel G. Rodríguez-Calero(Founder)inZinovia Spezakis(Executive Officer)Jon Gordon(Executive Officer)

BoardRobert W. Shaw(Director)

Board seatLisa Coca· per SEC Form D · $10M raise · filed Nov 2025

Co-investorsLaunch NYNew Climate VenturesStarshotTechstarsToyota Ventures

Headstart Health, Inc.headstart.healthinJan 2025

Headstart connects families to independent, local ABA (Applied Behavior Analysis) therapy providers for children, handling insurance paperwork, authorizations, and provider matching.

Digital HealthHealthtechMarketplacesIndianapolis, US

Ali Pardesi(Executive Officer, Director, Promoter)Hasan Ismail(Executive Officer, Director, Promoter)

BoardMatty Mejia-Johnston(Director)

Board seatSam Clayman· per SEC Form D

Co-investorsOptum Ventures

Yardstickuseyardstick.comin𝕏Aug 2023SEC filingmedium confidence

Yardstick provides tools to measure, plan, and analyze soil carbon data, including instant soil carbon measurement, sample planning aligned with protocols such as Verra VM0042 and CAR SEP, and data mapping and auditing.

AgTechCleantechClimate TechDover, US

Christopher Tolles(Executive Officer, Director)Kevin Meissner(Executive Officer, Director)

Board seatLisa Coca· per SEC Form D · $17.6M raise · filed Aug 2023

Co-investorsBreakthrough Energy VenturesCultivian Sandbox VenturesLOWERCARBONLowercarbon CapitalPillar VCWorkshop Venture Partners+2 more

Adonisadonis.ioin𝕏

A healthcare integration platform that connects EHR, practice management, billing systems, and patient portals to provide real-time insights and actions across the revenue cycle for medical practices.

AI & Machine LearningEnterprise SoftwareHealthtechSaaS

Aman Magoon(Founder)inAkash Magoon(Founder)in

Co-investorsBling CapitalCoalition OperatorsFirsthandVCGeneral CatalystPoint72 VenturesQuadrille Capital

Alpha Grid

Vertical software platform for modern electrical grid projects

Anduin

Private markets workflow platform

Appexjoinappex.comin

Appex acquires mobile apps and grows them using data and a user-centric approach across categories such as Health & Fitness, Travel, Utilities, and Productivity.

ConsumerWellness & FitnessBoston, US

Fraser Simpson(Executive Officer, Director)Robert Shavell(Director)

BoardMatthew Rhodes-Kropf(Director)in

Co-investorsTectonic Ventures

Ark PESarkpes.com

Ark provides a customizable digital platform for venture capital and private equity firms to manage investor communications, performance reporting, and document sharing with their limited partners.

Enterprise SoftwareFintechSaaS

Co-investorsAcies InvestmentsAloft VCAlta PartnersAmity VenturesArtis VenturesAt One Ventures+21 more

Blitzyblitzy.comin

Autonomous software development for the enterprise (AI)

Cambridge, US

Brian Elliott(Executive Officer, Director, Promoter)inSiddhant Pardeshi(Executive Officer, Director, Promoter)Siddhant Prakash Pardeshi(Director)Sid Pardeshi(Founder)in

BoardSanjot Malhi(Director)in

Co-investorsBattery VenturesBosch VenturesFlybridge Capital PartnersLink VenturesNew York Life VenturesNFX+9 more

Cabana

Tech-enabled rollup of pool cleaning and maintenance businesses

Catch&Releasecatchandrelease.comMar 2019

Catch+Release runs a content licensing marketplace that lets brands and agencies license existing creator content found online.

San Francisco, US

Analisa Goodin(Executive Officer, Director)

BoardPreetish Nijhawan(Director)

Co-investorsAccelAstiaCervinFarvatn VentureStreamlined VenturesGingerbread Capital

Code Complete
Command AIcommand.aiin𝕏acquired by Amplitude · Oct 2024

Command AI (formerly CommandBar) built in-app user assistance software, including a command palette, product tours, surveys, and an AI copilot that helped users navigate web applications.

Developer ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US

James Evans(Founder)inVinay Ayyala(Founder)inRichard Freling(Founder)in

Co-investorsY CombinatorFrstKima Ventures

Copley

AI-powered content optimization platform for commerce

Counsel
Counsel Healthcounselhealth.comin𝕏Oct 2024

Counsel develops AI solutions to expand clinical capacity in healthcare.

AI & Machine LearningDigital HealthHealthtech

Co-investorsAndreessen HorowitzFloodgateGV (Google Ventures)Pear VC

Dentists Eagle
Dirac

Automated work instructions company for mechanical design and manufacturing

Eagle Electronics

IP-advantaged manufacturing rollout intended to enable onshoring of critical technologies

Electronics Span
Elevva

LatAm e-commerce brand aggregator

Elevvaelevva.coin

Elevva acquires or partners with local consumer brands to scale them into regional brands, providing strategy, technology, operations, and capital along with multichannel e-commerce expertise.

ConsumerE-commerceRetail Tech

Aníbal de Frankenberg(Founder)inFelix Tomas Elizalde(Founder)in

Co-investorsBlustone CapitalLatitud VenturesNorte Ventures

Emergence Software

Rollup of profitable B2B software applications

Co-investorsVast Ventures

Everlanceeverlance.comin𝕏

Everlance provides productivity tools that help businesses and independent workers automate routine tasks to save time and money.

Enterprise SoftwareFintechFuture of WorkSaaS

Gabriel Garza Rodríguez(Founder)in

Co-investorsBessemer Venture PartnersClocktower VenturesFinancial Venture StudioRestive VenturesTeamworthy VenturesBloomberg Beta

EvolutionIQevolutioniq.comin

EvolutionIQ builds AI-powered guidance software for insurance claims professionals to improve accuracy, fairness, and efficiency in handling injury and disability claims.

AI & Machine LearningEnterprise SoftwareInsurTechNew York, US

Michael Saltzman(Founder)in

BoardKara Hoogensen(SVP Specialty Benefits, Principal Financial Group)Scott Boutin(Chief Claims Officer, Reliance Matrix)

Co-investorsAltai VenturesBrewer Lane VenturesFirst Round CapitalFirstMark CapitalICONIQNew York Life Ventures+2 more

Factor

B2B software for supply chain management

Fero Labsferolabs.cominJun 2019

Software for manufacturing improvement

New York, US

Berk Birand(Executive Officer, Director)inAlp Kucukelbir(Director)in

BoardKlaus Kleinfeld(Director)inMichael Brown(Director)in

Co-investorsBlackhorn VenturesBowery CapitalClimate InvestmentCarat Venture PartnersInnovation Endeavors

Ferry

AI-enabled Manufacturing Execution System creating insights and automated workflows

Ferry Healthferry.healthin

Ferry provides AI-powered concierge healthcare navigation that finds and schedules appointments for patients, handling provider search, insurance matching, and booking.

AI & Machine LearningDigital HealthHealthtech

Mehul Mehta(Founder)inAndrew Buie(Founder)in

Co-investorsAvid VenturesLayout Ventures

First Tracksfirst-tracks.healthin

First Tracks connects higher-acuity and treatment-resistant mental health patients with providers, devices, or treatment protocols suited to their needs.

Digital HealthHealthtechMental Health

Daniel Lawhon(Founder)in

Co-investorsCity Light

Firstbasefirstbasehq.comin𝕏

Firstbase provides IT asset management and equipment provisioning services for distributed teams, handling device procurement, onboarding, asset tracking, repairs, and offboarding through automation and centralized infrastructure.

Enterprise SoftwareFuture of WorkHR TechSaaS

Co-investorsAndreessen HorowitzAlpaca VCKleiner Perkins

Flypjoinflyp.com

Flyp is a cross-listing and automation app for online resellers, letting them post inventory across marketplaces like Poshmark, eBay, Mercari, Facebook, Depop, and Etsy with features such as AI-assisted listings, inventory auto-sync, auto-delisting, and analytics.

E-commerceRetail TechSaaS

James Kawas(Founder)inDani Arnaout(Founder)

Co-investors2048 VenturesAfore CapitalAlante CapitalBAM VenturesGround Up VenturesInterlace Ventures+3 more

Flypflyp.space𝕏

FLYP builds branded company merchandise stores that generate on-brand product collections from a company's logo or brand guide using AI, with items made on demand and shipped worldwide.

AI & Machine LearningE-commerceHR Tech

Lee Sieradzki(Founder)in

Co-investorsSamos InvestmentsWinklevoss CapitalOutward VC

Formation

AI-powered dynamic interview prep platform

Foundational

Security and continuous monitoring tool for data stack

Freckle

Next-gen enrichment platform for CRM and GTM data

Freckle Educationfreckle.comin𝕏

Freckle is an adaptive learning platform offering student-paced and teacher-led practice exercises aligned to ELA and math standards.

Developer ToolsEdTech

Alexandr KurilinSidharth Kakkar

Co-investors500 GlobalFresco CapitalImagine K12Brenteca InvestmentsMintaka

Glacierendwaste.ioin𝕏

Glacier develops AI-powered robotic systems for material recovery facilities (MRFs) to improve recycling sorting and material quality.

AI & Machine LearningCircular EconomyRoboticsSan Francisco, US

Rebecca Hu-Thrams(Founder)Areeb Malik(Founder)

Co-investorsAlleyCorpEcosystem Integrity FundJetstreamNew Enterprise Associates (NEA)Overlap HoldingsSHAKTI+8 more

Grottogrottoai.comin

Grotto provides real-time AI sales coaching for leasing agents in the multifamily/apartment rental industry, offering call guidance and pre/post-interaction coaching to convert more prospects into signed leases.

AI & Machine LearningPropTechSales TechNew York, US

Nick Deveau(Founder)inBen Epstein(Founder)in

Co-investorsICONIQ

Halohalo.science

Halo operates an online platform that connects corporate R&D teams with researchers, startups, and suppliers interested in partnering.

B2B MarketplacesEnterprise SoftwareSaaS

Co-investorsChicago Early Growth Ventures (CEGV)

Hardfinhardfin.comin

Hardfin is a cloud-based SaaS platform that acts as an asset subledger for hardware-as-a-service (HaaS) companies, tracking the operational lifecycle of physical assets—from sourcing and deployment to service and end-of-life—and aligning that data with billing, accounting, and revenue reporting.

FintechHardwareSaaSSan Francisco, US

Danny Hermes(Founder)Zachary Kimball(Founder)in

Co-investorsAfore CapitalBetter Tomorrow Ventures

Headroom

Platform building custom AI-powered software for small businesses

Hemlanehemlane.comin𝕏Feb 2019

Hemlane provides software and support services for managing rental properties, including tenant placement, AI-generated listings, tenant screening, rent collection, lease management, 24/7 maintenance coordination, and eviction assistance.

AI & Machine LearningMarketplacesPropTechSaaSSan Francisco, US

Dana Dunford(Executive Officer, Director)

BoardGavin Myers(Director)in

Co-investorsAglae VenturesFunction VenturesLigature VCPrudenceVesta Ventures

Idelicidelic.cominAcquired

Idelic offers Safety Suite, a platform that centralizes fleet driver data by integrating with existing vendors and uses predictive analytics to identify at-risk drivers and guide managers in coaching them before accidents occur.

AI & Machine LearningLogistics & Supply ChainSaaSPittsburgh, US

Thomas Hayden Cardiff(Executive Officer, Director, Promoter)Nick Bartel(Founder)in

BoardSean Sebastian(Director)

Co-investorsBirchmere VenturesCarbon VenturesOrigin VenturesAtlantic Vantage PointAXA Venture PartnersBain Capital Ventures+2 more

Jericho Securityjerichosecurity.comin

Jericho provides AI-powered security solutions to defend organizations against generative AI-driven attacks through red team simulations, phishing campaigns, and threat detection.

AI & Machine LearningCybersecurityEnterprise SoftwareNew York City, US

Sage Wohns(Founder)inTim Hwang(Founder)in

Co-investorsCentre Street PartnersDash VCFoundersX VenturesRoot and Shoot VenturesWorldQuant VenturesCadenza+1 more

K2
K2 Spacek2space.io𝕏Feb 2023

The page is an online gambling/betting operator ("OK9") targeting Vietnamese players, offering sports betting, online casino, slots, fish-shooting games, lottery, and card games.

West Hollywood, US

Neeldev Kunjur(Executive Officer, Director)Karandev Kunjur(Executive Officer, Director)Karan Kunjur(Founder)in

Co-investorsAlpine Space VenturesAlso CapitalCapitalGFirst Round CapitalLightspeed Venture PartnersRedpoint Ventures

Kindredlivekindred.comin𝕏

Kindred is a platform that facilitates home swaps between travelers, connecting people who exchange their homes for periods of time.

MarketplacesTravel & HospitalitySan Francisco, US

Justine Palefsky(Founder)inTasneem Amina(Founder)

Co-investorsAndreessen HorowitzAvenir Growth CapitalBessemer Venture PartnersCaffeinated CapitalIndex VenturesNew Enterprise Associates (NEA)+1 more

Kodifkodif.aiin𝕏

Kodif builds AI agents for customer support that resolve tickets end-to-end, reading orders, checking policies, taking actions, and interpreting customer-attached photos and video.

AI & Machine LearningEnterprise SoftwareSaaS

Mike Zayonc(Founder)inVictor Pak(Founder)in

Co-investorsDraper Associates

Kontangokontango.comin𝕏

Kontango builds lightweight trading optimization software for commodity trading teams, offering supply-chain market mapping, market intelligence capture, and real-time trade planning and execution.

Enterprise SoftwareLogistics & Supply ChainSaaS

Co-investorsCentre Street Partners

Mandrelmandrel.inc

Mandrel is an AI-native ERP for commerce that organizes operations and finance around SKU-level inventory data, automating financial workflows like landed cost allocation, revenue recognition, and reconciliation.

AI & Machine LearningFintechSaaS

Arjun Aggarwal(Founder)in

Morf

Automation platform for healthcare businesses

Motives

AI-powered qualitative research platform

Natter

B2B software for workplace and customer communications

Neosyncneosync.devin𝕏Jun 2017Acquired

Neosync is an open-source platform for generating anonymized or synthetic versions of data and distributing them across development and testing environments.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Evis Drenova(Founder)inKathryn Rumrill(Executive Officer, Director)

BoardLawrence C. Best(Director)Sacha Lainovic(Director)Jan Pensaert(Director)

Co-investorsY CombinatorLombardstreet Ventures

OneScreen

AI-enabled marketplace for out-of-home (OOH) advertising

Onescreen Ai
Orca DBAug 2023

Platform enabling AI at pervasive scale with efficient continuous control

Arlington, US

Stephen Kemmerling(Executive Officer, Director)

Prestoprestocharging.comin

Presto provides electric vehicle charging solutions designed for fleets, mobility providers, and businesses, focusing on creating efficient charging experiences and utilization optimization for charging partners.

CleantechEnergyMobility & TransportationSaaSOakland, US

Ashwin Dias(Founder)inJJ Raynor(Founder)

Co-investorsCongruent VenturesJetstreamUnion Square Ventures (USV)Cleveland AvenueLink VenturesREMUS Capital

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

IPOs and acquisitions across the tracked portfolio

Command AIacq. by Amplitude

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Asymmetric Capital Partners made?
Asymmetric Capital Partners has 73 tracked investments, 2 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does Asymmetric Capital Partners invest at?
Asymmetric Capital Partners invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Asymmetric Capital Partners's typical check size?
Asymmetric Capital Partners typically writes checks of $1M – $10M.
What sectors does Asymmetric Capital Partners focus on?
Asymmetric Capital Partners focuses on B2B Marketplaces, E-commerce, Fintech, Healthtech, InsurTech, SaaS, Sector Agnostic.
Where is Asymmetric Capital Partners located?
Asymmetric Capital Partners is headquartered in Boston, US.
Does Asymmetric Capital Partners lead rounds?
Yes, Asymmetric Capital Partners leads investment rounds.
Who does Asymmetric Capital Partners co-invest with?
Asymmetric Capital Partners most often shares deals with Andreessen Horowitz, Y Combinator, Bessemer Venture Partners, among 136 tracked co-investors.

From the blog

visit blog ↗

Asymmetric Capital Partners has written about its differentiated early-stage venture approach focused on capital-efficient businesses with recurring revenue and defensible unit economics, and about how AI is restructuring unit economics in large, fragmented industries historically overlooked by traditional venture. AI summary

Media · Podcasts & interviews

featuring the team

Rob Biederman, Managing Partner at Asymmetric Capital Partners

MGMT Boston - The Lantern · Rob Biederman

Rob Biederman, Managing Partner at Asymmetric Capital Partners - The VentureFizz Podcast

VentureFizz · Rob Biederman

Images

Asymmetric Capital Partners photo

Co-investors · 23

Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Long Journey Ventures

Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.

Both backed · 1
$100K – $1M
Battery Ventures

Battery Ventures is a global investment firm that has backed more than 450 companies over its 40-year history, operating its investment staff as a single global unit.

Both backed · 1
$500K – $100M
2048 Ventures

2048 Ventures is a thesis-driven early-stage venture capital firm based in New York and Boston that backs founders building future technologies.

Both backed · 1
$500K – $3M
Craft Ventures

Craft Ventures is a venture capital firm run by a team of former founders, operators, and investors who partner closely with founders to help build and scale technology companies.

$50K – $50M
SV Angel

SV Angel is a firm that has backed startup founders since the 1990s, leveraging a large network of founders, industry leaders, and regulators to support portfolio companies.

Norwest Venture Partners

Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.

$10M – $30M
Pioneer

Pioneer Fund is a venture capital firm investing in the top Y Combinator startups.

Revolution

Revolution is an investment firm that has backed founders, communities, and ideas for over two decades, spanning venture capital, entrepreneurship advocacy, and real estate and hospitality investments.

$100K – $1M
Village Global

Village Global is a venture capital firm that invests in early-stage founders and connects them with a network of experienced operators, angels, and prominent tech LPs.

$100K – $500K
Wing

Wing is a venture capital firm that invests in early-stage companies focused on business technology, data, mobile, and cloud infrastructure. The firm was founded by two experienced investors who maintain long-term engagement with their portfolio companies.

$200K – $20M
NextGen Venture Partners

NextGen Venture Partners (NGVP) is an early-stage venture firm that leads seed investments in B2B startups, backing companies from seed to scale.

$500K – $2M
11 more co-investors

23andMeKearny Jacksonfoobar.vcNewView CapitalForum VenturesAmino CapitalThe ClubPJCBackend CapitalSandwith Ventures, LLCTerra Venture Partners

Firms observed investing alongside Asymmetric Capital Partners, from public investor directories. Shared companies are the overlap with Asymmetric Capital Partners's recorded portfolio.

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