🦊/Investors

BACKGROUND CAPITAL β€” Full Portfolio

6 tracked investments Β· listed companies and verified rows first

Instacartinstacart.comin𝕏NASDAQ: CART

Instacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.

ConsumerE-commerceFoodTechSan Francisco, US

Apoorva Mehta(Founder & CEO)inBrandon Leonardo(Founder)inMax Mullen(Founder)in

Co-investorsA*Andreessen HorowitzBling CapitalBright Pixel CapitalCanaan PartnersCoatue Management+29 more

Knoqknoq.cominπ•βœ“ verifiedAcquired

Knoq operates a platform that recruits and trains neighborhood representatives to conduct direct-to-home sales and customer engagement for brands, helping companies connect with consumers through local, in-person interactions.

B2B MarketplacesConsumerDirect to ConsumerMarketing TechSaaSSales TechBoston, US

Kendall Tucker(Founder, CEO)in

Co-investorsTechstarsFathom CapitalWalnut Venture Associates

AudioShakeaudioshake.aiin𝕏Aug 2025

AudioShake develops sound separation technology that splits audio into component parts for media, entertainment, and speech workflows.

AI & Machine LearningCreator EconomyMedia & EntertainmentSan Francisco, US

Jessica Powell(CEO & Co-Founder)inLuke Miner(CTO & Co-Founder)in

BoardAlexander Hartz(Director)in

PartnerRafael CorralesΒ· solo GP

Co-investorsCoho DeeptechDisney AcceleratorOrigin VenturesPrecursor VenturesShine CapitalThomson Reuters Ventures+2 more

Background Capitalbackground.vc

Background is an early-stage venture capital fund led by Rafael Corrales that backs startup founders, having partnered with companies such as Instacart.

Sector Agnostic

Rafael Corralesin

Co-investorsLevel VenturesJackson Square Ventures

Reverireveri.cominFeb 2022 Β· $1.8M

Reveri is a self-hypnosis application that delivers clinically validated relief from pain, stress, and sleeplessness without drugs or appointments.

Digital HealthMental HealthWellness & Fitness

David Spiegel(Co-founder)Ariel Poler(Co-founder)in

Co-investorsTheVentureCityInreach VenturesVery Serious Ventures

ShoppingGivesshoppinggives.comin𝕏Sep 2020

ShoppingGives provides a social impact platform that enables businesses to integrate charitable giving into their commerce operations, allowing customers to donate at point of purchase or through customizable giving campaigns.

E-commerceImpact & Social GoodSaaS

Ronny Sage(Founder and CEO)in

PartnerRafael CorralesΒ· solo GP

Co-investorsRed Dog CapitalSerena VenturesService Provider CapitalSummit Peak Ventures20VCCaffeinated Capital+7 more

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