Fundraising Fox

Banana Capital

Venture capitalActively deploying

Seattle · Pre-Seed–Seed · 2 people tracked

Also known as BANANA CAPITAL MANAGEMENT, LLC

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Investment thesis

Banana Capital invests up to $250k in pre-seed and seed rounds, often as a first or largest investor. It backs resilient, obsessed founders building category-defining products with defensible distribution, clear revenue prospects, and signs of large markets. Historical and future interest areas include consumer software, health, fintech, gaming, media, housing, dev tools, B2B software, and deeper tech, with particular themes around improving food, affordable housing, more efficient government, and how AI reshapes how businesses are built and operated. Investment is primarily in the US, with occasional deals in Europe and parts of Asia.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Seed
Check
$1 – $250K
HQ
Seattle, NY, US
Leads rounds
Leads
Instruments
Equity
Founded
2020
Last 12 months
1 investment
Private fund assets
$11.6M
VC funds
3
Tracked investments
23

Team · 2 people

from the firm's website & public directories
Olivia Deng· Investorin𝕏

What they invest in

from 22 of 23 portfolio companies

AI & Machine Learning ×10SaaS ×8Developer Tools ×5Consumer ×4Enterprise Software ×4Cloud Computing ×3Cybersecurity ×3Fintech ×3

HQs:United States×11Australia×1

Investments · 23 tracked

founders shown can be your intro path

By year:2025 · 22023 · 13 dated

Bobo LabsFeb 2025SEC filingmedium confidence

HealthtechYardlsley, US

Kethleen Widmer(Executive Officer, Director)Barry Bruno(Executive Officer, Director)Benedicte LeMarie(Director)

BoardWalid Abboud(Director)Ludmilla Le Marie(Director)

Board seatTurner Novak· per SEC Form D · $6M raise · filed Feb 2025

Amoamo.co

Paris-based social app company founded by ex-Zenly leaders, building friend-focused iOS apps including ID, Bump and Sugar.

Co-investors359 CapitalAbstract VenturesCoatue ManagementAlven

Artieartie.comin𝕏Nov 2025

Artie provides a data replication platform built on change data capture (CDC) technology, enabling real-time data movement with sub-minute latency and zero data loss.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Jacqueline Cheong(Founder)inRobin Tang(Founder)inRobin(Co-Founder & CTO)

Co-investorsStandard CapitalCalano VenturesCanaan PartnersFJ LabsGeneral CatalystIA Seed Ventures+6 more

Beebee.computerin𝕏

Bee is a personal AI that turns a user's conversations, tasks, and places into summaries, insights, and reminders.

AI & Machine LearningConsumerHardware

BeRealbere.alAcquired

BeReal is a social media platform where users share unfiltered photos using a front-and-back camera format during daily two-minute windows.

Social

Co-investorsAccelCoatue ManagementKima VenturesTq Ventures LlcAndreessen HorowitzDST Global

Bunbun.com𝕏

Bun is an all-in-one JavaScript, TypeScript, and JSX toolkit that includes a runtime, bundler, test runner, and package manager, aiming for full Node.js compatibility.

AI & Machine LearningDeveloper Tools

Candorusecandor.aiin

Candor provides AI-powered agents that help defense and deeptech companies identify and pursue government funding opportunities, compressing the application process from weeks to days.

AI & Machine LearningGovTechSan Francisco, US

Marcus Zimmerman(Founder)inEthne Laude(Founder)in

Co-investorsY CombinatorGlobal Founders Capital

Candorcandor.securityin

Candor provides a data loss prevention (DLP) platform that uses AI to detect insider risks by analyzing user behavior and data movement patterns, surfacing only genuine security threats to organizations.

AI & Machine LearningCybersecurityEnterprise SoftwareSan Francisco, US

Adarsh Ambati(CEO/Co-Founder)inAnsh Gupta(Co-Founder)inAditya Iyengar(Founder)in

Co-investorsY CombinatorGlobal Founders Capital

Chainguardchainguard.devin𝕏Nov 2023 · $61M

Chainguard provides minimal, zero-CVE container images built from source with full build-time SBOMs, code signatures, and FIPS-validated cryptography to help vendors meet PCI DSS and other security compliance requirements.

Cloud ComputingCybersecurityDeveloper Tools

Matt Moore(Founder)inDan Lorenc(Founder)inVille Aikas(Founder)in

Co-investors137 VenturesAlpha PartnersAmplify PartnersIVP (Institutional Venture Partners)Kleiner PerkinsLightspeed Venture Partners+8 more

Flexbaseflex.onein𝕏

Flex is a financial platform for internationally operating business owners that combines global banking with local-currency accounts and cross-border payments, stablecoin-based dollar accounts, a business rewards card with no credit check, and revenue-based financing.

FintechSaaS

Co-investorsCarnrite VenturesCompanyon VenturesFlorida FundersLiam HorneMS&AD VenturesRestive Ventures+3 more

Foragejoinforage.comin𝕏

Forage builds payment infrastructure that connects merchants, shoppers, and the U.S. government to enable acceptance of SNAP EBT and EBT Cash payments.

FintechGovTechRetail TechSaaSSan Francisco, US

Victor E. Fimbres(Co-Founder & CTO)in

Co-investorsActivant CapitalEqual Opportunity Venturesf7 VenturesMouro CapitalMucker CapitalNecessary Ventures+9 more

Hanoverparkhanoverpark.comin𝕏

Hanover Park is an AI-native fund administrator that combines automated services with software for investment firms, handling tasks such as bill processing, evidence collection, investment updates, LP responses, and KPI reconciliation.

AI & Machine LearningFintechSaaSNew York City, US

Chris Hladczuk(Founder)

Co-investorsBackwards CapitalHarpoon VenturesSteel AtlasSusa Ventures

Howiehowie.comin𝕏

Howie automates meeting scheduling through email and text conversations, reducing back-and-forth coordination by finding available times, creating booking links, and following up on pending confirmations.

Enterprise SoftwareSaaS

Co-investorsRoo Capital

Inngestinngest.comin𝕏

Inngest is an execution layer for agents and workflows that helps engineers build and optimize event-driven workflows without manual retry logic or queue management.

AI & Machine LearningCloud ComputingDeveloper ToolsRoyal Oak, US

Tony Holdstock-Brown(CEO & Founder)Dan Farrelly(CTO & Founder)inDaniel Farrelly(Executive Officer, Director)

BoardJamin Ball(Director)Dan Cahana(Director)in

Co-investorsAfore CapitalAndreessen HorowitzMotive ForceNotable CapitalPreston-Werner VenturesAltimeter Capital+1 more

Liveblocksliveblocks.ioin𝕏

Liveblocks provides APIs and infrastructure for building real-time collaborative tools, enabling multiplayer functionality for creative and productivity applications.

AI & Machine LearningCloud ComputingDeveloper ToolsSaaSSan Francisco, US

Guillaume Salles(Co-founder & Engineer)Steven Fabre(Co-founder & Product Designer)in

Co-investorsAtlassian Venturesboldstart venturesKima Ventures

Mindset Healthmindsethealth.comin𝕏

Mindset Health develops digital health programs using hypnotherapy and mind-body medicine to help patients manage gastrointestinal disorders and improve health outcomes.

Digital HealthHealthtechMedical DevicesMental HealthWellness & FitnessMelbourne, AU

Alex Naoumidis(Co-founder & Co-CEO)inChris Naoumidis(Founder)in

Co-investorsAlberts Impact VenturesFifty YearsKing River CapitalPerennial PartnersTenmileY Combinator+1 more

Newmenewme.asiain

NEWME is a fashion retailer offering women's apparel including denim, tops, dresses, co-ords, jumpsuits, and winterwear through its app and online store.

ConsumerDirect to ConsumerE-commerce

Sumit Jasoria(Founder)in

Co-investorsAccelAfore CapitalEntrepreneur Ventures2am VCAccel IndiaAll In Capital+1 more

Overtimeovertime.tv𝕏

Overtime creates and operates new sports leagues and media IP — including OTE and OT Select in basketball and OT7 and OT Nationals in football — while producing over 150 weekly pieces of original sports content for its global audience of next-generation fans and athletes.

ConsumerMedia & EntertainmentSports TechBrooklyn, US

Daniel Porter(Executive Officer, Director)Zachary Weiner(Founder)inZack Weiner(Founder)in

Co-investors359 CapitalAndreessen HorowitzBezos ExpeditionsBlack CapitalSpark CapitalWinslow Capital+14 more

Playgoalsplaygoals.com𝕏

GOALS is a competitive football (soccer) video game focused on skill-based gameplay, covering match moments from kick-offs to goal celebrations.

GamingSports Tech

Primerprimer.com𝕏

Primer operates a network of microschools blending human instruction with technology to personalize learning for K-12 students, addressing education gaps in math and reading.

EdTechMiami, US

Ryan Delk(Co-Founder and CEO)

Co-investorsCubit CapitalEarl Grey CapitalElevate VenturesExpaHyperguapJetstream+4 more

ScienceIOscience.ioinAcquired

ScienceIO offers an AI platform for interpreting healthcare data, including a product that converts unstructured medical text into structured data via an API and maps it to millions of medical concepts.

AI & Machine LearningData & InfrastructureDigital HealthHealthtech

Will Manidis(Founder, CEO)Gaurav Kaushik(Founder, President)

Co-investorsEarl Grey CapitalSwell PartnersToba CapitalLachy GroomQuiet CapitalSection 32+5 more

Secureframesecureframe.comin𝕏

Secureframe provides a compliance automation platform that helps enterprises maintain security and compliance posture with common controls mapping across multiple frameworks.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Shrav Mehta(Cofounder)

Co-investorsAngel Collective Opportunity FundContraryGradient VenturesKleiner PerkinsLorimer VenturesOptum Ventures+1 more

Upwardsupwards.com

Upwards operates a technology-driven marketplace that connects families with childcare providers and partners with government entities to offer subsidized care.

B2B MarketplacesConsumerFuture of WorkHR TechSaaS

Jessica Chang(Co-founder)Jesse(Co-founder)Matt(Co-founder)

Co-investorsAlpha EdisonAmplify.LAEqual VenturesField VenturesFikaHalogen Ventures Management Company Llc+4 more

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.

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Banana Capital invest at?
Banana Capital invests at the Pre-Seed, Seed stages.
What is Banana Capital's typical check size?
Banana Capital typically writes checks of $1 – $250K.
What sectors does Banana Capital focus on?
Banana Capital focuses on AI & Machine Learning, Consumer, Deep Tech, Developer Tools, Enterprise Software, Fintech, FoodTech, Gaming, GovTech, Healthtech, Media & Entertainment, PropTech, SaaS.
Where is Banana Capital located?
Banana Capital is headquartered in Seattle, US.
Does Banana Capital lead rounds?
Yes, Banana Capital leads investment rounds.

Media · Podcasts & interviews

featuring the team

turner novak / banana capital

Slice Podcast · Turner Novak

Turner Novak, Founder & Solo GP, Banana Capital "Early stage venture capital firm"

Fondo · Turner Novak

Turner Novak: Building Banana Capital and a Following That Compounds

The Rise w/ Alex Klein · Turner Novak

Going Bananas with Turner Novak, Founder of Banana Capital

INDIE · Turner Novak

Turner Novak, founder of Banana Capital, talks VC investing and the power of meme accounts

ADSN · Turner Novak

Turner Novak: Founder of Banana Capital

Relentless · Turner Novak

Co-investors · 105

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
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

Both backed · 2
$30M
Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, from early stage through growth.

$500K – $15M
Spark Capital

Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.

Both backed · 2
$500K – $25M
Earl Grey Capital

Earl Grey Capital is an early-stage venture fund founded by operators who previously built Clearbit, an API-first data company acquired by HubSpot in 2023.

Both backed · 2
Shrug Capital

Shrug Capital started as a viral joke tweet that became a $3M venture fund, blending elite Silicon Valley investors with celebrities like Tony Hawk and The Chainsmokers to create an unusually strong bridge between tech and entertainment culture. The fund backs companies with "effortless sharing" potential that are culturally resonant enough to explain enthusiastically to non-tech friends, while the partners act as obsessive fans who tattoo portfolio logos and turn their personal lives into marketing campaigns for their companies.

Both backed · 2
$100K – $3M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

Both backed · 1
$4.4M – $214M
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

Both backed · 1
$1.7M – $87M
Notable Capital

Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.

Both backed · 1
$5M – $50M
Greycroft

Greycroft is a venture capital firm that partners with founders across multiple industries and geographies, investing in software, sustainability, and consumer brands.

Both backed · 1
$100K – $5M
Amplify Partners

Amplify Partners is a venture capital firm that backs technical founders — engineers, researchers, and scientists — building companies across AI/ML, data infrastructure, developer tools, and life sciences.

Both backed · 1
$500K – $5M
Todd and Rahul’s Angel Fund

Todd and Rahul's Angel Fund is an early-stage investment vehicle run by founders Todd Goldberg and Rahul Vohra, who write $300k-$500k checks into early-stage startups and help with product/market fit, go-to-market, and future fundraising.

Both backed · 1
$300K – $500K
93 more co-investors

Vibe CapitalFuel CapitalStandard Capitalboldstart venturesFikaContraryEXPONENT FOUNDERS CAPITALAlvenMantis CapitalFounders FundCraft VenturesKhosla VenturesGreylock PartnersTechstarsIndex VenturesAlumni VenturesBenchmarkBain Capital VenturesUberEverywhere VenturesDCVC (Data Collective)AtomicoSapphire VenturesStreamlined VenturesOffline VenturesSlow VenturesPioneerPrecursor VenturesStellar CapitalAdditionFloodgateMeritech Capital PartnersResolute VenturesQED InvestorsBuckley Ventures Management Company LlcPoint NineNot Boring CapitalGoodwater Capital2048 VenturesEQT Ventures75 & SunnyCostanoa VenturesCoinbase VenturesCausalWorklife VenturesKearny JacksonPelion Venture PartnersLOI VentureFreigeist CapitalWork-BenchLobby CapitalClimate CapitalMischief305 VenturesMakers FundRally Ventures Management, LlcPlaidS32Adjacent Ventures LlcTrust FundColor CapitalBBG VenturesTMVWndrCoStripePIPELINE CAPITAL PARTNERSMoving CapitalFemale FoundersArriveAlpine VenturesDVCAllen Institute for Artificial Intelligence Incubator (AI2)Cambrian VenturesANIMO VenturesMarket One CapitalPositive Sum CapitalHorizonCoughdrop CapitalNorthside VenturesSeven Seven SixJungle VenturesMPG FundInformation Venture PartnersFOG VenturesDouble DownPanache VenturesHonest GameKeymakerOptimist VenturesTitletownTechSocially FinancedCoVentureIndus Valley Capital

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

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