Dunbar Capital
Venture capitalCambridge Β· Pre-SeedβSeed Β· 1 people tracked
Investment thesis
Dunbar Capital draws its name from Dunbar's Theory, the idea that there is a cognitive limit to the number of stable social relationships a person can maintain. The fund emphasizes intentional, sustainable, and helpful relationship building. It uses data, insights, and research about companies and relationships to source, evaluate, and make thesis-driven, conviction investments at the pre-seed and seed stage. Its focus areas center on fintech (business banking, consumer payments, B2B payments, wealthtech and brokerage) and fintech-adjacent themes such as commerce enablement, identity/KYC/AML, marketplaces, vertical SaaS, and Web 2.5, across US and EMEA markets.
Source: firm website, verified Aug 7, 2026.
Team Β· 1 people
from public directories
What they invest in
from 18 of 24 portfolio companiesFintech Γ12AI & Machine Learning Γ8SaaS Γ8Consumer Γ3Enterprise Software Γ3Data & Infrastructure Γ2Developer Tools Γ2Media & Entertainment Γ2
HQs:United StatesΓ3KenyaΓ1NigeriaΓ1
Investments Β· 24 tracked
founders shown can be your intro pathBy year:2025 Β· 12022 Β· 12 dated
Adaline provides a platform that helps AI teams improve and monitor their agents in production by ingesting traces, automatically generating evaluations, and creating synthetic test data to catch regressions before deployment.
AI & Machine LearningDeveloper ToolsEnterprise Software
Akshay G.(Founder)in
Co-investorsDiagramStreamlined Ventures
American Banker is a news and information publication covering the banking and financial services industry, reporting on topics such as regulation, payments, technology, mortgages, and wealth management.
FintechMedia & Entertainment
Co-investorsAltari VenturesDeciens
Birthday.app is a consumer mobile app that uses AI to find friends' birthdays from a user's contacts and compile them into a personal birthday calendar with reminders.
AI & Machine LearningConsumerSocial
Caliza provides payment infrastructure that lets businesses send and receive global payments and access USD accounts.
Data & InfrastructureEnterprise SoftwareFintech
Co-investorsAbstract VenturesDigital Currency GroupKraynos CapitalQED InvestorsQuona CapitalValor Capital Group+1 more
Curio makes interactive toys that come to life as conversational characters for children.
AI & Machine LearningConsumerHardware
Co-investorsACME CapitalBlue Wire CapitalShine Capital
Entendre provides AI agents that automate accounting workflows, turning transactions into journals, financial documents into data, and speeding up month-end close.
AI & Machine LearningFintechSaaSNew York, US
Kareem Khattab(Executive Officer, Director, Promoter)
BoardXuezhao Lan(Director)
Co-investorsBasis Set VenturesSouth Quad
Co-investorsNOEMIS VenturesRed & Blue VenturesShine CapitalSwitch Ventures
Kasheesh offers a payment tool that links a user's existing credit and debit cards and generates a single Mastercard card that splits a purchase across multiple cards at any merchant accepting Mastercard.
ConsumerFintech
Co-investorsAdapt VenturesAnthemis VentureFlucas Ventures
Mercoa provides B2B payment solutions, specifically AI-powered billing and invoicing tools, for SaaS platforms to embed into their product for their end customers.
Developer ToolsFintechSaaSSan Francisco, US
Sai Arora(Founder)inSandeep Dinesh(Founder)in
Co-investorsY Combinator
OatFi provides payment infrastructure and embedded credit APIs that let B2B payment platforms offer working capital, early payments, net terms, and reconciliation within their existing flow of funds.
Data & InfrastructureFintechSaaS
Co-investorsEvolution VenturesLorimer VenturesPICUS CAPITALQED InvestorsWhite Star CapitalCambrian Ventures
OpenYield operates an electronic fixed income marketplace for trading corporate, municipal, and Treasury bonds using automated liquidity.
B2B MarketplacesFintechSaaS
Co-investorsFlow Traders
FinTech Global is a news and analysis website covering the financial technology industry, publishing stories on funding, deals, and market trends.
FintechMedia & Entertainment
Co-investorsAdvance Venture PartnersAnnex Investmentsb2ventureClear Haven Capital ManagementDragon CapitalFlyover Capital+3 more
RovrStack is developing an agentic operating system intended to power space-related operations.
AI & Machine LearningDeep TechSpace Tech
Co-investorsCity Light
Washington D.C., US
Douglas Bemis(Founder)inDouglas K. Bemis III(Executive Officer, Director)
BoardChris Fisher(Director)Christopher Martin(Director)
Co-investorsPoint72 Ventures
Umba is a digital bank for African consumers and small businesses that provides banking services, credit products, and payment solutions via mobile platforms.
FintechNairobi, KE
Co-investorsFrontline VenturesStreamlined VenturesValia VenturesThe Fund
Waza provides a B2B global payments platform for emerging market businesses in Africa, LATAM, Asia, and the Middle East to send and receive cross-border payments.
FintechLagos, NG
Maxwell Obi(Founder)inEmmanuel Igbodudu(Founder)in
Co-investorsFlucas VenturesKube VCOlive Tree CapitalVelocity DigitalY Combinator
Portfolio news
latest coverage across their companiesSpektr Β· itkey.media Β· Jul 13, 2026
Mercoa Β· ycombinator.com Β· Aug 11, 2025
Waza Β· fintechmagazine.africa Β· May 13, 2025
Umba Β· dabafinance.com Β· Apr 10, 2025
Frequently asked questions
- How many investments has Dunbar Capital made?
- Dunbar Capital has 24 tracked investments, including 1 dated in the last 24 months.
- What stage does Dunbar Capital invest at?
- Dunbar Capital invests at the Pre-Seed, Seed stages.
- What is Dunbar Capital's typical check size?
- Dunbar Capital typically writes checks of $25K β $1M.
- What sectors does Dunbar Capital focus on?
- Dunbar Capital focuses on AI & Machine Learning, Cybersecurity, Enterprise Software, Fintech, Marketplaces, SaaS, Sector Agnostic.
- Where is Dunbar Capital located?
- Dunbar Capital is headquartered in Cambridge, US.
- Does Dunbar Capital lead rounds?
- Dunbar Capital typically participates in rounds rather than leading them.
- Who does Dunbar Capital co-invest with?
- Dunbar Capital most often shares deals with Flucas Ventures, QED Investors, Shine Capital, among 45 tracked co-investors.
Similar investors
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Menlo Ventures is a venture capital firm that invests in transformative, early-stage AI companies across every layer of the modern AI stack, from applications and middleware to data infrastructure and foundation models.
OMERS Ventures is the venture capital arm of the OMERS pension plan, investing in early-stage technology founders building solutions across North America and Europe.
Amity Ventures is an early-stage venture firm that leads rounds, works closely with founders, and maintains a deliberately concentrated portfolio of only 3-5 investments per year.