Dunbar Capital
Venture capitalCambridge Β· Pre-SeedβSeed Β· 3 people tracked
Find your way into Dunbar Capital
4,385 people in our graph share verified history with the Dunbar Capital team β schools, employers, funds. One of them is your warm intro.
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· 3 people
from public directories
What they invest in
from 16 of 22 portfolio companiesFintech Γ10SaaS Γ9AI & Machine Learning Γ8Enterprise Software Γ5Consumer Γ3Developer Tools Γ2B2B Marketplaces Γ1Crypto & Web3 Γ1
HQs:United StatesΓ4NigeriaΓ2KenyaΓ1
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founderΓ52 foundersΓ5
Where their founders worked beforefrom 14 founders with career history
Nets Group Γ2Trulioo Γ2
Accelerator rootsportfolio companies that came through a program
Investments Β· 22 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
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 cross-border payment infrastructure that lets international businesses make instant global payouts, open multi-currency and USD-denominated accounts, run FX and treasury operations, and transact in fiat or stablecoins.
Crypto & Web3FintechSaaS
Co-investorsAbstract VenturesDigital Currency GroupKraynos CapitalQED InvestorsQuona CapitalValor Capital Group+2 more
Curio makes interactive toys that come to life as conversational characters for children.
AI & Machine LearningConsumerHardware
Samuel Eaton(Founder)in
Co-investorsACME CapitalBlue Wire CapitalShine CapitalKhosla VenturesOKX Ventures
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)in
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 VenturesCourtside VenturesTribe Capital
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
Minoa is an AI-powered platform that automates business case development and tracks value realization for B2B SaaS sales teams.
AI & Machine LearningEnterprise SoftwareSaaSSales Tech
Max Elster(Co-founder)inRichard Einhorn(Co-founder)in
OatFi operates a B2B credit network that embeds working capital into B2B payments, providing credit at the point of invoicing and payment.
Data & InfrastructureEnterprise SoftwareFintechSaaSNew York, US
John Jordan(Co-Founder & CTO)inMike Barbosa(Co-Founder & CEO)in
Co-investorsEvolution VenturesLorimer VenturesPICUS CAPITALQED InvestorsWhite Star CapitalCambrian Ventures
OpenYield operates a marketplace for fixed income trading that uses algorithmic liquidity and modern technology to provide automated, executable pricing for bonds.
B2B MarketplacesFintechSaaS
Hilton(Founder/CTO)
Co-investorsDraper AssociatesFlow Traders
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 VenturesHyperplane Venture Capital
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 VenturesBanana CapitalCostanoa VenturesLux Capital+3 more
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
Kasheesh Β· perissonnetwork.com Β· Apr 13, 2026
Syntracts Β· morse.law Β· Oct 29, 2025
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 22 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 36 tracked co-investors.
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