Fundraising Fox

Hyphen Capital

Venture capitalActively deploying

San Francisco · Pre-Seed–Late Stage · 10 people tracked

Fox Verdict
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Investment thesis

Hyphen Capital invests early in exceptional founders, positioning itself as stage agnostic and willing to double down on its bets. The firm specifically backs Asian American entrepreneurs, aiming to help the next generation of Asian American founders become the norm rather than outliers. Rather than betting on pedigree or connections, Hyphen evaluates founders based on what they can build. Portfolio founders are plugged into a network of over 1,000 founders and operators who provide warm introductions to customers, investors, and hires, along with product and go-to-market feedback drawn from operating experience.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Late Stage
HQ
San Francisco, NY, US
Leads rounds
Follows
Instruments
Equity
Founded
2024
AUM
$30M
Tracked investments
64

Team · 10 people

from the firm's website & public directories

What they invest in

from 54 of 64 portfolio companies

AI & Machine Learning ×22Consumer ×18SaaS ×18Enterprise Software ×13Fintech ×10Direct to Consumer ×9E-commerce ×8Marketplaces ×7

HQs:United States×27Singapore×1

Investments · 64 tracked

founders shown can be your intro path

By year:2025 · 12023 · 22021 · 12019 · 15 dated

Workstreamworkstream.usin𝕏✓ verified

Workstream provides technology and services for the global deskless economy, serving the 2.7 billion workers and business owners in this segment.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaS

Desmond Lim(Founder & CEO)in

Co-investorsNotable CapitalBasis Set VenturesBond Capital ManagementFounders FundGaingelsSoma Capital+8 more

Active Anonymous Professional Networkteamblind.com

Sunguk Moon(Founder)in

Co-investorsAju IB Invesment CorporationDCM VenturesKiwoom InvestmentStorm Ventures

AfterHourafterhour.comin𝕏

AfterHour is a community-based social trading platform that connects retail stock market traders, allowing them to share verified positions and research with live alerts, charts, and ticker-specific chat rooms.

FintechMarketplacesSocial

Kevin Xu(Founder)Kevin X(Founder)

Co-investorsAlumni VenturesBasecamp FundGeneral CatalystTrousdale VenturesFounders FundPear VC

AI & ML Growthsuper.com

San Francisco, US

Henry Shi(Founder)inHussein Fazal(Founder)in

Co-investorsAcrew CapitalPlaza VenturesPosition VenturesTitanium Ventures

Beaconsbeacons.aiin𝕏

Beacons provides software tools including website hosting, email marketing, and online store capabilities for content creators to manage their businesses in one place.

ConsumerSaaSSocialSan Francisco, US

Neal Jean(Co-founder, CEO)inDavid Zeng(Founder)inJesse Zhang(Founder)in

Co-investors2am VCAmino CapitalAndreessen HorowitzBehind Genius VenturesJustin “3LAU” BlauMantis Capital+5 more

Booboo.world𝕏

Boo is a social and dating app that connects people based on shared interests and personality types (such as MBTI and zodiac signs), featuring community feeds, daily questions, and user-shared posts.

ConsumerSocial

Byrevivebyrevive.comin

(Re)vive helps fashion and retail brands recover value from returns, damaged goods, and unsellable inventory through tech-enabled grading, cost-controlled refurbishment, and restocking or liquidation via a gated consumer marketplace.

Circular EconomyE-commerceRetail Tech

Co-investorsCoalition OperatorsEqual Ventures

Calicocalicoai.com

Calico provides intelligent software systems for apparel brands' product teams, helping them manage product development, specs, and manufacturing across a network of vetted factories.

AI & Machine LearningEnterprise SoftwareSaaS

Khalid Khatib(Founder)inKathleen C.(Founder)in

Co-investorsMaple VCGold House Ventures

Concha Labsconchalabs.comin𝕏

Concha Labs makes Concha Sol, an FDA-cleared over-the-counter self-fitting hearing aid that uses patented technology to personalize a user's sound profile, with a focus on hearing speech in noisy environments.

HardwareHealthtechMedical Devices

Amy Li(CEO & Founder)in

Co-investorsCreative Destruction Lab (CDL)Draper AssociatesMedMountain Ventures

Concreitconcreit.com𝕏

Concreit is a mobile app that lets individuals invest in a diversified, professionally managed portfolio of real estate assets, with features for setting financial goals and earning weekly dividends.

ConsumerFintechPropTechSeattle, US

Co-investorsUnlock Venture Partners

Daveludavelu.com
Densitydensityai.com

Density AI designs custom AI accelerators optimized for frontier-scale large language model inference, combining near-memory compute architecture with high-bandwidth memory density.

AI & Machine LearningDeep Tech

Co-investorsFirestreak VenturesNextGen Venture PartnersAltimeter CapitalFounders FundiSeed VenturesTribe Capital+1 more

Discotechdiscotech.mein𝕏

Discotech is a nightlife app that curates local events and lets users sign up for guestlists, buy tickets, and book bottle service tables at nightclubs and music festivals from their phone.

ConsumerMarketplacesMedia & Entertainment

Earlydayearlyday.comin

EarlyDay is a hiring platform that connects employers with pre-screened, qualified educators, letting employers post jobs and search candidates while jobseekers find roles by commute time, salary, benefits, and educational philosophy.

EdTechHR TechMarketplaces

Co-investorsStruck CapitalAlpaca VC

Earnwithdropearnwithdrop.comin𝕏

Drop is a consumer rewards app where users link offers from brands they already shop and earn points on eligible purchases made through the app.

ConsumerE-commerceMarketing Tech

Co-investorsEvolution VC Partners

Elationelationhealth.comin𝕏

Elation Health builds health technology for independent primary care practices and physicians, centered on the physician-patient relationship.

AI & Machine LearningDigital HealthHealthtechSaaS

Kyna Fong(Co-Founder & CEO)Conan Fong(Co-Founder & Chief Experience Officer)Kyna Fong, PhD(Founder)in

Co-investorsAscension VenturesBootstrap Venture PartnersKapor CapitalScript CapitalThreshold Ventures

EMPOWERLYempowerly.comin

Empowerly provides college admissions counseling and application support services to help students gain admission to top universities.

EdTechBay Area, US

Hanmei Wu(Founder)Changxiao Xie(Co-founder)

Co-investorsAzure Capital PartnersBrighter CapitalConductive VenturesScrum VenturesTransLink CapitalFJ Labs+2 more

Flow Clubflow.clubin𝕏

Flow Club is a virtual coworking platform that facilitates focused productivity through live, structured sessions using body doubling and the Pomodoro Technique.

Enterprise SoftwareFuture of WorkSaaSWellness & FitnessSan Francisco, US

David Tran(Founder)in

Co-investorsY CombinatorDay One VenturesHustle FundNight CapitalNOMO VenturesSoma Capital+1 more

Formation Bioformation.bioin𝕏

Formation Bio develops drugs through partnerships with health systems, academic medical centers, and research sites, focusing on clinical trials in dermatology, rheumatology, and cardiometabolic diseases.

AI & Machine LearningBiotechDeep TechDigital HealthHealthtech

Ben Liu(CEO & Co-Founder)Linhao Zhang(Co-Founder)Benjamine Liu(Founder)in

Co-investorsSequoia CapitalSection 32Thrive CapitalAndreessen HorowitzFelicis VenturesFPV+4 more

Fractionalfractional.homes
Gamma.appgamma.app

Grant Lee(Founder)inJon Noronha(Founder)inJames Fox(Founder)in

Co-investorsAccelAfore CapitalAndreessen HorowitzIVP (Institutional Venture Partners)Lorimer VenturesNight Capital+6 more

Getrevelagetrevela.com

The site presents Thai-language promotional content for online slot ("สล็อตเว็บตรง") gambling, listing direct-web slot sites with automatic wallet deposits/withdrawals and hundreds of games.

Co-investorsBantam GroupAxial VC

Italicitalic.com𝕏

Italic designs and sells home goods including towels, bedding, scent products, and hosting items focused on everyday rituals.

ConsumerDirect to ConsumerE-commerceWalnut, US

Jeremy Cai(Executive Officer, Director, Promoter)Annie Chen(Executive Officer)

BoardDon Stalter(Director)Daniel Gulati(Director)Byron Ling(Director)

Co-investorsAdapt VenturesChapter OneComcast VenturesKindred VenturesWorklife VenturesCapital GmbH Co. KG+3 more

Jumpspeakjumpspeak.com

Jumpspeak is an AI-powered mobile language-learning app that uses an active immersion method, having users practice real-world conversations with AI chatbots and receive real-time speech, pronunciation, grammar, and vocabulary feedback.

AI & Machine LearningConsumerEdTech

Leveragetryleverage.aiin𝕏

Leverage provides a cloud-based platform that automates supplier follow-ups, acknowledgments, lead-time updates, and shipment notifications, giving buyers real-time supply chain visibility directly within their ERP.

AI & Machine LearningLogistics & Supply ChainSaaS

Co-investorsFlorida FundersGrid CapitalLas Olas Venture CapitalTensility Venture Partners

Lighthouselighthouse.appin𝕏

Lighthouse is a rental marketplace that lists apartments and pays users a cash back rebate when they sign a new lease at properties in its network.

ConsumerFintechMarketplacesPropTech

Co-investorsAdapt VenturesDCM Ventures

Mayvennmayvenn.com𝕏

Mayvenn sells human hair extensions and wigs and connects customers with beauty experts and hairstylists for personalized consultations.

ConsumerDirect to ConsumerE-commerce

Diishan Imira(Founder & CEO)inTaylor Wang(Founder)in

Co-investors500 GlobalAndreessen HorowitzBase Venture Management, Inc.Cleveland AvenueCore Venture CapitalImpact America Fund+13 more

Milathexcj.com

Co-investorsGold House Ventures

ModernLoopmodernloop.ioin𝕏

ModernLoop is a platform for automated interview scheduling that helps recruiting teams manage candidate scheduling and track hiring metrics.

Enterprise SoftwareHR TechSaaSSan Francisco, US

Lydia Han(Founder)inChristopher Triolo(Founder)in

Co-investorsAccelWebb Investment NetworkY Combinator

Mustmust.love

Must Love makes graham crackers sweetened with dates instead of refined sugar or high-fructose corn syrup.

ConsumerDirect to ConsumerFoodTech

Nexnex.inc𝕏

Nex builds games and interactive experiences controlled by body motion, using devices people already own to make physical activity more playful and social.

GamingHardwareSports TechWellness & Fitness

Co-investorsInnovation Global CapitalParticleHarris Blitzer Sports & EntertainmentLocus Ventures

Nguyen Coffee Supplynguyencoffeesupply.comOct 2019

Nguyen Coffee Supply sells Vietnamese coffee products, including ground espresso, marketed to consumers.

ConsumerDirect to ConsumerE-commerceBrooklyn, US

Sarah Nguyen(President and sole manager.)Sahra Nguyen(Founder)in

Co-investorsFlucas Ventures37 Angels

Nitranitra.comin𝕏

Nitra provides a card, lending, and back-office platform built specifically for independent medical practices including ophthalmology, dental, aesthetics, and fertility clinics.

Enterprise SoftwareFintechHealthtechNew York, US

Tim Hwang(CEO)

Co-investorsAAF Management Ltd.AppWorks VenturesDunamu & PartnersExpaFoundersX VenturesGold House Ventures+7 more

Omnekyomneky.comin𝕏

Omneky offers an AI advertising platform that writes, designs, launches, and optimizes ad creative—including images, short-form videos, avatar videos, and full-length commercials—across major marketing channels.

AdTechAI & Machine LearningMarketing Tech

Co-investorsAIX VenturesCadron Capital PartnersDG Daiwa VenturesMyAsiaVC

Parallelhealthparallelhealth.ioin

Parallel Health is a licensed teledermatology practice offering the MD-03 Protocol, a three-step system combining whole genome microbiome sequencing, 1:1 clinical consultations, and custom phage-based serums.

BiotechDigital HealthDirect to Consumer

Co-investorsFirst In VenturesAxial VC

Parsagonparsagon.ioin𝕏

Parsagon builds an AI system that collects and analyzes public policy documents from government bodies across multiple jurisdictions, helping enterprises and policy organizations identify regulatory changes and insights they might otherwise overlook.

AI & Machine LearningEnterprise SoftwareSan Francisco, US

Sandy Suh(Founder)in

Co-investorsY Combinator

Persona Identity verification Stage Seedwithpersona.com

San Francisco, US

Charles Yeh(Founder)Rick Song(Founder)

Co-investorsCoatue ManagementIndex VenturesOutcast VenturesPathlight VenturesBond Capital ManagementChemistry+1 more

Playbookplaybook.comin𝕏

Playbook is a digital asset management tool for organizing, understanding, and sharing creative files.

AI & Machine LearningCloud ComputingCreator EconomyMarketing TechSaaS

Jessica Ko(CEO & Co-Founder)in

Co-investorsAbstract VenturesMaple VCFounders Fund

Ployploy.aiin𝕏

Ploy builds account plans for sales and marketing teams targeting high-intent accounts through coordinated multi-contact email outreach.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Bryant Chou(Founder)in

Co-investorsStreamlined VenturesY Combinator

Pod Foodspodfoods.coin

Pod (Pod Foods Co.) is an omnichannel retail platform that helps consumer brands get placed with retail buyers, drive sell-through, and scale across regions and national accounts.

B2B MarketplacesFoodTechRetail TechSan Francisco, US

Co-investorsBarrel VenturesFunction VenturesK2 GlobalLotus Venture PartnersM12 (Microsoft's Venture Fund)Moment Ventures, Llc+5 more

Prime Rootsprimeroots.comin

Prime Roots makes plant-based deli meats designed to match conventional meat in blind taste tests, using clean ingredients without nitrates or celery salt.

ConsumerFoodTech

Kimberlie Le(Founder)in

Co-investorsDiamond Edge VenturesDnx VenturesPangaea Ventures Us Inc.PortfoliaSpiral Sun VenturesSignalRank+1 more

Pry Financialspry.coin𝕏acquired by Brex

Pry Financials made financial planning software that gave startups budgeting, forecasting, and scenario modeling tied to their accounting data.

AI & Machine LearningEnterprise SoftwareFintechSaaSSan Francisco, US

Andy Su(Founder)inTiffany Wong(Founder)inHayden Jensen(Founder)inAlex Sailer(Founder)inHenrique Dubugras(Co-CEO)

Co-investorsY CombinatorDST GlobalIVP (Institutional Venture Partners)Kleiner PerkinsRibbit CapitalTiger Global Management+6 more

Riley AIaskriley.ioinJan 2025 · $3M

Riley is an AI platform that monitors go-to-market signals to detect churn risk, forecast changes, and expansion opportunities before they surface in dashboards.

AI & Machine LearningSaaSSales Tech

Co-investorsGenerationshipNextView VenturesVertex Ventures

Runwayrunway.comin𝕏

Runway helps founders understand financial data and spreadsheets.

AI & Machine LearningEnterprise SoftwareFintechSaaS

SiqiAnastasis Germanidis(Founder)inCristóbal Valenzuela(Founder)inDylan FieldHenry WardSiqi Chen

Co-investors500 GlobalAndreessen HorowitzChamaeleonDreamers VCRain CapitalShrug Capital+7 more

SafeBasesafebase.ioin𝕏Acquired

SafeBase (part of Drata) provides an AI-driven platform that automates security compliance, manages internal and third-party risk, and maintains a Trust Center to share always-current proof of an organization's security posture.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Francisco, US

Al Yang(Founder)inAdar Arnon(Founder)in

Co-investorsAnalog VenturesComcast VenturesContour Venture PartnersNew Enterprise Associates (NEA)Time Zero CapitalTouring Capital+3 more

Sanzo Brandsdrinksanzo.comDec 2023

Sanzo makes sparkling beverages featuring Asian fruit flavors such as calamansi, lychee, and yuzu, made with real ingredients and without added sugar.

ConsumerDirect to ConsumerFoodTechNew York, US

Alessandro Roco(Executive Officer, Director)Sandro Roco(Founder)Frank Zampardi(Director)Pat Robinson(Director)Takeshi Nakanishi(Director)Vanessa Dew(Director)

Co-investorsEast West Ventures EWVFlucas VenturesGold House VenturesMARKHAM VALLEY VENTURESOutbound Ventures

Senestudiosenestudio.com

Sene sells apparel including trousers, merino wool t-shirts, and terry fleece, offering custom-made clothing described as elevated essentials.

ConsumerDirect to ConsumerE-commerce

ShopShopsshopshopslive.comin

ShopShops is a livestream shopping application for fashion, beauty, and lifestyle goods.

B2B MarketplacesConsumerE-commerceSocial

Liyia Wu(Founder & CEO)in

Co-investorsAnsa CapitalLightShed VenturesSozo VenturesThe Chernin Group (TCG Crypto)Union Square Ventures (USV)Acrew Capital+3 more

Short Storyshortstorybox.comin

Short Story designs and sells clothing made specifically for petite women, with sizes tailored to women 5'4" and under.

AI & Machine LearningConsumerDirect to ConsumerE-commerceMarketplacesSan Francisco, US

Samuel Hoffstaetter(Founder)inIsabella Sun(Founder)in

Co-investorsY CombinatorWedbush Ventures

Sidechatsidechat.lol

Sidechat is a mobile app for finding and joining online communities.

ConsumerSocial

Simplifysimplify.jobsin𝕏

Simplify is a job search platform that helps candidates discover relevant positions, auto-fill applications, and access transparent salary and company culture data.

AI & Machine LearningConsumerFuture of WorkHR TechMarketplacesSaaSSan Francisco, US

Michael Yan(Founder)inEthan Horoschak(Founder)inRushil Srivastava(Founder)in

Co-investorsY CombinatorAntlerAptos FoundationCraft VenturesHivemind Capital LLCLattice Capital+1 more

Skillestskillest.com𝕏

Skillest is a platform connecting students with coaches for personalized video lessons and expert feedback, with a current focus on golf and plans to expand across other sports.

EdTechMarketplacesSports Tech

Slopeslope.so

B2B payments platform using AI for order-to-cash automation, risk assessment and embedded net-terms financing.

Co-investorsMONASHEESMPG Fund

Snoutsnoutid.cominMar 2021

Snout provides infrastructure for veterinary clinics to offer monthly wellness plans, letting pet owners enroll without credit checks while clinics are paid upfront at the time of care.

FintechSaaSLos Angeles, US

Emily Dong(Founder & CEO)David(Chief Operating Officer)Kyle(Chief Technology Officer)Jennifer Yip

Co-investors500 GlobalBread And Butter Ventures, LlcFinancial Venture StudioFootworkMuse CapitalRestive Ventures+1 more

Sudowritesudowrite.com𝕏

Sudowrite is an AI-powered writing tool for novelists and fiction writers, offering features to draft, expand, rewrite, and get feedback on prose, plus story planning tools like Story Bible and a plot canvas.

AI & Machine LearningCreator EconomyFuture of WorkSaaS

Amit Gupta(Co-founder)James Yu(Co-founder)in

Co-investors500 GlobalGaruda VenturesHuman Ventures

TomoCredittomocredit.comin𝕏

Crypto & Web3FintechSan Francisco, US

Kristy Kim(Founder)inKevin Irwin(Director)Ashwini Gupta(Director)Dukkyu Park(Director)Soyeon Kim(Executive Officer, Director)

Co-investorsBAM VenturesBeni Venture CapitalBronze InvestmentsLewis & Clark VenturesTechstarsUlu Ventures+3 more

Toyboxtoybox.com

Co-investorsSocial Starts

TrueNorthtruenorthfleet.comin𝕏

TrueNorth operates a digital loadboard and AI-powered freight matching platform that connects brokers with vetted carriers.

AI & Machine LearningEnterprise SoftwareFintechLogistics & Supply ChainSaaSSan Francisco, US

Sanjaya Wijeratne(Founder)inJin Stedge(Founder)in

Co-investorsPJCScribble VenturesY CombinatorGSR

Unit 21unit21.aiin𝕏

Unit21 provides an AI-powered fraud prevention and AML compliance platform that automates financial crime detection, investigations, and regulatory filing across the full lifecycle.

AI & Machine LearningEnterprise SoftwareFintechSan Francisco, US

Trisha Kothari(Founder & CEO)in

Co-investorsA.Capital VenturesAngel Collective Opportunity FundCore Venture CapitalFlucas VenturesGradient VenturesICONIQ+5 more

Vimcalvimcal.comin𝕏Oct 2023

Vimcal is a calendar application designed for busy professionals and executives that offers features for scheduling, availability sharing, and time management.

Enterprise SoftwareFuture of WorkSaaSNew York City, US

Michael Zhao(Founder/Board Member)inJohn Li(Founder)in

Co-investorsAsymmetric Capital PartnersFunction VenturesVibe CapitalWayfinder VenturesY CombinatorAltos Ventures+2 more

Exits · 1

IPOs and acquisitions across the tracked portfolio

Pry Financialsacq. by Brex

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Hyphen Capital made?
Hyphen Capital has 13 tracked investments.
What stage does Hyphen Capital invest at?
Hyphen Capital invests at the Pre-Seed, Seed, Series A, Late Stage stages.
What sectors does Hyphen Capital focus on?
Hyphen Capital focuses on Sector Agnostic.
Where is Hyphen Capital located?
Hyphen Capital is headquartered in San Francisco, US.
Does Hyphen Capital lead rounds?
Hyphen Capital typically participates in rounds rather than leading them.
Who does Hyphen Capital co-invest with?
Hyphen Capital most often shares deals with Gold House Ventures, Andreessen Horowitz, MARKHAM VALLEY VENTURES, among 43 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Don't Wait For Permission, Go After Your Dreams: Dave Lu, Hyphen Capital

WeCruitr Media · Dave Lu

AHN Legends | Dave Lu | Hyphen Capital

AHN · Dave Lu

Dave Lu // S2 Ep 126 // Investing Into AAPI Founders With Hyphen Capital

AHN · Dave Lu

Images

Hyphen Capital photoHyphen Capital photoHyphen Capital photo

Co-investors · 4

UpHonest Capital

UpHonest Capital is a Silicon Valley-based investment firm founded in 2017 that supports cross-border entrepreneurship and investment between China and the United States, and runs media, scout, and incubation programs.

$50K – $1M
Starta Accelerator

Starta is a venture ecosystem to find, foster, and fund early-stage talent in tech.

$500K
Amadeo

Amadeo operates at the intersection of credit and structured finance, offering corporate private investment in founder-led small and medium-sized businesses, asset-backed securities structured for fintech lenders, and joint venture partnerships with specialty finance companies.

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

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