Fundraising Fox

Night Capital

Actively deploying

Capitola Β· Seed–Growth Β· 3 people tracked

✨ Fox Verdict
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Investment thesis

Night Capital believes in long-term venture partnerships built on reputation, relationships, and judgment. The firm aims to be indispensable to its founders by thinking independently, acting with integrity, and serving with conviction. Kevin Carter leverages 17 years of investing experience and deep networks across the technology ecosystem to identify exceptional founders early and support them consistently through multiple stages of company development.

Invests inSector Agnostic

Source: firm website, verified Jul 20, 2026.

Stage
Seed–Growth
HQ
Capitola, US
Founded
2018
Tracked investments
71

Team Β· 3 people

from the firm's website
Kevin CarterΒ· Founder

Kevin Carter founded Night Capital in 2018 after nearly a decade at SV Angel, where he invested in early-stage companies including Airbnb, Stripe, Coinbase, and Snap. With 17 years of investing experience across multiple stages, he has participated in over 1,400 investments and focuses on backing exceptional founders from their earliest stages.

Colt Sauersin

Colt Sauers is a member of the Night Capital investment team.

Susan Hylandin

Susan Hyland is a member of the Night Capital investment team.

What they invest in

from 23 of 71 portfolio companies

AI & Machine Learning Γ—12Enterprise Software Γ—11SaaS Γ—11Fintech Γ—4Advanced Manufacturing Γ—3Future of Work Γ—3Healthtech Γ—3HR Tech Γ—3

HQs:United StatesΓ—14

Investments Β· showing 60 of 71

founders shown can be your intro path
Hiretofuhiretofu.cominπ•βœ“ verified

Tofu builds an identity verification system for hiring that validates applicants' credentials to prevent fraud and deepfakes in the recruitment process. The platform serves companies looking to protect against synthetic identities and credential falsification by job applicants.

AI & Machine LearningCybersecurityHR Tech

Affirm
Airbnb
Amplitude
Applied Intuitionappliedintuition.comin𝕏

Applied Intuition develops physical AI software for autonomous and intelligent machines, including vehicles, robots, ships, and satellites across industries like automotive, defense, logistics, and manufacturing.

AI & Machine LearningDeep TechEnterprise SoftwareRoboticsSunnyvale, US

Qasar Younis(Co-founder and CEO)Peter Ludwig(Co-founder and CTO)

Cascade Spacecascadespace.comin𝕏

Cascade Space develops software tools and infrastructure for designing, building, testing, and operating spacecraft communication systems. The company serves aerospace and space companies seeking to accelerate development with reduced team requirements.

Advanced ManufacturingDeveloper ToolsHardwareSaaSSpace TechSan Francisco, US

Jacob Portukalian(Founder)inArlen Abraham(Founder)in

Casper
Cerebras
Checkr
Codes Healthgetcodeshealth.com
Coinbase
Consensusconsensus.app
Credit Karma
Databricksdatabricks.comin𝕏

Databricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US

Original creators of Apache Spark, Delta Lake, MLflow and Unity Catalog<UNKNOWN>

Deeldeel.comin𝕏

Deel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders. The platform handles payroll, compliance, and HR administration for companies managing international workforces.

Enterprise SoftwareFintechFuture of WorkHR TechSaaSSan Francisco, US

Alex Bouaziz(CEO & Co-Founder)inShuo Wang(CRO & Co-Founder)in

Doordash
Dropbox
Durabledurable.com
Elastic
Flexport
Flock
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. It serves individual professionals, students, and remote workers seeking to improve focus and overcome procrastination.

Enterprise SoftwareFuture of WorkSaaSWellness & FitnessSan Francisco, US

David Tran(Founder)in

Gamma.appgamma.app
Github
Gustogusto.comin𝕏

Gusto provides payroll processing, employee benefits administration, and HR management tools to businesses, offering integrated software alongside support services for these functions.

Enterprise SoftwareHR TechSan Francisco, US

Josh Reeves(Founder/CEO)inEdward Kim(Founder/Empowering Gusto's Engineering Team)inTomer London(Founder/; Empowering Gusto's Product and Design Teams)in

Hims
Hugging Facehuggingface.coin𝕏

Hugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.

AI & Machine LearningCloud ComputingDeveloper Tools

humans&humansand.ai𝕏

humans& is a frontier AI lab focused on building human-centric AI systems that prioritize people and their relationships, emphasizing innovations in reinforcement learning, memory, and user understanding to create AI that strengthens organizations and communities.

AI & Machine LearningEnterprise SoftwareSaaS

Eric Zelikman(Co-founder)

Instacart
Inversion Spaceinversionspace.comin𝕏

Inversion develops spacecraft and systems to establish Low-Earth Orbit as an on-demand logistics network for rapid global transportation and defense applications. The company manufactures reentry vehicles and related hardware to enable cargo transportation across Earth via space.

Advanced ManufacturingDefense TechHardwareLogistics & Supply ChainSpace TechLos Angeles, US

Justin Fiaschetti(CEO)inAustin Briggs(CTO)in

Ironclad
Kalshikalshi.comin𝕏

Kalshi operates a federally regulated futures exchange that allows users to trade contracts based on the outcomes of real-world events, creating a new market for event-based financial derivatives.

FintechNew York City, US

Luana Lopes Lara(Founder)inTarek Mansour(Founder)in

Lassielassie.ai

Lassie provides software for doctors' offices to automate administrative tasks and office management. The company serves medical practices and is positioned in the healthcare technology sector.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechSaaS

Mercurymercury.comin𝕏

Mercury provides a banking platform for entrepreneurs and startups that integrates checking, savings, credit, debit cards, payments, invoicing, bill pay, and cash flow management in a single interface.

Enterprise SoftwareFintechSaaSSector Agnostic

Immad Akhund(Founder & CEO)in

Monark Marketsmonark-markets.com
Notionnotion.com

Notion is a workspace platform where teams and agents collaborate to capture context, find answers, and automate tasks using built-in AI features.

AI & Machine LearningFuture of WorkSaaS

Opalopalapp.com
Opendoor
Oscar
Pager Duty
Patreon
Pinterest
Plenfulplenful.com

Plenful is an AI platform that automates complex administrative workflows in pharmacy operations, designed for healthcare organizations and pharmacy teams. The company aims to reduce manual inefficiencies, errors, and delays in patient care delivery through intelligent automation built by former pharmacy operators and AI engineers.

AI & Machine LearningEnterprise SoftwareHealthtechSaaSSan Francisco, US

Joy Liu(Founder & CEO)

Polychromepolychrome.com
Rippling
Segment
Sentient Machinessentient-machines.com
Slack
Snapchat
Softmaxsoftmax.com

Softmax builds AI systems based on organic alignment principlesβ€”the concept that agents remaining aligned with human values also maintain alignment with each other. The team conducts research spanning AI safety, multi-agent frameworks, and governance methods.

AI & Machine LearningDeep TechSector Agnostic

Emmett Shear(Founder & Lead)David Bloomin(Founder)Yatharth Agarwal(Cofounder)

Spellbookspellbook.legalin𝕏

Spellbook develops AI-powered software for lawyers that integrates directly into Microsoft Word to automate contract drafting and review. The product serves law firms globally, enabling lawyers to work more efficiently on legal documents.

AI & Machine LearningLegalTech

Springcraftspringcraft.ai
Square
Standard Botsstandardbots.com
Standard Fleetstandardfleet.com
Statusstatusai.comin𝕏

Status is a social platform that lets users inhabit and interact within fantasy worlds, with over 3 million active users globally.

ConsumerGamingSocialNew York City, US

Fai Nur(Founder)in

Steadilysteadily.com
Stripestripe.comin𝕏

Stripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.

FintechSaaSSan Francisco, US

John Collison(Founder/President)inPatrick Collison(Founder/CEO)in

Tenkaratenkara.ai

Tenkara provides operations management software for manufacturers, offering visibility and automation for supplier coordination, freight management, pricing, ERP data, and compliance documentation.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaS

Ben Stern(CEO)

The Farmer's Dogthefarmersdog.com

The Farmer's Dog produces fresh, refrigerated pet food for dogs made with human-grade ingredients and designed to be nutritionally complete. The company serves dog owners seeking alternative nutrition options to traditional processed kibble and canned pet foods.

Direct to ConsumerFoodTech

Brett(Co-founder)Jonathan(Co-founder)

Frequently asked questions

What stage does Night Capital invest at?
Night Capital invests at the Seed, Series A, Growth stages.
What sectors does Night Capital focus on?
Night Capital focuses on Sector Agnostic.
Where is Night Capital located?
Night Capital is headquartered in Capitola, US.

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