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Penultimate Capital

Venture capital

Pre-Seed–Seed · 1 people tracked

Find your way into Penultimate Capital

1,312 people in our graph share verified history with the Penultimate Capital team — schools, employers, funds. One of them is your warm intro.

Ashley Kurpinskyunlockedknows Julian Eison · together at Golden Gate Capital (overlapped)
knows the team · via Golden Gate Capital
×9knows the team · via Kauffman Fellows Class 27
knows the team · via Kauffman Fellows
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Investment thesis

Penultimate Capital focuses on early-stage healthcare startups, positioning itself as a partner to founders navigating the most complex challenges in the health system. The firm operates on an invite-only basis and builds an 'Admitted Circle' of experienced operators, pod experts, and advisors who have worked at the frontier of health innovation. These operators partner with early-stage founders to help them navigate systemic complexity. The emphasis is on domain expertise and hands-on operator involvement at the earliest stages of company building within healthcare.

Invests inDigital HealthHealthtechSector Agnostic

Source: firm website, verified Sep 20, 2026.

Stage
Pre-Seed–Seed
Instruments
Equity
Tracked investments
3

Team · 1 people

from curated

What they invest in

from 3 of 3 portfolio companies

Consumer ×2Media & Entertainment ×2SaaS ×2AI & Machine Learning ×1Circular Economy ×1Creator Economy ×1Data & Infrastructure ×1E-commerce ×1

HQs:United States×2Singapore×1

Investments · 3 tracked

founders shown can be your intro path
Circularnowcircular.cominSeed

Circular enables consumers to access technology devices through a flexible ownership model that reduces electronic waste and supply chain pressure.

Circular EconomyConsumerE-commerceFintechHardwareMarketplacesSingapore, SG

Nicolas Ramsay(Founder)inPantha Roy(Founder)in

Co-investorsY Combinator360 CapitalAirTree VenturesCDP Venture CapitalEuropean Innovation Council FundGlobal Founders Capital+6 more

LeadGeniusleadgenius.comin𝕏

LeadGenius provides AI-powered contact intelligence and data sourcing for go-to-market teams to identify and engage target customers.

AI & Machine LearningData & InfrastructureEnterprise SoftwareMedia & EntertainmentSaaSSales TechSan Francisco, US

Anand Kulkarni(Founder/CEO)inPrayag Narula(Founder)inPhilipp Gutheim(Founder/COO)inDave Rolnitzky(Founder/CPO)inMark GodleyinZeb Couchin

Co-investors500 GlobalBee PartnersBetter Ventures Central LlcFundersClubInitialized CapitalJavelin Venture Partners+16 more

Priimepriime.comin𝕏Seed · Jun 2018Defunct

Priime develops photo editing software for photographers across iPhone, iPad, Mac, and Adobe Lightroom, featuring hand-crafted styles designed by working photographers.

ConsumerCreator EconomyMedia & EntertainmentSaaSSocialSan Francisco, US

Arthur Chang(Founder/CEO)inLoren Baxter(Founder)inAndrew Ng(Founder)inJoe Pestro(Founder)in

Co-investorsY CombinatorAmino CapitalCRCM VenturesFusionInitialized CapitalSherpalo Ventures+1 more

Frequently asked questions

What stage does Penultimate Capital invest at?
Penultimate Capital invests at the Pre-Seed, Seed stages.
What sectors does Penultimate Capital focus on?
Penultimate Capital focuses on Digital Health, Healthtech, Sector Agnostic.

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