What stage does Plexo Capital invest at?

Plexo Capital invests at the Seed, Series A stages.

What is Plexo Capital's typical check size?

Plexo Capital typically writes checks of $10K – $5M.

What sectors does Plexo Capital focus on?

Plexo Capital focuses on Consumer, Enterprise Software, Fintech, Impact & Social Good, SaaS.

Where is Plexo Capital located?

Plexo Capital is headquartered in San Francisco, US.

Does Plexo Capital lead rounds?

Plexo Capital typically participates in rounds rather than leading them.

Plexo Capital

Venture capital

San Francisco · Seed–Series A · 3 people tracked

Also known as Plexo Capital Antropico

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Investment thesis

Invests in women- and minority-led seed-stage venture capital firms and in private companies, operating inside GV and targeting general partners building the next generation of leading franchises.

Invests inConsumer Enterprise Software Fintech Impact & Social Good SaaS San Francisco United States

Source: firm website, verified Aug 18, 2026.

Stage

Seed–Series A

Check

$10K – $5M

San Francisco, CA, US

Leads rounds

Follows

Instruments

Equity

Founded

2018

AUM

$224.9M

Tracked investments

Team · 3 people

from public directories

Lo Toney· Founding Managing Partner· San Francisco, California, United Statesin 𝕏

Lo Toney, a former Zynga Poker GM, eBay leader, and LearnStreet CEO, incubated his firm inside GV, spun it out and backs seed VC managers—especially women and underrepresented founders—as meta-allocator.

Sam Toney· Analyst· Los Angeles, Californiain

Sam Toney is an Analyst at Plexo Capital, where he has developed the firm's five-stage process for GP selection. His responsibilities include evaluating general partner theses and sourcing strategies, supporting deal analysis, producing market and GP assessments, serving on the Investment Committee, and sourcing new team candidates.

Vishal Tripathi· Investor· Berkeley, Californiain 𝕏

Vishal Tripathi is an Investment Director at Olive Partners Management. He previously held investor roles at Next Legacy and Legacy Venture, and served as Portfolio Manager at Plexo Capital. His background includes financial engineering training from UC Berkeley, three years as a commodities desk quantitative analyst, and experience in alternative risk premia strategies at JP Morgan's macro investable indices desk.

What they invest in

from 1 of 1 portfolio companies

Consumer ×1Media & Entertainment ×1Social ×1

HQs:United States×1

Investments · 1 tracked

founders shown can be your intro path

Blavityblavity.com in 𝕏Jun 2018

Blavity is a digital media company producing news and content focused on Black culture, identity, and current events, serving Black millennials and Gen Z audiences.

ConsumerMedia & EntertainmentSocialLos Angeles, US

Morgan DeBaun(President, CFO and Secretary)

Co-investorsBase Venture Management, Inc.Comcast Ventures Kapor Capital MaC Venture Capital Cross Culture Ventures GV (Google Ventures)+1 more

Portfolio news

latest coverage across their companies

Fighting for media equity when DEI is vilified | Mashable

Blavity · mashable.com · Aug 19, 2026

Frequently asked questions

What stage does Plexo Capital invest at?: Plexo Capital invests at the Seed, Series A stages.
What is Plexo Capital's typical check size?: Plexo Capital typically writes checks of $10K – $5M.
What sectors does Plexo Capital focus on?: Plexo Capital focuses on Consumer, Enterprise Software, Fintech, Impact & Social Good, SaaS.
Where is Plexo Capital located?: Plexo Capital is headquartered in San Francisco, US.
Does Plexo Capital lead rounds?: Plexo Capital typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Big tech debate is moving away from capital spending to capital structure: Plexo Capital's Lo Toney

Lo Toney · cnbc.com

Plexo Capital's Lo Toney: AI 'inference economics' important to watch in 2026

CNBC Television · Lo Toney

Plexo Capital's Lo Toney talks what Nvidia stands to gain from Groq deal

CNBC Television · Lo Toney

Nvidia's earnings are a bellwether moment, says Plexo Capital's Lo Toney

CNBC Television · Lo Toney

Investors view Apple's capital discipline as a strategic advantage, says Plexo Capital's Lo Toney

CNBC Television · Lo Toney

Market wants change from promise to profit in megacap tech earnings, says Plexo Capital's Lo Toney

CNBC Television · Lo Toney

Images

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