/Investors

Plexo Capital

Fund of fundsoperating company · company profile

San Francisco · Pre-Seed–Series A · 3 people tracked

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

Jeremiah Gordonunlockedknows Lo Toney · together at Plexo Capital (overlapped)
×4knows the team · via Plexo Capital
×7knows the team · via Comcast Ventures
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Investment thesis

Plexo Capital operates a dual-strategy model, investing across the startup financing stack as both a limited partner in venture funds and a direct investor in companies. As an LP, it backs a network of next-generation VC franchises led by diverse general partners, aiming to add value beyond capital through support with portfolio construction, thesis development, fundraising, and LP introductions. On the direct side, it leverages proprietary access from its GP network — whose combined portfolios span over 900 companies — to co-invest in category-defining startups. Its stated mission is to generate superior returns by investing across the full financing stack while increasing diversity in the venture ecosystem.

Source: firm website, verified Sep 29, 2026.

Stage
Pre-Seed–Series A
Check
$10K – $5M
HQ
San Francisco, CA, US
Leads rounds
Follows
Instruments
Equity
Founded
2018
AUM
$224.9M
Tracked investments
36
Unicorns
4
IPOs
1
Acquisitions
1

Team · 3 people

from public directories
Laurence Toney· General Partner

What they invest in

from 23 of 36 portfolio companies

Enterprise Software ×8AI & Machine Learning ×7Fintech ×7Consumer ×4Media & Entertainment ×4Developer Tools ×3SaaS ×3B2B Marketplaces ×2

HQs:United States×15Mexico×2Vietnam×1

Investments · 36 tracked

founders shown can be your intro path

By year:2023 · 12022 · 32021 · 32019 · 12018 · 210 dated

Redditreddit.comin𝕏NYSE: RDDT

A social platform where users post content and discussions that are ranked by community votes, reaching hundreds of millions of monthly visitors across web and mobile applications.

Cloud ComputingConsumerMedia & EntertainmentSocialSan Francisco, US

Steve Huffman(Co-founder and CEO)inAlexis Ohanian(Co-founder)inMelissa Tidwell(Executive Officer)inDrew Vollero(Chief Financial Officer)inJennifer Wong(Chief Operating Officer)Benjamin Lee(Chief Legal Officer and Corporate Secretary)in

Co-investors1435 Capital500 GlobalA.Capital VenturesA*AAF Management Ltd.AlleyCorp+32 more

Dormroomfunddormroomfund.com𝕏✓ verified

Dorm Room Fund is an investment fund that provides capital, mentorship, and investor network access to student-led startups.

AI & Machine LearningClimate TechDeep TechFintechSector Agnostic

Josh Kopelman(Founder)in

Co-investorsChris DixonFirst Round CapitalGarry TanQuiet CapitalUnderscore VCDesignX+1 more

Arthurarthur.digitalin𝕏Sep 2022 · $42M

Arthur develops an AI-powered platform that enables organizations to build and deploy immersive workflows and experiences combining synchronous and asynchronous collaboration.

AI & Machine LearningEnterprise SoftwareFuture of WorkSan Mateo, US

Christoph Fleischmann(Founder)in

Co-investorsDraper AssociatesAcrew CapitalBAM ElevateGreycroftHomebrewIndex Ventures+1 more

ArthurAIarthur.aiin𝕏Sep 2022

Arthur provides AI performance monitoring, optimization, explainability, and bias mitigation solutions for enterprise customers deploying artificial intelligence.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareNew York, US

Adam Wenchel(CEO)in

BoardMike Volpi(Director)inTheresia Gouw(Director)inJonathan Lehr(Director)in

Co-investorsAcrew CapitalGreycroftHomebrewIndex VenturesWork-BenchBAM Elevate

Blavityblavity.comin𝕏Jun 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)in

Co-investorsBase Venture Management, Inc.Comcast VenturesGV (Google Ventures)Kapor CapitalMaC Venture CapitalCross Culture Ventures+1 more

Blavityblavityinc.com

Blavity is a US media company that produces and curates video and editorial content for Black millennial audiences across the African diaspora.

Impact & Social GoodMedia & EntertainmentLos Angeles, US

Jeff Nelson(Founder)inAaron SamuelsJonathan JacksonMorgan DeBaun

Co-investors500 GlobalVista Venture PartnersComcast VenturesCross Culture VenturesGV (Google Ventures)Harlem Capital Partners

Breakrmusicbreakr.comin𝕏Jul 2021

Breakr provides white-label infrastructure for influencer marketing agencies, including real-time creator payments, receivables underwriting, and working capital financing to bridge net-30/60 brand payment terms.

Creator EconomyFintechMarketing Tech

Tony Brown(Founder & CEO)Ameer Brown(Founder)in

Co-investorsCosmic Venture PartnersDebut CapitalR/GA VenturesSixty8 CapitalUnknown VenturesAndreessen Horowitz+7 more

Buffalo Marketbuffalomarket.com𝕏

Xoilac TV (Xoilac365) is a Vietnamese website that streams live football matches for free, including major leagues such as the Premier League, Champions League, La Liga and World Cup, with Vietnamese-language commentary.

Media & EntertainmentHải Phòng, VN

Adam Olejniczak(Cofounder)Sean Howell(Executive Officer, Director)Dayna Grayson(Director)

Co-investorsBase Venture Management, Inc.Evolution VenturesForerunner VenturesNoveus CapitalRareBreed VenturesSwitch Ventures+4 more

Cake Venturescake.vcJan 2023 · $17M

Cake Ventures is a seed and pre-seed venture firm investing in companies built around demographic change.

Co-investorsAtento CapitalFoundryBank of AmericaCendana CapitalPivotal VenturesScreendoor

Clearcoclear.coin𝕏No public record

Clearco provides funding to e-commerce businesses based on their sales data and revenue performance.

Direct to ConsumerE-commerceFintech

Michele Romanow(Founder)inTanay Delima(Founder)inIvan Gritsiniak(Founder)in

Co-investorsBetter Tomorrow VenturesBow CapitalClearcoEmergence Capital PartnersFounders Circle CapitalFrontline Ventures+14 more

Coco Walletcocowallet.appin𝕏

Coco Wallet is a mobile app that enables users to hold, send, and receive funds in dollars and cryptocurrency across Latin America, the United States, and Europe, with support for multiple local payment methods and no traditional banking requirements.

Crypto & Web3FintechNew York City, US

Kevin Charles(Founder)inVictor Charles(Co-Founder)inFrancisco jose Martin toro(Founder)in

Co-investorsINCA VENTURESY Combinator

Codeseecodesee.ioSeed · Jan 2022 · $7M

Joshua Leven(Founder)in

Co-investorsM12 (Microsoft's Venture Fund)Zenda

Cuencacuenca.com𝕏

Cuenca is a digital financial services platform that offers mobile-based accounts for sending and receiving payments via SPEI transfers in Mexico.

FintechMexico City, MX

Co-investorsAndreessen HorowitzBase Venture Management, Inc.Stripe

Epic Gamesepicgames.com

American video game company behind Unreal Engine, Fortnite and the Epic Games Store, headquartered in Cary, North Carolina.

Cary, US

Tim Sweeney(Founder & CEO)

Co-investors1435 CapitalAAF Management Ltd.Advaita Capitalalphabet angelsAltra VentureBitkraft Esports Ventures+38 more

Humanehumane.comSep 2021 · $100Macquired by HP · Feb 2025

Humane was a consumer hardware startup founded by former Apple executives that developed the Ai Pin, a screenless wearable AI device.

AI & Machine LearningEnterprise SoftwareHardware

Imran Chaudhri(Founder)in

Co-investorsKindred VenturesNext VenturesValia VenturesBONDForerunner VenturesLachy Groom+9 more

iSono Healthisonohealth.comin𝕏Seed · Aug 2019 · $4M

iSono Health develops an automated ultrasound system combined with artificial intelligence for breast imaging at the point of care, enabling standardized and accessible imaging across different healthcare settings.

AI & Machine LearningDigital HealthFemTechHealthtechMedical DevicesSan Francisco, US

Shadi Saberi(co-founder & cto)inNeda Razavi(CEO & Chairwoman)in

BoardMichael Jin(Director)in

Co-investorsDraper AssociatesFoothill VenturesTransform Capital ManagementY Combinator

Nowportsnowports.comin𝕏

Nowports is a digital freight forwarder that simplifies international trade in Latin America by offering air, sea, land, and multimodal cargo transportation alongside financing, insurance, and centralized logistics management through a single platform.

B2B MarketplacesEnterprise SoftwareFintechLogistics & Supply ChainMexico City, MX

Alfonso de los Rios Villareal(Founder/CEO)inMaximiliano Casal(Founder)inAlfonso de los Rios(Cofounder)inAlfonso De los Rios(Founder)in

Co-investorsMONASHEESMouro CapitalSoftbank Latin America FundSquareOne CapitalY CombinatorBase10 Partners+5 more

PlayVSplayvs.comin𝕏Series B · Nov 2018 · $31M

PlayVS operates scholastic and collegiate esports leagues and a gaming curriculum platform across North America, serving middle school, high school, and college students along with coaches, educators, and parents.

EdTechGamingSports Tech

Delane Parnell(Founder)inJon Chapman(CEO)in

Co-investors359 CapitalAurumBattery VenturesCoatue ManagementCrosscut VenturesMaC Venture Capital+9 more

Red Bay Coffeeredbaycoffee.comin

Red Bay Coffee sources coffee through direct trade relationships with farmers, aiming to improve growing standards and pay farmers fairly while removing intermediary markups.

ConsumerDirect to ConsumerE-commerceOakland, US

Keba Konte(Executive Officer, Director)inRolando Brown(Director)

BoardJoseph McCoy(Director)inSuzy Jones(Director)David Drummond(Director)Booker Whitt(Director)

Co-investorsBronze InvestmentsCleveland Avenue

Replicatedreplicated.comin𝕏

Replicated provides a container-based platform for software vendors to deploy cloud-native applications in customer environments.

Cloud ComputingDeveloper ToolsEnterprise Software

Co-investorsAmplify Partnersboldstart venturesFounder CollectiveHeavybitMucker CapitalPreston-Werner Ventures+5 more

Styleseatstyleseat.com

StyleSeat operates a US online marketplace for independent beauty and grooming professionals.

Consumer

Melody McCloskeyin

Co-investors500 GlobalBase Venture Management, Inc.Cleo CapitalCowboy VenturesEvolution VC PartnersFlucas Ventures+9 more

Syncterasynctera.comin𝕏

Synctera offers a banking-as-a-service platform with a single set of APIs covering core banking, card processing, money movement, and end-user onboarding, so companies can build fintech and embedded finance products.

Developer ToolsEnterprise SoftwareFintechSaaSPalo Alto, US

Peter Hazlehurst(Executive Officer, Director)in

BoardLogan Allin(Director)inFrederic Latreille(Director)inWilliam Kohler(Director)Ansaf Kareem(Director)inYvette Butler(Director)

Co-investorsDiagramEvolution VenturesFin CapitalFlucas VenturesLightspeed Venture PartnersNAventures+11 more

Threeflowthreeflow.comin𝕏

ThreeFlow Insights provides real-time, in-app market intelligence for benefits brokers and insurance carriers, offering data such as response rates, new business premium by carrier, and close ratios to support revenue planning and partner decisions.

AI & Machine LearningData & InfrastructureEnterprise SoftwareInsurTechSaaS

Ryan Sachtjen(CEO, cofounder)inRichard Perrott(COO, cofounder)inShaheeb Roshan(CTO, cofounder)inJose Estrada(Chief Financial Officer)in

Co-investorsAccelEmergence Capital PartnersEqual VenturesFirst Trust Capital Partners9Yards Capital

Wonderschoolwonderschool.comin𝕏

Wonderschool provides a platform for early childhood educators to launch and operate in-home care businesses while connecting families to local quality childcare services.

B2B MarketplacesEdTechImpact & Social Good

Arrel GrayinChris BennettinJay Kimin

Co-investors500 GlobalAbstract VenturesAndreessen HorowitzBrighter CapitalFundersClubLong Journey Ventures+12 more

Wrapbookwrapbook.comin𝕏

Wrapbook provides production payroll and accounting software for film, television, and commercial production teams.

Enterprise SoftwareSaaS

Cameron Woodward(Founder)inAli Javid(Founder)in

Co-investorsA*Andreessen HorowitzBessemer Venture PartnersChemistryEqual VenturesField Ventures+5 more

Zippingetzippin.comin𝕏

Zippin provides checkout-free (cashierless) retail technology using AI, machine learning, and sensor fusion, letting shoppers grab items and leave without a checkout line.

AI & Machine LearningRetail TechSports Tech

Krishna Motukuri(CEO)in

Co-investorsCore Ventures GroupExpansion Venture CapitalGaia VenturesMaven VenturesMontage CapitalGuild Capital+2 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ChefHeroCloverGatherMaMayvemmNearbyNotchReal BlocksReno RunRuna

Exits · 2

1 IPOs · 1 acquisitions

RedditNYSE: RDDTHumaneacq. by HP

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Plexo Capital made?
Plexo Capital has 36 tracked investments, 2 of which have exited.
What stage does Plexo Capital invest at?
Plexo Capital invests at the Pre-Seed, 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, Sector Agnostic.
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

IPO market will still be highly selective after SpaceX IPO, says Plexo Capital's Lo Toney

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

Images

Plexo Capital photo

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