How many investments has S28 Capital made?

S28 Capital has 16 tracked investments, 4 of which have exited, including 1 dated in the last 24 months.

What stage does S28 Capital invest at?

S28 Capital invests at the Pre-Seed, Seed, Series A, Series B, Growth, Late Stage stages.

What is S28 Capital's typical check size?

S28 Capital typically writes checks of $1M – $5M.

What sectors does S28 Capital focus on?

S28 Capital focuses on Consumer, Enterprise Software, Sector Agnostic.

Where is S28 Capital located?

S28 Capital is headquartered in San Francisco, US.

Does S28 Capital lead rounds?

Yes, S28 Capital leads investment rounds.

S28 Capital

Venture capital

San Francisco · Pre-Seed–Late Stage · 5 people tracked

Also known as 28 Capital · S28 CAPITAL LLC

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into S28 Capital

2,417 people in our graph share verified history with the S28 Capital team — schools, employers, funds. One of them is your warm intro.

Alex Tranunlockedknows Justin Wong · together at Morgan Stanley (overlapped)

×6knows the team · via Morgan Stanley

×3knows the team · via Barclays

knows the team · via Stanford University Graduate School of Business

knows the team · via Indian Institute of Technology, Kanpur

✨ Fox Verdict

Investment thesis

S28 Capital is built by people who have been entrepreneurs and operators themselves, positioning the firm as the kind of partner they wished they had while building their own companies. The team emphasizes hands-on support for founders through every stage, acknowledging that founders do the hard work while the firm provides help wherever possible. Drawing on experience hiring thousands of employees, raising over $200M in venture capital, generating more than $2B in enterprise value, scaling internationally, and building both consumer and enterprise startups, the firm brings an operator's perspective and a diverse, immigrant background to backing today's entrepreneurs.

Invests inConsumer Enterprise SoftwareSector AgnosticGlobal San Francisco United States

Source: firm website, verified Sep 15, 2026.

Stage

Pre-Seed–Late Stage

Check

$1M – $5M

San Francisco, California, US

Leads rounds

Leads

Instruments

Equity

Founded

2015

Last 12 months

1 investment

AUM

$200M

VC funds

Tracked investments

Team · 5 people

from the firm's website & curated & public directories

Kent Ho· Founder & General Partner· Hong Kongin

Kent is founder and general partner at S28 Capital, with nearly a decade of venture investing experience. He previously founded Harbor Pacific Capital in 2009 and has invested in over 70 companies including Zoom, Coupang, Evernote, and Palantir. He was an Executive Director at Sing Tao News Corporation and holds an MBA from Stanford and a BA in Economics from Duke.

k•••@s28capital.comreveal

Shvet Jain· General Partner· United Statesin

Shvet is a serial entrepreneur who has spent the past decade building companies in Silicon Valley, having cofounded Panther, RudderStack, and Kiwi and been early at Aurora Solar and Playdom. He serves on the boards of Aurora Solar, Teleport, Panther, RudderStack, Mattermost, and Acquire, and holds an MBA from Stanford GSB and computer science degrees from the University of Toronto and IIT Kanpur.

s•••@s28capital.comreveal

Justin Wong· Operating Partner· Hong Kong, Hong Kong SARin

Justin Wong is a business development executive who previously served as Executive Director of Lei Garden Restaurant Group, a Michelin-starred food company operating across 10 cities in Asia, where he oversaw business development, leasing, and marketing and managed a food processing center, organic farm, and cold chain logistics facility in China. Earlier he led Asia business development for smart grid company Silver Spring Networks and spent seven years at Morgan Stanley across its Shanghai, Hong Kong, and New York offices. He holds a bachelor's degree from Duke University and an MBA from Stanford GSB, and at the firm he focuses on business development, global operations, investor relations, and special projects.

j•••@s28capital.comreveal

Victor Pang· Operating Partner· San Francisco Bay Areain

Victor Pang co-founded Nutralink, a health startup aimed at modernizing clinical settings, and helped scale Epinomics (acquired by 10xGenomics), which commercialized epigenomics research from Stanford. He also led Western Canada expansion at Dealfind (acquired by nCrowd) and was previously a sponsored Counter-Strike eSports player. At S28 Capital he manages daily operations, focusing on building early-stage portfolio teams and sourcing founders.

v•••@s28capital.comreveal

Audrey Warner· United Statesin

Audrey Warner is a Kauffman Fellow, a member of Class 31 of the two-year venture capital leadership program run by Kauffman Fellows. The program's member directory lists them at 28 Capital in United States.

Founder mafia

2 people who came through S28 Capital went on to found or lead other companies.

Shvet JainGeneral PartnerFounded Panther +1 Cristobal PiñeraSummer associateFounded Hopin

What they invest in

from 14 of 16 portfolio companies

Developer Tools ×10Enterprise Software ×10SaaS ×7AI & Machine Learning ×4Cloud Computing ×3Cybersecurity ×3Data & Infrastructure ×3Future of Work ×2

HQs:United States×10Canada×1United Kingdom×1

Investments · 16 tracked

founders shown can be your intro path

By year:2026 · 1 2023 · 1 2022 · 5 2021 · 2 2019 · 1 2017 · 111 dated

PagerDutypagerduty.com in 𝕏NYSE: PDApr 2017SEC filingmedium confidence

PagerDuty provides a platform for incident response and operations management that enables teams across technical and business functions to respond to critical events in real time.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Alex Solomon(Founder/CTO)inDan Alexandru Solomon(Director)Jennifer Tejada(Executive Chair)in Steven Gatoff(Executive Officer)in John DiLullo(Chief Executive Officer)in

BoardJohn O'Farrell(Director)

Board seat Andrew Miklas· per SEC Form D · $90M raise · filed Sep 2018

Co-investorsAccel Andreessen Horowitz Aurum Baseline Ventures Bessemer Venture Partners Bling Capital +14 more

Edeneden.io in 𝕏✓ verified

Eden builds an all-in-one workplace experience platform that helps companies manage hybrid offices, HR operations, and employee experiences through integrated tools for visitor management, room booking, desk allocation, and ticketing.

Future of WorkHR TechSaaSSan Francisco, US

Joe Du Bey(Co-founder & CEO)in Kyle Wilkinson(Co-founder)in

Co-investorsBessemer Venture Partners Y Combinator Comcast Ventures James Beshara Fund Sierra Ventures

Lightuplightup.ai in 𝕏✓ verified

Lightup provides enterprise data observability software that monitors and validates production data pipelines using AI-powered anomaly detection.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsAndreessen Horowitz Vela Partners Incubate Fund Shasta Ventures Incubate US GTMfund

Clerkclerk.com in 𝕏Dec 2022 · $15M

Clerk provides user management and authentication infrastructure for developers, enabling quick integration of complete user management systems into applications.

CybersecurityDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Braden Sidoti(Executive Officer, Director)inColin Sidoti(Executive Officer, Director)in

BoardShvetank Jain(Director)Karan Mehandru(Director)in

Co-investorsAndreessen Horowitz CRV (Charles River Ventures)Madrona Venture Group Mango Capital Menlo Ventures Preston-Werner Ventures +4 more

CodeStreamcodestream.com in 𝕏acquired by New Relic

CodeStream built a developer collaboration tool that brought code discussion, review, and issue tracking directly into the IDE, integrating with editors like VS Code and JetBrains.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSNew York City, US

Claudio Pinkus(Founder)in

Co-investorsBrightstone Venture Capital PJC Y Combinator

Freedom Roboticsfreedomrobotics.aiApr 2019

Platform for controlling and managing robotic systems

San Francisco, US

Joshua Wilson(Executive Officer, Director)Dimitri Onistsuk(Executive Officer)Hans Lee(Executive Officer)

Co-investorsGreen Cow Venture Capital Initialized Capital Liquid Ventures

Great Questiongreatquestion.co in 𝕏Jul 2026

Great Question is a UX research platform that combines participant recruitment, study management, mixed-method research capabilities, and AI-powered analysis in a single system.

Developer ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Ned Dwyer(Founder / CEO)in PJ Murray(Founder)in

Co-investorsFundersClub Immeasurable Inovia Capital NOMO Ventures Y Combinator Amplify.LA +16 more

OpsLevelopslevel.com in 𝕏Mar 2022 · $15M

OpsLevel provides an internal developer portal with out-of-the-box integrations and automation, plus customization options for engineering teams.

Developer ToolsEnterprise SoftwareSaaSToronto, CA

Kenneth Rose(Founder)in

Co-investorsThreshold Ventures Webb Investment Network Pear VC Vertex Ventures

Pantherpanther.coDec 2021 · $120MAcquired

Panther is a cloud-native SIEM and AI SOC platform using detection-as-code and AI agents; Databricks agreed to acquire it in 2026.

Jack Naglieri(Founder)in

Co-investorsVibe Capital Coatue Management ICONIQ Growth Innovation Endeavors Lightspeed Venture Partners Snowflake Ventures

PatientBankpatientbank.us inDefunct

PatientBank provides a platform for patients to collect and distribute their medical records from multiple healthcare providers in one place.

HealthtechNew York City, US

Feridun Mert Celebi(Founder/CTO)in

Co-investorsY Combinator General Catalyst Khosla Ventures SV Angel

Rudderstackrudderstack.com in 𝕏Feb 2022 · $56M

RudderStack provides real-time event data transformation, letting engineering and data teams modify, clean, enrich, and govern event data in flight using JavaScript or Python before it reaches downstream tools.

AI & Machine LearningData & InfrastructureDeveloper ToolsMarketing Tech

Co-investorsInsight Partners Kleiner Perkins 468 Capital

Slapdashslapdash.com 𝕏Mar 2021 · $3.7MAcquired

Slapdash builds a command bar interface that aggregates cloud applications and provides low-latency file-system access to accelerate workflows for knowledge workers.

Developer ToolsEnterprise SoftwareFuture of WorkSan Francisco, US

Ivan Kanevski(Founder/CEO)inDmitry Koterov(Founder)in

Co-investorsY Combinator Quiet Capital Twenty Two Ventures UP2398

Teleportgoteleport.com in 𝕏May 2022 · $110M

Teleport is an infrastructure identity platform that modernizes identity, access, and policy for computing environments.

CybersecurityData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Ev Kontsevoy(Co-founder and CEO)in Alexander Klizhentas(Co-founder and CTO)Taylor Wakefield(Co-founder and COO)in

Co-investors137 Ventures Bessemer Venture Partners Chemistry Kleiner Perkins Y Combinator Zillionize +2 more

Teleportteleport.media in 𝕏May 2022 · $110M

Teleport Media provides a peer-to-peer content delivery network for OTT video streaming platforms, enabling them to scale video delivery to unlimited concurrent viewers while reducing costs and protecting against piracy.

Cloud ComputingMedia & Entertainment

Andrei Klimenko(Founder)in

Co-investorsBlockchain Valley Ventures, Llc Bessemer Venture Partners Insight Partners Kleiner Perkins

Tenzogotenzo.com in 𝕏May 2023 · $5M

Tenzo provides data analytics and business intelligence software for restaurant operators to monitor performance and optimize operations.

Cloud ComputingDeveloper ToolsEnterprise SoftwareFoodTechRetail TechSaaSLondon, GB

Christian Mouysset(Co-founder & CEO)Adam Taylor(Co-founder & CTO)in

Co-investorsTechstars Amadeus Capital Partners

Termiustermius.com in 𝕏

Termius builds a modern SSH client and terminal application for engineers, replacing legacy tools with improved productivity and collaboration features.

CybersecurityDeveloper ToolsEnterprise SoftwareUnited States, US

Roman Kudiyarov(Founder/CEO of Termius)inDmitry Lyfar(Founder)in

Co-investorsY Combinator Initialized Capital

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 4

1 IPOs · 3 acquisitions · showing 2

PagerDutyNYSE: PDCodeStreamacq. by New Relic

Portfolio news

latest coverage across their companies

PagerDuty - Wikipedia

PagerDuty · en.wikipedia.org · Sep 8, 2026

DuPage County Board increases clerk funding as early voting looms | NCTV17

Clerk · nctv17.org · Sep 4, 2026

Panther National Secures Massive $165M Loan Boost – Engineers and Architects of America

Panther · e-a-a.com · Aug 26, 2026

Great Question: Funding, Team & Investors | Startup Intros

Great Question · startupintros.com · Jul 13, 2026

Teleport, Inc: Funding, Team & Investors | Startup Intros

Teleport · startupintros.com · Jul 13, 2026

OpsLevel | Internal Developer Platform

OpsLevel · internaldeveloperplatform.org · May 7, 2026

Tenzo Secures $5m Series A Extension to Scale Real-time Data and AI for Hospitality Operators

Tenzo · ffnews.com · Apr 27, 2026

Termius: A modern SSH Client - by Karl William

Termius · opensourceisfun.substack.com · Feb 16, 2026

Frequently asked questions

How many investments has S28 Capital made?: S28 Capital has 16 tracked investments, 4 of which have exited, including 1 dated in the last 24 months.
What stage does S28 Capital invest at?: S28 Capital invests at the Pre-Seed, Seed, Series A, Series B, Growth, Late Stage stages.
What is S28 Capital's typical check size?: S28 Capital typically writes checks of $1M – $5M.
What sectors does S28 Capital focus on?: S28 Capital focuses on Consumer, Enterprise Software, Sector Agnostic.
Where is S28 Capital located?: S28 Capital is headquartered in San Francisco, US.
Does S28 Capital lead rounds?: Yes, S28 Capital leads investment rounds.

Images

Co-investors · 52

Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 4

PagerDuty Clerk Great Question Lightup

$500K – $50M

Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

Both backed · 2

Rudderstack Teleport

$120M – $350M

Webb Investment Network

Webb Investment Network (WIN) is an early-stage investment firm that partners with founders to help them build technology companies, backed by a community of experienced operators who advise portfolio founders.

Both backed · 2

PagerDuty OpsLevel

$500K – $750K

Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

Both backed · 1

Panther

$1.7M – $87M

Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

Both backed · 1

PagerDuty

$1.6M – $70M

B Capital Group

B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.

Both backed · 1

Great Question

$10M – $50M

Eniac Ventures

Eniac Ventures partners with early-stage founders, backing companies from 0 to 1.

Both backed · 1

Great Question

$1.2M

FundersClub

FundersClub is an online venture capital firm and startup investing platform that gives accredited investors access to vetted early-stage startups from Silicon Valley and beyond.

Both backed · 1

Great Question

$250K – $5M

Greycroft

Greycroft is a venture capital firm that partners with founders across multiple industries and geographies, investing in software, sustainability, and consumer brands.

Both backed · 1

Great Question

$100K – $5M

Madrona Venture Group

Madrona Venture Group is a Seattle-founded venture firm that partners with founders across early and acceleration stages, providing capital plus hands-on support in recruiting, strategy, business development, and fundraising.

Both backed · 1

Clerk

$2M – $10M

Threshold Ventures

Threshold Ventures is a venture capital firm that partners with founder-led companies at inflection points of breakout growth, engaging early and providing hands-on advice during moments of market transformation.

Both backed · 1

OpsLevel

$500K – $20M

468 Capital

468 Capital is a technology investment firm with offices in Berlin and San Francisco that invests across multiple stages in software, AI, and internet companies. The firm focuses on thesis-driven investments in businesses with experienced founding teams.

Both backed · 1

Rudderstack

▶40 more co-investors

Baseline Ventures AV8 Ventures Runa Capital Fathom Capital Sequoia Capital Founders Fund Redpoint Ventures Long Journey Ventures Founder Collective Uncork Capital Benchmark First Round Capital Canaan Partners Gradient Ventures Goat Capital Partech Ventures Pioneer C2 Investments Lookout Ventures Stellar Capital SoftBank Vision Fund Soma Capital Buckley Ventures Management Company Llc Kortschak Investments L.P.500 Global Uncorrelated Ventures Ballistic Ventures Allison Pickens Ventures Z47 Plaid Correlation Ventures Forum Ventures WndrCo Sprout Social, Inc.REMUS Capital NYU Innovation Venture Fund Aleph MKT1 Capital Saas Ventures, L.L.C.BrightCap Investment Advisor AD

Firms observed investing alongside S28 Capital, from public investor directories. Shared companies are the overlap with S28 Capital's recorded portfolio.

Similar investors

August Capital

August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.

$1M – $15M

General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M

Spark Capital

Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.

$500K – $25M

Gaingels

Gaingels is a large venture investor that co-invests alongside lead VCs in companies committed to building diverse and inclusive teams, while advocating for LGBTQ+ representation and equity of access in venture capital.

$200K – $500K

Notable Capital

Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.

$5M – $50M