Fundraising Fox

Structural Capital

Venture debt

Menlo Park · Seed–Late Stage · 14 people tracked

Also known as STRUCTURAL CAPITAL MANAGEMENT COMPANY II, LP

Fox Verdict
Sign up to see your fit

Investment thesis

Structural Capital offers strategic growth credit and venture debt solutions, providing non-dilutive capital to technology and technology-enabled companies. Rather than underwriting based on a company's investors or anticipated equity rounds, the firm evaluates the companies and management teams themselves, aiming to build long-term financing partnerships. It supports businesses across their entire lifecycle, from seed-stage startups to publicly traded companies, addressing needs such as scale, profitability, runway, working capital, and acquisitions. The firm takes a hands-on, value-added approach, making introductions to equity investors, potential hires, customers, and acquisition targets, and can move quickly to deploy capital within 30 to 60 days.

Source: firm website, verified Aug 11, 2026.

Stage
Seed–Late Stage
Check
$10M – $50M
HQ
Menlo Park, California, US
Instruments
Debt
Founded
2014
Last 12 months
1 investment
AUM
$495.8M
Tracked investments
47

Team · 14 people

from the firm's website & public directories
Howard Lee· Venture Partnerin
Kevin Toth· Director of Fund Accounting

What they invest in

from 29 of 47 portfolio companies

Enterprise Software ×8SaaS ×8AI & Machine Learning ×7Consumer ×4Data & Infrastructure ×4EdTech ×3Fintech ×3Hardware ×3

HQs:United States×16India×1

Investments · 47 tracked

founders shown can be your intro path

By year:2026 · 12023 · 12018 · 12015 · 14 dated

Asure Softwareasuresoftware.comin𝕏NASDAQ: ASUR

Enterprise SoftwareHR TechSaaSAustin, US

Patrick Goepel(Executive Officer, Director)John Pence(Executive Officer)Eyal Goldstein(Executive Officer)

BoardBradford Oberwager(Director)Grace Lee(Director)Daniel Gill(Director)

Beyond Meatbeyondmeat.comin𝕏NASDAQ: BYND

Beyond Meat creates plant-based protein products, including burgers and other foods designed to provide nutritional value while supporting environmental sustainability and soil regeneration.

Advanced ManufacturingAgTechClimate TechFoodTechEl Segundo, US

Ethan Brown(Founder & CEO)Teri L. Witteman(Executive Officer)Jonathan Nelson(Executive Officer)Dariush Ajami, Ph.D.(Executive Officer)Drew Lufkin(Executive Officer)John Boken(Executive Officer)

Grove Collaborativegrove.coinNYSE: GROV

Grove is an e-commerce platform that curates and sells household and personal care products vetted against health and environmental standards.

Circular EconomyConsumerDirect to ConsumerSan Francisco, US

Jeff Crowe(Director)Tim Chang(Director)Christopher Clark(Director)Stuart Landesberg(Executive Officer, Director)

BoardMark Sugarman(Director)

SoundHound AIsoundhound.comin𝕏NASDAQ: SOUNJan 2023

SoundHound AI develops a voice AI platform that enables conversational interactions with products, services, and applications across industries.

AI & Machine LearningEnterprise SoftwareSaaSSector AgnosticSanta Clara, US

Keyvan Mohajer(Co-Founder & CEO)Nitesh Sharan(Executive Officer)Timothy Stonehocker(Executive Officer)Majid Emami(Executive Officer)Larry Marcus(Director)James Hom(Executive Officer, Director)

Affinityaffinity.solutionsin

Affinity Solutions provides consumer purchase intelligence and spending analytics to brands, retailers, financial services, and investors.

Data & InfrastructureMarketing Tech

Afinitiafiniti.comin

Afiniti is an AI-native platform that optimizes contact center operations through outcome orchestration, using machine learning to improve customer-agent matching, automate interactions, manage routing logic, and provide analytics.

AI & Machine LearningEnterprise SoftwareSaaS

Aspireaspire.ioin

Content creation platform connecting brands, influencers, and communities for marketing channel distribution

Axiaseedsaxiaseeds.comin

Axia develops and breeds tomato seeds using advanced techniques, with a focus on superior quality for greenhouse production worldwide.

AgTech

Alois van Vliet

Bdgbdg.com

BDG is a media and content company that produces premium digital and print publications including Bustle, NYLON, Scary Mommy, and W Magazine.

Creator EconomyMedia & Entertainment

Beautycounterbeautycounter.com
Billgobillgo.comin𝕏

BillGO operates an open biller network that processes both consumer and business-to-business bill payments, with a focus on micro-to-small businesses and suppliers that rely on checks.

FintechSaaSFort Collins, US

Peter J. Kight(Director)Kenneth Wayne Allen(Director)Larry Mazza(Director)Daniel W. Holt(Executive Officer, Director)Scott M. Miller(Executive Officer, Director)Stephen R. Biddle(Director)

Black Duckin𝕏

Synopsys provides design automation tools and intellectual property for semiconductor and electronics companies to develop smart, connected devices.

Developer ToolsEnterprise SoftwareSemiconductors

Doug Levin(Founder)

BYJU'Sbyjus.com

BYJU'S offers online learning programs, video lessons, and a personalized learning app for students in India, including tutoring and exam-preparation programs for competitive tests such as JEE and NEET.

ConsumerEdTech

Carrogetcarro.comin
Classclass.comin𝕏Dec 2018

Class is a virtual classroom platform built on Microsoft Teams that adds interactive teaching and learning tools to enhance live synchronous instruction.

EdTechFuture of WorkSaaSNew York, US

Taryn Toomey(Executive Officer, Director)

Coco Deliverycocodelivery.comin𝕏

Coco Delivery manufactures autonomous delivery vehicles designed for urban deliveries.

CleantechLogistics & Supply ChainRoboticsLos Angeles, US

Completesolariacompletesolaria.comin𝕏

Complete Solaria provides residential solar panel installation systems for homeowners seeking to reduce electricity costs and carbon emissions.

CleantechClimate TechEnergy

Deep Instinctdeepinstinct.comin𝕏

Deep Instinct develops a data security platform powered by deep learning that detects and blocks zero-day attacks across cloud, applications, NAS, and endpoints in real time.

AI & Machine LearningCybersecurityEnterprise Software

Guy Caspi(Co-founder)Nadav Maman(Co-founder)Dr. Eli David(Co-founder)Lane Bess(CEO)

Derive Systemsderivesystems.com
DICE Event Ticketingdice.fmin

DICE is a ticketing platform that enables fans to discover and book live events including concerts, festivals, comedy shows, and club nights.

ConsumerCreator EconomyMarketplacesMedia & Entertainment

Ephesoftephesoft.com
Epicgetepic.comOct 2015

Epic! is a digital library platform that provides access to books and reading materials for educational institutions and individual readers.

Digital HealthEdTechMinot, US

Todd Berning(Executive Officer)

Gffoodsgffoods.com
Healthfleethealthfleet.comin𝕏

HealthFleet provides employee health and wellness programs that combine personalized one-on-one health coaching with digital content and peer communities to address chronic health conditions.

Enterprise SoftwareHealthtechWellness & Fitness

House Canaryhousecanary.comin

HouseCanary provides single-family residential real estate investors with property valuation, rental forecasting, and market analytics tools, including an automated valuation model, a 50-state property search platform, portfolio monitoring, and brokerage services covering 136M+ properties across 200 MSAs in the US.

AI & Machine LearningData & InfrastructureFintechPropTechSan Francisco, US

Christopher Stroud(Director)Jeremy Sicklick(Executive Officer, Director)Egon Durban(Director)

BoardMark Dyne(Director)

HydroPointhydropoint.comin𝕏
Inmobiinmobi.com

InMobi is a GenAI-powered platform that connects brands and consumers for discovery and transactions at scale across mobile and digital channels.

AdTechAI & Machine Learning

Instartakamai.com
Intelityintelity.comin𝕏
Interosinteros.aiin𝕏

Interos.ai provides supply chain risk management software that monitors financial, compliance, environmental, cybersecurity, and geopolitical risks across supplier networks using its i-Score metric.

Data & InfrastructureEnterprise SoftwareLogistics & Supply ChainArlington, US

Jennifer Bisceglie(Director)Ted Krantz(Executive Officer, Director)

BoardFrank Verdecanna(Director)Phil Venables(Director)Nick Beim(Director)David DeWalt(Director)

Knightscopeknightscope.comin𝕏

Knightscope develops autonomous security robots and related technology for physical security and public safety applications.

AI & Machine LearningDefense TechHardwareRoboticsMountain View, US

Stacy Dean Stephens(Executive Officer)William Santana Li(Chairman & Chief Executive Officer)

Littleorbitlittleorbit.com
Loblob.comin𝕏Jan 2026

Lob provides software and hardware infrastructure for automating, personalizing, and tracking direct mail campaigns at scale.

Enterprise SoftwareLogistics & Supply ChainMarketing TechSaaSNew York City, US

Eduardo Browne(Executive Officer)Donnell Vanker(Executive Officer)

MANSCAPEDmanscaped.com
Multibeamcorpmultibeamcorp.com

Multibeam develops a multicolumn electron-beam lithography platform for semiconductor manufacturing.

Deep TechHardwareSemiconductorsSunnyvale, US

Nanosysnanosys.comin

Nanosys develops Quantum Dot technology and materials, providing samples, R&D collaboration, and scaled production for partners building display and other advanced-material products.

Advanced ManufacturingDeep TechHardwareNew MaterialsSemiconductorsMilpitas, US

Bruce Berkoff(Director)Greg Yurek(Director)John Young(Director)Regis McKenna(Director)Steven Goldby(Director)Stephen Oesterle, M.D.(Director)

noamnoom.com
Picturegamevice.com
Riverrunfoodsriverrunfoods.com
Salucrosalucro.comin

Salucro develops payment solutions for healthcare revenue cycles, serving healthcare providers, patients, and collection partners with online bill pay and provider payment integrations.

FintechHealthtech

Sovrnsovrn.comin𝕏

Sovrn provides advertising and commerce software for publishers, helping them optimize and diversify their monetization channels.

AdTechData & InfrastructureMarketing TechSaaSBoulder, US

Fred Harman(Director)John Battelle(Director)Timothy Miller(Director)Todd Siegler(Chief Operating Officer and Secretary)Greg Martin(Director)Matt Arkin(Chief Revenue Officer)

StyleSeatstyleseat.com
Togetherlabstogetherlabs.com
Unagiscootersunagiscooters.comin𝕏

Unagi offers electric scooters available through a monthly membership model, providing an alternative to traditional scooter ownership or ride-sharing services in urban mobility.

ConsumerMobility & Transportation

Urgentlygeturgently.com
Viomelifesciencesviomelifesciences.com
ZeroEyeszeroeyes.comin𝕏

ZeroEyes provides AI-powered visual weapon detection software that integrates with existing security cameras to identify firearms in real time.

AI & Machine LearningDefense TechSaaSConshohocken, US

Michael Kim(Director)Sam Alaimo(Chief Revenue Officer)Edward McCullough(Director)Robert Huberty(COO and Treasurer)Michael Lahiff(President and CEO)

Exits · 4

IPOs and acquisitions across the tracked portfolio

Asure SoftwareNASDAQ: ASURBeyond MeatNASDAQ: BYNDGrove CollaborativeNYSE: GROVSoundHound AINASDAQ: SOUN

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Structural Capital invest at?
Structural Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Structural Capital's typical check size?
Structural Capital typically writes checks of $10M – $50M.
What sectors does Structural Capital focus on?
Structural Capital focuses on AgTech, Consumer, Data & Infrastructure, EdTech, Energy, Enterprise Software, Fintech, FoodTech, Healthtech, New Materials, SaaS.
Where is Structural Capital located?
Structural Capital is headquartered in Menlo Park, US.

Images

Structural Capital photoStructural Capital photoStructural Capital photoStructural Capital photoStructural Capital photoStructural Capital photo

Similar investors

Featured in lists