Fundraising Fox

Toba Capital

Venture capital

Pre-Seed–Seed Β· 7 people tracked

✨ Fox Verdict
Sign up to see your fit

Investment thesis

Toba Capital invests in early-stage technology companies with strong team potential and the capacity to achieve sustained growth while creating meaningful positive change in their respective markets.

Invests inSector Agnostic

Source: firm website, verified Jul 21, 2026.

Stage
Pre-Seed–Seed
Founded
2012
Tracked investments
160

Team Β· 7 people

from the firm's website
Vinny SmithΒ· Founder & Limited Partner

Founder of Toba Capital and formerly Chairman and CEO of Quest Software. Serves as Toba Capital's sole limited partner.

Brinkley MorseΒ· Partner & Co-Founder

Co-founder of Toba Capital and former executive at Quest Software and BMC Software. Currently serves on the board of Tebra.

Rajan AggarwalΒ· Partner

Joined Toba in 2016 and holds board positions at several portfolio companies. Previously worked in corporate development roles at Quest Software and Dell.

Wilder RamseyΒ· Partner & Co-Founder

Co-founder of Toba Capital leading early-stage investing efforts. Holds board director roles at multiple portfolio companies and is a managing partner at Gron Ventures.

Blake OswaltΒ· Director of Finance

Joined Toba in 2020 managing portfolio administration, accounting, treasury, and financial analysis. Also holds board roles at Brella and Scotch Inc.

Catalina PetrescuΒ· Accounts Payable

Manages accounts payable, payroll, and cash management across Toba's business entities. Previously held payroll and operations positions at technology companies in Germany and the USA.

Dani TurnerΒ· Tax Manager

Joined Toba in 2025 from Deloitte where she developed tax expertise. Responsible for tax planning, compliance, and reporting across the investment portfolio.

What they invest in

from 54 of 160 portfolio companies

Enterprise Software Γ—29AI & Machine Learning Γ—22SaaS Γ—20Fintech Γ—11Cloud Computing Γ—8Developer Tools Γ—8Cybersecurity Γ—7Consumer Γ—6

HQs:United StatesΓ—19United KingdomΓ—1IndonesiaΓ—1IndiaΓ—1

Investments Β· showing 60 of 160

founders shown can be your intro path
Acq by Carbon Directcarbon-direct.comin𝕏

Carbon Direct provides science-backed advisory services and a software platform for integrated carbon management, helping enterprises measure carbon footprints, develop reduction strategies, and access high-quality carbon removal credits across nature-based, hybrid, and engineered solutions.

Climate TechEnterprise SoftwareSaaS

Acq by Contentfulcontentful.comin𝕏

Contentful provides an API-first headless CMS and content management platform that enables web teams to create, manage, and deploy consistent digital experiences across web, mobile apps, and other channels. The platform serves developers and marketing teams with modular content structures, third-party integrations, personalization capabilities, and enterprise governance features.

Cloud ComputingDeveloper ToolsEnterprise SoftwareMarketing TechSaaS

Acq by DataRobotdatarobot.comin

DataRobot develops an AI and machine learning platform that automates model development and deployment for enterprises. The platform serves organizations across industries including financial services, healthcare, defense, and retail.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareBoston, US

Acq by Dattoinfocyte.com
Acq by Epicorgrow.com

Grow is a no-code business intelligence platform that enables organizations to connect, visualize, and analyze data from 100+ sources without SQL expertise. The platform serves business teams seeking to democratize data access and automate analytics across their organization.

Data & InfrastructureEnterprise SoftwareSaaS

Acq by EQTwso2.com
Acq by Francisco Partnerssmartbear.comin𝕏

SmartBear provides a platform for software testing, design, and observability that helps development teams ensure application integrity throughout the development lifecycle. The company serves software development teams at scale.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSomerville, US

Jason Cohen

Acq by K1 Capitalsmarsh.com

Smarsh provides AI-powered platform for capturing, archiving, and analyzing regulated communications data to help financial institutions meet compliance requirements and uncover business intelligence. The company serves financial institutions and other regulated enterprises needing to manage communications data across email, chat, voice, video, and other channels.

AI & Machine LearningEnterprise SoftwareFintechLegalTech

Acq by OneSpanprovendb.com
Acq by Pure Storagepurestorage.com

Pure Storage provides cloud storage infrastructure and management solutions that unify data across environments with automated policy-driven control and high availability through its Evergreen architecture. The company serves enterprise organizations seeking efficient, predictable storage with consumption-based pricing and operational reliability.

Cloud ComputingData & InfrastructureEnterprise Software

Acq by Riverwood Capitalsaucelabs.com

Sauce Labs operates a cloud-based continuous testing platform for web and mobile applications, offering automated testing across desktop operating systems, browsers, mobile emulators, simulators, and devices for development teams.

AI & Machine LearningCloud ComputingDeveloper ToolsSaaS

Acq by SmartZipsmartzip.com
Acq by Svericasynoptek.com
Acq by TIBCOtibco.com
Acq by Veradigmscience.io
Acq by WCGthecontractnetwork.comin
Active Identity Governance and Securityclearskye.com

Clear Skye provides identity and access governance software built natively on the ServiceNow platform. The product integrates identity management with business processes to reduce friction and eliminate data redundancy for enterprises.

CybersecurityEnterprise SoftwareSaaS

Active Security & Compliance Managementhyperproof.ioin𝕏

Hyperproof is a governance, risk, and compliance (GRC) platform that automates compliance management and audit workflows for organizations. It serves companies seeking to streamline GRC operations and demonstrate compliance to stakeholders.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Craig Unger(Founder)

Adageneadagene.com

Adagene is a clinical-stage immunotherapy company that uses computational biology and artificial intelligence to discover and design therapeutic antibodies for cancer treatment. The company's platform generates novel antibodies aimed at improving safety and efficacy in precision-guided antibody-drug conjugates and other therapeutic approaches.

AI & Machine LearningBiotech

Airformairform.space
Alchemy43alchemy43.com
Allen Control Systemsallencontrolsystems.com

Allen Control Systems develops autonomous precision weapon systems designed to counter unmanned aerial threats for military and allied forces. The company specializes in counter-drone technologies and autonomous systems for modern warfare applications.

AI & Machine LearningDefense TechRobotics

Mike Wior(CEO)Steve Simoni(President)Luke Allen(CTO)

Alteryx
Anchorchime.com
Andurilanduril.com
Apple acquisition
arrowrobinhood.comin𝕏

Robinhood is a financial trading platform that enables users to manage portfolios across stocks, ETFs, cryptocurrencies, options, futures, and prediction markets. The platform serves retail investors with low barriers to entry, offering portfolio management services and market insights.

Fintech

Balloon
Bedrock Energybedrockenergy.com
Boulevardjoinblvd.comin

Boulevard is a cloud-based appointment scheduling and client management platform for beauty and wellness service businesses including spas, salons, barbershops, and medical spas.

Enterprise SoftwareSaaSWellness & Fitness

Brella view websitehellobrella.com

Brella provides flexible childcare and early education services for infants and young children in Los Angeles. The service emphasizes developmental learning, educator care, and adaptable scheduling for working parents.

ConsumerEdTechLos Angeles, US

byibm.com

IBM is a multinational technology company offering enterprise software, AI, hybrid cloud, automation, and data solutions to support business transformation across various industries.

AI & Machine LearningCloud ComputingEnterprise Software

Candidcandidwholesale.comin𝕏
Carbon Direct acquisition
Check Point Software acquisition
Cloverhealthcloverhealth.comin𝕏

Clover Health is a health insurance provider offering low-cost plans with minimal premiums, copays, and prescription drug costs. The company uses technology called Clover Assistant to help members focus on healthier living.

Digital HealthHealthtechInsurTech

Cockroach Labscockroachlabs.com

CockroachDB is a distributed SQL database designed for enterprise applications that require high availability and global scalability. It serves data-intensive enterprises across industries seeking to eliminate downtime and simplify database operations.

Cloud ComputingData & InfrastructureEnterprise SoftwareNew York, US

Commurecommure.comin𝕏

Commure develops software solutions for healthcare providers and administrators to reduce documentation burden, streamline denial management, and improve staff safety infrastructure. The company works with health systems to simplify healthcare delivery operations.

AI & Machine LearningEnterprise SoftwareHealthtechSaaS

Constellation Software acquisition
Contentful acquisition
Conversicaconversica.com
Corel acquisition
Coupa acquisition
Coupangcoupang.com
Cox Enterprises acquisition
DataRobot acquisition
Datto acquisition
David Energydavidenergy.com

David Energy builds technology to enable electricity grids powered by 100% clean, renewable energy. The company serves residential and business customers seeking to transition away from fossil fuel-dependent electricity systems.

CleantechClimate TechEnergyHardwareNew York, US

David Energy CEO

Frequently asked questions

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

Similar investors

4Di Capital

An early-stage venture capital firm focused on investing in Africa-based entrepreneurs building solutions for regional and global markets.

500 Startups

500 Global's Sustainable Growth practice designs and implements sovereign-aligned strategies that unlock resilient, inclusive, and sustainable economic growth across the Global Majorityβ€”Asia, Africa, Latin America, and the Middle East. The practice bridges public priorities and private capital through ecosystem development, blended finance, and localized innovation programs addressing health, agriculture, gender, climate, and education.

8VC

8VC is a technology investment firm focused on building and investing in ambitious companies across life sciences, healthcare, manufacturing, enterprise, logistics, and defense sectors, with particular emphasis on operational intelligence and data-driven decision-making.

August Capital

August Capital is a venture capital firm headquartered in the San Francisco Bay Area that has invested in early-stage startups across information technology since 1995. The firm manages approximately $2 billion in assets and combines capital deployment with operational support and networking assistance to help entrepreneurs build successful companies.

B Capital Group

B Capital is a venture capital firm managing over $12 billion in assets with a stage-based fund approach. The firm invests across early to late-stage companies in technology, healthcare, and energy & resilience sectors, with 200+ portfolio companies and 9 global offices.

Featured in lists