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Raymond Tonsing

InvestorFounder

General Partner at Caffeinated Capital · Board director at Saronic · Board director at Onebrief · Board director at Better Health

San Francisco, California

Writes $300K – $500K checks · typically $400K

FoundedCaffeinated Capital

Find your path to Raymond

237 people in our graph share verified history with Raymond — schools, employers, funds. One of them is your warm intro.

Pratyus PatnaikunlockedRaymond: together at Appurify, Inc. (Acquired by Google, Inc.) (2012–2014)
×3Raymond: together at Caffeinated Capital
Raymond: together at Parse (Acquired by Facebook, Inc.)
×2Raymond: together at Onebrief

About

Raymond Tonsing is a San Francisco-based investor and entrepreneur who founded Caffeinated Capital, an early-stage technology investment firm whose portfolio spans Affirm, Airtable, Brex, Color, dYdX, Opendoor, Virta, and Wish. He previously served as a partner at Akkadian Ventures, a secondaries fund that provided liquidity to founders, early employees, and angel investors in private, high-growth tech companies, and before that helped build and run Energy Central and Rigzone, two information platforms serving the energy industry. He holds a B.A. from the University of Colorado, Boulder.

Invests in

AI & Machine LearningBiotechClimate TechCloud ComputingConsumerCrypto & Web3Deep TechDefense TechDeveloper ToolsE-commerceEnterprise SoftwareFintechFuture of WorkHardwareHealthtechInsurTechMarketplacesMedical DevicesPropTechRoboticsSaaSSocial

Board director at Saronic

Intro paths

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In turn, Raymond can intro founders to Saronic's investors below.

Saronic's investors · 29

1Flourish CapitalMountain View8VCAustin · $100K – $50M checks · since 2026Advent InternationalBoston · $1.1B checksAlpha PartnersNew York · $3M – $10M checksAndreessen HorowitzMenlo Park · $500K – $50M checks · since 2025AntiSan Juan · $250K – $30M checksBessemer Venture PartnersRedwood City · $5M – $100M checks · since 2026Caffeinated CapitalSan Francisco · $3M – $50M checks · since 2025Capital FactoryAustinCubit CapitalDallas · $500K – $3M checksElad GilSan Francisco · $100K – $10M checks · since 2025Ensemble VCAustinGeneral CatalystSan Francisco · $30M checks · since 2025Geodesic CapitalFoster CityGlade Brook Capital PartnersGreenwichHustle FundSan Carlos · $150K checksID8 InvestmentsNew YorkKleiner PerkinsMenlo Park · $500K – $15M checks · since 2026Lightspeed Venture PartnersMenlo Park · $1.7M – $87M checksNightDragonSan FranciscoPartners ResoluteChicagoPoint72 VenturesNew York · $1M – $75M checksRiverbend CapitalWashingtonSalus VenturesSignalRankSilent VenturesDallas · $1.5M – $3M checksSozo VenturesRedwood CityStaged VenturesSummer CapitalCharleston

Co-founders at Saronic

DMDino Mavrookas
Dino MavrookasCo-Founder and CEO
RLRob Lehman
Rob LehmanCo-Founder and CCO
VAVibhav Altekar
Vibhav AltekarCo-Founder and CTO
DLDoug Lambert
Doug LambertCo-Founder and COO

Board director at OnebriefYC S21

Intro paths

YC

Onebrief went through Y Combinator (Summer 2021) — Raymond sits on its board, so any YC alum in your network can reach them through the company's founders.

GP

Onebrief's group partner at YC was Brad Flora, Backing expeditions into the future — the partner who ran Onebrief's batch and knows the company first-hand. YC profile ↗

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In turn, Raymond can intro founders to Onebrief's investors below.

Onebrief's investors · 18

9Yards CapitalNew York · $100K – $10M checks · since 2025Alchemist AcceleratorSan Francisco · $30K checksAnorak VenturesLos Angeles · $25K – $400K checksBattery VenturesBoston · $500K – $100M checks · since 2026Caffeinated CapitalSan Francisco · $3M – $50M checks · since 2026General CatalystSan Francisco · $30M checks · since 2024Human CapitalSan Francisco · $250K – $200M checks · since 2025Insight PartnersNew York · $120M – $350M checks · since 2026Kyber Knight CapitalSan FranciscoPROOFArlingtonSalesforce VenturesSan Francisco · $5M – $50M checks · since 2026Sapphire VenturesMenlo Park · $5M – $20M checks · since 2026Signia Venture PartnersMenlo Park · $500K – $2M checksSummit Peak InvestmentsFort WorthU.S. Air Forcesince 2019U.S. Navysince 2023Visary CapitalSyossetY CombinatorSan Francisco · $500K checks · since 2021

Co-founders at Onebrief

GDGrant Demaree
Grant DemareeFounder
RPRafa Pereira
Rafa PereiraFounder

Board director at Better Health

Intro paths

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In turn, Raymond can intro founders to Better Health's investors below.

Better Health's investors · 9

Anorak VenturesLos Angeles · $25K – $400K checksat.inc/San FranciscoCaffeinated CapitalSan Francisco · $3M – $50M checks · since 2021Comcast VenturesNew York · $2M – $15M checks · since 2023Formation GroupLos Altos · since 2021General CatalystSan Francisco · $30M checksMastrySan FranciscoMosaic General Partnership, LLCOakland · $1M – $10M checks · since 2024Samsung NextSan Jose · $100K – $5M checks

Co-founders at Better Health

NSNaama Stauber Breckler
Naama Stauber BrecklerFounder

Experience

  1. Caffeinated CapitalFounder & Managing Partnercurrent2009 — present
  2. TwentyInvestor & Board Membercurrent2025 — presentRosslyn, Virginia
  3. Saronic TechnologiesInvestor & Board Membercurrent2023 — presentAustin, Texas, United States
  4. OnebriefInvestor & Board Membercurrent2021 — presentWashington DC-Baltimore Area
  5. Varda Space IndustriesInvestor & Board Observercurrent2020 — presentEl Segundo, California, United States
  6. AirtableInvestor & Board Observercurrent2013 — presentSan Francisco Bay Area
  7. AvenInvestorcurrent2019 — presentSan Francisco Bay Area
  8. PlaygroundInvestorcurrent2019 — presentSan Francisco Bay Area
  9. Clipboard HealthInvestorcurrent2017 — presentSan Francisco Bay Area
  10. Virta HealthInvestorcurrent2015 — presentSan Francisco Bay Area
  11. Boom SupersonicInvestorcurrent2017 — presentDenver Metropolitan Area
  12. Opendoor.comInvestor2014 — 2023San Francisco Bay Area
  13. WePay (Acquired by JPMorgan Chase)Investor2009 — 2017San Francisco Bay Area
  14. Appurify, Inc. (Acquired by Google, Inc.)Investor, Advisor & Board Observer2012 — 2014San Francisco Bay Area
  15. Akkadian VenturesPartner2010 — 2013San Francisco Bay Area
  16. Parse (Acquired by Facebook, Inc.)Investor2011 — 2013San Francisco Bay Area

Skills & more

Venture Capital60Start-ups36Entrepreneurship20Investments34Corporate Development3Business Development10Portfolio Management11Mergers & Acquisitions3Private Equity25Equities7Secondaries2Management5
+5 moreDue DiligenceValuationReal EstateReal Estate DevelopmentStrategic Partnerships

Languages English

From Raymond's professional profile.

Investments

Investor

8FlowAffirmAgentsyncAirtableAppurifyAuditFileBackTypeBasisBetableBetter HealthBlowfishBoom SupersonicBrexBRMCarWooCloudTrucksColorContextLogicDapper LabsDekkoDivvy HomesDockerDotClouddYdXElasticboxEmpora TitleExecFarcasterFoodzieFriendFrontFutureAdvisorGumroadHadrianHipmunkIFTTTKiwiCoKoalityLeoLIFXMatiaMicroAlchemyMightyMino GamesNeptune.ioNuvocargoNuzzelOpendoorOpendoor TechnologiesOptimizelyOpziOwnitParsePathpointPerceptual NetworksPlayCoPlutoPolyworkPushbulletQwikiRainbowReadyRevOpsSaphoSaronicSingleStoreSmash.ggSpindle AISpoolSpring DiscoveryTachyusTrueMLTwenty TechnologiesUnbabelVardaVarda SpaceVirtaVoiceaVurbWePay

Per curated public sources.

Colleagues at Caffeinated Capital

Avichal Garg
General Partner at Caffeinated Capital
Matthew Volosin
Partner & COO at Caffeinated Capital
Nick Marwell
Caffeinated Scout Fund Manager; Head of Computer Use at Anthropic at Caffeinated Capital
Tonsing Raymond
General Partner at Caffeinated Capital
Varun Gupta
Partner at Caffeinated Capital

Network1

Gideon Hayden
Co-Founder and Managing Partner at Leaders Fund

Investors connected to Raymond in public investor directories — a warm-intro map.

Frequently asked questions

Who is Raymond Tonsing?
Raymond Tonsing is a San Francisco-based investor and entrepreneur who founded Caffeinated Capital, an early-stage technology investment firm whose portfolio spans Affirm, Airtable, Brex, Color, dYdX, Opendoor, Virta, and Wish. He previously served as a partner at Akkadian Ventures, a secondaries fund that provided liquidity to founders, early employees, and angel investors in private, high-growth tech companies, and before that helped build and run Energy Central and Rigzone, two information platforms serving the energy industry. He holds a B.A. from the University of Colorado, Boulder.
Where does Raymond Tonsing work?
Raymond Tonsing is Partner of Caffeinated Capital and General Partner at Caffeinated Capital and Board director at Saronic and Board director at Onebrief and Board director at Better Health.
What does Raymond Tonsing invest in?
Raymond Tonsing invests in AI & Machine Learning, Biotech, Climate Tech, Cloud Computing, Consumer, Crypto & Web3, Deep Tech, Defense Tech, Developer Tools, E-commerce, Enterprise Software, Fintech, Future of Work, Hardware, Healthtech, InsurTech, Marketplaces, Medical Devices, PropTech, Robotics, SaaS, Social.
What check size does Raymond Tonsing write?
Raymond Tonsing typically writes checks of $300K – $500K.
What companies did Raymond Tonsing found?
Raymond Tonsing founded Caffeinated Capital.
What companies has Raymond Tonsing invested in?
Investments tracked here include 8Flow, Affirm, Agentsync, Airtable, Appurify, AuditFile, BackType, Basis, Betable, Better Health, Blowfish, Boom Supersonic, and 68 more.
Where did Raymond Tonsing go to school?
Raymond Tonsing studied at University of Colorado Boulder (Bachelor's Degree, Arts).

Same school

Shared employers