
3L Capital
Description
3L Capital is a Los Angeles-based multi-stage growth equity firm specializing in investments across tech-enabled consumer and enterprise businesses. Founded with a focus on partnering with visionary entrepreneurs, the firm aims to provide significant capital and strategic support to companies poised for substantial growth. Their investment philosophy centers on identifying market-leading businesses with strong unit economics and scalable models, helping them navigate the complexities of scaling operations and expanding market reach.
The firm primarily targets growth-stage companies, typically participating in Series B, C, and later-stage funding rounds. 3L Capital's initial investment checks generally range from $10 million to $50 million, reflecting their commitment to providing meaningful capital infusions that can accelerate a company's development. They are known for their hands-on approach, leveraging their extensive network and operational expertise to assist portfolio companies with strategic planning, talent acquisition, and market penetration. Their focus is on long-term value creation, often taking significant minority stakes or co-leading investment rounds.
3L Capital has built a diverse portfolio of high-growth companies, including notable successes such as goPuff, Allbirds, and Ring (acquired by Amazon). These investments underscore their ability to identify disruptive businesses across various sectors, from e-commerce and consumer brands to enterprise software solutions. The firm's strategic value extends beyond capital, as they actively engage with management teams to optimize growth strategies and prepare companies for future liquidity events. For instance, their Fund II reportedly closed with $250 million, indicating their substantial capital base for new investments, further solidifying their position as a key growth equity investor.
Investor Profile
3L Capital has backed more than 40 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 43% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series C, Series A rounds (top funding stages).
- Majority of deals are located in United States, India, Germany.
- Strong thematic focus on E-Commerce, Artificial Intelligence (AI), Travel.
- Typical check size: $10M – $50M.
Stage Focus
- Series B (28%)
- Series C (23%)
- Series A (18%)
- Series Unknown (13%)
- Series D (8%)
- Series E (5%)
- Debt Financing (3%)
- Private Equity (3%)
- Series H (3%)
Country Focus
- United States (85%)
- India (8%)
- Germany (5%)
- Canada (3%)
Industry Focus
- E-commerce
- Artificial Intelligence (Ai)
- Travel
- Internet
- Real Estate
- Saas
- Consumer Goods
- Software
- Food And Beverage
- Machine Learning
Frequently Asked Questions
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