Acequia Capital (AceCap)

Acequia Capital, often referred to as AceCap, is a prominent venture capital firm based in Seattle, Washington, established in 2008. The firm has carved out a niche as a significant early-stage investor, primarily focusing on technology companies across various sectors. Acequia Capital's investment philosophy centers on identifying and nurturing innovative startups with strong potential for disruption and growth.

The firm typically invests across Seed to Series B stages, demonstrating flexibility in its approach to early-stage funding. Acequia Capital shows a strong preference for B2B SaaS, FinTech, artificial intelligence (AI), and consumer internet companies. Their investment strategy often involves providing initial capital, with typical first checks ranging from $1 million to $5 million, while also being prepared to participate in follow-on rounds as their portfolio companies scale. This commitment to long-term partnerships underscores their dedication to portfolio success.

Acequia Capital boasts an impressive portfolio of companies that have achieved significant milestones, including successful exits through acquisition or public offerings. Notable investments include Remitly, a digital remittance service that went public, and Rover, an online marketplace for pet care services that was acquired by Blackstone. The firm's consistent track record of backing high-growth ventures solidifies its reputation as a discerning and impactful investor in the tech ecosystem. Their strategic location in Seattle also provides them with unique access to the burgeoning tech talent and innovation emerging from the Pacific Northwest.