
Acrew Capital
Description
Acrew Capital is a prominent San Francisco-based venture capital firm established in 2019 by a team of seasoned investors, including Theresia Gouw, Richard Liu, and Vishal Lugani, who spun out from Lightspeed Venture Partners. The firm distinguishes itself by investing in transformative companies across five core themes: Cybersecurity, Future of Work, Fintech, AI, and Community. Acrew's investment philosophy also strongly emphasizes diversifying the cap tables of leading growth companies, reflecting a commitment to fostering a more inclusive venture ecosystem.
The firm has rapidly grown its capital base, demonstrating significant investor confidence. In 2019, Acrew successfully raised its inaugural funds, accumulating over $600 million across three distinct vehicles. This initial success was followed by an even more substantial fundraising effort in 2022, where they secured over $1.4 billion for four new funds, including Acrew Capital IV, Acrew Capital Opportunity Fund IV, Acrew Capital Diversify Capital Fund IV, and Acrew Capital Crypto Fund I. These successive fundraises have propelled Acrew Capital's total assets under management to over $2.4 billion, enabling them to deploy capital across various stages and sectors.
Acrew Capital's investment strategy spans the entire venture lifecycle, from early-stage seed and Series A rounds to later-stage growth equity investments. Their flexible approach allows them to support companies from inception through maturity, often deploying initial checks that can range significantly based on the stage and opportunity. For instance, while they participate in early-stage rounds, their Opportunity Funds enable them to write substantial checks for growth-stage companies. The firm is known for its hands-on approach, leveraging its partners' deep industry expertise and extensive networks to support portfolio companies in areas such as talent acquisition, strategic partnerships, and market expansion. Their portfolio includes notable companies like Cato Networks, Vanta, and Chime, showcasing their ability to back market leaders.
Investor Profile
Acrew Capital has backed more than 140 startups, with 17 new investments in the last 12 months alone. The firm has led 48 rounds, about 34% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, Israel, Mexico.
- Strong thematic focus on Software, Financial Services, FinTech.
- Led 7 rounds in the past year.
- Typical check size: $5M – $50M.
Stage Focus
- Series A (33%)
- Seed (22%)
- Series B (21%)
- Series C (7%)
- Pre Seed (4%)
- Series Unknown (3%)
- Series D (3%)
- Series E (2%)
- Series F (1%)
- Debt Financing (1%)
Country Focus
- United States (77%)
- Israel (5%)
- Mexico (4%)
- Colombia (4%)
- United Kingdom (2%)
- Pakistan (1%)
- Bermuda (1%)
- Indonesia (1%)
- France (1%)
- Kenya (1%)
Industry Focus
- Software
- Financial Services
- Fintech
- Information Technology
- Artificial Intelligence (Ai)
- Cyber Security
- Machine Learning
- Payments
- Finance
- Real Estate
Frequently Asked Questions
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