Chris Sacca
Description
Chris Sacca is an exceptionally influential and successful venture investor, widely recognized as the founder of Lowercase Capital. Operating primarily from Truckee, California, Sacca established Lowercase Capital as a pioneering early-stage venture fund. He garnered significant acclaim for his prescient investments in some of the most transformative technology companies of the 21st century, solidifying his reputation as a top-tier investor.
Lowercase Capital's investment strategy centered on identifying and backing promising consumer web, mobile, and enterprise software startups at their nascent stages. Sacca's portfolio included remarkably successful early bets on companies like Twitter, Uber, Instagram, and Twilio, among many others. His ability to spot disruptive potential early on led to extraordinary returns; for instance, his early investment in Uber, reportedly around $300,000, yielded a return estimated to be over 1,000 times his initial capital. These strategic early-stage commitments were a hallmark of his approach.
Typically, Lowercase Capital deployed initial checks ranging from as little as $25,000 for seed-stage companies up to $500,000 for slightly later rounds or more significant early commitments. This approach allowed him to build a diversified portfolio of high-growth potential companies without requiring massive initial capital outlays. By 2017, Sacca announced his retirement from active venture investing, choosing to focus on family and other philanthropic and personal endeavors. His firm, Lowercase Capital, managed funds totaling tens of millions, including an $8.4 million first fund and a $27 million second fund, demonstrating his progression from angel to institutional investor. Sacca's legacy is defined by his keen investment acumen and his pivotal role in shaping the early landscape of several tech giants.
Investor Profile
Chris Sacca has backed more than 37 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 21 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Angel, Series B rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, E-Commerce, Mobile.
- Typical check size: $25K – $500K.
Stage Focus
- Seed (57%)
- Angel (19%)
- Series B (8%)
- Series A (8%)
- Series D (3%)
- Series Unknown (3%)
- Series C (3%)
Country Focus
- United States (100%)
Industry Focus
- Software
- E-commerce
- Mobile
- Content
- Internet
- Social Media
- Media And Entertainment
- Video
- Apps
- Information Technology
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.