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Corazon Capital

North America, Illinois, United States, Chicago

Description

Corazon Capital is a Chicago-based venture capital firm primarily focused on early-stage opportunities, specifically Seed and Series A rounds. Co-founded by Sam Yagan, a seasoned entrepreneur known for his work with OkCupid and as former CEO of Match Group, and Steve Farsht, the firm leverages its founders' deep operational experience to support portfolio companies. They aim to partner with ambitious founders building transformative businesses, particularly within the consumer internet and related technology sectors.

The firm's investment thesis centers on identifying companies with strong product-market fit, scalable business models, and significant market potential. Corazon Capital actively invests across a range of industries, including consumer technology, marketplaces, software-as-a-service (SaaS), fintech, and digital media. Their hands-on approach involves providing strategic guidance, operational insights, and access to their extensive network, helping startups navigate critical growth phases from initial product development to market expansion.

Corazon Capital typically deploys initial checks ranging from $1 million to $3 million, with a capacity for substantial follow-on investments as companies mature. This allows them to support their portfolio companies through subsequent funding rounds. The firm has demonstrated consistent growth in its capital base, exemplified by its most recent vehicle, Corazon Capital III, which closed in 2021 with $75 million in commitments. This fund size underscores their continued commitment to backing promising early-stage ventures and reflects their established presence in the venture ecosystem.

Investor Profile

Corazon Capital has backed more than 93 startups, with 2 new investments in the last 12 months alone. The firm has led 22 rounds, about 24% of its total and boasts 15 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Software, E-Commerce, Artificial Intelligence (AI).
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $3M.

Stage Focus

  • Seed (40%)
  • Series A (29%)
  • Series B (12%)
  • Pre Seed (8%)
  • Series Unknown (8%)
  • Series C (3%)
  • Series D (1%)

Country Focus

  • United States (98%)
  • Canada (1%)

Industry Focus

  • Software
  • E-commerce
  • Artificial Intelligence (Ai)
  • Saas
  • Internet
  • Marketplace
  • Analytics
  • Enterprise Software
  • Travel
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Corazon Capital frequently co-invest with?

Bullpen Capital
North America, California, United States, San Francisco
Co-Investments: 4
Lakewest Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 7
FJ Labs
North America, New York, United States, New York
Co-Investments: 4
Service Provider Capital
North America, Colorado, United States, Golden
Co-Investments: 4
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 5
Chicago Ventures
North America, Illinois, United States, Chicago
Co-Investments: 18
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 4
Hyde Park Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 5
Great Oaks Venture Capital
North America, New York, United States, New York
Co-Investments: 4
Pritzker Group Venture Capital
North America, Illinois, United States, Chicago
Co-Investments: 9

Which angels does Corazon Capital often collaborate with?

IV
North America, California, United States, San Francisco
Shared Deals: 1
AL
North America, California, United States
Shared Deals: 1
David S. Kidder
North America, New York, United States, New York
Shared Deals: 1
PS
North America, California, United States, Los Angeles
Shared Deals: 2
BT
North America, New York, United States, New York
Shared Deals: 1
GN
North America, Illinois, United States, Chicago
Shared Deals: 1
MM
North America, California, United States, San Francisco
Shared Deals: 1
NR
North America, California, United States, San Francisco
Shared Deals: 2
LR
North America, California, United States, San Quentin
Shared Deals: 2
RH
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Corazon Capital?

Cerca is a new dating app that connects people within their existing social circles.

SeedJun 19, 2025
Amount Raised: $1,600,000
Nara Organics

New York, New York, United States

Nara Organics manufactures organic infant formula delivered directly to the consumers.

Food and BeverageManufacturingOrganic
Series AOct 18, 2024
Amount Raised: $18,900,000
HiLink

Chicago, Illinois, United States

A connected, interactive, and engaging digital world

EdTechSoftware
SeedJul 22, 2024
Amount Raised: $5,000,000
Mantle

San Francisco, California, United States

Mantle is metal 3D printing company that has developed technology for precision metal components such as tooling.

3D PrintingIndustrial ManufacturingManufacturingMechanical Engineering
Series CJul 10, 2024
Amount Raised: $20,000,000
Laws of Motion

New York, New York, United States

AI technology company that engineers proprietary apparel sizing technologies backed by zero-waste manufacturing.

ApparelArtificial Intelligence (AI)ConsumerFashionManufacturing
SeedMay 15, 2024
Amount Raised: $5,000,000
Tandem

Ann Arbor, Michigan, United States

Tandem is a consumer fintech platform for couples.

Financial ServicesMobile AppsPayments
SeedJan 17, 2024
Amount Raised: $3,700,000
GameTree

Los Angeles, California, United States

GameTree is an AI social network for gamers and community that help find their tribes according to their unique tastes and personalities

Artificial Intelligence (AI)Big DataGamingSocialSoftware
SeedDec 4, 2023
Amount Raised: $1,700,000
CFX Labs

Chicago, Illinois, United States

CFX Labs provides payment processing solutions for app publisher, marketplace, and retailer.

Financial ServicesPaymentsTransaction Processing
SeedNov 15, 2023
Amount Raised: $9,500,000
BoldVoice

New York, New York, United States

BoldVoice is a communication coaching app that helps non-native speakers improve their communication and confidence.

AppsE-LearningEdTechLanguage LearningMobile Apps
SeedAug 18, 2023
Amount Raised: $2,500,000
HiLink

Chicago, Illinois, United States

A connected, interactive, and engaging digital world

EdTechSoftware
SeedJul 1, 2023
Amount Raised: $3,000,000