
Muse Capital
Description
Muse Capital is a Sherman Oaks, California-based venture capital firm established in 2017 by co-founders Rachel Eng and Scarlett Swerdlow. The firm primarily focuses on early-stage, seed investments within the consumer technology sector, targeting entrepreneurs who are actively disrupting traditional consumer behaviors. Their investment thesis spans a broad range of consumer-facing industries, including retail, beauty, wellness, food & beverage, and media, seeking out innovative solutions that redefine how consumers interact with products and services.
The firm has successfully raised two funds to date, demonstrating a growing commitment to the consumer tech ecosystem. Their debut vehicle, Muse Capital Fund I, closed with $25 million in commitments, allowing them to initiate investments in promising startups. Building on this success, Muse Capital subsequently closed its second fund, Muse Capital Fund II, securing $35 million in capital. This brings their total assets under management to approximately $60 million, underscoring their capacity to support a diverse portfolio of emerging consumer brands and technologies.
Muse Capital is known for its hands-on approach, providing strategic guidance and leveraging its extensive network to help portfolio companies scale. While they invest across the board, the firm has a notable inclination towards supporting diverse founding teams, including female entrepreneurs, reflecting the backgrounds and values of its founders. Their typical initial check sizes for seed-stage companies range from $500,000 to $1.5 million, providing substantial early capital for product development, market entry, and team expansion. This strategic funding, combined with their sector-specific expertise, positions Muse Capital as a key partner for consumer-focused startups aiming for significant market impact.
Investor Profile
Muse Capital has backed more than 47 startups, with 3 new investments in the last 12 months alone. The firm has led 4 rounds, about 9% of its total and boasts 10 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Canada, New Zealand.
- Strong thematic focus on Health Care, Software, Medical.
- Typical check size: $500K – $1.5M.
Stage Focus
- Seed (57%)
- Series A (23%)
- Pre Seed (9%)
- Series Unknown (4%)
- Series B (2%)
- Series C (2%)
- Convertible Note (2%)
Country Focus
- United States (81%)
- Canada (9%)
- New Zealand (2%)
- United Kingdom (2%)
- China (2%)
- Mexico (2%)
- Denmark (2%)
Industry Focus
- Health Care
- Software
- Medical
- E-commerce
- Women's
- Financial Services
- Fintech
- Artificial Intelligence (Ai)
- Retail
- Lifestyle
Frequently Asked Questions
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