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Not Boring Capital

North America, Washington, United States, Seattle

Description

Not Boring Capital is a distinctive early-stage venture fund founded by Packy McCormick, known for his popular "Not Boring" newsletter. Launched with an initial fund of $8 million, the firm operates with a unique thesis that merges venture investing with media and storytelling. Its core strategy revolves around identifying companies with compelling narratives and then actively assisting them in articulating and disseminating these stories to a broad audience, often leveraging McCormick's extensive platform and network. This approach provides portfolio companies with significant exposure and a unique form of strategic support beyond traditional capital.

The fund primarily focuses on early-stage opportunities, typically participating in pre-seed and seed rounds. Not Boring Capital aims to be a founder's first institutional check or a key participant in initial funding rounds. While specific sector focus is broad, they gravitate towards companies that can benefit immensely from strong narrative building and community engagement, including those in the future of work, fintech, creator economy, and various technology sectors. Their investment philosophy emphasizes the power of clear communication and the ability of a well-told story to attract talent, customers, and subsequent funding.

Typical initial check sizes for Not Boring Capital range from approximately $100,000 to $500,000, positioning them as a crucial early partner for startups. Beyond financial investment, the firm's most significant value proposition lies in its ability to amplify a company's message through Packy McCormick's influential writing and network. This unique blend of capital and media reach helps portfolio companies gain visibility, refine their market positioning, and accelerate their growth, making Not Boring Capital a strategic partner for founders looking to tell their story effectively.

Investor Profile

Not Boring Capital has backed more than 28 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Switzerland.
  • Strong thematic focus on Software, Cryptocurrency, Blockchain.
  • Typical check size: $100K – $500K.

Stage Focus

  • Seed (64%)
  • Pre Seed (14%)
  • Series A (11%)
  • Series B (7%)
  • Series Unknown (4%)

Country Focus

  • United States (86%)
  • Canada (4%)
  • Switzerland (4%)
  • Zambia (4%)
  • Singapore (4%)

Industry Focus

  • Software
  • Cryptocurrency
  • Blockchain
  • Fintech
  • Web3
  • Health Care
  • Environmental Consulting
  • Information Technology
  • Internet
  • Financial Services
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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 Not Boring Capital frequently co-invest with?

Basecamp Fund
North America, New York, United States, New York
Co-Investments: 2
Autograph
North America, California, United States, Santa Monica
Co-Investments: 2
Bonfire Ventures
North America, California, United States, Santa Monica
Co-Investments: 2
FJ Labs
North America, New York, United States, New York
Co-Investments: 3
Looking Glass Capital
North America, New York, United States, New York
Co-Investments: 3
Lux Capital
North America, New York, United States, New York
Co-Investments: 2
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 3
Village Global
North America, California, United States, Covina
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Not Boring Capital often collaborate with?

AW
North America, California, United States, San Francisco
Shared Deals: 1
AK
North America, California, United States, Berkeley
Shared Deals: 1
MG
Europe, Grad Sofiya, Bulgaria, German
Shared Deals: 1
AF
North America, California, United States, San Francisco
Shared Deals: 1
AR
North America, New York, United States, New York
Shared Deals: 1
CV
North America, California, United States, Los Altos
Shared Deals: 1
SR
Europe, Monaco
Shared Deals: 2
Shared Deals: 1
KM
North America, California, United States
Shared Deals: 1
JB
North America, California, United States, Palo Alto
Shared Deals: 1

What are some of recent deals done by Not Boring Capital?

Ambrook

New York, New York, United States

Ambrook provides accounting software for agricultural businesses.

AccountingAgricultureFinTechPaymentsSoftware
Series AJul 1, 2025
Amount Raised: $26,100,000
Voiceops

New York, New York, United States

AI coworkers that unlock hidden growth in customer conversations. Built for b2c sales, marketing, and compliance teams.

Software
SeedMar 25, 2025
Amount Raised: $5,000,000
Unnatural Products

Santa Cruz, California, United States

Unnatural Products is a startup pairing AI with chemistry to create treatments for drug targets.

Artificial Intelligence (AI)BiotechnologyHealth Care
Series ADec 19, 2023
Amount Raised: $32,000,000
Cromatic

San Francisco, California, United States

Cromatic is building software to help life-sciences companies outsource R&D.

Life ScienceSoftware
SeedNov 9, 2023
Amount Raised: $5,300,000
Bastion

Campbell, California, United States

Bastion blends the best of web2 and web3 technologies to broaden opportunities for organizations and their customers.

Information TechnologyInternet
SeedSep 18, 2023
Amount Raised: $25,000,000
Jia

Los Angeles, California, United States

Jia provides blockchain-based financing to businesses in emerging markets and delivers returns on real-world assets to investors.

BankingBlockchainCryptocurrencyEmerging MarketsFinanceFinancial ServicesFinTechLending
SeedApr 26, 2023
Amount Raised: $4,300,000
Karate Combat

New York, New York, United States

Karate Combat is a karate organization that conducts leagues and events.

EventsSportsTraining
Series UnknownApr 19, 2023
Amount Raised: $18,000,000
Fount

Los Angeles, California, United States

You work with experts in every aspect of your life, but do you have a trusted source for health and performance?

Health Care
Series AMar 15, 2023
Amount Raised: $12,000,000
Alongside

San Francisco, California, United States

Buy the crypto market in a single token.

CryptocurrencyFinTech
SeedFeb 15, 2023
Amount Raised: $11,000,000
Thatch

San Francisco, California, United States

Thatch helps startups give great healthcare to their teams.

Health Care
SeedFeb 15, 2023
Amount Raised: $5,600,000