
Tandem Capital
Description
Tandem Capital is a Menlo Park, California-based seed-stage venture capital firm, established in 2011, with a distinct focus on product and go-to-market innovation. The firm primarily targets early-stage companies in the mobile, consumer, and enterprise sectors. Known for its hands-on approach, Tandem Capital positions itself as a close partner to founders, offering operational support and strategic guidance beyond just capital. This collaborative philosophy aims to help startups navigate the critical initial phases of development and market entry.
The firm's investment strategy is centered on identifying passionate entrepreneurs who are building disruptive products and services. Tandem Capital emphasizes deep engagement with its portfolio companies, leveraging the team's entrepreneurial and investment experience to assist with scaling and growth. They seek to back companies that demonstrate strong potential for innovation and have a clear path to market adoption, often looking for unique technological advantages or novel business models.
Tandem Capital has demonstrated consistent activity in the seed ecosystem, having raised approximately $100 million across four distinct funds. Their most recent fund, Tandem Capital IV, closed in 2018 with $50 million. This capital has enabled the firm to build a robust portfolio, making over 100 investments since its inception. The firm has also seen a significant number of successful exits, with more than 20 companies from its portfolio achieving liquidity events. Typically, Tandem Capital's initial check sizes for seed rounds range from $250,000 to $1 million, with the capacity for follow-on investments as portfolio companies mature.
Investor Profile
Tandem Capital has backed more than 65 startups, with 0 new investments in the last 12 months alone. The firm has led 11 rounds, about 17% of its total and boasts 19 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Convertible Note rounds (top funding stages).
- Majority of deals are located in United States, India, Spain.
- Strong thematic focus on Mobile, Software, Apps.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (52%)
- Series A (20%)
- Convertible Note (11%)
- Series B (6%)
- Series Unknown (6%)
- Series C (3%)
- Angel (2%)
Country Focus
- United States (88%)
- India (5%)
- Spain (3%)
- Canada (3%)
- Singapore (2%)
Industry Focus
- Mobile
- Software
- Apps
- Internet Of Things
- Ios
- Internet
- Information Technology
- Consumer Electronics
- Android
- E-commerce
Frequently Asked Questions
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