CAPITAL ELEVEN MANAGEMENT

Thesis

Initially focused on side investments, it has expanded into venture capital, private equity, and real estate development. The firm's venture arm targets seed and Series A rounds for early-stage software companies, with check sizes ranging from $100,000 to $1 million, and potential follow-on investments up to $2 million. They prioritize investing in the Boise, Idaho tech ecosystem but also invest across the United States, with a focus on the Mountain West and nationwide for their venture portfolio. Capital Eleven's investment philosophy centers on the quality of the entrepreneurial team ('jockeys, not horses'). They are open to co-investing and employ flexible deal structures in their private equity arm. In early 2025, they launched Capital Eleven Advisors to provide M&A and strategic advisory services. The firm manages multiple funds across venture capital, real estate, fixed income, and private equity, though specific AUM is not disclosed. They have managed at least four private capital funds, primarily for North American venture capital.

Related lists

• Seed-stage AI investors
• Seed-stage Enterprise investors
• Series A AI investors