PAPPY CAPITAL MANAGEMENT CO LLC

Thesis

Pappy Capital is a venture capital firm established in 2021 and headquartered in San Francisco, California. The firm focuses on late-stage venture investments, specifically targeting Series D rounds. Pappy Capital's investment strategy centers on companies within the Enterprise Applications and FinTech sectors, with a particular emphasis on businesses operating in the United States. The firm's approach is characterized by independent research, candor, and a commitment to supporting entrepreneurs with long-term product roadmaps. Pappy Capital's investment thesis is centered on late-stage venture capital, with a preference for Series D rounds. The firm's geographic scope is primarily the United States, though Pappy Capital Fund I also invests in Canada, Europe, and the Americas. Their sector focus includes Enterprise Applications and FinTech, with a notable interest in B2B software and technology companies. While specific fund sizes and AUM are not publicly detailed, Pappy Capital operates with a strategy that involves co-investing with other firms, such as Blue Owl Capital. Pappy Capital has two identified funds: Pappy Capital Fund I, a closed 2022 vintage later-stage venture capital fund, and Pappy Capital 2, an open later-stage venture capital fund. The firm has made one investment in a Series D stage with an average round size of $133 million.

Related lists

• Series C+ Enterprise investors
• Series C+ Fintech investors
• Series C+ investors based in San Francisco, CA