SOUTH PARK COMMONS MANAGEMENT
SOUTH PARK COMMONS MANAGEMENT is a Pre-seed, Seed, Series A, Series B and Series C+ fund in the US and India writing $400K–$20M checks into AI, Developer Tools, Enterprise, Fintech, hr-tech, data-management, legal-tech and computer-aided-engineering.
- Stages
- Pre-seed, Seed, Series A, Series B, Series C+
- Sectors
- AI, Developer Tools, Enterprise, Fintech, hr-tech, data-management, legal-tech, computer-aided-engineering
- Check size
- $400K–$20M
- Invests in
- US-wide, India
- Actively investing
- Yes
- Founded
- 2016
- Assets under management
- $500M+
Thesis
SPC focuses on the "minus one to zero" stage of company building, supporting founders from pre-ideation through to later stages. Their investment thesis is that exceptional companies emerge from exceptional people exploring exceptional problems. They back ambitious, technically rigorous founders, investing in pre-seed and seed-stage startups, often pre-traction, pre-product, or pre-idea. SPC provides initial capital and continuous support, aiming to be the first call for founders. While primarily investing in pre-seed and seed rounds, they also invest in Seed+ and typically remain involved investors in a company's cap table well into later stages. They occasionally lead rounds. The firm's geographic scope initially focused on the San Francisco Bay Area and New York City, with a significant expansion into Bengaluru, India, in mid-2024. SPC has announced plans for a dedicated $40 million India-focused fund. As of 2025, South Park Commons manages over $500 million in assets under management (AUM), with Fund I (2018) at $55 million, Fund II (2020) at $150 million, Fund III (May 2025) at $275 million, and the SPC India Fund (January 2025) at $40 million. Fund IV is in fundraising, targeting $500 million. SPC's typical check size ranges from $400,000 to $10 million, with a standard pre-seed ticket of $400,000 for 7% equity. They reserve $600,000 for follow-on investments, aiming for a total initial support of up to $1 million in the pre-seed phase. Other sources indicate a sweet spot check size of $500,000 and an average investment range of $500K - $20M.
Common questions
Does SOUTH PARK COMMONS MANAGEMENT invest at the Pre-seed stage?
Yes. SOUTH PARK COMMONS MANAGEMENT lists Pre-seed, Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does SOUTH PARK COMMONS MANAGEMENT write?
SOUTH PARK COMMONS MANAGEMENT writes $400K–$20M checks.
Where does SOUTH PARK COMMONS MANAGEMENT invest?
SOUTH PARK COMMONS MANAGEMENT invests in the US and India.