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BC

Background Capital

GeneralistUnited StatesActiveWebsiteLinkedIn
Stage FocusSeed, Series A, Series B+
GeographyUnited States, Canada
TypeVC
Last Activity-
Industry Focus
Industries
AI
Technical BenchLimited
Investor TypeGeneralist
ExposureMinimal DeepTech Investments
Bio

Background Capital is a solo-GP venture fund led by Rafael Corrales, now investing out of its fourth fund. It does not publish a stated sector thesis, check size, fund size, or founding year on its site; its homepage marks the United States and Canada as its markets.

Corrales's clearest documented relationship is with Instacart, where he partnered with co-founder Max Mullen in 2012 and is credite...

Notable Investments
I
Instacart

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