Founder led capital for founder led companies.
Active Capital is a venture firm focused on investing in pre-seed companies leveraging cloud computing, AI, ML, & Web3 to build the future of B2B SaaS.
About Us
We are founders and operators investing in today's entrepreneurs.
Active Capital is the culmination of our life's work. As founders, we've built companies and cultures worth millions and billions. As investors, we've helped dozens of founders build great businesses with amazing potential. And as friends, we've had a lot of fun along the way.
We've designed Active Capital to lead seed rounds for B2B SaaS companies outside of Silicon Valley. We are based in Texas but will invest all over. We prefer companies that can get to market with very little capital and we believe we can best help founders once they start to grow.
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Our Team
We’ve been starting, building, and investing in B2B SaaS businesses for 20+ years.
Pat Matthews
Founder & CEO
Co-founder, Webmail.us. Grew to $10M in sales and sold to Rackspace in 2007. Six year Racker. Dozens of startup investments. Virginia Tech Hokie & father of one.
Pat leads the firm, makes investment decisions, and actively supports our portfolio companies through board seats, strategy sessions, and founder coaching.
Cat Dizon
Co-founder & COO
Operations leader, Rackspace. M&A operative focused on due diligence, post-merger integration, and growth businesses. UTSA Roadrunner & mother of one.
Cat runs the business of the firm including investor relations, due diligence for investment activities, and all operations including legal, accounting, and finance.
Chris Saum
Director of Business Development
Co-founder, MUD Geochemical. Acquired in 2016. 10+ investments while Partner at RealCo Long-Term Accelerator. 2016 Forbes 30 Under 30. Hook ’em Horns.
Chris wears many hats. He manages deal flow and supports portfolio companies through a wide variety of internal and external business development activities.
Alfred Mesquiti
Chief Storyteller
Founder, DeckSavvy, LLC. 10+ years project experience working with startups and VCs. Entrepreneurial and remote work advocate. USC Trojan and native San Antonian.
Alfred manages the firm's brand communications and collaborates with our portfolio companies to develop story-driven pitch decks and marketing communications pieces.
Avery Keller
Executive Assistant
Recent UTSA graduate with a degree in Real Estate Finance. Focused on administration, operations, and executive support. UTSA Roadrunner and native San Antonian.
Avery works closely with Pat and Cat to support a wide variety of firm activities including scheduling & event planning, financial management, and investor relations.
Our Advisors
We met at Rackspace and have been working together ever since.
Pat Condon
Board Partner
Co-founder, Rackspace. $2B in sales. IPO in 2008, $5B exit in 2016. Investor in Webmail, Freshbooks, Tenfold, & others. 2007 E&Y Entrepreneur of the year. Trinity Tiger & father of four.
Pat works with portfolio companies on a post-investment basis to bring support and guidance through board seats, strategy sessions, and founder coaching.
Graham Weston
Advisor
Co-founder, Rackspace. Co-founder, Geekdom. Founder, 80/20 Foundation. 2007 E&Y Entrepreneur of the Year. Texas Business Hall of Fame. Texas A&M Aggie & father of three.
A pioneer in the web hosting industry, Graham brings a wealth of entrepreneurial expertise, business leadership, and philanthropic experience to the Active Capital family.
“We like to be a material part of the first million dollars into a business.”
Pat Matthews, Founder & CEO
Our Check Sizes
We are founders and operators investing in today's entrepreneurs.
Pre-Seed Investments
Participting in Pre-Seed
Check Size:
$100 - $500K
Rounds Size:
$500K - $1.5M
Seed Investments
Leading or Co-Leading the Seed
Check Size:
$500K - $1.0M
Rounds Size:
$1.0M - $3.0M
Our Investments
Active Capital is designed to lead seed rounds for B2B SaaS companies. We’ll also co-lead rounds with other venture capital firms.
Acquired by iCIMS
Acquired by Paylocity
Acquired by CallRail
Acquired by OpenDoor
Acquired by Medallia
Acquired by Paylocity
Angel Investments
Prior to Active Capital, we were angel investors in dozens of startup companies. Below are some of the most relevant active investments in our angel portfolio:
Acquired by Hootsuite
Acquired by VMware
Acquired by Atlassian
Acquired by Apptio
Acquired by Optimizely
Acquired by HEB
Acquired by Okta
Acquired by Live Person
Acquired by BigCommerce