Founder led capital for founder led companies.

Active Capital is a venture firm focused on leading seed rounds for B2B SaaS companies outside of Silicon Valley.

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.

Meet The Team

We met at Rackspace and have been working together ever since.


Pat Matthews

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.

LinkedIn AngelList

Cat Dizon

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.

LinkedIn AngelList

Chris Saum

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.

LinkedIn AngelList

Avery

Avery Keller

Executive Admin & Office Manager

Escrow Administrator & Receptionist, Chicago Title. Focused on operations and executive support. Current UTSA Roadrunner and native San Antonian.

LinkedIn AngelList

Pat Condon

Pat Condon

Board Partner

Co-founder, Rackspace. $2B in sales. IPO in 2008, $5B exit in 2016. Investor in Webmail.us, Freshbooks, Tenfold, and others. Trinity Tiger & father of four.

LinkedIn AngelList


Investment Characteristics

These are the characteristics we look for in our investments.


Founder Led

Companies led by founders who have what it takes to build a great business.

B2B SaaS

Enterprise software companies with recurring revenue business models.

Real Traction, Less Capital

Founders that have made lots of progress without lots of capital.

Outside of Sillicon Valley

We love founders building great companies in underdog cities all over.

The First Million

We like to be a material part of the first million dollars raised.

Lead the Seed

We want to be the most infuential investor on the cap table.

“We like to be a material part of the first million dollars into a business.”

Pat Matthews, Founder & CEO

Our Check Sizes

We write 100k to 1m checks depending on stage and round size.


Pre-Seed

We like to get involved early with $100-$250k checks in $500k-$750k pre-seed rounds.

Seed

We are designed to lead the seed with $500k-$1m checks in $1-$2m seed rounds.

Capital Reserves

We like to reserve capital support portfolio companies as they ebb, flow, and grow.

Fund Investments

Active Capital is designed to lead seed rounds for B2B SaaS companies.


Austin

San Francisco

New York

Salt Lake City

West Palm Beach

San Antonio

Austin

Alexandria

Baltimore

San Antonio

Austin

Austin

Austin

Atlanta

Kansas City

Austin

New York

Austin

San Francisco

San Antonio

San Antonio

Saint Paul


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:


San Francisco

San Francisco

San Francisco

San Francisco

San Antonio

San Francisco

Boston

San Antonio

Toronto

Austin

Austin

Austin