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.

Our Team

We’ve been starting, building, and investing in B2B SaaS businesses for 20+ years.


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

Alfred

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.

LinkedIn AngelList

Avery

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.

LinkedIn AngelList


Our Advisors

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


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. 2007 E&Y Entrepreneur of the year. Trinity Tiger & father of four.

Graham

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.

“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 Investments

Participating in Pre-Seed
Check Size: $100K - $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.


Austin

San Francisco

New York

Salt Lake City

Austin

West Palm Beach

San Francisco

Full Remote

Seattle

San Francisco

San Antonio

Portland

Austin

Alexandria

New York

Raleigh

San Antonio

Atlanta

Portland

Seattle

New York

Edinburgh

Edinburgh

Austin

Austin

Austin

Atlanta

Vancouver

Austin

New York

Austin

San Francisco

San Francisco

Austin

San Antonio

San Antonio

Acquired by Medallia

Sunnyvale

Kansas City

San Antonio

Boulder

Brooklyn

Lehi

Acquired by Paylocity

Saint Paul

Grand Rapids


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

Milan

Acquired by VMware

Sunnyvale

San Francisco

Acquired by Apptio

Portland

Austin

Boston

Acquired by Optimizely

San Francisco

Acquired by HEB

Austin

San Antonio

Toronto

Austin

San Francisco

Austin

San Antonio

Acquired by Okta

San Francisco

Austin

San Francisco

San Francisco

San Francisco

Austin

Acquired by BitCommerce

Austin