Initialized Capital
Seed-stage firm co-founded by Reddit's Garry Tan and Alexis Ohanian (now solo Tan)
VC
Seed
📍 San Francisco, CA
Founded 2012
AUM
$3.2B
as of 2026-Q1
SMALL
Initialized Capital was founded in 2012 and built a strong portfolio that includes Coinbase, Instacart, and Ramp. Co-founder Garry Tan left in 2023 to become President of Y Combinator.
Notable Partners
Garry Tan (left for YC president)Brett GibsonAlda Leu Dennis
Notable Portfolio
coinbaseinstacartramp
Investment Focus
Sectors
Enterprise · Consumer · Crypto · Fintech
VCSeedEarly-Stage Heavy
Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.