# Binary Capital

> Binary Capital is a VC fund in San Francisco backing Internet and Enterprise Software. See 12 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 12
- Last investment: Nov 2019
- Lead investor: 33%
- Fund size: $175M
- Last fund: Aug 2016
- Last updated: Sep 2026
- X (Twitter): https://twitter.com/binarycap
- Website: http://www.binarycap.com
- Facebook: https://www.facebook.com/binarycap/

Binary Capital is a new early-stage investment fund that focuses its investments in companies that operate in the field of consumer technology. It was established by former General Catalyst Partners' former managing director Jonathan Teo, and former Lightspeed Ventures managing director Justin Caldbeck. The two bring with them their extensiveVC experience. Together, they have raised a $125M fund and hope to invest in startups in sums of $3-5M.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 5 | 42% |
| Enterprise Software | 4 | 33% |
| Mobile | 3 | 25% |
| E-Commerce | 2 | 17% |
| Media and Entertainment | 2 | 17% |

39 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 42% |
| Series A | 4 | 33% |
| Series B | 2 | 17% |
| Venture - Series Unknown | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| LawnStarter | LawnStarter is an online marketplace that provides lawn maintenance and outdoor services for consumers and lawn care professionals. It also provides instant quotes for consumers, who can schedule lawn mowing and related lawn-care services from insured professionals. In addition, LawnStarter's algorithms use geolocation data to help pros buildroute density, increasing their profitability. They combine time-tested lawn care expertise with 21st-century innovation to offer a seamless customer experience.The company was founded in 2013 and is headquartered in Austin, Texas, USA. | $10.5M | Venture - Series Unknown | Nov 12, 2019 | http://lawnstarter.com |
| Fishbowl | Fishbowl is the leading provider of one-to-one guest marketing products and services for the restaurant industry. | $2.2M | Seed | May 01, 2017 | http://www.fishbowl.com |
| Fishbowl | Fishbowl is a social network that connects professionals to have candid and relevant conversations about workplace topics. Every day professionals come to Fishbowl to discuss industry news and get career advice from both peers and senior leadership in an open, positive, and supportive environment. The platform is free for all users, and hassignificant adoption across different industries including, law, consulting, finance, advertising, healthcare, tech, sales and accounting. | $2.1M | Seed | Apr 17, 2017 | http://fishbowlapp.com/insights/2021/09/14/the-future-of-professional-networks/ |
| Prynt | Prynt is the first ever instant camera case for smartphones. Just plug in your device, take a picture, and voila: get a beautiful photo in your hands within seconds. The case is simple — no ink, wifi or bluetooth — and is compatible with iOS and Android phones.Plus, when you take a photo with Prynt, their app embeds a video inside of it, givingyou a creative new way to tell your story. Hold your phone over any printed picture and watch it come to life in augmented reality on screen! | $7M | Series A | Nov 15, 2016 | https://www.prynt.co |
| Mentat | Mentat looks to provide a path to better jobs that's faster, easier and more effective than any other jobsearch tool. |  | Seed | Aug 23, 2016 | http://www.thementat.com/ |
| Recharge Labs | Overview Need a place to nap or shower in the city? Instantly book a luxury hotel room near you and pay by the minute.There's no need to book in advance or to tell the hotel how long you plan to stay. Your room is ready for you the moment you book – 24/7. Stay for as long as you want, then tap check out when you’re ready to leave.Recharge is currently available in San Francisco. | $2.3M | Seed | Jun 03, 2016 | https://www.recharge.co |
| Havenly | Havenly is the most delightful way to design spaces in your home, on any budget. Partner with an interior designer to create a beautiful design based on your unique style and space. You can then buy what you love directly through Havenly's platform with access to hundreds of retailers and the guaranteed best prices.Havenly works withthousands of professional, highly-screened and trained designers nationwide. Founded in 2014, Havenly is the largest startup in the online interior design space. | $5.8M | Series A | Mar 29, 2016 | http://www.havenly.com |
| Quartzy | Quartzy provides the only complete solution for lab management that includes the world’s most comprehensive catalog of more than 3M lab supplies and deals backed by 1,000's of top suppliers. Trusted by 200,000 scientists across 13,000 labs nationwide, Quartzy streamlines inventory and purchasing communications to save labs time and money. | $17M | Series B | Jan 04, 2016 | http://www.quartzy.com |
| Bellhop | Bellhop is the fastest growing moving services company in the US, transforming the $18B industry with a tech-enabled model that delivers far better customer experiences at prices that are untouchable by traditional movers. Serving local and long-distance moves in 55 cities. Expanding to 70+ in 2019. | $13.5M | Series B | Dec 24, 2015 | https://www.getbellhops.com |
| gifs.com | Gifs.com is the best place to edit a video online. |  | Seed | Aug 15, 2015 | http://www.gifs.com |

10 of 12 investments shown.

## Co-investors
- [Eniac Ventures](https://shizune.co/investors/profile/eniac-ventures) — VC Fund, 4 deals together
- [Lerer Hippeau](https://shizune.co/investors/profile/lerer-ventures) — VC Fund, 3 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 2 deals together
- [Outlander Fund I Archimedes](https://shizune.co/investors/profile/arena-ventures) — VC Fund, 2 deals together
- [Lowercase Capital](https://shizune.co/investors/profile/lowercase-capital) — VC Fund, 2 deals together
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Binary Capital invest in?

Binary Capital invests primarily in Internet, Enterprise Software and Mobile startups, most often at Seed and Series A stage. Most of the 12 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Binary Capital last invest?

The most recent investment recorded for Binary Capital closed in Nov 2019. Shizune tracks 12 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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