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Human Capital, VC Fund

Human Capital

VC Fund

San Francisco, United States

Human Capital is a venture firm for builders. We believe ambitious builders turn great ideas into great companies. We invest in founders, teams, and startups that share this mindset. In the last 6 years, that mantra has led us to invest in 15 companies before they became unicorns, including Snowflake, Anduril, Livongo, and Brex (where we wrote the first check). We have over $1.3B in total capital committed and we've built a community of over 5,000 incredible, driven, ambitious builders.

Total investments:
177
Last investment:
Lead investor:
20%
Fund size:
$287M
Last fund:

Last updated:

Industries Human Capital invests in

Artificial IntelligenceSoftwareHealth CareFinTechFinancial Services

Stages Human Capital invests in

Series ASeedSeries BSeries CPre-Seed

Countries Human Capital invests in

United StatesUnited KingdomBrazilCanadaFrance

Round sizes

Seed $2.3M–$13MSeries A $11M–$50MSeries B $20M–$120M

Contacts

NameEmailPhoneSocials

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Round size

Seed
$2.3M–$13M
Series A
$11M–$50M
Series B
$20M–$120M

Investment Focus

Industry

  • Artificial Intelligence 31 (18%)
  • Software 30 (17%)
  • Health Care 21 (12%)
  • FinTech 15 (8%)
  • Financial Services 15 (8%)
See all 155 industries →

Stage

  • Series A 56 (32%)
  • Seed 35 (20%)
  • Series B 28 (16%)
  • Series C 17 (10%)
  • Pre-Seed 9 (5%)
See all 10 stages →

Country

  • United States 95 (54%)
  • United Kingdom 3 (2%)
  • Brazil 1 (1%)
  • Canada 1 (1%)
  • France 1 (1%)
See all 8 countries →

Team

NameTitleInvestmentsLinksEmail
Adelia Curtis Duarte
Adelia Curtis Duarte Talent Advisor & Head of Portfolio Operations
Talent Advisor & Head of Portfolio Operations Total investments: 0
Find email
Baris Akis
Baris Akis Co-Founder, President and Managing Partner
Co-Founder, President and Managing Partner Total investments: 13
Find email
Armaan Ali
Armaan Ali Co-Founder, CEO and Managing Partner
Co-Founder, CEO and Managing Partner Total investments: 8
Find email
Brian Blond
Brian Blond Investment Partner
Investment Partner Total investments: 5
Find email
Jim Baaden
Jim Baaden Chief Operating Officer
Chief Operating Officer Total investments: 0
Find email

Investments

CompanyDescriptionRoundLinks
Flow is the agentic systems engineering platform for the companies building the physical world. Next-gen hardware teams use Flow as their default platform to design, build, and iterate on hardware faster without sacrificing engineering rigor. Today, thousands of engineers at companies including Rivian, Stoke Space, Joby, Astranis, and Radiant are building on Flow. Flow gives these teams a living system of record that connects requirements, CAD, simulation, code, and test. On top of this system of record, Flow's agents continuously analyze engineering changes, identify downstream impact, and verify requirements and test coverage — so work stays aligned across the tools engineers already use. $50M / Series B / Sep 30, 2026
Buildots specializes in transforming construction sites into a data-driven digital environment. Its platform enables maximum control of construction processes at minimal effort. The solution turns every site walk into valuable process data that can immediately be used for gaining full control of a certain project. $130M / Series E / Sep 14, 2026
The Boring Company is an infrastructure and tunnel construction company that facilitates underground transportation networks. It aims to create safe, fast-to-dig, and low-cost transportation, utility, and freight tunnels. $3B / Series D / Sep 09, 2026
From PA generation to appeals, enrollments, & pharmacy navigation, Forus handles the end-to-end medication access process. Forus supports every drug, insurance, and pharmacy to help patients get access to life-changing medications. $150M / Series C / Sep 08, 2026
Archive automates e-commerce digital marketing workflows with two products: (1) Archive App (AA) is a digital asset manager built for modern digital marketers. App automates the collection and metadata labeling of all your brand's social content (including ephemeral stories) and automates the workflow to convert and distribute this content asoptimized advertising creative across your favorite retention marketing and media platforms. (2) Archive Communities (AC) automates a brand's influencer seeding program to drive impressions and generate affiliates. Seed / Sep 02, 2026
NewLimit specializes in treating age-related diseases to extend the human health span. It works on developing epigenetic reprogramming medicines to treat diseases with large unmet needs. $435M / Series C / Jun 02, 2026
Luel develops AI training data marketplace that supplies training datasets to connect AI enterprises and content contributors. $31M / Seed / May 15, 2026
Monaco functions as a unified system of record, building total addressable market data, running outbound campaigns, capturing interactions, and managing pipeline activity within a single environment. It includes account databases, intent and signal tracking, sequencing tools, pipeline management, and call recording to support demand generationthrough conversion. Monaco automates account discovery, enrichment, and scoring to keep target markets current. Its onboarding process establishes TAM, configures sequences, overlays signals, and imports existing pipeline data from day one. $50M / Series B / May 12, 2026
Cloaked provides privacy-focused digital identity and data protection tools for individuals and businesses. The company offers a platform that generates alternative identities such as emails, phone numbers, and payment details to limit exposure of personal information. Its system enables users to manage, share, and revoke access to these identitiesacross online services and transactions. It also includes monitoring features that help track data usage and detect potential exposure risks. The platform integrates with applications and services to support secure authentication and communication. The organization focuses on helping users control how their personal data is shared and stored across digital environments. $375M / Series B / Mar 19, 2026
Monaco functions as a unified system of record, building total addressable market data, running outbound campaigns, capturing interactions, and managing pipeline activity within a single environment. It includes account databases, intent and signal tracking, sequencing tools, pipeline management, and call recording to support demand generationthrough conversion. Monaco automates account discovery, enrichment, and scoring to keep target markets current. Its onboarding process establishes TAM, configures sequences, overlays signals, and imports existing pipeline data from day one. $25M / Series A / Feb 11, 2026
See all 177 investments →

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FAQ

What does Human Capital invest in?

Human Capital invests primarily in Artificial Intelligence, Software and Health Care startups, most often at Series A and Seed stage. Most of the 177 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Human Capital invest in?

Human Capital typically joins rounds of $2.3M–$13M at Seed, $11M–$50M at Series A and $20M–$120M at Series B. These are whole funding-round sizes, not Human Capital's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Human Capital took part in.

How do I contact Human Capital?

Public channels for Human Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Human Capital?

The team at Human Capital includes Adelia Curtis Duarte (Talent Advisor & Head of Portfolio Operations), Baris Akis (Co-Founder, President and Managing Partner) and Armaan Ali (Co-Founder, CEO and Managing Partner). The Team section lists each member with their title, investment count and links.

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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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