VC firm
Acequia Capital New Industrials
Also known as Acequia Capital, Acequia Capital AB, Acequia Capital AB LP, Acequia Capital ClassPass, Acequia Capital ClassPass LLC, Acequia Capital CP, Acequia Capital CP III LLC, Acequia Capital CP IV LLC
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- SEATTLE, WA, United States
- Founded
- 2010
- Assets under management
- $408MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Latest fund size
- $70MSEC amount sold, as of 2025Source (opens in a new tab)
- Funds
- 22
- Legal name
- Acequia Capital New Industrials
Record updated 29 September 2026
About
Acequia Capital is an early-stage global investment platform founded in 2010 by former Microsoft executive Hank Vigil. It has invested in more than 350 technology companies and provides capital plus operating experience in product/technology strategy and business model/go-to-market execution. Its portfolio spans AI & Machine Learning, Commerce, New Industrials, Infrastructure, Logistics, Life Sciences, Gaming & Expression, Software & Knowledge Worker Tooling, and Financial Technology.
Investment approach
- Thesis
- We provide more than initial risk capital: We are deeply experienced industry operators who offer trusted advice on product roadmap & technology strategy as well as business model & GTM execution. Founders have come to seek out the "Acequia Capital" difference.Source (opens in a new tab)
- Investing status notes
- "Acequia Capital now centers a global innovation ecosystem that sources and attracts best-in-class founders..." (about page, present tense, no closure notice found)
Funds
- Acequia Capital AB LP
- $2.6MVintage 2026, Main fund, SEC amount sold
- Acequia Capital Origin SBIC LP
- $70MVintage 2025, Main fund, SEC amount sold
- Acequia Capital Origin SP I LP
- $1.2MVintage 2024, Main fund, SEC amount sold
- Acequia Capital Rainmaker LP
- $1MVintage 2024, SPV, SEC amount sold
- Acequia Capital Origin LP
- $42.3MVintage 2023, Main fund, SEC amount sold
- Acequia Capital ISM Atomic Industries LP
- Vintage 2023Main fund
- Acequia Capital Origin 22 LP
- Vintage 2022Main fund
- ACEQUIA CAPITAL ORIGIN 21 LP
- $10.5MVintage 2021, Main fund, SEC amount sold
- ACEQUIA CAPITAL SUPERSIDE LP
- Vintage 2021Main fund
- Acequia Capital Flx II LLC
- $4MVintage 2019, SPV, SEC amount sold
- Acequia Capital CP IV LLC
- $3.6MVintage 2017, SPV, SEC amount sold
- Acequia Capital CP III LLC
- $2.6MVintage 2016, SPV, SEC amount sold
- More funds
- 10 more recorded
SEC registration
- Registered adviser
- ACEQUIA CAPITAL MANAGEMENT LLC
- CRD number
- 176533 (opens in a new tab)
- SEC file number
- 802-96204
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $408Mas of 2026-03-31
- Private funds reported
- 17
- SEC CIK
- 1552741, 1617507, 1655064