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Afore Capital

Kingmaker TierBased on the data VC Catalog holds.

Kingmaker Tier: 97 out of 100

Also known as Afore Capital II, L.P., Afore Capital III, L.P., Afore Capital IV, L.P., Afore Capital SPV C LP Sub partnership, Afore Capital SPV-C, L.P. - Sub-partnership 1, Afore Capital V, L.P., Afore Capital, L.P.

  • Generalist (firms only)
  • Pre seed
  • VC
  • B2B
  • B2C
Investor type
VC
Investing status
Activeas of 2026-09-17Source (opens in a new tab)
Headquarters
SAN FRANCISCO, CA, United States
Assets under management
$500MStated by firm, as of 2026-09-17Source (opens in a new tab)
Latest fund size
$175MForm ADV gross asset value, as of 2021Source (opens in a new tab)
Funds
22
Check size
$500k - $2M+Source (opens in a new tab)
Legal name
Afore Capital Management, LLC
Claim, correct or request removal

Record updated 29 September 2026

About

We’re a $500M fund investing $500k - $2M+ with high conviction in pre-traction, pre-everything companies!

Investment approach

Thesis
People Before Ideas. No traction, no idea — no problem. We invest in you.Source (opens in a new tab)
Eligibility
Afore’s FIR program is for technical builders with a bias for speed. You’re likely a fit if you have 2+ years of work experience, are validating ideas against real customer opportunities, and are ready to leave, or recently left, your job to build full-time.
Traction requirement
No traction, no idea — no problem. We invest in you.
Investing status notes
We invest on a rolling basis year-round.

Funds

Afore Capital V, L.P.
Vintage 2026Main fund
Afore Capital SPV-C, L.P. - Sub-partnership 1
$500KVintage 2024, SPV, SEC amount sold
Afore Capital IV, L.P.
Vintage 2024Main fund
Afore Capital III, L.P.
Vintage 2021Main fund
Afore Capital II, L.P.
$78.1MVintage 2019, SPV, SEC amount sold
Afore Capital, L.P.
$45.9MVintage 2016, Main fund, SEC amount sold
ACSA BU HOLDING LLC
Main fund
AFORE CAPITAL - MODERN HEALTH SERIES D, LP
Main fund
AFORE CAPITAL - PETAL SERIES D FUND, LP
Main fund
AFORE CAPITAL SPV-C, LP
SPV
AFORE OVERTIME SPV, LP
SPV
AFORE CAPITAL IV, LP
Main fund
More funds
10 more recorded

SEC registration

Registered adviser
AFORE CAPITAL MANAGEMENT, LLC
SEC file number
802-110177
Registration
Exempt reporting adviser
Regulatory AUM
$732Mas of 2026-03-24
Private funds reported
17
Principal office
SAN FRANCISCO, CA, United States
SEC CIK
1681961, 1768397, 1884285

Locations

Office
San Francisco

Programs

Fellowship
Founders-in-Residence Program (opens in a new tab)Lock in for 2 months alongside 10 teams of ambitious peers.
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