VC firm
Afore Capital
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.
- 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
- afore.vc (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Blog (opens in a new tab)
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
- CRD number
- 285601 (opens in a new tab)
- 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.