VC firm
Right Side Capital Management
Also known as Peregrine Select, Peregrine Select Fund I, L.P., Peregrine Select Fund II, L.P., Right Side Capital Management, LLC
- Investor type
- Micro VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- San Francisco, CA, United States
- Founded
- 2012
- Assets under management
- $323MForm ADV private fund GAV, as of 2026-05-21Source (opens in a new tab)
- Funds
- 4
- Check size
- $150K to $300KSource (opens in a new tab)
- Legal name
- RIGHT SIDE CAPITAL MANAGEMENT, LLC
- rightsidecapital.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Portfolio page (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
Right Side Capital Management (RSCM) is a quantitative, data-driven Pre-VC / Pre-Seed investment firm founded in 2012 in San Francisco, investing in capital-efficient tech startups in the US and Canada. It typically writes $150K-$300K checks into $150K-$500K rounds at $1.5M-$4M valuations (with rare exceptions to $6M valuations and $1M rounds for exceptional traction), and has made 2,000+ investments across 8 funds with $250M+ AUM.
Investment approach
- Thesis
- We focus on companies raising small funding rounds because the professional investor world generally ignores this segment of the entrepreneurial ecosystem.Source (opens in a new tab)
- Leads rounds
- Yes
- Lead policy
- RSCM can lead Pre-VC and Pre-Seed rounds.
- Eligibility
- Coin/token offering or SAFT. A primary business model is crypto mining, issuing tokens, or minting NFTs Round size greater than $1M. (This is a hard limit. Our soft limit is $500k.) Minimum check size greater than $500k. (This is a hard limit. Our usual commitment is $150-300k.) Valuation/cap greater than $6M. (This is a hard limit. Our soft limit is $3M.) Previous outside investment greater than $500k total. Primary offering is at the idea, mockup, prototype, or pre-revenue MVP stage. Company is not doing any substantial engineering of its own. Product/service is pure e-commerce sales, an e-sports league, or an e-sports team. Product is a food, beverage, nutrition, beauty, or similar good. Company is based in Central Europe, Eastern Europe, Russia, Middle East (except Israel), Africa, India, South Asia, China, Southeast Asia, or South America
- Traction requirement
- Typical MRR at the time of investment is $5K–$30K+. We look for companies with a revenue-generating product and paying customers — founders who have validated their model, not just an idea.
- Investing status notes
- Portfolio page lists investments as recent as May 2026; FAQ describes an ongoing, currently operating investment process.
Funds
- Peregrine Select Fund II, L.P.
- $25MVintage 2021, Main fund, SEC amount sold
- Peregrine Select Fund I, L.P.
- Vintage 2018Main fund
- RSCM SPV - FORUM ACCELERATOR VI
- SPV
- BLUR RAVEN ELIFE TECH 1
- Main fund
SEC registration
- Registered adviser
- RIGHT SIDE CAPITAL MANAGEMENT, LLC
- CRD number
- 166062 (opens in a new tab)
- SEC file number
- 801-128414
- Registration
- SEC registered
- Regulatory AUM
- $347Mas of 2026-05-21
- Private funds reported
- 10
- Principal office
- SAN FRANCISCO, CA, United States
- SEC CIK
- 1749786, 1847568
Locations
- Headquarters
- San Francisco, CA, United States
Programs
- Founder community
- Events and Community (opens in a new tab)attend monthly webinars and virtual workshops, as well as in-person bootcamps, happy hours, and founder dinners