VC firm
Stage 2 Capital
Also known as Stage 2 Capital Fund, Stage 2 Capital Fund II A, Stage 2 Capital Fund II-A, L.P., Stage 2 Capital Fund III A, Stage 2 Capital Fund III-A, LP, Stage 2 Capital Fund IV A, Stage 2 Capital Fund IV-A, LP, Stage 2 Capital Growth Series LLC Series SIA
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- LINCOLN, MA, United States
- Founded
- 2018
- Assets under management
- $354MForm ADV private fund GAV, as of 2026-07-13Source (opens in a new tab)
- Latest fund size
- $15.5MSEC amount sold, as of 2022-05-01Source (opens in a new tab)
- Funds
- 30
- Check size
- $200K to $5MSource (opens in a new tab)
- Legal name
- STAGE 2 CAPITAL ADVISORS, LLC
- stage2.capital (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Blog (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
Stage 2 Capital is a venture capital fund led and backed by 1,000+ go-to-market executives from companies including Anthropic, Databricks, OpenAI, Salesforce, Snowflake and HubSpot. The fund writes $200K-$5M checks into pre-seed to Series A B2B software and AI startups, pairing capital with go-to-market expertise.
Investment approach
- Thesis
- Go-to-market is the hardest problem in early-stage software. It means finding product-market fit, positioning your product, building a sustainable sales engine, and growing the customers you win. It's the work that makes or breaks a company, and it's consistently underestimated. We built Stage 2 Capital to change that. Every investment pairs two partners: one partner with deep VC and finance experience, and one who has built, run, and scaled go-to-market teams as an operator. Behind them sits an LP network of 1,000+ GTM executives from the leading tech companies in the world. This network is actively engaged with the portfolio - they will take a call, make an introduction, or act as an advisor to ensure we’re delivering against our promise to provide GTM support throughout the company-building journey. Our approach is rooted in the Science of Scaling, a methodology that turns a company's own data into answers to the two hardest GTM questions: when to scale, and how fast.Source (opens in a new tab)
- Leads rounds
- Sometimes
- Lead policy
- Yes. Stage 2 Capital leads, co-leads, or follows, depending on what's right for the company and the round.
- Takes board seats
- Sometimes
- Board policy
- Yes, but a board seat is not a requirement. The level of board involvement depends on the stage, ownership level and structure of the investment.
- Eligibility
- Stage 2 Capital invests in early-stage B2B software and AI companies, from pre-seed through Series A.
- Investing status notes
- We invest $200K–$5M in B2B software and AI companies from pre-seed to Series A
Funds
- Stage 2 Capital Fund IV-A, LP
- Vintage 2024Main fund
- Stage 2 Capital Fund IV, LP
- Vintage 2024Main fund
- Stage 2 Capital Fund III-A, LP
- $134MVintage 2022, Main fund, SEC amount sold
- Stage 2 Capital Fund III, LP
- $15.5MVintage 2022, Main fund, SEC amount sold
- Stage 2 Capital SPV SIA III, LP
- $1.8MVintage 2022, Main fund, SEC amount sold
- Stage 2 Capital SPV GIG, LP
- $895KVintage 2022, Main fund, SEC amount sold
- Stage 2 Capital SPV Growth Series LLC - Series Order.co
- Vintage 2022Main fund
- Stage 2 Capital SPV Growth Series LLC - Series Negotiatus
- $15MVintage 2021, SPV, SEC amount sold
- Stage 2 Capital Growth Series LLC - Series SIA
- $5MVintage 2021, SPV, SEC amount sold
- Stage 2 Capital SPV SIA II, LP
- $1.6MVintage 2021, Main fund, SEC amount sold
- Stage 2 Capital SPV SD, LP
- $1MVintage 2021, Main fund, SEC amount sold
- STAGE 2 CAPITAL SPV MP, LP
- $1MVintage 2021, Main fund, SEC amount sold
- More funds
- 18 more recorded
SEC registration
- Registered adviser
- STAGE 2 CAPITAL ADVISORS, LLC
- CRD number
- 314199 (opens in a new tab)
- SEC file number
- 802-130173
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $354Mas of 2026-07-13
- Private funds reported
- 19
- SEC CIK
- 1756267, 1796926, 1808741
Programs
- Newsletter
- GTM AI Newsletter (opens in a new tab)