What Innovating Capital does

Innovating Capital is a privately held venture capital firm founded in 2017 and headquartered in New York, with an additional office in Greenwich, Connecticut. The firm positions itself as a "founder first" deep-technology investor, deploying capital into early-stage startups across cybersecurity, fintech, Web3/blockchain, AI/ML, healthcare, and consumer technology. Featured portfolio companies include Strata (multi-cloud identity security), ORCA Computing (photonic quantum computing), ImperativeX (AI-driven trading optimization), Injective (blockchain infrastructure), Pastel Network, and Intelas (CRE data platform). The firm has accumulated 50+ portfolio companies since inception.

The firm generates returns through managing venture capital investments, with economics derived from portfolio company exits (acquisitions and IPOs) and ongoing portfolio value appreciation. Beyond capital, Innovating Capital provides portfolio companies with a documented "platform" of value-add services: operations support, marketing/PR assistance, talent recruiting, business development introductions, and capital markets advisory. Deal flow is sourced through GP domain expertise, founder networks, and industry connections; the firm does not charge SaaS or licensing fees and has no disclosed revenue or AUM.

Innovating Capital is co-led by General Partners Anthony Georgiades (co-founder of Pastel Network, with prior investments in Cohesity, Injective, ORCA Computing, and Strata) and Pen King (with prior investments in Cybin, Policygenius, and Silversheet). Recent disclosed lead investments include a $10 million Series A in Tie (AI identity network) in September 2025 and a $5 million strategic seed in DigitalXForce (AI-native GRC) in January 2026, which valued that portfolio company at $100 million. The firm maintains thought-leadership through its blog, press page, and contributions to Forbes Finance Council, with media appearances on CNBC, Fox Business, and CoinDesk TV.

Name

Innovating Capital

Legal name

Innovating Capital

Website

https://innovating.capital

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Innovating Capital is a New York-based venture capital firm founded in 2017 that invests in early-stage deep-technology startups across cybersecurity, fintech, Web3, AI/ML, and healthcare, providing portfolio companies with capital, operational support, and industry network access.

Ownership category

akta.pro rank

Product category

Venture Capital / Private Equity

NAICS

All Other Financial Investment Activities (52399), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investors, Nec (6799)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Venture capital investing
• Deep tech investments
• Early-stage startup funding
• Technology equity investment
• Startup portfolio management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management and Investment Returns: Innovating Capital generates returns through managing venture capital investments in deep technology startups. The firm invests in early-stage companies across sectors including cybersecurity, fintech, AI/ML, Web3, healthcare, and consumer. Revenue is derived from portfolio company exits, including acquisitions and IPOs, as well as ongoing portfolio value appreciation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Innovating Capital is a venture capital firm that makes early-stage equity investments in deep technology startups across sectors including cybersecurity, fintech, AI/ML, Web3, healthcare, insurtech, and consumer. In addition to capital, the firm provides portfolio companies with value-add platform services spanning operations support, marketing/PR, recruiting, business development introductions, and capital markets advisory.

Product overview

Innovating Capital is a venture capital firm specializing in deep technology investments. Rather than offering a unified software product or platform, the firm provides a suite of value-add services to its portfolio companies including operational support, marketing/PR assistance, talent recruitment, business development introductions, capital markets advisory, and network access. The company features portfolio firms across sectors including cybersecurity (Strata), deep tech (ORCA Computing), fintech (ImperativeX), and web3/blockchain (Injective, Pastel Network) on its public website.

Differentiator

Problem solved

Functional benefit

Products and services

• Operations Support

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Pantera Capital: Long-standing crypto- and blockchain-focused venture firm. Highly comparable to Innovating Capital's deep Web3/crypto portfolio weighting and early-stage thesis.
• Multicoin Capital: Thesis-driven crypto/Web3 venture fund. Overlaps with Innovating Capital on blockchain infrastructure bets such as Injective and Pastel-style protocols.
• Paradigm: Crypto-native investment firm backing category-defining Web3 protocols. Comparable to Innovating Capital on the Web3 / frontier-tech side of the portfolio.
• Galaxy Ventures: Galaxy Digital's venture arm investing in early-stage Web3 and fintech. Comparable early-stage, sector-specialist positioning.
• Blockchain Capital: Dedicated blockchain venture fund with deep portfolio in crypto infrastructure. Closely comparable focus on Web3 protocol and infrastructure investing.

Broad incumbents

• Andreessen Horowitz (a16z): Mega-fund with a dedicated crypto fund and broad deep-tech/AI coverage. A benchmark competitor for the same founder pool despite much larger AUM.
• General Catalyst: Large multi-stage VC with deep fintech, cybersecurity and healthcare exposure. Competes with Innovating Capital across most of its core verticals.
• Bessemer Venture Partners: Heritage multi-stage firm with significant fintech and cybersecurity portfolios. Comparable sector coverage with much greater AUM and follow-on capacity.

Emerging players

• Distributed Global: Early-stage Web3-focused fund. Comparable emerging player in the same niche with similar check sizes and stage focus.
• Alliance (formerly Alliance DAO): Web3-native accelerator and early-stage investor. Comparable emerging player focused on founder-first crypto/AI deal flow.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/innovating-capital
• Xx.com/InnovatingCap

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments58 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innovating Capital