What Interlock Capital does

Interlock Capital, LLC is a privately held, community-driven angel syndicate and venture fund founded in 2020 and based in San Diego/Encinitas, California. The firm operates two parallel vehicles: (1) an angel syndicate on its self-service platform at app.interlock.capital, which allows accredited and non-accredited individuals to invest alongside a network of 366+ Venture Partners (founders, operators, angels, and subject matter experts) at check sizes ranging from $1,000 to $100,000+ per deal; and (2) Fund I, a $10M target venture fund launched in early 2022 with ~$3M committed at first close, offering LPs traditional managed-fund exposure.

The underlying technology is a custom-built investment platform handling deal-flow management, deal-memo distribution, diligence team credentials display, document signing, and funding execution via ACH or wire transfer directly from a mobile device. The platform's core architectural choice is friction reduction at the investor edge rather than algorithmic decision-making. As of the most recent data, Interlock has deployed approximately $8.3M across 45 investments into 35 portfolio companies with a $150K median check size and a 1.4-month average cadence between investments.

The business model generates revenue through (a) management fees on Fund I capital under management, (b) syndication/platform fees on individual angel deals, and (c) carried interest on successful exits across both vehicles. Go-to-market is community-led: content marketing, the Tacos and Tech podcast, weekly Clubhouse sessions, the annual Interlock Summit, and ecosystem partnerships with Techstars, Startup San Diego, Connect, SDSU, and REC Innovation Lab drive both deal sourcing (47% of deals come from VP network referrals) and LP/founder acquisition. Primary customer segments are new and seasoned angel investors, LPs in Fund I, subject-matter expert contributors, and early-stage startup founders.

Name

Interlock Capital

Legal name

Interlock Capital, LLC

Website

https://interlock.capital

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Interlock Capital is a San Diego-based community-driven angel syndicate and venture fund that lets individual investors participate in startup rounds from $1,000 alongside a network of 366+ Venture Partners, while also managing Fund I ($10M target) for limited-partner exposure.

Ownership category

akta.pro rank

Product category

Angel Investing / Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Angel syndicate investing
• Community venture capital
• Startup investment platform
• Venture fund management
• Early stage startup funding

Headquarters

HQ city

Encinitas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Angel Syndicate Investment Management: Manages pooled capital from Venture Partners to invest in startups. Investors contribute varying amounts ($1,000 to $100,000+ per deal) and Interlock earns fees and carry on successful exits.
2. Venture Fund Management: Raising and managing a $10M venture fund (Fund I) with LPs. First close achieved in February 2022 with approximately $3M committed. Operating capital of $2M raised for team and operations scaling.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Interlock Capital operates a community-driven angel syndicate and venture capital fund that enables individual investors to participate in startup investing with minimum checks as low as $1,000 per deal. Investors access curated deal flow, diligence team credentials, and a self-service platform to fund via ACH or wire directly from their phone, while Fund I provides a traditional $10M venture fund structure for limited partners. The platform aggregates capital from a network of 366+ Venture Partners (founders, operators, angels, SMEs) who collectively find, evaluate, fund, and support portfolio companies.

Product overview

Interlock Capital operates as a community-driven angel syndicate and venture capital fund that enables individual investors of all budgets to participate in startup investing. The core offering is their investment platform (app.interlock.capital) which provides investors access to curated deal opportunities, transparent deal memos, diligence team details, and a streamlined investment process. The platform supports investments ranging from $1,000 to $100,000 per deal, allowing investors to build diversified portfolios. Interlock also manages Fund I, a $10M venture fund for limited partners seeking traditional VC exposure alongside the syndicate model.

Differentiator

Problem solved

Functional benefit

Products and services

• Interlock Capital Investment Platform Mobile-first, self-service investment platform (app.interlock.capital) enabling accredited and non-accredited individual investors to review deal memos, examine diligence team backgrounds, ask questions, sign documents, and fund startup investments via ACH or wire directly from their phone within minutes. Supports individual deal-by-deal investing from $1,000 to $100,000+.
• Interlock Capital Fund I (Venture Fund) A $10M traditional venture fund (Fund I) for limited partners (HNWIs and institutional investors) providing diversified exposure to early-stage startups across industries, stages, and geographies, operated in parallel with Interlock's syndicate vehicles.
• Community Angel Syndicate Community-driven angel investing syndicate where hundreds of Venture Partners collectively find, evaluate, fund, and support portfolio companies, with per-deal checks from $1,000 to $100,000+.

Quantifiable outcome

• 45 investments made into 35 companies with $8.3M deployed
• +3 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and minor.

• TechstarscoreStrategic or Co-development PartnerAl Bsharah graduated from Techstars accelerator program. Interlock has collaborated with Techstars for events and ecosystem building, including speaking engagements with Techstars Anywhere Managing Director Ryan Kuder.
• Startup San DiegocoreStrategic or Co-development PartnerKey ecosystem partner for San Diego startup community. Neal Bloom serves/served as Chair Emeritus. Co-hosted events, startup week, and community building initiatives.
• San Diego State University (SDSU)minorStrategic or Co-development PartnerPartnership for startup ecosystem development. Dr. Hala Madanat, VP Research and Innovation at SDSU, spoke at Interlock Summit 2023 about elevating San Diego's startup community.
• REC Innovation Lab (Miramar College)minorStrategic or Co-development PartnerAl Bsharah gave fundraising workshops to founders at the REC Innovation Lab, a community business incubator dedicated to diversity, equity, and inclusion.
• EvonexusminorStrategic or Co-development PartnerSan Diego-based incubator where Neal Bloom's previous company Portfolium was accepted and incubated.
• Connect (San Diego)coreStrategic or Co-development PartnerSan Diego's technology business accelerator and investment network. Collaborated on Q3 2021 San Diego Venture Report. Mike Krenn and Matt Kroe of Connect contributed data for venture reporting.
• Fresh Brewed TechminorStrategic or Co-development PartnerNeal Bloom built a multi-city media company focused on the SoCal tech ecosystem. Podcast and content collaboration for startup community amplification.

Scale indicators15 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• AngelList (now AngelList Venture / AngelList Talent): AngelList pioneered online angel syndication and rolling funds, letting individuals invest small amounts alongside leads. It is the closest direct peer to Interlock's syndicate-plus-fund model, with far greater scale and tooling.
• Republic: Republic is a leading retail-accessible private investing platform offering both startup equity and syndicated deals with low minimums. Competes directly with Interlock for both individual investors and early-stage deal flow.
• Wefunder: Wefunder enables community-driven startup investing under Reg CF/A+/D with low minimums and broad investor bases. Directly comparable to Interlock's accessible, community-led model.
• SeedInvest: SeedInvest operates a curated startup investing platform with syndicate and fund structures for accredited and retail investors. Comparable in offering mix, though with a more selective deal pipeline.
• StartEngine: StartEngine is a large Reg CF/A+ equity crowdfunding platform with both syndicates and company raises. Comparable low-minimum, community-driven investing model targeting similar retail/accredited investors.
• FundersClub: FundersClub runs online venture funds and syndicate-style investments with low minimums. Operates in the same online-first micro-VC/syndicate niche as Interlock.
• MicroVentures: MicroVentures is an online venture platform offering both fund vehicles and direct startup investing with low minimums, overlapping significantly with Interlock's syndicate + fund structure.

Regional players

• Tech Coast Angels: Tech Coast Angels is one of the largest US angel networks, focused on Southern California. Neal Bloom was previously a member; it serves as a traditional regional angel-group analog to Interlock's syndicate model.

Broad incumbents

• Alumni Ventures Group: Alumni Ventures Group is the most active micro-VC in the US, running dozens of alumni-themed funds. Comparable in deploying small checks across many portfolio companies but at materially greater scale and institutional breadth.

Others

• Connect (San Diego): Connect is a San Diego tech accelerator and investor network that publishes the SD Venture Report and collaborates with Interlock. Adjacent ecosystem participant rather than a direct competitor, but comparable in regional deal-flow facilitation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/InterlockCap
• YouTubeyoutube.com/@interlockcapital6828
• LinkedInlinkedin.com/company/Interlock-Capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments4 records

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

Frequently asked questions about Interlock Capital