Per Capita
- Company typePrivate
- Founded2023
- HeadquartersBoston, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Per Capita does
Per Capita is a venture capital firm founded in 2023 and headquartered in Boston, Massachusetts, that invests in early-stage ed-tech startups. The firm operates with a small team of 1-10 employees and, based on available firmographic data, appears to be an angel-to-early-stage vehicle deploying capital into education technology companies at their formative stage.
The firm is associated with Rishab Jain, whose broader investment activity — conducted with his brother from personal funds — extends well beyond ed-tech into neurotech, healthtech, AI, micro SaaS, and bootstrapped small businesses via $50-100K personal checks. In parallel, Rishab Jain operates a non-dilutive micro-grant program of $100-$1,000 for student builders, with over $10,000 disbursed to date through a Discord-based community. This personal activity sits alongside the Per Capita mandate and may serve as a sourcing funnel, though no portfolio companies, LP base, fund size, or management team beyond the founder are disclosed in the input.
The underlying technology, proprietary underwriting process, and platform architecture are not described. There is no disclosed business model beyond capital deployment: no management-fee structure, carried-interest terms, fund vintage, or AUM are provided, and revenue data is absent. The firm's go-to-market motion appears to founder-led, with deal sourcing concentrated through the principal's personal network, prior venture (Qurios Ventures, an education consulting company built and exited at Harvard), and student-builder community channels.
Per Capita firmographics
Firmographics- Name
- Per Capita
- Website
- https://rishabjaink.com
- Company type
- Private
- Founded year
- 2023
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Per Capita industry classification
Industry- Product category
- Venture Capital
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Micro-PE / Lower Middle Market ETA Funds (FSANALAG)
Keywords
Where Per Capita is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Markets served
Per Capita business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Marketing or Sales, Personnel
Per Capita product offering
Product offeringCore offering
Per Capita is a small, founder/family-operated investment entity that deploys $50-100K personal checks from Rishab Jain and his brother into early-stage startups, with stated focus on neurotech, healthtech, AI, micro SaaS, and bootstrapped small businesses that traditionally lack access to outside capital. The firm also runs a separate $100-1,000 non-dilutive micro-grant program for student builders, having issued over $10K in such grants to date.
Differentiator
Problem solved
Functional benefit
Products and services
- Early-stage startup investment ($50-100K checks) $50-100K checks from personal/family funds into early-stage startups in neurotech, healthtech, AI, micro SaaS, and bootstrapped small businesses that traditionally do not receive outside capital.
- Student builder micro grants ($100-1,000) Non-dilutive $100-1,000 micro grants given personally by Rishab Jain to student builders working on science/tech projects, sourced through his Discord community (discord.gg/rjain). Over $10K has been granted to date.
Companies that use Per Capita
Customer profileIdeal customer profiles3 records
Per Capita technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Per Capita partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
Per Capita competitors and assessment
Company assessmentDirect peers
- Work-Bench: A seed-stage venture fund focusing on enterprise software with a small, operator-driven team; analogous to Per Capita's compact, thesis-led model.
- Hustle Fund: A pre-seed and seed micro-VC writing small checks across AI, SaaS, and consumer; comparable to Per Capita in check size discipline and category breadth.
- Pioneer Fund: A pre-seed/seed micro-VC with a strong AI and deep-tech orientation, comparable to Per Capita's stated concentration in AI and neurotech.
- The Fund: A syndicate-driven early-stage fund writing small checks into a large volume of pre-seed startups; similar cadence and check-size economics to Per Capita.
- Bonfire Ventures: An early-stage consumer and enterprise software seed fund writing small, founder-led checks; comparable stage and personal-capital approach to Per Capita.
- BBG Ventures: An early-stage seed fund writing small initial checks into technical and consumer-internet startups, similar in stage and personal-relationship investing style.
- Susa Ventures: An early-stage micro-VC backing technical founders in frontier software and AI; similar fund size and stage to Per Capita's thesis on AI/neurotech.
- Contrary Capital: A student-led venture fund and angel network that invests personal checks from operators in early-stage technical founders; closely matches Per Capita's micro-check, founder-led model and student-builder focus.
Broad incumbents
- Lerer Hippeau: An established seed-stage venture firm backing early consumer and software startups; broader portfolio but overlapping on early-stage check size and tech focus.
Emerging players
- Form Capital: An emerging AI-focused micro-VC making small initial checks into early-stage AI startups; partially overlapping with Per Capita's AI thesis.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Per Capita financial estimates
Financial estimateRevenue estimate
Valuation estimate
Per Capita leadership team
Management profileNumber of profiles
Profiles1 record
Per Capita funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Per Capita M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Per Capita
What does Per Capita do?
Per Capita is a small, founder/family-operated investment entity that deploys $50-100K personal checks from Rishab Jain and his brother into early-stage startups, with stated focus on neurotech, healthtech, AI, micro SaaS, and bootstrapped small businesses that traditionally lack access to outside capital. The firm also runs a separate $100-1,000 non-dilutive micro-grant program for student builders, having issued over $10K in such grants to date.
When was Per Capita founded?
Per Capita was founded in 2023. It employs 1 to 10 people.
Where is Per Capita based?
Per Capita is headquartered in Boston, United States, in the North America region.
Who are Per Capita's main competitors?
Direct peers on record are Work-Bench, Hustle Fund, Pioneer Fund, The Fund, Bonfire Ventures, BBG Ventures, Susa Ventures and Contrary Capital. Lerer Hippeau is listed as a broad incumbent. Form Capital is listed as an emerging player.
Does Per Capita have an API?
No public API is recorded for Per Capita.
What industry is Per Capita in?
Per Capita's product category is Venture Capital. Its primary akta.pro industry code is FSANALAG, Micro-PE / Lower Middle Market ETA Funds. Its SIC code is 6799.