D20 Capital
D20 Capital is a Silicon Valley-based venture capital firm founded in 2019 that invests in early-stage technology startups in traditional industries underserved by technology. Led by founder Jaewon Park, the firm backs a concentrated portfolio of ten companies and has realized exits via IPO and strategic acquisitions.
- Company typePrivate
- Founded2019
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What D20 Capital does
D20 Capital is a Silicon Valley-based venture capital firm founded in 2019 that invests in early-stage technology startups operating in traditional industries historically underserved by technology. The firm pursues a thesis-driven, concentrated investment approach with a lean team of fewer than ten professionals led by founder and general partner Jaewon Park, supported by COO Sang Kim and Chief of Staff HJ Kim. Its disclosed portfolio comprises ten companies spanning fintech (Robinhood, Kickoff), agricultural robotics (Bear Flag Robotics), construction technology (StructionSite), education security (Securly), consumer health and wearables (Prairie Health, Whoop), and other technology-enabled businesses (Cover, Linkedfield, Vidrovr). The firm has demonstrated notable exit success, with portfolio company Robinhood completing an IPO and Bear Flag Robotics, StructionSite, Securly, and Prairie Health each being acquired by strategic buyers (John Deere, DroneDeploy, Golden Gate Capital, and Carbon Health, respectively). D20 Capital's business model follows standard venture capital economics — generating returns through equity investments in early-stage companies and realizing gains via acquisitions and public market exits — though specific fund size, management fee structures, and committed capital are not publicly disclosed. The firm's investment discipline emphasizes concentrated bets on technology applications in non-traditional sectors, leveraging a network of strategic acquirers and repeat founder relationships to source and exit deals.
D20 Capital firmographics
Firmographics- Name
- D20 Capital
- Legal name
- D20 Capital
- Website
- https://d20cap.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- D20 Capital is a Silicon Valley-based venture capital firm founded in 2019 that invests in early-stage technology startups in traditional industries underserved by technology. Led by founder Jaewon Park, the firm backs a concentrated portfolio of ten companies and has realized exits via IPO and strategic acquisitions.
- Ownership category
- akta.pro rank
D20 Capital industry classification
Industry- Product category
- Venture Capital
- NAICS
- All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where D20 Capital is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
D20 Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
D20 Capital product offering
Product offeringCore offering
D20 Capital is a venture capital firm that invests in early-stage technology startups operating in traditional industries historically underserved by technology. The firm provides capital investment, strategic guidance, and operational support to portfolio companies across sectors including fintech, agricultural robotics, construction technology, fitness wearables, healthcare, and digital infrastructure. D20 Capital generates returns through equity exits, demonstrated by the Robinhood IPO and multiple strategic acquisitions of its portfolio companies.
Product overview
D20 Capital is a Silicon Valley-based venture capital firm that provides investment services to technology startups. Rather than offering a traditional product, the firm invests in and supports portfolio companies across various technology sectors including fintech, robotics, health tech, and digital infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Venture Capital Investment Services Early-stage venture capital investment, strategic guidance, and operational support provided to technology startups operating in traditional industries historically underserved by technology, including fintech, robotics, healthtech, construction technology, and digital infrastructure. Offered to founders and management teams of portfolio companies such as Robinhood, Bear Flag Robotics, Whoop, and others.
Companies that use D20 Capital
Customer profileSegments1 record
Ideal customer profiles1 record
D20 Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
D20 Capital partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights3 records
D20 Capital competitors and assessment
Company assessmentDirect peers
- Eniac Ventures: Eniac Ventures is a New York-based seed-stage venture firm investing in mobile, SaaS, and frontier technology startups. Comparable as a small, lead-seed focused VC with similar portfolio construction approach.
- Forerunner Ventures: Forerunner Ventures is a San Francisco-based early-stage venture capital firm focused on consumer commerce and technology-enabled brands. Comparable as a thesis-driven, early-stage consumer/internet investor.
- Uncork Capital: Uncork Capital (formerly SoftTech VC) is a seed-stage venture firm based in San Francisco investing in early-stage tech companies. Comparable in size, stage focus, and Silicon Valley operating model to D20 Capital.
- Costanoa Ventures: Costanoa Ventures is a Palo Alto-based early-stage venture capital firm investing in enterprise software, fintech, and consumer tech at seed and Series A. Comparable in geography, stage focus, and check size to D20 Capital.
- Cowboy Ventures: Cowboy Ventures is an early-stage venture capital firm founded by Aileen Lee, focused on seed and Series A investments in technology startups. Directly comparable as a small, thesis-driven seed/Series A firm.
- Maverick Ventures: Maverick Ventures is a venture capital firm investing in early-stage technology and life sciences companies. Comparable as a small, early-stage focused fund with a similar broad tech mandate.
- Lerer Hippeau: Lerer Hippeau is a New York-based early-stage venture capital firm with a similar lean team structure investing in seed and Series A technology startups across consumer, enterprise, and frontier verticals. Directly comparable in stage focus, fund size, and hands-on portfolio support model.
- Crosscut Ventures: Crosscut Ventures is a Los Angeles-based early-stage venture capital firm investing in technology startups across consumer, enterprise, and frontier categories. Comparable in fund size and stage focus, with a similar hands-on operating approach.
Broad incumbents
- Founders Fund: Founders Fund is a San Francisco-based venture capital firm investing in early-stage technology companies across a wide range of sectors. A much larger incumbent with overlapping investment activity but a broader mandate and significantly larger fund sizes.
- Khosla Ventures: Khosla Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology companies across enterprise, consumer, fintech, and health. A far larger incumbent operating in the same general early-stage tech investing space.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
D20 Capital social profiles
Digital presenceD20 Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
D20 Capital leadership team
Management profileNumber of profiles
Profiles3 records
D20 Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
D20 Capital M&A and investment
M&A and investmentM&A
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about D20 Capital
What does D20 Capital do?
D20 Capital is a venture capital firm that invests in early-stage technology startups operating in traditional industries historically underserved by technology. The firm provides capital investment, strategic guidance, and operational support to portfolio companies across sectors including fintech, agricultural robotics, construction technology, fitness wearables, healthcare, and digital infrastructure. D20 Capital generates returns through equity exits, demonstrated by the Robinhood IPO and multiple strategic acquisitions of its portfolio companies.
Is D20 Capital a public or private company?
D20 Capital is a private company. It is classified as unknown and is currently operating.
When was D20 Capital founded?
D20 Capital was founded in 2019. It employs 1 to 10 people.
Where is D20 Capital based?
D20 Capital is headquartered in San Francisco, United States, in the North America region.
Who are D20 Capital's main competitors?
Direct peers on record are Eniac Ventures, Forerunner Ventures, Uncork Capital, Costanoa Ventures, Cowboy Ventures, Maverick Ventures, Lerer Hippeau and Crosscut Ventures. Broad incumbents are Founders Fund and Khosla Ventures.
Does D20 Capital have an API?
No public API is recorded for D20 Capital.
What industry is D20 Capital in?
D20 Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 52399 and its SIC code is 6282.