Lateral Capital
Overview
Lateral Capital is a micro venture capital limited partnership founded in 2003 and located in Sarasota, Florida. The firm invests in early-stage companies across the United States, having backed more than 100 companies since its inception. Its investment criteria focus on companies with a completed product, proprietary technology, and a clear path to a strategic exit within 5-7 years. Lateral Capital invests across a wide range of sectors, including health care, industrial products, B2B software, and technology-enabled services, but avoids distribution-driven categories like food and beverage. The firm is managed by founder John Lilly and is currently investing out of its sixth fund, as well as a new fund launched in 2024, the Lateral Capital Opportunity Fund, LP.
Portfolio Companies
22
Website
lateralcapital.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Gopher AI | May 2022 | Pre Seed | Co-investor |
| Masa | May 2022 | Pre Seed | Co-investor |
| EarthGrid | Oct 2023 | Seed | Co-investor |
| Pngme | Aug 2021 | Series A | Co-investor |
| Steelhead Composites | Jul 2023 | Growth Equity | Co-investor |
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Key People
Rob Eloff
Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Lateral Capital based?
Lateral Capital is headquartered in Sarasota, Florida, United States.
When was Lateral Capital founded?
Founding year information for Lateral Capital is not publicly available.
How many portfolio companies does Lateral Capital have?
Lateral Capital has 22 portfolio companies in Caplight's dataset.
What are some companies in Lateral Capital's portfolio?
Portfolio companies visible on Caplight include Gopher AI, Masa, EarthGrid, Pngme, Steelhead Composites.
What was Lateral Capital's most recent investment shown here?
Lateral Capital's most recent investment in this portfolio sample was in EarthGrid in 2023.
What sectors does Lateral Capital focus on?
Lateral Capital focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, FinTech, FinTech, Telecommunications & Networking, Healthcare & Life Sciences, Enterprise Software, FinTech, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, FinTech, Frontier & Industrial Tech, FinTech, Real Estate & PropTech, Energy & Sustainability, Consumer & Commerce, FinTech, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Crypto & Web3, Crypto & Web3, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, FinTech, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Media, Entertainment & Gaming, Frontier & Industrial Tech, Enterprise Software, Enterprise Software.
What company stages does Lateral Capital focus on?
Lateral Capital typically invests at the Early stage.
What is Lateral Capital's AUM?
Lateral Capital's assets under management are estimated between $20.6M and $20.6M.