- Raised $200M Undisclosed Round, Mar 2023
About
Torch Capital is a New York-based early-stage venture capital firm founded in 2018, specializing in tech-enabled consumer brands and platforms. The firm focuses on investing in mission-driven companies that enhance accessibility, transparency, and convenience for consumers. Torch Capital's portfolio includes notable companies such as Ro (Roman), Acorns, Highsnobiety, Tia, Naadam, Rho Banking, Sollis Health, and Lili Bank. The firm has raised over $400 million in assets under management, with its second fund closing in March 2023 with over $200 million in new capital. Torch Capital is backed by prominent figures including Silas Chou, James Murdoch, Bob Pittman, Bob Hurst, Brynn Putnam, Diplo, and Jenny Fleiss. They invest in consumer platforms, products, and services from healthcare, fintech, and food & beverage, to digital media, e-commerce, and marketplaces.
Portfolio
Investment activity
Portfolio by sector
Q&A
- What is Torch Capital's primary investment focus by sector?
- Torch Capital shows a concentration in Fintech & Insurtech and Retail Platforms, with one portfolio company in each sector.
- Can you name some of Torch Capital's notable portfolio companies?
- Torch Capital's portfolio includes Lili, a financial technology platform, and gettacar, an online platform for used cars.
- What was Torch Capital's most recent investment activity?
- Torch Capital made investments in June, October, and December of 2020.
- What was the last disclosed funding round for portfolio company Lili?
- Lili raised an $80M Series B round.
- What was the last disclosed funding round for portfolio company gettacar?
- Gettacar raised a $49M Series B round.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 2018 |
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