Leadout Capital is an early-stage venture capital fund headquartered in Portola Valley, California, founded in 2018 by Ali Rosenthal — an early Facebook business hire who drove growth of Facebook Mobile, later VP of Partnerships at Wealthfront, and previously of Goldman Sachs M&A and General Atlantic. The firm leads, co-leads, or takes a significant position in pre-seed and seed rounds, organizing its thesis around "founder-market fit": founders with a unique insight about a market, often born of the founding team's lived experience and their ability to build empathy with the customers they are innovating for. Leadout looks for products with strong network effects, unique data sets, organic and viral growth characteristics, great unit economics, and long-term defensibility. Its 46-company portfolio spans SaaS, vertical SaaS, marketplaces, healthcare, consumer and commerce, and infrastructure/developer tools, and includes Expo, Cloudsmith, Creatify AI, AtoB, R-Zero, Near Space Labs, Pavilion, Momentum, Axiom Cloud, and theCut. Leadout is a partner fund within Foundry Group's network-driven limited-partner model.
aid: leadout-capital
name: Leadout Capital
description: >-
Leadout Capital is an early-stage venture capital fund headquartered in Portola Valley, California,
founded in 2018 by Ali Rosenthal — an early Facebook business hire who drove growth of Facebook Mobile,
later VP of Partnerships at Wealthfront, and previously of Goldman Sachs M&A and General Atlantic. The
firm leads, co-leads, or takes a significant position in pre-seed and seed rounds, organizing its thesis
around "founder-market fit": founders with a unique insight about a market, often born of the founding
team's lived experience and their ability to build empathy with the customers they are innovating for.
Leadout looks for products with strong network effects, unique data sets, organic and viral growth
characteristics, great unit economics, and long-term defensibility. Its 46-company portfolio spans SaaS,
vertical SaaS, marketplaces, healthcare, consumer and commerce, and infrastructure/developer tools, and
includes Expo, Cloudsmith, Creatify AI, AtoB, R-Zero, Near Space Labs, Pavilion, Momentum, Axiom Cloud,
and theCut. Leadout is a partner fund within Foundry Group's network-driven limited-partner model.
image: https://cdn.prod.website-files.com/671d7b0f53de4694d54cd93d/67378c36718e66d884cdc39a_Logo.png
url: https://raw.githubusercontent.com/api-evangelist/leadout-capital/refs/heads/main/apis.yml
x-type: venture-capital
x-category: Venture Capital
x-source: vc-portfolio
x-backed-by:
- foundry-group
specificationVersion: '0.20'
created: '2026-07-17'
modified: '2026-07-19'
tags:
- Venture Capital
- Pre-Seed
- Seed
- Early Stage
- Founder-Market Fit
- SaaS
- Vertical SaaS
- Marketplace
- Healthcare
- Developer Tools
- Portola Valley
- California
- North America
apis: []
common:
- type: Website
url: https://www.leadoutcapital.com
- type: About
url: https://www.leadoutcapital.com/about-us
- type: Portfolio
url: https://www.leadoutcapital.com/portfolio
- type: Portfolio
url: portfolio/leadout-capital-portfolio.yml
- type: Team
url: https://www.leadoutcapital.com/team
- type: Team
url: team/leadout-capital-team.yml
- type: Blog
url: https://leadoutcapital.medium.com/
- type: BlogRSS
url: https://leadoutcapital.medium.com/feed
- type: Jobs
url: https://jobs.leadoutcapital.com/jobs
- type: LinkedIn
url: https://www.linkedin.com/company/leadout-capital/
- type: Twitter
url: https://x.com/leadoutcapital
- type: Email
url: mailto:grit@leadoutcapital.com
- type: DomainSecurity
url: security/leadout-capital-domain-security.yml
- type: LLMsTxt
url: llms/leadout-capital-llms.txt
- type: Leads
url: leads/leadout-capital-new-company-leads.yml
- type: Features
data:
- 'Stage: Pre-seed and seed; leads, co-leads, or takes a significant position in the round'
- 'Thesis: founder-market fit — unique market insight born of the founding team''s lived experience'
- 'Preferred traits: network effects, unique data sets, organic/viral growth, strong unit economics, long-term defensibility'
- 'Sectors: SaaS, Vertical SaaS, Marketplace, Healthcare, Consumer & Commerce, Infra / Developer Tools'
- 'Portfolio: 46 companies — 32 active, 8 acquired, 6 inactive (as published)'
- 'Founded: 2018 by Ali Rosenthal'
- 'HQ: Portola Valley, California, USA'
- 'Network: partner fund in Foundry Group''s limited-partner network'
- 'API surface: none — no public API, OpenAPI, SDK, or developer portal published'
sources:
- https://www.leadoutcapital.com/
- https://www.leadoutcapital.com/about-us
- https://www.leadoutcapital.com/portfolio
- https://www.leadoutcapital.com/team
updated: '2026-07-19'
maintainers:
- FN: Kin Lane
email: kin@apievangelist.com
url: https://apievangelist.com
- FN: APIs.json
email: info@apis.io
url: http://apisjson.org
- FN: Leadout Capital
url: https://www.leadoutcapital.com
x-enrichment:
date: '2026-07-19'
status: backfilled
pass: local-v1
note: backfilled from .gitignore signal + verified work evidence