3 Unicorns Later - CapitalX Fund Page

  • I’ve seeded more than 100 startups that have raised $7B+ follow-on VC funding with combined valuations of $30B+. The $7M initial capital is worth about $50M today without active portfolio management.
  • In particular, I’ve directly invested in 11 startups on YC’s top 100. Note: YC isn’t my only deal source for CapitalX but this shows you my high hit rate.
  • I shared some fun facts in this medium post to show how I’ve won over founders to invest.
  • Zapier2012 Seed. Unicorn. Only needed to raise $1M. Profitable. Remote-only.
  • Cruise2014 Seed. Unicorn Exit in 2016. Valued at $19B in 2019.
  • Algolia2014 Seed. $184M raised. Series C led by Accel.
  • ShipBob2014 Seed. $63M raised. Series C led by Bain Capital Ventures.
  • EightSleep2015 Seed. $80M raised. Series C led by Craft Ventures and Founders Fund.
  • SendBird2016 Seed. $122M raised. Series B led by Tiger Global and ICONIQ.
  • People.ai2016 Seed. $100M raised. Series C led by LightSpeed, a16z, GGV and ICONIQ.
  • Boom2016 Seed. $244M raised. Series B led by RRE Ventures and Emerson Collective.
  • FlutterWave2016 Seed. $65M raised. Series B led by Greycroft.
  • Proxy2016 Seed. $59M raised. Series B led by Kleiner Perkins.
  • UpKeep2017 Seed. $49M raised. Series B led by Emergence Capital and Insight Partners.
  • Rippling2017 Seed (SPV). Unicorn $1.35B valuation. $197M raised. Series B led by Kleiner Perkins, Founders Fund.
  • LambdaSchool2017 Seed. $48M raised. Series B led by Bedrock, GGV and Google Ventures.
  • Retool2017 Seed. $22M raised. Series A led by Sequoia.
  • My high conviction & high energy coupled with critical optimism and solid moral support really provide a true edge as an empathetic executive coach and cheerleader for the team.
  • Besides angel investing, I was an operator for almost a decade at a self-funded and remote-only enterprise software startup with 77 fortune 100 companies as customers. Before then, I bootstrapped and later sold a hardware startup while working as a software consultant at Accenture. I know what it takes to build a high-impact company and I’m ready to help with a few extra pushes on founders’ long journey.
  • Unconventional blend of consultant / founder / operator experience;
  • Analytical insider insight and intuitive outsider mentality;
  • Unique public data-driven process and online-first and offline-optional approach;
  • Founder-first intuition to identify, win and invest early enough to work with multidisciplinary leaders that are likely underestimated or considered too ambitious.

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GP at CapitalX.vc: an enterprise focused generalist investing in 20 startups a year with $100k — $500k checks.

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Cindy Bi

Cindy Bi

GP at CapitalX.vc: an enterprise focused generalist investing in 20 startups a year with $100k — $500k checks.

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