Symphonic Capital, an early-stage VC firm investing in the next generation of institutions serving overlooked and underserved communities, announced it has officially closed its $13.5 million debut fund. This inaugural fund will be led by Sydney Thomas and focus on early-stage investments in founders closing access gaps across healthcare and financial services.
This fund supports founders who address the world’s most pressing challenges while driving meaningful impact for communities and limited partners. As part of the official fund launch, Shruti Shah joined Symphonic Capital as a partner.
Symphonic targets earlier stage of investment, emphasizing companies outside of traditional coastal tech hubs. And the firm partners with founders who have developed a minimum viable product and whose companies are valued at $10 million or less.
Before launching Symphonic Capital in 2022, Sydney Thomas was the first hire at Precursor Ventures, where she led pre-seed and seed-stage investments into companies like Teal Health, Guava, and Mira.
KEY QUOTES:
“We’re excited to announce the launch of our first fund and deeply honored to have the backing of an incredible group of like-minded partners. We believe in the vision we’re building at Symphonic and look forward to putting our thesis to work: investing in founders committed to creating a more equitable future for all.”
- Sydney Thomas, founder and managing director of Symphonic Capital
“We see the next generation of founders as key drivers of lasting, meaningful change in society. Our first fund prioritizes companies addressing inequities in healthcare and financial services because we recognize the opportunity to create outsized impact in communities that have long been overlooked and underserved.”
- Shruti Shah, partner at Symphonic Capital
