Symphonic Capital Raises $13.5M Inaugural Fund - Sydney Thomas

Symphonic Capital Secures $13.5 Million for Debut Fund

Symphonic Capital has revealed the successful completion of a $13.5 million raise for its first investment fund, as detailed in a recent blog post.

The firm was founded in 2022 by Sydney Thomas, following her departure from Precursor Ventures, where she held the position of inaugural team member.

Investment Focus and Strategy

Thomas stated that the fund’s investment strategy centers on supporting founders located outside of the San Francisco Bay Area. These founders will be developing businesses within the healthcare and financial services sectors.

Initial investments, or check sizes, are anticipated to be approximately $250,000 per company.

The firm articulated its core mission, emphasizing the belief that access to dependable healthcare and financial stability should be universally available, irrespective of demographic factors.

Commitment to Equity and Inclusion

Symphonic Capital aims to collaborate with entrepreneurs dedicated to fostering a more “equitable future.”

The firm’s blog post highlighted its dedication to cultivating a network of diverse and ethically-minded investors, founders, and individuals contributing to the entrepreneurial ecosystem.

“We’re proud to be backed by a group of institutional investors who share our commitment to supporting founders who are dedicated to building a more equitable future,” the firm added.

This backing demonstrates a shared vision for a more inclusive and accessible entrepreneurial landscape.