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Human Capital

Human Capital invests its own or fund capital, without a clearly stated strategy, from United States. It states a focus on software & internet.

Disclosed holdings53
Earliest stated investment
HeadquartersUnited States
Largest single fundNot stated

Regulatory record

How Human Capital is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$4.4bn
Employees39
Private funds advised40 · $4.2bn gross
SEC adviser numberCRD 296844

Portfolio

Disclosed holdings

Companies Human Capital lists on its own website. No investment years are published.

CompanyInvestedYears heldRecorded transaction
AIM
Able
Anduril
Applied Intuition
Athelas
Beacon
Biograph
Bolt
Brex
Cloaked
Clumio
Commure
Dandy
Elementl
Fellow
Flock
Hearth
Homeward
Jasper Health
Kalshi
Kojo
Lacework
Lean Technologies
Livongo
Local Kitchens
Maybern
Medra
ModRetro
Neuralink
New Limit
Nominal
Nova Credit
Nuvo
Observe
Onebrief
Posh
Qualia
Rune
Sanas
Scale
Snowflake
Speechify
Splitgate
Studio
The Boring Company
Trackonomy
Transcarent
Vise
Wildlife
Wraithwatch
Yendo
Zelos
xAI

Compiled from Human Capital’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

The full software & internet picture - most active acquirers, recent transactions and every investor in the sector.

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Comparable investors

Similar mandates

Other other investors active in software & internet.