Ankona Capital

Ankona Capital is a venture investment firm focused on early-growth B2B software. It invests in companies that have moved beyond product-market fit but have not yet reached full scale, typically those generating $3–15 million in annual recurring revenue. Initial investments are generally $5–10 million, sized to a company's plan rather than to a fixed template.

The firm's stated selection criteria centre on proven customer demand, strong retention and an efficient growth plan, alongside founders positioned to build and scale. In portfolio construction, Ankona takes an interest in the thoughtful application of artificial intelligence - used to improve products, reach new markets or operate more efficiently - within its B2B software focus. Its team is small and composed of founders and investors with experience building, financing and growing software companies as well as investing in them.

Operationally, the firm describes itself as a practical, founder-oriented partner that moves quickly and communicates transparently, supporting management through the transition from functioning business to the next stage of growth and backing the path that best fits the company and its owners. Ankona Capital is based in Newport Beach, California.