Boro Capital
New York venture capital firm investing primarily at early Seed in technology and technology-enabled startups, often writing first cheques and following on through pro-rata rights.
Boro Capital is a venture capital firm based in New York City that invests in technology and technology-enabled startups, primarily at the early Seed stage. The firm typically backs companies at their first funding round and is currently deploying capital from its third fund. Its remit is industry-agnostic: portfolio selection is driven by the characteristics of the business rather than the sector it sits in, with a stated preference for scalable, capital-efficient companies that have demonstrated early traction.
Within that mandate, Boro Capital pays particular attention to opportunities arising from the acceleration of technology and artificial intelligence innovation. Its geographic presence is concentrated in the United States, with an emphasis on New York City and the greater New York area.
As an initial investor, the firm often provides a company's first cheque and may make follow-on investments by exercising pro-rata rights - the contractual right, held by existing investors, to participate in later funding rounds in order to maintain their ownership percentage. Deal flow is accessed through a curated sourcing ecosystem of pre-vetted startups, and the firm describes its selection criterion as backing exceptional founders.