Ritual Capital
Ritual Capital is a seed-stage venture firm based in the San Francisco Bay Area, founded in 2023. The firm focuses on supporting exceptional founders who are building enduring and iconic companies. It manages a $38 million first fund and primarily invests in infrastructure, developer tools, SaaS companies, and select consumer ideas. Ritual Capital specializes in venture capital investing, offering collaborative check sizes that typically range from $100K to $500K. In addition to providing capital, the firm offers hands-on support in marketing and recruiting to help founders build scalable tec
Investing activity
Ritual Capital appears in 4 AI deals tracked by the Lounge deals desk, rounds totalling $46M. The rounds are mostly Seed, with a median round size of $15M and the largest at $31M. The most recent are Multifactor (Seed, $15M, Jul 2026), Luel (Seed, $31.2M, May 2026) and Mandel AI (Seed, $3.9M, Mar 2026).
Ritual Capital most often invests alongside Y Combinator, Nexus Venture Partners, Padma Warrior and Gokul Rajaram, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Ritual Capital
What AI companies has Ritual Capital invested in?
Ritual Capital's AI investments include Multifactor, Luel, Mandel AI and Risotto. The 4 rounds on Lounge are listed on this page with amounts, dates and co-investors.
Where is Ritual Capital based?
Ritual Capital is based in California, United States.
What stage does Ritual Capital invest at?
In the rounds tracked on Lounge, Ritual Capital has invested at Seed, with a median round of $15M.
Who does Ritual Capital co-invest with?
Ritual Capital's most frequent co-investors on Lounge are Y Combinator (4 deals), Nexus Venture Partners (1 deal), Padma Warrior (1 deal), Gokul Rajaram (1 deal) and Liquid 2 Ventures (1 deal).
How can founders reach Ritual Capital?
Founders on Lounge can see Ritual Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Ritual Capital to their Investor Pipeline to track the conversation.