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Investors / Background Capital / Compare with Formulate Ventures

Background Capital vs Formulate Ventures

Background Capital lists 4 portfolio companies and has joined 4 funding rounds; Formulate Ventures lists 25 companies and has joined 0 rounds. Background Capital comes in most often at Seed (75% of its entries). 1 company is on both portfolios, among them Flipturn.

4Portfolio companies25
4Funding rounds joined0
0Rounds led0
0Rounds, last 12 months0
$5M to $20MTypical round it comes in atn/a
0%Sites no longer answering0%
Show as a table
Background Capital and Formulate Ventures, head to head
Background CapitalFormulate Ventures
Portfolio companies425
Funding rounds joined40
Rounds led00
Rounds, last 12 months00
Typical round it comes in at$5M to $20Mn/a
Sites no longer answering0%0%

Where they come in

share of entries by stage
Pre-seed0%0%
Seed75%0%
Series A25%0%
Series B0%0%
Growth0%0%

Background CapitalFormulate Ventures

Show as a table
Entry stages of Background Capital and Formulate Ventures, share of entries
Background CapitalFormulate Ventures
Pre-seed0%0%
Seed75%0%
Series A25%0%
Series B0%0%
Growth0%0%

Themes

share of checked companies
AI & Machine Learning25%22%
Fintech0%24%
Enterprise Software13%7%
Media & Entertainment13%0%
E-commerce & Marketplaces13%10%
Industrial & Manufacturing13%2%

Background CapitalFormulate Ventures

Show as a table
Themes of Background Capital and Formulate Ventures, share of checked companies
Background CapitalFormulate Ventures
AI & Machine Learning25%22%
Fintech0%24%
Enterprise Software13%7%
Media & Entertainment13%0%
E-commerce & Marketplaces13%10%
Industrial & Manufacturing13%2%

Companies both back

1

Shared companies are those both firms' own portfolio pages list, each checked against the company's site. The same comparison through the API is POST /v1/overlap, for up to 20 firms. How the data is graded

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Compare Background Capital and Formulate Ventures as data

Pull both portfolios and every co-investor through one API key or MCP, and lay up to 20 firms side by side with POST /v1/overlap. A free account adds Ask AI searches and alerts when either firm adds a company.

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  • Ask AI5 plain-English investor searches a day
  • Full listsEvery portfolio row and two-firm overlap
  • API and MCP100 REST or MCP calls a month, one key
  • AlertsFollow 5 investors for portfolio and fund changes
VCinfo API
$ curl -H "X-API-Key: YOUR_KEY" \
  https://api.vcinfo.io/v1/firms/background.vc/portfolio

# also
GET /v1/firms/formulateventures.com/portfolio
GET /v1/firms/background.vc/coinvestors
The same data as an MCP server for Claude, Cursor and other AI tools. Set up MCP · Docs · Pricing