Cendana Capital
NotableThe dedicated seed fund-of-funds that anchors nano and seed GPs.
Funds-of-FundsFirmGlobal, U.S.-centric
Target market
Pre-seed, seed and nano funds, including solo GPs
Typical check
Anchor-scale commitments into small seed vehicles
Geography
Global, U.S.-centric
Overview
Cendana Capital, founded by Michael Kim in 2010, was the first fund-of-funds built exclusively around seed-stage venture — and it remains the reference LP for the category. Cendana anchors nano, pre-seed and seed funds, backs solo GPs as comfortably as partnerships, and has grown into one of the largest dedicated seed FoF platforms. For an emerging seed manager, Cendana is often the single most valuable first call: an anchor from Kim brings both capital and a signal the rest of the LP market reads instantly.
Key facts
- Founded in 2010 as the first seed-focused fund-of-funds
- Anchors nano, pre-seed and seed funds, including first-time and solo GPs
- Hosts a well-known annual gathering for its seed-manager community
- A Cendana anchor is a powerful signal to downstream LPs
- Based in San Francisco