Organization · Venture Capital
Toba Capital
Toba Capital is an early-stage investment firm based in Los Angeles and Newport Beach, California, focusing on technology companies in sectors like SaaS and IT infrastructure. The firm has approximately $1.3 billion in assets under management and emphasizes a commitment to charitable causes.
Overview
What Toba Capital does
What Toba Capital is
Toba Capital is an early-stage investment firm based in Los Angeles and Newport Beach, California, focusing on technology companies in sectors like SaaS and IT infrastructure. The firm has approximately $1.3 billion in assets under management and emphasizes a commitment to charitable causes.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2012
- Approximate age
- About 14 years
- Structured capabilities
- Funder
- Last reviewed
- March 19, 2026
Official channels
Find Toba Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Toba Capital as a funder
Investment thesis
Toba Capital focuses on early-stage investments in technology companies with long-term growth potential, particularly in B2B software, SaaS, IT infrastructure, and climate tech. The firm leverages its operational expertise from the Quest Software exit to identify and support transformative companies.
Focus narrative
Toba Capital primarily invests in seed and Series A stages, focusing on core themes such as Software as a Service (SaaS), IT infrastructure, and climate and energy sectors. The firm employs a 'two bites of the apple' strategy, leading early investments and then re-underwriting and doubling down at later stages.
Value beyond capital
Toba Capital adds value to its portfolio companies through its deep operational expertise in enterprise software, gained from the founder's experience at Quest Software. The firm also provides strategic guidance and support to help companies scale effectively, while its commitment to philanthropy fosters a culture of social responsibility.
Focus and fit
- Stages
- Seed · Series A
- Regions
- United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 134
- Recorded notable exits
- Robinhood, Coupang, and Chime
Portfolio context
Notable portfolio companies include AYX (acquired by LinkedIn), FSCT (acquired by Epicor), MOBL (acquired by TA Associates), VITL (acquired by Contentful), DataRobot (multiple acquisitions), DocuSign (acquired by K1 Capital), and Deliveroo (acquired by Cox Enterprises). Toba Capital has a total of 134 companies in its portfolio, including 11 unicorns and 7 IPOs.
Common questions
What to know about Toba Capital
Upseed classifies Toba Capital under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 19, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.