Capria Ventures: A Seattle Firm Backing the Global South
Capria Ventures is a Seattle-based venture capital firm co-founded by Will Poole and Dave Richards, backing Global South founders across India, Southeast Asia, Latin America, and Africa in applied AI and climate technology. The firm's funds have grown from $57 million in 2020 to $100 million in 2023, with total assets under management past $188 million. Confirmed portfolio companies include Masai, co-founded by Dave Richards in 2019.
Overview
Capria Ventures is a venture capital firm headquartered in Seattle. Will Poole and Dave Richards co-founded the firm together. Poole spent twelve years at Microsoft leading its Windows client business. Richards previously worked as a vice president at RealNetworks. The firm invests across India, Southeast Asia, Latin America, and Africa. It maintains additional offices in Bangalore, Nairobi, and Washington DC.
Investment Focus and Stage
Capria Ventures backs early-stage founders working on applied generative AI. It also targets startups in climate technology across its newest fund. The firm typically leads its investments rather than following other investors. It has made more than 50 investments across roughly 90 transactions. Its geographic reach spans fintech, agritech, mobility, and education companies.
Fund Size and Portfolio
Capria Ventures raised its first fund at $57 million in June 2020. A second fund followed in 2023, closing at $100 million. The firm's total assets under management have grown past $188 million. Masai counts among its confirmed portfolio companies, co-founded in 2019 by Dave Richards alongside two others. Kueski, Paymob, Agrofy, and MAX also sit within its wider portfolio.
Leadership
Will Poole co-founded Capria Ventures and serves as managing partner. He previously served as a corporate vice president at Microsoft. Dave Richards co-founded the firm alongside him, also serving as managing partner. Richards brings deep experience across India, Southeast Asia, Latin America, and Africa. No public source found connects Sanjiv Rangrass or Srikrishna Ramamoorthy to the firm's founding.