Presence Capital

About The Fund

Presence Capital is an investment firm focused on the burgeoning fields of augmented reality (AR) and virtual reality (VR), believing these technologies will revolutionize the ways we communicate, work, and play. Founded in 2015 and based in San Francisco, California, Presence Capital positions itself as a venture capital entity that funds innovative startups and supports passionate entrepreneurs deploying AR and VR technologies. Their portfolio ranges across varied sectors, including software applications such as web marketplaces and SaaS, HealthTech and Fitness, Gaming and eSports, Developer Tools, Healthcare and Wellness, and Nanotechnology, as well as the broader consumer sector. They provide financing at different stages of a startup's growth, specifically targeting Pre-Seed, Seed, Series A, and Series B rounds, with a notable investment range from $25,000 to $100,000 and a sweet spot for investments around $50,000. Presence Capital's approach underlines their commitment to guide emerging companies towards realizing their vision in AR and VR domains. Under the leadership of managing partners including Amitt Mahajan, Paul Bragiel, and Phil Chen, the fund brings a wealth of experience and a global perspective to its investments. With assets under management totalling $10 million, Presence Capital asserts an active role in shaping the trajectory of their portfolio companies, drawing from their founders' diverse entrepreneurial backgrounds, technical expertise, and advisory roles in technology and policy on international levels.