RE

Refactor Capital

VC
San Francisco, CAWebsite

Refactor Capital is a Pre-Seed venture capital firm based in San Francisco, CA investing in SaaS, Enterprise, Marketplace. The firm typically writes $250K–$1.0M checks and has 4 portfolio companies in our records.

Stage

Pre-Seed

Check Size

$250K – $1.0M

AUM

$130M

Portfolio

4+ companies

Team

2 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Pre-seed fund investing in technical founders building software and developer/enterprise products.

How Refactor Capital invests

Refactor Capital is a vc firm based in San Francisco, CA. The firm invests at the Pre-Seed stage, with a focus on SaaS, Enterprise, Marketplace, Consumer, Developer Tools.

Refactor Capital typically writes checks of $250K–$1.0M per investment, backed by approximately $130M in assets under management.

Refactor Capital has backed 4 companies in our records, including Instacart, Handshake, Mammoth Biosciences.

Meet the Team

ZB

Zal Bilimoria

Founding Partner / Solo General Partner

hard tech
bio
climate
seed
pre-seed
ML

Merrill Lutsky

Managing Partner

Pre-seed
Software

Industry Focus

Invests In

SaaS
Enterprise
Marketplace
Consumer
Developer Tools

Portfolio Companies (4)

Other

IN

Instacart

Marketplace / enterprise ops
HA

Handshake

B2B marketplace / SaaS
MA

Mammoth Biosciences

Biotech tools
RE

Refactor Crypto, L.P. (CIK 0001761765)

SEC Form D filing mentioning Refactor Capital

How to pitch Refactor Capital
  • Raising at Pre-Seed? You're squarely in their sweet spot.
  • Lead with your fit in SaaS, Enterprise, Marketplace — the sectors they actively back.
  • Size your ask to their typical $250K – $1.0M check.
  • Address your outreach to a specific partner, such as Zal Bilimoria, Founding Partner / Solo General Partner.
  • A warm introduction beats a cold email. Get matched and request an intro.

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