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Relational Capital — Pre-Seed VC Firm ($1.0M–$5.0M Checks)

VC
United StatesProfile updated October 2026Website

Relational Capital is a Pre-Seed venture capital firm based in United States investing in AI / ML, Enterprise, Security. The firm typically writes $1.0M–$5.0M checks.

Check size
$1.0M–$5.0M
Partners
2 listed
AUM
$500M
Stage
Pre-Seed
Sectors
AI / ML, Enterprise, Security
HQ
United States

Last verified: 2026-10-26

How to approach: warm intro preferred
Stage

Pre-Seed

Check Size

$1.0M – $5.0M

AUM

$500M

Team

2 partners

Investment Thesis

Solo GP fund backing founders in AI startups at the earliest stages with $1M-$5M checks. Focuses on adoption and diffusion for technical products.

How Relational Capital invests

Relational Capital is a vc firm based in United States. The firm invests at the Pre-Seed stage, with a focus on AI / ML, Enterprise, Security.

Relational Capital typically writes checks of $1.0M–$5.0M per investment, backed by approximately $500M in assets under management. Our records include 3 funds raised by the firm.

Partners & Team

DS

Dylan Stewart

Owner

manufactured housing
RV communities

Nine years operating manufactured housing and RV communities before founding Relational Capital.

MD

Maria Davidson

GP

AI
Enterprise Software

Industry Focus

Invests In

AI / ML
Enterprise
Security

Funds

Fund III

$200M2023
investing

Fund II

$150M2018
actively investing

Fund I

$100M2015
fully deployed

Recent Activity

Raised Fund III ($200M)

2023 · fund records

Raised Fund II ($150M)

2018 · fund records

Raised Fund I ($100M)

2015 · fund records

How to pitch Relational Capital
  • •Raising at Pre-Seed? You're squarely in their sweet spot.
  • •Lead with your fit in AI / ML, Enterprise, Security — the sectors they actively back.
  • •Size your ask to their typical $1.0M – $5.0M check.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Dylan Stewart, Owner.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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