Touring Capital
Overview
Touring Capital is a venture capital firm established in 2023, specializing in investments in early-growth, AI-powered B2B software companies. Based in San Francisco, California, the firm was founded by Nagraj Kashyap, Priya Saiprasad, and Samir Kumar. The founders bring extensive venture capital experience, having previously been associated with M12, Microsoft's venture fund, and SoftBank Vision Fund. Touring Capital primarily focuses on B2B software, SaaS, and artificial intelligence sectors, actively seeking opportunities that leverage AI to drive productivity gains.
Recent Developments
- September 2025: Touring Capital announced the closing of its inaugural $330 million fund, aimed at supporting early-growth AI-driven software startups globally. The oversubscribed fund was supported by global institutional limited partners, family offices, and over 30 former founders. This development marks it as one of the largest debut VC raises focusing on AI-driven software.
- June 2025: The firm increased its investment activities significantly, marking investments in 28 companies by mid-2025, including noteworthy investments in emerging AI and tech startups such as Daloopa and SafeBase.
- September 2023: Touring Capital was officially launched with a focus on transforming enterprise software companies globally facilitated by a strong technical founding team with a rich history of corporate venture capital experience.
- 2024-2025: Throughout this period, Touring Capital made strategic investments in companies like ProRata within the Business/Productivity Software industry. The firm’s focus on Series B/C investments reflects its commitment to identifying and nurturing potential unicorns.
- Market Insights and Approach: Touring’s global investment approach aims at not only investing within the Silicon Valley but also identifying exceptional founders globally, appealing to both innovators and investors worldwide.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2023 |
| Headquarters | San Francisco, CA, USA |
| Founders | Nagraj Kashyap, Priya Saiprasad, Samir Kumar |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Global institutional LPs, family offices, former founders |
| Industry | Venture Capital, Business-to-Business, Artificial Intelligence |
| Number of Employees | 6 |
Early History
Touring Capital was founded in 2023, arising from the collective vision of seasoned venture capitalists Nagraj Kashyap, Priya Saiprasad, and Samir Kumar. Their backgrounds include substantial tenure at major investment firms such as SoftBank Vision Fund and Microsoft's M12. The founders had previously intertwined their careers across these platforms, fostering a philosophy that values strong partnerships and innovative approaches to venture capital investing. Leveraging their extensive networks, they embarked on establishing a venture capital firm poised to capitalize on the evolving landscape of AI-powered technologies. Touring Capital set forth with a mandate to transform the industry by supporting promising entrepreneurs and startups that embody a forward-thinking approach.
Company Profile and Achievements
Touring Capital's operational philosophy centers around early growth-stage investments in the AI SaaS sector. The firm aims to empower next-generation enterprise software companies that leverage AI technology to achieve significant productivity improvements. Touring Capital's investment strategy includes:
- Investment Portfolio: With a diversified range of 28 active investments, the firm has amassed a portfolio that features high-growth potential firms in industries spanning enterprise applications, health tech, and more.
- Notable Investments: The firm leads strategic investment rounds in startups such as SafeBase and Numa, with some achieving unicorn status.
- Fundraising Milestones: In September 2025, Touring Capital successfully raised $330 million in their first oversubscribed fund, reinforcing their financial clout and capacity to back innovative startups.
- Strategic Approach: Touring seeks to court technical founders with a robust vision that aligns with futuristic AI endeavors, while simultaneously appealing to global investors through strategic insights and network access.
Current Operations and Market Position
Touring Capital is actively engaged in the global venture capital ecosystem, focusing on sourcing deals outside Silicon Valley and investing in early-stage AI-driven B2B software companies. The firm is distinguished by its commitment to nurturing startups with transformational potential, positioning it as a key player in the rapid technological evolution. Touring Capital stands out for its network, comprising influential investors and seasoned entrepreneurs, which grants its portfolio companies a competitive edge in navigating the complex tech landscape. Despite being relatively nascent, Touring Capital has quickly positioned itself as a formidable entity in venture capital with unique strategic advantages.
Conclusion
Touring Capital has become a notable venture capital firm deeply embedded in the technological revolution powering the business software industry. Its commitment to AI advancements positions it to significantly influence the evolution of enterprise-level innovations. With the support of a growing portfolio and substantial capital backing, Touring Capital is poised to continue its trajectory towards becoming a pivotal force in early-stage AI investments, promising to drive substantial advancements in technology and productivity development. As the landscape of business technology evolves, Touring Capital’s strategic investments highlight its pivotal role in shaping the future of industry-defining innovations.