Active: new fund Dec 2025 Verified 4 Nov 2026
Background Capital
Background Capital is a VC firm based in Madison, Wisconsin, United States.
- Type
- VC firm
- Location
- Madison, Wisconsin, United States
- Fund size / AUM
- Fund size not disclosed on Form D
- Latest fund or filing
- 12 Dec 2025
- Website
- background.vc
Fund filings (SEC Form D)
- Latest fund on file
- BACKGROUND CAPITAL FUND V
- Filed
- 12 Dec 2025 (new notice)
- Fund size
- Not disclosed on the filing
- Fund vehicles filed in the last 12 months
- 1 (includes feeder and parallel vehicles)
See this fund's filings on SEC EDGAR
Contacts on file
For Background Capital, the paid file holds: 1 named decision-maker with roles.
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Notable investments
Instacart
Sources
Last checked 4 Nov 2026. Is something wrong? Tell us.