Early stage startups solving real-world problems may not necessarily give the attention they deserve, especially those working outside of Silicon Valley. Symphonic Capital will intervene. The VC company led by Sydney Thomas has closed its $13.5 million debut fund and has invested in founder construction companies that often serve the community.
The fund is aimed at early stage startups that address the healthcare and financial services gap. This is two areas where access has been uneven for a long time. Thomas says the goal is to help founders build solutions that can bring both returns and real impact.
Founded in 2022 by Sydney Thomas, Symphonic Capital supports pre-seed and seed stage startups that close access gaps and create meaningful solutions for underserved communities.
Sydney Thomas, founder and managing director of Symphonic Capital, said: “We believe in the vision we build with symphonics and look forward to making the paper work. Investing in our founders is committed to creating a more equitable future for everyone.”
Shruti Shah is joining the company as a partner as part of launching an official fund. Together, Thomas and Shah aim to change how early stage investments work. Symphonic intentionally looks beyond the usual high-tech hubs, focusing on under $10 million companies that already have the smallest viable products. This is a stage where the larger VC companies often go through but support can create or destroy the company.
“We consider the next generation of founders as a key driver of lasting and meaningful change in society,” Shruthi Shah said. “Our first fund recognizes opportunities that will have a significant impact on long-overlooked and underserved communities, so we prioritize companies that address healthcare and financial services inequality.”
Thomas brings a serious experience to the table. Before founding Symphonic in 2022, she was first employed at Precursor Ventures and led investments in startups such as Teal Health, Guava and Mira.
Symphonic Capital is currently open to connecting with founders, limited partners and investors who share their vision. You can contact the team at hi@symphonic.vc.
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