Cendana Capital

About

Cendana Capital is a fund of funds based in San Francisco, California, specializing in investing in very early-stage venture capital funds globally. Founded in 2010, Cendana Capital has raised significant capital, managing over $2 billion in assets, and investing in over 4,800 companies, including over 130 unicorns.‍

Investment Focus

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Fund

In March 2025, Cendana Capital launched Cendana 6, its fastest-ever fundraise, surpassing a $400 million hard cap. The fund received strong support from institutional LPs, including two public pension funds, and is designed to leverage Cendana’s experience and pattern recognition built over 15 years in early-stage venture investing. The firm is particularly focused on mission-driven investors, including public pension funds and educational or non-profit organizations.

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Other Information

Leadership

Michael Kim: Founder
Graham Pingree: Partner
Kelli Fontaine: Partner
Jon Coquia: VP of Finance & Chief Compliance Officer
Thomas Ikeda: Senior Investment Associate
Rohan Gandhi: Analyst
Hillary Tyree: Head of Platform and Operations

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Investment Strategy

Cendana Capital's strategy centers on partnering with early-stage funds, focusing on very early-stage venture capital. This involves being the lead investor in seed and pre-seed funds and making concentrated investments to provide high ownership in portfolio companies.
The firm emphasizes collaboration with both General Partners (GPs) and Limited Partners (LPs), leveraging unique networks and domain expertise to find exceptional founders.

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Notable Investments