Outside Capital is a New York-based early-stage venture capital firm founded in 2026 by Tom Black and Parth Dalal, focused on the outdoor recreation, sport, performance, and consumer wellness industries. The firm backs founders building the next generation of brands and technology across sport, outdoor recreation, and consumer wellness.
Outside Capital invests in emerging brands across sport, performance, outdoor recreation, and fitness-centered technology. The firm targets the most innovative companies changing the landscape of the broader consumer wellness economy.
No fund size has been publicly disclosed. Outside Capital was announced in 2026 and is actively deploying capital. Fund details are not available.
Leadership
Tom Black and Parth Dalal are co-founders and venture investors at Outside Capital. Both have been deeply immersed in the outdoor and consumer wellness ecosystem for several years prior to founding the firm.
Investment Strategy
Outside Capital invests up to $1 million in pre-seed and seed-stage rounds, with the goal of supporting companies through to exit. Check sizes of $250K–$500K for a company's first or second round of financing. The firm leads or participates in early rounds and backs founders and athletes globally.
United States
