Touring Capital is a San Francisco–based venture capital firm founded in 2023 by industry veterans Nagraj Kashyap, Priya Saiprasad, and Samir Kumar. The firm was launched to back AI-driven software companies and help founders scale transformational businesses globally. Touring Capital combines deep sector expertise with a founder-first approach, drawing on decades of collective experience at leading firms such as SoftBank Vision Fund II, M12 (Microsoft’s Venture Fund), and Qualcomm Ventures.
The firm invests in AI-powered software startups at the early-growth stage, with a focus on companies that are redefining productivity and reshaping industries through artificial intelligence.
Touring Capital prioritizes founders building scalable platforms and products where AI is a core driver of value creation.
In September 2025, Touring Capital announced the close of its oversubscribed debut vehicle, Fund I, at $330 million. The fund attracted a mix of global institutional limited partners, family offices, and more than 30 repeat founder LPs who had previously worked with the Touring team. The capital will be deployed across a concentrated portfolio of AI-first software startups worldwide.
Touring Capital has already made twelve investments since its launch in late 2023, and its early momentum includes five portfolio companies that have raised up-rounds and one exit within just two years of operations.
The debut fund underscores strong demand for the firm’s differentiated AI thesis and validates its founder-first reputation.
Leadership
Touring Capital is led by Nagraj Kashyap, Priya Saiprasad, and Samir Kumar. Kashyap is a veteran venture capitalist with senior leadership experience at SoftBank Vision Fund II, M12, and Qualcomm Ventures. Saiprasad previously held senior roles at M12 and SoftBank Vision Fund, while Kumar brings deep experience from Qualcomm Ventures and M12 as well. Together, the partners have overseen 30 successful exits and investments in 17 unicorns, including Zoom, Kahoot!, Applied Intuition, Outreach, Livongo, and Go1.
The firm’s leadership is further supported by a growing team in San Francisco and an advisory network that includes senior operators and technologists from leading AI companies such as Anthropic.
Investment Strategy
Touring Capital’s strategy centers on partnering with AI-first software companies at the early-growth stage and supporting them through scale-up.
The firm has a track record of repeat partnerships, with 50% of its portfolio consisting of founders the team has previously backed. Touring Capital leverages its global networks and operational experience to provide strategic support, while its founder-friendly reputation attracts entrepreneurs seeking long-term partnerships.
Notable Investments
Touring Capital’s portfolio already includes twelve companies, among them SafeBase, which the firm led at the Series B before the company was acquired by Drata within 10 months.
Other companies such as Netradyne, Daloopa, Numa, Cusp, and Exaforce have announced up-rounds, highlighting the strength of Touring’s early picks.
Six of its twelve companies are led by repeat founders who chose to work with the Touring team again, underscoring the value of its trusted relationships.
Notable Exits
Touring Capital recorded its first exit when SafeBase, a security trust platform, was acquired by Drata less than a year after Touring led its $33 million Series B round.
Other
The firm operates its headquarters in San Francisco’s South Park and has built an advisory bench that includes Sydney Meheula from Anthropic, alongside seasoned advisors Rajarshi Gupta, Ray Cao, and Abhi Kumar.
Touring Capital continues to expand its global presence while staying grounded in its core mission: to scale AI-powered software companies driving the next wave of enterprise innovation.
