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Lateral Capital

Lateral Capital

Sarasota, Floridalateralcapital.com

Overview

Lateral Capital is a micro venture capital limited partnership founded in 2003 and located in Sarasota, Florida. The firm invests in early-stage companies across the United States, having backed more than 100 companies since its inception. Its investment criteria focus on companies with a completed product, proprietary technology, and a clear path to a strategic exit within 5-7 years. Lateral Capital invests across a wide range of sectors, including health care, industrial products, B2B software, and technology-enabled services, but avoids distribution-driven categories like food and beverage. The firm is managed by founder John Lilly and is currently investing out of its sixth fund, as well as a new fund launched in 2024, the Lateral Capital Opportunity Fund, LP.

Portfolio Companies

21

Investments

Lateral Capital investments
CompanyDateStageLead
Ateios SystemsMar 2026Series ACo-investor
ZoneMar 2024SeedCo-investor
EarthGridOct 2023SeedCo-investor
Steelhead CompositesJul 2023Growth EquityCo-investor
RhaeosFeb 2023Series ACo-investor

Key People

Rob Eloff

Partner

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersSarasota, Florida
Year FoundedN/A

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