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Mithril Capital Management

Mithril Capital Management

Austin, Texasmithril.com

Overview

Mithril Capital Management is a venture capital investment firm that invests and partners with teams who use technology to build valuable and lasting businesses, often in industries long overdue for change. The firm is agnostic to sector and geography and was founded in 2012 by Ajay Royan with Peter Thiel.

Year Founded

2012

Portfolio Companies

33

Investments

Mithril Capital Management investments
CompanyDateStageLead
HelionJun 2026Series GCo-investor
HelionJan 2025Series FCo-investor
GreyOrangeDec 2023Series DCo-investor
NeocisOct 2022Series D ExtensionCo-investor
JunoOct 2022Series ACo-investor

Key People

Lenny Raymond

Senior Principal

Santiago Iturbe

Principal

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

HeadquartersAustin, Texas
Year Founded2012

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