Capital F's $17M Debut Fund Makes LPs Part of the Pitch Process

Capital F, an all-female-led VC firm, closed its debut $17 million fund on August 26, 2026. Founders must pitch at least two of the firm's 10 LPs before receiving funding — turning investors like Rothy's CEO Jenny Ming and former Pottery Barn CEO Marta Benson into active diligence participants rather than passive capital, a sharp departure from standard VC practice of keeping LPs away from deal flow.