Afore Capital

Afore Capital is a pre-seed firm founded in 2017 by Anamitra Banerji, the first product manager at Twitter, and Gaurav Jain. Its fourth fund closed at $185M in February 2025. Note that Afore Alpha, often listed as an accelerator, is not one — Afore describes it as a standard pre-seed cheque of $500K to $2M into ten to fifteen companies a year, with no cohort. The program founders actually apply to is Founders-in-Residence, launched in 2025: two months in person in San Francisco, around ten teams, three cohorts a year, with at least $100K committed to lead the pre-seed round that follows. Applications are rolling.