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South Park Commons

South Park Commons

USA

General

About

South Park Commons (SPC) is an American venture capital firm and technical community founded in 2016 by Ruchi Sanghvi (Facebook's first female engineer) and Aditya Agarwal (former Dropbox CTO). SPC focuses on the "minus one to zero" phase — the pre-ideation stage of company building — earning it the label of "anti-incubator". It operates in San Francisco, New York, and Bengaluru, and provides up to $400K in founder fellowship capital. Fund III raised $275M in 2025, and Fund IV targeting $500M began in January 2026.

Deal Terms

$400k for 7% + $600k follow-on

Key People

Ruchi Sanghvi

Founder & General Partner

Aditya Agarwal

Co-Founder & General Partner

Notable Portfolio

OutsetBio
Orbit
Vultron
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Questions about South Park Commons

What are the deal terms at South Park Commons?
$400k for 7% + $600k follow-on.
Where does South Park Commons run?
South Park Commons runs in the USA.
What sectors does South Park Commons back?
South Park Commons is a generalist program and does not restrict itself by sector.
Which companies has South Park Commons backed?
Companies backed by South Park Commons include OutsetBio, Orbit and Vultron.

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