Tuesday Capital

Overview

Tuesday Capital is a venture capital firm focused on seed and early-stage investments in technology sectors including software, cloud, aerospace, electronics, mobility, and information technology. Formerly known as CrunchFund, it has backed notable companies such as Airtable, Cruise, Uber, Airbnb, Square, Gitlab, and others, typically investing $250K-$500K initially. The firm maintains relationships with other VC firms and manages multiple funds, with a history of supporting founders through unicorns, IPOs, and acquisitions.¹²⁴⁶

History

Tuesday Capital, formerly CrunchFund, was founded in 2011 by Patrick Gallagher and others, with Gallagher serving as co-founder and Managing Partner since inception. It rebranded to Tuesday Capital around 2018 while continuing early-stage tech investments. Key milestones include closing five funds, the latest being Tuesday Capital V in August 2023, and portfolio successes like investments in GitLab, Airtable, Uber, Airbnb, and acquisitions such as Authy by Twilio.²⁵⁶

Notable Products

• Tuesday Capital V - Latest closed fund in Aug 2023, focused on early-stage tech investments.
• Airtable investment - Early-stage investment in the collaborative platform unicorn.
• Cruise investment - Investment in autonomous vehicle technology company.
• Uber investment - Early backing of the ride-sharing giant.
• Gitlab investment - Investment in the DevOps platform.

Reputation

Tuesday Capital is recognized among VC professionals for its long track record since 2011 in early-stage tech investments, with a portfolio featuring high-profile exits and unicorns like Uber and Airbnb. Enthusiasts note its relationships with other VCs and consistent fund closings as strengths. Some sources show discrepancies in founding year (2011 vs 2018), but it remains active with experienced partners like Patrick Gallagher.¹²⁴⁵⁶