Not Boring Capital

Not Boring Capital is a venture fund that emerged from Packy McCormick's popular 'Not Boring' newsletter, which provides in-depth analyses of the tech and startup landscape to a large subscriber base. The firm leverages this media platform to identify and support promising startups, often helping them craft and amplify their narratives. It positions itself as an investor in "Worldbuilders" and "Hard Startups" that are tackling complex, ambitious challenges, frequently involving vertically integrated businesses and technological innovation.

The firm was officially launched on July 12, 2021, with an initial $8 million venture fund. Packy McCormick, the founder of the Not Boring newsletter, serves as the General Partner of Not Boring Capital. The fund's unique origin story is rooted in McCormick's desire to put his money where his mouth (and keyboard) is, investing in the types of companies he writes about and believes will shape the future. This symbiotic relationship between media and venture capital is a core aspect of its operational strategy.

Not Boring Capital invests across various stages, from Pre-Seed through Series B, with occasional growth-stage investments. Its portfolio includes companies such as Base Power Company, Astro Mechanica, Meter, Somos Internet, Ramp, UserLeap, Capital (formerly Party Round), Scale AI, Replit, Fuse, Varda, and Hadrian. The firm focuses on companies that utilize advanced technologies, including AI, deep tech, and blockchain, to address significant challenges in sectors like energy, aerospace, and financial services, often referred to as "Techno-Industrials."

The team, led by Packy McCormick, emphasizes a hands-on approach, not only providing capital but also actively assisting portfolio companies with storytelling and strategic positioning. This unique value proposition, stemming from the Not Boring media ecosystem, aims to provide portfolio companies with a distinct advantage in communicating their vision and progress to a broad and engaged audience.