Binary Capital

Binary Capital is an early stage venture capital firm based in San Francisco. Binary Capital was founded in 2014 by Jonathan Teo and Justin Caldbeck and focuses on early stage consumer technology companies. The founders' previous investment experience includes roles at General Catalyst Partners, Benchmark Capital, Lightspeed Venture Partners, and Bain Capital Ventures.

The firm has a total of over $300 million under management. Binary's first fund manages $125 million. Their second fund was recently announced and will manage $175 million.

Binary’s founding partners got behind Tinder at 12,000 active users, Snapchat at 120,000, and Instagram at 220,000 users.