Ritual Capital
Menlo Park-based pre-seed/seed venture firm.
Snapshot
- Founded: 2023
- Founder/MD: Chris Howard (ex-Fuel Capital, 10y)
- HQ: Menlo Park, CA
- Debut fund: $38M (announced Sep 2023)
- Check size: 500K typical seed
- Founder’s track record (NOT Ritual fund deals): ritualcapital.com/companies frames these as track-record language — “We’ve backed the visionaries behind companies like Figma, Flexport, Heroku, Highspot, Kepler, Lattice, and ThredUp” — i.e. Chris Howard’s lifetime/Fuel-era record of backing those founders, not Ritual seed investments (Ritual was founded 2023; Figma/Flexport/Heroku were seeded a decade-plus earlier). The page never uses the word “portfolio.”^[single-source]
- Ritual seed investments: Risotto (explicitly listed). (Earlier wiki versions also listed PagerDuty, Kong, Cambly, Fly.io, and WorkOS here “per ritualcapital.com/companies” — removed: PagerDuty/Kong predate Ritual and are not credible 2023-seed-fund deals, and WorkOS does not appear on the cited page at all.)
Risotto Investment
Participated in Risotto’s YC W24 pre-seed and continued in the $10M seed (Jan 2026, Bonfire-led). Risotto explicitly listed on Ritual’s portfolio page.