Symphonic Capital Launches $13.5M Debut Fund to Back Startups Advancing Health and Wealth Equity

🔑 Key Takeaways:

• Symphonic Capital closes $13.5 million debut fund, led by founder Sydney Thomas
• Focus: Early-stage startups targeting equity in healthcare and financial services
• Shruti Shah joins as partner to strengthen the firm’s leadership
• Emphasis on underrepresented founders and overlooked communities
• Targeting companies valued under $10M and located outside of major tech hubs

Early-stage venture firm Symphonic Capital has officially announced the close of its $13.5 million debut fund, with a mission to invest in startups creating more equitable access in healthcare and financial services. The fund is led by Sydney Thomas, a seasoned investor and founder of Symphonic, and will back pre-seed and seed-stage companies that are often overlooked by traditional venture capital.

Backing Founders Who Serve the Underserved

Symphonic’s new fund targets startups with a minimum viable product (MVP) and valuations under $10 million—a stage where many promising companies struggle to secure funding. These early-stage ventures often fall outside the radar of larger VCs, especially when they operate outside the typical tech ecosystems like Silicon Valley or New York. Symphonic is stepping in to bridge that gap.

“We believe in the vision we’re building at Symphonic and look forward to putting our thesis to work: investing in founders committed to creating a more equitable future for all,” said Sydney Thomas, founder and managing director.

The firm’s mission is rooted in closing access gaps—both in healthcare (think digital health, preventative care, and women's health) and financial services (like neobanks, credit-building tools, and inclusive fintech). This approach is aligned with a broader movement toward investing in businesses that drive positive social impact, especially in historically underserved communities.

A New Partner Joins the Team

As part of the fund launch, Shruti Shah has joined Symphonic Capital as a partner. Shah brings experience working with impact-driven startups and social innovation, helping strengthen the firm’s ability to support diverse founders and scale mission-driven companies.

“Our first fund prioritizes companies addressing inequities in healthcare and financial services because we recognize the opportunity to create outsized impact,” Shah said.

Deep Roots in Venture

Before launching Symphonic in 2022, Sydney Thomas was the first hire at Precursor Ventures, where she helped lead early investments in companies like Teal Health, Guava, and Mira—all startups focused on accessible healthcare and inclusive finance.

Building a More Equitable Future

With this debut fund, Symphonic Capital is assembling an ecosystem of investors, limited partners, and foundersfocused on tackling some of the most pressing access issues of our time. The firm is actively encouraging diverse participation across its network. Those interested in learning more or getting involved can reach out directly at hi@symphonic.vc.

For more information, visit symphoniccapital.com.