Private Market View

Karmel Capital

Other · Solana Beach, California

AUM
$300.0M
Portfolio companies
12
Recorded deals
3
2 in last 12M
Last investment
Jan 2026

Key facts

  • Karmel Capital is a other based in Solana Beach, California with 12 tracked portfolio companies.
  • Notable positions include Crusoe, Nscale, Lambda, FluidStack, Icertis.
  • Private Market View records 3 deal participations by Karmel Capital.
  • Karmel Capital’s most recent recorded investment was in Jan 2026, one of 2 in the last 12 months and 3 over two years.
  • Karmel Capital has 1 fund on record, raising $170 across the 1 that report a size.
  • The team roster lists 8 people.

About Karmel Capital

Founded in 2013, Karmel Capital is a private equity firm based in Solana Beach, California. The firm seeks to invest in enterprise software and technology companies.

Registered with the SEC

Form ADV · 2026-03 · CRD 307701
Regulatory AUM
Private fund assets
$354.1M
Private funds
9 · 9 private equity
Staff
8
Registered office
SOLANA BEACH, CA
SEC status
Approved

Reports custody of client assets.

Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as KARMEL CAPITAL MANAGEMENT LLC).

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  • ·The book's top 25 — of 12 recorded positions
  • ·Every recorded deal — 3 rounds
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Portfolio, priced

12 companies · by our current valuations
CompanyValuationRole
Crusoe$24.5B
Nscale$14.6B
Lambda$9.1B
FluidStack$7.5B
Icertis$3.0B
Automation Anywhere$1.5B
Flock Freight$1.3B
Algolia$919.3M
Tensordyne$510.0M
Burl Concepts$42.0M
Wunderkind
HelloSky

Recent deals

3 recorded
Jan 2026FluidStackSeries A$830.0M
Nov 2025LambdaSeries E$1.5B
Jul 2025TensordyneSeries C1$35.0M

Funds

1 recorded
  • Karmel Capital Opportunity Fund2026$170

$170 raised across the 1 fund that report a size

Team
8 people on record — 8 with verified contacts

Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.

See the team →

Frequently asked

What companies does Karmel Capital invest in?
Karmel Capital has 12 recorded portfolio companies, including Crusoe, Nscale, Lambda, FluidStack.
What is Karmel Capital's AUM?
Karmel Capital manages approximately $300.0M in assets.
Is Karmel Capital actively investing?
Karmel Capital's most recent recorded investment was in Jan 2026, with 2 investments in the last 12 months.