Contrary Capital
Contrary Capital last closed a fund in January 2025 — 22 months ago. By its own rhythm, that is past halfway to the next one.
Contrary Capital has raised 3 times about every 36 months. The last was Contrary Capital V-A, L.P. That points to Jan 2028.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 10
- Capital raised
- $128M+
- Latest close
- January 2025
- Based in
- CA, NJ
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Contrary Capital V-A, L.P. | January 2025 | not stated | 0002048431 ↗ |
| Contrary Capital V, L.P. | June 2024 | $91M | 0002026727 ↗ |
| Contrary Capital IV-A, L.P. | July 2023 | not stated | 0001985102 ↗ |
| CONTRARY CAPITAL IV, LP | May 2022 | not stated | 0001922067 ↗ |
| Contrary Capital III-A, L.P. | November 2021 | not stated | 0001889906 ↗ |
| Contrary Modern, LLC | July 2021 | $250,000 | 0001871922 ↗ |
| Contrary Capital III, L.P. | June 2021 | not stated | 0001864752 ↗ |
| Contrary Breakout Fund I, L.P. | December 2020 | not stated | 0001836248 ↗ |
| Contrary Capital, L.P. | August 2017 | $2M | 0001742301 ↗ |
| Contrary Capital II, L.P. | — | $35M | 0001766125 ↗ |
6 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
What Contrary Capital invests in
- Typical fund
- $35M median, seed to early stage
- Website
- startupsearch.com
Service providers
- Fund administrator
- Carta (8 funds)
- Auditor
- Frank Rimerman (8 funds)
From Form ADV filed by CONTRARY LLC CRD 311054 ↗, latest filing July 2026, covering 8 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.