Rafael Corrales
Founder @ Background Capital | Early Stage Investing
United States
Invests in
Stages:
Locations:
Min Investment:
$100,000.00Max Investment:
$250,000.00Target Investment:
$100,000.00
Skills
Education
- HB
- GI
Lists including Rafael
Investments
Work Experience
2018
Founder
2018
I invest in early stage startups with a path to becoming fundamental businesses. I am solely backed by top founders, executives, and super connectors - this is to create a multiplier on my own efforts to support the next wave of great founders. Before, I was an early advisor to Instacart (IPO $CART) and a first round angel to Blockchain ($14b by DST), Webflow ($4b by YC Continuity), Clearbit (acq. HubSpot), and Luxe (acq. Volvo). Because this is my full time profession and I take the same dilution alongside the teams I back, I’m the most aligned early stage individual investor for founders.
2016 - 2017
Founding Investor, Board Member
2016 - 2017
Founding investor and board member of Vercel (f.k.a. ZEIT) from solo founder / idea stage.
2013 - 2017
Partner
2013 - 2017
Received a promotion after a year and a half, becoming the youngest check writer in CRV's +50 year history. I led the initial round for Vercel ($3.25b by Accel) and sourced Airtable ($11.7b by XN, Franklin Templeton, Silver Lake) and PillPack (acquired by Amazon for ~$1b).
2012 - 2015
Advisor
2012 - 2015
Advisor to Instacart from idea stage, before YC. Helped the company through many financings, strategic issues, and key hires including the President.
2010 - 2013
CEO / Co-founder (acquired by Wordpress)
2010 - 2013
LearnBoost pioneered major Node.js libraries like Socket.io and Express. Acquired in 2013 by Automattic (WordPress) as the largest of their first 12 acquisitions.