Firms

Spider Capital

Spider Capital

San Francisco, California, United States

spidercapital.com

Spider Capital is the US seed-stage venture brand of Spider Capital Partners Management, LLC, an SEC exempt reporting adviser CRD282546 / file802-107605. Its March21,2026 annual ADV and own legal copyright establish the exact manager, distinct from Spider Management, SpiderRock, Spider Forex and unrelated similarly named entities. Founded by Michael Neril in2015, Spider leads or co-leads early enterprise cloud and applied-AI software investments, principally in the UnitedStates and Canada with selected investments in Israel and Europe. Its current published roster includes three investment partners, three operating partners, a venture partner, seven venture advisers and a senior adviser; external operational/advisory roles are distinguished from statutory management. The team brings cloud software, data analytics, enterprise sales, robotics and digital-health experience. Its own portfolio spans AI healthcare fraud analytics, autonomous industrial inspection, manufacturing process optimization and enterprise software. The SEC filing reports four distinct Delaware fund vehicles including a separate FundI Select vehicle, with GPs and asset values qualified separately; targets and gross asset values are not represented as closed fundraising or issuer tickets. Public portfolio cards establish backing relationships but do not allocate checks or dates to specific vehicles.

Founded
2015
Type
Venture capital

Funds4

  • SPIDER CAPITAL PARTNERS I SELECT, LP—

    Exact Delaware private fund reported in Spider Capital Partners ManagementLLC March21,2026 annualADV. Distinct FundI Select vehicle; not automatically additional issuer funding. No source-proved actual finalclose amount/day supplied; offering target andgrossassetvalue notbooked ascapitalraised. No allocation of any Codoxo issuer ticket to thisfund is inferred.

  • SPIDER CAPITAL PARTNERS I, LP—

    Exact Delaware private fund reported in Spider Capital Partners ManagementLLC March21,2026 annualADV. Named venture vehicle; GP and managed-company legalidentity remain distinct. No source-proved actual finalclose amount/day supplied; offering target andgrossassetvalue notbooked ascapitalraised. No allocation of any Codoxo issuer ticket to thisfund is inferred.

  • SPIDER CAPITAL PARTNERS II, L.P.—

    Exact Delaware private fund reported in Spider Capital Partners ManagementLLC March21,2026 annualADV. Named venture vehicle; GP and managed-company legalidentity remain distinct. No source-proved actual finalclose amount/day supplied; offering target andgrossassetvalue notbooked ascapitalraised. No allocation of any Codoxo issuer ticket to thisfund is inferred.

  • SPIDER CAPITAL PARTNERS III, L.P.—

    Exact Delaware private fund reported in Spider Capital Partners ManagementLLC March21,2026 annualADV. Named venture vehicle; GP and managed-company legalidentity remain distinct. Initial primary FormD March18,2022 reports USD100M offering target, zero sold and firstsale yettooccur, so not a100Mraise. No allocation of any Codoxo issuer ticket to thisfund is inferred.

Team

Operations and support

Alan PriestAlan PriestVenture Advisor
Charles CarmelCharles CarmelVenture Advisor
Courtney BroadusCourtney BroadusVenture Advisor
David BermanDavid BermanOperating Partner
Jeff MaJeff MaVenture Advisor
John GengarellaJohn GengarellaVenture Advisor
Judy LoehrJudy LoehrOperating Partner
Matt FisherMatt FisherVenture Partner
Michael NerilMichael NerilFounder & Managing Partner
Minsoo ChiMinsoo ChiPartner
Neal GoldmanNeal GoldmanOperating Partner
Ofir Bar LevavOfir Bar LevavVenture Advisor
Philippe SuchetPhilippe SuchetPartner
Ron FrankelRon FrankelSenior Advisor
Yuri SagalovYuri SagalovVenture Advisor

Co-investing

GRA Venture Fund
Brewer Lane Ventures
Mosley Ventures
QED Investors
TechSquare Labs

Investments