Darco Capital

Darco Capital, L.P. is a principal investment firm and family office based in Philadelphia, Pennsylvania, founded in 2010. It focuses on investing in technology and consumer businesses, including startups and established companies. The firm is the investment vehicle of David Adelman and aims to identify and support promising ventures within these sectors.

David J. Adelman

Founder

10 past transactions

ReMo Energy

Seed Round in 2022
ReMo Energy is a pioneer in the use of renewable energy in place of fossil fuels to produce industrial goods.

Neutral

Series A in 2022
Neutral is a carbon-neutral food company based in Portland, Oregon, founded in 2018. The company focuses on creating a sustainable food ecosystem, beginning with dairy products such as milk and half-and-half. Its product range includes organic milk and meat products, all produced through environmentally friendly, carbon-neutral processes involving pasture-raised cows. By prioritizing high nutritional content, including beneficial omega-3 and conjugated linoleic acid (CLA), Neutral aims to provide consumers with nutritious options while actively contributing to a reduction in carbon emissions and promoting a greener society.

Stimulus

Seed Round in 2022
Stimulus, Inc. develops a relationship intelligence software. It offers Stimulus, a relationship intelligence software that streamlines vendor and supplier management for companies to make better purchasing decisions. The company was founded in 2016 and is based in New York, New York.

Rubi Laboratories

Seed Round in 2022
Rubi Laboratories develops technology that manufactures carbon-negative textile. It uses sustainable solutions to turn carbon emission into natural fibers. Rubi Laboratories is based in California, USA.

Philanthropi

Venture Round in 2021
Philanthropi utilizes technology to implement, manage, and measure philanthropic initiatives for organizations. Its technology provides turnkey solutions that foster internal and external charitable giving across all acts of philanthropy. The company was founded in 2018 and is headquartered in Philadelphia, Pennsylvania.

Lightyear

Series A in 2021
Lightyear AI, Inc. is a developer of an online platform that streamlines the procurement of information technology infrastructure for businesses. Founded in 2019 and based in Albany, New York, the company offers solutions for various IT needs, including Internet connectivity, managed Wi-Fi, SD-WAN services, multi-location connectivity, hardware installation, network setup, maintenance, and cloud cost optimization. Its platform simplifies the entire IT buying process by enabling businesses to manage contracts, handle renewals, and conduct switch analyses directly through an intuitive dashboard. This approach allows businesses to save time and reduce costs when purchasing IT infrastructure. Lightyear was co-founded by Dennis Thankachan and Ryan Schrack.

Beach Whiskey

Acquisition in 2021
Beach Whiskey™ was founded in 2015 by entrepreneurs including TV and radio personality Billy Bush, music stars Jake Owen and Gavin DeGraw, beverage industry veteran J. Smoke Wallin and co-founding investor and advisor Ken Austin, and entrepreneurs co-founder Andrew McGinnis and co-founding investors Kenny Dichter and Andrew Kline. Beach Whiskey is a flavored American whiskey made for sun worshiping, moon chasing, and fun seekers. A whiskey for the wise and the whimsical. A whiskey for those drawn to the water, the waves, who welcome a little wickedness. Beach Whiskey is about time…your time, day time! Born on the beach, enjoyed everywhere. No matter where you are, our mission is to bring the beach – “your place in the sun” – to thirsty, fun-loving whiskey drinkers everywhere. Please sip and swim responsibly!

Osaro

Series B in 2020
Osaro, Inc. develops industrial-grade artificial intelligence (AI) software to automate the manual picking and assembly tasks in distribution centers and manufacturing facilities. It offers automation solutions for computer and robotic systems driven by advanced machine learning software. The company also provides machine learning products that automatically processes large amounts of unstructured data and learns complex control tasks. Osaro, Inc. was incorporated in 2015 and is based in San Francisco, California.

Art of Sport

Series A in 2020
Art of Sport is a direct-to-consumer body care company established in 2018, focusing on products specifically designed for athletes. Founded by Matthias Metternich, Brian Lee, and Kobe Bryant, the company collaborates with elite athletes from various sports to create a tailored lineup of skincare solutions. Their offerings include deodorants, body wash, soaps, sunscreens, and pain relief creams, all formulated to enhance performance and ensure athletes feel fresh. Art of Sport sells its products directly to consumers in the United States through its website, emphasizing a commitment to meeting the unique personal care needs of athletes.

Moov

Seed Round in 2020
Moov Technologies, Inc. is a software company that operates a real-time interactive platform for buying and selling pre-owned manufacturing equipment, specifically focusing on the semiconductor sector. Founded in 2018 and based in San Francisco, California, Moov's platform streamlines the transaction process by automating documentation, information sharing, and logistics. It integrates various services, including payments and asset management, to facilitate efficient transactions between buyers and sellers. By providing a marketplace that matches users with used equipment, Moov enables businesses to save time and money while minimizing waste in the manufacturing process.
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