Active Capital is a pre-seed venture firm in San Antonio backing technical founders who are rebuilding business software and infrastructure for an AI-native world. Pat Matthews founded it in 2018. It usually writes a first check of around $500K, leads or joins pre-seed rounds, and can invest more as companies grow. Its portfolio includes Teleport, Fathom, Daytona, Slang.ai, Schematic, Super Dispatch, Living Security and Cart.com. Exits include ProsperOps (acquired by Flexera), Sendspark (Xenon), Chartio (Atlassian), Finmark (BILL), ScaleFT (Okta), Makeswift (BigCommerce) and Pingboard (Workleap).