Hat-Trick Capital
About Hat-Trick Capital
Hat-Trick Capital was founded in 2021, and its profile on Startup Intros places the founding in late 2021 under managing partner Peter Pan, who previously held strategy and finance roles at large corporations and started ventures at Amazon. Bloomberg and Crunchbase also list Pan as a founding or managing partner. Tracxn lists Gary Lin as a second partner, based in Hong Kong, along with a venture partner and several principals, and counts the team at roughly 10 to 11 people. The firm describes itself as backed by family offices and multi-family offices and reports about $100 million in assets under management. No individual fund names or per-fund sizes appear in the public sources reviewed.
The firm's website names agentic AI as a core focus, covering enterprise copilots, autonomous agents, AI infrastructure and developer tools, alongside robotics and consumer tech. Its AI investments in the sources reviewed include Respan, an observability platform for AI agents, which raised a $5M seed round in March 2026 led by Gradient Ventures with Hat-Trick Capital participating. TestSprite, an AI-powered testing platform, has raised seed rounds in November 2024 and October 2025. FlashIntel, an AI-driven go-to-market platform, raised a $10M seed round in August 2023 with Hat-Trick Capital in the investor group. Creatify AI, which works on AI-powered content generation, is listed as a Series A investment. Public sources do not say which partner leads the firm's AI deals.
The firm's website lists checks of $1M to $3M from pre-seed through Series A. Several directories give a wider range of $500K to $3M. ConnectLab describes the firm as leading rounds, but the Respan round was led by Gradient Ventures, so the firm's lead role varies by deal.
- Respan: AI agent observability platform; $5M seed round, March 2026, led by Gradient Ventures
- TestSprite: AI-powered testing platform; seed rounds of $2M (November 2024) and $7M (October 2025)
- FlashIntel: AI-driven go-to-market platform; $10M seed round, August 2023
- AdsGency AI: $12M seed round, reported in October 2025 by Startup Intros (other directories date it differently)
- Creatify AI: AI-powered content generation; listed as a Series A investment
- Gency AI: round in March 2026 with Hat-Trick Capital listed as a co-investor
- hat-trickcapital.com/site
- startupintros.com/orgs/hat-trick-capital
- pitchbook.com/profiles/investor/518832-82
- askforfunding.com/investor/hat-trick-capital
- tracxn.com/d/venture-capital/hattrick-capital/**kC9S8624xOtDm4HoZKJLfA
- connectlab.live/funds/hat-trick-capital-llc
- caplight.com/investor/hat-trickcapital
- respan.ai/blog/respan-raises-5m-seed
Investing activity
Hat-Trick Capital has made 17 investments according to Crunchbase across 15 portfolio companies, and has led 2 rounds and seen 1 exit.
Hat-Trick Capital appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $5M. The most recent is Respan (Seed, $5M, Mar 2026).
Hat-Trick Capital most often invests alongside Gradient Ventures, Antigravity Capital, Alpen Capital and XiaoXiao Fund, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Hat-Trick Capital
Where is Hat-Trick Capital based?
Hat-Trick Capital is based in Palo Alto, California. Its website describes the firm as Silicon Valley-based.
When was Hat-Trick Capital founded and by whom?
Directories list the firm as founded in 2021. Startup Intros names Peter Pan, its managing partner, as the founder.
What stages and check sizes does Hat-Trick Capital invest at?
The firm's website lists checks of $1M to $3M from pre-seed to Series A. Some directories list $500K to $3M.
Which AI companies has Hat-Trick Capital backed?
Public sources list Respan, TestSprite, FlashIntel and Creatify AI among its AI investments. Respan's $5M seed round closed in March 2026.
Does Hat-Trick Capital focus on agentic AI?
Yes. The firm's website names agentic AI, including enterprise copilots, autonomous agents and AI infrastructure, as a core sector.
What AI companies has Hat-Trick Capital invested in?
Hat-Trick Capital's AI investments include Respan. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
What stage does Hat-Trick Capital invest at?
In the rounds tracked on AI Lounge, Hat-Trick Capital has invested at Seed, with a median round of $5M.
Who does Hat-Trick Capital co-invest with?
Hat-Trick Capital's most frequent co-investors on AI Lounge are Gradient Ventures (1 deal), Antigravity Capital (1 deal), Alpen Capital (1 deal), XiaoXiao Fund (1 deal) and Y Combinator (1 deal).
How can founders reach Hat-Trick Capital?
Founders on AI Lounge can see Hat-Trick Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Hat-Trick Capital to their Investor Pipeline to track the conversation.