Dave Richards – Startup Investor Profile

Dave Richards is the Co-founder and Managing Partner of Capria Ventures, specializing in venture capital across regions in the Global South. He has experience leading businesses and co-founding ventures in various industries. Dave’s track record includes leading the consumer business at Real Networks and building B2B project management and enterprise database software businesses. Capria Ventures focuses on early-stage investments in regions like India, Southeast Asia, Latin America, and Africa. Some of their investments include wagely in Asia’s financial wellbeing sector and in India’s agri-tech sector. Dave Richards is devoted to empowering microfinance and female empowerment in the Global South through his involvement with Unitus Labs.

Location: Seattle, Washington, United States

Country: United States of America

Investment Regions: EA, LATAM, SEA

Investment Stages: pre-seed, seed

Website:

AI Reasoning: Found a March 4, 2024 investment where Capria Ventures led the equity portion of Wagely’s $23M raise and Dave Richards is quoted as managing partner. From November 1, 2025, that investment occurred 20 months ago, which is more than 12 months? Wait recalc: March 4, 2024 to Nov 1, 2025 is 1 year 7 months 28 days = 20 months -> That falls into low-active. However instruction: must mention the startup in reasoning – Wagely. The correct tag based on 20 months since last known investment is low-active.

Low Activity – Only known angel investments more than 12 months ago.

Active – Known angel investments between the last 12 and 6 months.

Very Active – Known angel investments in the last 6 months.