Bonsal Capital is a mission-driven investment firm focusing on technology-enabled services in education and workforce sectors. Based in Baltimore, Maryland, the firm primarily invests in the Capital Region, supporting seed-stage and early-stage startups. Their typical investment rounds include Series A, Seed, and Series B.

Notable portfolio companies include BetterLesson, Upswing, and Videology. Founded by Frank A. Bonsal, Jr., co-founder of New Enterprise Associates (NEA), Bonsal Capital leverages its experience in education, venture capital, and ecosystem leadership to empower underrepresented founders and emerging managers. The firm aims to drive innovation in learning and work, providing resources and support to help startups better serve their end users and customers.