Austin Petersmith is a co-founder and partner at Coughdrop Capital. He has previously served as a founder and CEO of several companies.

What Austin can write

Writes checks of$25K to $100K
Comes in atPre-seed, SeedMostly follows a lead
Best routeA short note on LinkedInA warm intro from a founder they backed works better.

Coughdrop Capital writes $25K to $100K checks, larger than 1% of firms in the atlas.

Bars: how many firms report each check band. Highlighted: Coughdrop Capital.

Career

  1. Capiche · founder and CEO
  2. Racket.com · founder and CEO
  3. Howie · founder and CEO
  4. Vendr · VP of Growth and Community
  5. Coughdrop Capital · VC Partner
    Now

Companies founded

Coughdrop CapitalCapicheRacket.comHowie

Investments named in public bios

SuperhumanCatch BenefitsMercuryParty Round

Focus

SaaSAIFinTechEnterpriseB2B software

Also at Coughdrop Capital

Partners like Austin

At firms with a similar stage, sector and check size.

Alert me when Coughdrop Capital is active

One email when Austin's firm raises a fund, adds a partner or shows new activity.

Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Questions

Who is Austin Petersmith?

Austin Petersmith is a co-founder and partner at Coughdrop Capital. He has previously served as a founder and CEO of several companies.

How much does Austin Petersmith invest?

Austin Petersmith invests through Coughdrop Capital, which writes checks of $25K to $100K at pre-seed, seed.

How do I pitch Austin Petersmith?

A warm intro from a founder Coughdrop Capital backed works best. A short LinkedIn note with one line on traction is the next best route.

What did Austin Petersmith do before Coughdrop Capital?

founder and CEO at Capiche; founder and CEO at Racket.com; founder and CEO at Howie; VP of Growth and Community at Vendr.

Last updated 2026-10-15. Is this you? Ask for a correction.