Acero Capital is a venture capital firm specializing in late venture, mid venture and growth equity investments. The firm typically makes stage agnostic investments. Acero Capital actively pursues investments in enterprise IT: IT infrastructure, enterprise mobility, data analytics and enterprise cloud applications. Companies in Acero's portfolio include: Swrve, Contrast Security, Gridstone, Argyle Data, Livehive, Bitzer Mobile and Banyan Energy.

Acero Capital was founded in 2009 and is based in Menlo Park, California. After investing an inaugural fund of US$150m, Acero Capital will search for new approaches to large and established markets, and management teams with exceptional foresight and resourcefulness. An emphasis will be placed on capital-efficient business models that can turn capital efficiency into competitive advantage.