# Initialized Capital (slim)

> Initialized Capital's investments in AI tools on Anchor Terminal, People Center, Inc. dba Rippling and ZeroEntropy (acquired by Notion), with each listing's grade and the founders behind it.

- Full: https://www.anchorterminal.com/investors/initialized-capital/index.md (~600 tokens) · this version ~480 tokens · JSON https://www.anchorterminal.com/investors/initialized-capital/index.json · canonical https://www.anchorterminal.com/investors/initialized-capital/
- Index: https://www.anchorterminal.com/llms.txt · API: https://www.anchorterminal.com/api/v1/index.json · MCP: https://www.anchorterminal.com/mcp · Updated: 2026-10-28
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)

Venture firm.

Website: https://initialized.com

## Companies on Anchor Terminal

- **People Center, Inc. dba Rippling**, Series A, Series B
  - [Rippling](https://www.anchorterminal.com/tools/rippling.md), graded C, 60.9/100
  - Source: https://www.rippling.com/blog/rippling-45m-series-a-kleiner-perkins
- **ZeroEntropy (acquired by Notion)**, Seed, July 2025, led a round
  - [ZeroEntropy zerank and zembed](https://www.anchorterminal.com/tools/zeroentropy.md), graded F, 14.3/100
  - Source: https://techcrunch.com/2025/07/09/moroccan-founder-raises-4-2m-for-her-yc-backed-startup-building-the-next-layer-of-ai-search/

## Where they invest

- HR & employee operations, 1
- Embeddings & rerankers, 1

## Founders they backed

- [Ghita Houir Alami](https://www.anchorterminal.com/people/ghita-houir-alami/), ZeroEntropy (acquired by Notion)
- [Nicholas Pipitone](https://www.anchorterminal.com/people/nicholas-pipitone/), ZeroEntropy (acquired by Notion)

## Questions

### Which AI tools has Initialized Capital invested in?

Anchor Terminal lists People Center, Inc.

### How are Initialized Capital's companies graded?

On Anchor Terminal's benchmark, Rippling (C, 60.9) and ZeroEntropy zerank and zembed (F, 14.3).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source.