New Cycle Capital is a venture capital firm that specializes in early stage investments of businesses. It invests in capital-efficient businesses in the first round of institutional capital, often as the only fund alongside angel investors. Portfolio businesses of the company are GOALSPRING, OPOWER, RENEWABLE FUNDING, SABEResPODER, TerraPass, and VILLA. New Cycle Capital is located in the United States and it is founded by Josh Becker and Benjamin Black.