
Felicis
Description
Felicis is a prominent venture capital firm based in Menlo Park, California, known for its multi-stage investment strategy spanning from Seed to Series C. The firm has established itself as a significant player in the venture ecosystem, consistently backing innovative companies across various sectors, including frontier technology, enterprise software, consumer, and healthcare. With a philosophy centered on supporting "founders of the future," Felicis aims to partner with visionary entrepreneurs building category-defining businesses.
The firm's investment approach is characterized by its flexibility in stage and sector, allowing them to engage with companies at critical junctures of their growth. Felicis typically writes initial checks ranging from $1 million for early-stage opportunities up to $20 million for later-stage Series B or C rounds, demonstrating their capacity to support companies through significant growth phases. This broad check size range is supported by substantial capital, with their most recent fund, Felicis Ventures IX, closing at an impressive $825 million in 2023, further solidifying their ability to make impactful investments and follow-on commitments.
Felicis prides itself on being a founder-first firm, offering not just capital but also strategic guidance and operational support to its portfolio companies. Their team leverages deep industry expertise and an extensive network to help entrepreneurs navigate challenges and accelerate growth. Over the years, Felicis has built a strong track record of identifying and nurturing successful ventures, contributing to the development of numerous high-growth companies that have gone on to achieve significant milestones and exits. Their long-term partnership approach aims to foster enduring relationships with founders, providing sustained value beyond the initial investment.
Investor Profile
Felicis has backed more than 678 startups, with 41 new investments in the last 12 months alone. The firm has led 155 rounds, about 23% of its total and boasts 163 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Australia, Canada.
- Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
- Led 25 rounds in the past year.
- Typical check size: $1M – $20M.
Stage Focus
- Seed (31%)
- Series A (30%)
- Series B (18%)
- Series C (8%)
- Series Unknown (5%)
- Series D (4%)
- Angel (2%)
- Series E (1%)
Country Focus
- United States (91%)
- Australia (3%)
- Canada (2%)
- Germany (1%)
- United Kingdom (1%)
Industry Focus
- Software
- Saas
- Artificial Intelligence (Ai)
- Health Care
- Information Technology
- Enterprise Software
- Analytics
- E-commerce
- Machine Learning
- Internet
Frequently Asked Questions
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