
Fika Ventures
Description
Fika Ventures is a prominent seed-stage venture capital firm based in Culver City, California, co-founded by Eva Ho and Arjun Sethi. The firm distinguishes itself through its highly selective approach to early-stage investments, primarily focusing on pre-seed and seed rounds. Fika Ventures targets a diverse yet specific set of sectors, including enterprise and B2B software, FinTech, marketplaces, and digital health. Their investment philosophy emphasizes partnering with exceptional founders who are building foundational technologies and disruptive business models, providing not just capital but also significant operational guidance and strategic support to help navigate the complexities of early growth.
The firm is known for its hands-on approach, leveraging the extensive operational backgrounds of its partners to assist portfolio companies with product development, go-to-market strategies, and talent acquisition. Fika Ventures seeks to be the first institutional capital for many of its investments, playing a crucial role in shaping the initial trajectory of startups. Their portfolio reflects a commitment to innovation across various industries, backing companies that aim to solve complex problems through technology.
Fika Ventures has steadily grown its capital base, demonstrating continued confidence from its limited partners. The firm successfully closed its fourth fund, Fika Ventures IV, at $110 million in 2023, bringing their total capital raised across core funds to over $315 million. This substantial capital allows them to maintain their focus on impactful early-stage investments. Typically, Fika Ventures writes initial checks ranging from $750,000 to $2 million, providing critical early funding that enables startups to achieve key milestones before larger Series A rounds. This strategic check size positions them as a significant player in the competitive seed funding landscape, enabling them to support a robust pipeline of promising ventures.
Investor Profile
Fika Ventures has backed more than 100 startups, with 13 new investments in the last 12 months alone. The firm has led 25 rounds, about 25% of its total and boasts 6 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, Canada, South Korea.
- Strong thematic focus on Software, Information Technology, SaaS.
- Led 6 rounds in the past year.
- Typical check size: $750K – $2M.
Stage Focus
- Seed (52%)
- Series A (27%)
- Series B (11%)
- Series Unknown (4%)
- Pre Seed (2%)
- Series C (2%)
- Convertible Note (1%)
- Private Equity (1%)
Country Focus
- United States (95%)
- Canada (2%)
- South Korea (1%)
Industry Focus
- Software
- Information Technology
- Saas
- Financial Services
- Fintech
- Artificial Intelligence (Ai)
- Machine Learning
- Commercial Real Estate
- Payments
- Finance
Frequently Asked Questions
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