Fitz Gate Ventures

Fitz Gate Ventures is an early-stage venture capital firm with offices in Princeton, New Jersey, and Houston, Texas. Established as a network-driven firm, Fitz Gate primarily focuses on Seed and Series A investments across a diverse range of sectors. A distinctive aspect of their strategy is their deep connection to Princeton University, leveraging an extensive alumni network for deal sourcing, due diligence, and portfolio support, though their investments are not exclusively limited to companies with a Princeton affiliation.

The firm positions itself as an active, supportive partner to its portfolio companies, aiming to be either the first institutional investor or a key participant in early institutional rounds. Fitz Gate Ventures employs a generalist approach to industry sectors, with past investments spanning enterprise software, fintech, healthcare, consumer products, and deep technology. Their "network-driven" model is central to their value proposition, providing founders with access to strategic connections, industry expertise, and potential follow-on investors, thereby accelerating growth and mitigating early-stage challenges.

Fitz Gate Ventures has demonstrated consistent growth in its fund sizes, reflecting its expanding influence and investment capacity. The firm successfully raised its first fund, Fitz Gate Ventures Fund I, at $20 million in 2016. This was followed by Fitz Gate Ventures Fund II, which closed at $50 million in 2019, and most recently, Fitz Gate Ventures Fund III, which closed at $60 million in 2022. From their latest fund, Fitz Gate typically writes initial checks ranging from $1 million to $2 million, reserving capital for subsequent follow-on investments to support their portfolio companies through later funding rounds. This strategy underscores their commitment to long-term partnership with promising early-stage ventures.