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FJ Labs

North America, New York, United States, New York

Description

FJ Labs is a prominent New York-based venture capital firm co-founded by seasoned entrepreneurs Fabrice Grinda and Jose Marin. The firm distinguishes itself through its stage-agnostic investment approach, primarily targeting marketplace and consumer-facing startups. Leveraging their extensive operational experience, Grinda and Marin, who have built and exited multiple companies themselves (e.g., Grinda co-founded Aucland and OLX), bring a unique founder-centric perspective to their investment decisions. This deep understanding of entrepreneurial challenges and growth strategies underpins their value proposition to portfolio companies.

The firm's investment strategy is highly flexible, accommodating companies from the earliest seed stages through to growth rounds. FJ Labs typically deploys initial checks ranging from $50,000 for nascent ventures to over $5,000,000 for more mature, scaling businesses. Beyond capital, FJ Labs is known for its hands-on involvement, providing strategic guidance, operational support, and access to a vast network of industry contacts. Their portfolio spans a diverse array of sectors within the marketplace and consumer tech landscape, reflecting their broad expertise and global reach.

With a robust track record, FJ Labs has built an impressive portfolio that includes investments in over 700 companies worldwide, many of which have achieved significant scale and successful exits. Notable investments include stakes in companies like Alibaba, Coupang, Delivery Hero, and The RealReal, underscoring their ability to identify and back future market leaders. The firm continues to actively invest, having recently raised FJ Labs IV, a $200 million fund in 2021, further solidifying its capacity to support ambitious entrepreneurs globally. Their consistent focus on disruptive marketplace models and consumer innovation positions them as a key player in the venture capital ecosystem.

Investor Profile

FJ Labs has backed more than 1,564 startups, with 156 new investments in the last 12 months alone. The firm has led 54 rounds, about 3% of its total and boasts 95 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, United Kingdom, Brazil.
  • Strong thematic focus on E-Commerce, Software, Financial Services.
  • Led 2 rounds in the past year.
  • Typical check size: $50K – $5M.

Stage Focus

  • Seed (34%)
  • Series A (24%)
  • Series B (11%)
  • Pre Seed (11%)
  • Series Unknown (6%)
  • Convertible Note (5%)
  • Series C (4%)
  • Series D (1%)
  • Secondary Market (1%)
  • Series E (1%)

Country Focus

  • United States (50%)
  • United Kingdom (7%)
  • Brazil (6%)
  • France (5%)
  • Canada (4%)
  • Germany (4%)
  • Spain (4%)
  • Mexico (3%)
  • Colombia (2%)
  • India (2%)

Industry Focus

  • E-commerce
  • Software
  • Financial Services
  • Fintech
  • Marketplace
  • Information Technology
  • Internet
  • Saas
  • Health Care
  • Mobile Apps
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does FJ Labs frequently co-invest with?

All Iron Ventures
Europe, Pais Vasco, Spain, Bilbao
Co-Investments: 20
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 24
Karman Ventures (fka Moving Capital)
North America, California, United States, Santa Monica
Co-Investments: 20
DN Capital
North America, California, United States, Menlo Park
Co-Investments: 24
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 36
SV Angel
North America, California, United States, San Francisco
Co-Investments: 20
Pareto Holdings
North America, Florida, United States, Miami
Co-Investments: 40
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 37
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 23
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 29

Which angels does FJ Labs often collaborate with?

Güimar Vaca Sittic
North America, New York, United States, New York
Shared Deals: 26
Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 17
JM
North America, United States
Shared Deals: 6
EL
North America, Florida, United States, Miami Beach
Shared Deals: 43
FG
North America, New York, United States, New York
Shared Deals: 96
JM
Europe, Madrid, Spain, Madrid
Shared Deals: 36
FR
Europe, Madrid, Spain, Madrid
Shared Deals: 6
CE
Europe, Berlin, Germany, Berlin
Shared Deals: 7
NB
North America, Florida, United States, Miami
Shared Deals: 18
JO
North America, Florida, United States, Miami
Shared Deals: 9

What are some of recent deals done by FJ Labs?

Caspian

San Francisco, California, United States

Caspian helps companies reclaim customs duties, taxes, and fees—faster and easier than ever before.

AccountingFinancial ServicesSupply Chain Management
SeedJul 29, 2025
Amount Raised: $5,400,000
VIVLA

Madrid, Madrid, Spain

Vivla offers second homeownership by helping people buy, own, and sell the fractions of the second home that fits their life.

Home ServicesReal EstateReal Estate Investment
Series UnknownJul 23, 2025
Amount Raised: $9,384,428
Capitalize.io

Newport Beach, California, United States

Capitalize.io is a commercial real estate lending marketplace with lender search, loan comparison, and network-building tools.

LendingMarketplaceReal Estate
SeedJul 21, 2025
Amount Raised: $4,000,000
Unblock

Grand Cayman, Midland, Cayman Islands

Unblock is a climate technology company that offers a solution to mitigate emissions.

Clean EnergyCleanTechEnergy Efficiency
SeedJul 8, 2025
Amount Raised: $13,500,000
Rebag

New York, New York, United States

Rebag is an e-commerce platform and retail store that buys, sells, and trades second-hand luxury handbags.

E-CommerceFashionPeer to PeerRetail
Series UnknownJun 27, 2025
Sublynk

Louisville, Colorado, United States

Sublynk is a SaaS company that offers a platform for restoration companies to onboard and credential their network members.

Business DevelopmentSaaSSoftware
SeedJun 27, 2025
Amount Raised: $3,074,997
JOKR

Berlin, Berlin, Germany

JOKR operates Brazil’s leading online supermarket, stocking 5k–10k SKUs in micro-fulfillment centers and delivering groceries within minutes

DeliveryDelivery ServiceGrocery
Series FJun 27, 2025
LoopUp

London, England, United Kingdom

LoopUp is a premium remote meetings solution.

CollaborationEnterprise SoftwareMobileSaaSSoftware
Series UnknownJun 23, 2025
Marble Health

New York, New York, United States

Marble Health provides access to personalized therapy to help teens in their mental health journey.

Health CareMental HealthWellness
Series AJun 20, 2025

Selenios is an AI company that automates recruiting, scheduling, and interviewing processes to reduce hiring time.

Artificial Intelligence (AI)Human ResourcesRecruiting
Pre SeedJun 20, 2025