
Fresco Capital
Description
Fresco Capital is a prominent early-stage venture capital firm with a distinctive global footprint, maintaining managing partner presence in key innovation hubs including San Francisco, Tokyo, and Hong Kong. This strategic international presence allows the firm to identify and support exceptional founders across diverse geographies, emphasizing a global perspective in its investment thesis. The firm primarily focuses on pre-seed and seed-stage companies, aiming to be the first institutional capital for promising startups.
The firm's investment strategy is centered on providing initial capital to nascent ventures. Fresco Capital typically deploys first checks ranging from $250,000 to $1,000,000, indicating a commitment to significant early-stage support while also reserving capital for potential follow-on rounds. Beyond financial investment, Fresco Capital emphasizes a hands-on approach, leveraging its partners' extensive operational experience to assist portfolio companies with strategic guidance, talent acquisition, and global market expansion. Their philosophy underscores building long-term relationships with founders, offering mentorship and access to a broad network.
Fresco Capital has demonstrated a robust investment track record, having raised a total of $50.3 million across three distinct funds. This capital has enabled them to make a substantial impact in the early-stage ecosystem, evidenced by their impressive portfolio of 126 investments. The firm has also achieved considerable success in generating returns for its limited partners, boasting 35 exits from its portfolio companies. Their most recent fund, Fresco Capital Fund III, closed in 2019 with $25 million, further solidifying their capacity to continue backing innovative startups globally.
Investor Profile
Fresco Capital has backed more than 93 startups, with 1 new investments in the last 12 months alone. The firm has led 3 rounds, about 3% of its total and boasts 17 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Hong Kong, Singapore.
- Strong thematic focus on Software, Education, Health Care.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (57%)
- Series A (17%)
- Series Unknown (8%)
- Series B (4%)
- Convertible Note (3%)
- Pre Seed (2%)
- Series D (2%)
- Angel (2%)
- Debt Financing (2%)
- Initial Coin Offering (1%)
Country Focus
- United States (71%)
- Hong Kong (11%)
- Singapore (4%)
- India (3%)
- United Kingdom (3%)
- China (2%)
- Italy (2%)
- Canada (2%)
- Estonia (1%)
Industry Focus
- Software
- Education
- Health Care
- Saas
- Analytics
- Edtech
- Big Data
- Information Technology
- Fintech
- Enterprise Software
Frequently Asked Questions
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