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Fresco Capital

North America, California, United States, San Francisco

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
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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 Fresco Capital frequently co-invest with?

LAUNCH
North America, California, United States, San Francisco
Co-Investments: 4
The Syndicate.com
North America, California, United States, San Francisco
Co-Investments: 4
500 Global
North America, California, United States, San Francisco
Co-Investments: 5
Wavemaker Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 5
Social Starts
North America, California, United States, San Francisco
Co-Investments: 6
Kapor Capital
North America, California, United States, Oakland
Co-Investments: 10
(ERA) Entrepreneurs Roundtable Accelerator
North America, New York, United States, New York
Co-Investments: 4
Imagine K12
North America, California, United States, Redwood City
Co-Investments: 6
University Ventures
North America, New York, United States, New York
Co-Investments: 4
1776 Ventures
North America, District of Columbia, United States, Washington
Co-Investments: 4

Which angels does Fresco Capital often collaborate with?

Tytus Michalski
Asia, Hong Kong Island, Hong Kong, Hong Kong
Shared Deals: 4
Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 3
JK
North America, California, United States, San Francisco
Shared Deals: 2
TM
North America, California, United States, Vineburg
Shared Deals: 1
CP
North America, California, United States, San Francisco
Shared Deals: 1
NR
North America, California, United States, San Francisco
Shared Deals: 2
Deborah Quazzo
North America, California, United States, San Francisco
Shared Deals: 2
JG
North America, California, United States, San Francisco
Shared Deals: 2
AD
North America, California, United States, San Francisco
Shared Deals: 1
JB
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Fresco Capital?

Subscript

Claymont, Delaware, United States

Subscript is a subscription intelligence platform that empowers B2B SaaS leaders with revenue metrics.

SoftwareSubscription Service
Series AFeb 27, 2025
Amount Raised: $15,000,000
Reap

Hong Kong, Hong Kong Island, Hong Kong

Reap is a financial platform that enables access and financial connectivity through innovation for companies of all sizes.

CreditFinanceFinancial ServicesFinTechPaymentsSoftware
Series AOct 26, 2022
Amount Raised: $40,000,000
Glints

Singapore, Central Region, Singapore

Glints is Southeast Asia’s largest talent platform for career development and recruitment.

EmploymentHuman ResourcesOnline PortalsRecruiting
Series DAug 30, 2022
Amount Raised: $50,000,000
Tangia

Wilmington, Delaware, United States

Tangia is a viewer interaction platform that allows content creators to supercharge their viewer engagement.

Digital EntertainmentMedia and EntertainmentSoftwareVideo Streaming
Pre SeedAug 22, 2022
Amount Raised: $1,200,000
TeiaCare

Milano, Lombardia, Italy

TeiaCare provides digital health solutions for elderly care management.

Artificial Intelligence (AI)Health CareInsurTechMachine Learning
SeedJul 1, 2022
Amount Raised: $2,607,274
Adni (Formerly Lumify)

San Francisco, California, United States

Adni is the all-in-one clinician engagement platform that improves recruiting & retention.

AppsHealth CareHospital
SeedMay 9, 2022
Amount Raised: $1,200,000
CoverGo

Singapore, Central Region, Singapore

CoverGo is a no-code insurance platform for property-and-casualty, health, and life insurance companies.

FinTechInsuranceInsurTechSoftware
Series AMay 9, 2022
Amount Raised: $15,000,000
PhableCare

Bangalore, Karnataka, India

PhableCare creates an ecosystem of health care providers to manage chronic diseases.

Health CareMobile AppsPersonal HealthWellness
Series BApr 11, 2022
Amount Raised: $24,657,643
Subscript

Claymont, Delaware, United States

Subscript is a subscription intelligence platform that empowers B2B SaaS leaders with revenue metrics.

SoftwareSubscription Service
SeedJan 27, 2022
Enable Us

San Francisco, California, United States

Enable Us is the most versatile buyer-centric enablement platform built to make the buying experience more efficient, transparent & personal

B2BCRMInformation ServicesInformation TechnologyMarketingReal TimeSaaSSalesSoftware
SeedDec 1, 2021
Amount Raised: $4,500,000