
FundersClub
Description
FundersClub is a pioneering online venture capital firm based in San Francisco, California, established in 2012 by Alex Mittal and Boris Revsin. It revolutionized venture investing by creating a platform that allows accredited investors to participate in early-stage startup funding alongside traditional venture capitalists. Operating primarily in the Seed and early Series A stages, FundersClub leverages a unique model that combines managed funds with Special Purpose Vehicles (SPVs) for individual deals, democratizing access to high-growth private companies. This approach enables a broader base of investors to gain exposure to promising startups that might otherwise be inaccessible.
The firm has built a robust portfolio of over 300 companies, demonstrating its significant activity and reach within the startup ecosystem. Notable investments include industry giants such as Coinbase, Instacart, Flexport, and GitLab, highlighting FundersClub's ability to identify and back future market leaders. These portfolio companies have collectively gone on to raise over $1.5 billion in follow-on funding, underscoring the initial quality of FundersClub's selections and their subsequent growth potential. Their investment strategy focuses on identifying innovative companies with strong teams and scalable business models across various sectors.
FundersClub's hybrid model provides flexibility, allowing them to participate meaningfully in Seed and early Series A rounds. While specific, publicly disclosed typical check sizes can vary and evolve with market conditions, FundersClub generally contributes capital in the range suitable for significant participation in these early stages. Their role often involves co-investing with other prominent VCs and angels, providing crucial early capital that helps startups achieve key milestones and attract subsequent larger funding rounds. The platform continues to be a significant player in the venture landscape, bridging the gap between promising startups and a diverse pool of capital.
Investor Profile
FundersClub has backed more than 528 startups, with 7 new investments in the last 12 months alone. The firm has led 15 rounds, about 3% of its total and boasts 95 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, Canada, India.
- Strong thematic focus on Software, SaaS, E-Commerce.
- Led 2 rounds in the past year.
Stage Focus
- Seed (67%)
- Series A (13%)
- Series Unknown (7%)
- Pre Seed (6%)
- Series B (4%)
- Series C (1%)
Country Focus
- United States (75%)
- Canada (10%)
- India (3%)
- Brazil (2%)
- United Kingdom (1%)
- France (1%)
- Mexico (1%)
- Denmark (1%)
- Chile (1%)
- Singapore (1%)
Industry Focus
- Software
- Saas
- E-commerce
- Information Technology
- Fintech
- Health Care
- Artificial Intelligence (Ai)
- Analytics
- Internet
- Mobile
Frequently Asked Questions
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