Lee Fixel

Lee Fixel is a highly influential figure in the venture capital landscape, renowned for his strategic investments in high-growth technology companies. Before founding Addition in 2019, Fixel spent 13 years at Tiger Global Management, where he built and led their private equity business. During his tenure at Tiger Global, he was instrumental in some of the firm's most successful investments, including early bets on global giants like Flipkart, JD.com, and Spotify, establishing a reputation for identifying transformative companies in emerging markets and beyond.

Upon launching Addition, Fixel quickly established it as a formidable player in the growth equity space. The firm focuses on late-stage venture and growth equity investments, typically targeting companies with proven business models and significant scaling potential. Addition is known for its lean operational structure, rapid decision-making, and founder-friendly approach, often leading or co-leading substantial funding rounds. Their investment philosophy emphasizes long-term partnerships and providing significant capital to accelerate growth across various sectors, including enterprise software, fintech, e-commerce, and consumer internet.

Addition has demonstrated its ability to raise substantial capital, reflecting investor confidence in Fixel's track record and strategy. For instance, the firm successfully closed its debut fund with $1.3 billion and followed up with a second fund raising $1.4 billion, and a third fund securing $1.5 billion. Addition typically deploys initial checks ranging from $50 million to $200 million, though they have the flexibility to invest outside this range for compelling opportunities. This substantial check size allows them to be a lead investor in significant growth rounds, providing the necessary capital for companies to achieve global scale.