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Fund Intelligence

VC Fund Dossiers

1980 funds indexed — verified founder intel only

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AI INTEL
First Round Capital
San Francisco, CA
Seed
0No verified founder data yet
BERNIE'S TAKE

First Round is the gold standard of seed investing - they literally pioneered the category when Sand Hill Road dismissed them as a 'cute novelty' in 2005. What makes them special isn't just their legendary returns (that $510K Uber investment became $2.5B), it's their operator-first approach that treats founders like partners, not just portfolio companies. Founders say their First Round partner is 'the first person they text and call, their coach in the corner — and the kick in the ass when they need it most.' The firm built an entire platform team (GTM experts, recruiters, content strategists) to fill functional gaps in your early team - usually founders have to choose between early stage focus and functional expertise, but with First Round you can have your cake and eat it too. Their data-driven insights (like female-founded companies outperforming all-male teams by 63%) and content empire (First Round Review) show they're not just writing checks but building the playbook for early-stage success.

AI INTEL
First Round Capital
San Francisco, CA
Seed
0No verified founder data yet
BERNIE'S TAKE

First Round is the gold standard for early-stage support, but they've evolved into something closer to a startup accelerator than a traditional VC. They reject the idea that founders must choose between early-stage focus and functional expertise, providing both active VC partners and an extended operating team. The real differentiator isn't just their Uber-level returns — it's that they've systematized founder support with programs like PMF Method and their legendary First Round Review content. Their data shows companies with female founders outperformed all-male teams by 63%, and they actually act on diversity insights rather than just talking about them. The downside? They're incredibly selective and the bar keeps rising. They want 15-20% ownership, so expect meaningful dilution, but you're getting a partner who will roll up their sleeves from day one.

AI INTEL
FirstMark Capital
New York, NY
Seed
0No verified founder data yet
BERNIE'S TAKE

FirstMark is legitimately one of the most founder-friendly shops in NYC with an impressive track record of backing household names early (Pinterest seed, Shopify Series A). What sets them apart is their genuine community-building — Data Driven NYC isn't just marketing theater, it's a 20,000-person AI/ML network that actually delivers value. Rick and Amish are old-school venture guys who stick around through the long haul rather than chasing quick flips. The downside? They're hyper-selective and deeply relationship-driven, so good luck getting in without a warm intro. Their 'network-driven' approach means they prioritize founders who can play well with their extensive Guilds ecosystem — if you're a lone wolf type, this might not be your vibe.

AI INTEL
Five Elms Capital
Kansas City, MO
Growth
0No verified founder data yet
BERNIE'S TAKE

Five Elms is what happens when a Morgan Stanley alum decides Midwest nice actually works in VC. Fred Coulson's thesis is refreshingly honest: they're not the biggest firm, so they try harder. That translates to genuine founder-friendly behavior - they're comfortable being minority investors and often invest where capital is truly optional. Their operational value creation team isn't just marketing fluff; they have 17+ in-house operators who actually roll up their sleeves. The downside? They're not writing $100M+ checks for unicorn swings, so if you're looking for maximum dilution and Silicon Valley ego stroking, look elsewhere. But if you want partners who answer emails and show up when things get messy, they're solid.

AI INTEL
FJ Labs
New York, NY
Seed
0No verified founder data yet
BERNIE'S TAKE

This is what high-volume angel investing looks like when done right. FJ evaluates 40-50 deals every week (2,542 companies in 2019) and operates with brutal efficiency — two calls in a week, decision within an hour, clear feedback on why they're in or out. They don't lead, set terms, or take board seats, which founders love but means you're getting a check, not a champion. Their real value-add is fundraising help — they do deal flow sharing calls with around 100 VCs every 8 weeks and will help you complete rounds or raise future ones. The track record speaks for itself with over 30 unicorns and 44 total unicorns in portfolio including exits like Coupang, Uber, and Palantir. But remember: Fabrice is "very bullish AI" but "bearish investing in AI" — they're contrarian when everyone else is piling in.

AI INTEL
Flagship Pioneering
Cambridge, MA
Multi-stage
0No verified founder data yet
BERNIE'S TAKE

Flagship isn't your typical VC—they're a biotech factory that happens to have a fund attached. Afeyan runs it like a scientific dictatorship where he's the principal founder of everything, which means less dilution but also means you're not really the founder, you're more like a well-funded employee. They'll give you $50M+ and an army of PhDs but expect total control and board dominance. The upside? Unmatched operational support and pharma connections. The downside? You're building Noubar's vision, not yours. They've created genuine category-defining companies (hello Moderna), but founders sometimes feel like highly paid researchers rather than entrepreneurs. If you want to be coddled through biotech company building and don't mind giving up founder control, Flagship is unbeatable. If you want to build your own empire, look elsewhere.

AI INTEL
Flagship Pioneering
Cambridge, MA
Multi-stage
0No verified founder data yet
BERNIE'S TAKE

Flagship isn't your typical VC — they're more like a biotech production factory with Noubar Afeyan as the chief mad scientist. They file about 700 patents a year and have created 118 companies with a systematic "what if" approach. The upside? Twenty-five Flagship companies have completed IPOs since 2013, demonstrating exceptional exit performance. The reality check? Industry insiders whisper about reputation issues, with employee reviews citing "culture of extreme paranoia and secrecy" and Associates who "fully drank the Theranos 'image above science' Kool Aid." They position themselves as "principal founder rather than a traditional investor," meaning they'll want significant control and board seats. If you're comfortable with Flagship essentially running your company while you execute their scientific vision, the track record speaks for itself. If you want to be captain of your own ship, look elsewhere.

AI INTEL
Flare Capital Partners
Boston, MA
Seed
0No verified founder data yet
BERNIE'S TAKE

Flare's secret sauce isn't just their $1B AUM or 77 portfolio companies - it's their co-creation model where they actually incubate businesses directly with health-system and payer partners, using those enterprises' data, workflows, and distribution as the starting point. Their strategic LP network has contributed nearly $1 billion in revenue to portfolio companies - that's not marketing fluff, that's real distribution power. Partners like Michael Greeley understand that healthcare companies are "asymptotic" - the first couple years are heads down trying to figure out product-market fit, then they get traction, and they're empathetic to that journey. The downside? They're obsessed with founder-market fit and industry experience - if you're a first-time founder without deep healthcare chops, you're probably not their cup of tea.

AI INTEL
Floodgate
Palo Alto, CA
Seed
0No verified founder data yet
BERNIE'S TAKE

Floodgate is the OG seed fund that actually invented the game everyone else is now playing. Mike and Ann have genuine conviction and operator credibility - they're not just check-writers playing venture tourism. The 'Thunder Lizards' and 'Pattern Breakers' frameworks aren't just marketing jargon - they actually use them to identify non-consensus bets before they're obvious. What founders love: they genuinely act as co-conspirators who help navigate pivots (most of their wins came from major pivots). What's real: their portfolio construction is deliberate - they're hunting for the 10-15 exits per year that drive all returns, not spray-and-pray diversification. The downside? They're true believers in their own mythology and can be preachy about their frameworks.

AI INTEL
Florida Funders
Miami, FL
Seed
0No verified founder data yet
BERNIE'S TAKE

Florida Funders (rebranded to FLF) has become the Southeast's most active early-stage investor since 2013 and they've earned it through sheer volume and local focus. They had 6 exits in 2025 alone when most VCs were struggling with liquidity. The transition from Tom Wallace to Saxon Baum as managing partner is smart - Saxon's younger, well-connected, and has that founder energy that resonates with startups. What makes them different: they're former founders who actually understand the journey, not finance guys playing VC. The hybrid fund + investor network model with 2,000+ accredited investors gives them unique deal flow and follow-on capacity. They're betting big on AI (4 of 6 new deals in 2025) but avoid 'ChatGPT wrapper' companies. The Florida angle isn't just marketing - they've genuinely helped build the state's tech ecosystem from scratch.

AI INTEL
Flybridge Capital
New York, NY
Seed
0No verified founder data yet
BERNIE'S TAKE

Flybridge has made a bold all-in bet on AI that's either genius or incredibly risky — they've completely abandoned their diversified past to become an AI-only shop. Their "high conviction and non-consensus" decision-making style means they can move fast when they believe, even if partners disagree internally, and Jeff Bussgang says "the non-consensus decisions tend to be the best ones." The good: they have serious AI credibility with early wins like MongoDB (still on board after 15+ years) and Firebase, plus Jeff's Harvard AI teaching gives them academic street cred. Their "Next Wave" model with 50+ founders from companies like Anthropic, NVIDIA, and OpenAI running pre-seed funds gives them 5x more deal flow than typical seed funds while staying small. The reality check: going AI-only is a massive bet in a hyped market, and while the core team has been together for decades (Jeff and Chip 22 years, Jesse 9 years), you're betting your company's future on their AI thesis being right.

AI INTEL
Flying Fish Partners
Seattle, WA
Series A
0No verified founder data yet
BERNIE'S TAKE

This is the rare fund where the 'former Microsoft AI operators' tagline isn't just marketing fluff - Chang and Harris actually built speech and NLP tech at Microsoft before becoming VCs. They lead rounds fast and help founders syndicate quickly so they can get back to building, with a hands-on approach that adapts to whatever each company needs rather than following a rigid playbook. Portfolio companies genuinely praise their AI/ML expertise and 'roll-up-their-sleeves approach,' plus their commitment to diversity. They've expanded beyond their Pacific Northwest roots after proving their thesis, now seeing deal flow across the U.S. and Canada. The risk? They're still relatively small with limited dry powder compared to the AI funding arms race, and their sweet spot may be getting squeezed as seed rounds inflate.

AI INTEL
Fonds de solidarite FTQ
Montreal, QC
Growth
0No verified founder data yet
BERNIE'S TAKE

The Fonds FTQ is Quebec capitalism with training wheels - and that's both its strength and weakness. Unlike Silicon Valley VCs hunting unicorns, these folks are genuinely committed to keeping Quebec companies Quebec-owned, which means they're patient capital partners who won't flip your business to US acquirers. The fund has been involved in controversies surrounding corruption in the Quebecois union movement and alleged ties to organized crime in the past, but that's ancient history under current leadership. The real story here is their dual mandate creates weird incentives - they need returns for their 800K+ retail shareholders but also societal impact, which can slow decision-making. Janie Béïque runs a tight ship and genuinely cares about management teams, but expect extensive ESG diligence that smaller US funds would skip.

AI INTEL
Fontinalis Partners
Detroit, MI
Series A
0No verified founder data yet
BERNIE'S TAKE

This is mobility investing's most well-connected fund, but that cuts both ways. Having Ford's great-grandson as a founding partner opens doors that most VCs can only dream of, especially for automotive and industrial deals. Their track record is legitimately impressive - 20 exits including Lyft, Postmates, nuTonomy, and Ouster across IPOs, SPACs, and strategic M&A. But here's the thing founders need to know: they deliberately keep fund sizes smaller to focus on co-investment opportunities with their LPs, meaning they may not lead your next round but can bring strategic corporate investors to the table. They take an 'ecosystem approach' surrounding portfolio companies with networks and resources - translation: expect lots of warm intros but also lots of opinions from their extensive corporate network. The Detroit-Boston split means you're getting Midwest industrial pragmatism mixed with East Coast finance sophistication.

AI INTEL
Footwork
San Francisco, CA
Seed
0No verified founder data yet
BERNIE'S TAKE

Footwork is what happens when you combine genuine operator DNA with disciplined early-stage investing. Mike Smith's Stitch Fix pedigree gives them real credibility on scaling operations and culture - he literally lived through the idea-to-IPO journey. Nikhil's track record at Shasta shows he can spot winners early (hello Canva). The $225M Fund II raise in this brutal market tells you LPs are seeing returns. They're genuinely selective (only 23 companies in 5 years) and actually lead rounds rather than spray-and-pray. Red flag: they're still relatively new so limited exit data. Sweet spot seems to be B2B tools with consumer-grade UX where Mike's operational chops matter most.

AI INTEL
Forerunner Ventures
San Francisco, CA
Multi-stage
0No verified founder data yet
BERNIE'S TAKE

Forerunner is the real deal for consumer investing - Kirsten Green built her reputation by being early to the D2C wave when it was still contrarian, and her public markets background gives her actual financial discipline that most consumer VCs lack. The firm is led by former retail equity research analyst Kirsten Green, who applies the same rigorous financial modeling discipline she used analyzing public retail companies to early-stage consumer investing, deeply analyzing cohort behavior and unit economics before making investments. The firm built one of the first specialized 'modern consumer' VC practices by focusing almost exclusively on direct-to-consumer commerce when it was still a contrarian niche, achieving an unusually high concentration of breakout wins. They're doubling down on AI-powered consumer experiences now and actually have conviction, not just FOMO. Decisions appear relatively quick by VC standards (founder testimonials suggest 'fast, prepared' process), though with appropriate rigor for $1-20M checks. Estimated decision timeline: 2-4 weeks from pitch to commitment for strong cultural fit. The downside? Their success means they're no longer the scrappy underdog - with a $500M fund, they're playing in bigger rounds where the risk-reward might not be as compelling as their early days.

AI INTEL
Forerunner Ventures Consumer
San Francisco, CA
Multi-stage
0No verified founder data yet
BERNIE'S TAKE

Forerunner is the OG consumer VC that actually nailed the DTC wave when everyone else was chasing enterprise SaaS - their early bets on Warby Parker, Dollar Shave Club, Glossier, and Chime prove they can spot category creators before they're obvious. Green's team actively trades in secondary markets as companies take longer to IPO, showing they're pragmatic about liquidity rather than just holding forever. They explicitly lead or co-lead rounds with $1-15M initial checks, so expect them to take board seats and be hands-on partners, not passive investors. The firm is genuinely women-led (not just marketing) with 50%+ women-led portfolio, and they have staying power with partners maintaining 7+ year tenures. The risk: they're so focused on consumer trends that they might miss your B2B play entirely, and their bar is extremely high after backing so many breakouts.

AI INTEL
Foresite Capital
San Francisco, CA
Multi-stage
0No verified founder data yet
BERNIE'S TAKE

Foresite is the rare healthcare VC that actually walks the walk on data science - they're not just talking about AI/ML, they're hiring PhD data scientists and building internal technical teams to evaluate deals. Glassdoor reviews call them a 'wicked smart team' and 'under-the-radar firm led by a 3-time Midas List honoree', but also note managing directors are spread very thin. Jim Tananbaum is a genuine operator who built and sold two companies before becoming an investor, giving him credibility founders respect. Portfolio founder testimonials praise their 'invaluable mentorship and strategic advice' and ability to 'help crystallize' complex strategic decisions. The downside: they're hyper-selective and thesis-driven, so if you're not at the intersection of biology and data science, you're probably not getting a meeting.

AI INTEL
ForgePoint Capital
San Mateo, CA
Series A
0No verified founder data yet
BERNIE'S TAKE

ForgePoint is the real deal - they're not just another generalist fund dabbling in cybersecurity. "We view ourselves as company builders, not necessarily just picking stocks, and that's what drives our mission," Yepez said. "People look for that ability to not only invest, but help grow the company, help exit the company, and bring the corporate governance to do that." 79 companies, 3 unicorns (Cyberhaven, Huntress, Interos), 2 IPOs (Cloudflare, Fortinet), 36 acquisitions. Their advisory council isn't window dressing - it's nearly 100 industry leaders including CISOs and government security leaders who actually help with deal flow and customer intros. What founders love: they move fast on decisions, have deep sector expertise, and their portfolio companies actually get meaningful value beyond just capital. The catch? They're picky - they know cybersecurity inside and out, so you can't BS your way through a meeting with generic enterprise software talking points.

AI INTEL
Foundation Capital
Palo Alto, CA
Series A
0No verified founder data yet
BERNIE'S TAKE

Foundation Capital is the rare early-stage fund that actually walks the walk on "zero billion-dollar markets" — they literally incubated Cerebras in their office in 2016 when AI chips were a fantasy, and backed Solana before anyone cared about blockchain speed. Steve Vassallo brings real design chops from IDEO, not just VC buzzword bingo, which shows in their portfolio companies' product quality. The partners actually publish substantive technical content and frameworks instead of just LinkedIn humble-brags. But here's the thing founders need to know: they're conviction investors who will stick with you through the long haul, but they expect you to be building something genuinely hard and differentiated, not just another SaaS wrapper. Their 80% pre-revenue portfolio isn't just marketing speak — they really do bet on ideas before they're companies.

AI INTEL
Founder Collective
Cambridge, MA
Seed
0No verified founder data yet
BERNIE'S TAKE

Founder Collective is the real deal - they practice what they preach about founder alignment. While other VCs chase bigger funds and fatter fees, FC deliberately keeps fund sizes small ($95M for Fund V) so they can care about exits of all sizes, not just unicorns. Their partners are all ex-founders who've been there, done that. Frankel built and sold Africa's largest ISP, Paley and Rosenbloom sold their dental tech company to 3M. They don't just write checks - they roll up their sleeves. The downside? They're genuinely picky and move fast, so if you don't fit their thesis of 'exceptional founder with compelling use case,' you'll get a quick no. Also, they don't do follow-on rounds, so don't expect them to rescue you in later stages.

AI INTEL
Founders Circle Capital
San Francisco, CA
Growth
0No verified founder data yet
BERNIE'S TAKE

Founders Circle has cracked a code that most VCs miss: they're actually solving a real founder problem. While other growth-stage funds are chasing unicorns with commodity capital, these guys built a liquidity machine for late-stage companies that need to keep employees happy without going public. The Circle community is legit - 250+ CEOs and CFOs who actually share real operational insights, not just networking fluff. But here's the thing: they're basically a secondary shop with a community wrapper. Since 2012 they've worked with over 80 venture-backed start-ups, 19 of which are now publicly listed, another 21 have been acquired at a public market multiple. The track record is solid, but you're not getting traditional VC value-add - you're getting liquidity solutions and peer connections. Perfect if you're Series C+ and need to manage employee retention, less helpful if you need hands-on product or go-to-market guidance.

AI INTEL
Founders' Co-op
Seattle, WA
Seed
0No verified founder data yet
BERNIE'S TAKE

Many of Seattle's breakout startups trace their earliest institutional check back to Founders' Co-op. They're one of the most active leads for Seattle seed rounds and were early backers of billion-dollar companies such as Remitly, Outreach, and Auth0. DeVore and Ginzburg have built something legitimately special here - they're not trying to be Sand Hill Road North, they're genuinely committed to being the best first check in the Pacific Northwest. Their strategy has always been to be the best first-check investor in their chosen market, not to grow their AUM and wind up competing with the money-center investors their founders need for the next leg of the journey. Ginzburg's Foundations community is brilliant - it's his love-letter to the local founder community that's creating a vibrant, interconnected network of experienced founders, first-timers, and established leaders. They actually practice what they preach about community-first investing, and founders consistently say they're genuinely helpful post-investment rather than just check-writers.

AI INTEL
Foundry Group
Boulder, CO
Multi-stage
0No verified founder data yet
BERNIE'S TAKE

Here's the deal: Foundry announced in January 2024 that their current $500M fund (raised in May 2023) will be their last, and they're still actively investing out of it through Series A and B rounds. This isn't a fire sale or distressed situation - they planned this from day one, never wanting to build a "legacy firm" that outlives the founding partners. The transparency thing is real - they literally published standard deal terms and wrote books demystifying VC, with "Venture Deals" selling over 200,000 copies. Founders genuinely love working with them because of their "Give First" philosophy and the network they provide beyond just capital. But here's what founders need to know: taking money from a fund that's winding down creates follow-on funding risks and could make future rounds harder. They say they'll support portfolio companies for the next decade, but that gets challenging when management fees dry up.

AI INTEL
FPV Ventures
San Francisco, CA
Multi-stage
0No verified founder data yet
BERNIE'S TAKE

Wesley has serious founder credibility—he literally built Google Analytics and was first check into multiple decacorns. Pegah brings rare operational chops from scaling billion-dollar divisions at Morgan Stanley and Cisco. Their 'missionaries not mercenaries' thesis isn't just marketing speak—they actually put their money behind 100-year vision founders when others chase quick flips. The downside? Their conviction can border on stubbornness, and their high bar for 'mission-driven' means they pass on perfectly good companies that don't meet their worldview. Decision timeline is refreshingly fast at 2-4 weeks, and they genuinely act as first call for founders post-investment.

AI INTEL
Framework Venture Partners
Toronto, ON
Series A
0No verified founder data yet
BERNIE'S TAKE

Framework is the kind of fund that talks a big game about being 'data-driven' and having proprietary tools, but at the end of the day they're a solid, no-nonsense Canadian shop that gets deals done. Peter Misek is a grinder who knows how to pick winners (TouchBistro, Wattpad), but the team expansion with Barbara Dirks and Jean-Michel Texier feels like they're trying to professionalize what was essentially a two-person show. The good news: they actually work with their portfolio companies post-investment instead of disappearing. The reality check: they're still figuring out Fund II dynamics after Andrew Lugsdin stepped back, and their 'VC 2.0' positioning feels like marketing fluff for what is fundamentally solid execution.

AI INTEL
Franklin Venture Partners
San Mateo, CA
Growth
0No verified founder data yet
BERNIE'S TAKE

Franklin Venture Partners is what happens when a $1.6 trillion asset manager decides to play VC - they've got the checkbook but not necessarily the startup DNA. As the private investing arm of a leading global asset manager and the only one based in Silicon Valley, our value proposition is unique. When assessing potential investments, we leverage both public and private market perspectives, which can make us an especially attractive strategic partner to founders who have an ambition to pursue an IPO - translation: they're the crossover fund for founders who want to go public but need someone who actually understands how public markets work. James Cross knows defense tech cold and founded the Silicon Valley Defense Group, so if you're building anything for the Pentagon, he's your guy. The Ralph Lauren partnership shows they're willing to get creative with strategic LPs. But here's the thing - they're corporate VC at heart, which means they move slower than pure-play funds and probably won't lead your Series A. They're best for later-stage rounds where their public market expertise actually matters.

AI INTEL
Frazier Healthcare Partners
Seattle, WA
Series A
0No verified founder data yet
BERNIE'S TAKE

Frazier is the grown-up at the healthcare investing table. They've been doing this since 1991 and actually know what they're talking about when it comes to healthcare trends. Their Executive-in-Residence model is legit - they don't just write checks, they pair you with seasoned healthcare operators who've done it before. The Center of Excellence isn't just fancy marketing - it's a real 22-person team providing actual operational support. However, they're institutional money with institutional timelines, so don't expect scrappy startup energy. They want to see proven business models with clear paths to profitability, not moonshot science experiments.

AI INTEL
Freestyle Capital
San Francisco, CA
Seed
0No verified founder data yet
BERNIE'S TAKE

Freestyle is the real deal — a fund where the "founder-friendly" pitch is actually backed up by genuine founder DNA. Dave Samuel and Jenny Lefcourt aren't just ex-McKinsey consultants who read TechCrunch; they've built and sold real companies for serious money ($320M and $65M exits). This matters because they understand the emotional rollercoaster of building a company, not just the spreadsheets. The downside? They're genuinely selective (10-12 investments per year) and have real conviction, so if they pass, they really passed. But if they're in, you get investors who will roll up their sleeves when things get messy. Jenny especially gets high marks from founders for being "radically candid" and helping with business model insights. The fund size ($130M) means they can't lead your Series B, but they're excellent seed partners who won't disappear after writing the check.

AI INTEL
Front Porch Venture Partners
Research Triangle, NC
Seed
0No verified founder data yet
BERNIE'S TAKE

Front Porch is essentially a fund-of-funds masquerading as a traditional VC - they're betting on other people's deal sourcing more than their own. They position themselves as 'helpful connectors' rather than lead investors, which is honest but means they're not going to be your primary champion when things get tough. The three Duke MBA friends have solid traditional finance backgrounds but limited operating experience as founders themselves. Bordes takes being a fiduciary 'very seriously' and obsesses over maximizing net returns, which sounds great until you realize it might mean they're more focused on their LP relationships than grinding it out with portfolio companies. Their diversification thesis is smart for their LPs but creates a classic principal-agent problem - with 340+ companies in their portfolio, how much attention can any single founder really expect?

AI INTEL
Frontier Growth
Charlotte, NC
Growth
0No verified founder data yet
BERNIE'S TAKE

Frontier Growth is the real deal for vertical SaaS founders who want a true partnership, not just a check. Their 'people before numbers' mantra isn't just marketing fluff – they actually deploy cross-functional teams to every investment and have partners with deep operational experience. The 25-year track record speaks for itself with solid exits like STN Video and AccessOne heading to a $160M acquisition by Phreesia. What's impressive is their sector focus discipline – they know vertical SaaS cold and won't waste your time if you're not mission-critical software. The downside? They're picky as hell and want to see real traction ($3-20M ARR, 25%+ growth). But if you fit their sweet spot, you get Charlotte-based investors who actually understand your business model and won't micromanage you to death.

AI INTEL
FTV Capital
San Francisco, CA
Growth
0No verified founder data yet
BERNIE'S TAKE

FTV has been on Inc.'s Founder-Friendly list for five straight years and ranked #6 globally in growth equity performance rankings, which actually means something since those are based on founder surveys, not marketing budgets. The founder testimonials feel genuine - ReliaQuest's CEO says they 'gave us freedom to run our business our way' and were 'part of the team,' which is rare in growth equity where most funds want to play CEO. Their 600+ person Global Partner Network isn't just for show - they facilitated 475+ commercial introductions in 2024 alone. The numbers back up the hype: $10.2B raised, $7.4B realized since 1998, and $1.1B in exits just in 2025. The downside? They're big now ($4B+ latest fund) so they're not exactly scrappy anymore, and with 150+ portfolio companies, you're not getting boutique attention.

AI INTEL
Fuel Venture Capital
Miami, FL
Series A
0No verified founder data yet
BERNIE'S TAKE

Fuel is Miami's most visible VC trying really hard to be a big boy fund. Jeff's got serious Wall Street chops and Maggie brings actual hedge fund discipline, which is rare in VC. But let's be real - they're a classic case of 'spray and pray' with 59 investments across every conceivable sector. Their website is down half the time and they're constantly issuing press releases about hiring new people, which screams 'we need validation.' That said, they actually hit on some decent companies like Replit and have real money ($550M AUM). The Selene hire from Sequoia is smart - finally getting someone with Silicon Valley credibility. Just don't expect them to be your lead investor unless you're in Miami or can help their LP fundraising story.

AI INTEL
Fulcrum Equity Partners
Atlanta, GA
Growth
0No verified founder data yet
BERNIE'S TAKE

Fulcrum is the rare growth equity shop that actually gets their hands dirty post-investment. As former operators, they provide the support they needed when running their businesses, and it shows in their portfolio performance. Their oversubscribed $372M Fund V in today's brutal fundraising environment tells you everything about their reputation among LPs. The partners aren't just check-writers - they've built and sold companies themselves, which founders notice immediately. What makes them special is their focus on healthcare and technology and willingness to get in the trenches with entrepreneurs. However, they're clearly capacity-constrained with only 3 funding rounds in the last 12 months despite having fresh capital, so expect a thorough but slow process.

AI INTEL
FUSE
Bellevue, WA
Series A
0No verified founder data yet
BERNIE'S TAKE

FUSE is the rare young fund that's actually earned its swagger through execution, not just pedigree. All three founding partners are under 35 and founders consistently say they "feel more as part of the team, as opposed to benefactors from on-high." Their network-effects model gets stronger with every investment and LP they add, and having most LPs within 20 minutes of their office means real operational help, not just check-writing. The Microsoft/Amazon executive LP base isn't just for show - portfolio CEOs like Samir Bodas at Icertis call them "relentless and hyper focused on winning." They're hyper-local to Pacific Northwest but that's a feature, not a bug - they know everyone and everything happening in Seattle tech.

AI INTEL
Fusion Fund
Palo Alto, CA
Seed
0No verified founder data yet
BERNIE'S TAKE

Lu Zhang built Fusion Fund into a respected techno-optimist shop with genuine technical chops - her materials science PhD and startup exit give her real credibility with deep tech founders. The CXO Network of 44+ Fortune 1000 execs is their secret sauce, providing actual customer intros and revenue opportunities (not just advice). Shane Wall's HP CTO background and White House experience adds serious enterprise gravitas. They've nailed the early AI wave with hits like You.com and Otter.ai, and their $190M oversubscribed Fund IV shows LPs believe in their technical due diligence approach. The team genuinely understands hard tech and can spot technical moats that other generalist VCs miss.

AI INTEL
Future Perfect Ventures
New York, NY
Seed
0No verified founder data yet
BERNIE'S TAKE

Future Perfect Ventures is essentially a one-woman show run by Jalak Jobanputra, who deserves credit for being genuinely early to blockchain (2014) when everyone else was still figuring out what Bitcoin was. She's managed to build a portfolio of 77 companies including 5 unicorns like SeatGeek, Andela, and Blockstream. But here's the thing - they haven't made any investments in 2025 so far, which either means they're being super selective or struggling to deploy capital in the current environment. The team is just 6 people including 2 partners, so don't expect white-glove service or deep operational help. Jalak's smart and well-connected, but this feels more like a boutique check-writer than a hands-on partner for scaling companies.

AI INTEL
Glasswing Ventures
Boston, MA
Seed
0No verified founder data yet
BERNIE'S TAKE

Glasswing is the rare AI-focused fund that actually knows what they're talking about technically — they use 'unusually granular technical due diligence that differentiates between AI-native companies and GPT wrappers' and built proprietary ML tools to scan research papers and talent signals. Rudina and Rick are genuine AI natives who called the wave early, not AI tourists who pivoted in 2022. Their 'Building Partners' model means they serve as an extension of founding teams, mirroring the leadership functions of a successful company with hands-on technical support. However, with 70+ active companies in their portfolio and Rudina recognized as a top investor, they may be spreading thin — make sure you're getting actual partner attention, not just associate coverage. They have solid exits including Plannuh (Planful), Zylotech (Terminus), and others, proving they can deliver returns, not just hype.

LISTED
G20 Ventures
Boston, MA
Series A
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LISTED
Galen Partners
New York, NY
Growth
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LISTED
Gauge Capital
Southlake, TX
Growth
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LISTED
Generate Capital
San Francisco, CA
Growth
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LISTED
Genoa Ventures
San Francisco, CA
Seed
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LISTED
Geodesic Capital
Foster City, CA
Growth
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LISTED
Georgian Partners
Toronto, ON
Growth
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LISTED
Gigafund
Austin, TX
Multi-stage
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LISTED
GM Ventures
Detroit, MI
Multi-stage
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LISTED
Goldcrest Capital
Dallas, TX
Series A
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LISTED
Golden Section
Houston, TX
Multi-stage
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LISTED
Golden Ventures
Toronto, ON
Seed
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842 RECORDS — INVESTOR ACCESS PERMANENTLY DENIED
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