
Anorak Ventures
Description
Anorak Ventures is a San Francisco-based venture capital firm dedicated to investing in transformational founders and technologies at the earliest stages. Founded by Ben Ling, a seasoned investor and former executive at companies like Google, Facebook, and Khosla Ventures, the firm leverages its deep industry expertise to identify and nurture promising startups from their inception. Anorak's investment philosophy emphasizes backing visionary teams with disruptive ideas that have the potential for significant market impact.
TheThe firm primarily focuses on pre-seed and seed-stage companies across various technology sectors. Anorak Ventures is known for its founder-centric approach, providing not just capital but also strategic guidance and access to a valuable network. Typically, Anorak deploys initial checks ranging from $500,000 to $1.5 million, providing crucial early capital to help companies achieve key milestones. Beyond the initial investment, the firm has the capacity to provide substantial follow-on funding, potentially investing up to $5 million over the lifecycle of a portfolio company, demonstrating a long-term commitment to its ventures.
Anorak Ventures has demonstrated consistent growth in its capital base. The firm successfully closed its inaugural fund in 2019, raising $30 million. Building on its early successes, Anorak secured $80 million for its second fund in 2021, bringing its total capital under management to $110 million. With a portfolio boasting over 80 investments, Anorak Ventures continues to be an active and influential player in the early-stage venture ecosystem, supporting companies that aim to redefine industries through technological innovation.
Investor Profile
Anorak Ventures has backed more than 92 startups, with 6 new investments in the last 12 months alone. The firm has led 1 rounds, about 1% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Canada.
- Strong thematic focus on Software, Information Technology, Virtual Reality.
- Typical check size: $500K – $1.5M.
Stage Focus
- Seed (71%)
- Pre Seed (11%)
- Series A (8%)
- Series Unknown (7%)
- Series B (3%)
- Convertible Note (1%)
Country Focus
- United States (86%)
- United Kingdom (3%)
- Canada (2%)
- Switzerland (2%)
- Denmark (1%)
- Australia (1%)
- Kenya (1%)
- Ghana (1%)
- France (1%)
Industry Focus
- Software
- Information Technology
- Virtual Reality
- Artificial Intelligence (Ai)
- 3d Technology
- Health Care
- Manufacturing
- Augmented Reality
- Machine Learning
- Analytics
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.