
David Wu
Description
David Wu is a Partner at Maveron, a prominent venture capital firm with a distinct focus on early-stage consumer-only businesses. Based in San Francisco, Maveron primarily targets Seed and Series A rounds, seeking to identify and back companies that are building deeply beloved brands and fostering strong, direct relationships with their customers. Wu's role aligns with the firm's overarching strategy to invest in disruptive consumer experiences across various sectors, from health and wellness to fintech and the future of work.
Maveron's investment philosophy, championed by partners like David Wu, centers on identifying companies that exhibit exceptional product-market fit and high customer affinity. They look for businesses poised to redefine consumer behavior, whether through innovative direct-to-consumer models or by leveraging technology to create engaging and sticky user experiences. The firm is known for its hands-on approach, working closely with founders to scale their operations and amplify their brand presence in competitive markets, often emphasizing companies with a strong mission and a clear path to building a loyal customer base.
The firm's capacity for investment was significantly bolstered with the closing of Maveron Fund VIII, a substantial $225 million fund, in 2021. This capital enables partners like David Wu to deploy significant resources into promising consumer startups. While specific check sizes can vary based on the stage and needs of the company, Maveron typically writes initial checks ranging from approximately $1 million for Seed rounds up to $10 million for Series A investments, reflecting their commitment to leading or co-leading early-stage funding rounds for high-potential consumer ventures.
Investor Profile
David Wu has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Angel rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Canada.
- Strong thematic focus on Software, Enterprise Software, Health Care.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (48%)
- Series A (29%)
- Angel (14%)
- Series Unknown (10%)
Country Focus
- United States (90%)
- United Kingdom (5%)
- Canada (5%)
Industry Focus
- Software
- Enterprise Software
- Health Care
- Gaming
- Virtual Reality
- Medical
- Saas
- E-commerce
- Fintech
- Hardware
Frequently Asked Questions
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