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Deep Fork Capital

North America, California, United States, San Francisco

Description

Deep Fork Capital (DFC) is an early-stage venture capital firm established in 2018, strategically positioned in both San Francisco and New York. The firm primarily focuses on seed and pre-seed investments, aiming to be the first institutional capital for promising startups. DFC launched with an inaugural fund of $30 million, signaling its commitment to backing innovative companies at their foundational stages. The firm prides itself on its founder-centric approach, seeking to build deep partnerships with entrepreneurs from inception.

DFC's investment thesis spans several key sectors, including Software-as-a-Service (SaaS), FinTech, Future of Work, Artificial Intelligence (AI), and Consumer technologies. They actively seek out visionary teams developing disruptive solutions and foundational technologies within these high-growth markets. The firm emphasizes providing more than just capital, leveraging the operational experience of its leadership, including co-founder Ben Lerer, to offer strategic guidance, mentorship, and access to a robust network that can accelerate portfolio company growth.

In terms of investment size, Deep Fork Capital typically writes initial checks ranging from $250,000 to $1 million. This positions them as a crucial early capital provider for nascent startups, enabling founders to validate their concepts and achieve initial traction. Beyond the initial investment, DFC also participates in follow-on rounds, demonstrating a long-term commitment to supporting their portfolio companies through subsequent growth stages. Their strategic capital deployment and hands-on engagement aim to empower entrepreneurs to scale their ventures effectively and realize their full potential.

Investor Profile

Deep Fork Capital has backed more than 45 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 16% of its total and boasts 15 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, Israel.
  • Strong thematic focus on Software, Artificial Intelligence (AI), SaaS.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (47%)
  • Series A (18%)
  • Series Unknown (13%)
  • Series C (9%)
  • Convertible Note (4%)
  • Series B (4%)
  • Pre Seed (2%)
  • Series D (2%)

Country Focus

  • United States (93%)
  • Canada (4%)
  • Israel (2%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Saas
  • Mobile
  • Media And Entertainment
  • Apps
  • Machine Learning
  • Real Estate
  • Music
  • Cyber Security
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Deep Fork Capital frequently co-invest with?

Amplify.LA
North America, California, United States, Venice
Co-Investments: 3
boldstart ventures
North America, Florida, United States, Miami
Co-Investments: 5
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 3
EPIC Ventures
North America, Utah, United States, Salt Lake City
Co-Investments: 5
Social Starts
North America, California, United States, San Francisco
Co-Investments: 4
Compound
North America, New York, United States, New York
Co-Investments: 3
BoxGroup
North America, New York, United States, New York
Co-Investments: 3
Greycroft
North America, New York, United States, New York
Co-Investments: 5
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 4
Haystack
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does Deep Fork Capital often collaborate with?

GJ
North America, New York, United States, New York
Shared Deals: 1
FG
North America, New York, United States, New York
Shared Deals: 2
GV
North America, New York, United States, New York
Shared Deals: 3
JM
North America, District of Columbia, United States, Washington
Shared Deals: 4
AB
North America, New York, United States, New York
Shared Deals: 1
AD
North America, California, United States, West Hollywood
Shared Deals: 1
SB
North America, California, United States, Los Angeles
Shared Deals: 3
NJ
Europe, England, United Kingdom, London
Shared Deals: 1
MJ
North America, California, United States, San Francisco
Shared Deals: 2
PL
Europe, Ile-de-France, France, Paris
Shared Deals: 2

What are some of recent deals done by Deep Fork Capital?

BigID

New York, New York, United States

BigID is a data intelligence company that helps organizations discover, manage, and protect sensitive information.

Artificial Intelligence (AI)Big DataCyber SecurityRisk ManagementSoftware
Series CSep 5, 2019
Amount Raised: $50,000,000
SaltStack

Lehi, Utah, United States

SaltStack is intelligent automation for a software-defined world.

Cloud ManagementCyber SecurityInformation TechnologyIT ManagementSoftware
Series AFeb 14, 2018
Amount Raised: $15,500,000
Boundless Mind

Venice, California, United States

Boundless Mind is an artificial intelligence platform for behavior design.

Artificial Intelligence (AI)Machine LearningNeuroscienceSaaS
SeedAug 20, 2017
Amount Raised: $1,200,000
Datmo

Palo Alto, California, United States

Datmo enables continuous delivery of data science. Deploy, Experiment and optimize without leaving your familiar workflows.

Artificial Intelligence (AI)Big DataData VisualizationMachine Learning
Series UnknownJul 31, 2017
Amount Raised: $1,165,000
Canopy

Draper, Utah, United States

Canopy offers a cloud-based Practice Management solution for Accounting professionals.

AccountingBillingCRMDocument ManagementPaymentsProject ManagementSoftware
Series BMar 13, 2017
Amount Raised: $20,000,000
Winnie

San Francisco, California, United States

Winnie is a marketplace for child care built on powerful data systems and backed by a trusted community of parents and providers.

AppsChild CareChildrenEducationMarketplaceMobile AppsParenting
SeedOct 26, 2016
Amount Raised: $2,500,000
Dealpath

San Francisco, California, United States

Real estate's most trusted deal management platform empowering smart investment decisions.

Commercial Real EstateFinTechInternetReal EstateReal Estate InvestmentSaaSSoftware
Series AOct 5, 2016
Amount Raised: $8,000,000
SaltStack

Lehi, Utah, United States

SaltStack is intelligent automation for a software-defined world.

Cloud ManagementCyber SecurityInformation TechnologyIT ManagementSoftware
Series UnknownSep 23, 2016
Amount Raised: $10,600,000
BigID

New York, New York, United States

BigID is a data intelligence company that helps organizations discover, manage, and protect sensitive information.

Artificial Intelligence (AI)Big DataCyber SecurityRisk ManagementSoftware
SeedMar 2, 2016
Amount Raised: $2,099,999
VIVE Style

New York, New York, United States

Blowout subscriptions for last-minute appointments at the best salons in New York & Chicago, starting at $65 per month.

FashionLifestyleWomen's
SeedFeb 16, 2016
Amount Raised: $2,300,000