
Deep Fork Capital
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
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.