
Elefund
Description
Elefund is a micro venture capital firm strategically located in Mountain View, California, specializing in early-stage technology investments. As a thesis-driven firm, Elefund focuses on identifying and backing nascent companies with disruptive potential, typically at the seed stage. Their investment philosophy emphasizes a deep understanding of emerging technological trends and market shifts, allowing them to make targeted investments in sectors they believe are poised for significant growth. This focused approach enables them to provide more tailored support to their portfolio companies beyond just capital.
The firm is known for its agile investment approach, providing initial capital to promising startups. Elefund typically writes first checks ranging from $50,000 to $500,000, positioning them as a crucial early supporter for founders. Beyond funding, Elefund aims to be a valuable partner, leveraging its network and expertise to help portfolio companies navigate the challenges of early growth, secure subsequent funding rounds, and scale their operations effectively. Their hands-on engagement is designed to accelerate the development and market penetration of their portfolio companies.
Elefund has built a robust portfolio, having invested in over 100 companies since its inception. This extensive track record demonstrates their consistent activity and commitment to the early-stage ecosystem. A testament to the quality of their investments and the support they provide, Elefund's portfolio companies have collectively gone on to raise over $1.5 billion in follow-on capital from a diverse array of venture capitalists and institutional investors. This significant amount of subsequent funding underscores the firm's ability to identify high-potential ventures that attract further investment and achieve substantial growth.
Investor Profile
Elefund has backed more than 55 startups, with 2 new investments in the last 12 months alone. The firm has led 7 rounds, about 13% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, South Korea.
- Strong thematic focus on Financial Services, FinTech, Software.
- Typical check size: $50K – $500K.
Stage Focus
- Seed (47%)
- Series A (33%)
- Pre Seed (7%)
- Series B (5%)
- Series Unknown (4%)
- Convertible Note (2%)
- Series C (2%)
Country Focus
- United States (84%)
- United Kingdom (9%)
- South Korea (4%)
- Nigeria (2%)
- Puerto Rico (2%)
Industry Focus
- Financial Services
- Fintech
- Software
- Insurance
- Insurtech
- Saas
- Internet
- Small And Medium Businesses
- Mobile
- Payments
Frequently Asked Questions
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