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FJ Labs

North America, New York, United States, New York

Description

FJ Labs is a prominent New York-based venture capital firm co-founded by seasoned entrepreneurs Fabrice Grinda and Jose Marin. The firm distinguishes itself through its stage-agnostic investment approach, primarily targeting marketplace and consumer-facing startups. Leveraging their extensive operational experience, Grinda and Marin, who have built and exited multiple companies themselves (e.g., Grinda co-founded Aucland and OLX), bring a unique founder-centric perspective to their investment decisions. This deep understanding of entrepreneurial challenges and growth strategies underpins their value proposition to portfolio companies.

The firm's investment strategy is highly flexible, accommodating companies from the earliest seed stages through to growth rounds. FJ Labs typically deploys initial checks ranging from $50,000 for nascent ventures to over $5,000,000 for more mature, scaling businesses. Beyond capital, FJ Labs is known for its hands-on involvement, providing strategic guidance, operational support, and access to a vast network of industry contacts. Their portfolio spans a diverse array of sectors within the marketplace and consumer tech landscape, reflecting their broad expertise and global reach.

With a robust track record, FJ Labs has built an impressive portfolio that includes investments in over 700 companies worldwide, many of which have achieved significant scale and successful exits. Notable investments include stakes in companies like Alibaba, Coupang, Delivery Hero, and The RealReal, underscoring their ability to identify and back future market leaders. The firm continues to actively invest, having recently raised FJ Labs IV, a $200 million fund in 2021, further solidifying its capacity to support ambitious entrepreneurs globally. Their consistent focus on disruptive marketplace models and consumer innovation positions them as a key player in the venture capital ecosystem.

Investor Profile

FJ Labs has backed more than 1,564 startups, with 156 new investments in the last 12 months alone. The firm has led 54 rounds, about 3% of its total and boasts 95 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Brazil.
  • Strong thematic focus on E-Commerce, Software, Financial Services.
  • Led 2 rounds in the past year.
  • Typical check size: $50K – $5M.

Stage Focus

  • Seed (34%)
  • Series A (24%)
  • Series B (11%)
  • Pre Seed (11%)
  • Series Unknown (6%)
  • Convertible Note (5%)
  • Series C (4%)
  • Series D (1%)
  • Secondary Market (1%)
  • Series E (1%)

Country Focus

  • United States (50%)
  • United Kingdom (7%)
  • Brazil (6%)
  • France (5%)
  • Canada (4%)
  • Germany (4%)
  • Spain (4%)
  • Mexico (3%)
  • Colombia (2%)
  • India (2%)

Industry Focus

  • E-commerce
  • Software
  • Financial Services
  • Fintech
  • Marketplace
  • Information Technology
  • Internet
  • Saas
  • Health Care
  • Mobile Apps
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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 FJ Labs frequently co-invest with?

All Iron Ventures
Europe, Pais Vasco, Spain, Bilbao
Co-Investments: 20
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 24
Karman Ventures (fka Moving Capital)
North America, California, United States, Santa Monica
Co-Investments: 20
DN Capital
North America, California, United States, Menlo Park
Co-Investments: 24
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 36
SV Angel
North America, California, United States, San Francisco
Co-Investments: 20
Pareto Holdings
North America, Florida, United States, Miami
Co-Investments: 40
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 37
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 23
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 29

Which angels does FJ Labs often collaborate with?

Güimar Vaca Sittic
North America, New York, United States, New York
Shared Deals: 26
Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 17
JM
North America, United States
Shared Deals: 6
EL
North America, Florida, United States, Miami Beach
Shared Deals: 43
FG
North America, New York, United States, New York
Shared Deals: 96
JM
Europe, Madrid, Spain, Madrid
Shared Deals: 36
FR
Europe, Madrid, Spain, Madrid
Shared Deals: 6
CE
Europe, Berlin, Germany, Berlin
Shared Deals: 7
NB
North America, Florida, United States, Miami
Shared Deals: 18
JO
North America, Florida, United States, Miami
Shared Deals: 9

What are some of recent deals done by FJ Labs?

Midas

Berlin, Berlin, Germany

Midas is a cryptocurrency application that allows users to sell and invest in cryptocurrency and tokens.

CryptocurrencyWeb3
Series AMar 30, 2026
Amount Raised: $50,000,000
Franq

Florianópolis, Santa Catarina, Brazil

Franq is the pioneer and leading platform for independent brokers to distribute banks and fintech financial services independently.

BankingFinanceFinancial ServicesFinTech
Series BMar 27, 2026
M1X Global

New York, New York, United States

M1X Global is a sovereign financial‑infrastructure and technology company that builds the “sovereign layer” of on‑chain capital markets.

Financial ServicesFinTech
AngelMar 25, 2026
Amount Raised: $3,000,000
Scout AI

Sunnyvale, California, United States

Scout AI Building the robotic foundation model for defense.

AerospaceArtificial Intelligence (AI)Manufacturing
Series AMar 23, 2026
Solidroad

Dublin, Dublin, Ireland

Solidroad is an innovative AI-powered platform dedicated to revolutionizing hiring, onboarding, and training for enterprises.

Artificial Intelligence (AI)Human ResourcesQuality AssuranceTraining
Series AMar 20, 2026
Hamilton AI

San Francisco, California, United States

Hamilton AI is the world's first intelligent platform for private aviation.

AerospaceArtificial Intelligence (AI)
SeedMar 19, 2026
Amount Raised: $7,500,000
Fuse

New York, New York, United States

Fuse offers loan origination solutions for banks and lenders in the financial services industry.

Financial ServicesLendingMobile AppsSoftware
Series AMar 16, 2026
Amount Raised: $25,000,000
Cayena

São Paulo, Sao Paulo, Brazil

Cayena offers a B2B marketplace for restaurants to procure inventory from suppliers with next day delivery and better payment terms.

B2BE-CommerceFood and BeverageInformation ServicesMarketplace
Series BMar 13, 2026
Artemis

Boston, Massachusetts, United States

Artemis provides solar energy solutions focused on transparent pricing and customized system design.

Artificial Intelligence (AI)ConsumerRenewable EnergySoftwareSolar
Series UnknownMar 4, 2026
Amount Raised: $6,000,000
Zellify

Stockholm, Stockholms Lan, Sweden

Zellify is a Web2App growth platform that helps mobile apps build web funnels, onboard & convert users, and monetize outside app store fees.

Software
SeedFeb 27, 2026

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