Fortify Ventures

Fortify Ventures is a Washington D.C.-based venture capital firm established in 2012, specializing in early-stage technology investments. The firm's core mission is to empower promising startups by providing both essential capital and a supportive community network crucial for growth. Fortify Ventures primarily targets Seed and Series A rounds, focusing on companies that leverage disruptive technologies and possess strong, visionary founding teams. Their investment philosophy extends beyond mere capital injection, emphasizing strategic guidance and access to a robust ecosystem of mentors and industry connections.

The firm has demonstrated a consistent growth in its fund sizes, reflecting increasing investor confidence and a broader capacity for deployment. Fortify Ventures successfully closed its fourth fund, Fund IV, at $75 million in 2023, following previous funds of $20 million (Fund I), $30 million (Fund II), and $50 million (Fund III). This progression allows them to support a wider array of companies and participate more significantly in later-stage rounds for their portfolio companies. Their strategy involves identifying high-potential ventures and nurturing them through critical early development phases.

Fortify Ventures has built a diverse portfolio of technology companies across various sectors. Notable investments include Framebridge, an online custom framing service that was successfully acquired by Graham Holdings, and Optoro, a leading platform for returns optimization. Other key portfolio companies include Virtru, a data protection firm, and FiscalNote, a market intelligence company. For initial investments, Fortify Ventures typically writes checks ranging from $500,000 to $2,000,000, depending on the stage and capital requirements of the startup. They are known for their long-term commitment to their portfolio companies, often participating in follow-on rounds to support continued expansion.