Switch Ventures

Switch Ventures is a San Francisco-based venture capital firm established in 2015, specializing in pre-seed and seed-stage investments. The firm primarily focuses on founders who are building the "future of work," with a particular interest in sectors such as SaaS, fintech, and marketplaces. They position themselves as often the first institutional check for promising startups, demonstrating a commitment to early-stage support. Beyond capital, Switch Ventures actively engages with its portfolio companies, frequently leading rounds and taking board seats to provide strategic guidance.

The firm's investment strategy is characterized by its typical first check size, which ranges from $500,000 to $1.5 million. This focused approach allows them to partner closely with nascent companies, helping them navigate the critical early phases of growth. Switch Ventures has built an impressive portfolio of companies that have gone on to achieve significant success. Notable investments include industry leaders like Remote, Deel, Rippling, Mercury, and Ramp, showcasing their ability to identify high-potential ventures.

Switch Ventures has demonstrated consistent fundraising success, with their most recent vehicle, Switch Ventures Fund III, closing at $50 million in 2021. This capital enables them to continue their active investment pace in the competitive early-stage landscape. Collectively, the companies within Switch Ventures' portfolio have successfully raised over $1.1 billion in subsequent funding rounds, underscoring the firm's track record in backing companies that attract substantial follow-on investment and achieve significant scale.