
Weekend Fund
Description
Weekend Fund is an early-stage venture capital firm based in San Francisco, California, co-founded by Ryan Hoover, creator of Product Hunt, and Vedika Jain. Established with a distinct focus on pre-seed and seed-stage companies, the firm leverages its founders' deep expertise in product development and community building to identify and support promising startups. Weekend Fund positions itself as a founder-friendly investor, often being among the first institutional checks into a company, providing not just capital but also strategic guidance and access to a valuable network.
The firm's investment thesis spans a variety of sectors, including consumer applications, SaaS, developer tools, and the evolving future of work. They seek out companies demonstrating strong product-market fit potential and innovative solutions. Weekend Fund's approach is characterized by a high volume of investments, aiming to build a diverse portfolio of early bets. Their engagement often extends beyond capital, offering support in areas like product strategy, hiring, and subsequent fundraising rounds.
Weekend Fund has steadily grown its capital base, successfully raising multiple funds to support its expanding investment activities. Their most recent vehicle, Fund IV, closed in 2023 with $30 million in committed capital, demonstrating continued investor confidence in their strategy. This increased fund size enables them to write initial checks that typically range from $100,000 for very early pre-seed opportunities to as much as $1,000,000 for leading or co-leading seed rounds. To date, Weekend Fund has built a substantial portfolio, having invested in over 200 companies, underscoring their prolific activity in the early-stage ecosystem.
Investor Profile
Weekend Fund has backed more than 51 startups, with 5 new investments in the last 12 months alone. The firm has led 1 rounds, about 2% of its total and boasts 6 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, India, Canada.
- Strong thematic focus on Software, Information Technology, FinTech.
- Typical check size: $100K – $1M.
Stage Focus
- Seed (71%)
- Series A (16%)
- Pre Seed (14%)
Country Focus
- United States (75%)
- India (10%)
- Canada (6%)
- Norway (4%)
- Brazil (2%)
- Ireland (2%)
- Mexico (2%)
Industry Focus
- Software
- Information Technology
- Fintech
- Artificial Intelligence (Ai)
- Internet
- Financial Services
- Blockchain
- Apps
- Big Data
- Cryptocurrency
Frequently Asked Questions
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