At a Glance
Felicis Ventures was founded in 2006 by Aydin Senkut, a former Google executive who was part of the search giant's early team. The firm has established itself as one of Silicon Valley's most successful stage-agnostic venture capital firms, investing across pre-seed to growth stages. Senkut's operational experience at Google, where he worked on AdSense and other key products, has informed Felicis's approach to identifying and supporting transformative technology companies.
The firm is known for its founder-friendly approach and ability to spot breakout companies early. Notable investments include leading early rounds in Shopify, Fitbit, and Credit Karma, all of which became multi-billion dollar companies. More recently, Felicis has made successful bets on companies like Canva, Notion, and various AI-focused startups. The firm typically writes checks ranging from hundreds of thousands to tens of millions of dollars depending on the stage.
What distinguishes Felicis is its combination of early-stage conviction with growth-stage patience, often continuing to invest in portfolio companies across multiple rounds. Senkut and his team focus heavily on supporting founders with both capital and strategic guidance, leveraging their network and operational expertise to help companies scale globally.
“Backs iconic companies early and often, with a founder-first philosophy across all stages.”
| Fund | Vintage | Size | Status |
|---|---|---|---|
| Felicis Ventures Fund V | 2021 | $400M | Investing |
| Felicis Ventures Fund IV | 2018 | $225M | Harvesting |
| Felicis Ventures Fund III | 2015 | $165M | Harvesting |
| Felicis Ventures Fund II | 2012 | $75M | Fully Realized |
| Felicis Ventures Fund I | 2009 | $15M | Fully Realized |
2023
Harvey
Series B$80M2022
Canva
Growth2021
Notion
Series B$50M2020
Shopify
Growth2019
Plaid
Series C$250M2018
Ring
Growth2017
Adyen
Growth2016
Twitch
Growth2015
Rovio
Growth2014
Credit Karma
Series C$85M2013
Fitbit
Series B$12M2012
Mint
Series BFelicis Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Felicis Ventures is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Felicis Ventures focuses on investments in AI, Enterprise, Consumer, Fintech, Climate. Their portfolio reflects deep expertise and networks within these sectors.
Felicis Ventures's typical investment check size ranges from 250000 to 50000000. Actual amounts may vary based on the stage, sector, and specific opportunity.
Felicis Ventures manages approximately $3B+ in assets under management (AUM) across their funds.