At a Glance
Forerunner Ventures was founded in 2010 by Kirsten Green, who recognized that consumer behavior was fundamentally shifting toward digital-first brands and direct-to-consumer models. Green, who previously worked at Pacific Growth Equities, built Forerunner into one of the most respected consumer-focused venture firms by betting early on companies that traditional VCs overlooked. The firm's investment approach centers on identifying founders who understand evolving consumer needs and can build authentic, differentiated brands that resonate with their target markets. Forerunner has become known for its pattern recognition in consumer trends and its ability to spot breakout brands before they achieve mainstream success. Notable investments include early bets on Warby Parker, which revolutionized eyewear retail; Dollar Shave Club, which sold to Unilever for $1 billion; and Glossier, which redefined beauty marketing. Under Green's leadership, the firm has expanded beyond traditional e-commerce to include fintech consumer plays like Chime. What distinguishes Forerunner is its deep consumer insights, strong brand-building expertise, and Green's reputation as one of the most influential voices in consumer investing.
“Backs visionary founders who are reshaping the future of commerce and consumer experiences.”
| Fund | Vintage | Size | Status |
|---|---|---|---|
| Forerunner Ventures Fund V | 2022 | $500M | Investing |
| Forerunner Ventures Fund IV | 2020 | $360M | Investing |
| Forerunner Ventures Fund III | 2018 | $200M | Harvesting |
| Forerunner Ventures Fund II | 2014 | $40M | Harvesting |
| Forerunner Ventures Fund I | 2012 | $20M | Fully Realized |
2023
Curology
Series C2022
The Farmer's Dog
Series B$39M2021
Ritual
Series B$75M2020
Glossier
Series D+$80M2019
Hims & Hers
Series C$45M2018
Outdoor Voices
Series C$34M2017
Away
Series B$20M2016
Jet.com
Series C$140M2015
Dollar Shave Club
Series D+$75M2014
Warby Parker
Series B$60M2013
Bonobos
Series B$35MForerunner Ventures primarily invests at the Seed, Series A, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.
Forerunner Ventures is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Forerunner Ventures focuses on investments in Consumer, Marketplace. Their portfolio reflects deep expertise and networks within these sectors.
Forerunner Ventures's typical investment check size ranges from $1M to $25M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Forerunner Ventures manages approximately $1.5B+ in assets under management (AUM) across their funds.