Forerunner Ventures
UnclaimedAt a Glance
- Check Size
- $250K – $15M
- Stage
- Pre-Seed, Seed
- AUM
- $3B
- Sectors
- Consumer, Marketplace
- Founded
- 2012
- HQ
- San Francisco, CA
About Forerunner Ventures
Forerunner Ventures is a venture capital firm based in San Francisco, CA founded in 2010. Forerunner is a venture capital firm focused on the modern consumer, investing at the intersection of culture and invention. The firm focuses on Pre-Seed, Seed investments across sectors including Consumer, Marketplace. The firm manages $2B in assets under management. Notable portfolio companies include Warby Parker, Glossier, Chime, HubSpot, Dollar Shave Club, Ritual, Curology and Faire. Invests in consumer and marketplace companies, particularly direct-to-consumer brands and platforms that change how people shop and live.
Investment Thesis
“Invests in consumer and marketplace companies, particularly direct-to-consumer brands and platforms that change how people shop and live.”
Sector Focus
Investment Stage
Notable Portfolio Companies
View full portfolio →
Key Team (4)
Fund History (6 funds)
| Fund | Vintage | Size | Status |
|---|---|---|---|
| — | $10M | — | |
| — | $40M | — | |
| — | $50M | — | |
| — | $87M | — | |
| — | $180M | — | |
| — | $500M | — |
Fund History
- Forerunner's fund progression is one of the cleanest escalations in consumer venture.
- Forerunner Partners I, L.P. closed $41.7 million with first sales in July 2012.
- Fund II first sold in December 2013 at $55.5 million and was amended up to $75.8 million by 2016.
- Fund III closed $122 million in June 2016, the first vehicle on which Eurie Kim appears as an executive officer alongside Kirsten Green.
- Fund IV closed $360 million in September 2018, Fund V closed $500 million in July 2020, and Fund VI closed a full $1 billion with first sales in February 2022, taking the six core funds to roughly $2.1 billion raised.
- Alongside the main funds the firm runs a parallel opportunity structure: Forerunner Builders I through VI and Forerunner Friends IV and VI co-investment vehicles, plus single-asset SPVs filed for Bonobos, Serena & Lily and Ohso Clean.
- Forerunner states $3 billion in assets under management and dates its founding to 2012.
- Its registered adviser, Forerunner Ventures Management, LLC, files from One Letterman Drive in San Francisco's Presidio.
SEC Fund Filings
- Vehicles filed, last 24 months
- 1
- Latest filing
Forerunner Ventures filed a Form D for 1 fund vehicle between Sep 30, 2024 and Sep 29, 2026.
| Fund vehicle | Source |
|---|---|
| Forerunner Partners VII, L.P. | SEC Form D, filed |
A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.
Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to Forerunner Ventures by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.
Investment Timeline (10 deals)
2022
Jokr
Series B2021
Italic
Series B$30M2020
Faire
Series B$100M2019
OUTDOOR VOICES
Series C2018
Curology
Series B$20M2017
Brandless
Series B2016
Hims
Seed$3M2015
Ritual
Series A$13M2014
Glossier
Seed2011
Warby Parker
Series ATeam (2)
Related Articles (1)
Interviews
Frequently Asked Questions
What stage does Forerunner Ventures invest at?
Forerunner Ventures primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Forerunner Ventures located?
Forerunner Ventures is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Forerunner Ventures focus on?
Forerunner Ventures focuses on investments in Consumer, Marketplace. Their portfolio reflects deep expertise and networks within these sectors.
What is Forerunner Ventures's typical check size?
Forerunner Ventures's typical investment check size ranges from $250K to $15M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Forerunner Ventures have under management?
Forerunner Ventures manages approximately $3B in assets under management (AUM) across their funds.
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