Freestyle Capital
UnclaimedAt a Glance
- Check Size
- $1.5M – $3M
- Stage
- Pre-Seed, Seed, Series A
- AUM
- $320M
- Sectors
- Enterprise, Consumer
- Founded
- 2009
- HQ
- San Francisco, CA
About Freestyle Capital
Freestyle Capital is a venture capital firm based in San Francisco, CA founded in 2009. Freestyle is an early-stage venture capital firm with investments in over 130 technology companies including Airtable, Intercom, Patreon, and BetterUp. The firm focuses on Pre-Seed, Seed, Series A investments across sectors including Enterprise, Consumer. The firm manages $320M in assets under management. Notable portfolio companies include Snapchat, Warby Parker, Patreon, Digit, Intercom, Sprig, Narvar and Airtable. Seed-stage venture capital firm led by serial entrepreneurs providing operational support to founders. Focus on consumer and enterprise software companies with strong product-market fit potential.
Investment Thesis
“Seed-stage venture capital firm led by serial entrepreneurs providing operational support to founders. Focus on consumer and enterprise software companies with strong product-market fit potential.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
Freestyle has raised six flagship seed funds and four opportunity vehicles since 2009, growing them deliberately rather than in steps. Fund I registered a $30 million offering in March 2011. Fund II closed $40.2 million from 55 investors in 2013. Fund III closed $60.0 million from 54 investors in 2015. Fund IV closed $90.6 million from 48 investors in 2017. Fund V registered $100 million in February 2020, and Fund VI registered $125 million in January 2022.
The opportunity series carries the winners into later rounds. The first Freestyle Capital Opportunity Fund registered $20 million in 2017 and sold $13.2 million to 32 investors; Opportunity Fund II registered $25 million in 2018, Opportunity Fund III $35 million in 2020 and Opportunity Fund IV $50 million in 2022. Disclosed seed-fund commitments total roughly $446 million, with a further $130 million registered across the opportunity vehicles. Josh Felser and David Samuel signed the early filings; Samuel and Jenny Lefcourt sign the most recent ones.
Team (2)
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Frequently Asked Questions
What stage does Freestyle Capital invest at?
Freestyle Capital primarily invests at the Pre-Seed, Seed, Series A stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Freestyle Capital located?
Freestyle Capital 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 Freestyle Capital focus on?
Freestyle Capital focuses on investments in Enterprise, Consumer. Their portfolio reflects deep expertise and networks within these sectors.
What is Freestyle Capital's typical check size?
Freestyle Capital's typical investment check size ranges from $1.5M to $3M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Freestyle Capital have under management?
Freestyle Capital manages approximately $320M in assets under management (AUM) across their funds.
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