At a Glance
The Community Fund was founded by Wesley Chan, former Google executive and Felicis Ventures partner, with a mission to back underrepresented founders building the next generation of community-driven companies. The fund focuses on pre-seed and seed-stage investments in companies that create platforms, tools, and experiences that bring people together. Chan brings deep experience in consumer internet and community products from his time at Google, where he worked on products like Google Analytics and Google Voice. The fund's investment philosophy centers on the belief that the most successful future companies will be those that authentically serve and engage communities, particularly as traditional social media platforms face increasing scrutiny. The Community Fund provides not just capital but also strategic guidance on community building, product development, and scaling user engagement.
“Investing in community-driven businesses built by underrepresented founders.”
The Community Fund primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
The Community Fund is headquartered in Palo Alto, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
The Community Fund focuses on investments in Consumer, Gaming, Marketplace, AI. Their portfolio reflects deep expertise and networks within these sectors.
The Community Fund's typical investment check size ranges from $250K to $1M. Actual amounts may vary based on the stage, sector, and specific opportunity.
The Community Fund manages approximately $35M in assets under management (AUM) across their funds.
