XYZ Ventures

Ross Fubini founded XYZ and serves as managing partner, and he is named as managing member of the general partner entity on the firm's fund filings, which keeps final investment authority in one seat across all six vehicles. Chauncey Hamilton is a partner on the investment team.

The firm frames its work around the specific needs of companies turning an idea into a functioning business, and the resulting portfolio skews toward technically hard companies selling into regulated or institutional buyers, including Anduril, Verkada, Peregrine, Newfront and Airspace Intelligence. That is a materially different posture from a consumer-weighted seed fund and shapes who the firm hires and how it supports management teams. Prior operating and investing roles for the partners are not published on the firm's own pages.

Ross Fubini has raised six vehicles under the XYZ Venture Capital name. Fund I registered in 2017, Fund II in 2019, Fund III in 2021 and Fund IV in 2022. Fund IV recorded its first sale on 31 October 2022 and reported $202.5 million sold to 78 investors in its August 2024 Form D, against an indefinite offering.

Alongside the flagship series the firm runs a separate opportunity line: XYZ Venture Capital Go Faster Fund I registered in 2021 and Go Faster Fund II in 2023, giving limited partners a route to concentrate into companies that are working without diluting the seed-stage discipline of the main funds. All six are Delaware limited partnerships filing from San Francisco, and Fubini is named as managing member of the general partner on the flagship filings, with XYZ Venture Capital, LLC as management company. The move from a first fund in 2017 to a $202.5 million fourth fund marks a firm that scaled its check size while holding to first-check entry.