515 Ventures

About 515 Ventures

515 Ventures is a venture capital firm founded in 2016 and based in Oakland, California. Created by Frederic Kerrest, co-founder of Okta, the firm focuses on backing hard-working, high-integrity founders building ambitious, technology-driven companies. It combines early capital with operator-level guidance to help founders scale effectively from the earliest stages. The firm invests primarily in software and technology businesses, including companies in enterprise software, AI, infrastructure, cybersecurity, health tech, and emerging technology sectors. Its portfolio includes a broad range of early-stage ventures, reflecting a thesis centered on scalable software solutions and strong product-market fit. Beyond providing capital, 515 Ventures emphasizes hands-on mentorship. The team supports founders with go-to-market strategy, sales execution, organizational development, and operational scaling — leveraging deep entrepreneurial experience to help companies accelerate growth and build durable long-term value.
People
  • Frederic Kerrest, Founder & Managing Partner