FCVC
About FCVC
We seek to partner with extraordinary founders who challenge convention and aim to build indispensable, enduring companies. We are particularly attracted by the contrarian and the non-obvious.
We combine the personal relationship of a traditional VC fund based in Silicon Valley—FCVC—with the global reach of the world’s first online VC platform—FundersClub.
Via our VC fund, FCVC, we leverage our personal experience as entrepreneurs, our experience working with hundreds of founders as VCs, and the scaled insights we’ve learned from our VC platform. As founders, we built, grew, and sold our own startups. As VCs, we’ve been among the very first investors to support what are now multiple billion-dollar category-leading startups. We’re at the ready to help our founders with our Seed and follow-on capital, warm intros to the world’s leading Series A and later VCs, and advice and connections for scaling their businesses.
We’ve partnered with over 275 top startups across FCVC & FundersClub, representing the top 2% or less of startups we’ve reviewed. We use our scale to benefit our founders. Few VC investors have been a part of as many startup journeys as we have, and we draw from the shared insights and best practices we’ve learned from this unique perspective to help our founders. We also encourage and facilitate our founders to help each other, which has led to an active founder and alumni founder community.
Criteria
▪ A Remarkable Team: We are looking for formidable teams that have a big vision, the substance to get there, and the tenacity to break through brick walls.
▪ Early Stage Companies: We prefer to enter at the seed and Series A round, as we find we can add the most value there. We support founders in raising follow-on capital from other top VCs for subsequent rounds.
▪ Demonstrable Traction: While our qualifications differ depending on industry, we look for companies that can demonstrate early product-market fit. This means you've moved beyond the idea stage and have compelling data that proves your early users/customers want what you are providing.
▪ Tech and Tech-Enabled: We are open to tech and tech-enabled companies in any industry. To see some of the industries that we currently support, check out our companies.
▪ Big Markets: We fund companies with the potential for enormous growth. We look for startups that serve large, multi-billion-dollar total addressable markets (TAMs).
▪ Strong Moats: We seek companies featuring business models with sustainable competitive advantages, such as network effects, high and growing switching costs, intellectual property, brand, and proprietary & unique data acquisition.
▪ Local and Global Reach: Though we are based in Silicon Valley, we invest globally. FundersClub has funded startups in 21 countries across the globe, and we are always looking to expand into new countries.
People
- Alex Mittal, Partner