Profile
Elefund is a venture capital firm based in Mountain View, California, founded in 2015. The firm focuses on investing in early-stage technology startups across various sectors, including fintech, enterprise software, AI, aerospace, travel, health & wellness, and consumer apps. Elefund primarily invests at the pre-seed, seed, and Series A stages, partnering with entrepreneurs to provide capital, strategic guidance, and operational support.
With a portfolio of over 24 companies, Elefund has made between 37 to 44 investments and manages seven funds, including Elefund II, which closed at $30 million in 2021. The firm emphasizes innovation and scalability, aiming to build profitable businesses that address significant challenges. Recent activities include co-leading a $16 million seed round for Forward, a SaaS payments platform, in June 2024. The team consists of experienced operators and investors, including co-founders David Mavashev and Nathan Rodland, along with a network of industry experts.
Industry
Region of investment
Elefund Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Elefund, L.P. Fund I
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
Healthcare Services
Robotics
SaaS
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$30 M
|
July 2015
|