Fitz Gate Ventures
VC
2015
$70 M
Houston, Texas, United States
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
Fitz Gate Ventures is an early stage venture capital firm with $70mm AUM currently investing out of its third fund, with Rice University as one of its anchor investors. Recent exits include Celestial AI ($5.5bb to Marvell (NYSE: MRVL)) which is a Fund II portco (Fitz Gate led the seed+ round) and Quantum Circuits, Inc.($550mm to D-Wave (NYSE: QBTS) which is a Fund I portco (Fitz Gate was the first institutional investor). Fitz Gate III invests anywhere in the U.S. and is a generalist fund with a sub-focus on deeptech. Fitz Gate brings a unique strategic advantage to its portfolio companies by leveraging its proprietary “Friends of Fitz” network, comprised of hundreds of venture capitalists, startup founders, educators, senior executives and subject matter experts. Fitz Gate writes initial checks of $500K - $1M, reserving for follow-on rounds. Fitz Gate will lead rounds, co-invest with other funds or invest alone. World class investors such as Andreessen Horowitz, Sequoia, Bessemer, Blackstone, Morgan Stanley, Eli Lilly, Temasek/Xora, Blackrock, Glaxo, Bezos Expeditions, Merck, Fidelity, MIT Engine Fund, First Round, Zoom, KKR, Fusion Fund, Formula One, Koch Disruptive Technologies, Fidelity, Astra Zeneca, Porsche and others have invested after Fitz Gate in Fitz Gate portfolio companies.
Industry
Region of investment
Fitz Gate Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Flagship venture capital fund II
|
Venture Capital (VC)
|
Financial Services
Fintech
Healthcare Services
Marketing and Advertising
Media and Entertainment
Real Estate
Robotics
SaaS
Security
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$25 M
|
May 2020
|
|
Fitz Gate Ventures III
|
Venture Capital (VC)
|
Fashion/Beauty
Financial Services
Fintech
Healthcare Services
Marketing and Advertising
Media and Entertainment
Real Estate
Robotics
SaaS
Security
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$70 M
|
December 2025
|
