FELICIS VENTURES
FELICIS VENTURES is a Pre-seed, Seed, Series A, Series B and Series C+ fund in the US writing $500K–$40M checks into AI, Developer Tools, Enterprise, Healthcare, Security, healthcare-tech and global-resilience.
- Stages
- Pre-seed, Seed, Series A, Series B, Series C+
- Sectors
- AI, Developer Tools, Enterprise, Healthcare, Security, healthcare-tech, global-resilience
- Check size
- $500K–$40M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2006
- Assets under management
- $4.8B
Thesis
Operating with a 'founder-first' philosophy, the firm backs founders building iconic companies, providing operational support and 1% non-dilutive founder development capital with every first check. Their investment thesis is generalist, focusing on early-stage companies across various sectors, with a strong emphasis on AI-native and frontier technology companies. Key thematic areas include artificial intelligence (AI), cybersecurity, infrastructure, health & biotech, global resilience, and vertical SaaS. They invest across Pre-Seed, Seed, Series A, Series B, and Growth Equity stages, with a preference for Seed and Series A, leading or co-leading over 83% of their investments. The firm's AUM exceeds $4.8 billion across 18 funds, with their latest fund, Fund X, closing at $900 million in June 2025. Typical check sizes range from $500,000 to $15 million, with a sweet spot of $7.8 million, and other sources indicate checks from $1 million to $40 million. Over 93% of their capital is deployed in seed and Series A deals.
Common questions
Does FELICIS VENTURES invest at the Pre-seed stage?
Yes. FELICIS VENTURES lists Pre-seed, Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does FELICIS VENTURES write?
FELICIS VENTURES writes $500K–$40M checks.
Where does FELICIS VENTURES invest?
FELICIS VENTURES invests in the US.