🦊/Investors

Elefund

Venture capitaloperating company · company profile

Mountain View · Seed–Growth · 6 people tracked

Also known as Elefund Continuity · Elefund Fastly · ELEFUND MANAGEMENT COMPANY, LLC

Find your way into Elefund

844 people in our graph share verified history with the Elefund team — schools, employers, funds. One of them is your warm intro.

Mischa Vaughnunlockedknows Serik Kaldykulov · together at Carta (overlapped)
knows the team · via Endurance Energy
×3knows the team · via Robinhood
×5knows the team · via The Wharton School
knows the team · via Alpaca
knows the team · via Pie Insurance
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Investment thesis

Elefund invests in bold, mission-driven founders working to shape the future. The firm typically enters early — at seed and Series A — and has backed companies spanning financial services, enterprise software, digital asset infrastructure, and aerospace. Its approach centers on partnering with founders whose companies aim to transform large markets, from democratizing access to investing to enabling institutions to trade digital assets and delivering mission-critical solutions from ground to space.

Source: firm website, verified Sep 15, 2026.

Stage
Seed–Growth
HQ
Mountain View, California, US
Leads rounds
Follows
Instruments
Equity
Founded
2015
Private fund assets
$170.2M
VC funds
8
Tracked investments
39
Unicorns
4
IPOs
1
Acquisitions
1

Team · 6 people

from the firm's website & public directories
David Mavashev· General Partnerin

Founder mafia

2 people who came through Elefund went on to found or lead other companies.

What they invest in

from 20 of 39 portfolio companies

Fintech ×11SaaS ×11Data & Infrastructure ×6Enterprise Software ×6AI & Machine Learning ×4InsurTech ×4Healthtech ×3Wellness & Fitness ×3

HQs:United States×15Australia×1United Kingdom×1South Korea×1Lithuania×1

Who they back

founder profiles across 14 portfolio companies
43%
solo founders
6 of 14 mapped founding teams
67%
repeat founders
of 18 founders with career history

Founding team size:solo founder×62 founders×74+ founders×1

Where their founders studiedfrom 16 founders with education data

Creative Destruction Lab ×2Massachusetts Institute of Technology ×2Stanford University ×2Stanford University Graduate School of Business ×2

What their founders studiedfrom 14 founders with field-of-study data

Computer Science ×5Business & Management ×4Engineering ×3

Where their founders worked beforefrom 18 founders with career history

Astranis Space Technologies Corp. ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4

Investments · 39 tracked

founders shown can be your intro path

By year:2023 · 62022 · 22021 · 32019 · 22018 · 22017 · 116 dated

Robinhoodrobinhood.comin𝕏NASDAQ: HOODAug 2019

Robinhood is a financial trading platform that enables users to manage portfolios across stocks, ETFs, cryptocurrencies, options, futures, and prediction markets.

FintechMenlo Park, US

BAIJU BHATT(Executive Officer, Director)inVlad Tenev(Co-founder & CEO)inBaiju Bhatt(Co-founder)inJASON WARNICK(Executive Officer)inGRETCHEN HOWARD(Executive Officer)in

BoardSCOTT SANDELL(Director)in

Co-investors1/1 CapitalACME CapitalAlgerAmplo VenturesAndreessen HorowitzBLN Capital+42 more

Orderfulorderful.comin𝕏✓ verified

Orderful provides technology for instant electronic data interchange (EDI) connectivity between trading partners, replacing traditional one-by-one connection setups with immediate, always-current integrations for any transaction type.

Data & InfrastructureEnterprise SoftwareLogistics & Supply ChainSaaSSan Francisco, US

Erik Kiser(Executive Officer, Director, Promoter)inJohn McCarthy(Executive Officer, Director)

BoardGregoire Lehmann(Director)inDaniel Ward(Director)David Ulevitch(Director)in

Co-investorsAndreessen HorowitzPathbreaker VenturesAnorak VenturesCalm VenturesGaingelsHack VC+6 more

Ableablehumanmotion.comOct 2021 · $3.2M

Able Human Motion develops a lightweight, quick-to-fit exoskeleton for neurorehabilitation in clinical settings, actively assisting people with mobility impairments to walk again.

HealthtechMedical DevicesRobotics

Co-investorsBStartupShip2BLocalGlobeMoonshots CapitalNext Coast VenturesSignal Peak Ventures

Alpacaalpaca.marketsin𝕏Oct 2023 · $15M

Alpaca provides brokerage infrastructure APIs that enable fintechs and financial institutions to build investing applications and platforms with access to stocks, options, crypto, and other asset types.

Data & InfrastructureDeveloper ToolsFintechSaaSSan Francisco, US

Yoshi Yokokawa(Co-Founder & CEO)inHitoshi Harada(Co-Founder & CPO)inKaren Borchert(Executive Officer, Director)in

BoardBen Jackson(Director)Eddie Branchaud(Director)

Co-investorsAbstract VenturesDiagramEndeavor CatalystHorizons VenturesNimble PartnersOpera Tech Ventures+9 more

Astranisastranis.comin𝕏

Astranis manufactures small, high-powered geosynchronous satellites equipped with advanced digital processing technology for global telecommunications and connectivity services.

Advanced ManufacturingDeep TechHardwareSpace TechSan Francisco, US

John Gedmark(Founder/CEO)inRyan McLinko(Founder/CTO)in

Co-investorsAndreessen HorowitzBlack FlagBoxGroupCantos VenturesCherubic VenturesCommonweal Ventures+39 more

Brand Fitbrandfit.studio

Brand Fit is a branding studio that helps founders of Series A and later companies evolve their brand identity and systems to support scaling, investment, partnerships, and category leadership.

Marketing TechWellness & Fitness

Kirby(Founder)

Calmcalm.comApr 2023

Calm is a mental health app offering guided meditations, sleep stories, soundscapes, and stress-relief tools designed to help users manage anxiety, improve sleep, and build healthy habits for overall wellness.

HealthtechMental HealthWellness & FitnessMiami, US

David Ko(CEO)

Co-investorsAcumen AmericaBrighter CapitalCherubic VenturesConnect VenturesEQUIAMEvio VC+18 more

Canopy Connectusecanopy.comin𝕏Series A · Oct 2023 · $7M

Canopy Connect provides digital infrastructure for permissioned data sharing between consumers and businesses, enabling insurance agencies, carriers, lenders, and automotive businesses to deliver frictionless insurance and lending services.

Data & InfrastructureEnterprise SoftwareFintechInsurTechSaaS

Co-investorsNimble PartnersLocalGlobeNevcaut Ventures

Confirm HRconfirm.comin𝕏

Confirm is an AI-powered performance management platform that uses Organizational Network Analysis to map collaboration patterns and provide objective data for fairer employee reviews.

AI & Machine LearningEnterprise SoftwareHR TechSaaSSan Francisco, US

Josh Merrill(Founder)inJeremy Lerner

Co-investorsResolute VenturesScribble VenturesSpero VenturesWestern Technology InvestmentAccomplice

Curacelcuracel.coin𝕏Seed · Feb 2023 · $3M

Curacel builds insurance infrastructure and distribution technology to provide risk protection for people in emerging markets who lack access to traditional insurance products.

AI & Machine LearningFintechInsurTechSaaSLondon, GB

Henry Mascot(Founder)inJohn Flash Dada(Founder)in

Co-investorsAAF Management Ltd.Atlantica VenturesCapria VenturesCo-Creation Hub (CcHUB)Consonance Investment ManagersOlive Tree Capital+1 more

Elefundelefund.com

A venture capital and investment firm that funds startups across multiple industries including fintech, AI, and enterprise software at all growth stages.

AI & Machine LearningEnterprise SoftwareFintech

Serik Kaldykulov(Founder)in

Co-investorsNimble PartnersOpera Tech VenturesPeak XV Partners

Engineengine.comin𝕏

Engine (formerly Hotel Engine) operates a business travel management platform that connects companies with lodging, flights, and car rentals to book and manage trips.

FintechMarketplacesSaaSTravel & Hospitality

Elia(CEO)

Co-investorsTelescope Partners

Flo Healthflo.healthin𝕏Jul 2018

Flo is a women's health app offering personalized cycle tracking, fertility guidance, pregnancy support, and health education backed by a medical team.

Digital HealthFemTechHealthtechWellness & FitnessVilnius, LT

Dmitry Gurski(Founder)inYury Hurski(Executive Officer, Director)Maxim Scrobov(Executive Officer, Director)

BoardAndrey Gershfeld(Director)Yauheni Nuehen(Director)

Co-investorsCrosslink CapitalElysium VenturesGeneral AtlanticMangrove Capital PartnersSDVTarget Global+1 more

LandVaultlandvault.ioSeries B · Oct 2021 · $25MAcquired

Landvault builds, hosts and monetises immersive 3D and metaverse experiences for brands and governments.

Co-investorsColopl NextDIP CapitalFounders FactoryFounders Factory NYNotion Capital

Mothershipmothershipcorp.comin𝕏

Mothership provides business solutions that replace traditional problem-solving approaches for companies, though the specific nature of their offerings is not clearly detailed on the page.

B2B MarketplacesData & InfrastructureEdTechEnterprise SoftwareFuture of WorkHR TechInsurTechMarketplacesAustin, US

Gregg Luskin(Co-founder and Chief Technology Officer)inAaron Peck(Co-founder and Chief Executive Officer)in

Co-investorsAcrew CapitalAlpana VenturesAlt CapitalAndreessen HorowitzBow CapitalFifth Wall+9 more

Nimbellanimbella.comSeed · Dec 2018 · $4M

Santa Clara, US

Rodric Rabbah(Executive Officer, Director)Perry Cheng(Executive Officer)Eric Swildens(Executive Officer, Director)

BoardAnshu Agarwal(Executive Officer, Director)in

Co-investorsConverge

Pie Insurancepieinsurance.cominSeed · Oct 2017 · $5M

Pie Insurance is an insurtech company providing property and casualty insurance solutions.

InsurTechUnited States, US

John Swigart(Co-founder and CEO)inDax Craig(Director)inJoel Moxley(Director)

BoardIan Sigalow(Director)in

Co-investorsAllianz XGreycroftAcrew CapitalAspect VenturesEvolution VC PartnersGallatin Point Capital+6 more

QuotaBookquotabook.comin𝕏Aug 2022 · $11M

Quotabook provides investor relations management software for Korean startups and enterprises, enabling end-to-end management of fundraising, investor reporting, and financial data.

Enterprise SoftwareFintechSaaSSeoul, KR

Andy Choi(Founder)in

Co-investorsDraper AssociatesShorooq PartnersY CombinatorAccess Ventures

Stackpackstackpack.aiin

Stackpack provides an AI agent for finance teams that manages vendor and AI spend, monitoring contract renewals, analyzing token usage, flagging spend increases, catching unused vendors, routing approvals, and setting budgets.

AI & Machine LearningFintechSaaSSan Francisco, US

Sara Wyman(Founder)in

Co-investorsLayout VenturesMSIVFreestyle CapitalNomad Venture Partners, LlcUpside Partnership

Stakeholder Labsstakeholderlabs.cominFeb 2023

Stakeholder Labs works alongside public companies' investor relations, communications, and marketing teams to build retail-investor communication and community programs, combining strategic advisory, proprietary software and data, and day-to-day execution.

FintechMarketing TechSaaSWest Hollywood, US

Matt (MJ) Joanou(Founder)inAndres Focil(Executive Officer, Director)

Co-investors1Flourish CapitalCaffeinated CapitalFinSight VenturesGreycroftSeven Seven SixWitz Ventures

Talostalos.comin𝕏

Talos provides white-label cryptocurrency trading infrastructure and technology for retail investment platforms and digital asset brokerages.

Crypto & Web3Data & InfrastructureFintechSaaS

Anton Katz(Founder & CEO)in

Co-investors10SQ Capital (TenSquared)a16z cryptoAndreessen HorowitzCastle Island VenturesCoinbase VenturesFin Capital+12 more

Truvtruv.comin𝕏Mar 2022 · $25M

Truv operates a consumer-permissioned data platform that gives financial institutions direct access to income, employment, asset, tax, transaction, and insurance data through a unified API.

Data & InfrastructureFintechSaaSNew York City, US

Kirill Klokov(Co-Founder & CEO)inIlya Chatsviorkin(Co-Founder & CTO)in

Co-investorsAbstract VenturesChapter OneFunction VenturesKleiner PerkinsNimble PartnersNyca+3 more

Welcome Homeswelcomehomes.cominJan 2023 · $29M

Online home building platform that lets buyers design and build single-family homes on vacant lots at guaranteed prices.

Alec Hartman(Founder)

Co-investorsActivant CapitalAdapt VenturesCrunchFundEra VenturesFoundamentalKokopelli Capital+6 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AetherfluxAlpacaDBBranchBranch InsuranceCanopyCartaForwardGroqHandleHarmonicHotelEngineLoónaQuota LabRealcastVoyager TechnologiesWorkramp

Exits · 2

1 IPOs · 1 acquisitions · showing 1

RobinhoodNASDAQ: HOOD

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Elefund made?
Elefund has 39 tracked investments, 2 of which have exited.
What stage does Elefund invest at?
Elefund invests at the Seed, Series A, Series B, Growth stages.
What sectors does Elefund focus on?
Elefund focuses on AI & Machine Learning, Consumer, Crypto & Web3, Enterprise Software, Fintech, Space Tech, Travel & Hospitality, Wellness & Fitness.
Where is Elefund located?
Elefund is headquartered in Mountain View, US.
Does Elefund lead rounds?
Elefund typically participates in rounds rather than leading them.
Who does Elefund co-invest with?
Elefund most often shares deals with Andreessen Horowitz, Nimble Partners, Y Combinator, among 148 tracked co-investors.

Co-investors · 28

Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Susa Ventures

Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.

Both backed · 2
$1M – $5M
Greycroft

Greycroft is a venture capital firm that partners with founders across multiple industries and geographies, investing in software, sustainability, and consumer brands.

$100K – $5M
UpHonest Capital

UpHonest Capital is a Silicon Valley-based investment firm founded in 2017 that supports cross-border entrepreneurship and investment between China and the United States, and runs media, scout, and incubation programs.

Both backed · 2
$50K – $1M
Acrew Capital

Acrew Capital is a venture capital firm that emphasizes a team-based approach to investing, offering portfolio companies access to its full team.

$1M – $15M
Social Leverage

Social Leverage is a venture capital firm that has invested in over 150 startups since 2009, backing founders across finance, commerce, and other sectors.

Both backed · 2
$1M – $2M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

Both backed · 1
$220K
Index Ventures

Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.

Both backed · 1
$540K – $10.8M
Sound Ventures

Sound Ventures is a venture capital firm that seeks to invest in the technology sector.

Both backed · 1
Kortschak Investments L.P.

Kortschak Investments is an investment firm that backs technically talented founders tackling difficult scientific and engineering problems, aiming for outsized returns.

Both backed · 1
Lombardstreet Ventures

Lombardstreet Ventures is a pre-seed and seed-stage venture capital firm based in Woodside, California, investing primarily in U.S. companies with a preference for Silicon Valley teams. The firm focuses on B2B software, SaaS applications, developer tools, infrastructure software, deep tech, API-first platforms, open source, and AI, while remaining open to exceptional opportunities across sectors aligned with strong founders and compelling visions.

Both backed · 1
$500K
Invariantes Fund

Invariantes Fund is an early-stage investor using a hybrid model that combines backing emerging fund managers with direct startup investments to diversify and mitigate early-stage risk.

Both backed · 1
16 more co-investors

Listen VenturesEvio VCLong Journey VenturesUncork CapitalUberKrakenPioneerUlu VenturesQueensBridge Venture PartnersTSVCUnpopular VenturesK9 VenturesSAV (Scale Asia Ventures)Adjacent Ventures LlcEngineering CapitalForce Over Mass Capital

Firms observed investing alongside Elefund, from public investor directories. Shared companies are the overlap with Elefund's recorded portfolio.

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