Fundraising Fox

Elefund

Venture capital

Mountain View · Seed–Growth · 10 people tracked

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

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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 Aug 3, 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
28

Team · 10 people

from the firm's website & public directories
David Mavashev· General Partnerin
Rasheen Smith· Venture Partner
Arnold Goldberg· Advisor

Head of Payments at Google and former Chief Architect at PayPal.

Charly Kevers· Advisor

Chief Financial Officer at Carta and formerly a Senior Director at Salesforce.

Sara Wyman· Advisor

Former Head of Enterprise Sales and Strategic Partnerships at Affirm.

Xuan Zhao· Advisor

Director of Research at Wyze and former lead researcher at Robinhood, Airbnb, and Instagram.

What they invest in

from 12 of 28 portfolio companies

Fintech ×7SaaS ×6Data & Infrastructure ×4InsurTech ×3Enterprise Software ×2Healthtech ×2Wellness & Fitness ×2Advanced Manufacturing ×1

HQs:United States×6United Kingdom×1South Korea×1Lithuania×1

Investments · 28 tracked

founders shown can be your intro path
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)Daniel Ward(Director)David Ulevitch(Director)

Aetherflux
Alpacaalpaca.marketsin𝕏

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(Founder/CTO)inBen Jackson(Director)Eddie Branchaud(Director)Karen Borchert(Executive Officer, Director)

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

Branch
Branch Insurance
Branded by Brand Fitbrandfit.studio
Calmcalm.com

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 & Fitness

David Ko(CEO)

Canopy
Canopy Connectusecanopy.comin𝕏

Canopy Connect provides an insurance data intake platform that verifies and monitors insurance information by pulling structured data and documents from carriers, dec pages, and forms.

Data & InfrastructureFintechInsurTech

Carta

Revolutionizes how founders, investors, and employees manage equity and ownership.

Confirm HR
Curacelcuracel.coin𝕏

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

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)

Flo Healthflo.healthin𝕏

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

Forward
Groq
Handle
Harmonic
HotelEngine

Denver, US

Elia Wallen(Executive Officer, Director)

Pie Insurancepieinsurance.comin

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

InsurTechUnited States, US

John Swigart(Co-founder and CEO)inJoel Moxley(Director)Ian Sigalow(Director)Kip Oberting(Director)Dax Craig(Director)

QuotaBookquotabook.comin𝕏

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

Realcast
Robinhoodrobinhood.comin𝕏

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

Fintech

Vlad Tenev(CEO)in

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

Truv

Income and employment verification

Voyager Technologies

Delivers transformative, mission-critical solutions from ground to space.

Workramp

Frequently asked questions

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.

Co-investors · 28

Andreessen Horowitz

Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.

$500K – $50M
Social Leverage

Social Leverage is an early-stage venture capital firm founded by entrepreneurs that has backed 150+ startups since 2009, including Robinhood, beehiiv, Kustomer and Manscaped.

Both backed · 2
$1M – $2M
Index Ventures

Index Ventures is a venture capital firm that backs founders across the globe, investing in the people behind ideas from early through later stages.

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
Susa Ventures

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

Both backed · 1
$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.

Both backed · 1
$500K – $10M
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 · 1
$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.

Both backed · 1
$1M – $15M
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
Listen Ventures

Listen Ventures is a consumer-focused venture capital firm founded in 2010 that partners with founders to build disruptive brands amid shifts in consumer behavior.

Both backed · 1
$1M – $10M
16 more co-investors

Evio VCTechstarsLong 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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