What stage does Fog City Capital invest at?

Fog City Capital invests at the Seed, Series A, Series B, Growth stages.

What is Fog City Capital's typical check size?

Fog City Capital typically writes checks of $5M – $20M.

Where is Fog City Capital located?

Fog City Capital is headquartered in San Francisco, US.

Does Fog City Capital lead rounds?

Yes, Fog City Capital leads investment rounds.

Who does Fog City Capital co-invest with?

Fog City Capital most often shares deals with Level One Fund, Relay Ventures, Time Zero Capital, among 4 tracked co-investors.

Fog City Capital

Venture capital

San Francisco · Seed–Growth · 4 people tracked

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Investment thesis

Fog City Capital backs early to mid-stage technology and services companies, positioning itself as a value-added, operationally involved partner rather than a passive source of capital. Drawing on the team's backgrounds founding, growing, and leading companies, the firm works closely with management to build and execute growth strategies and rapidly scale organizations into industry leaders. It funds companies needing growth capital as well as those in transition, and will consider both control and significant minority investments. Its primary co-investor is Senvest Capital, a publicly traded financial group.

Invests inAdTech AI & Machine Learning Consumer Enterprise Software Marketing Tech Media & Entertainment SaaS Asia-Pacific Europe Global North America San Francisco United States

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Growth

Check

$5M – $20M

San Francisco, California, US

Leads rounds

Leads

Instruments

Equity

Founded

2004

Tracked investments

Acquisitions

Team · 4 people

from the firm's website & public directories

Adit Abhyankar· Partner· SF Bay Area and Madrid, Spain

Former CEO of Fog City portfolio company Ad-Lib.io before its acquisition by Smartly.io, and previously spent five years at Google leading enterprise marketing analytics sales. He has worked across several startups including as Executive Director at Visual IQ and CFO at SolutionSet, and holds engineering degrees from Tulane University.

a•••@fogcitycapital.comreveal

Ravi Bhaskaran· Partner

A managing partner at Fog City with over 30 years in general, business, and corporate development, holding operating and board roles across portfolio companies. He previously consulted at Booz Allen & Hamilton and holds degrees from UC Berkeley, University of Chicago, and London Business School.

r•••@fogcitycapital.comreveal

Michael Laven· Advisor

CEO of CurrencyCloud with extensive experience building and leading technology firms in Silicon Valley and Europe. He previously served as COO of Traiana and held CEO roles at Iris Financial, Cohera, and Infinity Financial Technology.

Ron Vandenberg· Advisor

Co-founder of creative agency BluLab and a founding partner of FutureBrand, Blue Mint, and Merchant, with a career in branding, design, and film. He is an award-winning creative leader and Executive Creative Director at RKO Pictures.

What they invest in

from 1 of 3 portfolio companies

Consumer ×1Creator Economy ×1Hardware ×1

HQs:United States×1

Investments · 3 tracked

founders shown can be your intro path

Fctry Labfctrylab.com inDec 2022

FCTRY LAb is a Los Angeles studio and incubator that lets athletes, artists, and first-time builders design, prototype, and release their own custom sneakers.

ConsumerCreator EconomyHardwareLos Angeles, US

Omar Bailey(Founder)

Co-investorsLevel One Fund Relay Ventures Time Zero Capital Elysian Park Ventures Slauson & Co.

Other

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

SolutionSetVisual IQ

Exits · 1

1 acquisitions

Visual IQacq. by Nielsen

Portfolio news

latest coverage across their companies

How Fctry Lab Became a Favorite Sneaker Designer for Celebrities

Fctry Lab · inc.com · Dec 2, 2025

Frequently asked questions

What stage does Fog City Capital invest at?: Fog City Capital invests at the Seed, Series A, Series B, Growth stages.
What is Fog City Capital's typical check size?: Fog City Capital typically writes checks of $5M – $20M.
What sectors does Fog City Capital focus on?: Fog City Capital focuses on AdTech, AI & Machine Learning, Consumer, Enterprise Software, Marketing Tech, Media & Entertainment, SaaS.
Where is Fog City Capital located?: Fog City Capital is headquartered in San Francisco, US.
Does Fog City Capital lead rounds?: Yes, Fog City Capital leads investment rounds.
Who does Fog City Capital co-invest with?: Fog City Capital most often shares deals with Level One Fund, Relay Ventures, Time Zero Capital, among 4 tracked co-investors.

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