Fundraising Fox

Jim Andelman

InvestorFounder

Co-Founder and Managing Partner at Bonfire Ventures · Board director at Telgorithm · Board director at Fuel 50 · Board director at KYC Hospitality

Santa Barbara, California

Writes $1M – $3M checks · typically $2M

FoundedFuel 50Keen LabsKYC HospitalityParticle Industries, Inc.SKAEL, Inc.Telgorithm

About

Jim Andelman, who co-founded a firm by merging two micro‑VCs, runs a concentrated seed strategy—8–10 B2B/vertical SaaS investments annually for SMBs—with an 85% follow‑on rate, low‑teens ownership, and over 50% reserves.

Invests in

AI & Machine LearningEnterprise SoftwareFintechHR TechSaaS

Board director at Telgorithm

Intro paths

In turn, Jim can intro founders to Telgorithm's investors below.

Co-founders at Telgorithm

MZ
Mason ZhengExecutive Officer, Director
AA
Aaron AlterExecutive Officer, Director
RY
Russell YueDirector

Board director at Fuel 50

Intro paths

In turn, Jim can intro founders to Fuel 50's investors below.

Co-founders at Fuel 50

AFAnne Fulton
Anne FultonExecutive Officer, Director
JM
Joanne MillsExecutive Officer, Director
RS
Ron ShahExecutive Officer

Board director at KYC Hospitality

Intro paths

In turn, Jim can intro founders to KYC Hospitality's investors below.

Co-founders at KYC Hospitality

DY
Dina YuenFounder

Experience

  1. Bonfire VenturesCo-founder and Managing Directorcurrent2017 — presentGreater Los Angeles Area
  2. JunoBoard member and Investorcurrent2026 — present
  3. RisottoBoard Member and Investorcurrent2025 — present
  4. GitStartHQ (YC S19)Board member and Investorcurrent2023 — present
  5. AlvysBoard member and Investorcurrent2023 — present
  6. Topline ProBoard member and Investorcurrent2022 — presentNew York, New York, United States
  7. TelgorithmBoard member and Investorcurrent2022 — presentGreater Los Angeles, California, United States
  8. WriterBoard member emeritus and Investorcurrent2020 — presentSan Francisco Bay Area
  9. SwellBoard member and Investorcurrent2020 — present
  10. CubeInvestorcurrent2020 — present
  11. WindfallBoard member Emeritus and Investorcurrent2019 — present
  12. Wildfire Systems, IncBoard member and Investorcurrent2018 — presentSan Diego Metropolitan Area
  13. BoulevardBoard Member emeritus and Investorcurrent2018 — present
  14. Fuel50 (Career path software)Board Member and Investorcurrent2017 — present
  15. PostieInvestorcurrent2017 — presentGreater Los Angeles Area
  16. DISQOInvestorcurrent2017 — presentGlendale, California, United States
  17. Rincon Venture PartnersFounder and Managing Partnercurrent2005 — present
  18. Rainforest QABoard Member and Investorcurrent2015 — present
  19. AloftBoard Member and Investor2018 — 2026
  20. ParticleBoard member and Investor2016 — 2026San Francisco Bay Area

Education

  1. The Tuck School of Business at DartmouthMBA1995 — 1997
  2. The Wharton SchoolBS Econ.1987 — 1991

Skills & more

Start-ups80International Expansion3Angel Investing22Corporate Development30Venture Capital99Start-up Ventures6Growth Management4Exit Strategies5Social Media Marketing10Private Equity16Strategic Partnerships25Financial Modeling9
+12 moreDue DiligenceEntrepreneurshipMergersInvestmentsCapitalExecutive ManagementBusiness StrategyMergers & AcquisitionsStrategyBusiness DevelopmentM&A experienceCompetitive Analysis

From Jim's professional profile.

Deals · 5

KYC HospitalityBoard seat

via Bonfire Ventures · filed Sep 2019 · $2.6M raise

Kittyhawk.io, Inc.Board seat

via Bonfire Ventures · filed May 2018 · $5M raise

Keen LabsBoard seat

via Bonfire Ventures · filed Mar 2016 · $4.5M raise

press ↗

RentlyticsBoard seat

via Bonfire Ventures · filed Dec 2015 · $9.2M raise

RockbotBoard seat

via Bonfire Ventures · filed May 2015 · $3.5M raise

Attribution from SEC filings, press coverage, and firm rosters.

Colleagues at Bonfire Ventures

Network6

Investors connected to Jim in public investor directories — a warm-intro map.

Frequently asked questions

Where does Jim Andelman work?
Jim Andelman is Co-Founder and Managing Partner at Bonfire Ventures and Founder at Telgorithm and Founder at Fuel 50 and Founder at KYC Hospitality.
What does Jim Andelman invest in?
Jim Andelman invests in AI & Machine Learning, Enterprise Software, Fintech, HR Tech, SaaS.
What check size does Jim Andelman write?
Jim Andelman typically writes checks of $1M – $3M.
What companies did Jim Andelman found?
Jim Andelman founded Fuel 50, Keen Labs, KYC Hospitality, Particle Industries, Inc., SKAEL, Inc., Telgorithm.

Same school

Shared employers