Elefund is a thesis-driven, early-stage venture capital firm based in Mountain View, California, investing across fintech, AI, enterprise, marketplaces, and breakthrough technology from pre-seed to Series A.
Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is series-a (40% of deals). Average disclosed round size is $34.4M (across 36 rounds with reported amounts).
Portfolio
39
Fund Size
—
Top Stage
Series A
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
45 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Trussed AI | Seed | — | Feb 2026 |
 Alpaca | Series D | — | Jan 2026 |
| AAlpacaDB, Inc. | Series C | $52M | Jan 2026 |
 Stackpack | Seed | $6.3M | May 2025 |
 Forward | Seed | $16M | May 2024 |
 Mermaid | Seed | $7.5M | Jan 2024 |
 Raincoat | Seed | $6.5M | Jun 2023 |
 Atomos Space | Series A | $16.2M | Jan 2023 |
 Welcome Homes | Series A | $29M | Jan 2023 |
 Curacel | Seed | $3M | Jan 2023 |
 StretchDollar | Pre-Seed | — | Jan 2023 |
 Welcome | Series A | $29M | Jan 2023 |
 Canopy Connect | Series A | $6.5M | Jan 2023 |
 Atomos | Series A | $16.2M | Jan 2023 |
| Welcome Homes | Series A | $29M | Sep 2022 |
 Quotabook | Series A | $11M | Aug 2022 |
| CCropsafe | Seed | $3M | May 2022 |
| PPie Group Holdings, Inc. | Series D | $315M | Jan 2022 |
 Able | Seed | — | Oct 2021 |
 Admix | Series B | $25M | Oct 2021 |
 Truv | Seed | $25M | Jan 2021 |
| PPie Group Holdings, Inc. | Series C | — | Jan 2021 |
 Pie Insurance | Series C | — | Jan 2021 |
| Alpaca | Series B | $50M | Jan 2021 |
| Welcome Homes | Seed | $5.3M | Oct 2020 |
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Top Co-Investors
Greycroft9 shared
Gaingels8 shared
Portage Ventures6 shared
Y Combinator6 shared
Foundation Capital5 shared
Foundamental4 shared
Founders Fund4 shared
SignalFire4 shared
American Family Ventures4 shared
Nyca Partners4 shared
Techstars4 shared
Peak XV Partners4 shared
Opera Tech Ventures4 shared
Unbound4 shared
Horizons Ventures4 shared
Parker893 shared
Arena Holdings3 shared
Activant Capital3 shared
SV Angel3 shared
Kleiner Perkins3 shared
Last updated: 7 October 2026