
Friends & Family Capital is a Silicon Valley-based venture capital firm founded by former Palantir CFO Colin Anderson and John Fogelsong. The firm backs entrepreneurs transforming big markets, providing operational expertise across finance, team-building, and capital strategy, with a focus on defense, national security, and critical infrastructure.
Deal activity increased 67% year-over-year (10 deals in the last 12 months). Average disclosed round size is $68.4M (across 56 rounds with reported amounts).
Portfolio
53
Fund Size
$118M
Top Stage
Series B
Last 12 Mo
10
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
61 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| HHeaviside Industries | Series B | $60M | Aug 2026 |
| Pre-Seed | — | Jul 2026 | |
| Pre-Seed | $100K | Jun 2026 | |
| AAstranis Space Technologies Corp | Series E | $300M | May 2026 |
| Series E | $300M | May 2026 | |
| Series A | — | Jan 2026 | |
| Series A | $54M | Jan 2026 | |
| VValinor Enterprises | Series A | $54M | Jan 2026 |
| Series B | $38M | Jan 2026 | |
| Series B | $60M | Jan 2026 | |
| Unknown | $200M | Jan 2026 | |
| Growth | $300M | Dec 2025 | |
| Series C | $300M | Dec 2025 | |
| Series B | $145M | Nov 2025 | |
| Series C | $82M | Mar 2025 | |
| DDittoLive, Inc. | Series B | $82M | Mar 2025 |
| Series B | $82M | Mar 2025 | |
| PPeregrine.io | Series C | $190M | Mar 2025 |
| Unknown | $300M | Jan 2025 | |
| Series A | $12M | Jan 2025 | |
| Series C | $190M | Jan 2025 | |
| Series B | $82M | Jan 2025 | |
| Series B | $51M | Jan 2025 | |
| Series B | $35M | Dec 2024 | |
| Series A | $28M | Oct 2024 |
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Top Co-Investors
Fifth Down Capital12 shared
Founders Fund11 shared
Goldcrest Capital8 shared
Godfrey Capital6 shared
Menlo Ventures5 shared
Acrew Capital5 shared
True Ventures5 shared
General Catalyst5 shared
Chevron Technology Ventures4 shared
Advance Venture Partners4 shared
Top Tier Capital Partners4 shared
Internet Initiative Japan4 shared
Fundrise4 shared
Amity Ventures4 shared
Y Combinator4 shared
8VC3 shared
Long Journey Ventures3 shared
Boost VC3 shared
Draper Associates3 shared
Craft Ventures3 shared
Last updated: 20 October 2026