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    Wells Fargo

    San Francisco, California, United StatesFounded 1996
    www.wellsfargo.comLinkedIn
    FintechAIEnterprise SoftwareCrypto & Web3HealthcareCybersecurity

    Wells Fargo Strategic Capital (WFSC), the firm's venture capital arm, focuses on investing in growth-stage companies across diverse sectors, with a strong emphasis on technology and healthcare. Their strategy involves providing capital and strategic support, including non-control equity and private credit, to businesses with strong market potential and scalable models to enhance growth and operational efficiency.

    34% of their portfolio is in Fintech. Average disclosed round size is $195.0M (across 27 rounds with reported amounts).

    Find people at Wells Fargo on Goldilocks AI

    Portfolio

    29

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    1

    Team

    MR

    Matt Raubacher

    Managing Director and Division Head of Technology Strategic Capital

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    29 investments
    CompanyRoundAmountDate
    Rogo logoRogoSeries C$75MJan 2026
    CoreWeave logoCoreWeaveGrowth$650MOct 2024
    Volante Technologies logoVolante TechnologiesGrowth$66MNov 2023
    BigPanda logoBigPandaSeries E$20MAug 2022
    Talos logoTalosSeries B$105MMay 2022
    CConcertoCareSeries B$105MFeb 2022
    Yugabyte logoYugabyteSeries C$188MOct 2021
    AlphaSense logoAlphaSenseSeries C$180MSep 2021
    Super logoSuperSeries C$50MMay 2021
    Arkose Labs logoArkose LabsSeries C$70MMay 2021
    Greenlight Financial Technology, Inc. logoGreenlight Financial Technology, Inc.Series D$260MApr 2021
    Greenwood logoGreenwoodSeries A$40MMar 2021
    Socure logoSocureSeries D$100MMar 2021
    Greenlight Financial Technology, Inc. logoGreenlight Financial Technology, Inc.Series B$54MSep 2019
    OpenFin logoOpenFinSeries C$17MMay 2019
    CConnect HomesSeries A$10.8MMay 2019
    10x Genomics logo10x GenomicsSeries D$35MJan 2019
    SIMON Markets LLC logoSIMON Markets LLCUnknown—Dec 2018
    Sitetracker logoSitetrackerSeries B$24MAug 2018
    Axoni logoAxoniSeries B$32MAug 2018
    Industrious logoIndustriousSeries C$80MFeb 2018
    Visible Alpha logoVisible AlphaSeries B$38MJan 2018
    R3 logoR3Growth$107MMay 2017
    MMSquaredUnknown——
    Elliptic logoEllipticSeries B$5M—
    Page 1 of 2

    Top Co-Investors

    Goldman Sachs7 shared
    Citi Ventures7 shared
    Barclays6 shared
    Counterpoint Global (Morgan Stanley)4 shared
    J.P. Morgan4 shared
    Fidelity Investments3 shared
    Bank of America3 shared
    TTV Capital3 shared
    Andreessen Horowitz3 shared
    UBS2 shared
    HSBC2 shared
    Meritech Capital2 shared
    Lightspeed Venture Partners2 shared
    Jefferies2 shared
    Fin Capital2 shared
    Coatue Management2 shared
    PayPal Ventures2 shared
    SBI Investment1 shared
    Bank of America Merrill Lynch1 shared
    Intel Capital1 shared

    Last updated: 15 April 2026