When was Fika Ventures founded?

Fika Ventures was founded in 2016.

Where is Fika Ventures' headquarters located?

Fika Ventures' headquarters is located in Los Angeles ( United States ).

How big is Fika Ventures' investment team?

Fika Ventures has a team of 23, including 5 partners.

How many companies has Fika Ventures invested in?

Fika Ventures has invested in 73 companies, including Openpath & BuildOps.

Which companies has Fika Ventures invested in lately?

Siro & Deferred are the latest investments by Fika Ventures.

What sectors does Fika Ventures focus on for investments?

Top sectors in Fika Ventures' portfolio are Enterprise Applications (47 investments) and High Tech (28 investments).

What stages of companies does Fika Ventures typically invest in?

Fika Ventures primarily invests in Seed and Series A stages.

How many exits has Fika Ventures been involved in?

Fika Ventures' portfolio has seen 8 acquisitions.

How many unicorns are there in Fika Ventures' portfolio?

There are 2 unicorns in Fika Ventures' portfolio.

Fika Ventures - 2025 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

1. Openpath

Openpath provides a mobile-enabled cloud-based access control system with commercial-grade keyless entry and remote management solutions. RFID Card Reader and Bluetooth Ready readers for complete door access control that supports mobile phone credentials, badge and key card credentials, fobs and access PIN codes. It provides solutions such as real-time reporting, zone sharing, scheduled locking, and remote access. The application is available in Google Play Store and Apple App Store. Invia Robotics, First Media, Team Liquid, Wonder are part of its clientele.

Key facts about Openpath

Founded Year: 2016
Location: Culver City (United States)
Stage: Acquired
Total Funding till date: $63M
Employee Count: 83 as on Dec 31, 2022
Investors: Bryant Stibel, Emergence Capital and 10 Others
Latest Funding Round: Series C, Jul 16, 2020, $36M
Highlight: Acquired

2. BuildOps

Software solution for facility management and commercial contractors. The software encompasses various modules including scheduling dispatching, payroll invoicing, CRM, accounting, asset tracking, and service agreements. Caters to the needs of businesses in the HVAC, plumbing, facility management, property management, and commercial equipment industry.

Key facts about BuildOps

Founded Year: 2018
Location: Santa Monica (United States)
Valuation: $1B as on Mar 21, 2025
Stage: Series C
Total Funding till date: $226M
Investors: Meritech, Telstra Ventures and 26 Others
Latest Funding Round: Series C, Mar 21, 2025, $127M
Highlight: Editors' Pick

3. Pipe

Online revenue-based financing marketplace for SaaS businesses. It offers a solution that connects businesses with investors for revenue-based financing. Businesses can integrate the accounting and ERP systems to the platform using APIs. The loan amount is based on the business data obtained from the system. It features integrations with existing payment tools and automated monthly statements.

Key facts about Pipe

Founded Year: 2019
Location: Los Angeles (United States)
Annual Revenue: €464K as on Dec 31, 2022
Valuation: $2B as on Mar 31, 2021
Stage: Series C
Total Funding till date: $316M
Employee Count: 70 as on Dec 31, 2022
Investors: Founders Circle Capital, Greenspring Associates and 87 Others
Latest Funding Round: Conventional Debt, Jun 12, 2024, $100M
Highlight: Editors' Pick

4. Formative

Online platform offering real-time instruction tools for educators. It allows teachers to create, edit, preview, and assign assessments, providing actionable data to enhance teaching and learning. It supports collaboration among educators, allowing them to share assessments, make real-time edits, and sync rosters.

Key facts about Formative

Founded Year: 2000
Location: Santa Monica (United States)
Stage: Acquired
Total Funding till date: $70M
Investors: Summit Partners, Emerson Collective and 3 Others
Latest Funding Round: Series A, Jun 15, 2021, $70M
Highlight: Acquired

5. Siro

Provider of AI powered sales coaching and conversation analysis. It records and analyzes in person sales conversations to provide insights for enhaced coaching strategies. The platform offers visibility into sales interactions, enabling scalable coaching through feedback and peer learning. It also identifies opportunities for cross selling and upselling, creating custom follow up messaging.

Key facts about Siro

Founded Year: 2020
Location: Harrington Park (United States)
Stage: Series B
Total Funding till date: $75M
Employee Count: 17 as on Dec 31, 2023
Investors: Index Ventures, CRV and 10 Others
Latest Funding Round: Series B, May 21, 2025, $50M

Want to see the entire list?

Fika Ventures has invested in 73 companies over the last 8 years, with an average of 7 new investments annually in the last 5 years. In 2024, it made 9 investments, while as of May 2025, it has made 6 investments in this year. Its most recent first time investment was in Deferred and most recent follow-on round was in Siro.

Here are Fika Ventures' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	2	4	6
2024	7	2	9
2023	3	5	8
2022	8	6	14
2021	13	5	18
2020	4	4	8
2019	5	2	7
2018	5	2	7
2017	5	0	5

View all investments by Fika Ventures

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Fika Ventures has made 36 investments in Seed stage with an average round size of $5.76M, 13 investments in Series A stage with an average round size of $15.9M, 2 investments in Series B stage with an average round size of $50M and 1 investment in Series C stage with an average round size of $30M.

Here are Fika Ventures' investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Seed	36
Series A	13
Series B	2
Series C	1

View all investments by Fika Ventures

Fika Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Enterprise Infrastructure and Artificial Intelligence - Industry Applications. Notably, it has invested in 70 Tech companies, 61 Enterprise (B2B) companies, 48 Software companies and at least 27 companies focusing on Saas.

Here are Fika Ventures' investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Enterprise Applications	33
High Tech	19
FinTech	18
Enterprise Infrastructure	9
Artificial Intelligence - Industry Applications	8
Others	47

View all investments by Fika Ventures

Fika Ventures has made most investments in United States (50), followed by Canada where it has made 1 investment.

Here are Fika Ventures' investments by geography:

Note: We have considered here, only first round of investments

Country	No. of Investments
United States	50
Canada	1
South Korea	1

View all investments by Fika Ventures

Fika Ventures has made 6 investments in 2025 so far. Siro and Deferred are the latest among them.

Here are the most recent investments by Fika Ventures:

Date	Company	Location	Round Details	Round Amount	Co-Investors
May 21, 2025	Siro	United States	Series B	$50M	SignalFire [+8]
Apr 25, 2025	Deferred	United States	Seed	$3.6M	B Capital
Mar 21, 2025	BuildOps	United States	Series C	$127M	Meritech [+11]
Mar 06, 2025	Outmarket	United States	Seed	$4.7M	Dash Fund [+1]
Feb 05, 2025	Ivo	United States	Series A	$16M	Costanoa [+5]

Get the detailed list of all investments by Fika Ventures. Download now!

See more recent investments made by Fika Ventures

Fika Ventures has 2 unicorns in its portfolio - BuildOps and Pipe. The most recent unicorn in their portfolio is BuildOps. It became a unicorn in 2025, 5 years after Fika Ventures first invested in it.

Here is a list of unicorns in Fika Ventures' portfolio:

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
64	BuildOps	Software solution for facility management and commercial contractors	2018	Enterprise Applications [+2]	Santa Monica	Series C	zlxhern
64	Pipe	Online revenue-based financing marketplace for SaaS businesses	2019	FinTech [+3]	Los Angeles	Series C	c{by{d{

View more details about unicorns in Fika Ventures' portfolio

8 companies from Fika Ventures' portfolio have been acquired. The most recent acquisition were Edge Impulse in Mar 2025 by Qualcomm.

Here are Fika Ventures' portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Edge Impulse	Mar 10, 2025	May 18, 2021	Series A	$15M
Formative	Jun 28, 2023	Jun 15, 2021	Series A	$70M
Berbix	Jun 27, 2023	Jul 17, 2019	Seed	$2.5M
Policygenius	Apr 25, 2023	May 24, 2017	Series C	$30M
Propelo	Jan 24, 2023	-	-	-

View all acquired companies in Fika Ventures' portfolio

Fika Ventures has a team of 23 members including 5 Partners, 2 Venture Partners and 1 Principal located in United States. Fika Ventures' team does not sit on the board of any company as of now.

Here is a list of top team members in Fika Ventures:

Name	Designation	Location	Board Memberships	Contact details
John Chen	Partner	Los Angeles	-	1 Email
Eva Ho	Partner	Los Angeles	-	1 Email
Tx Zhuo	Partner	Los Angeles	-	1 Email
Matt Hersh	Partner	Los Angeles	-	1 Email
Rajavi Patel	Partner	Matawan	-	-
Tracy Meng	Venture Partner	San Francisco	-	1 Email
Aaron Szekel	Venture Partner	New York City	-	1 Email
Gabriella Brignardello	Principal	Los Angeles	-	1 Email
Nick Galbreath	Advisor	Las Vegas	-	-
Maneesh Goyal	Advisor	Irvine	-	-
Shiva Rajaraman	Advisor	United States	-	-

Get the full list of Fika Ventures' team & partners for free. Download now!

View team details of Fika Ventures

Over the past 8 years, 356 investors have co-invested in Fika Ventures's portfolio companies.

Invested before Fika Ventures: Y Combinator, Bryant Stibel and 30 others have invested in rounds before Fika Ventures. There are 3 companies where Y Combinator has invested before Fika Ventures and 1 company where Bryant Stibel has invested before Fika Ventures.
Top Co-investors of Fika Ventures: 189 investors entered a company along with Fika Ventures. These include investors like Liquid 2 Ventures (6 companies).
Invested after Fika Ventures: A total of 135 investors have invested in Fika Ventures's portfolio after their investments. Top Investors include StepStone Group (3 companies), SVB (3 companies) and 01 Advisors (2 companies).