United States · Investor

Elefund

Last cheque observed Sep 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

VC firmQuietLast fund $20M, May 2023

Pre-seedSeedSeries ASatellitesWellbeingApi

Cheques on record
0%of best year0cheques in 12 months, 6 on record
Since the last cheque766days00hrs00min00sec
Median round$15MRounds led0 of 6Mostly inUnited States, 83%
Pitch Elefund

Elefund highlights

  1. 01

    6 rounds on record

  2. 02

    Mostly Series A and Series B: 100% of its rounds

What they do

Elefund – Venture Capital Firm – Investing in Pre-seed, Seed, and Series AFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries BGrowth
Sectors
SatellitesWellbeingApi
Based in
Mountain View, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first6 appearances

  1. 2024

    1 round

  2. Sept
    HarmonicSeries A · US · AlleyWatch$75MWith 9 others
  3. 2019

    3 rounds

  4. Sept
    FidelSeries A · GB · FinSMEs$18MWith 8 others
  5. Jul
    SecfiSeries A · US · FinSMEs$6.0MWith 9 others
  6. Mar
    Pie InsuranceSeries B · US · FinSMEs$45MWith 5 others
  7. 2018

    2 rounds

  8. Aug
    Pie InsuraceSeries A · US · FinSMEs$11MWith 3 others
  9. Aug
    Radar RelaySeries A · US · Coindesk$10MWith 16 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration5 named

DMDavid MavashevManaging Member of Elefund GP I, LLCiForm ADV
HNHa NguyenChief Financial Officer of Elefund Management Company, LLCiForm ADV
NRNate RodlandManaging MemberiFiling they signed
NRNathan Richard RodlandManaging Member of Elefund GP II, LLCiForm ADV
SKSerik KaldykulovManaging Member of the General PartneriFiling they signed

We also hold 7 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$170Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Elefund Management Company, LLC
SEC number
CRD 289501

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Branded by Brand Fit

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Elefund. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Elefund put money into.

Quick answers about Elefund

What does Elefund invest in?

Elefund invests most often at Series A and Series B (100% of the rounds on record), in sectors such as Satellites, Wellbeing and Api.

How active is Elefund?

6 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2024.

What has Elefund invested in recently?

Its most recent investments on record: Harmonic (Series A, Sept 2024), Fidel (Series A, Sept 2019) and Secfi (Series A, Jul 2019).

How big are Elefund's cheques?

The median round it joins is $15M.

Does Elefund lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

Where does Elefund invest?

Most of the companies it backs are in the United States (83%) and the United Kingdom (17%).

Is Elefund investing now?

No investments in the last 12 months; the latest was in Sept 2024.

Who does Elefund invest alongside?

Most often Moxley Holdings (2 rounds together) and Sirius Group (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it