# FJ Labs: portfolio, investments and team

> FJ Labs is a vc firm based in United States. 849 investments on record, 112 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/fj-labs (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# FJ Labs

Last cheque observed Oct 2026; 849 cheques on record.

Email

Deploying now New fund $544K, Jul 2026 VC firm

Seed Series A Series B Marketplaces Network Effect E-commerce

Follow FJ Labs and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ffj-labs)

Deploying now

**60%** of best year **112** **cheques in 12 months**, 849 on record

Since the last cheque **4** days **00** hrs **00** min **00** sec

Median round **$11M** Cheque size, as they say **$250K – $2.0M** Rounds led **2 of 849** Sole investor **53 rounds** Mostly in **United States, 51%**

Pitch FJ Labs

## FJ Labs highlights

- 01 112 cheques in the last 12 months
- 02 Mostly Venture and Seed: 62% of its rounds
- 03 Sole investor in 53 rounds, median $6.2M

## What they do

> We focus on marketplaces and network effect businesses having invested in Alibaba, Coupang, Flexport, Delivery Hero, Shipbob, Properly, Wallapop, Rappi, and many more. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $2.0M as they say
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Marketplaces Network Effect E-commerce
- **Based in:** New York City, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **849 appearances**

- **2026** 83 rounds
- **Oct** **[ClarityCare](https://millionrounds.com/company/claritycare)** Series A · US · MedCity News **$17M** With 6 others
- **Oct** **[Sharp Performance](https://millionrounds.com/company/sharp-performance)** Series A · US · The SaaS News **$18M** With 5 others
- **Oct** **[Goodweek](https://millionrounds.com/company/goodweek)** FR · The SaaS News **$12M** With 8 others
- **Oct** **[Chariot Claims](https://millionrounds.com/company/chariot-claims)** Series A · US · Crunchbase News **$10M** With 9 others
- **Oct** **[Causa Prima](https://millionrounds.com/company/causa-prima)** Seed · Fintech Global **$20M** With 5 others
- **Sept** **[Emilia AI](https://millionrounds.com/company/emilia-ai)** Pre-seed · CO · LatamList **$1.5M** With 1 other
- **Sept** **[Chariot Claims](https://millionrounds.com/company/chariot-claims)** US · AlleyWatch **$9.5M** With 3 others
- **Sept** **[Gravitics](https://millionrounds.com/company/gravitics)** Venture · US **$29M** With 3 others
- **Sept** **[Kickoff](https://millionrounds.com/company/kickoff)** Debt · US **$7.0M** With 2 others
- **Sept** **[Mainstay](https://millionrounds.com/company/mainstay)** Venture · US **$18M** With 3 others
- **Sept** **[SmartBarrel](https://millionrounds.com/company/smartbarrel)** Venture · US **$4.0M** With 2 others
- **Aug** **[WashWise](https://millionrounds.com/company/washwise)** Pre-seed · US · TechStartups **$1.2M** With 10 others
- **Aug** **[Jusfy](https://millionrounds.com/company/jusfy)** Series A · BR · LatamList **$15M** With 6 others
- **Aug** **[Model ML](https://millionrounds.com/company/model-ml)** Venture · US **$75M** With 4 others
- **Aug** **[Blend](https://millionrounds.com/company/blend)** Series A · US **$12M** Sole investor
- **Aug** **[Triver](https://millionrounds.com/company/triver)** Series B · GB **$11M** With 4 others
- **Jul** **[Fleek](https://millionrounds.com/company/fleek)** Series B · GB · Ventureburn **$25M** With 7 others
- **Jul** **[Taiv](https://millionrounds.com/company/taiv)** Debt · CA **$3.5M** With 4 others
- **Jul** **[Bidbus](https://millionrounds.com/company/bidbus)** Series A · US · Firms' own news pages **$15M** With 6 others
- **Jul** **[TireTutor](https://millionrounds.com/company/tiretutor)** Venture · US **$3.3M** With 4 others
- **Jul** **[dsb Deutsche Sanierungsberatung](https://millionrounds.com/company/dsb-deutsche-sanierungsberatung)** Series A · DE **$11M** With 2 others
- **Jul** **[inKind](https://millionrounds.com/company/inkind)** Debt · US **$320M** With 1 other
- **Jul** **[Cambrian Biopharma](https://millionrounds.com/company/cambrian-biopharma)** Venture · US **$124M** With 4 others
- **Jul** **[Caju](https://millionrounds.com/company/caju)** Venture · BR **$10M** With 4 others
- **Jun** **[Trace Finance](https://millionrounds.com/company/trace-finance)** Series A · BR · LatamList **$32M** With 11 others
- **Jun** **[Airspeed](https://millionrounds.com/company/airspeed)** Series A · GB · Ventureburn **$20M** With 5 others
- **Jun** **[Innovorder](https://millionrounds.com/company/innovorder)** Venture · FR **$23M** With 3 others
- **Jun** **[Karta](https://millionrounds.com/company/karta)** Debt · US **$125M** With 5 others
- **Jun** **[Float Financial](https://millionrounds.com/company/float-financial)** Series C · CA **$60M** With 4 others
- **May** **[Fonoa](https://millionrounds.com/company/fonoa)** Series C · IE · Ventureburn **$110M** With 8 others
- **May** **[Fresha](https://millionrounds.com/company/fresha)** Growth · GB · TechCrunch **$80M** With 5 others
- **May** **[Enter](https://millionrounds.com/company/enter)** Growth · BR · LatamList **$100M** With 4 others
- **May** **[CareerOS](https://millionrounds.com/company/careeros)** Venture · ES **Undisclosed** Sole investor
- **May** **[Gaia](https://millionrounds.com/company/gaia)** Debt · US **$100M** With 3 others
- **May** **[SuperDial](https://millionrounds.com/company/superdial)** Venture · US **Undisclosed** With 4 others
- **May** **[Scratch](https://millionrounds.com/company/scratch)** Venture · US **Undisclosed** With 4 others
- **Apr** **[Scout AI](https://millionrounds.com/company/scout-ai)** Series A · US · Monte Carlo Capital **$100M** With 14 others
- **Apr** **[Snabbit](https://millionrounds.com/company/snabbit)** Growth · IN · TechCrunch **$56M** With 6 others
- **Apr** **[Salmon](https://millionrounds.com/company/salmon)** Growth · PH · TechCrunch **$100M** With 3 others
- **Apr** **[Habi](https://millionrounds.com/company/habi)** Debt · CO · LatamList **$40M** With 5 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 registration **9 named**

AL **Ariel Lebowits** Chief Compliance Officer and Chief Financial Officer i Form ADV

CM **Coleman Miller** Officer of the manager i Filing they signed

ER **Erin Rosenthal** Officer of the General Partner's Manager i Filing they signed

FG **Fabrice Grinda** Executive Officer i Filing they signed

JN **Jeremy Neilson** Managing Director of the General Partner's Manager i Filing they signed

JM **Jose Marin** Limited Partner and Founding Partner i Form ADV

MT **Matthew Thomas Stone** Chief Operating Officer i Form ADV

QR **Quinn Rotchford** President of the manager i Filing they signed

RT **Richard Thoms** Officer of the Issuer's Administrative Manager i Filing they signed

We also hold **37** 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

**$823M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** FJ LABS Management LP
- **SEC number:** CRD 312920

Who backs their funds

## 2 LPs on record in FJ Labs's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list.

- [**Otium Capital** 1 fund](https://millionrounds.com/fund/otium-capital) Fund Vintage Committed FJ Labs - -
- [**Axel Springer Digital Ventures** 1 fund](https://millionrounds.com/fund/axel-springer-digital-ventures) Fund Vintage Committed FJ Labs - -

## What they claim to have backed

From their own portfolio page (on their website)

**60** of 60 we have independently watched raise

[180 Seguros](https://millionrounds.com/company/180-seguros)[1buy](https://millionrounds.com/company/1buy-ai)[1v1Me](https://millionrounds.com/company/1v1me)[A.Team](https://millionrounds.com/company/a-team)[AI Clearing](https://millionrounds.com/company/ai-clearing)[APFusion](https://millionrounds.com/company/apfusion)[ATAI](https://millionrounds.com/company/atai-life-sciences)[AVEDIAN](https://millionrounds.com/company/avedian)[AYR](https://millionrounds.com/company/ayr)[Abacum](https://millionrounds.com/company/abacum)[Accredible](https://millionrounds.com/company/accredible)[Ace Waves](https://millionrounds.com/company/ace-waves)[AdoreMe](https://millionrounds.com/company/adore-me)[Advisable](https://millionrounds.com/company/advisable)[Aeovian Pharmaceuticals](https://millionrounds.com/company/aeovian-pharmaceuticals)[Aescape](https://millionrounds.com/company/aescape)[Affirm (acq. Returnly)](https://millionrounds.com/company/affirm)[Afterparty](https://millionrounds.com/company/afterparty)[Agvend](https://millionrounds.com/company/agvend)[Airbnb](https://millionrounds.com/company/airbnb)[Aircall](https://millionrounds.com/company/aircall)[Aisle 3](https://millionrounds.com/company/aisle-3)[Akinova](https://millionrounds.com/company/akinova)[AllInfra](https://millionrounds.com/company/allinfra)[Allocate](https://millionrounds.com/company/allocate)[Allset](https://millionrounds.com/company/allset)[Alpagga](https://millionrounds.com/company/alpagga)[AlphaLit](https://millionrounds.com/company/alphalit)[Alvys](https://millionrounds.com/company/alvys)[Ambient](https://millionrounds.com/company/twine)[Andrena](https://millionrounds.com/company/andrena)[Anduril](https://millionrounds.com/company/anduril-industries)[AngelList](https://millionrounds.com/company/angellist)[Angell](https://millionrounds.com/company/angell)[Aper](https://millionrounds.com/company/aper)[Aplanet](https://millionrounds.com/company/aplanet)[AptDeco](https://millionrounds.com/company/aptdeco)[Aptuno](https://millionrounds.com/company/aptuno)[Arc & CodeMentor](https://millionrounds.com/company/codementor)[Archer Aviation](https://millionrounds.com/company/archer-aviation)[Arinna](https://millionrounds.com/company/arinna)[Artie](https://millionrounds.com/company/artie)[Assembly OSM](https://millionrounds.com/company/assembly-osm)[Assis](https://millionrounds.com/company/assis)[AtVenu](https://millionrounds.com/company/atvenu)[Autofi](https://millionrounds.com/company/autofi)[Autonomy](https://millionrounds.com/company/autonomy)[Ava](https://millionrounds.com/company/ava)[Baraka](https://millionrounds.com/company/baraka)[Base Power](https://millionrounds.com/company/base-power)[Baxus](https://millionrounds.com/company/baxus)[Beanstock](https://millionrounds.com/company/beanstock)[Beckley Waves](https://millionrounds.com/company/beckley-waves)[Beckleypsytech](https://millionrounds.com/company/beckley-psytech)[Beepi](https://millionrounds.com/company/vroom)[Belvo](https://millionrounds.com/company/belvo)[Bennie](https://millionrounds.com/company/bennie)[Betr](https://millionrounds.com/company/betr)[BirdWatch](https://millionrounds.com/company/birdwatch)[Bizly](https://millionrounds.com/company/bizly) and 97 more

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.

New fund on file

**$544K**

raised in Jul 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$11M** the round, not its cheque Alone, median **$6.2M**

Led 2 of 849 rounds **0%**

- **Said size:** $250K – $2.0M
- **Sole investor:** 53 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Venture *281*
- Seed said *168*
- Series A said *149*
- Series B said *88*
- Debt *38*
- Growth said *-*
- Pre-IPO said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 75
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 49
- [Gaingels](https://millionrounds.com/fund/gaingels) 35
- [500 Global](https://millionrounds.com/fund/500-startups) 21
- [Bossa Invest](https://millionrounds.com/fund/bossa-invest) 21
- [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) 21

**Pitching FJ Labs?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

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

[**Y Combinator** Accelerator **75** rounds together](https://millionrounds.com/fund/y-combinator)[**Alumni Ventures** VC firm **49** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Gaingels** Private equity **35** rounds together](https://millionrounds.com/fund/gaingels)[**500 Global** Angel **21** rounds together](https://millionrounds.com/fund/500-startups)[**Bossa Invest** VC firm **21** rounds together](https://millionrounds.com/fund/bossa-invest)[**Liquid 2 Ventures** VC firm **21** rounds together](https://millionrounds.com/fund/liquid-2-ventures)[**Canary** VC firm **20** rounds together](https://millionrounds.com/fund/canary)[**Slow Ventures** VC firm **20** rounds together](https://millionrounds.com/fund/slow-ventures)[**Endeavor Catalyst** Corporate VC **19** rounds together](https://millionrounds.com/fund/endeavor-catalyst)[**8VC** VC firm **18** rounds together](https://millionrounds.com/fund/8vc)[**Acurio Ventures** VC firm **18** rounds together](https://millionrounds.com/fund/acurio-ventures)[**Andreessen Horowitz** VC firm **18** rounds together](https://millionrounds.com/fund/andreessen-horowitz)

## Recently backed

The latest companies FJ Labs put money into.

[**Sharp Performance** $18M · Oct 2026](https://millionrounds.com/company/sharp-performance)[**Chariot Claims** $10M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Causa Prima** $20M · Oct 2026](https://millionrounds.com/company/causa-prima)[**Gravitics** $29M · Sept 2026](https://millionrounds.com/company/gravitics)[**Kickoff** $7.0M · Sept 2026](https://millionrounds.com/company/kickoff)[**Mainstay** $18M · Sept 2026](https://millionrounds.com/company/mainstay)

## On podcasts

3 episodes naming FJ Labs in the title, and 4 more that mention it.

- [VC10X](https://millionrounds.com/podcasts/vc10x) 18 Nov 2025 · 50 min VC10X - Building OLX, 350+ Exits, Top Marketplace Investor - Fabrice Grinda, Founding Partner, FJ Labs Mentions [FJ Labs](https://millionrounds.com/fund/fj-labs)[Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 24 Jan 2022 · 1h 5m Fabrice Grinda – Canvassing Seed Stage Marketplaces at FJ Labs, Venture is Eating the Investment World 4 (Capital Allocators, EP.232) Mentions [FJ Labs](https://millionrounds.com/fund/fj-labs)[Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) Apple PodcastsShow page
- [Origins: Inside Venture Capital](https://millionrounds.com/podcasts/origins-openlp) 1 Oct 2019 · 60 min Fabrice Grinda, FJ Labs Mentions [FJ Labs](https://millionrounds.com/fund/fj-labs)[Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) Apple PodcastsShow page

### Mentioned in

- [This Much I Know](https://millionrounds.com/podcasts/this-much-i-know) 8 Mar 2026 · 35 min Pair's James Kuht MBE on helping enterprise love AI Apple PodcastsShow page
- [The Peel](https://millionrounds.com/podcasts/the-peel) 20 Jul 2023 · 1h 14m 🍕 The $1.3 Billion Pizza Business: How Ilir Sela (Founder & CEO, Slice) is Arming the Pizza Rebels Apple PodcastsShow page
- [StrictlyVC Download](https://millionrounds.com/podcasts/strictlyvc-download) 17 Dec 2022 · 40 min VC Bradley Tusk Thinks Twitter Will Cost Elon Musk Much More Than He Paid for It Apple Podcasts
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 9 May 2022 · 57 min 20VC: WTF Is Going On? 3 Outcomes for What Could Happen From Here; What Needs to Happen To Avoid Recession? Why Stagnation is Most Likely and What This Means for Startups and Venture & Why Catastrophe is More Likely Than Ever and Switzerland Could Be a "H Apple PodcastsShow page

## Quick answers about FJ Labs

### What does FJ Labs invest in?

FJ Labs invests most often at Venture and Seed (62% of the rounds on record), in sectors such as Marketplaces, Network Effect and E-commerce.

### How active is FJ Labs?

849 investments on record, 112 of them in the last 12 months, and it led 2. The most recent was in Oct 2026.

### What has FJ Labs invested in recently?

Its most recent investments on record: ClarityCare (Series A, Oct 2026), Sharp Performance (Series A, Oct 2026) and Goodweek (Oct 2026).

### How big are FJ Labs's cheques?

The median round it joins is $11M. It says it writes cheques of $250K to $2.0M.

### Does FJ Labs lead rounds?

Sometimes: it led 2 of its 849 investments on record (0%).

### Where does FJ Labs invest?

Most of the companies it backs are in the United States (51%), Brazil (10%) and the United Kingdom (10%).

### Is FJ Labs investing now?

Yes: it is actively investing, with 112 investments in the last 12 months.

### Who does FJ Labs invest alongside?

Most often Y Combinator (75 rounds together), Alumni Ventures (49 rounds together) and Gaingels (35 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=fj-labs) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=fj-labs)