# Friále: portfolio, investments and team > Friále is a vc firm based in United States. 2 investments on record, latest Nov 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/friale (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Friále Filed with the SEC to raise a fund in Feb 2026. Last cheque observed Nov 2019. Quiet New fund, Feb 2026 VC firm Pre-seed Seed Series A Logistics Supply Chain Management Venture Capital & Private Equity Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **2547** days **00** hrs **00** min **00** sec Median round **$2.0M** Rounds led **0 of 2** Pitch Friále ## Friále highlights - 01 2 rounds on record - 02 Mostly Seed: 100% of its rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A - **Sectors:** Logistics Supply Chain Management Venture Capital & Private Equity - **Based in:** San Francisco, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2019** 1 round - **Nov** **[Elpha](https://millionrounds.com/company/elpha)** Seed · US · TechCrunch **$1.1M** With 10 others - **2018** 1 round - **Dec** **[Inscribe](https://millionrounds.com/company/inscribe)** Seed · US · FinSMEs **$3.0M** With 6 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 **2 named** BF **Bryan Frist** Managing Member of the General Partner i Filing they signed NA **Nicholas Alexander** Managing Member of the General Partner i Filing they signed We also hold **2** 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 **$27M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Friale Management Company LLC - **SEC number:** CRD 341866 New fund on file **Raised** a new fund in Feb 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$2.0M** the round, not its cheque Led 0 of 2 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Nov 2019 Rounds by stage said on their site - Seed said *2* - Pre-seed said *-* - Series A said *-* Cheques by year Led Joined 2018 2019 **Pitching Friále?** 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 *→* ## Recently backed The latest companies Friále put money into. [**Elpha** $1.1M · Nov 2019](https://millionrounds.com/company/elpha)[**Inscribe** $3.0M · Dec 2018](https://millionrounds.com/company/inscribe) ## Quick answers about Friále ### What does Friále invest in? Friále invests most often at Seed (100% of the rounds on record), in sectors such as Logistics, Supply Chain Management and Venture Capital & Private Equity. ### How active is Friále? 2 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2019. ### What has Friále invested in recently? Its most recent investments on record: Elpha (Seed, Nov 2019) and Inscribe (Seed, Dec 2018). ### How big are Friále's cheques? The median round it joins is $2.0M. ### Is Friále investing now? No investments in the last 12 months; the latest was in Nov 2019. ### What kind of investor is Friále? Friále is a VC firm based in San Francisco, United States. ### How much does Friále manage? About $27M, as gross assets of its private funds (Oct 2026). ### Has Friále raised a new fund? Its latest fund filing with the SEC was in Feb 2026. ## 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=friale) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=friale)