# Friends & Family Capital: portfolio, investments and team

> Friends & Family Capital is a vc firm based in United States. 7 investments on record, 4 in the last 12 months, latest Jun 2026.

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

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

# Friends & Family Capital

Last cheque observed Jun 2026; 7 cheques on record.

Email

VC firm Deploying now New fund $125M, Jun 2025

Series A Series B Growth Immigrant (1st Or 2nd Generation) Immigrant Women-led

Follow Friends & Family Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ffriends-and-family-capital)

Deploying now

**100%** of best year **4** **cheques in 12 months**, 7 on record

Since the last cheque **141** days **00** hrs **00** min **00** sec

Median round **$100M** Rounds led **0 of 7** Mostly in **United States, 100%**

Pitch Friends & Family Capital

## Friends & Family Capital highlights

- 01 4 cheques in the last 12 months
- 02 Mostly Series B and Growth: 50% of its rounds

## What they do

> Friends & Family Capital is a venture capital firm based in Silicon Valley From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Series A Series B Growth Pre-IPO
- **Sectors:** Immigrant (1st Or 2nd Generation) Immigrant Women-led
- **Based in:** Menlo Park, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2026** 3 rounds
- **Jun** **[Twenty](https://millionrounds.com/company/twenty)** Series B · US · Ventureburn **$100M** With 3 others
- **May** **[Astranis](https://millionrounds.com/company/astranis)** Series E · US · Ventureburn **$300M** With 11 others
- **Apr** **[Zamp](https://millionrounds.com/company/zamp)** US · AlleyWatch **$30M** With 4 others
- **2025** 3 rounds
- **Dec** **[Radiant Nuclear](https://millionrounds.com/company/radiant-nuclear)** Growth · US · TechCrunch **$300M** With 5 others
- **Mar** **[Ditto](https://millionrounds.com/company/ditto)** Series B · US · TechCrunch **$82M** With 8 others
- **Mar** **[Peregrine Technologies](https://millionrounds.com/company/peregrine-technologies)** Series C · US · Crunchbase News **$190M** With 7 others
- **2024** 1 round
- **Oct** **[Numeric](https://millionrounds.com/company/numeric)** Series A · US · TechCrunch **$28M** With 7 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**

CA **Colin Anderson** Managing Member i Form ADV

JF **John Fogelsong** Managing Member and CCO i Form ADV

We also hold **12** 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

**$794M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** FRIENDS &amp; FAMILY CAPITAL MANAGEMENT, LLC
- **SEC number:** CRD 310407

Funds on its Form ADV

**11** private funds, **$335M** in gross assets · filed Jul 2024

Special purpose vehicle **9** Venture **2**

- Friends & Family Capital II, L.P. *Venture* 128 investors $133M
- Friends & Family Capital III, L.P. *Venture* 149 investors $117M
- XYZ F&FC I, LLC *Special purpose vehicle* 25 investors $33M
- Truckee River Capital, LLC *Special purpose vehicle* 22 investors $12M
- Blackfoot River Capital, LLC *Special purpose vehicle* 35 investors $11M
- IDLE River Capital, LLC *Special purpose vehicle* 38 investors $9.5M
- XYZ F&FC II, LLC *Special purpose vehicle* 24 investors $9.4M
- Columbia River Capital, LLC *Special purpose vehicle* 5 investors $5.0M
- Sacramento River Capital, LLC *Special purpose vehicle* 17 investors $3.1M
- Brazos River Capital, LLC *Special purpose vehicle* 9 investors $1.0M

And 1 more on the filing.

## What they claim to have backed

From their own portfolio page (on their website)

**17** of 18 we have independently watched raise

[Airtable](https://millionrounds.com/company/airtable)[Altana](https://millionrounds.com/company/altana)[Anduril](https://millionrounds.com/company/anduril-industries)[Astranis](https://millionrounds.com/company/astranis)[Figure](https://millionrounds.com/company/figure)[Geckorobotics](https://millionrounds.com/company/gecko-robotics)[Gusto](https://millionrounds.com/company/gusto)[Mosaic](https://millionrounds.com/company/mosaic)[Northslope](https://millionrounds.com/company/northslope)[Oxide](https://millionrounds.com/company/oxide-computer-company)[Palantir](https://millionrounds.com/company/palantir)[Peregrine](https://millionrounds.com/company/peregrine-technologies)[Radiantnuclear](https://millionrounds.com/company/radiant-nuclear)[Robinhood](https://millionrounds.com/company/robinhood)[Twenty](https://millionrounds.com/company/twenty)[Valinor](https://millionrounds.com/company/valinor)[Verkada](https://millionrounds.com/company/verkada) Cyera

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

**$125M**

raised in Jun 2025

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

## The cheque

Series A Series B Growth

Median round joined **$100M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Series B said *2*
- Growth said *1*
- Series A said *1*
- Series C *1*
- Series E *1*
- Pre-IPO said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Acrew Capital](https://millionrounds.com/fund/acrew-capital) 2
- [Fifth Down](https://millionrounds.com/fund/fifth-down) 2
- [Founders Fund](https://millionrounds.com/fund/founders-fund) 2
- [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) 2

**Pitching Friends & Family Capital?** 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 Friends & Family Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Acrew Capital** VC firm **2** rounds together](https://millionrounds.com/fund/acrew-capital)[**Fifth Down** VC firm **2** rounds together](https://millionrounds.com/fund/fifth-down)[**Founders Fund** VC firm **2** rounds together](https://millionrounds.com/fund/founders-fund)[**Menlo Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/menlo-ventures)

## Recently backed

The latest companies Friends & Family Capital put money into.

[**Astranis** $300M · May 2026](https://millionrounds.com/company/astranis)[**Ditto** $82M · Mar 2025](https://millionrounds.com/company/ditto)[**Peregrine Technologies** $190M · Mar 2025](https://millionrounds.com/company/peregrine-technologies)[**Numeric** $28M · Oct 2024](https://millionrounds.com/company/numeric)

## Quick answers about Friends & Family Capital

### What does Friends & Family Capital invest in?

Friends & Family Capital invests most often at Series B and Growth (50% of the rounds on record), in sectors such as Immigrant (1st Or 2nd Generation), Immigrant and Women-led.

### How active is Friends & Family Capital?

7 investments on record, 4 of them in the last 12 months. The most recent was in Jun 2026.

### What has Friends & Family Capital invested in recently?

Its most recent investments on record: Twenty (Series B, Jun 2026), Astranis (Series E, May 2026) and Zamp (Apr 2026).

### How big are Friends & Family Capital's cheques?

The median round it joins is $100M.

### Does Friends & Family Capital lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does Friends & Family Capital invest?

Most of the companies it backs are in the United States (100%).

### Is Friends & Family Capital investing now?

Yes: it is actively investing, with 4 investments in the last 12 months.

### Who does Friends & Family Capital invest alongside?

Most often Acrew Capital (2 rounds together), Fifth Down (2 rounds together) and Founders Fund (2 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=friends-and-family-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=friends-and-family-capital)
