Later the effort grew into fbFund REV, a ten-week incubator that combined funding with mentorship and a demo day for its portfolio. More than 50 companies received backing, among them Zimride, the social carpooling service that became Lyft, plus Wildfire, TaskRabbit, Life360 and NutshellMail.
fbFund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Top Investment Stages
fbFund pooled $10 million from Accel Partners and The Founders Fund and was administered by Facebook, which used it to award non-recourse grants of $25,000 to $250,000 to early teams building on the Facebook Platform. Its investment committee included Mark Zuckerberg and Chamath Palihapitiya alongside Accel's Jim Breyer and Founders Fund's Peter Thiel.
Stage Mix
Concentration shown as share of disclosed investments by stage.
500 FinTech is the dedicated fintech fund launched by 500 Startups, now 500 Global, in 2016, investing in early-stage financial technology companies worldwide. The fund targeted pre-seed and seed rounds across lending, investment advisory, personal finance management, blockchain, money movement, and insurance, and ran a dedicated fintech track within the parent accelerator's San Francisco program under partner Sheel Mohnot. Investments made through the fund include Albert, YayPay, Bloom Credit, and Stitch.
An early stage fund, backing
Basecamp Fund is an early-stage venture capital firm that invests in audacious entrepreneurs across various sectors and geographies, primarily focusing on pre-seed and seed stages. The firm is known for its quick decision-making process and does not take board seats, allowing founders to maintain control over their companies.
Team Ignite Ventures Fund IV deploys capital at pre-seed and seed into B2B software, fintech, AI, and marketplace companies. Team Ignite Ventures manages the vehicle and co-invests alongside firms such as Y Combinator, Andreessen Horowitz, Sequoia, Greylock, 20VC, and Techstars.
Forefront Venture Partners is a post-revenue investment fund that focuses on high-growth, revenue-generating early-stage companies. They typically invest in seed and Series A rounds, with occasional participation in Series B and equity crowdfunding rounds. Their portfolio spans various sectors, including technology, healthcare, and consumer services, with investment amounts ranging from $224,000 to $32.5 million.
500 FinTech is the dedicated fintech fund launched by 500 Startups, now 500 Global, in 2016, investing in early-stage financial technology companies worldwide. The fund targeted pre-seed and seed rounds across lending, investment advisory, personal finance management, blockchain, money movement, and insurance, and ran a dedicated fintech track within the parent accelerator's San Francisco program under partner Sheel Mohnot. Investments made through the fund include Albert, YayPay, Bloom Credit, and Stitch.
An early stage fund, backing
Basecamp Fund is an early-stage venture capital firm that invests in audacious entrepreneurs across various sectors and geographies, primarily focusing on pre-seed and seed stages. The firm is known for its quick decision-making process and does not take board seats, allowing founders to maintain control over their companies.
Team Ignite Ventures Fund IV deploys capital at pre-seed and seed into B2B software, fintech, AI, and marketplace companies. Team Ignite Ventures manages the vehicle and co-invests alongside firms such as Y Combinator, Andreessen Horowitz, Sequoia, Greylock, 20VC, and Techstars.
Forefront Venture Partners is a post-revenue investment fund that focuses on high-growth, revenue-generating early-stage companies. They typically invest in seed and Series A rounds, with occasional participation in Series B and equity crowdfunding rounds. Their portfolio spans various sectors, including technology, healthcare, and consumer services, with investment amounts ranging from $224,000 to $32.5 million.