In a tech landscape buzzing with fresh ideas and innovative startups, one new venture firm is stepping onto the scene with a clear mission: to back great companies without the usual strings attached.
San Francisco-based Verified Capital just wrapped up its first fund — and it’s a big one, landing a solid $175 million in commitments.
Backed by Big Names Across the Startup Ecosystem
Verified Capital isn’t launching quietly either.
It has caught the attention (and support) of some pretty high-profile names.
Among its backers are Instacart cofounder and former CEO Apoorva Mehta, Coinbase CEO Brian Armstrong, and Winston Weinberg, CEO of Harvey AI.
The fund also drew support from influential investors like Elad Gil and top-tier institutions such as Adams Street Partners, Commonfund, and the Northwestern University endowment.
A Veteran Investor Leading the Charge
At the helm of Verified Capital is Kris Fredrickson, who brings experience from his time as a partner at Coatue Management.
With his track record in venture investing, Fredrickson is positioning the firm to take a hands-on, selective approach.
Verified plans to make only 8 to 10 core investments per fund, giving each portfolio company significant attention and support.
Flexibility Over Formalities
What sets Verified apart? It’s not tied down by the typical rules.
The firm is stage-agnostic and sector-agnostic, meaning it can back startups at any phase, in any industry.
It also isn’t hung up on traditional benchmarks like board seats or minimum ownership thresholds.
Instead, Verified is focused on being the right partner for founders who are building companies with long-term potential.
Looking Ahead
So, what comes next?
With funding secured and a focused strategy in place, Verified Capital is now on the hunt for bold founders and resilient ideas.
The firm’s next steps will involve identifying a handful of standout startups — the kind they believe can go the distance — and working closely with them to shape lasting businesses.