FJ Labs

Activity from announced rounds

Activity in this selectionUnited States · Jun 30, 2026 · Jun 1, 2026

FJ Labs specialises in early-stage marketplaces and network-effect businesses, co-investing globally with a particular focus on the US.

It looks for capital-efficient businesses with sound unit economics and the potential to lead their markets. Its stated process typically reaches an investment decision after two hour-long calls over two weeks.

FJ Labs takes an angel-style role: it does not lead rounds or take board seats. It joins institutional venture investors and helps portfolio founders prepare subsequent financings through introductions to other funds and its marketplace network.

Sources
Rounds participated in
2
Confirmed lead rounds
—
2 roles undisclosed
New companies
2
First participation on record · 0 follow-on
Funding in participating rounds
$72M
2 disclosed · full round size, not this investor’s share

By stage

Series A1
Series B1

By primary sector

Fintech2

By country

United States2

Rounds

2 in this selection
Trace Finance

Provides regulated financial infrastructure for cross-border payments and stablecoin settlement

$32MSeries A
Role not disclosed
Forage

Financial infrastructure platform enabling SNAP, WIC, and HSA/FSA payments for retailers and a consumer EBT balance app

$40MSeries B
Role not disclosed