Fleek
Develops AI infrastructure for secondhand clothing industry
$25MSeries B
Role not disclosedFL
FJ Labs
Activity from announced rounds
Activity in this selectionSeries B
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
- $65M 2 disclosed · full round size, not this investor’s share