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The 23 Fund

The 23 Fund

Palo Alto, California23fund.com

Overview

The 23 Fund is a venture capital firm that backs extraordinary entrepreneurs from the Stanford Graduate School of Business Class of 2023. The firm invests in founders who are building transformative companies and is supported by a community dedicated to helping them. It primarily invests in the Seed round in sectors such as Retail, Enterprise Applications, and Consumer. The fund's mission is to create accessibility to venture capital while supporting founders.

Portfolio Companies

2

Website

23fund.com

Investments

The 23 Fund investments
CompanyDateStageLead
ElevvaMay 2022SeedLead
ApprentaOct 2023AngelCo-investor

Key People

Megan Ruan

Managing Partner

Michael Madding

Operating Partner

Archana Srivatsan

Operating Advisor & Investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is The 23 Fund based?

The 23 Fund is headquartered in Palo Alto, California, United States.

When was The 23 Fund founded?

Founding year information for The 23 Fund is not publicly available.

How many portfolio companies does The 23 Fund have?

The 23 Fund has 2 portfolio companies in Caplight's dataset.

What are some companies in The 23 Fund's portfolio?

Portfolio companies visible on Caplight include Elevva, Apprenta.

What was The 23 Fund's most recent investment shown here?

The 23 Fund's most recent investment in this portfolio sample was in Apprenta in 2023.

What sectors does The 23 Fund focus on?

The 23 Fund focuses on Enterprise Software, Consumer & Commerce, Enterprise Software.

What company stages does The 23 Fund focus on?

The 23 Fund typically invests at the Early stage.

Firmographic Details

HeadquartersPalo Alto, California
Year FoundedN/A

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