About Fathom Capital
Fathom Capital is a venture capital firm founded in 2017. It is primarily based out of San Francisco, United States. As of Mar 2023, Fathom Capital has invested in 20 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of Clerk Overall, Fathom Capital portfolio has seen 2 unicorns and 7 acquisitions including key companies like Gatsby, Panther and Accelo. A lot of funds co-invest with Fathom Capital, with names like S28 Capital sharing a substantial percentage of its portfolio. Fathom Capital has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Unicorns
Portfolio Soonicorns
Fathom Capital's List of Top Investments
Fathom Capital has a portfolio of 20 companies, including 2 unicorns. Their most notable investments are in Alpaca Securities and Elementary.Their portfolio spans across United States and Norway. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 5 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Fathom Capital:
1. Gatsby
Platform offering frameworks for website and application development. The platform offers open source front end frameworks that enable businesses to develop customized websites and cloud applications. Its features include image optimization, SSO, security, etc. It also allows developers to integrate tools into websites that include analytics, CMS, etc. It offers a dashboard to track the client projects and the latest build status.
Key facts about Gatsby
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $95.2M
- Employee Count: 47 as on Dec 31, 2021
- Investors: Index Ventures, CRV and 11 Others
- Latest Funding Round: Series B, May 27, 2020, $*****
- Highlight: Acquired
2. ConductorOne
Provider of agentic identity governance platform. It offers solutions for access reviews, access requests, just-in-time access, and non-human identity governance. The platform centralizes identity and access data, enabling automation and dynamic access controls. It integrates with various cloud and on-premise applications and infrastructure, allowing for customization to meet specific organizational needs. The platform aims to simplify security and compliance while streamlining identity management processes.
Key facts about ConductorOne
- Founded Year: 2020
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $111M
- Employee Count: 137 as on Mar 31, 2026
- Investors: Glynn Capital, Greycroft and 15 Others
- Latest Funding Round: Series B, Oct 28, 2025, $*****
- Highlight: Editors' Pick
3. Truv
Cloud-based platform for employee background verification. It offers software for pre employment checks and screening. It enables users to conduct verification for identity, income summary, employer and employment, bank accounts, education, health screening, etc. It is a tool available on the subscription-based model.
Key facts about Truv
- Founded Year: 2020
- Location: Miami (United States)
- Stage: Series A
- Total Funding till date: $28.5M
- Employee Count: 72 as on Mar 31, 2026
- Investors: Kleiner Perkins, Elefund and 7 Others
- Latest Funding Round: Series A, Mar 03, 2022, $*****
- Highlight: Editors' Pick
4. Panther
Cloud based platform offering security analytics solutions. The platform provides security teams with a structured security data lake to power real-time detection, incident response, and thorough investigations. The SIEM platform provides features like detection-as-code, historical data preservation, robust security data lake, and more.
Key facts about Panther
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $140M
- Employee Count: 293 as on Mar 31, 2026
- Investors: Coatue, Lightspeed Venture Partners and 9 Others
- Latest Funding Round: Series B, Dec 02, 2021, $*****
- Highlight: Editors' Pick
5. Lucidlink
LucidLink is a provider of Cloud NAS based on object storage technology. It provides the facility to stream files from cloud object stores directly to clients. The solution is suitable for all types of cloud infrastructures such as private, public, and hybrid. It supports Mac, Windows, and Linux operating systems.
Key facts about Lucidlink
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $115M
- Employee Count: 257 as on Mar 31, 2026
- Investors: Bain Capital Ventures, Top Tier Capital Partners and 13 Others
- Latest Funding Round: Series C, Nov 20, 2023, $*****
- Highlight: Editors' Pick
Fathom Capital's Year-on-Year Investment Trends
Fathom Capital has invested in 20 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Truv and most recent follow-on round was in Clerk.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 1 | 2 | 3 |
2021 | 4 | 2 | 6 |
2020 | 2 | 3 | 5 |
2019 | 4 | 1 | 5 |
2018 | 5 | 1 | 6 |
2017 | 2 | 0 | 2 |
Fathom Capital's Investments by Stage
Fathom Capital has made 10 investments in Seed stage with an average round size of $4.12M, 7 investments in Series A stage with an average round size of $11.9M and 1 investment in Series C stage with an average round size of $13.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 7 |
Series C | 1 |
Note: We have considered here, only first round of investments
Fathom Capital's Investments by Sector
Fathom Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, FinTech, High Tech and Vertical SaaS. Notably, it has invested in 19 Enterprise (B2B) companies, 19 Tech companies, 17 Software companies and at least 15 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 15 |
Enterprise Infrastructure | 8 |
FinTech | 4 |
High Tech | 3 |
Vertical SaaS | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Fathom Capital's Investments by Geography
Fathom Capital has made most investments in United States (17), followed by Norway where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 17 |
Norway | 1 |
Note: We have considered here, only first round of investments
Fathom Capital's recent investments
Fathom Capital has not made any investment in 2026 so far.Here are the most recent investments by Fathom Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 22, 2023 | United States | Series A | 6063 | [+4] | |
Nov 30, 2022 | United States | Seed | 5315 | [+2] | |
Jun 23, 2022 | United States | Series A | 7004 | [+6] | |
Mar 03, 2022 | United States | Series A | 9374 | [+5] | |
Dec 16, 2021 | United States | Series B | 9642 |
Unicorns in Fathom Capital's Portfolio
Fathom Capital has 2 unicorns in its portfolio - Alpaca Securities and Panther. The most recent unicorn in their portfolio is Alpaca Securities. It became a unicorn in 2026, 6 years after Fathom Capital first invested in it.Here is a list of unicorns in Fathom Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
54 | Internet-first stock broker | 2015 | San Mateo | Series D | vcwhspd | ||
61 | Cloud based platform offering security analytics solutions | 2018 | San Francisco | Series B | {zdlour |
Acquired companies in Fathom Capital's Portfolio
7 companies from Fathom Capital's portfolio have been acquired. The most recent acquisition was Accelo in Feb 2024 by Bow River for $*****.Here are Fathom Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 29, 2024 | Sep 25, 2017 | Series A | 3509 | |
May 31, 2023 | 2018 | Seed | 8857 | |
Feb 01, 2023 | May 24, 2018 | Seed | 3567 | |
Jan 24, 2023 | Nov 04, 2021 | Series A | 4002 | |
Jun 07, 2022 | Sep 09, 2018 | Seed | 7024 |
Team profile of Fathom Capital
Fathom Capital has a team of 1 member located in United States. Fathom Capital's team does not sit on the board of any company as of now.Co-investors of Fathom Capital
Over the past 9 years, 168 investors have co-invested in Fathom Capital's portfolio companies. This includes funds and angels.
- Invested before Fathom Capital: Y Combinator, Abstract Ventures and 24 others have invested in rounds before Fathom Capital. There are 2 companies where Y Combinator has invested before Fathom Capital and 1 company where Abstract Ventures has invested before Fathom Capital.
- Top Co-investors of Fathom Capital: 61 investors entered a company along with Fathom Capital. These include investors like S28 Capital (3 companies).
- Invested after Fathom Capital: A total of 81 investors have invested in Fathom Capital's portfolio after their investments. Top Investors include CRV (2 companies), Mango Capital (2 companies) and Georgian (2 companies).
Recent News related to Fathom Capital
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ConductorOne Raises $12M; Expands Series A Funding to $27MFinSMEs•Aug 09, 2023•ConductorOne, Felicis Ventures, Accel, Fuel Capital and 2 others
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Clerk Raises $15M in Series A FundingFinSMEs•Mar 22, 2023•Clerk, Madrona, S28 Capital, Andreessen Horowitz and 4 others
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Clerk Announces $6.2M Seed Funding To Build Authentication And User Management Tools For ReactACROFAN•Nov 30, 2022•Clerk, Andreessen Horowitz, S28 Capital, Fathom Capital and 2 others
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ConductorOne is bringing automation to identity and access management with $15M investmentTechCrunch+•Jun 23, 2022•ConductorOne, Okta, Accel, Fuel Capital and 3 others
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Elementary Raises $30M in Series B FundingFinSMEs•Dec 20, 2021•Elementary, Threshold, Fika Ventures, Fathom Capital and 3 others
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Propelo raises $12M for its AI-driven engineering excellence platformTechCrunch+•Nov 04, 2021•Propelo, Decibel, Eniac Ventures, Fathom Capital and 2 others
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SuperAnnotate Raises $14.5 Million To Help AutomateForbes•Jul 12, 2021•Base10 Partners, Point Nine, Runa Capital, Fathom Capital and 1 other
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YourBase Raises $5M in FundingFinSMEs•Jun 08, 2021•YourBase, Fathom Capital, Lightspeed Venture Partners, Unusual Ventures
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ConductorOne Raises $5M in Seed FundingFinSMEs•Apr 07, 2021•ConductorOne, Accel, Fuel Capital, Fathom Capital and 1 other
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Citadel ID raises $3.5M for API-delivered income and employment verificationTechCrunch+•Feb 16, 2021•Truv, Fathom Capital, Chapter One, Soma Capital and 1 other
