About Fearless Fund
Fearless Fund is a venture capital firm founded in 2018. It is primarily based out of Atlanta, United States. As of Oct 2024, Fearless Fund has invested in 38 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Enterprise Applications. Most recently it participated in the $***** Seed round of Zimi Overall, Fearless Fund portfolio has seen 1 acquisition, namely Thirteen Lune. A lot of funds co-invest with Fearless Fund, with names like Gaingels sharing a substantial percentage of its portfolio. Fearless Fund has team of 8 people.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series B & 2 more
Portfolio Acquisitions
Fearless Fund's List of Top Investments
Fearless Fund has a portfolio of 38 companies. Their most notable investments are in COMMUNITYx and kushae.Their portfolio spans across United States and Ukraine. They have invested in Retail, Consumer, Enterprise Applications and 11 other sectors, across stages such as Seed, Series B and 2 more. Here is the list of top investments by Fearless Fund:
Online retail platform offering multi-category beauty products. Its product catalog includes cleansers, makeup, lip balms, serums, body care, hair care, brushes, combs, supplements, and more from various brands. The company also provides a platform for the discovery of beauty brands and products.
Key facts about Thirteen Lune
- Founded Year: 2020
- Location: West Hollywood (United States)
- Stage: Acquired
- Total Funding till date: $12.5M
- Employee Count: 15 as on Aug 31, 2026
- Investors: Short List Capital, Relevance Ventures and 13 Others
- Latest Funding Round: Seed, Jan 19, 2023, $*****
- Highlight: Acquired
Key facts about Partake Foods
- Founded Year: 2016
- Location: Jersey City (United States)
- Stage: Series B
- Total Funding till date: $51.2M
- Employee Count: 30 as on Sep 30, 2026
- Investors: Marcy Venture Partners, Precursor Ventures and 22 Others
- Latest Funding Round: Series B, Mar 30, 2023, $*****
- Highlight: Editors' Pick
3. Goalsetter
App-based savings management platform for kids and family. It offers an FDIC-insured child account along with automated transfers. The savings account can be managed as per the goals set up by the users. The application is available for iOS and Android devices.
Key facts about Goalsetter
- Founded Year: 2015
- Location: Zaporizhzhia (Ukraine)
- Stage: Series A
- Total Funding till date: $31.5M
- Employee Count: 41 as on Aug 31, 2026
- Investors: Mastercard, Northwestern Mutual and 38 Others
- Latest Funding Round: Series A, Mar 25, 2024, $*****
- Highlight: Editors' Pick
4. Slutty Vegan
Key facts about Slutty Vegan
- Founded Year: 2018
- Location: Atlanta (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $25M
- Employee Count: 103 as on Aug 31, 2026
- Investors: Enlightened Hospitality Investments, LISC Strategic Investments and 3 Others
- Latest Funding Round: Series A, May 09, 2022, $*****
5. ShearShare
Online B2B salon space rental platform. It allows users to rent on demand barbershops, salon, equipment, rooms, and their unused spaces and chairs, temporarily to beauty professionals. Salons can earn rental income through the platform with pricing decided by the salons. It also allows renting space for artists on a subscription based pricing model. It is available to download from google play and the apple store.
Key facts about ShearShare
- Founded Year: 2015
- Location: Dallas (United States)
- Stage: Seed
- Total Funding till date: $6.2M
- Employee Count: 5 as on Sep 30, 2026
- Investors: Lightspeed Venture Partners, ESD and 22 Others
- Latest Funding Round: Seed, Mar 31, 2022, $*****
- Highlight: Editors' Pick
Fearless Fund's Year-on-Year Investment Trends
Fearless Fund has invested in 38 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. Its most recent first time investment was in Zimi.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 2 | 0 | 2 |
2023 | 4 | 0 | 4 |
2022 | 8 | 0 | 8 |
2021 | 3 | 0 | 3 |
Fearless Fund's Investments by Stage
Fearless Fund has made 13 investments in Seed stage with an average round size of $2.34M, 2 investments in Series B stage with an average round size of $23.3M, 1 investment in Grant (prize money) stage with an average round size of $150K and 1 investment in Series A stage with an average round size of $6.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series B | 2 |
Grant (prize money) | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Fearless Fund's Investments by Sector
Fearless Fund has a diverse portfolio, with companies operating in the Retail, Consumer, Consumer Goods, Enterprise Applications and HealthTech. Notably, it has invested in 28 Tech companies, 20 Consumer (B2C) companies, 13 Enterprise (B2B) companies and at least 10 companies focusing on Software.Sector | No. of Investments |
|---|---|
Retail | 10 |
Consumer | 8 |
Consumer Goods | 5 |
Enterprise Applications | 3 |
HealthTech | 3 |
Others | 8 |
Note: We have considered here, only first round of investments
Fearless Fund's Investments by Geography
Fearless Fund has made most investments in United States (17).Fearless Fund's recent investments
Fearless Fund has not made any investment in 2026 so far.Here are the most recent investments by Fearless Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 11, 2024 | United States | Seed | 9195 | ||
Mar 18, 2024 | United States | Seed | 2156 | [+1] | |
Aug 21, 2023 | United States | Grant (prize money) | 6353 | - | |
Jul 14, 2023 | United States | Seed | 8234 | ||
May 16, 2023 | United States | Seed | 1420 | - |
Acquired companies in Fearless Fund's Portfolio
1 company from Fearless Fund's portfolio has been acquired. The most recent acquisition was Thirteen Lune in Jan 2025 by SNR for $*****.Here are Fearless Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 03, 2025 | Nov 03, 2021 | Seed | 4935 |
Team profile of Fearless Fund
Fearless Fund has a team of 8 members including 2 Principals located in United States. Fearless Fund's team does not sit on the board of any company as of now.Co-investors of Fearless Fund
Over the past 5 years, 95 investors have co-invested in Fearless Fund's portfolio companies. This includes funds and angels.
- Invested before Fearless Fund: Gwyneth Paltrow, Sean Combs and 38 others have invested in rounds before Fearless Fund. There is 1 company where Gwyneth Paltrow has invested before Fearless Fund and 1 company where Sean Combs has invested before Fearless Fund.
- Top Co-investors of Fearless Fund: 48 investors entered a company along with Fearless Fund. These include investors like Gaingels (2 companies).
- Invested after Fearless Fund: A total of 7 investors have invested in Fearless Fund's portfolio after their investments. Top Investors include BrainTrust (1 company), Monogram Capital Partners (1 company) and Unilever Ventures (1 company).
Recent News related to Fearless Fund
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Fearless Fund expands to Africa, launches Microfinance Fund in GhanaBusiness and Financial Times•Jan 27, 2026•Fearless Fund
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YC-backed Zimi raises $2M to help international merchants easily sell in the U.S.TechCrunch+•Dec 09, 2024•Zimi, Fearless Fund, Y Combinator
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Fearless Fund Invests in Zimi to Support Emerging Market E-Commerce SolutionsGlobal Village Space•Oct 12, 2024•Zimi, Fearless Fund
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Fearless Fund has made a big deal since settling its controversial lawsuitTechCrunch+•Oct 12, 2024•Fearless Fund, myamericanalliance.com
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A venture capital grant program for Black women officially ends after court rulingNPR•Sep 12, 2024•Fearless Fund
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American Alliance for Equal Rights Concludes Lawsuit Against the Fearless Fund's Black-Only "Strivers Grant Contest"PR Newswire•Sep 11, 2024•Fearless Fund, Americanallianceforequalrights
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Fearless Fund Cofounder Steps Down Amid Lawsuit Over Grant Program for Black Women EntrepreneursGlobal Village Space•Jun 26, 2024•Fearless Fund
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Fearless Fund CEO to Discuss Fight for Racial Equity at Disrupt 2024Global Village Space•Jun 06, 2024•Fearless Fund
