About Fearless Ventures
Fearless Ventures is a venture capital firm founded in 2017. It is primarily based out of San Francisco, United States. As of Jan 2026, Fearless Ventures has invested in 3 companies. It primarily invests in Series F round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to FinTech and InsurTech. Most recently it participated in the $***** Series F round of Devoted Health Overall, Fearless Ventures portfolio has seen 1 unicorn and 1 acquisition, namely Function Health and Akili Interactive. A lot of funds co-invest with Fearless Ventures, with names like Highbury Group sharing a substantial percentage of its portfolio. Fearless Ventures has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C & Series E
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Fearless Ventures' List of All Investments
Fearless Ventures has a portfolio of 3 companies, one of which is a Unicorn. Their most notable investments are in Devoted Health and Akili Interactive.Their portfolio spans across and United States. They have invested in HealthTech, FinTech, InsurTech and 3 other sectors, across stages such as Series C, Series E stages. Here is the list of all investments by Fearless Ventures:Provider of comprehensive lab testing and health monitoring membership services. The company offers access to lab tests, results analysis, and personalized health protocols. Testing is conducted at partner laboratories. Clinicians review results and provide insights. The membership includes options for advanced imaging and additional testing services.
Key facts about Function Health
- Founded Year: 2022
- Location: Austin (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $351M
- Employee Count: 556 as on Sep 30, 2026
- Investors: Founders Circle Capital, K2 Global and 53 Others
- Latest Funding Round: Conventional Debt, Jul 30, 2026, $*****
- Highlight: Editors' Pick
Provider of healthcare insurance plans for individuals. It offers medicare plans and insurance benefits for various healthcare services with benefits and savings, including dental and over-the-counter benefits. It also offers plans for doctor visit, dental and vision protection, hospitals treatment coverage, and more. Also offers insurance comparison guide devoted to health.
Key facts about Devoted Health
Developer of digital medicine delivered through video game experiences. The company focuses on creating engaging treatments for cognitive impairments. These treatments are delivered through proprietary video game experiences. The company aims to change how cognitive medicine is designed and experienced.
Key facts about Akili Interactive
- Founded Year: 2011
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $220M
- Employee Count: 204 as on Sep 30, 2026
- Investors: Amgen Business Development, Baillie Gifford and 28 Others
- Latest Funding Round: Conventional Debt, May 26, 2021, $*****
- Highlight: Acquired
Fearless Ventures' Year-on-Year Investment Trends
Fearless Ventures has invested in 3 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Devoted Health and most recent follow-on round was in Devoted Health.Fearless Ventures' Investments by Stage
Fearless Ventures has made 1 investment in Series C stage with an average round size of $13M and 1 investment in Series E stage with an average round size of $175M.Fearless Ventures' Investments by Sector
Fearless Ventures has a diverse portfolio, with companies operating in the HealthTech, Consumer, EdTech, FinTech and Financial Services. Notably, it has invested in 3 Consumer (B2C) companies, 3 Tech companies, 1 Social impact company and 1 company focusing on Software.Sector | No. of Investments |
|---|---|
HealthTech | 2 |
Consumer | 1 |
EdTech | 1 |
FinTech | 1 |
Financial Services | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Fearless Ventures' Investments by Geography
Fearless Ventures has made most investments in United States (2).Fearless Ventures' recent investments
Fearless Ventures has made 1 investments in 2026 so far - Devoted Health.Here are the most recent investments by Fearless Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 30, 2026 | United States | Series F | 4318 | [+16] | |
Nov 2025 | United States | Series F | 1670 | [+16] | |
Dec 29, 2023 | United States | Series E | 5099 | [+10] | |
May 26, 2021 | United States | Series D | 3693 | [+14] | |
Aug 09, 2018 | United States | Series C | 8787 | [+2] |
Unicorns in Fearless Ventures' Portfolio
Fearless Ventures has 1 unicorn in its portfolio - Function Health. The most recent unicorn in their portfolio is Function Health which became a unicorn in 2025, 1 years before Fearless Ventures first invested in it.Here is a list of unicorns in Fearless Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
75 | Provider of comprehensive lab testing and health monitoring membership services | 2022 | Austin | Series B | naeiwxp |
Acquired companies in Fearless Ventures' Portfolio
1 company from Fearless Ventures' portfolio has been acquired. The most recent acquisition was Akili Interactive in May 2024 by Virtual Therapeutics for $*****.Here are Fearless Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 29, 2024 | Aug 09, 2018 | Series C | 9866 |
Team profile of Fearless Ventures
Fearless Ventures has a team of 3 members including 3 Partners located in United States. Fearless Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Fearless Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Queen Creek | - | - |
Co-investors of Fearless Ventures
Over the past 8 years, 55 investors have co-invested in Fearless Ventures's portfolio companies. This includes funds and angels.
- Invested before Fearless Ventures: Andreessen Horowitz, Uprising Capital and 25 others have invested in rounds before Fearless Ventures. There is 1 company where Andreessen Horowitz has invested before Fearless Ventures and 1 company where Uprising Capital has invested before Fearless Ventures.
- Top Co-investors of Fearless Ventures: 8 investors entered a company along with Fearless Ventures. These include investors like Highbury Group (1 company).
- Invested after Fearless Ventures: A total of 20 investors have invested in Fearless Ventures's portfolio after their investments. Top Investors include Cox Enterprises (1 company), White Road Investments (1 company) and Centricus (1 company).
Recent News related to Fearless Ventures
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Devoted Health Grows to Improve the Health and Well-Being of More AmericansDevoted Health•Jan 30, 2026•Devoted Health, The Private Shares Fund, NextView Ventures, Emerson Collective and 13 others
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Devoted Health Raises $175M, to Expand Home Health OfferingsHomecaremag•Jan 05, 2024•Devoted Health, The Space Between, Highbury, GIC and 16 others
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SVB Provides $50MM Credit Facility to Akili Interactive as Part of $160MM Financing RoundABFJournal•May 27, 2021•Akili Interactive, Neuberger Berman, Polaris Partners, Shionogi and 13 others
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Akili raises $110m to build its digital therapeutics pipelinepharmaphorum•May 26, 2021•Akili Interactive, Neuberger Berman, Shionogi, Polaris Partners and 15 others
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atai Life Sciences Closes $157M Series D Financing RoundFinSMEs•Mar 04, 2021•Apeiron Investment Group, Thiel Capital, Highline Capital, ATAI and 6 others
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Akili Raises Additional $13 Million, Bringing Total Series C Funding to $68 MillionBusiness Wire•Aug 09, 2018•Akili Interactive, CLSA, Omidyar Technology Ventures, Fearless Ventures and 10 others
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‘Conscious leadership’ venture capital newcomer Fearless Ventures eyes up to $50m for debut fundAltAssets•Aug 03, 2018•Fearless Ventures
