About Fresco Capital
Fresco Capital is a venture capital firm founded in 2012. It is primarily based out of Earth, United States. As of Mar 2025, Fresco Capital has invested in 72 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to EdTech and HealthTech. Most recently it participated in the $***** Series A round of Subscript Overall, Fresco Capital portfolio has seen 17 acquisitions including key companies like Pipedrive, Spire and SchoolMint. A lot of funds co-invest with Fresco Capital, with names like Wavemaker Partners sharing a substantial percentage of its portfolio. Fresco Capital has team of 36 people including 30 partners.Key Metrics
Fresco Capital's List of Top Investments
Fresco Capital has a portfolio of 72 companies. Their most notable investments are in Phable and Gowell.Their portfolio spans across United States, China, Canada and 5 more locations. They have invested in Enterprise Applications, EdTech, HealthTech and 21 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Fresco Capital:1. Pipedrive
Provider of customer relationship management software and sales pipeline tools. The platform offers features such as lead management, sales automation, and reporting. It provides integrations with other business applications. The software helps teams manage customer data, track sales activities, and automate sales processes.
Key facts about Pipedrive
- Founded Year: 2010
- Location: Tallinn (Estonia)
- Annual Revenue: €0 - €1M as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $90.8M
- Employee Count: 1,102 as on Aug 31, 2026
- Investors: Storm Ventures, Atomico and 25 Others
- Latest Funding Round: Series C, Jun 14, 2018, $*****
- Highlight: Acquired
2. Glints
Online job board platform for graduate jobs. The platform allows students to create a profile by mentioning skills, education, and discover career paths and also develop skills required for the career and apply for jobs based on their interests. The companies hiring through the platform include BAP Software. The offering sector includes sales, operation, engineering, human resource, marketing and more.
Key facts about Glints
- Founded Year: 2013
- Location: Singapore (Singapore)
- Stage: Series D
- Total Funding till date: $82.3M
- Employee Count: 923 as on Aug 31, 2026
- Investors: DCM Ventures, Monk's Hill Ventures and 31 Others
- Latest Funding Round: Series D, Aug 30, 2022, $*****
- Highlight: Editors' Pick
3. Evidation
Real-world health data insights for better healthcare decisions and research. The company connects directly with individuals to gather real-world health data, providing valuable insights for healthcare and research. They empower individuals to contribute their health data and benefit from its value, fostering a community focused on improving health outcomes. The company partners with organizations across life sciences, healthcare, government, and research to drive discoveries and advance healthcare. They offer solutions for patient insights, recruitment, real-world studies, and data analysis, leveraging diverse data sources like electronic health records, patient-reported outcomes, and data from devices. The company is committed to building trust and transparency, ensuring individuals have control over their data and are rewarded for engaging with their health. Their platform facilitates research and programs across various health conditions, contributing to a deeper understanding of health and disease.
Key facts about Evidation
- Founded Year: 2012
- Location: Menlo Park (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $259M
- Employee Count: 93 as on Aug 31, 2026
- Investors: Cross Creek, G Squared and 16 Others
- Latest Funding Round: Grant (prize money), Jul 14, 2025, $*****
- Highlight: Editors' Pick
Provider of international student loans. It provides bridge loans to financially underserved students enrolled full time at accredited institutions. It disburses payments directly to the universities on behalf of students to pay for tuition or university sponsored services like housing,meal plans and health insurance. It also allows institutional and accredited retail investors to invest on the platform.
Key facts about MPOWER Financing
- Founded Year: 2014
- Location: Washington, DC (United States)
- Stage: Series C
- Total Funding till date: $156M
- Employee Count: 287 as on Aug 31, 2026
- Investors: Goldman Sachs, Varde Partners and 31 Others
- Latest Funding Round: Conventional Debt, Nov 07, 2023, $*****
- Highlight: Editors' Pick
5. Spire
Provider of space-based data, analytics, and space services using a large nanosatellite constellation in low orbit. The company collects and processes radio-frequency and atmospheric signals to deliver actionable insights for weather and climate, aviation, maritime, government, and security use cases, including RF geolocation, flight tracking, ship tracking, and greenhouse gas monitoring. It also offers space-as-a-service solutions that let customers deploy custom payloads and dedicated constellations on its platform, with end-to-end manufacturing, ground station network, and constellation management tools accessible via APIs and dashboards.
Key facts about Spire
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $50M - $100M as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $246M
- Employee Count: 522 as on Aug 31, 2026
- Investors: Baillie Gifford, Qualcomm Ventures and 40 Others
- Latest Funding Round: Post IPO, Apr 08, 2026, $*****
- Highlight: Acquired
Fresco Capital's Year-on-Year Investment Trends
Fresco Capital has invested in 72 companies over the last 12 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 2 investments. Its most recent first time investment was in Subscript and most recent follow-on round was in Thalamus.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 1 | 2 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 3 | 2 | 5 |
2021 | 4 | 2 | 6 |
2020 | 1 | 2 | 3 |
2019 | 2 | 1 | 3 |
2018 | 3 | 1 | 4 |
2017 | 2 | 1 | 3 |
Fresco Capital's Investments by Stage
Fresco Capital has made 18 investments in Seed stage with an average round size of $2M, 8 investments in Series A stage with an average round size of $7.13M and 3 investments in Series B stage with an average round size of $16.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 18 |
Series A | 8 |
Series B | 3 |
Note: We have considered here, only first round of investments
Fresco Capital's Investments by Sector
Fresco Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, EdTech, Vertical SaaS and HealthTech. Notably, it has invested in 70 Tech companies, 50 Enterprise (B2B) companies, 44 Software companies and at least 31 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 17 |
Consumer | 6 |
EdTech | 6 |
Vertical SaaS | 6 |
HealthTech | 5 |
Others | 19 |
Note: We have considered here, only first round of investments
Fresco Capital's Investments by Geography
Fresco Capital has made most investments in United States (20), followed by China where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 20 |
China | 3 |
Canada | 1 |
Estonia | 1 |
India | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Fresco Capital's recent investments
Fresco Capital has not made any investment in 2026 so far.Here are the most recent investments by Fresco Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 03, 2025 | United States | Series A | 8473 | ||
Jan 30, 2025 | United States | Series B | 4362 | [+2] | |
Oct 18, 2022 | United States | Seed | 2033 | [+4] | |
Aug 30, 2022 | Singapore | Series D | 8604 | [+5] | |
May 09, 2022 | United States | Seed | 7549 | [+4] |
Acquired companies in Fresco Capital's Portfolio
17 companies from Fresco Capital's portfolio have been acquired. The most recent acquisition was Moesif in May 2025 by WSO2 for $*****.Here are Fresco Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 28, 2025 | Dec 19, 2018 | Seed | 7323 | |
Apr 05, 2025 | Nov 16, 2015 | Seed | 4622 | |
Nov 01, 2024 | - | - | 3712 | |
May 02, 2023 | Dec 01, 2021 | Series B | 6557 | |
Oct 06, 2022 | - | - | 8830 |
Team profile of Fresco Capital
Fresco Capital has a team of 36 members including 30 Partners and 4 Venture Partners located in United States, China and 5 more locations. Fresco Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Fresco Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | San Francisco | - | ||
Partner | New York City | - | ||
Partner | Singapore | - | ||
Partner | San Francisco | - | - | |
Partner | Mountain View | - | - | |
Partner | - | - | - | |
Partner | Hong Kong | - | - | |
Partner | San Francisco | - | - | |
Partner | Randstad | - | - | |
Partner | Hong Kong | - | - |
Co-investors of Fresco Capital
Over the past 12 years, 299 investors have co-invested in Fresco Capital's portfolio companies. This includes funds and angels.
- Invested before Fresco Capital: Y Combinator, Alchemist Accelerator and 62 others have invested in rounds before Fresco Capital. There are 3 companies where Y Combinator has invested before Fresco Capital and 2 companies where Alchemist Accelerator has invested before Fresco Capital.
- Top Co-investors of Fresco Capital: 152 investors entered a company along with Fresco Capital. These include investors like Wavemaker Partners (3 companies).
- Invested after Fresco Capital: A total of 83 investors have invested in Fresco Capital's portfolio after their investments. Top Investors include HRnetGroup (1 company), Monk's Hill Ventures (1 company) and Mindworks Capital (1 company).
Recent News related to Fresco Capital
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Thalamus Raises $30 Million Series B to Expand Physician Workforce for Health Systems and Patients NationwideThalamus•Jan 30, 2025•Thalamus, AAMC, Kapor Capital, Fresco Capital and 1 other
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HK fintech firm banks $40m in series A moneyTech in Asia•Oct 27, 2022•Reap, Acorn Pacific Ventures, HashKey, Arcadia Fund and 5 others
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Glints bags $50m series D funding after doubling revenue and gross profitsTech in Asia•Aug 30, 2022•Glints, DCM Ventures, Lavender Hill Capital Partners, PERSOL and 4 others
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CoverGo snags $15m in funding roundInsurance Business America•May 12, 2022•CoverGo, SemperVirens, USVP, SixThirty and 7 others
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PhableCare to use $25 million raised in Series B funding round for expansion, customer acquisitionCNBC-TV18•Apr 18, 2022•Phable, Aflac Ventures, Kalaari Capital, Digital Horizon and 5 others
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Healthtech Startup Phable Bags $24.5 Mn From Aflac Ventures, Kalaari CapitalInc42•Apr 11, 2022•Phable, Aflac Ventures, Kalaari Capital, OMRON and 7 others
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LeadIQ Raises $30M Series B led by Cathay Innovation to Make Sales Teams Hyper EfficientPR Newswire•Oct 02, 2021•LeadIQ, Cathay Innovation, Eight Roads Ventures, Alumni Ventures and 5 others
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Fulfillment solution Outvio raises 2.52 million eurosEcommerce News•Aug 02, 2021•Outvio, Change Ventures, TMT Investments, Fresco Capital and 1 other
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White-label SaaS shipping startup Outvio closes $3M round led by Change VenturesTechCrunch+•Jul 30, 2021•Outvio, Change Ventures, TMT Investments, Fresco Capital and 3 others
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CCI builds $154m series D roundGlobal Corporate Venturing•Jul 09, 2021•Citycloud International, Geely Holding Group, Fresco Capital, Detong Capital and 2 others
