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FPV Ventures

Location on request · Invests in US · Website

Pre-SeedSeedAI & Machine LearningDeveloper ToolsFintechHealthcare & BiotechClimate & EnergyHardware & DevicesHealthcare & Digital HealthDeveloper Tools & InfrastructureFintech & PaymentsBiotech & Life Sciences

Thesis

Mission-driven founders building transformative companies. FPV backs missionaries, not mercenaries—founders with genuine conviction in solving hard problems and willingness to pursue 100-year visions. Focus on founders who are misunderstood initially but recognized as geniuses for changing the world. Founder service is their North Star—they aim to be the founder's first phone call with operational support from experienced partners.

Likely not a fit for

Mercenary founders focused purely on financial returns without mission conviction. Founders unwilling to take long-term perspectives. Commoditized or marginal market opportunities. Teams lacking talent density or execution ability.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

3 contacts on file

NK

Nikunj Kothari

Partner · Primary contact

+ Pitch
PE

Pegah Ebrahimi

General PartnerCo-founder & Managing Partner

+ Pitch
WC

Wesley Chan

General PartnerCo-founder & Managing Partner

+ Pitch

Portfolio

AstraFintech Payments

Astra is an automation platform that helps you put your finances on autopilot, saving you time while efficiently routing your money between accounts. It provides the infrastructure for moving money, making payments faster and more secure.

CharlieFintech Payments

Charlie is a financial technology company, not a bank. It offers banking services through Sutton Bank and provides a Visa® Debit Card.

AibidiaFintech Payments

Aibidia is a Finnish fintech specializing in AI-powered transfer pricing management solutions for multinational corporations. The company aims to optimize global transfer pricing and tax compliance.

CanvaEnterprise Software

Canva is an online design tool launched in 2013, offering templates for various visual content and business solutions. It provides tools for branding, marketing, and collaboration.

Credo AISecurity Cyber

Credo AI is a leader in AI governance, helping companies manage AI risks and compliance. The company focuses on responsible AI practices and offers a centralized, automated solution for AI lifecycle governance.

DatabricksEnterprise Software

Databricks is a data and AI company headquartered in San Francisco, offering a Data Intelligence Platform that democratizes insights to everyone in an organization. It provides a unified foundation for all data and governance, combined with AI models tailored to organizational needs.

Secure isolation technology.Security Cyber

Edera provides secure isolation technology that prevents lateral movement and ensures data integrity, offering VM-level security with container-level performance. Their hardened runtime reduces the attack surface by 95% and is designed for secure workload isolation, particularly in federal markets.

EnvedaBiotech Life Sciences

Enveda Bio leverages evolutionary intelligence for drug discovery, utilizing a large foundation model called PRISM for analyzing small molecule mass spectra.

Fable FoodFood Beverage

Fable Food Co specializes in plant-based mushroom products, focusing on sustainability and nutritious, eco-friendly foods.

FigDeveloper Tools Infra

Fig made the command line easier and more collaborative but has been discontinued and replaced by Amazon Q.

FlexportLogistics Supply Chain

Flexport is a global logistics platform that coordinates supply chain operations, offering solutions for importers and exporters to manage their logistics from factory to customer door.

Formation BioBiotech Life Sciences

Formation Bio is a tech-driven pharmaceutical company focused on accelerating drug development. It aims to bring new treatments to patients faster through innovative technology, leveraging proprietary tools for clinical trial optimization.

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Research briefRead more
FPV Ventures & Nikunj Kothari: Comprehensive Investment Research Overview FPV Ventures is a early-stage venture capital firm co-founded by Wesley Chan and Pegah Ebrahimi in 2022, focused on backing mission-driven founders. The firm has grown rapidly, raising $457 million for Fund I and $525 million for Fund II (closed April 2025), bringing total assets under management to approximately $1 billion.

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