Addition

2020

Founded

87

Investments

United States

Offices

Venture Fund

Investor Type

About

Addition is a New York-based venture capital firm founded in 2019 by Lee Fixel, who previously led Tiger Global Management's private equity division. The firm focuses on investing in early and growth-stage technology companies, emphasizing founder-led and technology-enabled businesses. Addition's investment strategy allocates one-third of its capital to early-stage investments, with the remainder directed toward growth-stage opportunities.

The firm has raised four funds to date: Addition One ($1.3 billion in 2020), Addition Two ($1.4 billion in 2020), Addition Three ($1.4 billion in 2021), and Addition Four ($1.5 billion in 2022). Notable investments include Allbirds, Freshworks, Chainalysis, Delhivery, dLocal, Hugging Face, Snyk, Warby Parker, and Zap Energy.

Portfolio Companies

Allbirds, Freshworks, Chainalysis, Delhivery, dLocal, Hugging Face, Snyk, Warby Parker, Zap Energy

Gepgraphic Focus

United States, Global

Key Differentiators

Founder-led investment approach, Focus on technology-enabled companies, Experienced leadership under Lee Fixel

Thypical Investment Size

Not publicly disclosed

Total Funds Raised

$5.6 billion

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Big Data & Analytics

Software

CloudTech

Artificial Intelligence & Machine Learning (AI/ML)

Advertising (AdTech)

SaaS

New York

Pre-Seed

Seed

Series A

United States