FJ Labs, a New York-based venture capital firm, raised $260M across two funds.
LPs include family offices, institutional investors, and a wide array of founders of tech giants such as LinkedIn, PayPal, Supercell, TransferWise, MongoDB and Wayfair, among others.
The vehicles include:
- a pre-seed fund; and
- an opportunity Series B and beyond fund,
Led by Founding Partners and Fabrice Grinda Jose Marin, FJ Labs is focused on marketplaces and network affect businesses. It has invested in such companies as Alibaba, Coupang, Flexport, Delivery Hero, Shipbob, Properly, Wallapop, and Rappi, among many others.