Craft Ventures

Craft Ventures is a San Francisco-based venture capital firm that specializes in early-stage and growth investments, primarily focusing on business-to-business (B2B) technology companies. The firm is known for its 'founders helping founders' approach, leveraging the extensive operational and entrepreneurial experience of its team to provide strategic guidance and support to its portfolio companies. Craft Ventures aims to partner with visionary founders who are building high-growth, high-margin B2B software companies with recurring revenue models, with a strong emphasis on product innovation and customer success.

The firm was founded in 2017 by David Sacks and Bill Lee, both seasoned entrepreneurs and investors with a track record of building and scaling successful technology businesses. David Sacks, a co-founder of Yammer and former COO of PayPal, and Bill Lee, known for his work with Remarq and Big Fish Games, established Craft Ventures to offer a unique value proposition to startups. They have since expanded their leadership to include a robust team of partners and operating professionals dedicated to various aspects of company building, from talent acquisition and marketing to legal affairs and information security.

Craft Ventures has made numerous notable investments across various technology sectors. Their portfolio includes companies like Oasis Security, WorkOS, Xona Space Systems, Onehouse, Daylight Security, Starbridge.ai, Knock, Secoda, GenHealth.ai, and Replit. The firm invests across different stages, from Pre-Seed to Growth rounds, and has a particular interest in areas such as AI agents, cybersecurity, developer infrastructure, SaaS, and fintech. Their portfolio also features well-known companies like Facebook, Slack, Uber, Affirm, Lyft, Airbnb, and Palantir, demonstrating a history of backing market-defining products and successful exits.

The team at Craft Ventures is composed of experienced operators and investors who provide hands-on support to their portfolio. Beyond capital, the firm offers a comprehensive platform team that assists with talent acquisition, PR and communications, executive networking, go-to-market strategies, legal affairs, and information security. This operational expertise, combined with a strong advisory board and specialized councils like the CISO and CxO Councils, ensures that founders receive tailored resources and insights to navigate the complexities of scaling a technology business. [website content, cite: 22]