Addition

aid: addition
name: Addition
description: >-
  Addition is a New York City-based venture capital firm founded in 2020 by Lee
  Fixel, the former head of Tiger Global Management's private equity business.
  The firm invests in founder-led, technology-enabled companies across multiple
  stages, allocating roughly one-third of its capital to early-stage
  investments and the remainder to growth-stage opportunities. Sectors of focus
  include software and SaaS, fintech and payments, artificial intelligence and
  machine learning, developer tools and infrastructure, cybersecurity,
  consumer, logistics, and clean energy. Typical checks range from about $10M to
  $200M, with a reported sweet spot near $30M-$50M. Addition operates a
  streamlined solo-GP model with Fixel as sole managing partner making final
  investment decisions, enabling fast conviction. Across Addition One through
  Addition Five (2020-2023) the firm raised roughly $7B-$7.3B in committed
  capital. Notable investments include Stripe, Snyk, Hugging Face, Chainalysis,
  Navan, dLocal, Delhivery, Airwallex, Freshworks, Warby Parker, and Lyra
  Health.
x-type: venture-capital
x-category: Venture Capital
deliveryModel:
  model: unknown
  open_source: false
  commercial: false
  callable_host: false
  label: Delivery model not determined — needs a product licence on record
  confidence: low
  source:
  - none
  generated: '2026-08-28'
  method: derived
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://kinlane-images.s3.amazonaws.com/shared/apis-json/icons/addition.png
tags:
  - Venture Capital
  - Early Stage
  - Growth Stage
  - Fintech
  - Artificial Intelligence
  - Developer Tools
  - Software
  - New York
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.23'
apis: []
common:
  - type: Website
    url: https://addition.com
  - type: Portfolio
    url: https://addition.com
  - type: Portfolio
    url: portfolio/addition-portfolio.yml
  - type: Crunchbase
    url: https://www.crunchbase.com/organization/addition-7af4
  - type: Team
    url: team/addition-team.yml
  - type: Features
    data:
      - 'Stage: Early stage and growth stage (multi-stage)'
      - 'Typical check: ~$10M-$200M (sweet spot ~$30M-$50M)'
      - 'Sectors: software/SaaS, fintech, AI/ML, developer tools, cybersecurity, consumer, logistics, clean energy'
      - 'Geography: United States and global'
      - 'Committed capital: ~$7B-$7.3B across five funds (2020-2023)'
      - 'Founded: 2020'
      - 'HQ: New York City, NY (Park Avenue Tower)'
      - 'Founder / sole managing partner: Lee Fixel (ex-Tiger Global)'
    sources:
      - https://en.wikipedia.org/wiki/Addition_(investment_firm)
      - https://www.crunchbase.com/organization/addition-7af4
      - https://techcrunch.com/2023/06/14/lee-fixel-addition-fund/
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: kin@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: Addition
    url: https://addition.com