Craft Ventures

aid: craft-ventures
name: Craft Ventures
description: >-
  Craft Ventures is a San Francisco-based venture capital firm founded in late
  2017 by repeat entrepreneurs David Sacks and Bill Lee, built "by founders for
  founders" and rooted in the operator playbook of the PayPal Mafia. The firm
  invests across early and growth stages, writing checks that range from micro-seed
  positions through double-digit millions, and specializes in B2B SaaS,
  marketplaces, and enterprise software prized for high-growth, high-margin,
  recurring-revenue economics. Craft is known for its rigorous, metrics-driven
  SaaS operating framework and hands-on support spanning talent, go-to-market,
  community, and finance. Beyond core SaaS, the portfolio spans artificial
  intelligence, developer tools, fintech and crypto, cybersecurity, digital health,
  defense, and frontier technology. The firm manages roughly $3.3 billion in
  assets across four early-stage funds and two growth funds, including Craft
  Ventures IV ($712M) and Craft Ventures Growth II ($608M). Notable investments
  include Airbnb, Affirm, Reddit, Uber, Lyft, Palantir, Slack, ElevenLabs,
  Supabase, Anduril, and Neuralink. Headquartered in San Francisco, with offices
  in New York City and Austin, Texas, and a primarily United States geographic focus.
image: https://www.craftventures.com/favicon.ico
x-type: venture-capital
x-category: Venture Capital
tags:
  - Venture Capital
  - Seed
  - Series A
  - Growth Equity
  - SaaS
  - B2B
  - Marketplaces
  - Artificial Intelligence
  - Developer Tools
  - Fintech
  - United States
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.20'
apis: []
common:
  - type: Website
    url: https://www.craftventures.com/
  - type: Portfolio
    url: https://www.craftventures.com/portfolio
  - type: Portfolio
    url: portfolio/craft-ventures-portfolio.yml
  - type: Team
    url: https://www.craftventures.com/team
  - type: Team
    url: team/craft-ventures-team.yml
  - type: Blog
    url: https://www.craftventures.com/blog/all
  - type: Twitter
    url: https://x.com/craft_ventures
  - type: LinkedIn
    url: https://www.linkedin.com/company/craft-ventures/
  - type: Podcast
    url: https://www.youtube.com/@craft_ventures
  - type: Features
    data:
      - 'Stage: Early (Seed, Series A) and Growth'
      - 'Typical check: micro-seed through double-digit millions'
      - 'Sectors: B2B SaaS, marketplaces, enterprise software, AI, developer tools, fintech, crypto, cybersecurity, digital health, defense, frontier tech'
      - 'Geography: United States (primary)'
      - 'AUM: approximately $3.3 billion (across four early-stage funds and two growth funds)'
      - 'Funds: Craft Ventures I-IV, Craft Ventures Growth I-II (Fund IV $712M, Growth II $608M)'
      - 'Founded: late 2017'
      - 'Founders: David Sacks, Bill Lee'
      - 'HQ: San Francisco, CA (offices in New York City and Austin, TX)'
    sources:
      - https://www.craftventures.com/
      - https://medium.com/craft-ventures/announcing-1-3-billion-for-craft-ventures-iv-and-growth-ii-19ae15e705bc
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: kin@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: Craft Ventures
    url: https://www.craftventures.com/