Profile
Addition is a venture capital firm based in New York, established in 2020. The firm focuses on investing in early and growth-stage technology companies. Addition's team is composed of experienced investors and industry experts who aim to support visionary entrepreneurs in building impactful and enduring businesses.
The firm primarily invests in sectors such as fintech, consumer, enterprise, AI, and Web3/crypto. While the typical check size is not specified, Addition is known for its strategic investments in these areas. The firm manages several funds, including Fund I with $1.3 billion AUM launched in 2020, and Addition Four and Five, each with $1.5 billion AUM launched in 2022 and 2023 respectively.
Notable investments by Addition include Path Robotics - a robotics company, TripActions - a travel management platform, and OctoAI - an AI-focused enterprise. These investments highlight Addition's commitment to supporting innovative companies across various technology-driven sectors.
Industry
Addition VC Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Fund I
|
Venture Capital (VC)
|
Financial Services
Fintech
SaaS
Security
Software
Technology
|
Pre-seed
Seed
|
North America
South America
Europe
Middle East
Africa
Asia
Australia and others
|
$5-10 m
|
$1300 M
|
June 2020
|
|
Addition Four
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
SaaS
Software
Technology
ClimateTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$1500 M
|
June 2022
|
|
Addition Five
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
SaaS
Security
Software
Technology
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$1500 M
|
October 2023
|
Contacts
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