Venture Capital · Profile from Venture Capital Research Companion
Felicis Ventures
The Menlo Park firm that Aydin Senkut, Google's first product manager, grew from a ~$4m personal angel pot into a ~$900m-per-fund seed and Series A lead investor, known for founder-friendly commitments ("never vote against a founder") and an unusually high hit rate in global breakouts such as Shopify, Adyen, Canva, Credit Karma, Notion and Plaid.
At a glance
- Founded
- 2006, Silicon Valley (Menlo Park, California)
- Founders
- Aydin Senkut (sole founder)
- Headquarters
- Menlo Park, California; offices in San Francisco and New York
- Ownership / structure
- Private partnership; Senkut is founder and managing partner
- Leadership (2026)
- Aydin Senkut (founder, managing partner); Sundeep Peechu (managing partner); general partners including Viviana Faga, James Detweiler (promoted 2025) and Peter Deng (joined 2025, ex-OpenAI consumer VP); Katie Riester (managing director, fund-of-funds) (team composition verify)
- AUM / capital raised
- ~$3.8bn+ AUM reported (2025); ten funds raised 2010–2025, the latest Fund X at $900m (June 2025)
- Stage focus
- Seed and Series A lead investing (~93–94% of recent funds), with selective larger bets at Series B/C
- Signature investments
- Shopify, Adyen, Credit Karma, Canva, Notion, Plaid, Cruise, Fitbit, Meraki, Twitch, Guardant Health, Weights & Biases, Supabase, Runway, Mercor; instructive cases: the aborted Plaid–Visa sale, Cruise's later collapse inside GM
10 deals and moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
2008
Credit Karma
Seed
2010
Shopify
Series A
2013
Adyen
Late-Stage Minority
2013
Notion
Seed
2013
Plaid
Seed
2014
Cruise
Seed
2015
Canva
Series A
2022
Runway
Series C
2022
Supabase
Series B
2025
Mercor
Series B