Venture Capital Firms in Bay Area – CrunchFund – San Francisco, CA– 34/50
Other Areas of Focus: Mobile Curated Web, Software, Bitcoin, Information Security
Total Capital: $59 million
Notable Investments: Square, Upstart, Glider, Lend Street Financial, Inc.
CrunchFund is an early stage, sector agnostic venture capital firm based in San Francisco. CF maintains a variety of relationships with other VC firms and works alongside them, using its media and PR expertise, to help propel the companies of tomorrow.
It was founded in September 2011 by Michael Arrington (who later left TechCrunch in October 2011), Patrick Gallagher, and MG Siegler (who later left for Google Ventures) – when it raised its inaugural $20 million in funding. $8 million came from AOL, and much of the rest coming from individuals (like Ron Conway and Marc Andreessen). It raised $32 million in additional capital in a second round on January 30, 2014.In 2016, Susan Hobbs joined as a partner while Michael Arrington took on a reduced role. As of 2016, it has raised $59 million in funds. 
- Michael Arrington, General Partner
- Prashant Fonseka, Principal
- Patrick Gallagher, General Partner
Square was one of its investments that successfully raised an initial public offering. Among its other investments includ e Airbnb, Cruise, DigitalOcean, Mesosphere, Redfin, Path, and Uber. At least 35 of its other investments, such as Klout, have become acquisitions.
CrunchFund is an early stage, sector agnostic venture capital firm based in San Francisco. CrunchFund maintains a variety of relationships with other VC firms and works alongside them, using its media and PR expertise, to help propel the companies of tomorrow.
The firm raised its inaugural fund in September of 2011. Investors in CrunchFund includ e AOL, Accel Partners, Austin Ventures, Kleiner Perkins Caufield & Byers, Greylock Partners, Redpoint Ventures, Sequoia Capital, the founding partners of Andreessen Horowitz, each of the general partners of Benchmark Capital, Ron Conway, Yuri Milner, Brad Garlinghouse & Kevin Rose.
San Francisco, California
|Members||Michael Arrington, Prashant Fonseka, Patrick Gallagher|