Fika Ventures closes $160m Fund IV to back B2B software founders

Fika Ventures, a B2B-focused early-stage fund, announced the close of its $160 million Fund IV. The new fund brings Fika's total assets under management to over half a billion dollars since its founding in 2016. With Fund IV, Fika will continue its proven strategy of leading pre-seed and seed rounds in B2B software companies across sectors like vertical SaaS, fintech, commerce enablement, marketplaces and healthcare, particularly those harnessing AI to drive innovation.

TX Zhuo, General Partner, Fika Ventures: "At Fika, venture capital isn't just about writing checks - it's about building real, lasting partnerships with extraordinary founders. With Fund IV, we are deepening our commitment to providing hands-on collaboration and unwavering support to entrepreneurs through every stage of the company-building journey."

Fika's investment thesis is rooted in the belief that early-stage B2B founders benefit from investors who not only provide capital, but also roll up their sleeves and work side-by-side with founders to tackle challenges big and small. The firm intentionally kept Fund IV the same size as Fund III, despite significant LP demand, to maintain a concentrated portfolio and ensure the team has the bandwidth to continue delivering high-touch support to every founder.

Since 2016, the Los Angeles-based fund has distinguished itself through its disciplined investment approach and steadfast commitment to its core values, which emphasize service, humility, apprenticeship and an allegiance to founders above all else. The firm takes inspiration from the Swedish custom of fika, the daily practice of taking a break to connect with others; connection is a guiding principle for the Fika team’s approach to relationship-building.

John Chen, General Partner, Fika: "Our job is to earn the right to be true partners to our founders by providing tangible, high-impact assistance from Day One. With Fund IV, we are doubling down on our proven model of serving as an extension of our founders' teams and working tirelessly to help them scale."

Fund IV also marks an expansion of the Fika team, with Arteen Arabshahi rejoining as General Partner after a successful tenure at Route. The fund also announced the promotions of Natalie Paz to CFO and Gabriella Brignardello to Principal, reflecting Fika's commitment to developing talent from within through its apprenticeship model.

www.fika.vc

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