Verified Capital
San Francisco venture capital firm founded by ex-Coatue partner Kris Fredrickson, running a $175m debut fund with concentrated bets in AI, deep tech and SaaS.
Verified Capital is a San Francisco-based venture capital firm that backs technology companies at any stage through a concentrated portfolio strategy. Founded by Kris Fredrickson, a former managing partner at Coatue, the firm is independently owned and deploys capital into a deliberately small number of holdings rather than spreading it across a broad set of positions.
The firm's debut fund closed at $175 million. Capital is committed to roughly eight to ten core investments per fund, a structure that implies conviction-driven position sizing and active involvement with each company in the portfolio. Stage flexibility is a stated feature of the strategy: the firm is not restricted to a single entry point in a company's development, from seed through later rounds.
Sector focus spans artificial intelligence, machine learning, deep tech, SaaS and vertical SaaS. The concentration model sits against a market in which many managers have diversified toward index-like portfolios; Verified Capital's approach is the opposite, prioritising depth of exposure to a small number of transformative technology companies.
The firm operates from San Francisco, California.