Zelda Ventures

Zelda Ventures is a pre-seed venture capital firm founded in late 2022 by Suzanne Fletcher and based in Portola Valley, California. The firm invests at the earliest stage of company formation, often writing a company's first check, and describes itself as generalist: portfolio companies span a range of sectors rather than a defined set of technical domains.

Its investment approach is relationship-driven. Zelda Ventures primarily backs in-network serial entrepreneurs building their next companies, and a strong share of portfolio founders have known the firm for years; many have previously worked with Fletcher. Beyond capital, the firm provides practical guidance, perspectives, and connections, drawing on decades of experience in entrepreneurial communities.

The firm's network extends past its own team. A broader group of experienced entrepreneurs contributes as investors, advisors, and allies, and the firm states that it values the relationships behind the work. Zelda Ventures operates from Portola Valley and can be reached at https://zelda.vc/.