About Flying Fish Ventures
Flying Fish Ventures is a venture capital firm founded in 2016. It is primarily based out of Seattle, United States. As of Jan 2026, Flying Fish Ventures is an active investor, having invested in 43 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Seed round of Aisy Overall, Flying Fish Ventures portfolio has seen 1 IPO and 9 acquisitions including key companies like Troj Company, Tomorrow and Reclaim. A lot of funds co-invest with Flying Fish Ventures, with names like ASCEND sharing a substantial percentage of its portfolio. Flying Fish Ventures has team of 11 people including 8 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Flying Fish Ventures' List of Top Investments
Flying Fish Ventures has a portfolio of 43 companies. Their most notable investments are in Hiverge and Accipiter Biosciences.Their portfolio spans across United States, Canada, United Kingdom and 1 more locations. They have invested in Enterprise Applications, High Tech, Retail and 14 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Flying Fish Ventures:1. Vouched
Provider of identity verification solutions for multiple industries and AI agents. The company delivers identity verification, fraud detection, data verification, and compliance. It offers tools for healthcare, financial services, automotive, real estate, and hospitality sectors. The company provides application programming interfaces, software development kits, and JavaScript plug-ins.
Key facts about Vouched
- Founded Year: 2018
- Location: Seattle (United States)
- Stage: Series A
- Total Funding till date: $30.9M
- Employee Count: 56 as on May 31, 2026
- Investors: SpringRock Ventures, SK Ventures and 14 Others
- Latest Funding Round: Series A, Sep 04, 2025, $*****
- Highlight: Editors' Pick

2. Troj Company
Provider of a platform securing artificial intelligence models and applications. It offers tools to identify vulnerabilities and protect against threats. The platform helps ensure model behavior is predictable and reliable. It allows users to map models to security standards. The platform integrates into various environments.
Key facts about Troj Company
- Founded Year: 2019
- Location: Saint John (Canada)
- Stage: Acquired
- Total Funding till date: $11.4M
- Employee Count: 27 as on May 31, 2026
- Investors: Flybridge Capital Partners, Techstars and 6 Others
- Latest Funding Round: Seed, Mar 25, 2024, $*****
- Highlight: Acquired
3. NLX
Developer of a platform for building and managing AI-powered conversations. The platform enables users to create conversational experiences across various formats, including chat, voice, and multimodal interfaces. It offers tools for mapping conversations, integrating generative AI, and incorporating rich media. The platform also provides analytics for tracking performance and guiding improvements.
Key facts about NLX
- Founded Year: 2018
- Location: New York (United States)
- Stage: Series A
- Total Funding till date: $21.8M
- Employee Count: 38 as on May 31, 2026
- Investors: IAG Capital Partners, Thayer Ventures and 6 Others
- Latest Funding Round: Series A, Feb 07, 2024, $*****
- Highlight: Editors' Pick

4. Joe Coffee
Provider of software solutions for coffee shops. The solutions includes manage reviews, kiosk, order management, marketing, and shop Management.
Key facts about Joe Coffee
- Founded Year: 2015
- Location: Seattle (United States)
- Stage: Seed
- Total Funding till date: $3.5M
- Employee Count: 57 as on May 31, 2026
- Investors: Craft Ventures, Flying Fish Ventures and 1 Other
- Latest Funding Round: Seed, Jul 09, 2020, $*****
- Highlight: Editors' Pick
5. Phaidra
AI-powered control systems for industrial facilities. It is focusing on mission-critical operations like data centers, AI factories, pharmaceuticals, and energy plants.
Key facts about Phaidra
- Founded Year: 2019
- Location: Seattle (United States)
- Stage: Series B
- Total Funding till date: $92.5M
- Employee Count: 95 as on May 31, 2026
- Investors: Nvidia, NJF Capital and 18 Others
- Latest Funding Round: Series B, Oct 01, 2025, $*****
- Highlight: Editors' Pick
Flying Fish Ventures' Year-on-Year Investment Trends
Flying Fish Ventures has invested in 43 companies over the last 9 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 9 investments, while as of Jan 2026, it has made 2 investments in this year. Its most recent first time investment was in Aisy and most recent follow-on round was in Procaps Group.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 6 | 3 | 9 |
2024 | 4 | 2 | 6 |
2023 | 5 | 1 | 6 |
2022 | 6 | 4 | 10 |
2021 | 6 | 2 | 8 |
2020 | 3 | 2 | 5 |
2019 | 2 | 2 | 4 |
2018 | 1 | 2 | 3 |
2017 | 5 | 0 | 5 |
Flying Fish Ventures' Investments by Stage
Flying Fish Ventures has made 31 investments in Seed stage with an average round size of $4.71M, 8 investments in Series A stage with an average round size of $12.1M and 1 investment in Post IPO stage with an average round size of $40M.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 8 |
Post IPO | 1 |
Note: We have considered here, only first round of investments
Flying Fish Ventures' Investments by Sector
Flying Fish Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Artificial Intelligence - Industry Applications, Vertical SaaS and Enterprise Infrastructure. Notably, it has invested in 38 Tech companies, 37 Enterprise (B2B) companies, 35 Software companies and at least 22 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 31 |
High Tech | 19 |
Artificial Intelligence - Industry Applications | 13 |
Vertical SaaS | 9 |
Enterprise Infrastructure | 7 |
Others | 38 |
Note: We have considered here, only first round of investments
Flying Fish Ventures' Investments by Geography
Flying Fish Ventures has made most investments in United States (28), followed by Canada where it has made 7 investments.Country | No. of Investments |
|---|---|
United States | 28 |
Canada | 7 |
United Kingdom | 4 |
Israel | 1 |
Note: We have considered here, only first round of investments
Flying Fish Ventures' recent investments
Flying Fish Ventures has made 2 investments in 2026 so far - Aisy and AgileRL.Here are the most recent investments by Flying Fish Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 27, 2026 | United States | Seed | 6592 | [+1] | |
Jan 07, 2026 | United Kingdom | Seed | 4677 | [+3] | |
Nov 17, 2025 | United States | Seed | 7558 | [+1] | |
Nov 07, 2025 | United States | Seed | 3819 | [+6] | |
Sep 17, 2025 | United Kingdom | Seed | 9920 | [+1] |
IPOs and Publicly Listed companies in Flying Fish Ventures' Portfolio
1 of Flying Fish Ventures' portfolio company became public - Procaps Group. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Dec 2019.Here are Flying Fish Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2019 | 2024 | Post IPO | 7553 |
Acquired companies in Flying Fish Ventures' Portfolio
9 companies from Flying Fish Ventures' portfolio have been acquired. The most recent acquisition was Troj Company in Jun 2026 by A10 Networks for $*****.Here are Flying Fish Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | Jan 04, 2022 | Seed | 2721 | |
Jan 16, 2026 | Sep 28, 2023 | Series A | 6370 | |
Jan 14, 2026 | Nov 16, 2021 | Seed | 5884 | |
May 29, 2025 | Sep 09, 2019 | Seed | 9414 | |
Aug 20, 2024 | May 26, 2021 | Seed | 1031 |
Team profile of Flying Fish Ventures
Flying Fish Ventures has a team of 11 members including 8 Partners, 1 Venture Partner and 2 Principals located in United States and Canada. Flying Fish Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Flying Fish Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Seattle | - | ||
Partner | Seattle | - | ||
Partner | Seattle | - | ||
Partner | Seattle | - | ||
Partner | Bellevue | - | ||
Partner | Seattle | - | ||
Partner | Seattle | - | ||
Partner | Seattle | - | - | |
Venture Partner | Seattle | - | ||
Principal | Edmonton | - | ||
Principal | Seattle | - |
Co-investors of Flying Fish Ventures
Over the past 9 years, 231 investors have co-invested in Flying Fish Ventures's portfolio companies. This includes funds and angels.
- Invested before Flying Fish Ventures: Techstars, Madrona Venture Labs and 25 others have invested in rounds before Flying Fish Ventures. There are 2 companies where Techstars has invested before Flying Fish Ventures and 1 company where Madrona Venture Labs has invested before Flying Fish Ventures.
- Top Co-investors of Flying Fish Ventures: 142 investors entered a company along with Flying Fish Ventures. These include investors like ASCEND (3 companies).
- Invested after Flying Fish Ventures: A total of 62 investors have invested in Flying Fish Ventures's portfolio after their investments. Top Investors include Character (2 companies), Oregon Venture Fund (2 companies) and Mark Vadon (1 company).
Recent News related to Flying Fish Ventures
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Ineffable Intelligence Raises $1.1B Seed At $5.1B ValuationStartup Rise EU•Apr 28, 2026•Sequoia Capital, Google, Nvidia, Lightspeed Venture Partners and 13 others
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Aisy secures $2.3M funding to transform vulnerability management with attacker-centric AI.TechStartups.com•Jan 27, 2026•6 Degrees Capital, Osney Capital, Flying Fish Ventures, Aisy
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AgileRL Raises $7.5M in FundingFinSMEs•Jan 07, 2026•AgileRL, Counterview Capital, Fusion Fund, Entrepreneur First and 2 others
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Dutch Beverage Startup Founteyn Secures €19.3M Series A with PepsiCo PartnershipStartup Rise EU•Dec 17, 2025•Founteyn, APG, Flying Fish Ventures
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Accipiter Biosciences Raises $12.7M in Seed FinancingFinSMEs•Nov 07, 2025•Cercano Management, Pack Ventures, Argonautic, Alexandria and 4 others
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Startup launched by Google DeepMind researchers raises fundsBusinessCloud•Sep 17, 2025•Hiverge, Google DeepMind, Ahren, Flying Fish Ventures
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Apera AI Secures Series A Financing and Welcomes Four New ExecutivesAiThority•Jul 28, 2025•Apera, BDC Capital, Lobby Capital, Flying Fish Ventures and 2 others
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Nectar Social Raises $10.6M in Pre-Seed and Seed FundingFinSMEs•Jun 05, 2025•Nectar Social, True Ventures, Google Ventures, Trust Fund and 6 others
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