Good Friends

What Good Friends does

Good Friends is a privately-held venture capital firm founded in 2019 and headquartered in San Francisco, California. The firm operates with a lean team of 1-10 employees and positions itself as an "investor network" rather than a traditional institutional VC, emphasizing a "founder helping founder" philosophy. Good Friends accepts deal submissions through a public online portal and invests across all stages from Pre-Seed through Late stage/secondary rounds, participating as a co-investor alongside lead investors such as Lerer Hippeau, Addition, Greycroft, BBGV, and others. The firm does not develop proprietary technology; its core "product" is capital deployment combined with operator-level mentorship from founders who have built companies themselves.

Good Friends has built a portfolio of 80+ companies spanning consumer products (Blank Street, Bloomscape, Agua Magica), fintech (Accrue, Basis Theory), health tech (Climatic, Biologica), B2B SaaS (Air, Arch), blockchain infrastructure (Alchemy), and other sectors. The firm distributes capital globally through direct deal submissions via its website and through syndication with established institutional VCs. Notable portfolio exits include Aerflo (acquired), Daring Foods (acquired by V2 Foods in 2025), DataStax (acquired by IBM in 2025), Ezra (acquired by Function Health in 2025), Hypercard (acquired by American Express in 2026), and Tealbook (acquired in 2026), demonstrating liquidity generation across the portfolio.

The firm's go-to-market is primarily community-led and sales-enabled through its website, which serves as both a portfolio showcase and a deal intake funnel. Good Friends generates returns through equity investments in portfolio companies, benefiting from exits via acquisitions or IPOs. The firm uses fundpanel.io for limited partner and investor reporting, and its core differentiator is the hands-on operational support provided by operator-investors rather than financial capital alone.

Name

Good Friends

Legal name

Good Friends

Website

https://www.goodfriends.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Good Friends is a San Francisco-based venture capital firm founded in 2019 that invests across all stages from Pre-Seed through Late stage, serving founders with a "founder helping founder" model. The firm holds 80+ portfolio companies across consumer, fintech, health, and B2B SaaS sectors.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Venture capital investing
• Early-stage startup funding
• Founder network
• Seed stage investments
• Growth capital

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Returns: As a venture investment firm, Good Friends generates returns through equity investments in portfolio companies. The firm participates in funding rounds and likely benefits from portfolio company exits through acquisitions or IPOs.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Good Friends is a venture capital firm that invests capital in early-stage and growth-stage startups from Pre-Seed through Late stage/secondary rounds across sectors including health tech, fintech, consumer, and B2B SaaS. The firm operates a founder-to-founder model, pairing equity investment with operational mentorship from operators who have built companies, and accepts deal submissions through an online portal.

Product overview

Good Friends is a venture capital firm that describes itself as "founders helping founders." The firm provides investment services to early-stage startups, operates a portfolio management platform showcasing its invested companies, and offers a deal submission system where entrepreneurs can pitch their ventures. The company's core "product" is its investment and mentorship services rather than a traditional software product.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Investment
• Founder Mentorship Network

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• Crosscut Ventures: Operator-led micro-VC investing in early-stage consumer and tech startups with a founder-network approach. Similar fund size and philosophy to Good Friends.
• Pioneer Fund: Operator-led, founder-first angel and pre-seed fund run by a network of founders. Highly comparable to Good Friends in structure (small team, founder network, early-stage focus) and philosophy (founders helping founders).
• Notation Capital: Operator-led micro-VC investing in technical founders at the earliest stages. Similar horizontal thesis, lean team structure, and community-driven sourcing model to Good Friends.
• Hustle Fund: Operator-led micro-VC investing in pre-seed and seed with a community-driven, founder-friendly model. Directly comparable to Good Friends on team size, check size, and stage focus.
• Able Partners: Operator-led early-stage fund founded by experienced operators investing across consumer and tech. Comparable to Good Friends on operator-led differentiation and founder network approach.
• Antler: Global founder-first VC that invests from idea stage onward and supports founders with operator mentorship. Overlaps with Good Friends on founder-to-founder positioning and broad sector exposure.

Broad incumbents

• Lerer Hippeau: Established early-stage VC in NYC that co-invests with Good Friends in deals like Climatic. Operates at larger fund size and broader institutional scale but shares early-stage focus and sector breadth.
• Addition: Established early-stage VC that co-invests with Good Friends in deals like Biologica. Larger institutional VC operating with similar horizontal early-stage mandate.

Emerging players

• BBGV: Early-stage fund co-investing alongside Good Friends in deals like Climatic. Similar operator-led, network-driven micro-VC profile but with smaller profile and more regional focus.
• Hawktail: Early-stage fund co-investing with Good Friends in Biologica. Comparable as an emerging micro-VC with operator background investing in early rounds.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/good-friends-venture-capital

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments58 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Good Friends