43

ActiveVenture Capital

Website

Updated: Jan 22, 2026 ·

About

43 invests up to $500K and provides hands-on support at Day 0. No product or traction required.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jun 1, 2025	Insight Health	$5.0M Seed	—	Basecamp Fund, Kindred Ventures, KohFounders, Lowercarbon Capital, Andy Coravos
Feb 1, 2025	Goose	$13.0M Seed	—	AngelList, B Capital Group, Blume Ventures, KRM Interests LLC, O'Shaughnessy Ventures, SparkLabs Global Ventures, TMV, UTEC - The University of Tokyo Edge Capital Partners
May 1, 2024	In-House Health	$4.0M House Health - Seed	—	AngelList, B Capital Group, Blume Ventures, KRM Interests LLC, Paul Walker, New Enterprise Associates, O'Shaughnessy Ventures, SparkLabs Global Ventures, TMV, UTEC - The University of Tokyo Edge Capital Partners
Sep 1, 2023	UserEvidence	$9.0M Series A	—	Better Tomorrow Ventures, Calm/Storm Ventures, Chapter One Ventures, Crosslink Capital, Founder Collective, Kindred Ventures, Kleiner Perkins, Nyca Partners, Recursive Ventures, Urban Innovation Fund, Y Combinator, Evan Moore, Jeff Morris, Louis Beryl
Jul 1, 2023	CapStack Technologies	$6.0M Seed	—	Adams Street Partners, BITKRAFT Ventures, Cambrian Ventures, Coalition Operators, Correlation Ventures, Cowboy Ventures, Declaration Partners, Draper Associates, Fin Capital, Flyover Capital, Insight Partners, M13, Oak HC/FT, Peterson Ventures, Sapphire Ventures, Trajectory Ventures, True Ventures, Venrock, Verity Venture Partners, Ellen Pao, Todd Pedersen
May 1, 2023	Pixxel	$36.0M Series B	—	Afore Capital, AngelList, Audacity Venture Capital, B Capital Group, Blume Ventures, Embedded Ventures, Felicis Ventures, Fractal Growth Partners, Glade Brook Capital Partners, Inventus Capital Partners, KRM Interests LLC, Lightspeed India Partners, Mango Capital, Merak Ventures, O'Shaughnessy Ventures, Seraphim Space, SparkLabs Global Ventures, Techstars, TMV, UTEC - The University of Tokyo Edge Capital Partners, Jon Gelsey, Pratyus Patnaik, Rajesh Ranavat, Ryan Johnson
Oct 1, 2022	Lasso Labs	$4.0M Seed	—	20VC, Andreessen Horowitz, BITKRAFT Ventures, C2 Investment, Caffeinated Capital, Correlation Ventures, Draper Associates, Heretic Ventures, Lightspeed Venture Partners, SciFi VC, Seven Seven Six, Trajectory Ventures, Weekend Fund, WorkLife Ventures, Anthony Pompliano, Baron Davis, Fidji Simo, Jeremy Yap, John Collison, Kevin Lin, Mike Krieger, Scott Belsky, Steve Chen
Sep 1, 2022	Block Green	$4.0M Seed	—	BITKRAFT Ventures, Correlation Ventures, Draper Associates, Gradient Ventures, PSG, Rubicon VC, Trajectory Ventures, Tribe Capital
Aug 1, 2022	Rosotics	$750K Seed	—	10X Capital, 305 Ventures, AngelList, Anti fund, B Capital Group, BITKRAFT Ventures, Blume Ventures, Correlation Ventures, Digital Currency Group, Draper Associates, Fuel Venture Capital, Future Perfect Ventures, Grit Capital Partners, KRM Interests LLC, O'Shaughnessy Ventures, SparkLabs Global Ventures, Tampa Bay Ventures, TMV, Trajectory Ventures, UTEC - The University of Tokyo Edge Capital Partners, Roger Ehrenberg, Saxon Baum
Apr 1, 2022	SUN ZU Lab	$2.0M Seed	—	Elaia Partners, BITKRAFT Ventures, Correlation Ventures, Draper Associates, Trajectory Ventures
Mar 1, 2022	Pixxel	$27.0M Series A	—	8VC, Afore Capital, AngelList, ATX Venture Partners, B Capital Group, Blume Ventures, Draper Associates, Embedded Ventures, Felicis Ventures, Fractal Growth Partners, Gaingels, Glade Brook Capital Partners, Inventus Capital Partners, K9 Ventures, KRM Interests LLC, Lightspeed India Partners, Mango Capital, Merak Ventures, Novum Capital Partners, O'Shaughnessy Ventures, Revolution, Seraphim Space, Sierra Ventures, Space Capital, SparkLabs Global Ventures, Techstars, TMV, UTEC - The University of Tokyo Edge Capital Partners, Ashish Taneja, Bart Swanson, Dylan Taylor, Howard Charney, Jon Gelsey, Keith Masback, Mike Gordon, Nick Sinai, Pratyus Patnaik
Nov 1, 2021	Color	$100.0M Series E	—	Addition, Afore Capital, Better Tomorrow Ventures, Calm/Storm Ventures, Chapter One Ventures, Climate Capital, Crosslink Capital, FJ Labs, General Catalyst, Kindred Ventures, Kleiner Perkins, Nyca Partners, Pareto Holdings, Preface Ventures, Urban Innovation Fund, Y Combinator, Evan Moore, Jeff Morris, Louis Beryl
Sep 1, 2021	Noh	$3.0M Seed	—	Lasse Clausen, 20VC, AAF Management Ltd., Acrew Capital, Better Tomorrow Ventures, btov Partners, Calm/Storm Ventures, Chapter One Ventures, Craft Ventures, Crosslink Capital, Matt Ocko, Distributed Ventures, Haystack, Kima Ventures, Kindred Ventures, Kleiner Perkins, La Famiglia, Long Journey Ventures, Luno Expeditions, Montage Ventures, MS&AD Ventures, Jonathan Golden, NextView Ventures, Nyca Partners, Plug & Play Ventures, Propel Venture Partners, Sequoia Capital, Threshold Ventures, Tribe Capital, Urban Innovation Fund, Y Combinator, Evan Moore, Jeff Morris, Louis Beryl, Luis Martin Cabiedes, Mathilde Collin, Paul Sevinç, Scott Belsky
May 1, 2021	Zams	$4.0M Seed	—	100X.VC, Altair Capital Management, Ballast Point Ventures, B Capital Group, Better Tomorrow Ventures, Blume Ventures, Bread and Butter Ventures, Calm/Storm Ventures, Chapter One Ventures, Crosslink Capital, DNX Ventures, Founder Collective, IDG Ventures, Inventus Capital Partners, Kindred Ventures, Kleiner Perkins, Nyca Partners, Qualcomm Ventures, Alexander Rosen, Thayer Ventures, TMV, Ulu Ventures, Urban Innovation Fund, UTEC - The University of Tokyo Edge Capital Partners, Y Combinator, Aaron Rankin (Sprout Social), Ashish Taneja, Daren Cotter, Erik Blachford, Evan Moore, Jeff Morris, Kunal Shah, Louis Beryl, Rajesh Ranavat, Vivek Garipalli, Dylan Taylor, O'Shaughnessy Ventures, Revolution, Upheaval, XFactor Ventures
Mar 1, 2021	Offsight	$6.0M Seed	—	1776, Abstract Ventures, Addition, Afore Capital, Andreessen Horowitz, AngelList, Anti fund, Atreides Management, Awesome People Ventures, Bain Capital Ventures, Banana Capital, B Capital Group, Blume Ventures, Browder Capital, Buckley Ventures, Chemistry VC, Climate Capital, Commerce Ventures, Creative Juice, Curie.Bio, Exponent Founders Capital, FJ Labs, General Catalyst, Goat Capital, Gradient Ventures, Hello Angels, Kindred Capital VC, KRM Interests LLC, Lightspeed Venture Partners, NFX, Operator Partners, O'Shaughnessy Ventures, Pareto Holdings, Preface Ventures, SparkLabs Global Ventures, SQN Venture Partners, The Community Fund, TMV, Tribe Capital, Uncorrelated Ventures, UTEC - The University of Tokyo Edge Capital Partners, Gokul Rajaram, Jason Henrichs, Mark Cuban, Mengxi Lu, Sahil Lavingia, Tom Williams, William Hockey
Mar 1, 2021	Pixxel	$2.0M Seed	—	Afore Capital, AngelList, Audacity Venture Capital, B Capital Group, Blume Ventures, Embedded Ventures, Felicis Ventures, Fractal Growth Partners, Glade Brook Capital Partners, Inventus Capital Partners, KRM Interests LLC, Lightspeed India Partners, Mango Capital, Merak Ventures, O'Shaughnessy Ventures, Seraphim Space, SparkLabs Global Ventures, Techstars, TMV, UTEC - The University of Tokyo Edge Capital Partners, Ashish Taneja, Jon Gelsey, Pratyus Patnaik, Rajesh Ranavat
Nov 1, 2020	Let's Dive	$2.0M Seed	—	AngelList, B Capital Group, Blume Ventures, CapitalX, General Catalyst, KRM Interests LLC, O'Shaughnessy Ventures, Prototype Capital, Scalebridge Capital, SparkLabs Global Ventures, TMV, UTEC - The University of Tokyo Edge Capital Partners, Vibe Capital, Weekend Fund, Akhil Paul, Alexander Gerko, Cecilia Stallsmith, Job Van Der Voort, Sahil Lavingia, Will Armitage
Nov 1, 2020	smartrr	$7.0M Seed	—	Better Tomorrow Ventures, Calm/Storm Ventures, Chapter One Ventures, Crosslink Capital, Kindred Ventures, Kleiner Perkins, Nyca Partners, Offline Ventures, Urban Innovation Fund, Y Combinator, Evan Moore, Jeff Morris, Louis Beryl
Aug 1, 2020	Pixxel	$5.0M Seed	—	Afore Capital, AngelList, Audacity Venture Capital, Avaana Capital, B Capital Group, Blume Ventures, Embedded Ventures, Felicis Ventures, foobar.vc, Fractal Growth Partners, Glade Brook Capital Partners, Helion Venture Partners, Inventus Capital Partners, KRM Interests LLC, Lightspeed India Partners, Mango Capital, Merak Ventures, O'Shaughnessy Ventures, Seraphim Space, SparkLabs Global Ventures, Techstars, TMV, Union Square Ventures, UTEC - The University of Tokyo Edge Capital Partners, Amit Gupta, Ashish Taneja, Jon Gelsey, Pratyus Patnaik, Rajesh Ranavat
May 1, 2020	Synack	$52.0M Series D	—	AllegisCyber Capital, AngelList, Ballistic Ventures, B Capital Group, Bessemer Venture Partners, Blume Ventures, Byers Capital, Alan Cohen, Glencrest Group, Karim Faris, GV, HOF Capital, Index Ventures, Intel Capital, Kleiner Perkins, KRM Interests LLC, Mango Capital, Mayfield, Glenn Solomon, Notable Capital, O'Shaughnessy Ventures, Quiet Capital, Redpoint Ventures, SparkLabs Global Ventures, SYN Ventures, TechSquare Labs, Thomson Reuters Ventures, TMV, UTEC - The University of Tokyo Edge Capital Partners, Wing Venture Capital, Mike Gordon
Mar 1, 2020	Zams	$800K Seed	—	100X.VC, Afore Capital, AngelList, Anicut Capital, Battery Ventures, B Capital Group, Better Tomorrow Ventures, Calm/Storm Ventures, Chapter One Ventures, Crosslink Capital, Dell Technologies Capital, Founders Fund, Kindred Ventures, Kleiner Perkins, KRM Interests LLC, LGF, Merus Capital, Nyca Partners, Precursor Ventures, Sierra Ventures, SparkLabs Global Ventures, Urban Innovation Fund, Walden International, Y Combinator, Evan Moore, Frederic Kerrest, Jared Leto, Jeff Morris, Louis Beryl, Marc McCabe, Zachary Hargreaves
Feb 1, 2020	Pipe	$6.0M Seed	—	01 Ventures, 2.12 Angels, 305 Ventures, Abstract Ventures, Kevin Hartz, Activant Capital, Alumni Ventures, Ambridge Capital, AME Cloud Ventures, Andreessen Horowitz, Angelic Ventures, Axiom Partners, Ballistic Ventures, Better Tomorrow Ventures, Bombas, Builders VC, Calm/Storm Ventures, Chapter One Ventures, Cherubic Ventures, Coinbase Ventures, CP Ventures, Craft Ventures, Crosslink Capital, CRV, DBL Partners, Matt Ocko, DFJ, Dispersion Capital, Dreamers VC, Electric Capital, E-Merge, Jenny Fielding, Scott Hartley, Fika Ventures, First Round Capital, Flex Capital, Formic Ventures, Foundation Capital, Founders Fund, Foundry Group, General Atlantic, Goodwater Capital, Greylock, Joe Kraus, Hardware Club, Insight Partners, Shawn Modarresi, Kindred Ventures, Kleiner Perkins, Lightspeed Venture Partners, Liquid 2 Ventures, Locus Ventures, Long Ventures Partners, MaC Venture Capital, Marcy Venture Partners, Mayfield, Menlo Ventures, Modern Venture Partners, Nyca Partners, Oak HC/FT, Off the Grid Ventures, One Way Ventures, Pantera Capital, Pario Ventures, Patron, Picus Capital, Primetime Partners, Rainfall Ventures, Scale Venture Partners, Sequoia Capital, Seven Seven Six, Social Capital, Soma Capital, South Park Commons, Stellar Capital, Streamlined Ventures, Susa Ventures, SV Angel, Team Ignite Ventures, Telstra Ventures, The Hit Forge, Thirty Five Ventures, Tribe Capital, Trinity Ventures, Uncork Capital, UpHonest Capital, Urban Innovation Fund, Verified Capital, Wave Financial, Webb Investment Network, Weekend Fund, WestCap, WorkLife Ventures, XYZ Venture Capital, Y Combinator, Zinc, Aaron VanDevender, Adam D'Angelo, Andrus Purde, Balaji Srinivasan, Bradley Horowitz, Charlie Cheever, Chris Kelly, Evan Lee, Evan Moore, Immad Akhund, Indrek Kasela, James Hong, Jared Leto, Jay Z, Jeff Seibert, Jim Young, John Hennessy, Justin Timberlake, Katy Perry, Khaled Helioui, Louis Beryl, Lukas Biewald, Martin Li, Martin Villig, Märt Kelder, Matt Mazzeo, Peter Hunn, Preetha Parthasarathy, Rudra Peram, Russell Cook, Ryan Duranso, Sung ho Choi
Jul 1, 2019	DUST Identity	$10.0M Series A	—	Angular Ventures, Better Tomorrow Ventures, Calm/Storm Ventures, Chapter One Ventures, CP Ventures, Crosslink Capital, Geek Ventures, Kindred Ventures, Kleiner Perkins, Lockheed Martin Ventures, Nyca Partners, Underscore, Urban Innovation Fund, Y Combinator, Evan Moore, Jeff Morris, Louis Beryl
Jul 1, 2019	Avvir	$3.0M Seed	—	Better Tomorrow Ventures, Calm/Storm Ventures, Chapter One Ventures, Crosslink Capital, Kindred Ventures, Kleiner Perkins, Nyca Partners, Urban Innovation Fund, Y Combinator, Jeff Morris, Louis Beryl
Jun 1, 2019	Voatz	$7.0M Series A	—	Better Tomorrow Ventures, Calm/Storm Ventures, Chapter One Ventures, Crosslink Capital, Kindred Ventures, Kleiner Perkins, Nyca Partners, Urban Innovation Fund, Y Combinator, Evan Moore, Jeff Morris, Louis Beryl

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at 43.

Soso Sazesh

General Partner

Leadership Team

Key people at 43.

Soso Sazesh

General Partner

Deep Dive

High-Level Overview

Figma is a cloud-based collaborative design platform that enables teams to create, prototype, and iterate on user interfaces and digital products in real time. Its core product suite—Figma Design, FigJam, Dev Mode, Sites, Make, and Draw—serves designers, developers, product managers, and cross-functional teams across industries. Figma solves the longstanding problem of fragmented, siloed design workflows by bringing all stakeholders together in a single, browser-based environment, eliminating the friction of traditional desktop tools and enabling seamless collaboration regardless of location. The company has experienced explosive growth, with over 4 million users as of 2024 and adoption by major enterprises like Airbnb, Microsoft, Netflix, and Salesforce. Its product-led growth strategy has fueled rapid expansion, and it now holds over 40% market share in the design collaboration space.

Origin Story

Figma was founded in 2012 by Dylan Field and Evan Wallace, both computer science students at Brown University. Inspired by the collaborative workflows of tools like Google Docs, they set out to build a browser-based design tool that would allow multiple users to work on the same file simultaneously. After experimenting with various ideas—including drone software and meme generators—they settled on a web-based graphics editor. The company launched publicly in 2016 and quickly gained traction among designers and developers, especially as remote and hybrid work became more prevalent. Early adoption by startups and tech-forward teams laid the foundation for Figma’s enterprise expansion, and by 2024, it had become the primary UI design tool for the majority of product designers worldwide.

Core Differentiators

Real-Time Collaboration: Figma’s browser-first approach enables instant, multi-user editing, making it ideal for distributed teams.
Cross-Platform Accessibility: Works seamlessly on Windows, macOS, Linux, and mobile devices, with no need for local installations.
Integrated Ecosystem: Offers a suite of tools (Design, FigJam, Dev Mode, Sites, Make) that cover the entire product development lifecycle.
Developer-Friendly Features: Dev Mode and Code Connect bridge the gap between design and development, streamlining handoffs and reducing errors.
AI-Powered Innovation: Recent acquisitions like Weavy (now Figma Weave) have brought advanced AI capabilities for image and video editing, further enhancing creative workflows.
Product-Led Growth: Free tier for individuals, with easy upgrades to team and enterprise plans, encourages organic adoption and expansion.

Role in the Broader Tech Landscape

Figma is riding the wave of remote work, distributed teams, and the increasing importance of design in product development. The shift toward cloud-native tools and the demand for real-time collaboration have accelerated its adoption across industries. Figma’s success reflects a broader trend: the democratization of design and the blurring of lines between designers, developers, and other stakeholders. By centralizing design systems and enabling seamless collaboration, Figma is helping organizations scale their product development processes and maintain consistency across teams. Its influence extends beyond design, shaping how companies approach innovation, agility, and cross-functional teamwork in the digital age.

Quick Take & Future Outlook

Figma’s future is bright, with continued innovation in AI, deeper integration with development workflows, and expansion into new markets. The company’s recent IPO and acquisition of AI startups signal its ambition to lead the next generation of creative tools. As the lines between design, development, and product management continue to blur, Figma is well-positioned to remain at the forefront of the collaborative design movement. Its influence will likely grow as more organizations embrace remote work, agile methodologies, and the need for unified, scalable design systems. Figma’s journey from a college project to a global platform underscores the power of solving real-world collaboration challenges with technology.

Sources

High-Level Overview

Origin Story

Core Differentiators

Real-Time Collaboration: Figma’s browser-first approach enables instant, multi-user editing, making it ideal for distributed teams.
Cross-Platform Accessibility: Works seamlessly on Windows, macOS, Linux, and mobile devices, with no need for local installations.
Integrated Ecosystem: Offers a suite of tools (Design, FigJam, Dev Mode, Sites, Make) that cover the entire product development lifecycle.
Developer-Friendly Features: Dev Mode and Code Connect bridge the gap between design and development, streamlining handoffs and reducing errors.
AI-Powered Innovation: Recent acquisitions like Weavy (now Figma Weave) have brought advanced AI capabilities for image and video editing, further enhancing creative workflows.
Product-Led Growth: Free tier for individuals, with easy upgrades to team and enterprise plans, encourages organic adoption and expansion.