Hustle Fund

Pre-seed and seed VC with $125M+ AUM backing 400 hustlers including 30%+ women-led companies

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Updated: Dec 5, 2025 ·

About

Pre-seed and seed VC with $125M+ AUM backing 400 hustlers including 30%+ women-led companies

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 9, 2026	Haply	$11.7M Seed	Sound Media Ventures	Amazon Industrial Innovation Fund, Business Development Bank of Canada, Hanwha Asset Management, Two Small Fish Ventures
Jan 29, 2026	Sound Games	$6.5M Seed	Point72 Ventures	Daybreak, Timeless, WOCstar Fund, ZVC
Oct 1, 2025	Tycho AI	$10.0M Series A	—	Adjacent, Betaworks Ventures, Contrary Capital, Factorial, FirstMark Capital, Gaingels, Leadout Capital, Metaplanet, Round One Capital, Shrug Capital, Splash Capital, Ulu Ventures, Derrick Li, Eric Ries, Jaan Tallinn, Joe Greenstein, Karen King, Mark Cuban, Mark Pincus, Matthew Dellavedova, Ron Pragides, Sheila Vashee, Tim Kendall
Oct 1, 2025	iOrganBio	$2.0M Seed	—	Draper Associates, First Star Ventures, Innospark Ventures, Locus Ventures
Sep 1, 2025	FormX	$18.0M Seed	—	CyberAgent Ventures
Aug 1, 2025	Fusepay	$350K Seed	—	Jenny Fielding, Scott Hartley, Everywhere Ventures (The Fund), Flint Capital, Forum Ventures, Mindful Venture Capital
Jul 1, 2025	Coverflow	$5.0M Seed	—	Adjacent, Betaworks Ventures, Contrary Capital, Factorial, FirstMark Capital, Gaingels, Leadout Capital, Metaplanet, Round One Capital, Shrug Capital, Splash Capital, Ulu Ventures, Eric Ries, Jaan Tallinn, Joe Greenstein, Karen King, Mark Cuban, Mark Pincus, Matthew Dellavedova, Ron Pragides, Sheila Vashee, Tim Kendall
Jun 1, 2025	Tensec	$12.0M Seed	—	Basecamp Fund, Costanoa Ventures, Jenny Fielding, Scott Hartley, Forum Ventures, NextView Ventures, Maia Bittner
Jun 1, 2025	Row64	$4.0M Seed	—	Alumni Ventures, Autopilot Fund, Builders, DNX Ventures, Elevate Ventures, Fifth Wall, Redbud VC, The General Partnership, Anthony Pompliano, Ben Davenport, Charlie Feng
May 1, 2025	Nawy	$52.0M Series A	—	01 Ventures, HOF Capital, Motivate Ventures, Partech Ventures, Plug & Play Ventures, Naguib Sawiris, Will Szczerbiak
Apr 1, 2025	Canopy	$70.0M Series C	—	Ankona Capital, Benchmark, Deep Fork Capital, GSR Ventures, High Alpha, Kindred Ventures, Matrix, Nyca Partners, Pareto Holdings, Pelion Venture Partners, Louis Beryl
Apr 1, 2025	Sats Terminal	$2.0M Seed	—	Alchemy Ventures, Andreessen Horowitz, Draper Associates, First Star Ventures, Goat Capital, Infinity Ventures Crypto, Innospark Ventures, Locus Ventures, NFX
Apr 1, 2025	Potato	$7.0M Seed	—	ACME Capital, Alumni Ventures, Cowboy Ventures, Draper Associates, Floodgate, Generative Ventures, LGF, Lightbank, Maveron, Pioneer Square Labs, Preface Ventures, Silicon Valley Connect, Stash Ventures, The Fintech Fund, Viola Ventures, Working Capital Fund, Gloria Baeuerlein, Jeff Hammerbacher, Justin Mateen, Koen Bok, Paul Veugen, Russell Smith, Sean Behr, Shervin Pishevar, Stewart Butterfield, Tuomas Artman
Apr 1, 2025	AVIEL Intelligence	$470K Seed	—	Fuel Ventures, Unpopular Ventures
Feb 1, 2025	Urban Sky	$30.0M Series B	—	Darren Liccardo, Rouz Jazayeri, Catapult Ventures (catapult.vc), Lerer Hippeau, Precursor Ventures, Techstars
Jan 1, 2025	Loft Orbital	$170.0M Series C	—	ATX Venture Partners, Foundation Capital, MDI Ventures, Ubiquity Ventures, Uncork Capital, Vera Equity
Jan 1, 2025	Hone Health	$33.0M Series A	—	Alumni Ventures, Autopilot Fund, Builders, DNX Ventures, Elevate Ventures, Fifth Wall, Hawke Ventures, Magma Partners, Ravelin Capital, Redbud VC, Shaan's All Access Fund, The General Partnership, Tribe Capital, Vine Ventures LP, Anthony Pompliano, Ben Davenport, Charlie Feng, Nik Sharma, Paul Rabil, Sam Parr
Dec 1, 2024	AFC Toronto	$10K Seed	—	Mana Ventures, MYASIAVC PTE LTD, Republic Capital, Unpopular Ventures
Dec 1, 2024	Tradeface	$340K Seed	—	Antler
Nov 1, 2024	PlayAI	$21.0M Seed	—	Ankona Capital, Benchmark, CapitalX, Deep Fork Capital, GSR Ventures, High Alpha, Kindred Ventures, Matrix, Nyca Partners, Pareto Holdings, Pelion Venture Partners, Race Capital, Amjad Masad, Dharmesh Shah, Louis Beryl
Oct 1, 2024	Antares	$30.0M Series A	—	Alt Capital, Banter Capital, Jenny Fielding, Scott Hartley, Humba Ventures, Innovation Endeavors, Khosla Ventures, Oyster Ventures, ScOp Venture Capital, Dean Bartosh
Oct 1, 2024	Phaseshift Technologies	$3.0M Seed	—	Bascom Ventures, Congruent Ventures, Draper Associates, Endeavor8, First Star Ventures, Innospark Ventures, Locus Ventures, Wisdom LLP
Oct 1, 2024	FutureMoney	$3.0M Seed	—	Coelius Capital, Jazz Venture Partners, Omni Ventures, Virta Ventures, Visible Hands, Zetta Venture Partners
Oct 1, 2024	ExoMatter	$2.0M Seed	—	N49P Ventures, ZAKA Ventures
Sep 1, 2024	DOON	$500K Seed	—	Lasse Clausen, Foxmont Capital Partners, Hashed, Infinity Ventures Crypto, Portag3 Ventures, Kevin Lin

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Hustle Fund.

Kirsten Rischert-Garcia

Angel Squad Member - OG Squad 1

Gustavo Alvarez Moreno

Leadership Team

Key people at Hustle Fund.

Kirsten Rischert-Garcia

Angel Squad Member - OG Squad 1

Gustavo Alvarez Moreno

Deep Dive

High-Level Overview

Hustle Fund is a pre-seed and seed-stage venture capital firm founded in 2017 with over $125M in assets under management (AUM), backing more than 400 startups—over 30% of which are led by women. The firm’s mission is to democratize access to venture capital by empowering scrappy, resourceful founders with capital, mentorship, and networks, regardless of background or pedigree. Hustle Fund invests primarily in early-stage software startups across fintech, digital health, web3, B2B, and consumer tech, with a strong emphasis on founders who demonstrate speed, execution, and grit. Their hands-on approach, rapid funding decisions, and inclusive investment philosophy have made them a standout in the evolving VC landscape, helping to lower barriers for underrepresented founders and first-time entrepreneurs.

Origin Story

Hustle Fund was co-founded in 2017 by Eric Bahn and Elizabeth Yin, both of whom are experienced operators and investors with deep roots in the startup ecosystem. Elizabeth Yin previously co-founded LaunchBit, a B2B ad network, and Eric Bahn was an early employee at Ticketfly and founder of Boardlist. Their firsthand experience with the challenges of raising early-stage capital inspired them to create a fund that prioritized speed, accessibility, and founder support. Over time, Hustle Fund has evolved from a small, founder-friendly pre-seed fund into a multi-fund organization with a global reach, expanding into new geographies and launching initiatives like Angel Squad to further democratize access to startup investing.

Core Differentiators

Hilariously Early Investing: Hustle Fund specializes in pre-seed and seed rounds, often writing checks as small as $25K–$150K, making them one of the most accessible early-stage funds.
Rapid Decision-Making: Known for making investment decisions within 1–2 meetings and wiring funds within a week, Hustle Fund removes friction for founders in urgent need of capital.
Inclusive Network: Through Angel Squad, Hustle Fund has built a community of over 1,500 angel investors, many of whom are new to venture, and offers educational resources to help them learn and invest alongside the fund.
Founder-Centric Support: Beyond capital, Hustle Fund provides mentorship, practical advice, and access to Redwood School—a sales and customer acquisition training program—helping startups scale effectively.
Diverse Portfolio: With over 30% of their portfolio companies led by women, Hustle Fund is a leader in promoting diversity and inclusion in venture capital.

Role in the Broader Tech Landscape

Hustle Fund is riding the wave of democratization in venture capital, a trend accelerated by new investment vehicles, remote work, and the rise of founder-led communities. As traditional VC becomes more exclusive and concentrated, Hustle Fund’s model—focused on speed, accessibility, and education—resonates with a new generation of founders and investors. Their emphasis on scrappy, early-stage startups aligns with the growing appetite for innovation in fintech, web3, and digital health, sectors where disruption is happening at an unprecedented pace. By lowering the barriers to entry and fostering a more inclusive ecosystem, Hustle Fund is helping to reshape the future of startup investing.

Quick Take & Future Outlook

Hustle Fund is poised to continue its growth as the demand for early-stage capital and founder support intensifies. The firm’s focus on education, inclusivity, and rapid deployment of capital positions it well to capture the next wave of innovation, especially as more founders seek alternatives to traditional VC. Trends like the rise of remote startups, the expansion of web3, and the increasing importance of diversity in tech will only amplify Hustle Fund’s impact. As they scale their Angel Squad and deepen their global footprint, Hustle Fund is likely to become an even more influential force in shaping the future of venture capital—proving that hustle, not pedigree, is the true currency of startup success.

Sources

High-Level Overview

Origin Story

Core Differentiators

Hilariously Early Investing: Hustle Fund specializes in pre-seed and seed rounds, often writing checks as small as $25K–$150K, making them one of the most accessible early-stage funds.
Rapid Decision-Making: Known for making investment decisions within 1–2 meetings and wiring funds within a week, Hustle Fund removes friction for founders in urgent need of capital.
Inclusive Network: Through Angel Squad, Hustle Fund has built a community of over 1,500 angel investors, many of whom are new to venture, and offers educational resources to help them learn and invest alongside the fund.
Founder-Centric Support: Beyond capital, Hustle Fund provides mentorship, practical advice, and access to Redwood School—a sales and customer acquisition training program—helping startups scale effectively.
Diverse Portfolio: With over 30% of their portfolio companies led by women, Hustle Fund is a leader in promoting diversity and inclusion in venture capital.