Meet the Venture Capitalists · Firm Profile
Felicis
Publishes an unusually specific account of how it actually behaves: states that 94 percent of its investments are seed or Series A, that it often goes from first meeting to term sheet in 24 hours, and that 85 percent of new Felicis-backed founders come from network referrals.
Criteria: Four named focus areas: artificial intelligence, cybersecurity and defence, global resilience and energy, and health and bio. States it has backed early-stage founders from more than 40 countries, that more than 65 Felicis-backed companies are unicorns, and that its portfolio has generated over $300 billion in total market value. Publishes no check size and no fund size.
What this means for your pitchTake the 85 percent seriously. On the firm's own figures roughly five of every six new investments arrive through a referral, so an introduction here is not a nicety, it is the main road. The stated 24 hour turn cuts both ways: prepare as though the decision will be made in a day, because it may be.
FelicisChecked 17 August 2026
From Felicis's own site and announcements · checked 26 August 2026 · selective, not comprehensive · verify on the firm's pages
Felicis announced it led the Series A for Artemis, an AI-native security information and event management (SIEM) platform that lets security teams query threat data in natural language. The firm states that early deployments cut mean time to detect and respond to critical security events by 94 percent.
Felicis announced it led the seed round for humans&, which the firm describes as a human-centric frontier lab rebuilding AI models with long-term reinforcement learning for group collaboration. The founding team includes researchers from xAI, Anthropic, Google DeepMind, OpenAI, and Meta.
Felicis announced FV X, a $900 million fund the firm calls its largest to date. The firm states it will focus on AI-first companies, cybersecurity, infrastructure, global resilience including defense and energy, and health and biotech, and notes that 70 percent of its active portfolio is AI-native.