Fresco Capital
About Fresco Capital
Fresco Capital is an early-stage venture capital firm founded in 2012, dedicated to investing at the intersection of people and technology. The firm supports exceptional entrepreneurs in building scalable businesses globally, emphasizing a "people first" philosophy and a commitment to diversity. With a global presence, Fresco Capital operates from offices in San Francisco, Hong Kong, Tokyo, Menlo Park, and Singapore.
The firm focuses on pre-seed, seed, and seed-plus investment stages, providing strategic support to startups at critical moments without pressuring founders on exit strategies. F
Startupintros says the firm was founded by managing partner Tytus Michalski. Gilion lists 2011 as the founding year, which conflicts with the other sources, so the founding year should be treated as unconfirmed. Public profiles name Stephen Forte and Heyu Huang as managing partners and Furuzonfar Zehni as a partner. Startupintros describes the investment team as distributed across San Francisco, Singapore and Hong Kong. CB Insights counts three funds and 59 investments. Startupintros says the firm is deploying capital from its fourth flagship fund and had invested in nearly 80 startups as of 2023. Individual fund sizes are not public in the sources reviewed.
Public databases list artificial intelligence among the firm's focus areas, alongside education, digital health and enterprise software. The clearest AI example in the sources is Constant Therapy Health, which Tracxn describes as an AI-based platform that delivers personalized brain exercises through a mobile app. CB Insights lists Subscript as the firm's most recent investment, a Series A dated February 27, 2025, but the sources reviewed do not describe what Subscript does, so it is not counted here as an AI company. No public source names the partner who leads the firm's AI deals, and this page does not assign that role to anyone.
Angelspartners lists the firm's stages as early, seed and Series A, with an investment range of $100,000 to $5,000,000 and a sweet spot of about $1,500,000. Tracxn's breakdown of past deals shows 18 seed rounds averaging about $2 million, 8 Series A rounds averaging about $6.71 million, and 3 Series B rounds averaging about $16.5 million. These figures describe the rounds the firm joined, not the amounts it wrote as its own checks.
- Constant Therapy Health: AI-based online platform for brain and mental health that delivers personalized brain exercises through a mobile app; round and year not disclosed in the sources reviewed.
Investing activity
Fresco Capital is listed on Lounge as a venture capital investor based in San Francisco, California, United States. The deals desk records Series A and later AI rounds and seeds over $10M, so smaller checks may not show here yet.
Deals
Frequently asked questions about Fresco Capital
Does Fresco Capital invest in AI startups?
Public databases list artificial intelligence as one of the firm's focus areas. Constant Therapy Health, an AI-based health platform, is one example in its portfolio.
What stages does Fresco Capital invest in?
Public profiles list pre-seed, seed and Series A as its stages. Seed is the most common stage in its past deals, with a stated range of $100,000 to $5,000,000 and a sweet spot near $1,500,000.
Who are the partners at Fresco Capital?
Tytus Michalski is named as managing partner, with Stephen Forte and Heyu Huang also listed as managing partners and Furuzonfar Zehni as a partner. Public sources do not say which partner leads AI deals.
How many companies are in the Fresco Capital portfolio?
Counts vary by source. CB Insights lists 59 investments, Tracxn lists 72 companies as of March 2025, and Startupintros says the firm had invested in nearly 80 startups as of 2023.
How many funds does Fresco Capital manage?
CB Insights counts three funds, and Startupintros describes the firm as deploying capital from its fourth flagship fund. Fund sizes are not public in the sources reviewed.
Where is Fresco Capital based?
Fresco Capital is based in San Francisco, California, United States.
How can founders reach Fresco Capital?
Founders on Lounge can see Fresco Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Fresco Capital to their Investor Pipeline to track the conversation.