# 23 Fund

> 23 Fund is a VC fund backing E-Commerce, Retail and Automotive. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Dec 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/23-fund
- Website: https://www.23fund.com/

23 Fund is a VC fund focused on E-Commerce and Retail. The 23 Fund is a seed fund that invests in businesses founded by entrepreneurs of the Stanford Graduate School of Business’ MBA Class of 2023

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 100% |
| Retail | 2 | 67% |
| Automotive | 1 | 33% |
| Marketplace | 1 | 33% |
| Sustainability | 1 | 33% |

9 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 2 | 67% |
| Chile | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ever | Ever is a technology and automotive company that helps its customers buy and sell high-quality electric vehicles. The company is based out of San Francisco, backed by leading investors, and led by former tech & automotive professionals from Uber, Lithia, Penske, Rivian, Carvana, Tesla, Lucid, TrueCar, Longo Toyota, Boston Consulting Group, J.P.Morgan, Lyft, Shopify, Flexport, Golden Gate Capital, and more. | $17.5M | Seed | Dec 31, 2024 |  |
| Flora | We are a Bay Area-based sustainable e-commerce marketplace. We acquiring, nurture and grow e-commerce brands on a mission to make quality, sustainable products more accessible and affordable. Flora exists to empower people to live sustainably in their daily lives because we believe that inspiring small sustainable choices can lead to a big impact. | $9M | Seed | Sep 28, 2022 |  |
| Elevva | Elevva help e-commerce brands in retail management, e-commerce channel expansion, and vendor management. | $30M | Seed | May 12, 2022 |  |

3 of 3 investments shown.

## Co-investors
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 2 deals together
- [Alarko Ventures](https://shizune.co/investors/profile/alarko-ventures) — VC Fund, 1 deal together
- [Asymmetric Capital Partners](https://shizune.co/investors/profile/asymmetric-capital-partners) — VC Fund, 1 deal together
- [Primo Capital](https://shizune.co/investors/profile/barcamper-ventures) — VC Fund, 1 deal together
- [BluStone](https://shizune.co/investors/profile/blustone) — VC Fund, 1 deal together
- [Canary](https://shizune.co/investors/profile/canary-5) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does 23 Fund invest in?

23 Fund invests primarily in E-Commerce, Retail and Automotive startups, most often at Seed stage. Most of the 3 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did 23 Fund last invest?

The most recent investment recorded for 23 Fund closed in Dec 2024. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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