# Addition

> Addition is a VC fund backing Software and Artificial Intelligence. See 174 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 174
- Last investment: Jun 2026
- Lead investor: 58%
- Fund size: $1.4B
- Last fund: Oct 2020
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/additionvc
- Website: https://addition.com/

Addition is a venture capital firm that invests in early and growth-stage tech companies. The firm was founded in 2020 by Lee Fixel with a mission to support visionary entrepreneurs on their journey to build impactful and enduring businesses.

## Contacts

5 contacts available for Addition. Shizune tracks 9 team members at Addition. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/addition-7af4?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $13M–$36M |
| Series B | $25M–$102M |
| Series C | $50M–$200M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 41 | 24% |
| Artificial Intelligence | 19 | 11% |
| FinTech | 15 | 9% |
| Payments | 15 | 9% |
| Financial Services | 15 | 9% |

125 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 38 | 22% |
| Series A | 37 | 21% |
| Series C | 25 | 14% |
| Series D | 14 | 8% |
| Seed | 11 | 6% |

12 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 57 | 33% |
| United Kingdom | 4 | 2% |
| India | 3 | 2% |
| Brazil | 3 | 2% |
| Canada | 3 | 2% |

17 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Aaron Schildkrout | Investor | 10 | https://shizune.co/investors/profile/aaron-schildkrout |
| Andrew Miskiewicz | investor | 4 | https://shizune.co/investors/profile/andrew-miskiewicz-7627 |
| Glenn Ormsby | Chief Financial Officer | 0 | https://shizune.co/investors/profile/glenn-ormsby-341b |
| Jack Spiegel | Investor | 0 | https://shizune.co/investors/profile/jack-spiegel |
| Jason Schneider | Investor | 7 | https://shizune.co/investors/profile/jason-schneider-2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Airwallex | Established in Melbourne in 2015, Airwallex is a global payments fintech that enables businesses to operate anywhere, anytime.In today’s fast-changing digital era, Airwallex's purpose is to empower businesses of all sizes to grow without borders, and by doing so, contribute to the global economy. With technology at its core, Airwallex builta proprietary global financial infrastructure platform to help businesses transact, collect and pay in any foreign currency across 130+ countries and 50+ currencies, without the constraints of the traditional global financial system. | $320M | Series H | Jun 25, 2026 |  |
| Airwallex | Established in Melbourne in 2015, Airwallex is a global payments fintech that enables businesses to operate anywhere, anytime.In today’s fast-changing digital era, Airwallex's purpose is to empower businesses of all sizes to grow without borders, and by doing so, contribute to the global economy. With technology at its core, Airwallex builta proprietary global financial infrastructure platform to help businesses transact, collect and pay in any foreign currency across 130+ countries and 50+ currencies, without the constraints of the traditional global financial system. |  | Private Equity | May 28, 2026 |  |
| Chapter | Chapter provides a technology-enabled advisory platform that helps individuals navigate Medicare and retirement-related healthcare decisions. The company offers access to licensed advisors who guide users through plan selection, enrollment timing, and coverage evaluation based on individual needs and preferences. It uses data and software tools tocompare Medicare plans across multiple insurance providers, enabling users to review options and understand cost, coverage, and benefits. It supports decision-making by analyzing plan details and presenting recommendations that align with a user’s healthcare requirements and financial considerations. Its services include ongoing support after enrollment, helping individuals manage their coverage and make adjustments when necessary. The platform also provides digital tools, such as applications for tracking healthcare benefits and accessing over-the-counter allowances.Chapter collaborates with financial institutions, healthcare providers, and content platforms to integrate Medicare guidance into broader client and patient services. It delivers advisory support through partnerships, enabling organizations to offer healthcare coverage guidance as part of their existing offerings. The company combines advisory services with data analysis to simplify complex insurance decisions and assist users in understanding available Medicare options. Its operations focus on improving transparency in plan comparisons and supporting individuals throughout different stages of retirement healthcare planning. | $100M | Series E | Apr 09, 2026 |  |
| Frore Systems | Frore Systems develops and supplies advanced thermal management technologies for electronic systems that require efficient heat dissipation without conventional cooling mechanisms. The company’s product portfolio includes AirJet, a solid‑state active cooling chip used in consumer devices, industrial embedded systems, edge AI platforms, and IoThardware to remove heat silently and support compact designs without fans or moving parts. It also produces LiquidJet, a direct‑to‑chip liquid cooling plate designed for high‑performance computing environments such as data centers to address heat removal challenges for modern GPUs and AI workloads.Frore’s technologies aim to replace or augment traditional heat sinks and fans by integrating semiconductor manufacturing techniques into thermal solutions that fit into thinner, lighter, and more rugged device architectures. Its cooling systems are configured to match specific power maps of processors and deliver thermal performance improvements that enable hardware to sustain higher throughput under workload stress. | $143M | Series D | Mar 16, 2026 |  |
| Ernesta | Ernesta provides design-focused custom rugs to homes and places of gathering through an enjoyable, frictionless, and affordable experience. | $20M | Series B | Mar 11, 2026 |  |
| Xscape Photonics | Xscape Photonics provides photonic chips for high-speed connections in high-performance computing systems and data centers. The company uses photonics to realize scalable, high-bandwidth, energy-sustainable, and cost-effective solutions that enable the next generation of AI, ML, and simulation hardware. | $37M | Series A | Mar 11, 2026 |  |
| Render | Render offers the easiest cloud for developers and teams to host any application or website. The company’s goal is to completely eliminate the need to manage servers by offering a cloud with the best developer experience combined with incredible flexibility and power. This will ultimately improve all software and enable entirely new kinds ofapplications. Render was founded in 2018 and is based in San Francisco. | $100M | Series C | Feb 17, 2026 |  |
| Render | Render offers the easiest cloud for developers and teams to host any application or website. The company’s goal is to completely eliminate the need to manage servers by offering a cloud with the best developer experience combined with incredible flexibility and power. This will ultimately improve all software and enable entirely new kinds ofapplications. Render was founded in 2018 and is based in San Francisco. | $100M | Series C | Feb 17, 2026 |  |
| Hello Vet | Hello Vet is a pet care platform connecting clients with veterinary teams, allowing real-time communication and support during procedures | $20.1M | Series A | Dec 11, 2025 |  |
| Airwallex | Established in Melbourne in 2015, Airwallex is a global payments fintech that enables businesses to operate anywhere, anytime.In today’s fast-changing digital era, Airwallex's purpose is to empower businesses of all sizes to grow without borders, and by doing so, contribute to the global economy. With technology at its core, Airwallex builta proprietary global financial infrastructure platform to help businesses transact, collect and pay in any foreign currency across 130+ countries and 50+ currencies, without the constraints of the traditional global financial system. | $330M | Series G | Dec 08, 2025 |  |

10 of 174 investments shown.

## Co-investors
- [Lightspeed Venture Partners](https://shizune.co/investors/profile/lightspeed-venture-partners) — VC Fund, 22 deals together
- [Tiger Global Management](https://shizune.co/investors/profile/tiger-global) — VC Fund, 16 deals together
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund, 13 deals together
- [Greylock](https://shizune.co/investors/profile/greylock) — VC Fund, 12 deals together
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund, 11 deals together
- [Lux Capital](https://shizune.co/investors/profile/lux-capital) — VC Fund, 11 deals together

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## FAQ

### What does Addition invest in?

Addition invests primarily in Software, Artificial Intelligence and FinTech startups, most often at Series B and Series A stage. Most of the 174 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Addition's check size?

Addition typically joins rounds of $13M–$36M at Series A, $25M–$102M at Series B and $50M–$200M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Addition participates in.

### How do I contact Addition?

Public channels for Addition include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Addition?

The team at Addition includes Aaron Schildkrout (Investor), Andrew Miskiewicz (investor) and Glenn Ormsby (Chief Financial Officer), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### 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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