# Elefund

> Elefund is a VC fund in Mountain View backing FinTech and Financial Services. See 63 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mountain View, United States
- Total investments: 63
- Last investment: Jul 2026
- Lead investor: 14%
- Last fund: Nov 2019
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/elefund
- Website: http://elefund.com

Elefund is a VC fund in Mountain View focused on FinTech and Financial Services. Founded in July 2015, Elefund is a US-based venture capital firm with its headquarters in Mountain View, California. The firm has invested in several well-known companies whose products and services have benefited millions of people all over the world and created thousands of jobs.

## Contacts

5 contacts available for Elefund. Shizune tracks 6 team members at Elefund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/elefund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $930k–$7.6M |
| Pre-Seed | $1.5M–$3.5M |
| Series A | $6M–$40M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 19 | 30% |
| Financial Services | 13 | 21% |
| Software | 12 | 19% |
| Insurance | 7 | 11% |
| InsurTech | 6 | 10% |

81 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 27 | 43% |
| Series A | 18 | 29% |
| Pre-Seed | 6 | 10% |
| Series B | 2 | 3% |
| Funding Round | 2 | 3% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 41 | 65% |
| United Kingdom | 3 | 5% |
| France | 1 | 2% |
| Nigeria | 1 | 2% |
| Puerto Rico | 1 | 2% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Abay Iskandirov | Limited Partner | 0 | https://shizune.co/investors/profile/abay-iskandirov |
| Arik Crissi | Principal | 0 | https://shizune.co/investors/profile/arik-crissi |
| Ha Nguyen | CFO | 0 | https://shizune.co/investors/profile/ha-nguyen-3f2f |
| Nathan Rodland | General Partner | 7 | https://shizune.co/investors/profile/nate-rodland |
| Rasheen Smith | Venture Partner | 5 | https://shizune.co/investors/profile/rasheen-smith |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Alpaca | Alpaca is a financial technology company that provides developer-first APIs and brokerage infrastructure for programmatic access to stock, options, and cryptocurrency markets, enabling businesses and individual traders to integrate trading and investing capabilities into their applications. Its platform offers REST, WebSocket, and event-driveninterfaces that support algorithmic trading, automated strategy execution, real-time market data, backtesting, and portfolio management workflows. Alpaca’s services also include brokerage account functionality, clearing and settlement services, and tools that allow firms to embed investing features into their products or to build custom trading systems on top of its API-centric architecture. The company supports global fintech partners with solutions such as tokenization, high-yield cash programs, multi-leg options trading, and advanced order types that align with diverse trading and investment use cases. Its technology is used by developers, quant traders, fintech platforms, and financial institutions seeking programmable market access and integrated financial services. | $135M | Series D | Jul 16, 2026 |  |
| Stackpack | Stackpack is AI platform help companies to manage the accelerating costs, risks, and complexity of third-party vendors. | $6.3M | Seed | May 13, 2025 |  |
| Harmonic | Harmonic builds mathematical superintelligence. The company develops Mathematical Superintelligence (MSI), a next-generation artificial intelligence based on mathematical principles that ensures accuracy and eliminate hallucinations. | $75M | Series A | Sep 23, 2024 |  |
| Powder | Sales copilot for wealth advisors | $5M | Seed | Jul 23, 2024 |  |
| Forward | Forward is a company that helps progammers and developers coordinate their program codes to build better websites. | $16M | Seed | May 30, 2024 |  |
| Animation Inc. | Animation Inc. is an IT company that specializes in real-time generative animation based on artificial intelligence solutions. | $3.5M | Pre-Seed | May 22, 2024 |  |
| Mermaid Chart | Building the next generation of smart diagramming for enterprise teams. Easily create and collaborate on complex diagrams from text. | $7.6M | Seed | Mar 20, 2024 |  |
| Mermaid Char | Mermaid Chart, founded by Knut Sveidqvist and Open Core Ventures, emerged from the Mermaid open-source project. Lead developers from Mermaid have joined, strengthening the project's connection. Mermaid Chart bolsters open-source Mermaid development, enabling professional usage, while maintaining open-source functionality. It supports Mermaidsignificantly, but also offers commercial services to fund project growth and expand the developer team. | $7.6M | Seed | Mar 20, 2024 |  |
| Powder | Sales copilot for wealth advisors |  | Pre-Seed | Nov 14, 2023 |  |
| Canopy Connect | Canopy Connect is the fastest way to collect verified insurance information. Consumers despise filling out long forms and don't readily have the answers to their current insurance situation. As a result, your business receives incomplete or inaccurate information—conversion suffers and retention suffers.More than 3,500 companies use CanopyConnect—including insurance agencies, insurance marketplaces, insurance carriers, lenders, and embedded insurance players—to verify insurance information in seconds.Consumers simply sign in via Canopy Connect with their current insurance carrier credentials to securely share policy details, declarations pages, driver information, enriched property details, claims history, and commercial loss runs. Your business can access all of this verified insurance information through the Canopy Connect dashboard or via API. Then connect the data directly to your comparative rater, CRM, AMS, POS with our direct integrations to the insurance and lending ecosystem. | $6.5M | Series A | Oct 25, 2023 |  |

10 of 63 investments shown.

## Co-investors
- [Greycroft](https://shizune.co/investors/profile/greycroft) — VC Fund, 9 deals together
- [Gaingels](https://shizune.co/investors/profile/gaing) — VC Fund, 8 deals together
- [v1.vc](https://shizune.co/investors/profile/v1-vc) — VC Fund, 7 deals together
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 6 deals together
- [Draper Associates](https://shizune.co/investors/profile/draper-associates-2) — VC Fund, 5 deals together
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund, 5 deals together

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## FAQ

### What does Elefund invest in?

Elefund invests primarily in FinTech, Financial Services and Software startups, most often at Seed and Series A stage. Most of the 63 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 Elefund's check size?

Elefund typically joins rounds of $930k–$7.6M at Seed, $1.5M–$3.5M at Pre-Seed and $6M–$40M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Elefund participates in.

### How do I contact Elefund?

Public channels for Elefund 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 Elefund?

The team at Elefund includes Abay Iskandirov (Limited Partner), Arik Crissi (Principal) and Ha Nguyen (CFO), among 6 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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