# Li Fan

> Li Fan is a seed investor at Circle (San Francisco) backing Software, Apps and SaaS. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Circle](https://shizune.co/investors/profile/circle-2)
- Location: San Francisco, United States
- Total investments: 5
- Last investment: Jul 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/li-fan-52869322

Li Fan is a seed investor at Circle in San Francisco focused on Software and Apps. Li Fan is the Chief Technology Officer at Circle. She attended University of Wisconsin-Madison.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $5M–$5.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 40% |
| Apps | 1 | 20% |
| SaaS | 1 | 20% |
| Big Data | 1 | 20% |
| Internet | 1 | 20% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 60% |
| Pre-Seed | 1 | 20% |
| Series A | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 60% |
| United Kingdom | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Shackle | Shackle is an app uses by hotels to provides and maintain hassel free hospitality services in a digital way to guests and travelers. | $5.5M | Seed | Jul 16, 2022 |  |
| GitStart | GitStart develops an online freelancer hiring platform to help businesses pass on their backlog work.GitStart automatically manages hundreds of remote developers and partners with their client’s engineering teams, accelerating their software development. GitStart is the secret sauce for companies to ramp up their software development capacity,on-demand.GitStart's mission is to build a strong tech community by bringing the most talented software developers into their platform and grow their clients’ businesses while acting as a career springboard for their community members. | $5M | Seed | May 12, 2022 |  |
| Kumo.AI | Kumo.AI is a SaaS AI platform that allows anyone in an organization to tackle predictive problems in business. It enables all non-technical and technical users, regardless of ML experience, to traverse all the major steps of a best practice ML lifecycle.The platform's users can immediately tackle a wide variety of predictive problems all ina single sitting, in application areas such as new customer acquisition, customer loyalty and retention, personalization and next best action, entity resolution and knowledge graph curation, abuse detection, financial crime detection, generation of ML features for data science teams, and more.Kumo.AI was founded in 2021 and is based in Mountain View, California. | $18.5M | Series A | Apr 07, 2022 |  |
| KiwiDrop | Enabling each individual to curate for the many |  | Seed | Sep 30, 2021 |  |
| KiwiDrop | Enabling each individual to curate for the many |  | Pre-Seed | Aug 30, 2021 |  |

5 of 5 investments shown.

## Co-investors
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund, 2 deals together
- [Audeo Ventures](https://shizune.co/investors/profile/audeo-ventures) — VC Fund, 1 deal together
- [A.Capital Ventures](https://shizune.co/investors/profile/capital-partners-l-p) — VC Fund, 1 deal together
- [Frontline Ventures](https://shizune.co/investors/profile/frontline-ventures) — VC Fund, 1 deal together
- [Neo](https://shizune.co/investors/profile/neo-innovation) — VC Fund, 1 deal together
- [Neo](https://shizune.co/investors/profile/neo-vc) — VC Fund, 1 deal together

## About Circle

VC Fund · Boston, United States

Circle is a financial technology company that develops and manages digital currencies and blockchain-based financial infrastructure. It issues USD Coin (USDC) and Euro Coin (EURC), both fully backed stablecoins designed for global payments and digital transactions. Circle's platform supports businesses in integrating stablecoins into theiroperations, including cross-border payments and financial applications. Through the Circle Payments Network, it enables real-time settlement for financial institutions using USDC and EURC.

5 contacts available at Circle.

| Name | Title | Profile |
| --- | --- | --- |
| Li Fan | Chief Technology Officer | https://shizune.co/investors/profile/li-fan-2 |
| Mohammed Urfan | Founder | https://shizune.co/investors/profile/mohammed-urfan |
| Aaron Kellner | Director | https://shizune.co/investors/profile/aaron-kellner |
| Ali Ahsan | Senior Product Manager | https://shizune.co/investors/profile/ali-ahsan |
| Conrad Voorsanger | Head of Ventures Ecosystem | https://shizune.co/investors/profile/conrad-voorsanger |

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## FAQ

### What does Li Fan invest in?

Li Fan invests primarily in Software, Apps and SaaS startups, most often at Seed and Pre-Seed stage. Most of the 5 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 Li Fan's check size?

Li Fan typically joins rounds of $5M–$5.5M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Li Fan participates in.

### When did Li Fan last invest?

The most recent investment recorded for Li Fan closed in Jul 2022. Shizune tracks 5 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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