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The Venture Codex

Outsiders Fund

New York, United States

Overview

Early-stage venture capital firm investing in disruptive technology.

Founded

2020

Deals · 12mo

5

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A
Series B

Geographic focus

Canada
United States

Sector focus

—

Investment portfolio

23rounds
NAMEDATESIZE
Breedr
Aug 2026Participated
$27 MSeries B
Emphere
Jun 2026Led
$2 MSeed
Slide
Mar 2026Participated
$70 MSeries B
Flux
Mar 2026Led
$37 MSeries B
Mobius Materials
Dec 2025Participated
$3 MSeed
Heave
Aug 2025Led
$7 MSeries A
Gradial
Mar 2025Participated
$13 MSeries A
Cercle
Sep 2024Led
$6 MSeed
Cercle
Sep 2024Led
$6 MSeed
Planned
Jul 2024Participated
$35 MSeries B
Apex
Jun 2024Participated
$95 MSeries B
Gradial
Feb 2024Participated
$5 MSeed
Breedr
Aug 2026Participated
$27 MSeries B
Emphere
Jun 2026Led
$2 MSeed
Slide
Mar 2026Participated
$70 MSeries B
Flux
Mar 2026Led
$37 MSeries B
Mobius Materials
Dec 2025Participated
$3 MSeed
Heave
Aug 2025Led
$7 MSeries A
Gradial
Mar 2025Participated
$13 MSeries A
Cercle
Sep 2024Led
$6 MSeed
Cercle
Sep 2024Led
$6 MSeed
Planned
Jul 2024Participated
$35 MSeries B
Apex
Jun 2024Participated
$95 MSeries B
Gradial
Feb 2024Participated
$5 MSeed
23
Items
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Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Outsiders Fund: 23 funding rounds are recorded in the selected participation categories.All available history.
Outsiders Fund: 23 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed45
Series A42
Series B15
Other Equity11

Monthly Deal Activity

Outsiders Fund: 23 deals are recorded across 71 months.All available history.
Outsiders Fund: 23 deals are recorded across 71 months. All available history
MonthDeals
Dec '201
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '211
Sep '211
Oct '211
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '231
Jan '240
Feb '241
Mar '240
Apr '240
May '240
Jun '241
Jul '241
Aug '240
Sep '242
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '262
Apr '260
May '260
Jun '261
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

Outsiders Fund: Enterprise Software is the largest displayed sector by deal count (6 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Outsiders Fund: Enterprise Software is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Enterprise Software6
AI & Machine Learning6
Health & Life Sciences5
Hardware & Robotics4
Media & Entertainment4
Cybersecurity & Privacy3
Consumer & Lifestyle3
Marketing & Advertising3
E-Commerce & Retail2
Real Estate & Construction2
Transportation & Logistics2
Networks, Cloud & Communication2
Developer Tools2
AR/VR1
Clean Energy & Sustainability1
Data, Analytics & IT1
Space & Frontier Tech1
Crypto & Blockchain1
Manufacturing1
Food & Agriculture1

Deal Size Distribution

Outsiders Fund: 23 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Outsiders Fund: 23 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M7
$10M-$25M6
$25M-$50M4
$50M-$100M2
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Outsiders Fund: United States has the largest recorded deal count among the displayed regions (17 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Outsiders Fund: United States has the largest recorded deal count among the displayed regions (17 deals). All available history
RegionDeals
United States17
Canada3
Europe2
750341
Outsiders Fund: 20 co-investors are shown, with General Catalyst sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Outsiders Fund: 20 co-investors are shown, with General Catalyst sharing 4 recorded deals. All available history
Co-investorShared deals
General Catalyst4
8VC3
Bain Capital Ventures2
CG Health Ventures2
Drive Capital2
FemHealth Ventures2
General Advance2
Innospark Ventures2
Liquid 2 Ventures2
Madrona Venture Group2
Rogue Women2
53 Stations1
AI2 Incubator1
Andreessen Horowitz1
AQN1
Avalon Capital Group1
Base10 Partners1
BBG Ventures1
Bemis Manufacturing Company1
Benchstrength1

Investment Strategy

Outsiders Fund: Led accounts for 43% and participating for 57% of round participation.All available history.
Outsiders Fund: Led accounts for 43% and participating for 57% of round participation. All available history
CategoryDeals (count)Share (%)
Led1043%
Participating1357%
Outsiders Fund: Single-lead accounts for 70% and co-led for 30% of lead dynamics.All available history.
Outsiders Fund: Single-lead accounts for 70% and co-led for 30% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead770%
Co-led330%

Team

Austin McChord

Managing Director

Michael Fass

Partner