Freestyle Capital


Freestyle Capital is a venture capital firm focused on early stage investments in technology, financial technology, media, telecommunications, internet software and consumer and web-based technology companies. The firm was founded in 2009 by Josh Felser and Dave Samuel and is based in San Francisco, California.

History

Prior to Freestyle, Felser and Samuel founded and sold two companies together. In 1996, they launched internet radio service Spinner, which they sold to AOL in 1999 for $320 million. In 2004, they founded video sharing network Grouper, which they sold to Sony Corp. in 2006 for $65 million.
Felser and Samuel started Freestyle in 2009, making angel investments with their own money. Some of those investments include CoTweet, Get Satisfaction and CrowdFlower. In 2011, Freestyle announced a formal fund of $27 million. In 2012, SalesForce bought portfolio company GoInstant for more than $70 million.
Freestyle raised its second fund of $40 million in 2013 and their third fund of $60 million in 2015.
Jenny Lefcourt joined Freestyle toward the end of Fund II and became an equal partner at the close of Fund III. Prior to Freestyle, Lefcourt founded WeddingChannel.com, which was acquired by The Knot, and Bella Pictures, which was acquired by CPI Corp. Notable investments from the first three funds include Intercom, Patreon, Narvar, Digit, Wag, Betterup and Airtable.
In 2017, Freestyle raised $90 million for its fourth fund.

Notable Investments