Venture CapitalRIA · CRD 288002SEC-RegisteredPrivate Fund Adviser

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500 Startups

500 Startups is an SEC-registered investment adviser founded in 2010. It's based in Mississauga, Ontario, and has been registered since 2017.

500 Startups logo

500 Startups

500 Startups is an SEC-registered investment adviser founded in 2010. It's based in Mississauga, Ontario, and has been registered since 2017. The firm operates globally with offices in multiple locations.

General information

Firm type

Venture Capital Firm

Year founded

2010

Location

Region

North America

Country

United States

City

Mississauga, Ontario

Corporate office

San Francisco, California, United States

Additional offices

Mexico City · Tokyo · Dubai

Principals

Dave McClure

Founder

Christine Tsai

CEO

Courtney Powell

Chief Operating Officer

Sector focus

Enterprise SoftwareFinTechDigital HealthAI/MLConsumer TechPropTechClimateTech

Frequently asked questions

Who runs investment decisions at 500 Startups?

CEO Christine Tsai oversees firm strategy, while investment decisions are distributed across a global network of venture partners and investment professionals. The firm uses data-driven tools to screen and select startups for its accelerator and direct investment programs (per public record).

How does 500 Startups source proprietary deal flow?

The firm relies on a network of over 200 venture partners across 70 countries who surface local opportunities. Additionally, its accelerator program acts as a funnel, bringing in hundreds of startups per cohort that are vetted by the firm's investment committee (per the firm's official communications).

What investment stages does 500 Startups typically target?

500 Startups invests primarily at the seed and Series A stages, with check sizes typically ranging from $100,000 to $2 million. The firm also occasionally makes follow-on investments in later rounds for high-performing portfolio companies (per public record).

Does 500 Startups participate in fund commitments or only direct deals?

500 Startups operates through direct investments and its accelerator program. The firm does not serve as a fund-of-funds; instead, it deploys capital directly into startups across its various sector and region-specific funds (per public record).

Which sectors does 500 Startups explicitly avoid?

The firm avoids heavy-asset industries like oil and gas, real estate, and infrastructure, focusing instead on scalable technology and tech-enabled services. It has traditionally steered clear of biotechnology and deep-science startups (per public record).

Where does the underlying wealth come from?

500 Startups is an institutional venture capital firm, not a family office. Its capital comes from limited partners including pension funds, endowments, and high-net-worth individuals. The founding team's personal wealth originated from technology success, but the firm itself is funded externally (per public record).

How is 500 Startups related to its founder Dave McClure?

Dave McClure founded the firm in 2010 and served as CEO until 2017, when he resigned following allegations of sexual harassment. Since then, the firm has been led by Christine Tsai, and McClure has no formal role in investment decisions or operations (per public record).

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