# Addition

Addition is a Private Equity based in New York, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** www.addition.com
- **LinkedIn:** https://www.linkedin.com/company/additionvc

## Regulatory record

- **CRD number:** 309075
- **SEC file number:** 802-119455
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/309075

## About

Addition is a venture capital firm based in New York. Addition invests in early and growth stage technology companies. The firm was founded with a mission to support visionary entrepreneurs on their journey to build impactful and enduring businesses.

## Sectors

- Enterprise Software
- FinTech
- Digital Health
- AI/ML
- Cybersecurity
- Consumer Internet

## People

- Lee Fixel — Founder

## Questions

### Who runs investment decisions at Addition?

Lee Fixel makes all material investment decisions as founder and sole managing partner. The firm has no investment committee beyond Fixel himself. This structure mirrors his tenure at Tiger Global, where he held a similar degree of personal discretion over the private portfolio.

### How does Addition source proprietary deal flow?

Addition relies on Fixel's personal network of founders and executives built over two decades in venture and growth equity, particularly in the US and India. The firm does not maintain a business-development team or external-sourcing function. Most portfolio companies are approached by Addition rather than participating in competitive processes.

### Does Addition participate in fund commitments or only direct deals?

Addition makes only direct equity investments in operating companies and does not invest as a limited partner in other funds. The firm does not operate a fund-of-funds program or participate in club deals through intermediaries.

### What investment stages does Addition typically target?

Addition concentrates on growth-stage and late-stage private companies with existing revenue and traction, though it has also taken public-equity positions in companies it backed pre-IPO. It generally avoids seed-stage and early-stage investing, preferring companies that have reached product-market fit and are seeking capital to accelerate scaling.

### How is Addition related to Tiger Global?

Addition was founded by Lee Fixel after his departure from Tiger Global Management in 2019, where he led private equity investing for 13 years. Addition is an entirely separate legal entity with no ownership or structural ties to Tiger Global. The two firms share a similar investment pace and sector focus, reflecting Fixel's continuity of strategy.

## Related profiles

- [Additio Investment Group](https://altss.com/profile/additio-investment-group)
- [Additio Ventures](https://altss.com/profile/additio-ventures)

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Last updated: 2026-08-11T15:05:57.154Z

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