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AGFUNDER GP IV, LLC
AgFunder is a hybrid venture capital firm and media platform, founded in 2013, that invests exclusively in early-stage agrifood technology companies.
AGFUNDER GP IV, LLC
AGFUNDER GP IV, LLC is a registered investment adviser with the SEC, based in San Francisco, CA.
General information
Firm type
Venture Capital
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, California, United States
Principals
Rob Leclerc
Founding Partner
Michael Dean
Founding Partner
Sector focus
Frequently asked questions
How does AgFunder source its deals compared to a traditional venture firm?
AgFunder uses its media arm, AgFunderNews, as a primary deal-sourcing funnel. The publication attracts agrifood founders globally seeking visibility, which gives the investment team an early look at emerging startups. The firm also operates an agrifood venture database that tracks thousands of deals annually, creating a proprietary intelligence layer most sector-agnostic VCs do not have.
Is AgFunder a single-family office or a venture capital fund manager?
AgFunder is a registered venture capital fund manager. It raises committed capital through a traditional limited-partner structure and also operates the Grové platform, which allows accredited individuals, often family offices, to co-invest alongside the fund in specific deals on a deal-by-deal basis.
What is the Grové platform and how does it relate to AgFunder's core funds?
The Grové platform is a closed-network investment vehicle operated by AgFunder that allows accredited investors to co-invest in individual agrifood technology deals alongside the firm's primary venture funds. It effectively creates an on-demand syndicate model on top of the blind-pool fund structure, giving AgFunder additional capital flexibility for pro-rata follow-ons and larger allocation demands.
What investment stages does AgFunder typically target?
AgFunder is stage-agnostic within early-stage technology, writing initial checks at the seed and Series A stages. The firm reserves capital for follow-on investments into breakout portfolio companies through subsequent vehicle iterations.
Does AgFunder invest exclusively in US companies?
No. While a majority of historical deal flow has originated in North America, AgFunder has invested in companies based in Canada, China, and Latin America, reflecting the global nature of agricultural supply chains and food production technology.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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