# Footwork

Footwork is a Private Equity based in San Francisco, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** Dogpatch, San Francisco, CA, United States
- **Founded:** 2021
- **Assets under management:** $400M across two funds (per the firm, 2025-2026)
- **Website:** www.footwork.vc
- **LinkedIn:** https://www.linkedin.com/company/footworkvc

## Regulatory record

- **CRD number:** 315000
- **SEC file number:** 802-121688
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/315000

## About

Footwork is an early-stage focused venture capital firm. They lead and co-lead Series A and Seed rounds in companies with early signs of product-market fit, typically investing between $1 and $15 million initially. They focus on consumer technology and the consumerization of enterprise technology. Their equal partnership combines world-class investing and operating experience.

## Sectors

- Consumer Tech
- Enterprise Software
- FinTech
- Digital Health
- ClimateTech
- AI/ML

## People

- Mike Smith — Co-Founder & Managing Partner
- Nikhil Basu Trivedi — Co-Founder & Managing Partner

## Questions

### Who runs investment decisions at Footwork?

Investment decisions are made by the two co-founders and managing partners, Mike Smith and Nikhil Basu Trivedi. The firm is structured as an equal partnership with no announced junior partners, meaning every commitment is the product of a direct decision-making dialogue between Smith's operational background and Basu Trivedi's venture-investing background.

### How does Footwork's dual-operator and investor background shape its decisions?

Mike Smith served as President and COO of Stitch Fix from its founding through IPO, and was previously COO of Walmart.com. Nikhil Basu Trivedi was Managing Director at Shasta Ventures, where he sourced early investments in Canva, ClassDojo, and The Farmer's Dog. This partnership structure means every deal is evaluated simultaneously for its scaling-execution feasibility and its venture-return potential.

### Which sectors does Footwork explicitly target?

Footwork concentrates on consumer technology and what it calls the consumerization of enterprise technology — tools built with user experiences refined enough for mass adoption. Portfolio examples include Cradlewise, a consumer hardware baby crib, and Watershed, an enterprise climate-data platform, illustrating the thematic range.

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

Footwork operates exclusively as a direct investor, leading and co-leading primary rounds. There is no indication from public firm materials that it allocates capital as a limited partner to other venture funds or engages in secondary transactions.

## Related profiles

- [FootPrint Coalition](https://altss.com/profile/footprint-coalition)
- [Forage Capital Partners](https://altss.com/profile/forage-capital-partners)

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Last updated: 2026-08-11T15:06:49.768Z

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