Friends & Family Capital

Co-Founder and Managing Partner Colin Anderson leads the investment team alongside Co-Founder Catherine Andrews. Anderson spent more than a decade at Palantir Technologies prior to launching the firm. The broader partnership draws on deep operator networks across the enterprise-software ecosystem, though the firm does not publicly list additional general partners or investment committee members.

The firm sources proprietary deal flow through a limited-partner base composed exclusively of technology founders and senior operators. These LPs function as an informal intelligence network, surfacing early signals from within their own companies and professional circles. The firm has stated publicly that this structure provides an information advantage absent in venture firms that rely primarily on inbound pitch decks and banker introductions.

Friends & Family Capital targets growth-stage and late-stage venture companies, typically post-product-market fit, with initial checks ranging from $5 million to $25 million. The firm also participates in secondary transactions where existing shareholders seek liquidity. It avoids seed and pre-seed stages, concentrating instead on companies with proven revenue and scaling needs.

Publicly confirmed positions include Anduril Industries, the defense-technology firm; Applied Intuition, the autonomous-vehicle simulation platform; and Verkada, the enterprise physical-security provider. The firm concentrates on enterprise technology, including software, AI infrastructure, defense technology, and cybersecurity.

No. The firm deliberately restricts its limited-partner base to active and former technology operators, founders, and senior executives. It has not sought capital from endowments, pension funds, or other traditional institutional LPs, a structural choice intended to preserve the alignment and network integrity that underpins its sourcing model.

Colin Anderson, the firm's managing partner and co-founder, spent over a decade at Palantir Technologies before leaving to launch Friends & Family Capital in 2019. His professional relationships from that period inform the LP base and deal flow, and former Palantir colleagues were among the earliest backers of the debut fund. The firm operates independently and has no formal corporate affiliation with Palantir.

The firm has not disclosed any philanthropic foundation or donor-advised-fund structures. Its mandate is exclusively venture and growth-stage investing on behalf of its operator limited-partner base.