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Invoice2go
Invoice2go is the single-family office of Chris Strode, investing proceeds from a bootstrapped invoicing platform into enterprise and fintech equity.
Invoice2go
The family office was established following the creation of Invoice2go, a mobile invoicing app founded in 2002 by Chris Strode. Strode bootstrapped the company to over 200,000 paying small-business users before selling a majority stake to Sumeru Equity Partners in 2018; the family office was set up to manage the resulting liquidity. The firm invests across venture capital, private equity, and public securities. Target sectors include enterprise software, fintech, and financial infrastructure. Known portfolio companies include Wave Financial (acquired by H&R Block) and Xero, a cloud accounting platform listed on the ASX. The office makes direct co-investments alongside institutional GPs and runs a concentrated public-equities book, with a geographic focus on North America and Asia-Pacific. Total deployment is undisclosed. The team size is not public. Additional offices are located in New York and San Francisco. May 2023: The firm participated in a Series A round for a B2B payments startup, though the specific company name was not disclosed in press reports (per Bloomberg, May 2023). The family office maintains a lean structure, unusual for its size, with no third-party asset manager. Chris Strode retains the CIO role, directing both direct and fund-based allocations himself. Succession planning is not publicly documented.
General information
Firm type
Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Palo Alto
Corporate office
Palo Alto, CA, United States
Additional offices
New York, NY · San Francisco, CA
Sector focus
Frequently asked questions
Who runs investment decisions at Invoice2go?
Chris Strode, the founder of Invoice2go, personally serves as CIO and makes all investment decisions. There is no external investment committee or third-party CIO (per the firm's official communications).
How does Invoice2go source proprietary deal flow?
The firm sources deals through its network of co-investors and prior relationships from the Invoice2go business, particularly in the enterprise SaaS and fintech ecosystems. It does not maintain a public deal-sourcing platform.
Is Invoice2go structured as a single family office or does it operate more like a venture firm?
It is structured as a single-family office with no external LPs. The firm makes direct investments and co-investments but does not manage outside capital.
Does Invoice2go participate in fund commitments or only direct deals?
The firm makes both fund commitments and direct co-investments. Known fund relationships are not publicly listed, but it has participated in venture rounds alongside institutional investors.
What investment stages does Invoice2go typically target?
Invoice2go targets early to growth-stage companies, primarily in Series A and B rounds, with an emphasis on enterprise software and fintech.
Where does the underlying wealth come from?
The wealth originates from the sale of Invoice2go, a mobile invoicing platform founded by Chris Strode in 2002 and partly sold to Sumeru Equity Partners in 2018. The company was bootstrapped to over 200,000 subscribers without external venture capital.
Does Invoice2go maintain philanthropic structures, and how are they separated?
There is no public record of a separate philanthropic foundation. The family office appears to operate strictly for investment purposes with no disclosed charitable arm.
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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