Private EquityRIA · CRD 316691SEC-RegisteredPrivate Fund Adviser

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Portfolia

Portfolia is an SEC-registered investment adviser in San Mateo, CA, registered since 2021. It is headquartered in San Mateo, CA. Portfolia advises clients on...

Portfolia logo

Portfolia

Portfolia is an SEC-registered investment adviser in San Mateo, CA, registered since 2021. It is headquartered in San Mateo, CA. Portfolia advises clients on investments.

General information

Firm type

Private Equity

Year founded

2015

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Mateo

Corporate office

San Mateo, United States

Principals

Nola Masterson

Venture Partner

Faz K. Bashi, MD

Venture Partner

Jennifer Fried

Venture Partner

Sonia Arrison

Venture Partner

Delphine O'Rourke

Venture Partner

Sector focus

Digital HealthFemTechFinTechClimateTechLongevity

Frequently asked questions

How does Portfolia source its deals?

Portfolia sources through a network of venture partners who are domain experts in specific sectors — such as Nola Masterson in biotech and Faz K. Bashi, MD in life sciences. These partners leverage their professional networks to identify and vet companies that align with fund themes like women's health and longevity. The firm's LP base also influences sourcing by signaling market demand that guides fund creation.

What investment stages does Portfolia typically target?

Portfolia invests across early-stage, seed, startup, and expansion/late-stage venture rounds. The firm's strategy is balanced, allowing it to participate in both initial rounds and later-stage follow-ons within its thematic funds. This stage flexibility is designed to support companies from inception through growth.

Does Portfolia operate as a single fund or multiple funds?

Portfolia operates a family of thematic venture capital funds, each targeting a specific sector such as women's health, longevity, fintech, or greentech. This structure allows investors to allocate to the themes that align with their interests. The Rising America Fund targets underrepresented founders, adding a demographic lens alongside sector-specific funds.

Who runs investment decisions at Portfolia?

Investment decisions are led by Portfolia's venture partners, a group that includes Nola Masterson (biotech pioneer), Faz K. Bashi, MD (life sciences), Jennifer Fried (healthcare entrepreneur), Sonia Arrison (longevity), and Delphine O'Rourke (women's health legal strategist). Each partner drives deal sourcing, due diligence, and portfolio support within their domain of expertise.

Is Portfolia focused only on women's health?

While Portfolia emphasizes women's health — where it claims the #1 investor position — the firm's thematic funds also cover longevity, fintech, greentech, and underrepresented founders via the Rising America Fund. The common thread is investing in companies that address needs identified by its predominantly female LP base, which extends beyond a single sector.

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