# Underdog Labs

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

## Overview

- **Organization type:** Private Equity
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** www.underdoglabs.io
- **LinkedIn:** https://www.linkedin.com/company/underdog-labs

## Regulatory record

- **CRD number:** 307308
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/307308

## About

Underdog Labs is a startup studio with locations in the SF Bay Area and New England. The firm has made 21 investments to date. Its most recent investment was in Pocket, a Pre-Seed round completed on March 30, 2026.

## Questions

### How does Underdog Labs differ from a traditional venture capital firm?

Underdog Labs is structured as a private equity firm, not a venture capital firm. While it operates in the same early-stage technology investment space, the private equity classification can carry different fund terms, holding periods, and governance expectations compared to standard 10-year venture partnerships. The exact operational implications are not publicly disclosed.

## Related profiles

- [Undefined Capital](https://altss.com/profile/undefined-capital)
- [Underground Ventures](https://altss.com/profile/underground-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/underdog-labs

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