Elefund Management Company, LLC
SEC exempt reporting adviser (venture capital exemption).
- Website
- HTTPS://WWW.ELEFUND.COM/
- HQ
- CA
Elefund Management Company, LLC invests in various industries and stages, from Fintech to AI and Enterprise, seed to scale. Serik Kaldykulov is Founder and Managing Partner, Nathan Rodland and Ross Glasser are General Partners, and Rasheen Smith is a Venture Partner. Portfolio companies include Robinhood, Carta, Groq, and Talos.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Seed, Series A |
| Sectors | AI applications, Enterprise SaaS, Fintech | Not enough dated deals | Fintech, Insurtech, Digital health |
| Regions | Not stated | Not enough dated deals | CA, DC |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2013 | 5 | Fintech, Crypto and Web3, Digital health |
| 2014 | 2 | Hardware, Fintech, Mobility |
| 2016 | 3 | Fintech, Construction and proptech, Enterprise SaaS |
| 2017 | 1 | Fintech, Insurtech |
| 2018 | 5 | Fintech, Crypto and Web3, Devtools |
| 2019 | 6 | Fintech, Construction and proptech, Data analytics |
| 2020 | 1 | Fintech, Insurtech |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2013 | 0 | 4 | 0 | 0 | 0 |
| 2014 | 0 | 1 | 1 | 0 | 0 |
| 2015 | 0 | 0 | 0 | 0 | 0 |
| 2016 | 0 | 3 | 0 | 0 | 0 |
| 2017 | 0 | 1 | 0 | 0 | 0 |
| 2018 | 0 | 1 | 4 | 0 | 0 |
| 2019 | 0 | 3 | 2 | 1 | 0 |
| 2020 | 0 | 0 | 0 | 1 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Elefund III, L.P. Elefund invests in various industries and stages, from Fintech to AI and Enterprise, from seed to scale. The firm backs founders building transformative products that align with market tailwinds, seeking product-market fit. Inferred from the firm's website | approx. 2023 | $100M (Form D) | Open, writing first checks |
03 · People across funds
- Nathan Rodland, General Partner
Elefund III, L.P. (Named on Form D)
- Serik Kaldykulov, Founder/Managing Partner
Elefund III, L.P. (Named on Form D)
- Rasheen Smith, Venture Partner
Elefund III, L.P. (Team)
- Ross Glasser, General Partner
Elefund III, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- HTTPS://WWW.ELEFUND.COM/
- https://elefund.com/
- https://elefund.com/portfolio/
- https://elefund.com/portfolio/robinhood/
- https://elefund.com/about-us/
- https://elefund.com/portfolio/hotel-engine/
- https://elefund.com/portfolio/talos/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026