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Fj Labs Management LP

SEC exempt reporting adviser (venture capital exemption).

HQ
NY

Fj Labs Management LP is a venture firm led by founding partners Fabrice Grinda and Jose Marin, with partners, investors, and venture partners on its team. The firm has invested in companies including Alibaba, Coupang, Flexport, Delivery Hero, Shipbob, Properly, Wallapop, and Rappi, among many others.

01 · Says / Does

TagSaysDoesHistorically (to 2020)
StagesNot statedNot enough dated dealsSeed, Series A, Series B
SectorsNot statedNot enough dated dealsEcommerce, Consumer, Marketplaces, Fintech, Enterprise SaaS, Construction and proptech, Logistics
RegionsNot statedNot enough dated dealsCA, NY

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.

YearDealsTop sectors
20081Enterprise SaaS
20114Gaming, Construction and proptech, Ecommerce
20135Marketplaces, Mobility, Ecommerce
201410Ecommerce, Consumer, Fintech
201537Ecommerce, Consumer, Fintech
201653Ecommerce, Consumer, Enterprise SaaS
201757Ecommerce, Consumer, Fintech
201861Ecommerce, Marketplaces, Fintech
201944Ecommerce, Marketplaces, Consumer
202016Ecommerce, Fintech, Marketplaces

Stage mix over time

2011 Seed: 22011 Series A: 12011 Series B: 111122013 Seed: 4132014 Seed: 52014 Series A: 3142015 Seed: 182015 Series A: 62015 Series B: 92015 Growth: 2152016 Seed: 192016 Series A: 112016 Series B: 102016 Growth: 3162017 Pre-seed: 22017 Seed: 222017 Series A: 122017 Series B: 72017 Growth: 5172018 Pre-seed: 22018 Seed: 232018 Series A: 142018 Series B: 92018 Growth: 4182019 Pre-seed: 12019 Seed: 142019 Series A: 152019 Series B: 72019 Growth: 2192020 Seed: 32020 Series A: 82020 Series B: 22020 Growth: 120212223242526
  • Pre-seed
  • Seed
  • Series A
  • Series B
  • Growth
Share of rounds by stage, per year. Striped years have fewer than 3 rounds.Historical focus (through 2020), derived from historical deal data.
Rounds by stage and year
YearPre-seedSeedSeries ASeries BGrowth
201102110
201200000
201304000
201405300
2015018692
201601911103
20172221275
20182231494
20191141572
202003821
202100000
202200000
202300000
202400000
202500000
202600000

02 · Fund history

FundYearSizeStatus
FJ Labs IV, LP

Early-stage investor focused on marketplaces and network effect businesses with scalable, capital efficient models and sound unit economics. Co-invests alongside institutional venture funds and looks for founders who can execute on their vision. Inferred from the firm's website

2025$73.53M (Form D)Raising
FJ Labs Archangel I, LP2021$117.17M to $124.9M (Form D and SEC adviser filing)Follow-ons only
FJ Labs III, LP2021$122.08M to $148.79M (Form D and SEC adviser filing)Follow-ons only

03 · People across funds

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

  1. HTTP://WWW.FJLABS.COM
  2. https://www.fjlabs.com/
  3. https://www.fjlabs.com/team

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026