SignalFire is a venture capital firm founded in 2013, headquartered in San Francisco, California. Distinguished by its integration of data and artificial intelligence, SignalFire has developed Beacon, an AI engine that tracks over 600 million employees and 80 million companies to guide investments and support portfolio companies. With over $2.1 billion in assets under management, the firm focuses on early-stage investments across sectors such as AI/ML, developer tools, B2B SaaS, healthcare, cybersecurity, and consumer industries.
SignalFire primarily invests in seed-stage startups but also participates in Series A and B rounds. The firm targets sectors including AI/ML, developer tools, B2B SaaS, healthcare, cybersecurity, and consumer industries, leveraging its proprietary Beacon AI platform to identify promising opportunities.
SignalFire said that it has raised over $1 billion in fresh capital, bringing its total assets under management to about $3 billion. This is the firm’s largest funding haul ever, exceeding the $900 million it raised two years ago.
Leadership
SignalFire is led by founder and CEO Chris Farmer. The leadership team includes partners such as Sooah Cho, focusing on health and life sciences tech, and Heather Doshay, leading people and talent initiatives.
Investment Strategy
The firm employs a tech-enabled approach, utilizing its Beacon AI platform to source and support investments. SignalFire offers portfolio companies resources such as in-house recruiters, data scientists, PR experts, and go-to-market leaders, along with programs like the Executive-in-Residence to pair startups with experienced industry leaders.
Notable Investments
SignalFire's portfolio includes companies like Grammarly, Frame.io, Flock Freight, Ro, Stampli, and ZineOne.
Notable Exits
While specific exits are not detailed in the provided sources, SignalFire has a history of successful investments in companies that have achieved significant growth and recognition in their respective industries.
