# Flybridge

> Flybridge is an early-stage venture capital firm, founded in Boston in 2002 and now split between Boston and New York, that backs founders building AI-native companies. It manages more than $1 billion across a family of seed and pre-seed funds, keeps individual funds small - around $150 million - so partners can stay close to founders, and has backed companies from Day Zero to breakout, including MongoDB, Firebase, BitSight, Chief and FalconX.

- **Founded:** 2002
- **Headquarters:** Boston, United States
- **Founders:** Chip Hazard (General Partner and Co-Founder), Jeff Bussgang (General Partner and Co-Founder)
- **Team size:** ~25
- **Products:** Seed Fund, Next Wave (Pre-Seed), XFactor Ventures, The Community Fund, The Graduate Syndicate
- **Notable:** Backed 200+ companies and 8 unicorns since 2002, Early investor in MongoDB (NASDAQ: MDB) and Firebase (acquired by Google), Co-founded XFactor Ventures, one of the most active seed funds backing women, with 100+ investments

## Products & services

- **Seed Fund** — Lead seed investments of roughly $1M-$3M in AI-native software, infrastructure and applications, led by the general partners and investment team.
- **Next Wave (Pre-Seed)** — Pre-seed program writing checks up to $250K, run with independent investment partners who are seasoned founders and operators. Next Wave NYC is led by operators from Brex, Casper, Foursquare, Snowflake and others.
- **XFactor Ventures** — Network Fund co-founded in 2016 to back companies with at least one woman founder; 100+ investments to date.
- **The Community Fund** — Network Fund focused on underestimated founders building community-driven companies.
- **The Graduate Syndicate** — Network Fund backing founders who recently graduated, sourced through the alumni network.
- **LTV Operators** — Network Fund made up of C-level executives at unicorn startups who invest and advise alongside Flybridge.
- **100 Women in AI** — Community and platform initiative supporting women building in artificial intelligence.

## Achievements

- Backed 200+ companies and 8 unicorns since 2002
- Early investor in MongoDB (NASDAQ: MDB) and Firebase (acquired by Google)
- Co-founded XFactor Ventures, one of the most active seed funds backing women, with 100+ investments
- Manages more than $1 billion across seed and pre-seed funds
- Exits include Codecademy, BetterCloud, BitSight, Splice and Plastiq

## Latest updates

- **2025-09** — Announced Flybridge 2025, its latest fund, doubling down on AI-native founders.
- **2025** — Expanded Next Wave NYC pre-seed activity with operators from leading AI and consumer companies.
- **2026** — Portfolio surpassed 200 companies with 8 unicorns.

## Links

- Website: https://flybridge.com
- LinkedIn: https://www.linkedin.com/company/flybridge-capital
- Twitter/X: https://twitter.com/flybridge
- YouTube: https://www.youtube.com/watch?v=HD_mPgKVJ40
- Facebook: https://facebook.com/pages/Flybridge-Capital-Partners/8668964614

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Profile page: https://yespress.io/flybridge
Published by YesPress — https://yespress.io
Last updated: 2026-08-16
