XYZ Venture Capital, founded by Ross Fubini, has raised $325 million in two new funds and welcomed partners Camille Ricketts and Art Clarke from Notion and Apple. Fubini’s success in the Palantir network has propelled XYZ to the top of the Forbes Midas Seed List of earliest-stage investors. The firm invested early in companies like Anduril and Chapter, with notable successes in the public sector and beyond.
Chapter, a Medicare-focused startup, saw significant growth after partnering with XYZ. Fubini’s connections and expertise helped Chapter secure key partnerships and funding, leading to a $50 million round led by XYZ at a valuation of over $500 million. Fubini’s commitment to working hard and going above and beyond for his portfolio companies has earned him a reputation as an investor who doesn’t shy away from the grind.
With a growing team and hundreds of millions in assets under management, XYZ is doubling down on its investments and expanding its partnership. The addition of Ricketts and Clarke brings a wealth of experience in the tech industry, positioning XYZ to diversify its portfolio and explore new opportunities. The firm’s success with Anduril has set the stage for future wins, as XYZ continues to seek out promising startups and invest strategically.
Fubini’s early career as an engineering director led to a fortuitous introduction to the Palantir network, which ultimately shaped the trajectory of his investing career. Drawing on his experience as a former operator, Fubini has built XYZ into a powerhouse in the early-stage investing landscape. The firm’s focus on investing in Palantir alumni has proven successful, with investments in over a dozen companies founded by former Palantir employees.
XYZ’s recent fundraising success, with a $200 million early-stage fund and a $125 million opportunity fund, underscores the firm’s commitment to supporting promising startups and nurturing their growth. The addition of new partners and a growing portfolio of investments position XYZ for continued success in the competitive venture capital market. Fubini’s dedication to finding the next big thing and working tirelessly to support his portfolio companies sets XYZ apart as a top player in the industry.
As XYZ looks to expand its investments beyond the public sector and Palantir network, the firm remains focused on identifying promising startups and supporting their growth. With a diverse portfolio spanning industries like AI, healthcare, and mental health, XYZ is poised to continue its track record of success. Fubini’s vision for XYZ and his commitment to hard work and dedication to his portfolio companies set the firm apart as a leader in early-stage investing.
