Loading organizations...
Loading organizations...
Key people at Far Out Ventures.
Far Out Ventures (FOVC) is a pre-seed and seed-stage venture capital firm providing high-conviction capital and hands-on mentorship. The firm primarily supports entrepreneurs building vertical enterprise software solutions. It focuses on sectors such as fintech, SaaS, and business services, offering strategic guidance to develop foundational technologies in specific markets.
Established in 2022, Far Out Ventures was founded by General Partner Jonathan Fentzke. The firm’s genesis stems from the need for specialized, mentorship-driven support for mission-obsessed founders at their earliest stages. Based in Santa Barbara, California, it actively partners with entrepreneurs transforming specific industry verticals.
Far Out Ventures seeks visionary entrepreneurs developing innovative software for legacy industries. Its vision is to identify and foster companies with significant, often unrecognized, potential before broad market recognition. The firm’s mission centers on enabling these founders to realize ambitious goals and drive substantial impact within their respective domains.
Key people at Far Out Ventures.
Far Out Ventures is a pre-seed and seed-stage venture capital firm focused on investing in early-stage B2B software companies, particularly in sectors like SaaS, fintech, AI, and commerce. Their mission centers on providing not just capital but also hands-on mentorship and operational support to founders, helping them scale from idea or prototype stages through early revenue and beyond. They emphasize backing founders traditionally overlooked due to background, geography, or market, aiming to foster diverse, high-potential startups primarily in the US, Canada, and Latin America[1][3][4].
Founded in 2022 and based in California, Far Out Ventures was co-founded by Ian Hathaway and Jonathan Fentzke, who bring deep expertise in enterprise and vertical software investing. The firm evolved with a mentorship-driven model, pairing capital with active coaching on product development, go-to-market strategies, talent acquisition, and leadership. They often lead or co-lead pre-seed rounds with check sizes ranging from $250K to $750K and target companies with the potential to reach $100M+ revenue within 5-7 years[1][3][4].
Far Out Ventures rides the wave of increasing interest in early-stage B2B software startups, especially those automating complex, legacy enterprise processes. Their timing aligns with growing demand for digital transformation and AI-driven solutions in traditional industries. By focusing on overlooked founders and markets, they help diversify the startup ecosystem and bring fresh innovation to sectors often underserved by venture capital. Their mentorship approach also addresses a critical gap in early-stage support, improving founder success rates and ecosystem health[1][3].
Looking ahead, Far Out Ventures is positioned to deepen its influence by continuing to back high-potential, underrepresented founders in enterprise software. Trends like AI integration, fintech innovation, and vertical SaaS expansion will shape their portfolio’s growth. Their hands-on model and geographic diversity may enable them to identify and nurture breakout companies before they become mainstream. As the venture landscape evolves, Far Out Ventures’ combination of capital, mentorship, and inclusivity could make them a key player in shaping the next generation of B2B tech leaders[1][3][4].
