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Lee Fixel is the Founder and Managing Partner of Addition, a venture capital firm based in New York. Before launching his own fund, he spent over a decade at Tiger Global Management, joining in 2006 and eventually serving as a partner and head of the firm's private equity business until his departure in March 2019. Under his leadership as the sole decision-maker, Addition has accumulated $6.5 billion in assets under management and completed approximately 87 total startup investments since its inception. His extensive investment portfolio includes notable technology and consumer brands such as Stripe, Freshworks, Warby Parker, and Peloton, where he previously served on the board of directors. The Washington University graduate currently focuses on deploying capital across early and growth-stage technology companies, with a specific emphasis on founder-led e-commerce, software, and fintech enterprises.
Lee Fixel stands as one of the most influential figures in global technology investing, widely recognized for his exceptional foresight and strategic acumen. As the founder of Addition, a growth equity firm launched in 2020, Fixel continues to shape the landscape of high-growth technology companies worldwide. His firm focuses on providing significant capital and strategic support to businesses poised for rapid expansion and market leadership.
At Addition, Lee Fixel leads the charge in identifying and executing investments across a diverse range of high-growth sectors. His investment focus areas include enterprise software, internet services, financial technology (fintech), e-commerce, consumer technology, and healthcare technology. Fixel and his team at Addition are particularly interested in companies that demonstrate strong product-market fit, innovative business models, and the potential for global scale, often backing founders with ambitious visions to disrupt established industries or create entirely new markets.
Before establishing Addition, Fixel built an illustrious career as a partner at Tiger Global Management, where he spearheaded their private equity investment division for over 13 years. During his tenure at Tiger Global, he developed a legendary track record, becoming synonymous with early and impactful investments in some of the world's most successful technology companies. His strategic insights and willingness to invest aggressively in promising ventures helped propel numerous startups into global powerhouses.
Among the notable investments associated with Lee Fixel's career are transformative companies such as Flipkart, India's leading e-commerce platform; JD.com, a major Chinese e-commerce giant; Peloton, the interactive fitness company; and Spotify, the global music streaming service. He also played a key role in early investments in social media and networking giants like Facebook and LinkedIn. This extensive background in identifying and nurturing market-leading companies forms the bedrock of Addition's investment strategy, leveraging Fixel's deep experience and expansive network.
Fixel's investment philosophy is characterized by a conviction-driven approach, often involving substantial capital commitments to a select number of companies. He is known for his ability to move quickly and decisively, backing strong management teams and innovative technologies that he believes have the potential for exponential growth. Through Addition, Lee Fixel continues to be a pivotal force in the global venture capital and growth equity ecosystem, empowering the next generation of technology leaders.
Lee Fixel is a highly respected investor and the founder of Addition, a growth equity firm. He is renowned for his strategic investments in high-growth technology companies globally, having previously built a legendary track record at Tiger Global Management.
Lee Fixel, through Addition, invests in high-growth technology companies across various sectors. His focus areas include enterprise software, internet services, financial technology (fintech), e-commerce, consumer technology, and healthcare technology, often targeting businesses with global scaling potential.
Lee Fixel is the founder of Addition, a growth equity firm that he established in 2020. Prior to founding Addition, he was a prominent partner at Tiger Global Management, where he led their private equity investment division.