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Moxxie Ventures closed its third fund with $95 million in commitments on July 30, 2024, exceeding its original $85 million target by $10 million, or approximately 11.8%. The early-stage firm, founded by former Twitter global-media executive Katie Jacobs Stanton, said it planned to begin deploying the capital in 2025.
This was a 2024 fundraise, not a new 2026 announcement. Available reporting does not establish that Moxxie has raised a fourth fund since then.
What Moxxie Ventures raised
Moxxie Ventures’ third fund closed at $95 million, according to TechCrunch’s report on the announcement. The firm had initially targeted $85 million, making the final close $10 million larger than planned.
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Moxxie said it expected to start deploying Fund III in 2025. The raise was notable because emerging managers—particularly firms raising their first, second, or third funds—were operating in a difficult venture-capital fundraising environment.
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The $95 million represents fund commitments. It is not necessarily Moxxie Ventures’ total assets under management, capital already invested, revenue, profit, or money reserved exclusively for new investments. Venture funds generally allocate capital among initial investments, follow-on rounds, fees, and other expenses.
Who leads Moxxie Ventures?
Katie Jacobs Stanton founded Moxxie after serving as Twitter’s head of global media. She previously worked in the Obama administration and co-founded the investment collective #Angels with female Twitter executives and alumni. Her earlier personal investments included companies such as Carta, Coinbase, and Airtable.
Those personal and #Angels investments provide context for Stanton’s investing background, but they should not be treated as the same thing as returns from Moxxie’s institutional funds.
Moxxie’s other general partner is Alex Roetter, who previously served as a senior vice president of engineering at Twitter. Together, Stanton and Roetter give the firm a leadership team combining media, technology, and operating experience.
Moxxie’s investment strategy
Moxxie primarily invests at the pre-seed and seed stages. Its reported median initial investment was about $1.5 million, with an aim of acquiring roughly 10% ownership in a startup at the initial investment.
The 10% figure is a target, not a guaranteed term-sheet requirement. Actual ownership can vary with a company’s valuation, round size, option-pool treatment, syndicate structure, and pro-rata rights. Likewise, a $1.5 million check does not imply a fixed valuation policy; as an illustration only, a $1.5 million investment for 10% would correspond to a $15 million post-money valuation.
Moxxie describes itself as a generalist early-stage investor, although it has shown particular interest in:
- Health technology
- Climate technology
- Software as a service
- Artificial-intelligence applications
- Robotics
One cited portfolio company is Jacobi Robotics, which is developing AI-based motion-planning technology. These areas are preferences rather than an exclusive sector mandate.
A focus on overlooked founders
Moxxie says it seeks to back early-stage founders who may be overlooked by conventional venture firms, including underrepresented founders. Stanton said approximately one-third of Moxxie’s portfolio companies were led by women and approximately one-half had been founded by Black, Indigenous, or other people of color.
Those percentages were attributed to Stanton and were not independently audited statistics in the available coverage. They also do not mean that Moxxie invests exclusively in women or BIPOC founders. They describe reported portfolio composition alongside the firm’s broader early-stage strategy.
Who backed the fund?
Publicly identified limited partners and institutional backers included:
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1Fix the driver behind crashes, sound loss and screen glitches2Clear out junk files and repair common Windows errors3Scan for outdated or missing drivers - takes under a minute- Cendana Capital
- Accolade Partners
- The Nature Conservancy
- Global Endowment Management, an outsourced chief-investment-office provider
- Several universities
Cendana founder Michael Kim highlighted Stanton’s broad network among seed-stage investors. Sapphire Partners also publicly congratulated Moxxie, Stanton, and Roetter and described itself as a partner in the firm’s journey. That supports Sapphire’s relationship with Moxxie but does not establish a complete LP roster.
The available reporting did not disclose individual commitment sizes, the proportion of returning versus new LPs, or whether every named institution invested in earlier Moxxie funds.
What the portfolio evidence shows—and does not show
At the time of the fund announcement, TechCrunch cited portfolio companies including Certn, an identity-verification company that had raised an $80 million Series B in the previous year, and Spellbook, an AI legal-contract drafting copilot that had raised a $20 million Series A led by Innovia.
Those financing rounds indicate that portfolio companies had attracted additional institutional capital. They do not prove Moxxie’s realized returns, because a company’s later financing is not the same as an exit or distribution to fund investors. The report said Moxxie had not yet realized meaningful exits when Fund III was announced.
What the $95 million means for founders
For a founder evaluating Moxxie, the headline amount matters less than the fit between the company and the fund’s approach. Useful questions include:
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- Is the company raising at the pre-seed or seed stage?
- Is the financing need compatible with a reported median initial check of about $1.5 million?
- How would a roughly 10% ownership objective affect the round and dilution?
- Which partner would work with the company after the investment?
- Does the firm have relevant operating, recruiting, customer, or fundraising networks for the company’s sector?
- How much capital does Moxxie reserve for follow-on investments?
- What follow-on support and pro-rata participation can the firm provide?
- How does Moxxie’s investment pace compare with other seed investors in the round?
A fund’s close size does not by itself determine how many startups it will back. For perspective, dividing $95 million by the reported $1.5 million median check produces roughly 63 median-sized checks, but that is only a mathematical illustration. It ignores reserves, follow-ons, expenses, varying check sizes, and portfolio construction.
Why the raise mattered to LPs and emerging managers
Closing above target demonstrated institutional support for Moxxie’s team and early-stage thesis during a challenging market for emerging venture managers. It may also reflect Stanton’s network, the team’s reputation, the firm’s founder-focused strategy, and LP interest in early-stage exposure.
It does not, however, establish that Moxxie had generated strong fund returns. Stanton’s personal investment history, unrealized portfolio financing milestones, and realized institutional-fund performance are three different measures. At the time of the announcement, the available reporting did not provide fund-level distributions, net internal rates of return, multiples, or other independently verifiable performance data.
Bottom line
Moxxie Ventures’ $95 million Fund III was a meaningful fundraising outcome: the firm exceeded its $85 million target while preparing to invest primarily in pre-seed and seed companies. Its reported $1.5 million median check, roughly 10% ownership objective, interest in sectors such as AI and climate technology, and emphasis on overlooked founders give founders a clearer picture of the strategy.
But the raise is evidence of fundraising momentum—not proof of investment success. Moxxie’s eventual results will depend on how it deploys the capital, constructs the portfolio, supports companies, manages follow-ons, and ultimately realizes returns.
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