David Sacks

Verified

General Partner at Craft VenturesSan Francisco, United States

SeedSeries ASaaSAI / MLFintech

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Hot

Check Size

$2.0M — $15.0M

Activity Score

91/ 100

Reliability Score

🎯33% of deals in Dev Tools

📉Pace slowed from 2 to 1 deals (2021→2023)

💰Avg check: $54.8M

🏗️Primarily invests at Seed stage

Investment Thesis

Former PayPal COO and Yammer founder. Prolific SaaS investor.

Investment Timeline

Postman

$3.7M

Jul 2023

Celsius NetworkDead 2022

$150.0M

Nov 2021

Clari

$10.6M

May 2021

Portfolio Breakdown

By Sector

Dev Tools1 deal · 33%

Web3 / Crypto1 deal · 33%

SaaS1 deal · 33%

By Stage

Seed1 deal · 33%

Series B1 deal · 33%

Series A1 deal · 33%

3 tracked deals3 sectors · 3 stages

Deal Velocity

Avg Deals / Year

1.0

Avg Deal Size

$54.8M

Largest Deal

Celsius Network

$150.0M

YoY Trend

Accelerating

Deals Per Year

3 total deals tracked2021–2023

Investment Activity Map

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2021

2022

2023

Less

Current Fund Status

Fund Name

Craft Ventures Fund 1

Reported Size

$3.0M

Deploy Progress (Est.)

18% Deployed

Co-Investors

No co-investment data available yet.