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§ Venture Capital · San Francisco, CA, USA
Pre-product venture capital fund investing in early-stage founder teams with $250K–$500K checks, focused on B2B SaaS, AI/ML, and healthtech.
Key people at 43.
43 is a San Francisco, California-based pre-product venture capital fund that invests in founder teams at the earliest stages before they have launched products or achieved market traction. The firm operates as a Day 0 investor, writing initial checks ranging from $250,000 to $500,000 to lead first institutional rounds with targeted ownership of five to seven percent. Limiting its volume to approximately five investments per fund cycle, the generalist firm focuses heavily on B2B software-as-a-service, artificial intelligence, developer tools, and healthcare technology. Across its history, the firm has backed over 70 portfolio companies, including notable technology startups such as Klaviyo, Notion, Vercel, Roofr, and Baseten. Recently, the fund participated in a $2.7 million seed funding round for Riza in April 2025. 43 was founded in 2021 by Soso Sazesh, alongside partners Dustin Dolginow and Anabel Paksoy.
Key people at 43.
Figma is a cloud-based collaborative design platform that enables teams to create, prototype, and iterate on user interfaces and digital products in real time. Its core product suite—Figma Design, FigJam, Dev Mode, Sites, Make, and Draw—serves designers, developers, product managers, and cross-functional teams across industries. Figma solves the longstanding problem of fragmented, siloed design workflows by bringing all stakeholders together in a single, browser-based environment, eliminating the friction of traditional desktop tools and enabling seamless collaboration regardless of location. The company has experienced explosive growth, with over 4 million users as of 2024 and adoption by major enterprises like Airbnb, Microsoft, Netflix, and Salesforce. Its product-led growth strategy has fueled rapid expansion, and it now holds over 40% market share in the design collaboration space.
Figma was founded in 2012 by Dylan Field and Evan Wallace, both computer science students at Brown University. Inspired by the collaborative workflows of tools like Google Docs, they set out to build a browser-based design tool that would allow multiple users to work on the same file simultaneously. After experimenting with various ideas—including drone software and meme generators—they settled on a web-based graphics editor. The company launched publicly in 2016 and quickly gained traction among designers and developers, especially as remote and hybrid work became more prevalent. Early adoption by startups and tech-forward teams laid the foundation for Figma’s enterprise expansion, and by 2024, it had become the primary UI design tool for the majority of product designers worldwide.
Figma is riding the wave of remote work, distributed teams, and the increasing importance of design in product development. The shift toward cloud-native tools and the demand for real-time collaboration have accelerated its adoption across industries. Figma’s success reflects a broader trend: the democratization of design and the blurring of lines between designers, developers, and other stakeholders. By centralizing design systems and enabling seamless collaboration, Figma is helping organizations scale their product development processes and maintain consistency across teams. Its influence extends beyond design, shaping how companies approach innovation, agility, and cross-functional teamwork in the digital age.
Figma’s future is bright, with continued innovation in AI, deeper integration with development workflows, and expansion into new markets. The company’s recent IPO and acquisition of AI startups signal its ambition to lead the next generation of creative tools. As the lines between design, development, and product management continue to blur, Figma is well-positioned to remain at the forefront of the collaborative design movement. Its influence will likely grow as more organizations embrace remote work, agile methodologies, and the need for unified, scalable design systems. Figma’s journey from a college project to a global platform underscores the power of solving real-world collaboration challenges with technology.
43 has more than 26 tracked investments across 22 companies. The latest tracked deal is $5.0M Seed in Insight Health in June 2025.
