137 Ventures

United States
Late Stage
Share

About 137 Ventures

137 Ventures has closed over $700M across two new vehicles, pushing AUM past $15B. Focuses on late-stage growth and secondaries in AI, defense, advanced industrials, and frontier tech. Notable positions include SpaceX and other pre-IPO tech companies. One of the largest dedicated late-stage/secondary vehicles in venture.

Investment Focus

Location / RegionUnited States
Funding StageLate Stage
Industry Focus
Ai Ml
Deep Tech
Defense

Investor Signals Profile

active

Sweet Spot

Pre-IPO founders in AI, defense, and frontier tech seeking growth capital

late-stage growth
secondaries
pre-IPO
AI infrastructure
frontier tech

Bullish Signals

$700M new, $15B+ total AUMblog
Major SpaceX position, IPO upsideblog
Largest dedicated late-stage vehicleblog

Contrarian Signals

Late-stage valuations stretchedblog
Concentration in few mega-betsblog

Founder Do's

Late-stage or pre-IPO companies
Strong revenue and growth metrics
AI, defense, or frontier tech
Secondary liquidity opportunities

Founder Don'ts

No early-stage seed deals
Avoid consumer-only businesses
Skip sub-$100M valuations

Key GPs & Partners

JFW
Justin Fishner-Wolfson
Founder & Managing Partner
patient-capitalcontrarianthesis-driven

Unlock Investor Signals

$29/month for full signal access. Cancel anytime.

Fund Overview

Fund Size$700M
Saves0

Key People

Justin Fishner-WolfsonFounder & Managing Partner

Related Funds

TCG Crossover Fund III

$1.3B
United States
Growth
Digital Health, Biotech, Therapeutics
Fund Manager:Dr. Chen Yu, Cariad Chester, Giuliano Marostica
Growth
Digital Health
Biotech
Therapeutics

Deviation Capital

$2B
United States
Seed
Ai Ml, Deep Tech, Data Infrastructure, Enterprise Software
Seed
Ai Ml
Deep Tech
Data Infrastructure
Enterprise Software

Atlas Venture Fund XIV

$450M
United States
Pre Seed
Deep Tech, Saas
Fund Manager:Kevin Bitterman, Bruce Booth, Michael Gladstone
Pre Seed
Deep Tech
Saas