Our next chapter at Fika

Walking into our 9th annual First Look Retreat, we’re feeling the excitement that comes from bringing so many brilliant and innovative investors, entrepreneurs and Fika community members together in one space. Before the magic dust settles, the Fika team wanted to share an update on Fika and our exciting next chapter.

We started Fika in 2016 with a simple mission: to make early-stage founders feel uniquely seen, heard and supported. Since then, we’ve had the privilege of raising three core funds and partnering with over 80 founding teams, with more to come.

As many of you already know, Eva will be moving on from Fika starting in Fund 4. We will always be grateful to her for the partnership and have to thank her in multiple ways for building this amazing platform with us. We wish her all the best in her new endeavors and are happy to report that she’ll continue to support all of her existing investments and maintain all board seats. She will also continue to make new investments as we finish deploying Fund 3 through the rest of this year.

We are working closely with Eva to ensure a smooth transition. Even as she steps back from her role at Fika, we share the same goal: to maintain a healthy and vibrant working dynamic with founders, and to minimize disruptions of any kind.

With no other changes planned for the Fika team, we are more unified than ever in our commitment to the platform and the founders we back. We are also excited about this next chapter because we believe we have assembled the three ingredients that are most essential for us to build an enduring and successful franchise:

1. We have built a rock-solid foundation of trust and respect among the senior leadership team, both on the investment and operations side.
2. We are always learning, growing and evolving. Sometimes this means refinements are necessary. It also means that we know what we are good at (and what we’re not so good at) and keep the fund strategy consistent such that it always plays to our strengths.
3. We are finally seeing the compounding effects of investing in our brand and community, and are unlocking a new gear in the firm’s evolution with established brand equity, reputation and recognition.

Years of consistency and intentionality will benefit Fika and our constellation of founders in the years ahead. While most venture funds wouldn’t cite their values and ethos as major differentiators, we genuinely believe that how we behave is part of why we win. Humility and respect are paramount as we roll up our sleeves and work side-by-side with entrepreneurs. This hands-on, service-first approach to investing has allowed us to not only win competitive deals, but to help our portfolio companies outperform in the market.

We recognize that building a first-rate reputation is a marathon, not a sprint. We begin this next leg of our journey more energized than ever, thanks in large part to all those who consistently cheer us on in the community. Your support has been invaluable to us. We thank you, and we invite you to watch this space for some big announcements coming soon: The best is yet to come.

Team Fika

Eva, TX, John, Arteen, Matt, Gabriella, JD, Natalie, James and Jeff