Fund profile
Far Out Ventures
Santa Barbara, United States
Leading
About
Far Out Ventures (FOVC) is an early-stage venture capital firm founded in 2022, headquartered in Santa Barbara, California with a presence in Boulder, Colorado. The firm was co-founded by Ian Hathaway, Jonathan Fentzke, and Jack Greco as General Partners. Hathaway holds an MA in Economics from the University of Chicago and is affiliated with the Center for American Entrepreneurship. Fentzke brings experience from Rocky Mountain VCA and Techstars, while Greco is a serial entrepreneur. FOVC backs exceptional founders developing disruptive software and business model innovations in markets that have historically been overlooked. The firm leads rounds and writes checks of $250K to $500K at pre-seed and $500K to $750K at seed, targeting 5% ownership at entry and reserving capital for follow-on investment through Series A. FOVC has made approximately 30 investments with geographic concentration in the US and Latin America, particularly Colombia. Portfolio companies include Devolut, which raised a $600K seed co-led with FJ Labs and Forum Ventures; AltScore; FlexPoint; and Neofin. The firm's focus areas include fintech, marketplaces, and enterprise platforms. FOVC's investment thesis emphasizes strong early momentum and potential for market leadership in verticals with large, underpenetrated addressable markets. The firm combines capital with an operator-first mentorship approach, drawing on the founding partners' direct startup experience to help portfolio companies navigate early-stage execution, go-to-market strategy, and follow-on fundraising across the Americas.
Details
Highlights
$500k
Historical average check
$750k
Historical max check
January 2025
Last investment date
30
Investments
Fintech & Financial services
Marketplace
SaaS
B2B
E-commerce & Retail
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