Unicorn Venture Partners

Unicorn Venture Partners is a Los Angeles-based early-stage venture capital firm founded in 2018 by Dave Lin and Jonathan Hung, with Phillip Sarofim involved at its formation. The firm backs seed and early-stage rounds in US-based technology and consumer-focused startups, spreading its investments across sectors from consumer and retail to high tech, and pairs capital with hands-on engagement, strategically testing new business models and offering consulting-style support to help founders reach Series A, generally as a co-investor. The team describes itself as entrepreneurs, operators and 'finance geeks' with experience across nearly every role in the venture ecosystem, including founder, CFO, product management, growth marketing, sales, board directorships and M&A advisory, and collectively claims more than $2 billion in exits. Managing Partner and CIO Dave Lin previously served as CFO at Maker Studios and is a serial entrepreneur, while Managing Partner Jonathan Hung is a well-known Los Angeles angel investor who likens the investor's role to that of a college counsellor guiding founders to their next round. Launched with around $5 million of seed capital, the fund has built a concentrated portfolio of roughly 15 companies that has already produced two unicorns, one IPO and three acquisitions, with marquee early investments including Coinbase, Lime, Cerebral and Solugen. By combining operator and finance backgrounds with hands-on support, Unicorn Venture Partners backs early-stage technology and consumer founders and helps prepare them for their next institutional round.