2 min read

500 Closes Strategic Investment with ADFG

Christine Tsai

Founding Partner and CEO

Published

03.04.18

500’s mission is an ambitious one.

To discover and back the world’s most talented entrepreneurs, create successful companies at scale, and build thriving global ecosystems.

Over the past eight years, 500 has accomplished a great deal. Today we manage over $400 million in committed capital and have invested in over 2,000 companies across more than 60 countries around the world, as well as mentored and coached thousands of founders through our Seed and Series A Programs. Notable 500 family include Twilio (NYSE: TWLO), SendGrid (NASDAQ: SEND), Credit Karma, Canva, Grab, Carousell, Udemy, and Talkdesk.

In the early days, many wondered why we were so bullish on going global and investing outside of Silicon Valley. As the world gets smaller, and as tech ecosystems around the world mature and thrive, we’re proud to have been early believers in the notion that talented founders and promising businesses exist everywhere – in Mexico City, Seoul, Istanbul, Lisbon, Singapore, Jakarta, Amman, Cairo, São Paulo, Provo, Los Angeles, Denver, and the list goes on.

However, our mission is far from done. We’re ready to take 500 to the next level.

Today, we announced that ADFG has made a strategic investment into 500. This is an investment into the overarching parent entity of 500. Through this investment, ADFG will hold a strategic stake in 500 and will be injecting substantial capital to accelerate the growth of our key initiatives, expand into new markets, and anchor future 500 funds. ADFG will also be joining our Board of Officers.

Over the last few years, we have gotten to know ADFG through their involvement as an LP in our previous funds and found that we have a strong alignment on vision and complementary strengths. We are proud to be expanding our relationship through this new investment and welcoming ADFG to our Board.

We look forward to working together to help accelerate 500’s future growth, invest in more promising companies, and further achieve our mission as one of the most active global VC firms in the world.

Christine Tsai

Founding Partner and CEO

Christine Tsai is the CEO and Founding Partner of 500 Global. Since the firm’s inception in 2010, she has led the growth of 500 to over $1.8B in AUM, 2,500+ portfolio companies, and a vibrant community of founders spanning 77 countries. The 500 global portfolio includes companies such as Talkdesk, Canva, Grab, Bukalapak, Lucidchart, Intercom, Gitlab, Credit Karma (acq’d by Intuit), Twilio (TWLO), TheRealReal (REAL), and SendGrid (SEND). Christine has spent her entire professional career building and investing in Silicon Valley. From 2003 to 2010, Christine held product marketing and operating roles at Google, including monetization and developer products such as Google AdSense, Google Analytics, YouTube APIs and syndication, and Google Developer Platform Tools. Christine holds a B.A. in Cognitive Science from the University of California at Berkeley.

Recent news & articles

See all articles →
Republic’s Kendrick Nguyen on Democratizing Investing

Republic’s Kendrick Nguyen on Democratizing Investing

On December 2, 2021, 500 Global is convening the global venture capital community in Miami to its PreMoney 2021 conference for an interactive experience at the nexus of culture, technology, investment and global finance.
Read more →
Rosetta.ai Wants to Give Fashion Retailers a Boost with AI-Enabled E-Commerce Tools
AI
7 min read

Rosetta.ai Wants to Give Fashion Retailers a Boost with AI-Enabled E-Commerce Tools

As fashion e-commerce grows, it is important for brands to lean into online sales and create engaging shopping experiences.
Read more →
Leveling the Playing Field for Low Wage Workers
Reskilling
6 min read

Leveling the Playing Field for Low Wage Workers

Employers have clocked out on workforce investment by continuing to invest in outdated technology solutions for a workforce that has been changing rapidly.
Read more →
Clockster Is Creating Affordable HR Tech Solutions for SMEs and Service Industry Players in Asia
hrtech
7 min read

Clockster Is Creating Affordable HR Tech Solutions for SMEs and Service Industry Players in Asia

We’re seeing an opportunity for innovative HR tech in markets far and wide, as many companies globally still lack access to digital tools for HR and hiring.
Read more →