Fitz Gate Ventures

Fitz Gate Ventures is an early-stage venture capital firm founded in 2015, with a strong presence in the New York and Texas ecosystems. Headquartered in Houston, Texas, the firm leverages its extensive network, known as "Friends of Fitz," which includes venture capitalists, startup founders, educators, and industry experts, to provide strategic advantages to its portfolio companies. Fitz Gate focuses on sectors such as deep tech, hard tech, and climate tech, writing initial checks ranging from $500,000 to $2 million while reserving capital for follow-on investments. The firm has gained recognition for its exceptional performance in its previous funds and continues to foster innovation within the Princeton ecosystem as well as broader markets. Its general partners are actively involved in mentorship roles at various entrepreneurial programs and institutions, enhancing their engagement with the startup community.

Jim Cohen

Co-Founder and General Partner

Mark Poag

Co-Founder and General Partner

Past deals in Nepal

Cheers

Seed Round in 2018
Cheers operates as the largest online liquor store in Nepal, offering a wide variety of genuine domestic and international liquors, beverages, cigarettes, and mixers. The company provides free delivery services to customers within a distance of up to 6 kilometers outside Ring Road, operating daily from 10 AM to 10 PM. In addition to its liquor sales, Cheers produces liver supplement products aimed at mitigating the negative effects of alcohol consumption. These supplements are designed to alleviate short-term alcohol withdrawal symptoms and replenish lost vitamins, promoting a healthier and more responsible drinking experience for consumers.
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