FullCircle
FullCircle is a perpetual pre-seed fund investing in a more dynamic workforce by making work more accessible, rewarding, and adaptable. Founded in 2021 by Virginie Raphael, the firm is based in New York City and focuses on the changing composition of the workforce.
Investment Approach
FullCircle invests up to $250,000 into initial rounds ranging from $500,000 to $2,000,000. As a perpetual pre-seed fund, they operate with a different model than traditional VC funds, allowing them to be more patient and supportive of founders over time.
The firm focuses on three workforce themes: The Caring Workforce, The Empowered Workforce, and Community Infrastructure. They look for companies creating structural change in the workforce by either expanding access and pathways to work or preventing involuntarily workforce dropouts, often due to lack of financial stability, healthcare, or caregiving.
FullCircle is industry-agnostic within their workforce focus, investing across recruiting and learning platforms, childcare and caregiving solutions, and community infrastructure tools.
Fund Structure
FullCircle operates as a perpetual fund, which is relatively unique in the venture landscape. This structure allows them to invest without the pressure of returning capital within a typical fund lifecycle. The firm is highly collaborative and network-driven, co-investing with angels and small early-stage funds.
Notable Portfolio Companies
FullCircle's portfolio includes:
- ESAI - Identity intelligence platform
- Making Space - Talent acquisition and learning platform
- TenderCo - Connected loving care platform
- UpKid - On-demand childcare substitute teachers
- Outfox Health - Instant transparent care navigation
- SocialCrowd - Automated frontline staff incentives
- Zaya - Profitable in-network care
- Remora Carbon - Mobile carbon capture
- SkillMaker - AI-powered XR workforce training
- Mentra - Neurodiversity employment platform
How to Connect
FullCircle uses an Airtable pitch form for applications. They guarantee a response after reviewing all submissions.
Application process:
- Submit through their pitch form: airtable.com/appXZgwuzn9p7MUeq/shrmCodUBXWBAN7yi
- Include your company concept and how it relates to workforce dynamics
- Be prepared to discuss the problem you're solving for workers or employers
Key contact:
- Virginie Raphael - Founder and Managing Partner - @virginieraphael on LinkedIn
Pro tips:
- Focus on the workforce transformation angle
- Demonstrate understanding of the market gap you're addressing
- Show awareness of how your solution impacts workforce accessibility or retention
What they look for:
- Founders passionate about workforce transformation
- Solutions addressing caregiving, health benefits, or workforce access
- Early-stage concepts with clear problem-solution fit
Website: fullcirclefund.io