We invest in high-margin, fast-growing technology companies that are pursuing huge market opportunities.

TransferWise is a peer-to-peer currency exchange service that allows its users to send money overseas easily and inexpensively.

N26 is a new European bank focused on building an innovative mobile-first banking experience.

Stash is on a mission to empower a new generation of investors, giving everyone access to financial opportunity.

Breather provides a network of private, professional meeting rooms designed for work, meetings and to focus.

Xero provides cloud accounting software and services for small businesses and their advisors.

Kalo provides software to help businesses handle an increasingly flexible workforce of freelancers and contractors.

Even is the bank app that plans, so you don’t have to.

Coya is a full-stack European insurance challenger offering scalable protection at the point of need, with personalized predictive risk management and simple, transparent policies.

Octane Lending makes financing large purchases of powersports equipment at the point of sale as painless as cash.

Qonto provides digital banking services to entrepreneurs, SMEs and startups.

Petal  is a new kind of credit card company on a mission to make credit honest, simple, and accessible.

Jetty is a financial services company that designs insurance products and solutions to help people navigate the obstacle course of life.

Taxfix is a digital tax accountant on the mobile phone that makes tax filing a piece of cake.

Homie is a peer-to-peer marketplace for buying and selling homes.

Bestow is a smarter approach to life insurance. By marrying data with technology, Bestow can bring simple and affordable coverage to everyone.

TradeIt's API Ecosystem links top brokerage, crypto & fintech firms with the world's leading publishers and asset managers.

We seek out exceptionally talented teams with large ambitions.

We believe that founders are best positioned to lead their start-ups, and that they should retain substantial equity and control.

When we invest in a company, we expect to follow-on significantly as the business scales.

James Fitzgerald

General Partner

James is a founding Partner at Valar Ventures. Prior to Valar, he was COO and General Counsel of Peter Thiel’s global parent company, Thiel Capital, where he helped manage Peter’s network of investments and businesses.

Prior to joining Thiel Capital, James practiced law for seven years in the New York office of Skadden, Arps, Slate, Meagher & Flom LLP. He received his J.D. from the University of California, Los Angeles and his undergraduate degree from Brigham Young University.

Andrew McCormack

General Partner

Andrew is a founding Partner at Valar Ventures. Andrew’s career in technology has included business and corporate development roles at eCount (acquired by Citicorp) and Yahoo!. He joined PayPal in 2001, where he worked closely with Peter. After PayPal’s sale to eBay, Andrew helped launch Clarium Capital and later founded a restaurant group in San Francisco.

In 2008, Andrew rejoined Peter at Thiel Capital, where he led various international initiatives for Thiel Capital and Peter personally. Andrew received his B.A. in Political Science from the University of Pennsylvania.

Reuben Kobulnik

Operating Partner

Reuben is responsible for all operational and financial reporting matters at Valar.

Prior to joining Valar, Reuben was Counsel at Skadden, Arps, Slate, Meagher & Flom LLP, where he practiced M&A, private equity, and general corporate law for nine years. Before joining Skadden, Reuben clerked for Justice Morris J. Fish of the Supreme Court of Canada.

Reuben received his law degree as well as an undergraduate degree in Finance and Strategy from McGill University.

Elizabeth Klein


As a Principal at Valar, Elizabeth works in a variety of capacities spanning both investments and operations. In addition to advising the firm’s portfolio companies and assisting with investor communications, Elizabeth supports Valar's legal and compliance functions.

Prior to joining Valar, Elizabeth was an associate at Skadden, Arps, Slate, Meagher & Flom LLP, where she practiced M&A, investment management and general corporate law. Elizabeth received her B.A. from the University of Michigan and her J.D. from New York University School of Law.

We are built to move quickly and decisively. Every team gets the entire partnership behind them from day one.

Aerial photography by Steve Back