Founded by PayPal co-founder Max Levchin, HVF Labs (which stands for Hard, Valuable, Fun) is a technology-focused "startup studio" rather than a traditional venture capital firm. Instead of investing in existing companies, HVF Labs originates its own ideas, assembles teams, and provides the initial capital and resources to build new companies from scratch. The firm's mission is to solve significant, challenging problems by creating businesses that use data and technology to bring about transparency and efficiency in various industries. Notable companies that have originated from HVF Labs include the publicly-traded financial technology company Affirm, and the fertility-focused health-tech company, Glow.

Founded in

United States