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About
The pairing is the pitch: an investor and an operator, rather than two of either. Basu Trivedi co-founded Artsy as an undergraduate and spent eight years at Shasta Ventures, where he led seed and Series A rounds in Canva, Athelas and The Farmer's Dog; Smith was president and chief operating officer of Stitch Fix and before that ran operations at Walmart. Footwork leads or co-leads seed and Series A rounds in companies that already show early signs of product-market fit, and writes between $1M and $15M to start. Fund I closed at $175M at launch in April 2021; Fund II at $225M, and began investing in 2025. As of mid-2026 the firm counts 25 investments, among them Watershed, Tracksuit, GPTZero, Elicit, WindBorne, ReflexAI and Cradlewise. Its office is in San Francisco's Dogpatch.
Backers
A venture firm rather than a funded company; its limited partners are not disclosed.
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Quick answers
What is Footwork?
A San Francisco venture firm investing at seed and Series A in consumer technology and the consumerisation of enterprise software. It leads or co-leads rounds and writes first cheques of $1M to $15M.
Who founded it and when?
Nikhil Basu Trivedi and Mike Smith, launching in April 2021. Basu Trivedi was a managing director at Shasta Ventures and co-founded Artsy; Smith was president and chief operating officer of Stitch Fix.
How big are its funds?
$175M for Fund I at launch in 2021 and $225M for Fund II, which began investing in 2025 — $400M in total.
Who from Footwork is in this directory?
Nikhil Basu Trivedi, its co-founder and general partner, who joined TechTO's Founders & Funding session in September 2020 to talk about The Farmer's Dog — then still at Shasta Ventures.