Guiding the future
of innovation.


515 Ventures was founded in 2017 by Frederic Kerrest, Vice Chairman & Co-Founder at Okta, Managing Partner & Founder at Windproof Partners, and author of Zero to IPO.
515 Ventures was built to mentor and support the next generation of hard-working, visionary entrepreneurs by offering operating advice alongside investment capital.
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"Frederic was a critical partner in helping us figure out how to build our sales org. Most 'advisors' will give you kind of bullshit generic advice that they read in a business book somewhere. Frederic has the actual chops to speak from experience andtell it like it is and isn't afraid to get his hands dirty."
Waseem Daher, CEO -
"Frederic is the ideal partner and champion for Founders at every stage of the business, from garage startup to category-leader. Whether you’re trying to understand venture-capitalist psychology at the 11th hour of a financing, recruiting that first critical go-to-market executive, or strategizing product offerings to capture $1B+ opportunities, Frederic will be there with high-energy, high-impact and pragmatic advice."
Akshay Nanduri, CEO -
"Frederic has been a valuable mentor since the early days of TileDB. He has given us actionable advice on our deployment and pricing model. He has also been prompt to make his network available, which helps us with customers, partnerships and mentorship. I am amazed with how accessible and responsive Frederic has been over the several years he has supported TileDB, despite all the other awesome stuff he is doing. Straight as an arrow, credible and super reliable."
Stavros Papadopoulos, CEO -
"Having a successful business leader like Frederic Kerrest in our corner in the early days of Modern Health provided us with unfettered access to real advice. When I met with Freddie we dove into some of the early challenges around our GTM strategy and how to scale the sales org. As a founder and someone who has successfully taken a company from day 1 to IPO, he offered actionable advice that was formative to signing our first deals, closing big hires, and establishing a high-performance Sales culture at Modern Health. "
Alyson Friedensohn, CEO -
"From Day 1, Freddy gave me the tough love no nonsense advice, with a huge dose of reality that all entrepreneurs should seek. The disconnect between what's on the news vs what most entrepreneurs go through is vast, and being prepared for this was incredible as we progressed through the stages. From helping me to understand early stage fundraising dynamics to building up my early team, Freddy was there for it all, and each time his advice not only hit the nail on the head but proved to be prescient."
Jonathan Ng, CEO -
"One of the most value add / straight shooting / real operator / no bullshit business builders on Klue's cap table. Shockingly responsive (even running a public company), Freddy is always there to provide not just advice but perspective, a calibrated POV on everything from GTM to funding to hiring to scaling operations. He actively fires up his network too, introducing me to hard-to-access operators that round out and deepen perspectives on critical issues. Super rare to have someone who has gone from zero to IPO and beyond, yet remain grounded and real about the problems and opportunities at each stage of the business. Freddy is the founder's founder, my go-to trusted advisor, and someone you absolutely want in your corner."
Jason Smith, CEO
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"As first money into our company, Frederic has been a critical advisor and supporter from Day 1. He made multiple pivotal investor introductions that accelerated our seed round. After 3 investment rounds he's been the first person I call to get advice on fundraising approach and on receipt of term sheets for each round. And he’s been instrumental on advising us on key hires for sales and operations. He’s concise, no fluff, and extremely high signal to noise. He’s not just cap-table “eye candy” - he rolls up his sleeves and goes to bat for his companies!"
Chris Walti, CEO
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"Frederic is a true inspiration and has been a critical partner in the early days to introduce the right hiring processes and make better hiring decisions. He is incredibly fast in understanding your particular situation to provide actionable advice that fits your situation. Most advisors only speak from their own experience or do pattern matching to other companies they have seen - Frederic understands you as a founder, and your situation and problem-solves with you. This applies to tactical challenges as well as bigger strategic questions - a true value-add advisor and a great person who really cares about you - the founders."
Florian Hillen, CEO
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"Frederic has been among the highest impact of our investors since investing in Craft in 2019 (and multiple times since). Given his personal experience, he has understood my founder journey in a way that is rare and valuable, and has introduced dozens of co-investors, both high impact Angels, and the Lead Investor in our latest institutional round. He has helped me recruit senior executives in competitive situations, and provided valuable advice on recruiting. He has been generous with his time and insights, and has an uncanny ability to penetrate to the heart of any problem given only the most summary details. I am so grateful to Freddy for his help, and recommend him highly to any ambitious entrepreneur building a company."
Ilya Levtov, CEO
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"Freddy has been an investor and advisor to me since Series A. In the early days, it was crucial to get practical advice on building out the GTM function, hiring sales team, leveraging trusted relationships to attract early adopters, Freddy helped out in many aspects as we were hitting the ground running. Additionally, when it comes time to scale our B2B SaaS business, Freddy has provided no bullsit advice to me as a technical founder, to find the right focus in target segments and channels."
Erkang Zheng, CEO
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"Frederic has been one of our most helpful and engaged investor and partner right from the start. He provides timely and direct advice that is actually helpful and relevant to what we are building. As an entrepreneur and operator, Frederic understands 100% what a founder is going through and is able to help in a very practical way that few other people can help. He has been really helpful across GTM, sales, fundraising and more, and has made a lot of helpful introductions for us too, especially when it counts."
Desmond Lim, CEO
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"Many questions founders face aren't cut-and-dried – when to raise, whether to prioritize partnerships, or what to expect from each VP. Canned advice doesn't help with this type of question. That's why it's been so incredible getting Frederic's advice on these topics: he's built an iconic tech company, so he truly understands the tradeoffs and speaks from real experience. You can't beat that."
George Khatchatryan, CEO -
"Freddy cuts through generic platitudes and traditional business advice to tell you what you need to hear when you need to hear it. He's been a great resource as we scale our GTM, from hiring sales leadership to managing execution."
Abhishek Agrawal, CEO -
"Frederic sets the bar as an investor. He's high energy, no-bullshit, incredibly responsive and someone you never hesitate to call for critical decisions. Frederic is especially strong in GTM strategy where he's advised me on everything from a major pricing change to sales leadership recruiting. Just this week he made a critical customer intro too. As a technical enterprise founder, having him in my corner is an unfair advantage – every founder in the same position needs a Frederic on their side"
Brad Menezes, CEO
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"Freddy has always been more of the ‘friend with both the capacity and willingness to help’ more than ‘another investor’. Some of the ways he's helped us in a big way: intros to other investors who led to key hires and intros to a couple of customers that led to improved product development cycles through design partnership."
Curtis Northcutt, CEO