Who Is Lee Fixel and What Does He Do

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Lee Fixel is a well-known American venture capitalist and investor. He is currently the founder and managing partner of Addition, a venture capital firm.

Lee Fixel has a strong background in investing, having spent over a decade at Tiger Global Management, where he led investments in companies like Flipkart and Ola.

He is known for his expertise in identifying and investing in successful startups in emerging markets.

Early Life and Education

Lee Fixel was born in 1980.

He was raised near Fort Lauderdale, Florida.

Fixel is the eldest of three children, with two younger sisters.

He earned a Bachelor of Science in business administration, finance, and accounting at the Olin Business School at Washington University in St. Louis.

Career and Investments

Lee Fixel's career in venture capital began in 2005 when he joined Insight Venture Partners as an analyst. He spent 10 years at the firm, working his way up to become a partner.

Fixel's success at Insight led to his appointment as the head of the firm's consumer team. He played a key role in investing in several successful companies, including LinkedIn and Twitter.

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One of Fixel's notable investments was in LinkedIn, which was acquired by Microsoft for $26.2 billion in 2016. Fixel's investment in LinkedIn was a significant one, and it helped to establish him as a leading venture capitalist.

As the head of Insight's consumer team, Fixel was responsible for overseeing investments in companies like Twitter, which went public in 2013. Fixel's experience in investing in successful consumer companies has been invaluable to his career.

In 2015, Fixel left Insight to start his own venture capital firm, Addition. He raised $2.5 billion in funding for the firm, which has invested in companies like Instacart and Wish.

Company and Role

Lee Fixel is a well-known venture capitalist and former partner at Tiger Global Management.

He has been involved in several high-profile investments, including companies like Flipkart, which was sold to Walmart for $16 billion.

Fixel's investment in Flipkart was one of the largest in the company's history, demonstrating his ability to identify and capitalize on successful startups.

Lee Fixel's background in venture capital has given him a unique perspective on the industry, allowing him to make informed investment decisions.

Delhivery Raises $125 Mn

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Delhivery, a market-bound logistics company, has raised $125 million in additional funding from Addition, a fund floated by Lee Fixel.

This funding is a significant boost for Delhivery, which is gearing up for its market debut.

Delhivery has received $125 million (Rs 922 crore) in funding from Addition, a substantial investment in the company's growth.

The funding from Addition will help Delhivery accelerate its expansion plans and solidify its position in the logistics market.

Delhivery's market-bound status suggests that the company is preparing for an initial public offering (IPO) or a stock market listing.

The $125 million funding from Addition is a crucial milestone for Delhivery as it looks to expand its services and reach new customers.

Delhivery's partnership with Addition will play a key role in shaping the company's future growth and success.

Fixel's Company?

Lee Fixel works for Addition Consulting, a company that invests in promising startups.

Addition Consulting is a private equity firm that focuses on making strategic investments in companies with high growth potential.

Lee Fixel's role in his workplace is that of an Investor, responsible for identifying and investing in promising companies.

As an Investor, Lee Fixel has made significant investments in companies like Delhivery, a logistics company that is preparing for an initial public offering (IPO).

A different take: Bill Miller Investor

Philanthropy and Personal Life

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Lee Fixel is a dedicated philanthropist, particularly in the area of Parkinson's disease research.

He co-founded the Lauren and Lee Fixel Family Foundation with his wife, Lauren Fixel, making them significant contributors to The Michael J. Fox Foundation.

The Lauren and Lee Fixel Family Foundation donated $20 million to the University of Florida and UF Health in January 2019.

This donation helped establish the Norman Fixel Institute for Neurological Diseases, which focuses on advancing research, technology, and clinical care for Parkinson's and other neurodegenerative diseases like Alzheimer's and ALS.

The institute is a testament to Lee Fixel's commitment to finding a cure for Parkinson's disease and improving the lives of those affected by it.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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