Patrick Chung

Leading Xfund since 2012

As managing general partner of Xfund, Patrick Chung leads a seed-stage venture capital firm that backs lateral thinkers—founders who see beyond traditional industry paradigms. Chung has worked at Xfund since 2012 and has raised more than $225 million, including a $120-million fund in 2021. Xfund has a deep connection to Harvard University, from which many of its portfolio companies and advisors derive.  

Prior to Xfund, Patrick Chung was head of the consumer investing and seed investing practices at New Enterprise Associates (NEA), the largest and most active VC firm in the country. He joined NEA in 2005 and was elected partner within three years. Chung spent nine years with NEA and led investments in a range of companies, including Plaid, Segment (acquired by Twilio), Kensho (acquired by S&P Global), Pulse (acquired by LinkedIn), Ravel Law (acquired by Lexis-Nexis), Xfire (acquired by Viacom), and 23andMe.  

Chung spent his early career at the internet services company ZEFER and McKinsey & Company. He helped expand ZEFER to a multinational operation with more than 700 people employed at six offices worldwide and more than $100 million in annual revenue. He specialized in software, hardware, and services companies at McKinsey.  

Patrick Chung has a joint JD-MBA degree from Harvard, where he was editor of the Harvard Law Review. He received an MSc in environmental science from Oxford and was elected as a Commonwealth Scholar among candidates from more than 60 countries. He earned his AB in environmental science from Harvard College.