Series B and growth-stage investing rewards firms with real operational pattern-recognition - helping companies professionalize go-to-market motions, scale organizations, and prepare for the increased scrutiny of later funding rounds and eventual public markets.
$175B (platform assets, 2022)
Assets Managed
DoorDash's 2020 IPO, which implied a fully diluted valuation of $71.2 billion - CEO Alex Clavel later called it SVF1's best-performing asset, with a $7.3 billion gain on full exit
AIEnterprise SoftwareConsumer InternetLogistics
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Menlo Park, CA
Founded 2009
Coinbase's 2021 direct listing on Nasdaq - one of the largest crypto IPOs ever
AICryptoFintechConsumer
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New York, NY
Founded 1995
Shopify's 2015 IPO, one of the defining e-commerce software exits of the decade
SoftwareSaaSCybersecurity
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New York, NY
Founded 2001
An early pre-IPO stake in Facebook that helped define Tiger Global's hybrid public-private strategy
InternetFintechConsumer Tech
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Menlo Park, CA
Founded 1972
Nvidia - an early investor that rode the company to become one of the most valuable in the world
Enterprise SoftwareConsumerAISemiconductors
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Cambridge, MA
Founded 2000
Snap's 2017 IPO, one of the largest consumer tech listings of its era
HealthcareFintechAI Infrastructure
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Menlo Park, CA
Founded 1977
Robinhood's 2021 IPO, bringing retail stock trading to the public markets
TechnologyHealthcareLife Sciences
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Menlo Park, CA
Founded 2000
Snap's 2017 IPO, five years after Lightspeed wrote Snapchat's first-ever institutional check
Enterprise InfrastructureConsumer
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Menlo Park, CA
Founded 1995
~$24B raised since inception
Assets Managed
Netflix's 2002 Nasdaq IPO - TCV owned roughly 43% of the company pre-IPO and co-founder Jay Hoag has served on Netflix's board since 1999, watching it grow into a company worth more than $400 billion
Consumer InternetSaaSFintechMedia
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Menlo Park, CA
Founded 1972
Google's 2004 IPO - the firm's $12.5 million bet alongside Sequoia Capital remains one of the most celebrated investments in venture capital history
Enterprise SoftwareConsumer InternetHealthcareAI
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Palo Alto, CA
Founded 2012
$20.78B (RAUM, Form ADV 2026)
Assets Managed
Nubank's 2021 NYSE IPO - Ribbit was an early backer of the Brazilian neobank, which reached a market capitalization of roughly $67.4 billion by July 2026
FintechCryptoConsumer InternetAI
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Palo Alto, CA
Founded 1983
Facebook's Series A in 2005 - still cited as one of the highest-multiple returns in VC history
Enterprise SoftwareConsumerSecurity
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New York, NY
Founded 1989
No single confirmed signature exit - OrbiMed is instead widely regarded in biotech as a 'stamp of validation' and IPO accelerator, with many companies specifically seeking its backing to help secure Nasdaq or HKEX listin…
BiotechPharmaceuticalsHealthcareDiagnostics
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$19B invested cumulatively across funds (not a current single fund figure)
Assets Managed
Alnylam Pharmaceuticals' 2004 IPO (NASDAQ: ALNY) - an early Polaris healthcare investment
HealthcareEnterprise Software
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Menlo Park, CA
Founded 1961
Spotify's 2018 direct listing on the NYSE - one of several major exits, including Lending Club's 2014 IPO, where Norwest was the largest institutional investor
Enterprise SoftwareConsumer InternetFintechHealthcare
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Menlo Park, CA
Founded 2004
Block (formerly Square)'s 2015 IPO, one of fintech's defining public debuts
Clean EnergyAIDeep Tech
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Wayfair's 2014 IPO - Battery led the company's first institutional financing round in 2011, after General Partner Neeraj Agrawal recognized the opportunity through a decade-long friendship with co-founder Niraj Shah
Enterprise SoftwareSaaSConsumer InternetIndustrial Technology
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Mountain View, CA
Founded 2009
Uber's 2019 IPO - GV's $258 million investment, personally led by CEO David Krane, was one of the largest venture checks in Uber's early history
Consumer InternetLife SciencesEnterprise SoftwareAI
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Santa Clara, CA
Founded 1991
$12.9B invested since 1991 (cumulative capital deployed)
Assets Managed
No single signature exit - Intel Capital's scale is cumulative: since 1991 it has invested $12.9 billion across more than 1,582 companies worldwide, with 692 reaching an IPO or acquisition, including current public holdi…
AICloud InfrastructureCybersecurity5G
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San Francisco, CA
Founded 2018
No traditional Paradigm-portfolio IPO exit - the firm's clearest proof points are Fund III bets Zipline (drone delivery, valued at $7.6 billion) and True Anomaly (space defense, valued at $2.2 billion), both still privat…
CryptoAIDeep TechFintech
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Figma's July 2025 IPO at a $56 billion valuation - Index backed the design platform years before its explosive public debut
Consumer InternetFintechAIMarketplaces
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San Francisco, CA
Founded 2005
SpaceX's June 2026 IPO - an estimated ~80x return on Founders Fund's original stake
AerospaceDefense TechHard Tech
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Menlo Park, CA
Founded 1996
MuleSoft's 2018 acquisition by Salesforce for $6.5 billion - a portfolio company Sapphire backed from SAP Ventures days through its own independent era
Enterprise SoftwareSaaSAICybersecurity
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New York, NY
Founded 2009
$10B+ (latest fund)
Assets Managed
An early stake in Instagram years before its acquisition by Facebook
Consumer InternetAI
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Redwood City, CA
Founded 1911
$10B+ (recent fund)
Assets Managed
LinkedIn's 2011 IPO, followed by its 2016 acquisition by Microsoft
Cloud SoftwareConsumerHealthcare
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Amazon's 2012 acquisition of Kiva Systems - Ajay Agarwal led BCV's first institutional round in the warehouse robotics startup in 2004, and its technology now powers Amazon Robotics across more than 2,000 fulfillment cen…
Enterprise SoftwareFintechSaaSCybersecurity
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Palo Alto, CA
Founded 2015
$10B+ (following $1.3B Fund VI + Early Growth Fund III close, April 2026)
Assets Managed
No single dollar-verified signature exit - Eclipse instead builds a defense-heavy 'connected industrial economy' of companies that share infrastructure and talent, including True Anomaly (autonomous spacecraft), Blue Wat…
RoboticsAI InfrastructureManufacturingDefense
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Bengaluru, India
Founded 2006
Freshworks, which Reuters reported was targeting nearly $9.6 billion ahead of its IPO and which was valued at $12.2 billion on debut-day trading
AIFintechEnterprise SoftwareConsumer
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Shanghai, China
Founded 2006
Xiaomi's 2018 Hong Kong IPO - Qiming was an early seed investor, one of more than 180 completed exits across the firm's portfolio including Bilibili, Zhihu, and Meituan
Enterprise SoftwareAIHealthcareConsumer
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Manhattan Beach, CA
Founded 2015
$9.0B (2026)
Assets Managed
Leading a 2026 investor consortium with CalPERS to acquire Russell Investments, a nearly century-old asset manager overseeing more than $400 billion - a rare case of a venture-founded firm taking control of a legacy fina…
Enterprise SoftwareFintechHealthcareClimate
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Twitter's 2013 IPO - Spark led the company's early investment in 2007 when it had fewer than a dozen employees
Consumer InternetEnterprise SoftwareFintechAI
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Beijing, China
Founded 2014
No single named exit - Source Code's earliest and most consequential bet, ByteDance, remains private and globally dominant, while portfolio companies Meituan, KE Holdings, and Li Auto have all completed IPOs backed by mu…
AIEnterprise SoftwareConsumerHealthcare
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New York, NY
Founded 2020
dLocal's 2021 NASDAQ IPO under ticker DLO at a $6 billion valuation - Addition's first major public exit, backing the Uruguayan payments company as an early investor
FintechEnterprise SoftwareConsumerAI
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Menlo Park, CA
Founded 1980
Twitter's 2013 IPO - Todd Chaffee led IVP's $44 million investment in 2009 at a $220 million valuation, a stake that grew into a return of nearly $5 billion by 2018
Consumer InternetMediaTravelFintech
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San Francisco, CA
Founded 2013
Looker's 2020 acquisition by Google for $2.6 billion - announced in June 2019 and completed the following February, with CapitalG's Gene Frantz counting it among his major outcomes
AIEnterprise SoftwareCybersecurityFintech
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$7B+ (raised across eight funds; $1.3B new early/growth funds, 2024)
Assets Managed
MySQL's 2008 acquisition by Sun Microsystems for approximately $1 billion - an early proof point for European open-source software investing
AIFintechEnterprise SoftwareCybersecurity
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Tokyo, Japan
Founded 1973
$6.8B (¥1 trillion, 2025)
Assets Managed
Mercari's 2018 Tokyo Stock Exchange IPO - one of over 1,041 portfolio IPOs JAFCO has facilitated since its founding, more than any other Japanese venture firm
Enterprise SoftwareFintechRoboticsHealthcare
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CyberArk's NASDAQ listing (NASDAQ: CYBR) - a notable holding across Vertex's regional fund network
TechnologyHealthcare
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Wish's NASDAQ IPO in December 2020 at a $14.1 billion valuation - Joe Lonsdale was an early institutional investor in the e-commerce company
Enterprise SoftwareDefense TechHealthcareAI
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San Francisco, CA
Founded 2009
$6B+ deployed capital
Assets Managed
Vlocity's February 2020 acquisition by Salesforce itself for $1.33 billion - an unusually direct proof point, since Salesforce Ventures backed the industry-cloud software company before its own parent acquired it
AIEnterprise SoftwareFintechCybersecurity
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Shanghai, China
Founded 2008
Xiaomi's 2018 Hong Kong Stock Exchange IPO - 5Y (then Morningside) was Xiaomi's first institutional backer, realizing a reported 800x return on its original investment as the company grew into one worth roughly $170 bill…
AIConsumer InternetEnterprise SoftwareDeep Tech
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Menlo Park, CA
Founded 1976
Uber's 2019 IPO - Menlo led the company's $32 million Series B in 2011 after a16z passed on the deal, and realized a 93x return when a SoftBank-led group bought part of its stake for $973 million in 2018
Consumer InternetEnterprise SoftwareAI
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Greenwich, CT
Founded 2014
No single named IPO exit - Oak HC/FT's clearest proof points are growth-stage backing of Oscar Health (which completed its own 2021 IPO) and athenahealth, both companies the firm helped scale rather than founded
HealthcareFintech
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Cambridge, MA
Founded 1970
Beam Therapeutics' 2020 Nasdaq IPO - President Stephen Knight personally co-founded the gene-editing company and has served on its board since 2017
BiotechHealthcareEnterprise SoftwareFintech
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Menlo Park, CA
Founded 2005
Meituan's 2018 Hong Kong IPO at a roughly $63 billion valuation - an early Northern Light bet, alongside co-founders Feng Deng and Yan Ke's own prior exit: NetScreen Technologies' $4.2 billion acquisition by Juniper Netw…
Enterprise SoftwareHealthcareConsumerAI
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Menlo Park, CA
Founded 1999
Netflix - an early investor that backed the company years before streaming existed as a category
Consumer InternetCloud InfrastructureSaaSEnterprise Software
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New York, NY
Founded 2015
Accenture's 2025 acquisition of a majority stake in Dragos at a $3.2 billion valuation - EIP partnered with the industrial cybersecurity company in 2017, when the category was still emerging
EnergyClimateGrid TechnologyCybersecurity
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Menlo Park, CA
Founded 1996
Musical.ly's acquisition by ByteDance in 2017, later merged into TikTok - an early DCM bet on short-form video years before the category became a cultural phenomenon, alongside seven IPOs since 2019 including Bill.com, L…
FintechConsumerEnterprise SoftwareAI
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Menlo Park, CA
Founded 1981
$4.3B+ (invested since inception)
Assets Managed
Yammer's $1.2 billion acquisition by Microsoft in 2012 - USVP was an early investor in the enterprise social networking company, one of 93-plus IPOs and countless acquisitions across the firm's four-decade history
Enterprise SoftwareCybersecurityConsumerHealthcare
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Paris, France
Founded 1972
€4B+ (~$4.4B)
Assets Managed
Shockwave Medical's acquisition by Johnson & Johnson in 2024 - a cardiovascular device company Sofinnova supported for more than a decade, one of 25 IPOs and 30 acquisitions across the firm's 50-plus year history
HealthcareDeep Tech
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Beijing, China
Founded 2014
Pinduoduo's NASDAQ IPO and Kuaishou's Hong Kong IPO - two of the clearest public-market outcomes across Gaorong's decade-plus track record backing Chinese consumer internet companies
ConsumerEnterprise SoftwareHealthcare
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Alexandria, VA
Founded 2007
$4B (across all funds)
Assets Managed
Credit Karma's December 2020 acquisition by Intuit for $7.1 billion - co-founder Frank Rotman's most notable investment to date
FintechInsuranceLendingBanking Infrastructure
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$3.8B (raised since inception)
Assets Managed
Bluebird Bio's public listing - one of the category-defining gene and cell therapy companies Third Rock built from early scientific concept through IPO, alongside Agios Pharmaceuticals and Foundation Medicine
BiotechTherapeuticsLife Sciences
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Kirkland, WA
Founded 2015
$3.5B+ committed capital (across three funds)
Assets Managed
No confirmed public exit directly attributable to BEV as an investor - the fund instead measures itself by an unusually specific mandate: every company must have credible potential to eliminate at least 1% of global annu…
ClimateEnergyAgricultureIndustrial Technology
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Menlo Park, CA
Founded 1965
LinkedIn's 2011 IPO, followed by Microsoft's $26.2 billion acquisition of the company in 2016
Enterprise SoftwareConsumer InternetCybersecurityAI
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Cambridge, MA
Founded 2000
$3.4B (single fund, 2021); has raised multiple funds since 2000
Assets Managed
Moderna's December 2018 Nasdaq IPO, which raised approximately $604 million at a roughly $7.5 billion valuation - one of the largest biotech IPOs ever at the time, years before Moderna became a household name during the …
BiotechHealthcareClimateLife Sciences
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$3.1B+ (current), latest fundraise €1B (2022)
Assets Managed
Spotify's 2018 direct listing, which ended its first day of trading at a valuation of about $26.5 billion
AIFintechHealthcareEnterprise Software
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Palo Alto, CA
Founded 2018
$3B+ deployed cumulatively since 2018 (not a stated current fund AUM)
Assets Managed
No public equity exit documented - Electric Capital invests primarily in early-stage crypto, developer tools, and frontier technology
CryptoAIHealthcare
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Palo Alto, CA
Founded 1969
Apple's December 1980 NASDAQ IPO - Venrock invested $288,000 for roughly 10% equity in 1978, one of more than 112 IPOs across the firm's history, alongside Intel's 1971 IPO and Gilead Sciences
HealthcareEnterprise SoftwareConsumerDeep Tech
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Montreal, Canada
Founded 1953
$3B (across venture and growth funds)
Assets Managed
No focus on traditional exits - as Canada's national development bank's venture arm, BDC Capital measures success through co-investment reach; Lightspeed Commerce's 2020 NYSE IPO is among the notable companies it helped …
Enterprise SoftwareAIClimate
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San Francisco, CA
Founded 2013
No single dollar-verified SignalFire exit confirmed yet - founder Chris Farmer's prior seed program at General Catalyst backed Coinbase, Discord, Stripe, Venmo, and Zapier, lending real pre-existing credibility to Signal…
AIEnterprise SoftwareCybersecurityHealthcare
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Beijing, China
Founded 2009
No portfolio company has completed a major international IPO yet - Sinovation instead measures itself through China-market listings for Megvii and 4Paradigm, and founder Kai-Fu Lee's own prior AdMob-adjacent track record…
AIDeep TechEdtech
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New York, NY
Founded 2006
$3B+ (across all funds)
Assets Managed
Venmo - Greycroft was an early seed investor in the payments app; Braintree, which had acquired Venmo, was sold to PayPal for $800 million in 2013
Enterprise SoftwareFintechConsumerAI
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Menlo Park, CA
Founded 1969
Lyft's 2019 IPO - one of Mayfield's most recognizable public outcomes, still held in the firm's portfolio today
AIEnterprise SoftwareSemiconductors/Deep TechCybersecurity
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Herzliya, Israel
Founded 1993
CyberMDX's February 2022 acquisition by ForeScout Technologies - one of more than 85 exits across Pitango's 250-plus portfolio companies since 1993
Enterprise SoftwareFintechCybersecurityHealthcare
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Berlin, Germany
Founded 2015
€3B+ (~$3.2B)
Assets Managed
Delivery Hero's 2017 IPO on the Frankfurt Stock Exchange, raising approximately €1 billion - an early Target Global bet, alongside Auto1 Group's 2021 Frankfurt IPO
FintechMobilityConsumerAI
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San Francisco, CA
Founded 2012
Warby Parker's 2021 NYSE direct listing - Forerunner led an early seed check into the eyewear company years before its founding as a formal firm, one of the clearest proof points of its consumer-first thesis
ConsumerCommerceDigital HealthFintech
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Munich, Germany
Founded 2000
Zalando's IPO on the Frankfurt Stock Exchange - HV Capital (then Holtzbrinck Ventures) was Zalando's first institutional investor
Consumer InternetEnterprise SoftwareFintech
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Seoul, South Korea
Founded 1999
SentinelOne's 2021 NYSE IPO under ticker S - one of 24 IPOs across Samsung Ventures' 25-year history, alongside acquisitions and stakes in Niantic and Swiggy
AIDeep TechCybersecurityIndustrial Tech
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Foster City, CA
Founded 2000
Bill.com's NASDAQ IPO in December 2019 - Scale was an early investor and Partner Stacey Bishop led the investment, one of several public listings across HubSpot, DocuSign, JFrog, and Root Insurance
Enterprise SoftwareAICybersecurityDeveloper Tools
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Cambridge, MA
Founded 1980
Akero Therapeutics' $4.7 billion acquisition by Novo Nordisk in 2025, expanding its MASH treatment portfolio - one of Atlas's clearest recent wins, alongside Nimbus Therapeutics' $4 billion TYK2 licensing deal with Taked…
HealthcareDeep Tech
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San Francisco, CA
Founded 2017
No confirmed public exit yet - Base10's clearest proof points are current portfolio companies growing rapidly, including Nubank (NYSE: NU) as one of the firm's larger co-investment wins alongside Notion and Figma, both s…
Industrial TechFintechEnterprise SoftwareAI
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New York, NY
Founded 2015
Ecwid's 2021 acquisition by Lightspeed Commerce for $500 million - PeakSpan invested in the ecommerce platform in March 2020 and exited the following year
AIEnterprise SoftwareVertical SaaSFintech
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New York, NY
Founded 1994
$2.5B+ (across 10 funds)
Assets Managed
Braintree's $800 million acquisition by PayPal in October 2013 - RRE was an early investor in the payments company years before its exit
Enterprise SoftwareFintechConsumerAI
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Montreal, Quebec, Canada
Founded 2007
Lightspeed Commerce's 2019 dual listing on the NYSE and TSX - Inovia was Lightspeed's first Canadian investor and helped lead a 2017 buyout that kept the Montreal point-of-sale company from a foreign takeover ahead of it…
AICybersecurityDigital HealthFintech
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Paris, France
Founded 1982
€2.5B (~$2.7B)
Assets Managed
No single confirmed signature exit - Partech instead measures itself by breadth and duration: 220-plus active portfolio companies across 40 countries and four continents, built over more than four decades since its 1982 …
FintechDeep TechEnterprise SoftwareEnergy
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$2.4B (across seven funds)
Assets Managed
Datadog's independent NASDAQ IPO at a $7.83 billion market cap, and Expensify's NASDAQ IPO in November 2021 at a $1.82 billion market cap - OpenView's two confirmed public listings among more than 60 portfolio companies
Enterprise SoftwareFintechAI
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Stockholm, Sweden
Founded 2016
€2.3B+ (across three funds)
Assets Managed
Wolt's $8.1 billion acquisition by DoorDash in November 2021 - Sifted reported this delivered a roughly 200x multiple on EQT Ventures' original 2016 investment, one of the largest returns in European venture history
Enterprise SoftwareConsumerMarketplacesAI
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Palo Alto, CA
Founded 1964
$2.3B (2026)
Assets Managed
Enterprise SoftwareInfrastructureCybersecurityCloud
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San Francisco, CA
Founded 2013
$2B+ (across multiple funds)
Assets Managed
Coinbase's 2021 direct listing - Blockchain Capital invested pre-IPO and participated directly in the listing
CryptoDeFi
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Menlo Park, CA
Founded 1995
Splunk's NASDAQ IPO under ticker SPLK - an August Capital-era portfolio company; co-founder David Marquardt's pre-firm track record includes an even bigger story: Technology Venture Investors was the sole institutional i…
Enterprise SoftwareCybersecurityDeveloper Tools
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Tel Aviv, Israel
Founded 1993
Shellcase's acquisition by Tessera and Nanomotion's acquisition by Johnson Electric - two of 75 total exits across Infinity's three-decade history bridging Israeli innovation and Chinese markets
CybersecurityEnterprise SoftwareHealthcare
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$2B+ (owned by The Carlyle Group since 2022)
Assets Managed
Clovis Oncology's NASDAQ IPO under ticker CLVS - one of 73-plus IPOs across Abingworth's 50-year history, alongside Algeta's acquisition by Bayer in 2014 and early pre-biotech-pivot stakes in Apple and Silicon Graphics
HealthcareDeep Tech
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San Diego, CA
Founded 2000
$2B+ (150+ active portfolio companies, per NVCA 2026)
Assets Managed
Ring's 2018 acquisition by Amazon for more than $1 billion - Qualcomm Ventures was an early backer of the connected-home company
AI5GAutomotiveIoT
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Buenos Aires, Argentina
Founded 2011
$2B+ raised across seven funds
Assets Managed
Nubank's 2021 NYSE IPO - Kaszek was an early backer of the Brazilian neobank, which reached a market capitalization of roughly $67 billion by 2026
FintechEcommerceMarketplacesEnterprise Software
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Kuala Lumpur, Malaysia
Founded 2002
Prenetics' 2023 Nasdaq listing via SPAC merger - one of four Gobi-backed companies to reach unicorn status, alongside Carsome, Animoca Brands, and Amber Group
Consumer InternetFintechMobilityEnterprise Software
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No confirmed public exit yet - Lowercarbon's flagship bets (Commonwealth Fusion Systems, Charm Industrial, Solugen, Zap Energy) remain private, hard-tech climate companies still working toward commercial deployment
ClimateCarbon RemovalEnergyIndustrial Technology
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Zurich, Switzerland
Founded 2012
€2B+ ($2B+)
Assets Managed
Spotify's 2018 New York Stock Exchange direct listing - one of Klaus Hommels' early European conviction bets, made years before the streaming company reached mainstream household status
FintechDeep TechDefense & Dual-UseConsumer Internet
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$2.0B (total commitments)
Assets Managed
iZettle's $2.2 billion acquisition by PayPal in 2018 and Tink's approximately $2 billion acquisition by Visa in 2021 - together Europe's second and third largest fintech M&A exits ever, with Dawn the only investor in bot…
Enterprise SoftwareFintechCybersecurityAI
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Berlin, Germany
Founded 1997
€2B+ (~$2.2B)
Assets Managed
TeamViewer's 2019 IPO and Delivery Hero's 2017 IPO - two of Earlybird's clearest public-market outcomes; Babylon Health also completed a roughly $4.2 billion SPAC merger in 2021, though the company later collapsed into a…
FintechDeep TechHealthcareConsumer
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£2B (~$2.6B)
Assets Managed
Depop's $1.6 billion acquisition by Etsy in 2021 - an early Octopus Ventures backer of the fashion resale marketplace, alongside continued positions in Zoopla and SwiftKey
Deep TechHealthcareFintechConsumer
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Palo Alto, CA
Founded 2012
$1.8B+ invested to date
Assets Managed
JFrog's September 2020 Nasdaq IPO - DTC published a case study celebrating the DevOps company's public debut, part of a run of exits including Arista, DocuSign, MongoDB, Nutanix, SumoLogic, and Zscaler that generated mor…
AICybersecurityData & AnalyticsEnterprise Software
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$1.8B+ (across nine funds since founding)
Assets Managed
Fitbit's approximately $2.1 billion acquisition by Google in 2019 - an early Foundry investment, alongside Zynga's IPO at a $7 billion valuation and Gnip's acquisition by Twitter
Enterprise SoftwareConsumerAI
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£1.525B gross portfolio value / £1.324B net assets (as of March 31, 2026)
Assets Managed
UiPath, which Molten highlights at a $35.8 billion closing price post-IPO
Enterprise SoftwareFintechDeep TechHealthcare
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São Paulo, Brazil
Founded 2005
$1.5B (across 10 funds)
Assets Managed
99's 2018 acquisition by Didi Chuxing for roughly $1 billion - one of the earliest major venture-backed exits to come out of Latin America's ride-hailing sector
FintechMarketplacesLogisticsEdtech
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Palo Alto, CA
Founded 2010
$1.5B+ (across five funds)
Assets Managed
Blue River Technologies' acquisition by John Deere - one of Dror Berman's earliest and most defining bets, alongside Uber and SoFi both reaching public listings and Astra completing a SPAC merger
AIDeep TechClimate
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Riyadh, Saudi Arabia
Founded 2018
$1.4B+ (across multiple funds)
Assets Managed
Careem's acquisition by Uber - a landmark exit for STV's MENA portfolio
FintechEnterprise SoftwareHealthcare
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Bengaluru, India
Founded 2006
$1.3B (across seven funds)
Assets Managed
PolicyBazaar's 2021 IPO on the NSE and BSE - Chiratae was an early backer of the Indian insurance aggregator, one of five IPOs the firm has taken portfolio companies through
Consumer InternetFintechHealthcareDeep Tech
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Menlo Park, CA
Founded 2004
Nest Labs' $3.2 billion acquisition by Google in January 2014 - Rob Coneybeer personally led Shasta's Series A investment, a roughly 20x return that essentially repaid the firm's entire second fund
Enterprise SoftwareCybersecurityDeep TechConsumer
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Menlo Park, CA
Founded 1986
$1.25B (latest funds)
Assets Managed
New Relic's December 2014 NYSE IPO under ticker NEWR - one of several public listings across Trinity's four-decade history, alongside LoopNet's 1999 IPO and Zulily's 2013 IPO
Enterprise SoftwareFintechConsumerAI
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Firmwide AUM not disclosed; Fund VI reported at ~$1.24B (2024)
Assets Managed
Supercell's 2016 sale to Tencent in a deal valued at roughly $8.6 billion - one of the largest exits in European venture history
AIEnterprise SoftwareFintechHealthcare
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Sydney, Australia
Founded 2014
$1.2B+ (across all funds)
Assets Managed
No confirmed public exit yet - AirTree's clearest proof points are current unicorns Canva, Airwallex, and Linktree, all still privately held among the firm's eight billion-dollar-plus portfolio companies
FintechConsumerEnterprise SoftwareClimate
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Anthemis Digital Acquisitions I Corp's 2021 market debut - an all-female-led fintech SPAC founder Amy Nauiokas led to market, alongside real early-portfolio outcomes at Zoopla and Betterment
FintechInsurtech
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Munich, Germany
Founded 2015
$1.2B (across all funds)
Assets Managed
Next Insurance's $2.6 billion acquisition by Munich Re itself in 2025 - the largest outcome in the fund's decade-long history, alongside Mnubo's 2019 acquisition by AspenTech
FintechCybersecurityClimateEnterprise Software
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Mountain View, CA
Founded 2011
$1.1B+ (Fund III closed at $300M, April 2026)
Assets Managed
Xometry's June 2021 Nasdaq IPO - Partner Baris Guzel led the manufacturing marketplace's Series B in 2017 as his very first BMW i Ventures investment, and rang the Nasdaq bell alongside the company's team at its debut
MobilityClimateAI
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Berlin, Germany
Founded 2018
$1.05B+ (across funds)
Assets Managed
No public exit documented - BITKRAFT invests across games, esports, and immersive media at all stages
GamingCrypto
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Vienna, Austria
Founded 2011
€1B+ (mid-2020s)
Assets Managed
No single defined public exit documented - Speedinvest's portfolio includes fintech infrastructure companies like Bitpanda
FintechAIHealthcare
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Santa Monica, CA
Founded 2013
$1B+ (across four funds)
Assets Managed
CrowdStrike's 2019 NASDAQ IPO - Jamie Montgomery served as a board observer during CrowdStrike's private growth, one of several exits including ForgeRock and Elastic across March's decade-plus portfolio
Enterprise SoftwareCybersecurityAI
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San Jose, CA
Founded 1993
$1B AI Fund (2024); historically ~$250-300M deployed annually
Assets Managed
HashiCorp's December 2021 Nasdaq IPO at a roughly $14 billion valuation - Cisco's 2021 year-in-review named it alongside Confluent and GitLab as portfolio IPO milestones; HashiCorp was later taken private in IBM's Februa…
AICybersecurityCloud InfrastructureEnterprise Software
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New York, NY
Founded 2000
$1B (latest fund, 2023)
Assets Managed
Datadog's 2019 Nasdaq IPO - RTP Global was an early Series A-through-D investor in the observability platform, which priced at $27 per share and had grown to a market capitalization of roughly $93 billion by July 2026
AIEnterprise SoftwareFintechDeveloper Tools
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€1B+ (more than $1B)
Assets Managed
AUTO1 Group's 2021 Frankfurt Stock Exchange IPO at approximately €7.9 billion - Germany's largest tech IPO at the time, with DN Capital exiting 95% of its stake
FintechSaaSConsumer InternetAI
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$1B+ (following $320M raise, June 2026)
Assets Managed
UiPath's April 2021 Nasdaq IPO at a $35 billion valuation - Seedcamp was the process automation company's earliest backer, one of three decacorns (alongside Wise and Revolut) that trace back to its first check
FintechSaaSAICybersecurity
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San Mateo, CA
Founded 2015
Cloudflare's acquisition of Area 1 Security - one of three Forgepoint exits Co-Founder Alberto Yépez personally led, alongside Attivo Networks (acquired by SentinelOne) and BehavioSec (acquired by LexisNexis Risk Solutio…
CybersecurityAI SecurityInfrastructure Software
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San Francisco, CA
Founded 2017
$1B+ (across all funds)
Assets Managed
No confirmed public exit yet - Congruent's flagship bets (AMP Robotics, Fervo Energy, Span.IO, Meati Foods, Parallel Systems) remain private, still working toward commercial scale across climate hardware and energy
ClimateEnergyMobilityFood & Agriculture
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No single dollar-verified signature exit - Amit Anand has personally led three real exits (Zipdial to Twitter, TradeGecko to Intuit, Travelmob to HomeAway), while the firm's four unicorns (Livspace, Kredivo, Moglix, Buil…
SaaSB2BFintechConsumer Tech
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Currencycloud's acquisition by Visa in 2021 - Notion was an early investor in the cross-border payments platform, one of the firm's clearest proof points alongside continued backing of GoCardless
Enterprise SoftwareFintechAI
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San Francisco, CA
Founded 2011
$900M (Fund VI, 2024)
Assets Managed
No single defined public exit documented - Foresite invests across biotech and life-sciences platform technologies
Healthcare
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Menlo Park, CA
Founded 2012
$900M (Fund 6, Fund 6 Select & Amplify Bio, June 2025)
Assets Managed
Datadog's 2019 Nasdaq IPO - Amplify was one of the company's first institutional investors, more than a decade before the observability platform reached a market capitalization of roughly $93 billion by July 2026
AIDeveloper ToolsCybersecurityEnterprise Software
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Burlington, VT
Founded 2014
No single blockbuster exit - Gaingels' model is co-investing alongside lead VCs in oversubscribed rounds rather than leading deals, and its clearest proof point is scale: more than $1 billion deployed into 2,500-plus com…
Enterprise SoftwareFintechConsumer
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Portola Valley, CA
Founded 2013
~$835M (across funds)
Assets Managed
Casetext's $650 million all-cash acquisition by Thomson Reuters in 2023 - Rebecca Lynn led the early investment in the AI-powered legal research platform, which gained early access to GPT-4 before its exit
HealthcareFintechAI
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Los Altos, CA
Founded 2017
$800M+ (following two additional $150M funds, 2024)
Assets Managed
No public exit yet - Toyota Ventures' clearest proof point remains Nuro, the self-driving delivery company it backed early, which stays private, alongside continued frontier bets in generative AI, e-fuels, space commerci…
AIRoboticsClimateEnterprise Software
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Palo Alto, CA
Founded 2013
$600M (Wing Four, 2023)
Assets Managed
Snowflake's 2020 NYSE IPO - Wing was a first-check investor in the data cloud company, which priced at $120 per share and closed its first trading day valued at over $70 billion
AIData InfrastructureEnterprise SoftwareCybersecurity
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Berlin, Germany
Founded 2012
$500M (new funds announced 2025: Cherry V + opportunity fund)
Assets Managed
AUTO1 Group's 2021 Frankfurt debut, which implied a market value of around €10.6 billion on day one
AIEnterprise SoftwareFintechClimate
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Portola Valley, CA
Founded 2019
$450M (Fund IV + Select Fund, closed May 2022)
Assets Managed
Livongo's $18.5 billion acquisition by Teladoc Health in October 2020 - Threshold (then DFJ) backed Livongo in its earlier stages, making this one of the firm's largest realized exits
Enterprise SoftwareFintechHealthcareDeveloper Tools
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Munich, Germany
Founded 1999
€400M+ (across six fund generations)
Assets Managed
Alando's acquisition by eBay within 100 days of Acton's first investment in 1999, for $43 million - the deal that sparked a wave of German startups and helped establish Berlin as a European tech hub, alongside Zooplus's …
FintechMarketplacesMobilityConsumer
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Washington, D.C.
Founded 2005
$400M+ (Revolution Ventures funds specifically)
Assets Managed
Booker's $150 million acquisition by Mindbody in March 2018 - Revolution Ventures participated in Booker's Series A and B rounds, one of several exits including FitnessKeeper (acquired by Asics) and OrderUp (acquired by …
ConsumerEnterprise SoftwareFintech
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San Francisco, CA
Founded 2008
$400M target, Fund V, announced January 2025 ($160M secured at announcement)
Assets Managed
Affirm and Opendoor, both of which the firm's own team page states Raymond Tonsing backed from seed through to IPO.
Enterprise ApplicationsFintechDeep TechAI
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Nairobi, Kenya
Founded 1999
$300M+ (across all funds)
Assets Managed
No confirmed public exit yet - Andela, backed three years before reaching a $1.5 billion valuation in 2021, remains TLcom's clearest proof point as one of Africa's few non-fintech unicorns, though it stays privately held
FintechAgritechEdtechMobility
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Berlin, Germany
Founded 2013
€300M (Rocket Internet balance-sheet allocation, 2024)
Assets Managed
FintechSoftwareHealth TechConsumer Tech
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~$260M (across three funds)
Assets Managed
No confirmed public exit yet - Novastar's clearest proof points are its early bets on Bridge International Academies, Sanergy, mPharma, and SolarNow, all real, still-growing companies serving East and West Africa's mass-…
ConsumerClimateHealthcareEnterprise Software
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Stuttgart, Germany
Founded 2016
Up to €250M allocated (2023 announcement)
Assets Managed
No single dollar-verified signature exit - confirmed outcomes include Fleetonomy's 2020 sale to digital infrastructure company Via and Greyp Bikes' 2021 acquisition by Porsche itself, though neither transaction's value w…
MobilityClimateEnterprise Software
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Kigali, Rwanda
Founded 2022
$205M (debut fund, closed November 2023)
Assets Managed
No confirmed exit yet - Norrsken22's five investments (TymeBank, Sabi, Smile Identity, Autochek, Shara) all remain private, still-growing companies since the fund only launched in 2022
FintechHealthcareEdtechEnterprise Software
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Philadelphia, PA
Founded 1999
Sprinklr's 2021 NYSE IPO, priced at $16 per share and valuing the customer experience management company at roughly $4 billion
Consumer InternetEnterprise SoftwareMedia TechFintech
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No typical financial exit - as a strategic corporate fund, the Alexa Fund's clearest outcome is Ring, an early portfolio company Amazon itself acquired directly in 2018 rather than a third-party buyer or public listing
AIConsumerEnterprise Software
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$160M+ (latest fund)
Assets Managed
PowerSchool's 2021 IPO on NYSE - one of New Markets' notable exits across two decades of dedicated edtech and workforce investing, alongside Galvanize's acquisition by K12
Education TechnologyWorkforce DevelopmentSocial-Impact Software
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Mountain View, CA
Founded 2012
Not disclosed ($150M NEXT Fund, 2017; undisclosed AI-focused Q Fund, 2018)
Assets Managed
No single dollar-verified signature exit - Samsung NEXT's scale is cumulative instead: more than 230 investments and 330+ companies backed since inception, run by a 38-person team spanning Silicon Valley, Los Angeles, Ne…
AIFintechHealthcareCloud Infrastructure
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San Diego, CA
Founded 2009
$130M (Fund III, 2023)
Assets Managed
BiotechHealthcareFintechConsumer Products
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San Francisco, CA
Founded 2008
$80M Fund III close, 2020, with over $300M deployed across four active vehicles
Assets Managed
TravelTransportationHospitalityMobility
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Nairobi, Kenya
Founded 2019
$78M (across two funds)
Assets Managed
No confirmed exit yet - Enza's portfolio companies have instead attracted strong follow-on validation, including Guidewheel's Greycroft-led Series A and Shara's Index Ventures-led Series A, both companies Enza backed at …
FintechHealthcareClimateEnterprise Software
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Nairobi, Kenya
Founded 2017
No confirmed exit yet - KawiSafi's portfolio companies (BBOXX, d.light, Sistema.bio, Angaza, InspiraFarms, Redavia Solar) remain private, still-scaling businesses since the fund itself only launched in 2017
ClimateEnterprise Software
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Bengaluru, India
Founded 2015
₹4,400 crore (2026)
Assets Managed
SaaSFintechConsumer InternetDigital Health
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Not publicly disclosed (300+ portfolio companies across seed to growth)
Assets Managed
Tokopedia, East Ventures' most famous early bet, merged with Gojek to form GoTo and completed one of Indonesia's largest-ever IPOs on the Jakarta exchange in 2022
Consumer InternetFintechMarketplacesLogistics
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Tokyo, Japan
Founded 2013
Not disclosed (70+ portfolio companies globally)
Assets Managed
Lyft's 2019 Nasdaq IPO - Rakuten led the ride-sharing company's $530 million Series E in March 2015, investing $300 million for an 11.9% stake at the time
Consumer InternetFintechMobilityMarketplaces
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San Francisco, CA
Founded 2016
Not disclosed (100+ companies backed, including 15 unicorns and 6 IPOs)
Assets Managed
Cloudflare's 2019 NYSE IPO, ranked by Dealroom as an M12 portfolio outcome valued at $4.4 billion - sourced from a secondary database rather than Microsoft's own materials, so treated as secondary-verified
AIEnterprise SoftwareCybersecurity
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San Francisco, CA
Founded 2016
Not disclosed (50+ portfolio companies)
Assets Managed
Joby Aviation's August 2021 public listing - JetBlue Technology Ventures (now SKY VC) was an early backer of the electric air taxi company, and its former president Bonny Simi left the fund to join Joby directly as Head …
MobilityClimateEnterprise Software
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San Francisco, CA
Founded 2010
Not disclosed (150+ investments since launch; 200+ and ~30 exits at 15-year mark)
Assets Managed
No single dollar-verified signature exit - Arvind Purushotham's tenure has included Silver Tail Systems' acquisition by EMC among more than 120 investments, with the broader firm marking its 15th year at more than 200 in…
FintechAIEnterprise SoftwareCybersecurity
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Landshut, Germany
Founded 1995
Not publicly disclosed
Assets Managed
Deep TechHealthcareClimateEnterprise Software
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Cambridge, UK
Founded 1997
Not publicly disclosed
Assets Managed
Deep TechAICybersecurityHealthcare
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New York, NY
Founded 2016
Not publicly disclosed
Assets Managed
Artificial IntelligenceFintechBiotechDefense Tech
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