About Alchemist Accelerator
Alchemist Accelerator, an accelerator and incubator program founded in 2012, is based in San Francisco, United States. With a presence in 43 countries, it has supported around 517 startups in sectors like Enterprise Applications, High Tech. As of Jul 2026, Alchemist Accelerator has 3 unicorns under its belt and has witnessed 61 portfolio exits. Most notable companies in
its portfolio include LaunchDarkly, Cobalt and Cloudastructure. The program is backed by a team of 35 people who primarily support Seed startups based in United States. Its latest investment was a $3.8M Seed round in Turbo Law on Jun 18, 2026, which also saw participation from Revo Capital and Treeo VC.
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 2 more
Locations of Investment
Alchemist Accelerator's List of Top Investments
Alchemist Accelerator has a portfolio of 517 companies, including 3 unicorns. Their most notable investments are in Scalvy and HydroVirga.Their portfolio spans across United States, India, Canada and 40 more locations. They have invested in Enterprise Applications, High Tech, Retail and 36 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Alchemist Accelerator:
1. LaunchDarkly
Provider of platform for feature flags, experimentation, and AI configuration. It offers tools for feature lifecycle management, governance, and automation. The platform provides integrations, documentation, and support resources. It helps developers to release features, observe performance, and iterate based on data.
Key facts about LaunchDarkly
- Founded Year: 2014
- Location: Oakland (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $330M
- Employee Count: 640 as on May 31, 2026
- Investors: NewView Capital, RAA Capital and 21 Others
- Latest Funding Round: Series D, Aug 10, 2021, $*****
- Highlight: Editors' Pick
2. Cobalt
Provider of penetration testing as a service and offensive security. The company offers a platform that combines technology with security experts to deliver insights. It provides application, network, and cloud security services. The company also offers digital risk assessment, red teaming, and attack surface management.
Key facts about Cobalt
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $36.6M
- Employee Count: 556 as on May 31, 2026
- Investors: Draper, Highland Europe and 24 Others
- Latest Funding Round: Series B, Aug 20, 2020, $*****
- Highlight: Editors' Pick
Provider of cloud and AI-based integrated video analytics systems. It offers integrated building automation solutions for video monitoring and surveillance as a Service (VSaaS), door Access Controls as a Service (ACaaS), as well as integration with sensors to support IoT initiatives. the solution centralizes the management of access control with video monitoring and allows customers to scale geographically to multiple locations.
Key facts about Cloudastructure
- Founded Year: 2013
- Location: San Mateo (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $31.3M
- Employee Count: 61 as on May 31, 2026
- Investors: BVA, Root Ventures and 9 Others
- Latest Funding Round: Post IPO, Apr 21, 2025, $*****
- Highlight: Public
Provider of health benefits for employees and individuals. It connects employers to a healthcare benefits provider and helps users plan their appointments, gather medical records, navigate post-op physical therapy, offer upfront bundled payments to employers, and more.
Key facts about Carrum Health
- Founded Year: 2013
- Location: San Mateo (United States)
- Stage: Series B
- Total Funding till date: $96M
- Employee Count: 244 as on May 31, 2026
- Investors: Cross Creek, Tiger Global Management and 8 Others
- Latest Funding Round: Series B, May 30, 2023, $*****
- Highlight: Editors' Pick

5. Foodsmart
Provider of telenutrition and food care network platform. The platform provides users with health plans. The platform provides telenutrition meetings with registered dietitians. It also provides personalized meal plans and recipes.
Key facts about Foodsmart
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Series D
- Total Funding till date: $263M
- Employee Count: 684 as on Mar 31, 2026
- Investors: Rally Ventures, Westway Capital and 26 Others
- Latest Funding Round: Series D, Jun 26, 2024, $*****
- Highlight: Editors' Pick
Alchemist Accelerator's Year-on-Year Investment Trends
Alchemist Accelerator has invested in 517 companies over the last 14 years, with an average of 40 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Turbo Law and most recent follow-on round was in 36ZERO Vision.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 2 | 4 |
2024 | 2 | 2 | 4 |
2023 | 36 | 2 | 38 |
2022 | 57 | 0 | 57 |
2021 | 65 | 1 | 66 |
2020 | 57 | 2 | 59 |
2019 | 57 | 0 | 57 |
2018 | 58 | 0 | 58 |
2017 | 54 | 3 | 57 |
Alchemist Accelerator's Investments by Stage
Alchemist Accelerator has made 495 investments in Seed stage with an average round size of $808K, 7 investments in Series A stage with an average round size of $3.41M, 3 investments in Unattributed stage and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 495 |
Series A | 7 |
Unattributed | 3 |
Series B | 1 |
Note: We have considered here, only first round of investments
Alchemist Accelerator's Investments by Sector
Alchemist Accelerator has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, Enterprise Infrastructure and Consumer. Notably, it has invested in 465 Tech companies, 425 Enterprise (B2B) companies, 362 Software companies and at least 217 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 327 |
High Tech | 139 |
Vertical SaaS | 80 |
Enterprise Infrastructure | 66 |
Consumer | 61 |
Others | 560 |
Note: We have considered here, only first round of investments
Alchemist Accelerator's Investments by Geography
Alchemist Accelerator has made most investments in United States (390), followed by Canada where it has made 16 investments.Country | No. of Investments |
|---|---|
United States | 390 |
Canada | 16 |
India | 15 |
Germany | 10 |
Russia | 7 |
Others | 71 |
Note: We have considered here, only first round of investments
Alchemist Accelerator's recent investments
Alchemist Accelerator has made 1 investments in 2026 so far - Turbo Law.Here are the most recent investments by Alchemist Accelerator:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 18, 2026 | United States | Seed | 5041 | [+3] | |
Jul 15, 2025 | Germany | Seed | 7475 | [+3] | |
Jul 14, 2025 | India | Seed | 6420 | - | |
Mar 13, 2025 | United States | Seed | 5713 | [+10] | |
Mar 05, 2025 | United States | Seed | 7721 | [+8] |
Unicorns in Alchemist Accelerator's Portfolio
Alchemist Accelerator has 3 unicorns in its portfolio - ZaiNar, Onebrief and LaunchDarkly. The most recent unicorn in their portfolio is ZaiNar. It became a unicorn in 2026, 7 years after Alchemist Accelerator first invested in it.Here is a list of unicorns in Alchemist Accelerator's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Developer of wireless network technology for precise real time positioning | 2016 | Menlo Park | Seed | nenpwkm | ||
59 | Cloud-based mind mapping solutions for enterprises and the military | 2018 | Austin | Series D | dbv{xjq | ||
74 | Provider of platform for feature flags, experimentation, and AI configuration | 2014 | Oakland | Series D | xqojuh{ |
IPOs and Publicly Listed companies in Alchemist Accelerator's Portfolio
2 of Alchemist Accelerator's portfolio companies have become public. Cloudastructure got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2025 and Rigetti Computing got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Alchemist Accelerator's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 30, 2025 | 2017 | Seed | 3339 | |
Mar 02, 2022 | 2014 | Seed | 9160 |
Acquired companies in Alchemist Accelerator's Portfolio
59 companies from Alchemist Accelerator's portfolio have been acquired. The most recent acquisition was Amper in Dec 2025 by ECi Solutions for $*****.Here are Alchemist Accelerator's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2025 | May 24, 2017 | Seed | 5475 | |
May 28, 2025 | May 2017 | Seed | 8777 | |
May 02, 2025 | May 2023 | Seed | 2229 | |
Apr 09, 2025 | Nov 10, 2013 | Seed | 7668 | |
Apr 04, 2025 | May 24, 2017 | Seed | 3002 |
Team profile of Alchemist Accelerator
Alchemist Accelerator has a team of 35 members including 8 Partners and 2 Principals located in United States, France and 1 more location. Alchemist Accelerator's team does not sit on the board of any company as of now.Here is a list of top team members in Alchemist Accelerator:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | Saint Hippolyte | - | - | |
Partner | Istanbul | - | ||
Partner | - | - | ||
Partner | - | - | ||
Principal | - | - | ||
Principal | - | - |
Co-investors of Alchemist Accelerator
Over the past 14 years, 1136 investors have co-invested in Alchemist Accelerator's portfolio companies. This includes funds and angels.
- Invested before Alchemist Accelerator: 500 Global, Right Side Capital Management and 256 others have invested in rounds before Alchemist Accelerator. There are 7 companies where 500 Global has invested before Alchemist Accelerator and 6 companies where Right Side Capital Management has invested before Alchemist Accelerator.
- Top Co-investors of Alchemist Accelerator: 87 investors entered a company along with Alchemist Accelerator. These include investors like Andreessen Horowitz (2 companies).
- Invested after Alchemist Accelerator: A total of 791 investors have invested in Alchemist Accelerator's portfolio after their investments. Top Investors include National Science Foundation (9 companies) and Plug and Play Tech Center (8 companies).
Recent News related to Alchemist Accelerator
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Turbo Law Raises $3.8 Million in Pre-Seed Round Led by Revo CapitalStartup Rise EU•Jun 18, 2026•Revo Capital, TurboLaw, Alchemist Accelerator, Treeo VC and 2 others
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Universal Fuel Technologies Raises $3m To Reduce Sustainable Aviation Fuel Costs By Up To 50%intelligence360•Oct 31, 2024•Universal Fuel Technologies, TO VC, Alchemist Accelerator, Claire Technologies and 1 other
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Universal Fuel Technologies Raises $3M to Reduce Sustainable Aviation Fuel Costs by up to 50%Business Wire•Oct 22, 2024•Universal Fuel Technologies, TO VC, Claire Technologies, Worldstar Aviation and 2 others
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Alchemist’s latest batch puts AI to work as accelerator expands to Tokyo, DohaTechCrunch+•May 21, 2024•Alchemist Accelerator
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Alchemist Accelerator loses new managing director to AI startupThe Business Journals•May 31, 2023•Alchemist Accelerator
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Glass Raises $3M in FundingFinSMEs•May 05, 2023•Glass, New Age Capital, Newtopia, Alcove Management and 6 others