About Idealab
Idealab, an accelerator and incubator program founded in 1996, is based in Pasadena, United States. With a presence in 9 countries, it has supported around 126 startups in sectors like Enterprise Applications, Consumer. As of Aug 2026, Idealab has 1 unicorn under its belt and has witnessed 49 portfolio exits. Most notable companies in
its portfolio include Coinbase, PayPal and Twilio. The program is backed by a team of 21 people who primarily support Seed startups based in United States. Its latest investment was a $2.5M Seed round in Tuned on Sep 19, 2022 along with Elements Health Ventures.
Key Metrics
Founded Year
1996
Location
Pasadena, United States
Sectors of Investment
Stages of Investment
Seed, Series A & 4 more
Locations of Investment
Unicorn in Portfolio
Idealab's List of Top Investments
Idealab has a portfolio of 126 companies, one of which is a Unicorn. Their most notable investments are in Cheese and eSolar.Their portfolio spans across United States, India, United Kingdom and 6 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 29 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Idealab:
1. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,383 as on Jun 30, 2026
- Investors: TrueBridge, K2 Global and 148 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. PayPal
Provider of online payment solutions, money transfers, and virtual wallets. It facilitates online transactions for individuals and businesses. It offers tools for online checkout, payment links, and invoicing. The platform provides risk management, dispute management, and reporting tools. It allows users to send and receive payments.
Key facts about PayPal
- Founded Year: 1998
- Location: United States
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $216M
- Employee Count: 37,012 as on Jun 30, 2026
- Investors: Alcor Fund, Goldman Sachs and 29 Others
- Latest Funding Round: Post IPO, Jul 26, 2022, $*****
- Highlight: Public

3. Twilio
Cloud based omnichannel communication and customer engagement platform. The platform offers a telephony infrastructure web service in the cloud, allowing web developers to integrate phone calls, text messages, and IP voice communications into the web, mobile, and traditional phone applications. It provides customer data platform that allows users to collect data from different channels, and manage the customer journeys in real time. It caters its solution to industries such as reatil, finance, healthcare, and more.
Key facts about Twilio
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $240M
- Employee Count: 7,442 as on Jun 30, 2026
- Investors: TCV, TrueBridge and 40 Others
- Latest Funding Round: Post IPO, Jul 31, 2021, $*****
- Highlight: Public
4. Tenor
GIF keyboard platform bringing personality to conversations through animated content. It is a platform where users can explore, discover, and share animated GIFs to express themselves. It offers a vast library of reaction GIFs and trending content, accessible through its GIF Keyboard on Android. The platform partners with content creators, movie studios, TV networks, game publishers, and sports leagues to enhance mobile communication. It provides APIs, including the Tenor GIF API and Unity AR SDK, for integration into other applications. The company aims to define a new visual language for mobile users, making it easy to find and share the right GIF across devices. It is a B2C tech company offering a software solution for enhancing digital conversations.
Key facts about Tenor
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $32M
- Employee Count: 65 as on Mar 31, 2026
- Investors: Tenaya Capital, Menlo Ventures and 7 Others
- Latest Funding Round: Series B, 2017, $*****
- Highlight: Acquired
Provider of digital exchange, market data, and commodity price solutions. This company offers end-to-end platforms for trading, price discovery, capital raising, indexing, and clearing across multiple asset classes including commodities such as oil, natural gas, power, and coal. It digitizes key financial and physical commodity markets to increase efficiency and reduce costs. The firm delivers high-quality, market-leading data and analytics to support informed decision-making for market participants. It also focuses on streamlining processes like mortgage digitization to enhance operational workflows.
Key facts about Intercontinental Exchange
- Founded Year: 1999
- Location: Atlanta (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 11,537 as on Mar 31, 2026
- Investors: EverGreen Capital Management, Idealab and 2 Others
- Latest Funding Round: Post IPO, Jun 22, 2022, $*****
- Highlight: Public
Idealab's Year-on-Year Investment Trends
Idealab has invested in 127 companies over the last 27 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Tuned and most recent follow-on round was in Cheese.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 2 | 0 | 2 |
2021 | 2 | 1 | 3 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
Idealab's Investments by Stage
Idealab has made 18 investments in Seed stage with an average round size of $1.77M, 11 investments in Series A stage with an average round size of $11.5M and 7 investments in Series B stage with an average round size of $37.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 18 |
Series A | 11 |
Series B | 7 |
Series C | 5 |
Post IPO | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Idealab's Investments by Sector
Idealab has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Media & Entertainment and Environment Tech. Notably, it has invested in 86 Tech companies, 55 Enterprise (B2B) companies, 53 Consumer (B2C) companies and at least 50 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 13 |
Consumer | 11 |
High Tech | 6 |
Media & Entertainment | 6 |
Environment Tech | 5 |
Others | 41 |
Note: We have considered here, only first round of investments
Idealab's Investments by Geography
Idealab has made most investments in United States (33), followed by India where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 33 |
India | 2 |
Belgium | 1 |
Israel | 1 |
Libya | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Idealab's recent investments
Idealab has not made any investment in 2026 so far.Here are the most recent investments by Idealab:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 19, 2022 | United States | Seed | 7484 | ||
Jun 06, 2022 | United States | Series B | 2632 | [+3] | |
Oct 19, 2021 | United States | Series A | 5086 | [+1] | |
Aug 25, 2021 | Switzerland | Post IPO | 5916 | [+6] | |
Mar 11, 2021 | United States | Seed | 9264 | [+6] |
Unicorns in Idealab's Portfolio
Idealab has 1 unicorn in its portfolio - Fair. The most recent unicorn in their portfolio is Fair which became a unicorn in 2018, 7 years before Idealab first invested in it.Here is a list of unicorns in Idealab's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | App-based platform to lease cars | 2016 | Santa Monica | Series B | bcaikgo |
IPOs and Publicly Listed companies in Idealab's Portfolio
15 of Idealab's portfolio companies have become public. Aptera Motors got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2025 at marketcap of undefined and Coinbase got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $28.7B.Here are Idealab's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 16, 2025 | Jun 06, 2022 | Series B | 1944 | |
Apr 14, 2021 | - | - | 9144 | |
Apr 01, 2021 | Aug 25, 2021 | Post IPO | 7193 | |
Feb 19, 2019 | - | - | 1048 | |
Jun 23, 2016 | - | - | 6149 |
Acquired companies in Idealab's Portfolio
34 companies from Idealab's portfolio have been acquired. The most recent acquisition was Heliogen in May 2025 by Zeo Energy for $*****.Here are Idealab's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 29, 2025 | - | - | 6927 | |
Jun 24, 2024 | Jan 23, 2019 | Series B | 9406 | |
Nov 13, 2023 | Nov 14, 2000 | Series C | 8665 | |
Mar 09, 2022 | Sep 17, 2014 | Seed | 2179 | |
May 25, 2021 | Sep 29, 2016 | Seed | 9872 |
Team profile of Idealab
Idealab has a team of 21 members including 12 Partners, 1 Venture Partner and 3 Principals located in United States and South Africa. Idealab's team sits on the board of 1 company.Here is a list of top team members in Idealab:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Pasadena | |||
Partner | Boston | - | ||
Partner | - | - | ||
Partner | Los Angeles | - | ||
Partner | Los Angeles | - | - | |
Partner | Johannesburg | - | - | |
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Los Angeles | - |
Co-investors of Idealab
Over the past 27 years, 236 investors have co-invested in Idealab's portfolio companies. This includes funds and angels.
- Invested before Idealab: OSTI, Deutsche Bank and 43 others have invested in rounds before Idealab. There are 2 companies where OSTI has invested before Idealab and 1 company where Deutsche Bank has invested before Idealab.
- Top Co-investors of Idealab: 99 investors entered a company along with Idealab. These include investors like 500 Global (3 companies).
- Invested after Idealab: A total of 92 investors have invested in Idealab's portfolio after their investments. Top Investors include DOE (2 companies) and OSTI (2 companies).
Recent News related to Idealab
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Idealab Arizona Launches a New Startup Studio to Increase Local Startups and JobsBusiness Wire•Oct 16, 2024•Idealab
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Intramotev Raises $14.4 Million to Retrofit a New Era of Growth for Rail IndustryPR Newswire•Aug 16, 2024•intramotev, Advantage Capital, Civimetria, Band Capital Partners and 9 others
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US-based CarbonCapture raises $80m from Saudi Aramco, othersThe Financial Express•Mar 12, 2024•CarbonCapture, Aramco, Prime Movers Lab, The Climate Pledge and 6 others
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UpdateAI Lands $2.3M to Ignite Customer Success with Cutting-Edge AI TechnologyBusiness Wire•Jun 01, 2023•Update, Idealabx, Stage Venture Partners, Zoom and 2 others
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Tuned Receives $3.5 Million in FundingMedical Product Outsourcing•Apr 05, 2023•Tuned, Distributed Ventures, Idealab
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Tuned Raises $2.5M Seed Round to Radically Upend the Status Quo in Hearing CareMedical Device News•Sep 19, 2022•Tuned, Idealab
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