Where is Surge's headquarters located?

Surge's headquarters is located in United States.

How many companies has Surge invested in?

Surge has invested in 199 companies, including Cult.fit & Seekho.

Which companies has Surge invested in lately?

Companion Labs & Amaani are the latest investments by Surge.

How many exits has Surge been involved in?

Surge's portfolio has seen 13 acquisitions.

How many unicorns are there in Surge's portfolio?

There are 2 unicorns in Surge's portfolio.

Surge - 2026 Investor Profile, Portfolio, Team & Investment Trends

Surge, an accelerator and incubator program founded in 2019, is based in United States. With a presence in 13 countries, it has supported around 199 startups in sectors like Enterprise Applications, Consumer. As of Aug 2026, Surge has 2 unicorns under its belt and has witnessed 13 portfolio exits. Most notable companies in its portfolio include Cult.fit, Seekho and Log9. The program is backed by a team of 13 people who primarily support Seed startups based in India. Its latest investment was a $2.5M Seed round in Companion Labs on Nov 04, 2025, which also saw participation from All In Capital and The Untitled Ventures.

Key Metrics

Founded Year

2019

Location

United States

Portfolio Companies

Cult.fit, Seekho & 197 more

Sectors of Investment

Enterprise Applications, Consumer & 30 more

Stages of Investment

Seed, Series A & 2 more

Locations of Investment

India, United States & 11 more

Unicorn in Portfolio

Airalo & Cult.fit

View Surge's full profile

Surge has a portfolio of 199 companies, including 2 unicorns. Their most notable investments are in Meragi and Bamboobox.Their portfolio spans across India, United States, Singapore and 10 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 29 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Surge:

1. Cult.fit

Provider of fitness memberships encompassing group classes, gyms, and at-home workouts. It offers various membership tiers providing access to different combinations of in-person and virtual fitness options. These options include group fitness classes led by trainers, access to gyms with varying levels of equipment and amenities, and live at-home workout sessions. Memberships also incorporate access to sports activities such as badminton and swimming. The company also provides coaching programs focused on weight loss and wellness resources. The offerings aim to create a holistic fitness experience.

Key facts about Cult.fit

Founded Year: 2016
Location: Bengaluru (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series G
Total Funding till date: $714M
Employee Count: 1,832 as on Apr 30, 2025
Investors: Innoven Capital, Temasek and 100 Others
Latest Funding Round: Series G, Mar 17, 2026, $*****
Highlight: Editors' Pick

2. Seekho

Platform offers short-form educational videos in Hindi and regional languages. The platform focuses on skill development across domains like digital marketing, finance, entrepreneurship, and personal development. Its platform includes both free and premium content, with a subscription model and ad-supported access. Users can engage through video series, quizzes, live events, and mentorship, making the learning experience interactive and practical.

Key facts about Seekho

Founded Year: 2020
Location: Bengaluru (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series B
Total Funding till date: $42.3M
Employee Count: 64 as on Aug 31, 2025
Investors: Elevation Capital, Goodwater Capital and 38 Others
Latest Funding Round: Series B, Aug 29, 2025, $*****
Highlight: Editors' Pick

3. Log9

Online platform offering advanced battery technology solutions for electric vehicles. It is an innovative nanotechnology company specializing in the production of graphene based materials and the development of advanced battery solutions.

Key facts about Log9

Founded Year: 2015
Location: Bengaluru (India)
Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
Valuation: $*****
Stage: Series B
Total Funding till date: $90.3M
Employee Count: 261 as on Jun 30, 2026
Investors: Innoven Capital, Trifecta Capital and 80 Others
Latest Funding Round: Angel, May 10, 2024, $*****
Highlight: Editors' Pick

4. Invideo

Developer of an artificial intelligence platform for video creation and editing. The platform provides tools for generating videos from text prompts, images, and other media. It offers features such as AI avatars, voice cloning, video translation, and subtitle generation. The platform also includes an online video editor, video collage maker, and tools for adding music and text to videos.

Key facts about Invideo

Founded Year: 2017
Location: San Francisco (United States)
Annual Revenue: $10M - $50M as on Mar 31, 2025
Valuation: $*****
Stage: Series B
Total Funding till date: $52.5M
Employee Count: 91 as on Aug 31, 2025
Investors: Greenoaks, Tiger Global Management and 38 Others
Latest Funding Round: Series B, 2022, $*****
Highlight: Editors' Pick

5. DrinkPrime

Provider of water purification devices available through subscription plans and services. The company offers a range of water purification products utilizing multi-stage filtration. These products incorporate features such as sediment and carbon filters, RO membrane, UV lamp, mineraliser, and alkaline filter. The company provides options for tracking water consumption and filter health.

Key facts about DrinkPrime

Founded Year: 2016
Location: Bengaluru (India)
Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $18M
Employee Count: 287 as on Aug 31, 2025
Investors: Tracxn Labs, SIDBI Venture Capital and 91 Others
Latest Funding Round: Series A, Mar 11, 2026, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Surge has invested in 199 companies over the last 8 years, with an average of 16 new investments annually in the last 5 years. In 2025, it made 8 investments. Its most recent first time investment was in Companion Labs and most recent follow-on round was in Amaani.

Here are Surge's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	6	2	8
2024	12	7	19
2023	20	9	29
2022	36	16	52
2021	25	21	46
2020	32	13	45
2019	35	1	36
2018	1	0	1

View all investments by Surge

Surge has made 142 investments in Seed stage with an average round size of $3.03M, 23 investments in Series A stage with an average round size of $6.33M, 1 investment in Series B stage with an average round size of $25M and 1 investment in Series F stage with an average round size of $1.33M.

Here are Surge's investments by stage:

Stage of entry	No. of Investments
Seed	142
Series A	23
Series B	1
Series F	1

Note: We have considered here, only first round of investments

View all investments by Surge

Surge has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and High Tech. Notably, it has invested in 183 Tech companies, 122 Enterprise (B2B) companies, 122 Software companies and at least 88 companies focusing on Consumer (B2C).

Here are Surge's investments by sector:

Sector	No. of Investments
Enterprise Applications	87
Consumer	46
FinTech	28
Retail	28
High Tech	26
Others	173

Note: We have considered here, only first round of investments

View all investments by Surge

Surge has made most investments in India (75), followed by United States where it has made 38 investments.

Here are Surge's investments by geography:

Country	No. of Investments
India	75
United States	38
Singapore	24
Indonesia	17
Australia	4
Others	15

Note: We have considered here, only first round of investments

View all investments by Surge

Surge has not made any investment in 2026 so far.

Here are the most recent investments by Surge:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Nov 04, 2025	Companion Labs	India	Seed	7952	All In Capital [+6]
Sep 16, 2025	Amaani	United Arab Emirates	Seed	4241	-
Sep 04, 2025	OnFinance AI	India	Seed	5979	Mars Shot Ventures [+45]
Sep 03, 2025	Ignosis	India	Seed	3660	Force Ventures [+5]
Aug 04, 2025	Qbeast	Spain	Seed	6609	HWK [+1]

See more recent investments made by Surge

Surge has 2 unicorns in its portfolio - Airalo and Cult.fit. The most recent unicorn in their portfolio is Airalo. It became a unicorn in 2025, 5 years after Surge first invested in it.

Here is a list of unicorns in Surge's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
73	Airalo	Operator of eSIM stores intended to provide connectivity to travellers	2019	Telecom	Delaware	Series C	vdwijek
84	Cult.fit	Provider of fitness memberships encompassing group classes, gyms, and at-home workouts	2016	HealthTech [+1]	Bengaluru	Series G	bxfaluw

View more details about unicorns in Surge's portfolio

13 companies from Surge's portfolio have been acquired. The most recent acquisition was Aampe in Jun 2026 by MoEngage for $*****.

Here are Surge's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Aampe	Jun 24, 2026	Nov 25, 2020	Seed	9972
Zenyum	Feb 11, 2026	Apr 19, 2019	Seed	6888
Requestly	May 06, 2025	Mar 01, 2023	Seed	1156
Outplay	Mar 28, 2025	Mar 02, 2021	Seed	9002
Minimalist	Jan 22, 2025	-	-	4116

View all acquired companies in Surge's portfolio

Surge has a team of 13 members including 1 Partner, 1 Venture Partner and 6 Principals located in India and Singapore. Surge's team sits on the board of 2 companies.

Here is a list of top team members in Surge:

Name	Designation	Location	Board Memberships	Contact Details
Shailendra Singh	Partner	Singapore	Via, Craftsvilla and 1 more	1 Email, 1 Phone number
Aaditya Sood	Venture Partner	Bengaluru	-	-
Javier Ng	Principal	Singapore	-	-
Kaustubh Mundra	Principal	Bengaluru	-	1 Phone number
Wendy Q	Principal	Singapore	-	-
Harshita Jain	Principal	Bengaluru	Auro Minerals	1 Phone number
Saksham Mittal	Principal	Bengaluru	-	-
Lara Kanga	Principal	Singapore	-	-

View team details of Surge

Over the past 8 years, 1729 investors have co-invested in Surge's portfolio companies. This includes funds and angels.

Invested before Surge: Angel List, Peak XV Partners and 780 others have invested in rounds before Surge. There are 13 companies where Angel List has invested before Surge and 12 companies where Peak XV Partners has invested before Surge.
Top Co-investors of Surge: 399 investors entered a company along with Surge. These include investors like Peak XV Partners (14 companies).
Invested after Surge: A total of 548 investors have invested in Surge's portfolio after their investments. Top Investors include Peak XV Partners (36 companies) and Tiger Global Management (13 companies).