About Pinnacle Ventures
Pinnacle Ventures, established in 2002, is a private debt fund primarily based in Palo Alto, United States. It specializes in financing Series C round of companies based in United States. Its portfolio includes 136 firms, spanning the Enterprise Applications, Life Sciences sectors.
As of Aug 2026, Pinnacle Ventures has 2 unicorns under its belt and has witnessed 97 portfolio exits so far. Its most notable investments include companies like Kabam, Next Door and Zazzle.
Its latest investment was a $50M Series C round in VOOX on Jan 11, 2025.
Key Metrics
Founded Year
2002
Location
Palo Alto, United States
Sectors of Investment
Stages of Investment
Series C, Series B & 6 more
Locations of Investment
Pinnacle Ventures' List of Top Investments
Pinnacle Ventures has a portfolio of 136 companies, including 2 unicorns. Their most notable investments are in Fab and Kovio.Their portfolio spans across United States, Brazil, Canada and 3 more locations. They have invested in Enterprise Applications, Life Sciences, Consumer and 28 other sectors, across stages such as Series C, Series B and 6 more. Here is the list of top investments by Pinnacle Ventures:1. Kabam
Kabam is a video game developer and publisher based in Canada.It specializes in mid-core games and MMOs for mobile and web platforms. It is focused on developing AAA mobile games. It has developed multiple games including "Marvel: Contest of Champions" and "Transformers: Forged to Fight" based on a Freemium model for mobile platforms and web platforms such as Facebook, Yahoo and their website. Has won multiple awards including "Apple Editors Choice 2014" and "Google Play Editors Choice 2014" for its game Marvel Contest of Champions.
Key facts about Kabam
2. Next Door
Social networking and e-commerce platform for neighborhoods. It allows users to sign up with an address and connect with people in their local communities and greet newcomers, exchange recommendations, and read the local news. It also works with local government agencies that can send out citywide alerts on things like utility shutdowns, alerts, or emergency preparedness tips. Available on both Android and iOS devices.
Key facts about Next Door
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $470M
- Employee Count: 968 as on May 31, 2026
- Investors: Meritech, Syren Capital Advisors and 51 Others
- Latest Funding Round: Series F, May 08, 2019, $*****
- Highlight: Public
3. Zazzle
Online marketplace offering customized/designed products. The platform enables the users to create their own products. Users can create anything like customized t-shirts, mugs, customized masks, postage stamps, etc. Users can also receive a commission on products that they sell and design themselves. The platform has its own patented color print technology which allows users to manufacture multicolored items. Its mobile application is available on iOS and Android platforms.
Key facts about Zazzle
- Founded Year: 1999
- Location: Redwood City (United States)
- Stage: Acquired
- Total Funding till date: $46M
- Employee Count: 1,023 as on Mar 31, 2026
- Investors: Saints Capital, Northgate Capital and 7 Others
- Latest Funding Round: Series B, Oct 01, 2007, $*****
- Highlight: Acquired
4. Zipcar
Operator of a network providing on-demand access to shared vehicles. The service allows members to reserve vehicles for short periods. Included are standard damage protection, maintenance, and support. The program offers options for both personal and business use.
Key facts about Zipcar
5. Jumio
Provider of AI-powered identity verification solutions. It offers AI-based KYC and AML solutions for businesses. The platform provides solutions for customer onboarding, fraud protection, identity verification, transaction monitoring, document verification, and SMS based authentication. It caters to financial institutions, gaming sectors, retailers, and telecommunication.
Key facts about Jumio
- Founded Year: 2010
- Location: Sunnyvale (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $196M
- Employee Count: 610 as on May 31, 2026
- Investors: SeedFord Partners, Great Hill Partners and 10 Others
- Latest Funding Round: Series D, Mar 23, 2021, $*****
- Highlight: Acquired
Pinnacle Ventures' Year-on-Year Investment Trends
Pinnacle Ventures has invested in 136 companies over the last 22 years, with an average of 0 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in VOOX and most recent follow-on round was in PSafe.Pinnacle Ventures' Investments by Stage
Pinnacle Ventures has made 13 investments in Series C stage with an average round size of $37.9M, 10 investments in Series B stage with an average round size of $21.5M and 8 investments in Series A stage with an average round size of $13.5M.Stage of entry | No. of Investments |
|---|---|
Series C | 13 |
Series B | 10 |
Series A | 8 |
Series D | 6 |
Venture Debt | 3 |
Others | 4 |
Note: We have considered here, only first round of investments
Pinnacle Ventures' Investments by Sector
Pinnacle Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Life Sciences, Enterprise Infrastructure and Retail. Notably, it has invested in 113 Tech companies, 91 Enterprise (B2B) companies, 65 Software companies and at least 33 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 15 |
Consumer | 9 |
Life Sciences | 9 |
Enterprise Infrastructure | 6 |
Retail | 5 |
Others | 36 |
Note: We have considered here, only first round of investments
Pinnacle Ventures' Investments by Geography
Pinnacle Ventures has made most investments in United States (41), followed by Belgium where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 41 |
Belgium | 1 |
Brazil | 1 |
India | 1 |
Note: We have considered here, only first round of investments
Pinnacle Ventures' recent investments
Pinnacle Ventures has not made any investment in 2026 so far.Here are the most recent investments by Pinnacle Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 11, 2025 | United States | Series C | 9565 | - | |
Jun 07, 2023 | United States | Series A | 2088 | [+3] | |
Jun 09, 2016 | Belgium | Series A | 8832 | [+4] | |
Dec 03, 2015 | United States | Series A | 4636 | ||
Jul 09, 2015 | Brazil | Series D | 9299 | [+1] |
Unicorns in Pinnacle Ventures' Portfolio
Pinnacle Ventures has 2 unicorns in its portfolio - TechStyle and Solyndra. The most recent unicorn in their portfolio is TechStyle. It became a unicorn in 2014, 12 years before Pinnacle Ventures first invested in it.Here is a list of unicorns in Pinnacle Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of membership commerce solutions for fashion businesses | 2010 | El Segundo | Series C | rarfghl | ||
55 | Provider of solar panels, solar panel kits, and related components | 2005 | Fremont | Series E | rbsmuqy |
IPOs and Publicly Listed companies in Pinnacle Ventures' Portfolio
5 of Pinnacle Ventures' portfolio companies have become public. LanzaTech got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Feb 2023 and Next Door got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Pinnacle Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 10, 2023 | - | - | 8413 | |
May 26, 2021 | Jul 24, 2012 | Series A | 5201 | |
Apr 15, 2014 | Jun 04, 2012 | Series D | 7268 | |
Nov 14, 2013 | Nov 19, 2009 | Series C | 9901 | |
Feb 11, 2011 | - | - | 9751 |
Acquired companies in Pinnacle Ventures' Portfolio
92 companies from Pinnacle Ventures' portfolio have been acquired. The most recent acquisition was Lotame in Mar 2025 by Publicis Groupe for $*****.Here are Pinnacle Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 06, 2025 | Dec 06, 2010 | Series C | 7965 | |
Nov 18, 2024 | - | - | 8971 | |
Aug 01, 2023 | Sep 18, 2006 | Series D | 8717 | |
Apr 13, 2023 | - | - | 1805 | |
Jul 21, 2022 | - | - | 5038 |
Co-investors of Pinnacle Ventures
Over the past 22 years, 250 investors have co-invested in Pinnacle Ventures's portfolio companies. This includes funds and angels.
- Invested before Pinnacle Ventures: Redpoint Ventures, Benchmark and 63 others have invested in rounds before Pinnacle Ventures. There are 4 companies where Redpoint Ventures has invested before Pinnacle Ventures and 3 companies where Benchmark has invested before Pinnacle Ventures.
- Top Co-investors of Pinnacle Ventures: 100 investors entered a company along with Pinnacle Ventures. These include investors like Greylock Partners (5 companies).
- Invested after Pinnacle Ventures: A total of 85 investors have invested in Pinnacle Ventures's portfolio after their investments. Top Investors include Horizon (3 companies) and Meritech (2 companies).
Recent News related to Pinnacle Ventures
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