About Rizvi Traverse
Rizvi Traverse is a private equity firm founded in 2004. It is primarily based in West Palm Beach, United States. As of May 2026, Rizvi Traverse has a portfolio of 25 companies, comprising 25 funding rounds and 2 acquisitions. The firm primarily invests in companies based in United States and Germany. Its portfolio is spread across a wide range of sectors from Media & Entertainment to Consumer. Its latest investment was a $***** Series A round in SandboxAQ on Dec 18, 2024 which also saw participation from Alger, Yann LeCun and other investors.
Overall Rizvi Traverse portfolio has seen 3 unicorns, 9 IPOs and 6 acquisitions including key companies like Facebook, Instacart and Square. A lot of funds co-invest with Rizvi Traverse, with names like Starbucks sharing a substantial percentage of its portfolio.
Rizvi Traverse has a team of 6 people, including 3 partners.
Key Metrics
Founded Year
2004
Location
West Palm Beach, United States
Portfolio Sectors
Portfolio Locations
Acquisition Deals
Rizvi Traverse's Portfolio
Rizvi Traverse has a portfolio of 25 companies. They have invested in a total of 25 companies. Their most recent investment was in SandboxAQ (Series A round) on Dec 18, 2024. Here are the most recent investments by Rizvi Traverse:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Dec 18, 2024 | Series A | 6535 | ||
Apr 29, 2024 | Post IPO | 5649 | ||
Oct 05, 2014 | Series E | 6752 | ||
Sep 26, 2014 | Series E | 5533 | - |
Rizvi Traverse has acquired 2 companies. Their most recent acquisition was of RealD on Nov 09, 2015. Here are the most recent acquisitions by Rizvi Traverse:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Nov 09, 2015 | Provider of 3D Movie projection technologies for commercial and consumer applications | $72M | 2003 | |
Jan 04, 2017 | Not for profit performance rights organization (PRO) in the United States | - | 1930 |
Here is the portfolio snapshot of Rizvi Traverse:
Investments by Year
The maximum number of investments were made in 2024
Portfolio by Location
Companies are primarily in United States and Germany
Portfolio by Sector
Companies are primarily in Media & Entertainment
Team profile of Rizvi Traverse
Rizvi Traverse has a team of 6 members including 3 Partners and 1 Principal located in United Kingdom and United States. Rizvi Traverse's team does not sit on the board of any company as of now.Here is a list of all team members in Rizvi Traverse:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | - | - | ||
Principal | - | - |
Co-investors of Rizvi Traverse
Over the past 22 years, 14 investors have co-invested in Rizvi Traverse's portfolio companies.
- Top Co-investors of Rizvi Traverse: 14 investors entered a company along with Rizvi Traverse. These include investors like Starbucks (1 company).
Rizvi Traverse News
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SandboxAQ Secures $95M Funding, Valuation Exceeds $5.6BQuantum Computing Report•Jul 12, 2025•SandboxAQ, Rizvi Traverse, Forge Global, AVA FAMILYOFFICE SAGL
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SandboxAQ Announces More Than $300 Million of Funding to Drive Next Era of AIintelligence360•Jan 10, 2025•SandboxAQ, Alger, T. Rowe Price, Mumtalakat and 7 others
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Alphabet-spinoff SandboxAQ raises more than $300M in new fundingSeeking Alpha•Dec 18, 2024•SandboxAQ, Alger, T. Rowe Price, Mumtalakat and 9 others
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Blaize secures 106 million USD financinginVISION News•May 13, 2024•Blaize, Franklin Templeton Investments, DENSO, Mercedes-Benz and 10 others
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Why did Singapore invest in payment app Square?Geektime•Oct 07, 2014•Square, GIC, Goldman Sachs, Rizvi Traverse
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Square raises USD 150 million Series E round at USD 6 billion valuationIamWire•Oct 06, 2014•Square, GIC, Goldman Sachs, Rizvi Traverse
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Exclusive: Flipboard raising another $50 million | FortuneFortune•Nov 26, 2013•Flipboard, Rizvi Traverse, Index Ventures, Insight Partners and 2 others
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Flipboard Raises $50M in Funding |FinSMEsFinSMEs•Sep 24, 2013•Flipboard, Insight Partners, Rizvi Traverse, Index Ventures and 2 others