About Acequia Capital
Acequia Capital is a venture capital firm founded in 2010. It is primarily based out of Seattle, United States. As of Jun 2026, Acequia Capital is an active investor, having invested in 181 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Devplan Overall, Acequia Capital portfolio has seen 7 unicorns, 6 IPOs and 27 acquisitions including key companies like Square, Pinterest and ClassPass. A lot of funds co-invest with Acequia Capital, with names like Charlie Songhurst sharing a substantial percentage of its portfolio. Acequia Capital has team of 11 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio IPOs
Acequia Capital's List of Top Investments
Acequia Capital has a portfolio of 181 companies, including 7 unicorns. Their most notable investments are in SFA Therapeutics and Getaround.Their portfolio spans across United States, United Kingdom, France and 20 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 30 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Acequia Capital:1. Square
Provider of integrated point of sale and business management solutions. The company delivers hardware and software for payments, retail, restaurants, and appointments. It offers tools for managing teams, payroll, marketing, customer relationships, and cash flow. The business provides solutions for various industries, including food and beverage, retail, beauty, and services.
Key facts about Square
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $520M
- Employee Count: 6,251 as on Jul 31, 2026
- Investors: TDM Growth Partners, Access Industries and 58 Others
- Latest Funding Round: Post IPO, Mar 03, 2020, $*****
- Highlight: Public
2. Pinterest
Visual discovery and planning website. It provides a platform for users to discover and save ideas, products, and services across various categories, including fashion, home decor, and lifestyle. The company offers a range of features and tools for both individual and business users, including advertising solutions, analytics, and content sharing capabilities.
Key facts about Pinterest
- Founded Year: 2010
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $1.47B
- Employee Count: 13,977 as on Jul 31, 2026
- Investors: TrueBridge, Section Partners and 88 Others
- Latest Funding Round: Post IPO, Mar 03, 2026, $*****
- Highlight: Public
3. ClassPass
ClassPass is a membership program for fitness classes across multiple gyms and studios. Members can access multiple varieties of classes and engagement in their fitness regime, all at a fixed price. Participating studios benefit by attracting new students and profitably filling excess capacity in classes. ClassPass has also started corporate membership programs.
Key facts about ClassPass
- Founded Year: 2013
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $550M
- Employee Count: 942 as on Jul 31, 2026
- Investors: eversourcecap.com, Spur Capital and 64 Others
- Latest Funding Round: Series E, Jan 08, 2020, $*****
- Highlight: Acquired
4. Getaround
App-based peer-to-peer carsharing platform. The platform enables car owners to rent their cars to a community of drivers using their smartphones. Drivers can find the car using an app and reserve it through the app for using the car. Their app is available for iOS and Android devices.
Key facts about Getaround
- Founded Year: 2011
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $736M
- Employee Count: 264 as on May 31, 2026
- Investors: Reinvent Capital, 137 Ventures and 72 Others
- Latest Funding Round: Conventional Debt, Jan 24, 2024, $*****
- Highlight: Acquired
5. Glean
Cloud-based platform for enterprise search. It provides software to conduct searches through enterprise apps and content. It also offers a purpose-based search for processes like hiring and assigning tasks. It has integrations with Figma, Slack, Box, Gitlab, Google, Asana etc.
Key facts about Glean
- Founded Year: 2019
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $765M
- Employee Count: 1,648 as on May 31, 2026
- Investors: Adams Street Partners, K2 Global and 52 Others
- Latest Funding Round: Series F, Jun 10, 2025, $*****
- Highlight: Editors' Pick
Acequia Capital's Year-on-Year Investment Trends
Acequia Capital has invested in 181 companies over the last 15 years, with an average of 10 new investments annually in the last 10 years. In 2025, it made 9 investments, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in Devplan and most recent follow-on round was in Rapidata.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 8 | 1 | 9 |
2024 | 2 | 2 | 4 |
2023 | 16 | 2 | 18 |
2022 | 29 | 3 | 32 |
2021 | 22 | 1 | 23 |
2020 | 4 | 2 | 6 |
2019 | 5 | 0 | 5 |
2018 | 2 | 2 | 4 |
2017 | 5 | 1 | 6 |
Acequia Capital's Investments by Stage
Acequia Capital has made 92 investments in Seed stage with an average round size of $4.1M, 17 investments in Series A stage with an average round size of $16.8M and 4 investments in Series B stage with an average round size of $19.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 92 |
Series A | 17 |
Series B | 4 |
Angel | 1 |
Grant (prize money) | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Acequia Capital's Investments by Sector
Acequia Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Enterprise Infrastructure and Life Sciences. Notably, it has invested in 165 Tech companies, 124 Enterprise (B2B) companies, 105 Software companies and at least 62 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 59 |
High Tech | 29 |
Consumer | 26 |
Enterprise Infrastructure | 19 |
Life Sciences | 11 |
Others | 134 |
Note: We have considered here, only first round of investments
Acequia Capital's Investments by Geography
Acequia Capital has made most investments in United States (49), followed by United Kingdom where it has made 21 investments.Country | No. of Investments |
|---|---|
United States | 49 |
United Kingdom | 21 |
France | 8 |
Germany | 7 |
Switzerland | 5 |
Others | 26 |
Note: We have considered here, only first round of investments
Acequia Capital's recent investments
Acequia Capital has made 3 investments in 2026 so far. Devplan and Radify are the latest among them.Here are the most recent investments by Acequia Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 18, 2026 | United States | Seed | 5295 | [+2] | |
Apr 09, 2026 | United States | Seed | 8974 | [+1] | |
Feb 19, 2026 | Switzerland | Seed | 9986 | [+2] | |
Sep 25, 2025 | Switzerland | Series A | 4879 | [+3] | |
Sep 01, 2025 | Germany | Seed | 1499 | [+6] |
Unicorns in Acequia Capital's Portfolio
Acequia Capital has 7 unicorns in its portfolio - Flexe, Glean, Algolia and others. The most recent unicorn in their portfolio is Flexe. It became a unicorn in 2022, 6 years after Acequia Capital first invested in it.Here is a list of unicorns in Acequia Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | E-commerce delivery management platform for businesses | 2013 | Seattle | Series D | qndjuhb | ||
77 | Cloud-based platform for enterprise search | 2019 | San Francisco | Series F | etwhhok | ||
72 | Developer of software for artificial intelligence search and retrieval systems | 2012 | San Francisco | Series D | nfsxjxu | ||
58 | Developer of artificial intelligence software for automated vehicle damage assessment | 2014 | London | Series E | fgqiniv | ||
72 | Developer of a social application featuring user-generated games and experiences | 2016 | Seattle | Series F | kwawwsl |
IPOs and Publicly Listed companies in Acequia Capital's Portfolio
6 of Acequia Capital's portfolio companies have become public. Rigetti Computing got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2022 and Quanergy Com got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Acequia Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 02, 2022 | - | - | 5652 | |
Apr 24, 2020 | - | - | 7665 | |
Apr 18, 2019 | - | - | 1245 | |
May 22, 2018 | - | - | 4914 | |
Nov 19, 2015 | - | - | 8466 |
Acquired companies in Acequia Capital's Portfolio
27 companies from Acequia Capital's portfolio have been acquired. The most recent acquisition was Griptape in Feb 2026 by Foundry for $*****.Here are Acequia Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2026 | Sep 19, 2023 | Series A | 9783 | |
Nov 17, 2025 | - | - | 3374 | |
Nov 12, 2025 | Mar 27, 2019 | Seed | 4756 | |
Sep 02, 2025 | Jun 29, 2020 | Seed | 2368 | |
Aug 19, 2025 | - | - | 6325 |
Team profile of Acequia Capital
Acequia Capital has a team of 11 members including 5 Partners, 5 Venture Partners and 1 Principal located in United States and Switzerland. Acequia Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Acequia Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Missoula | - | ||
Partner | Kirkland | - | - | |
Partner | Seattle | - | ||
Partner | - | - | ||
Partner | Seattle | - | - | |
Venture Partner | New York City | - | - | |
Venture Partner | Geneva | - | ||
Venture Partner | - | - | - | |
Venture Partner | - | - | - | |
Venture Partner | Seattle | - | ||
Principal | United States | - | - |
Co-investors of Acequia Capital
Over the past 15 years, 915 investors have co-invested in Acequia Capital's portfolio companies. This includes funds and angels.
- Invested before Acequia Capital: Y Combinator, Techstars and 147 others have invested in rounds before Acequia Capital. There are 12 companies where Y Combinator has invested before Acequia Capital and 4 companies where Techstars has invested before Acequia Capital.
- Top Co-investors of Acequia Capital: 489 investors entered a company along with Acequia Capital. These include investors like Charlie Songhurst (10 companies).
- Invested after Acequia Capital: A total of 277 investors have invested in Acequia Capital's portfolio after their investments. Top Investors include Tiger Global Management (3 companies), EIC Fund (3 companies) and General Catalyst (2 companies).
Recent News related to Acequia Capital
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Rapidata Raises $8.5M in Seed FundingFinSMEs•Feb 19, 2026•Rapidata, BlueYard, Acequia Capital, IA Ventures and 1 other
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German DeepTech startup Hyperdrives secures €3 million to turbocharge electric motorsEU-Startups•Sep 01, 2025•Hyperdrives, 2100 Ventures, Rethink Ventures, Prototype Capital and 3 others
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Tracelight secures €3M to develop AI engine for financial modellingEU-Startups•Aug 07, 2025•Chalfen Ventures, Inovo Venture Partners, Acequia Capital, Ef
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Compute Power: Arago Raises €24 Million to Rethink AI ComputingFrenchWeb•Jul 08, 2025•Earlybird, Protagonist Therapeutics, Visionaries Tomorrow, C4 Ventures and 2 others
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Loki Robotics Secures $1.6M in Pre-Seed FundingStartupticker•May 23, 2025•Loki Robotics, Byfounders, Unruly Capital, Acequia Capital and 3 others
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German Startup Sensmore Secures €6.5 Million in FundingEU-Startups•May 20, 2025•sensmore, Point Nine, Acequia Capital, Tiny and 2 others
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Uthana Raises $4.3m With Open Beta For Ai-powered Animation PlatformPocket Gamer•Mar 25, 2025•Uthana, Toyota Ventures, IA Ventures, Andreessen Horowitz and 5 others
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Uthana Raises $4.3M in FundingFinSMEs•Mar 10, 2025•Uthana, IA Ventures, Andreessen Horowitz, Acequia Capital and 3 others
