About ACOF
ACOF is a venture capital firm founded in 2020. It is primarily based out of San Francisco, United States. As of May 2026, ACOF is an active investor, having invested in 100 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of Dreambase Overall, ACOF portfolio has seen 16 unicorns and 6 acquisitions including key companies like Mercury, Speak and Apollo. A lot of funds co-invest with ACOF, with names like Prime Movers Lab sharing a substantial percentage of its portfolio. ACOF has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Series B
Portfolio Unicorns
Deals in last 12 months
ACOF's List of Top Investments
ACOF has a portfolio of 100 companies, including 16 unicorns. Their most notable investments include Mercury and Speak.Their portfolio spans across United States, Canada, United Kingdom and 5 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 27 other sectors, across stages such as Series A, Series B stages. Here is the list of top investments by ACOF:1. Mercury
Provider of a comprehensive online platform offering a range of financial services. The company provides integrated banking services for businesses, offering a platform to manage financial operations.
Key facts about Mercury
- Founded Year: 2017
- Location: San Francisco (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $546M
- Employee Count: 1,807 as on Sep 30, 2026
- Investors: Harmony Venture Partners, Sapphire Ventures and 81 Others
- Latest Funding Round: Series D, May 08, 2026, $*****
- Highlight: Editors' Pick
2. Speak
AI-powered language learning platform. Its platform helps users to practice conversational English with an AI bot. Its mobile app is available for iOS and Android devices.
Key facts about Speak
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $162M
- Employee Count: 315 as on Sep 30, 2026
- Investors: Flat Capital, Collab Fund and 25 Others
- Latest Funding Round: Series C, Nov 13, 2024, $*****
3. Apollo
Provider of AI-driven B2B sales intelligence and engagement platform. The company offers a comprehensive suite of tools including a vast verified contact database with millions of profiles, advanced filtering for precise lead targeting, and multi-channel outreach automation across email, phone, and social media channels. Its platform integrates seamlessly with popular CRM systems to streamline workflows, automate repetitive sales tasks such as sequencing and follow-ups, and provide analytics for performance optimization. AI capabilities personalize messaging and improve engagement rates while data enrichment ensures accuracy and relevance.
Key facts about Apollo
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $250M
- Employee Count: 928 as on Sep 30, 2026
- Investors: Nexus Venture Partners, NewView Capital and 25 Others
- Latest Funding Round: Series D, Aug 29, 2023, $*****
- Highlight: Editors' Pick
4. Khatabook
App-based bookkeeping management solutions for small businesses. It is a software-as-a-service accounting platform designed for micro, small and medium businesses to manage their financial transactions, accounts, and generate reports for better financial management. It allows users to manage transactions, purchases, payments, and more. It sends payment reminders, PDF reports, QR code payments, and more. It operates by providing tools for recording credits, managing finances, and facilitating transactions. It also allows users to add customers, send payment reminders, manage inventory, create invoices, and track GST and non-GST bills.
Key facts about Khatabook
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $187M
- Employee Count: 172 as on May 31, 2026
- Investors: LionRock Capital, Alpha Wave Global and 54 Others
- Latest Funding Round: Series C, Aug 24, 2021, $*****
- Highlight: Editors' Pick
5. Republic
Online alternative fundraising platform to invest in startups, real estate, crypto, and video games. It provides a platform where individuals receive equity in return for their investments. Its features include investment-related services in the private markets, which include a retail investment platform, a blockchain advisory service, a private capital division, and more. It also provides fundraising tools, SEC filing, designs campaign pages, marketing, and more. For investors, it offers portfolio management tools to review financials, and valuation, and read reviews from other investors. It is available on the iOS platform.
Key facts about Republic
- Founded Year: 2009
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $216M
- Employee Count: 659 as on Sep 30, 2026
- Investors: State Street, Draper Esprit and 194 Others
- Latest Funding Round: Conventional Debt, Nov 28, 2025, $*****
- Highlight: Editors' Pick
ACOF's Year-on-Year Investment Trends
ACOF has invested in 100 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. As of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Dreambase.ACOF's Investments by Stage
ACOF has made 3 investments in Series A stage with an average round size of $41.2M and 1 investment in Series B stage with an average round size of $45M.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Series B | 1 |
Note: We have considered here, only first round of investments
ACOF's Investments by Sector
ACOF has a diverse portfolio, with companies operating in the Enterprise Applications, Aerospace, Maritime and Defense Tech, Blockchain - Industry Applications, Blockchain Technology and FinTech. Notably, it has invested in 88 Tech companies, 78 Enterprise (B2B) companies, 65 Software companies and at least 38 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Blockchain - Industry Applications | 1 |
Blockchain Technology | 1 |
FinTech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
ACOF's Investments by Geography
ACOF has made most investments in United States (4).ACOF's recent investments
ACOF has made 1 investments in 2026 so far - Dreambase.Here are the most recent investments by ACOF:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 01, 2026 | United States | Series A | 5396 | [+5] | |
Apr 15, 2021 | United States | Series B | 5315 | ||
Mar 25, 2021 | United States | Series A | 9607 | [+3] | |
Mar 02, 2021 | United States | Series A | 3272 | [+16] |
Unicorns in ACOF's Portfolio
ACOF has 16 unicorns in its portfolio - TensorWave, Varda Space Industries, Higgsfield and others. The most recent unicorn in their portfolio is TensorWave. It became a unicorn in 2026.Here is a list of unicorns in ACOF's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Provider of cloud infrastructure utilizing graphics processing units for computing | 2023 | Las Vegas | Series B | aogyuzb | ||
65 | In-orbit material testing and manufacturing | 2020 | El Segundo | Series D | {nddrpj | ||
67 | AI-powered video creation and editing platform | 2023 | San Francisco | Series B | ibevfqv | ||
67 | Defense company applying modern hardware development and manufacturing processes to national security challenges | 2022 | El Segundo | Series C | dgie{eg | ||
79 | AI-powered language learning platform | 2016 | San Francisco | Series C | ixfdbol |
Acquired companies in ACOF's Portfolio
6 companies from ACOF's portfolio have been acquired. The most recent acquisition was Orb in Jun 2026 by Adyen for $*****.Here are ACOF's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 11, 2026 | - | - | 1637 | |
Dec 24, 2025 | - | - | 4439 | |
Sep 04, 2024 | - | - | 9826 | |
Jan 03, 2024 | - | - | 4762 | |
Oct 03, 2022 | - | - | 2766 |
Team profile of ACOF
ACOF has a team of 3 members including 3 Partners located in United States. ACOF's team does not sit on the board of any company as of now.Here is a list of all team members in ACOF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Austin | - | ||
Partner | - | - | - |
Co-investors of ACOF
Over the past 5 years, 64 investors have co-invested in ACOF's portfolio companies. This includes funds and angels.
- Invested before ACOF: 8VC, RRE Ventures and 28 others have invested in rounds before ACOF. There is 1 company where 8VC has invested before ACOF and 1 company where RRE Ventures has invested before ACOF.
- Top Co-investors of ACOF: 19 investors entered a company along with ACOF. These include investors like Prime Movers Lab (1 company).
- Invested after ACOF: A total of 15 investors have invested in ACOF's portfolio after their investments. Top Investors include Climate Capital (1 company), Neom (1 company) and Darsanacapitalpartners (1 company).
Recent News related to ACOF
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Cloudgeni Raises €858K to Expand AI Platform for Cloud InfrastructureStartup Rise EU•May 30, 2026•Cloudgeni, Nordic Capital, ACOF, Antler and 2 others
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Dreambase Secures $3.7 Million in Funding Led by FelicisThe SaaS News•May 01, 2026•Active Capital, Felicis Ventures, Dreambase, Darkmode Ventures and 5 others
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