About Activate Venture Partners
Activate Venture Partners is a venture capital firm founded in 1999. It is primarily based out of New York City, United States. As of May 2026, Activate Venture Partners is an active investor, having invested in 89 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 HealthTech and High Tech. Most recently it participated in the $***** Seed round of Thrive Therapies Group Overall, Activate Venture Partners portfolio has seen 7 IPOs and 45 acquisitions including key companies like Medidata, Descartes and ShopKirana. A lot of funds co-invest with Activate Venture Partners, with names like Osage Venture Partners sharing a substantial percentage of its portfolio. Activate Venture Partners has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Activate Venture Partners' List of Top Investments
Activate Venture Partners has a portfolio of 89 companies. Their most notable investments are in NovaData Solutions and Kindling.Their portfolio spans across United States, Germany, Canada and 3 more locations. They have invested in Enterprise Applications, HealthTech, High Tech and 23 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Activate Venture Partners:
1. Medidata
AI-based clinical trial management software for researchers. It offers a platform for data analysis, research experiment protocol designing, trail planning, supply, clinical management, and data management among others. The company has developed products such as CATIA R2021x, 3DEXPERIENCE, ENOVIA, BIOVIA, and more which assist with the drug discovery process.
Key facts about Medidata
- Founded Year: 1999
- Location: New York City (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2018
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $41.5M
- Employee Count: 2,741 as on Sep 30, 2026
- Investors: TDM Growth Partners, State Street and 11 Others
- Latest Funding Round: Unattributed, Nov 06, 2023, $*****
- Highlight: Acquired
2. Descartes
Provider of cloud-based solutions for logistics and supply chain management. The company offers tools for electronic data interchange, transportation, routing, and mobile and telematics. It also provides solutions for global trade intelligence, regulatory compliance, and ecommerce shipping and fulfillment. The company’s platform combines a logistics network with logistics management applications.
Key facts about Descartes
- Founded Year: 1981
- Location: Waterloo (Canada)
- Annual Revenue: $500M - $1B as on Jan 31, 2024
- Stage: Public
- Employee Count: 1,772 as on Sep 30, 2026
- Investors: Herald Investment Management, Activate Venture Partners and 3 Others
- Latest Funding Round: Grant (prize money), Apr 01, 2016, $*****
- Highlight: Public
3. ShopKirana
Provider of B2B procurement platform for grocery retailers. The company provides a mobile application to manage orders, payment, delivery, and supply chain across the retail networks. It also offers products like home care, cosmetics, footwear, groceries, apparel, fashion accessories, and more.
Key facts about ShopKirana
- Founded Year: 2015
- Location: Indore (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $59.2M
- Employee Count: 379 as on Aug 31, 2025
- Investors: Oman India Joint Investment Fund, Sixth Sense Ventures and 69 Others
- Latest Funding Round: Series C, Mar 27, 2025, $*****
- Highlight: Acquired
4. IntegriChain
Pharma commercialization solutions: data, consulting, and technology for market access. The company offers a comprehensive suite of services and a platform designed to address the complexities of drug commercialization. It provides strategy, data, applications, and infrastructure for therapy commercialization, focusing on optimizing price and demand through integrated commercial and net revenue analytics. The company delivers solutions for net revenue management, commercial data, and insights, helping pharmaceutical manufacturers bring their science to market. Its offerings include consulting and advisory services, regulatory compliance, market access strategy, and data and technology solutions. The company empowers pharma companies to build efficient access, affordability, and distribution strategies, maximizing net revenue. It unifies critical business functions like contracts & pricing, gross-to-net, channel, and patient services to unlock strategic insights. The platform supports data visualization, AI enablement, and data management services. It is a B2B company offering SaaS and software solutions.
Key facts about IntegriChain
- Founded Year: 2005
- Location: Philadelphia (United States)
- Stage: Acquired
- Total Funding till date: $2M
- Employee Count: 723 as on Sep 30, 2026
- Investors: SaaS Capital, Activate Venture Partners and 4 Others
- Latest Funding Round: PE, Mar 01, 2016, $*****
- Highlight: Acquired
5. Turtle Beach
Key facts about Turtle Beach
- Founded Year: 1975
- Location: Valhalla (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Employee Count: 366 as on Oct 31, 2026
- Investors: CC Capital, Activate Venture Partners and 2 Others
- Latest Funding Round: Post IPO, May 03, 2022, $*****
- Highlight: Public
Activate Venture Partners' Year-on-Year Investment Trends
Activate Venture Partners has invested in 89 companies over the last 26 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Thrive Therapies Group and most recent follow-on round was in KAID.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 0 | 1 | 1 |
2022 | 2 | 1 | 3 |
2021 | 1 | 2 | 3 |
2020 | 2 | 1 | 3 |
2019 | 0 | 1 | 1 |
2018 | 1 | 0 | 1 |
2017 | 2 | 1 | 3 |
Activate Venture Partners' Investments by Stage
Activate Venture Partners has made 21 investments in Series A stage with an average round size of $4.44M, 10 investments in Series B stage with an average round size of $7.95M and 9 investments in Seed stage with an average round size of $3.62M.Stage of entry | No. of Investments |
|---|---|
Series A | 21 |
Series B | 10 |
Seed | 9 |
Series C | 3 |
Unattributed | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
Activate Venture Partners' Investments by Sector
Activate Venture Partners has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Vertical SaaS, Enterprise Infrastructure and Business Services. Notably, it has invested in 66 Tech companies, 58 Enterprise (B2B) companies, 44 Software companies and at least 27 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
HealthTech | 17 |
Vertical SaaS | 9 |
Enterprise Infrastructure | 5 |
Business Services | 4 |
Others | 40 |
Note: We have considered here, only first round of investments
Activate Venture Partners' Investments by Geography
Activate Venture Partners has made most investments in United States (40), followed by Germany where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 40 |
Germany | 2 |
Australia | 1 |
India | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
Activate Venture Partners' recent investments
Activate Venture Partners has made 1 investments in 2026 so far - Thrive Therapies Group.Here are the most recent investments by Activate Venture Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 08, 2026 | United States | Seed | 4505 | [+1] | |
Oct 16, 2025 | United States | Seed | 1891 | ||
Jul 23, 2024 | United States | Series A | 8996 | [+2] | |
Feb 01, 2024 | United States | Series A | 4709 | ||
Nov 06, 2023 | United States | Series A | 5538 | [+2] |
IPOs and Publicly Listed companies in Activate Venture Partners' Portfolio
7 of Activate Venture Partners' portfolio companies have become public. NFON got listed on the Frankfurt Stock Exchange (FRA), in May 2018 at marketcap of $197M and Tabula Rasa Healthcare got listed on the Nordic and Baltic regions (NASDAQ OMX) at marketcap of $283M.Here are Activate Venture Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 31, 2018 | Apr 08, 2013 | Series B | 8051 | |
Sep 29, 2016 | - | - | 7547 | |
Mar 05, 2012 | - | - | 8935 | |
Sep 30, 2003 | - | - | 4537 | |
Aug 04, 2000 | - | - | 4297 |
Acquired companies in Activate Venture Partners' Portfolio
45 companies from Activate Venture Partners' portfolio have been acquired. The most recent acquisition was KAID in Sep 2025 by PurpleLab for $*****.Here are Activate Venture Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 04, 2025 | May 24, 2022 | Series A | 9782 | |
Jul 18, 2025 | Feb 08, 2016 | Seed | 1108 | |
Aug 30, 2024 | Jun 05, 2012 | Series B | 5917 | |
Jun 24, 2024 | Oct 24, 2013 | Series A | 3913 | |
Nov 08, 2023 | Jul 15, 2009 | Series B | 1466 |
Team profile of Activate Venture Partners
Activate Venture Partners has a team of 7 members including 4 Partners and 2 Principals located in United States. Activate Venture Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Activate Venture Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | - | |
Partner | Bethlehem | - | ||
Partner | Bethlehem | - | ||
Partner | Boston | - | - | |
Principal | United States | - | ||
Principal | - | - |
Co-investors of Activate Venture Partners
Over the past 26 years, 207 investors have co-invested in Activate Venture Partners's portfolio companies. This includes funds and angels.
- Invested before Activate Venture Partners: HTGF, Prajaya Desai and 28 others have invested in rounds before Activate Venture Partners. There are 2 companies where HTGF has invested before Activate Venture Partners and 1 company where Prajaya Desai has invested before Activate Venture Partners.
- Top Co-investors of Activate Venture Partners: 104 investors entered a company along with Activate Venture Partners. These include investors like Osage Venture Partners (3 companies).
- Invested after Activate Venture Partners: A total of 73 investors have invested in Activate Venture Partners's portfolio after their investments. Top Investors include Lighter Capital (2 companies), Optum Ventures (2 companies) and TFS (1 company).
Recent News related to Activate Venture Partners
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Mandrake Bio Secures Rs 16 Crore Pre-Seed Funding Led by Activate and AntlerEntrackr•Jul 16, 2026•Antler, DeVC, Spectrum Impact, Activate and 1 other
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Haptik co-founder and former Together Fund executive launch AI-focused VC fundVCCircle•Dec 05, 2025•Activate Venture Partners
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Cypris Raises $5.3M to Truncate Research Time for R&D Teams from Weeks to Minutes with AIAlleyWatch•Jul 23, 2024•Cypris, BlueTreeVC, Activate Venture Partners, Vocap and 2 others
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NovaData Solutions Secures New Investment Led by Activate Venture PartnersPR Newswire•Mar 21, 2024•NovaData Solutions, Activate Venture Partners, Ben Franklin Technology Partners
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KAID Health Announces New Financing to Fuel Market Expansion of its Whole Chart Analysis™ PlatformBusiness Wire•Dec 18, 2023•KAID, Activate Venture Partners, Martinson Ventures, Boston Millennia Partners
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Quest Ventures-backed ApartX raises $250,000 in oversubscribed series seed roundTechNode•Jun 14, 2023•Activate Venture Partners, Big Sky Capital, ApartX
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Cypris Raises $4M in Series A FundingFinSMEs•Jan 20, 2023•Cypris, York IE, Activate Venture Partners, K20 Fund and 1 other
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CrowdHealth Secures $6M for Community-Powered Alternative to Health InsuranceHIT Consultant•Dec 08, 2022•CrowdHealth, Next Coast Ventures, Activate Venture Partners
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Connective Health Closes Seed Funding RoundFinSMEs•Oct 21, 2022•Connective Health, Activate Venture Partners, Diagram Ventures
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Continual Raises $14.5 Million in Series A FundingFinSMEs•Jun 08, 2022•Continual AI, Innovation Endeavors, Amplify Partners, Illuminate Ventures and 5 others
