About Alloy Ventures
Alloy Ventures is a venture capital firm founded in 1996. It is primarily based out of Palo Alto, United States. As of Jun 2018, Alloy Ventures has invested in 95 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Life Sciences to Enterprise Applications and High Tech. Most recently it participated in the $***** Series E round of Agari Overall, Alloy Ventures portfolio has seen 8 IPOs and 60 acquisitions including key companies like Mavenir, Xactly and Nuance. A lot of funds co-invest with Alloy Ventures, with names like Kleiner Perkins sharing a substantial percentage of its portfolio. Alloy Ventures has team of 8 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 6 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Alloy Ventures' List of Top Investments
Alloy Ventures has a portfolio of 95 companies. Their most notable investments are in KFx Medical and Apptera.Their portfolio spans across United States, Canada, Bonaire and 3 more locations. They have invested in Life Sciences, Enterprise Applications, High Tech and 18 other sectors, across stages such as Series B, Series A and 6 more. Here is the list of top investments by Alloy Ventures:
1. Mavenir
Provider of a multi-access edge networking computing platform. It offers network management or orchestration solutions that enable mobile service providers to deliver internet protocol IP-based voice, video, rich communications, and messaging services to their subscribers globally. It also provides a network slicing selection across applications, and core, which enables enhanced mobile communications. It also delivers voice services over LTE technology and wireless networks.
Key facts about Mavenir
- Founded Year: 2005
- Location: Richardson (United States)
- Annual Revenue: $130M as on Dec 31, 2014
- Stage: Acquired
- Total Funding till date: $105M
- Employee Count: 363 as on Sep 30, 2019
- Investors: Cross Creek, August Capital and 11 Others
- Latest Funding Round: Post IPO, May 30, 2024, $*****
- Highlight: Acquired
2. Xactly
Platform offering sales performance management software for enterprises. The company SPM Suite of products enables sales and finance executives to design, implement, manage, audit, and optimize sales compensation management programs. Its solutions automate the process of aggregating data from disparate systems into a secure, hosted repository, and enable companies to leverage this business data.
Key facts about Xactly
- Founded Year: 2005
- Location: San Jose (United States)
- Annual Revenue: $95.5M as on Jan 31, 2017
- Stage: Acquired
- Total Funding till date: $78.5M
- Employee Count: 291 as on Oct 31, 2024
- Investors: Harmony Partners, Glynn Capital and 16 Others
- Latest Funding Round: Series D, Dec 31, 2012, $*****
- Highlight: Acquired
3. Nuance
Conversational AI solutions for enterprises. It provides digital, voice, and messaging solutions that helps to optimize the customer experiences. Features include IVR, analytics, contact center solutions, and more. It caters its solution to industries such as healthcare, telecommunications, automotive, financial services, and retail.
Key facts about Nuance
- Founded Year: 1992
- Location: London (United Kingdom)
- Annual Revenue: $1.36B as on Sep 30, 2021
- Stage: Acquired
- Total Funding till date: $15.6M
- Employee Count: 4,077 as on Dec 31, 2022
- Investors: F-Prime Capital, Goldman Sachs and 19 Others
- Latest Funding Round: Post IPO, May 28, 2021, $*****
- Highlight: Acquired
4. AnaptysBio
Developer of immunology therapeutics for cancer and inflammatory diseases. The company is developing immune cell modulators, including two checkpoint agonists for autoimmune and inflammatory disease, rosnilimab, its PD-1 agonist, for the treatment of moderate-to-severe rheumatoid arthritis, and ANB032, its BTLA agonist, for the treatment of moderate-to-severe atopic dermatitis.
Key facts about AnaptysBio
- Founded Year: 2005
- Location: San Diego (United States)
- Annual Revenue: $91.3M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $85.7M
- Employee Count: 109 as on Jul 01, 2024
- Investors: BVF Partners, Frazier Life Sciences and 11 Others
- Latest Funding Round: Series D, Jul 15, 2015, $*****
- Highlight: Public
5. PacBio
Developer of instrument systems and software for real-time sequencing of single molecules. It develops a single-molecule real-time sequencing platform that utilizes the two proprietary technologies. It also develops sequencing and other analytical software that assists with the refining of sequence processing and reports.
Key facts about PacBio
- Founded Year: 2004
- Location: Menlo Park (United States)
- Annual Revenue: $154M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $410M
- Employee Count: 739 as on Jul 01, 2024
- Investors: T. Rowe Price, AllianceBernstein and 24 Others
- Latest Funding Round: Post IPO, Feb 10, 2021, $*****
- Highlight: Public
Alloy Ventures' Investments by Stage
Alloy Ventures has made 27 investments in Series B stage with an average round size of $17.7M, 16 investments in Series A stage with an average round size of $11M and 9 investments in Series C stage with an average round size of $19.7M.Stage of entry | No. of Investments |
|---|---|
Series B | 27 |
Series A | 16 |
Series C | 9 |
Series D | 7 |
Seed | 4 |
Others | 3 |
Note: We have considered here, only first round of investments
Alloy Ventures' Investments by Sector
Alloy Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, Enterprise Infrastructure, High Tech and Semiconductors. Notably, it has invested in 71 Tech companies, 67 Enterprise (B2B) companies, 45 Software companies and at least 20 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 25 |
Life Sciences | 23 |
Enterprise Infrastructure | 11 |
High Tech | 10 |
Semiconductors | 7 |
Others | 42 |
Note: We have considered here, only first round of investments
Alloy Ventures' Investments by Geography
Alloy Ventures has made most investments in United States (64), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 64 |
Canada | 2 |
Note: We have considered here, only first round of investments
Alloy Ventures' recent investments
Alloy Ventures has not made any investment in 2026 so far.Here are the most recent investments by Alloy Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 21, 2018 | United States | Series E | 6827 | [+5] | |
Mar 29, 2018 | United States | Series B | 3593 | [+4] | |
Jan 02, 2018 | United States | Series C | 5354 | - | |
Oct 03, 2016 | United States | Series D | 7289 | [+4] | |
Nov 08, 2014 | United States | Series C | 2437 | [+2] |
IPOs and Publicly Listed companies in Alloy Ventures' Portfolio
8 of Alloy Ventures' portfolio companies have become public. Restoration Robotics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2017 at marketcap of $200M and AnaptysBio got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $75M.Here are Alloy Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 12, 2017 | Aug 13, 2007 | Series B | 4825 | |
Jan 17, 2017 | Nov 08, 2007 | Series B | 3620 | |
Jan 31, 2013 | Jun 24, 2004 | Seed | 3877 | |
Feb 10, 2011 | Jan 10, 2007 | Series B | 5571 | |
Oct 27, 2010 | Jan 15, 2007 | Series D | 2741 |
Acquired companies in Alloy Ventures' Portfolio
60 companies from Alloy Ventures' portfolio have been acquired. The most recent acquisition were Nuance in Jan 2025 by HCL Technologies.Here are Alloy Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 14, 2025 | - | - | 8834 | |
Nov 04, 2022 | 2004 | Series A | 3443 | |
Jul 28, 2021 | Feb 14, 2007 | Series B | 8456 | |
May 13, 2021 | Nov 02, 2011 | Series A | 7357 | |
Feb 02, 2021 | May 24, 2011 | Series B | 4371 |
Team profile of Alloy Ventures
Alloy Ventures has a team of 8 members including 6 Partners and 1 Venture Partner located in United States. Alloy Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Alloy Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Palo Alto | - | ||
Partner | San Francisco | - | ||
Partner | Palo Alto | - | ||
Partner | Menlo Park | - | - | |
Partner | - | - | - | |
Partner | Pittsburgh | - | - | |
Venture Partner | San Francisco | - | - |
Co-investors of Alloy Ventures
Over the past 27 years, 324 investors have co-invested in Alloy Ventures's portfolio companies. This includes funds and angels.
- Invested before Alloy Ventures: Delphi Ventures, USVP and 51 others have invested in rounds before Alloy Ventures. There are 2 companies where Delphi Ventures has invested before Alloy Ventures and 2 companies where USVP has invested before Alloy Ventures.
- Top Co-investors of Alloy Ventures: 128 investors entered a company along with Alloy Ventures. These include investors like Kleiner Perkins (4 companies).
- Invested after Alloy Ventures: A total of 143 investors have invested in Alloy Ventures's portfolio after their investments. Top Investors include Intel Capital (3 companies), Oxford Finance (3 companies) and DAG Ventures (2 companies).
Recent News related to Alloy Ventures
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