About Assembly Ventures
Assembly Ventures is a venture capital firm founded in 2020. It is primarily based out of Detroit, United States. As of Apr 2026, Assembly Ventures is an active investor, having invested in 12 companies, with 3 new investments 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 High Tech to Consumer and Transportation and Logistics Tech. Most recently it participated in the $***** Series A round of Two Boxes Overall, Assembly Ventures portfolio has seen 1 unicorn, namely One. A lot of funds co-invest with Assembly Ventures, with names like Breakthrough Energy sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Assembly Ventures' List of Top Investments
Assembly Ventures has a portfolio of 12 companies, one of which is a Unicorn. Their most notable investments are in Digit and Secro.Their portfolio spans across United States, Canada, Germany and 2 more locations. They have invested in High Tech, Consumer, Transportation and Logistics Tech and 11 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Assembly Ventures:
1. One
Manufacturer of battery cells, modules, and energy storage systems. The company focuses on producing lithium iron phosphate battery technology for grid storage, rail, and defense applications. It offers cells engineered for demanding environments and fast charging capabilities. The company also provides battery management systems and pack solutions.
Key facts about One
2. Metropolis
AI-enabled platform offering comprehensive parking management solutions. It offers end-to-end parking management solutions from operations to analytics. It offers various solutions like operations management, payments solutions, marketing, customer-centric mobile applications, analytics, and more. It offers features like ease of integrations, optimizes operational management, and more.
Key facts about Metropolis
- Founded Year: 2017
- Location: Santa Monica (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $833M
- Employee Count: 1,692 as on Mar 31, 2026
- Investors: SLW, Dragoneer Investment Group and 26 Others
- Latest Funding Round: Series D, Nov 06, 2025, $*****
- Highlight: Editors' Pick
3. CesiumAstro
Developer of communication systems for space, air, and ground missions. The company provides full-stack, multi-mission hardware and software products. Offerings include integrated LEO satellites and active phased array payloads. Products support beam steering, dynamic frequencies, and on-orbit reconfigurability. The company’s systems facilitate inter-satellite links, mission-data downlink, and multi-beam connectivity.
Key facts about CesiumAstro
- Founded Year: 2017
- Location: Austin (United States)
- Stage: Series C
- Total Funding till date: $426M
- Employee Count: 399 as on Feb 28, 2026
- Investors: Honeywell, Quanta Computer and 21 Others
- Latest Funding Round: Series C, Feb 02, 2026, $*****
- Highlight: Editors' Pick
4. Secro
Key facts about Secro
- Founded Year: 2021
- Location: Wilmington (United States)
- Stage: Series A
- Total Funding till date: $18.2M
- Employee Count: 3 as on Dec 31, 2022
- Investors: Sway Ventures, Kluz Ventures and 10 Others
- Latest Funding Round: Series A, May 26, 2025, $*****
- Highlight: Editors' Pick
5. Monogoto
Monogoto provides a cloud-based platform to securely connect and manage devices. Provides cellular connectivity with a platform and app for IoT and mobile devices. The platform features include network management, mobile core and white-label iOS and Android applications. The platform uses programmable cellular RESTful APIs to scale with existing apps and services. Pricing is on a monthly basis depending on the data package opted for in GBs.
Key facts about Monogoto
- Founded Year: 2017
- Location: Tel Aviv (Israel)
- Stage: Series A
- Total Funding till date: $38M
- Employee Count: 29 as on Jul 01, 2024
- Investors: Planven Entrepreneur Ventures, Samsung NEXT and 13 Others
- Latest Funding Round: Series A, Oct 15, 2024, $*****
- Highlight: Editors' Pick
Assembly Ventures' Year-on-Year Investment Trends
Assembly Ventures has invested in 12 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Apr 2026, it has made 2 investments in this year. Its most recent first time investment was in ABZ Innovation and most recent follow-on round was in Two Boxes.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 4 | 0 | 4 |
2024 | 3 | 0 | 3 |
2023 | 1 | 1 | 2 |
2022 | 1 | 1 | 2 |
2021 | 2 | 0 | 2 |
Assembly Ventures' Investments by Stage
Assembly Ventures has made 7 investments in Series A stage with an average round size of $14.4M, 3 investments in Seed stage with an average round size of $2.45M and 2 investments in Series B stage with an average round size of $116M.Stage of entry | No. of Investments |
|---|---|
Series A | 7 |
Seed | 3 |
Series B | 2 |
Note: We have considered here, only first round of investments
Assembly Ventures' Investments by Sector
Assembly Ventures has a diverse portfolio, with companies operating in the Consumer, Transportation and Logistics Tech, Enterprise Applications, High Tech and Business Services. Notably, it has invested in 10 Tech companies, 9 Enterprise (B2B) companies, 7 Software companies and at least 3 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Consumer | 5 |
Transportation and Logistics Tech | 5 |
Enterprise Applications | 4 |
High Tech | 4 |
Business Services | 3 |
Others | 14 |
Note: We have considered here, only first round of investments
Assembly Ventures' Investments by Geography
Assembly Ventures has made most investments in United States (8), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 8 |
Canada | 1 |
Germany | 1 |
Hungary | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
Assembly Ventures' recent investments
Assembly Ventures has made 2 investments in 2026 so far - Two Boxes and ABZ Innovation.Here are the most recent investments by Assembly Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 07, 2026 | United States | Series A | 4593 | [+1] | |
Jan 22, 2026 | Hungary | Series A | 5529 | [+1] | |
Aug 07, 2025 | United States | Series A | 2304 | [+3] | |
May 26, 2025 | United States | Series A | 7650 | [+5] | |
Mar 26, 2025 | United States | Series A | 4075 | [+6] |
Unicorns in Assembly Ventures' Portfolio
Assembly Ventures has 1 unicorn in its portfolio - One. The most recent unicorn in their portfolio is One which became a unicorn in 2023, 1 years after Assembly Ventures first invested in it.Here is a list of unicorns in Assembly Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
62 | Manufacturer of battery cells, modules, and energy storage systems | 2020 | Novi | Series B | tpewgqz |
Co-investors of Assembly Ventures
Over the past 5 years, 135 investors have co-invested in Assembly Ventures's portfolio companies. This includes funds and angels.
- Invested before Assembly Ventures: Zigg Capital, Slow Ventures and 55 others have invested in rounds before Assembly Ventures. There is 1 company where Zigg Capital has invested before Assembly Ventures and 1 company where Slow Ventures has invested before Assembly Ventures.
- Top Co-investors of Assembly Ventures: 51 investors entered a company along with Assembly Ventures. These include investors like Breakthrough Energy (1 company).
- Invested after Assembly Ventures: A total of 27 investors have invested in Assembly Ventures's portfolio after their investments. Top Investors include Oman Investment Authority (1 company), Temasek (1 company) and Coatue (1 company).
Recent News related to Assembly Ventures
•
Two Boxes Raises $3.2M in FundingFinSMEs•Apr 07, 2026•Assembly Ventures, Peterson Ventures, Two Boxes, Matchstick Ventures and 1 other
•
•
•
Secro Raises Oversubscribed Series A Funding for AI-Powered Trade Finance PlatformGlobal Fintech Series•May 26, 2025•Secro, Assembly Ventures, Sway Ventures, Signal Group and 3 others
•
Digit Closes $2.5 Million Seed Round to Revolutionize the Manufacturing ERP MarketSalesTech Star•Feb 18, 2025•Digit, Assembly Ventures, HPA, Grand Ventures and 1 other
•
Monogoto nets $27 million Series A to power global connectivity solutionsCTech•Oct 15, 2024•Monogoto, Toyota Ventures, Samsung NEXT, Assembly Ventures and 11 others
•
Monogoto Raises $27 Million in Series A Funding to Lead the Software-Defined Connectivity RevolutionBig News•Oct 15, 2024•Monogoto, Samsung NEXT, Assembly Ventures, Magenta Venture Partners and 7 others
•
Two Boxes Secures $5.3M in Oversubscribed Funding RoundSalesTech Star•Sep 16, 2024•Two Boxes, Peterson Ventures, Assembly Ventures, Range Ventures and 2 others
•
CesiumAstro Secures $65M in Oversubscribed Funding RoundBusiness Wire•Jun 18, 2024•L3Harris, Trousdale Ventures, CesiumAstro, Development Bank of Japan and 7 others
•
Phillip Sarofim’s Trousdale Ventures Leads CesiumAstro Series B+ Funding RoundBusiness Wire•Jun 18, 2024•Trousdale Ventures, CesiumAstro, Quanta Computer, Development Bank of Japan and 7 others
