About August Capital
August Capital is a venture capital firm founded in 1995. It is primarily based out of San Francisco, United States. As of Feb 2026, August Capital has invested in 175 companies. 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 Consumer and Retail. Most recently it participated in the $***** Series C round of UpGuard Overall, August Capital portfolio has seen 6 unicorns, 10 IPOs and 95 acquisitions including key companies like Zulily, Turo and Bill. A lot of funds co-invest with August Capital, with names like Kleiner Perkins sharing a substantial percentage of its portfolio. August Capital has team of 6 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 6 more
Portfolio Soonicorns
August Capital's List of Top Investments
August Capital has a portfolio of 175 companies, including 6 unicorns. Their most notable investments are in Rocket Lawyer and Fastly.Their portfolio spans across United States, Canada, India and 4 more locations. They have invested in Enterprise Applications, Consumer, Retail and 28 other sectors, across stages such as Series A, Series B and 6 more. Here is the list of top investments by August Capital:1. Zulily
Online shopping platform using flash sales. The product catalog includes clothes, shoes, toys, gifts, home improvement items, etc. The company offers time-limited daily deals on most of its products. Its app is available for iOS and Android platforms.
Key facts about Zulily
- Founded Year: 2009
- Location: Seattle (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $135M
- Employee Count: 1,068 as on May 31, 2026
- Investors: August Capital, Meritech and 5 Others
- Latest Funding Round: Series D, Nov 15, 2012, $*****
- Highlight: Acquired
2. Turo
App-based P2P car rental platform. Their platform connects vehicle owners who are willing to rent their cars with other users. Users can host or rent their vehicle on the platform and users in need of vehicles can search and book the vehicles of their preferences. It offers features like insured rides, contactless-delivery options, and more. Their mobile app is available for Android and iOS devices.
Key facts about Turo
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $523M
- Employee Count: 1,729 as on Mar 31, 2026
- Investors: August Capital, Cross Creek and 54 Others
- Latest Funding Round: Series F, Apr 03, 2022, $*****
- Highlight: Editors' Pick
3. Bill
Provider of accounts payable, accounts receivable, and spend management solutions. The platform offers accounts payable and receivable automation, spend and expense management, and cash flow forecasting. It provides features such as bill creation, approvals, payments, invoicing, and procurement. The platform also offers integrations with accounting software and mobile applications.
Key facts about Bill
- Founded Year: 2006
- Location: San Jose (United States)
- Annual Revenue: $1B+ as on Jun 30, 2025
- Stage: Public
- Total Funding till date: $326M
- Employee Count: 3,407 as on May 31, 2026
- Investors: HTIF, August Capital and 28 Others
- Latest Funding Round: Post IPO, Nov 30, 2020, $*****
- Highlight: Public
4. Mavenir
Developer of cloud native software for mobile network operator infrastructure. Software products include core network components, messaging platforms, radio access network technology, and security suites. These tools facilitate network automation, data analytics, and edge computing capabilities. The technology supports voice, data, and messaging services across wireless networks. Additional offerings include digital enablement platforms for business support systems and tools for managing private network connectivity.
Key facts about Mavenir
- Founded Year: 2005
- Location: Richardson (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2014
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $105M
- Employee Count: 5,457 as on Apr 30, 2026
- Investors: August Capital, Cross Creek and 12 Others
- Latest Funding Round: Post IPO, May 30, 2024, $*****
- Highlight: Acquired
5. Gitlab
Provider of a platform for software development, security, and delivery. The platform facilitates planning, source code management, and continuous integration and delivery. It offers application security testing, software supply chain security, and software compliance features. The platform supports various industries, including financial services, public sector, and telecommunications.
Key facts about Gitlab
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $435M
- Employee Count: 3,473 as on May 31, 2026
- Investors: TCV, August Capital and 50 Others
- Latest Funding Round: Post IPO, Sep 16, 2022, $*****
- Highlight: Public
August Capital's Year-on-Year Investment Trends
August Capital has invested in 175 companies over the last 29 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Dock Health and most recent follow-on round was in UpGuard.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 0 | 1 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 2 | 3 |
2022 | 2 | 1 | 3 |
2021 | 1 | 6 | 7 |
2020 | 1 | 2 | 3 |
2019 | 4 | 7 | 11 |
2018 | 10 | 5 | 15 |
2017 | 7 | 5 | 12 |
August Capital's Investments by Stage
August Capital has made 52 investments in Series A stage with an average round size of $7.97M, 30 investments in Series B stage with an average round size of $19.7M and 19 investments in Series C stage with an average round size of $33.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 52 |
Series B | 30 |
Series C | 19 |
Seed | 14 |
Series D | 8 |
Others | 6 |
Note: We have considered here, only first round of investments
August Capital's Investments by Sector
August Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, Retail and FinTech. Notably, it has invested in 146 Tech companies, 107 Enterprise (B2B) companies, 91 Software companies and at least 64 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 59 |
Consumer | 32 |
Enterprise Infrastructure | 26 |
Retail | 20 |
FinTech | 15 |
Others | 119 |
Note: We have considered here, only first round of investments
August Capital's Investments by Geography
August Capital has made most investments in United States (124), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 124 |
Canada | 2 |
India | 1 |
Israel | 1 |
Japan | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
August Capital's recent investments
August Capital has made 1 investments in 2026 so far - UpGuard.Here are the most recent investments by August Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 26, 2026 | United States | Series C | 7311 | ||
Mar 20, 2025 | United States | Series D | 4108 | ||
Dec 06, 2023 | United States | Series C | 5286 | ||
May 26, 2023 | United States | Series D | 6211 | [+5] | |
May 12, 2023 | United States | Series A | 4745 | [+1] |
Unicorns in August Capital's Portfolio
August Capital has 6 unicorns in its portfolio - Kin, FourKites, Rocket Lawyer and others. The most recent unicorn in their portfolio is Kin. It became a unicorn in 2023, 5 years after August Capital first invested in it.Here is a list of unicorns in August Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Online platform for homeowner insurances for individuals | 2016 | Chicago | Series E | hmuisgm | ||
77 | Developer of AI and web-based visibility solutions for the supply chain | 2014 | Chicago | Series D | tsumiab | ||
62 | Online legal services | 2008 | San Francisco | Series F | yxhkajv | ||
63 | Developer of communication infrastructure and artificial intelligence customer service agents | 2013 | San Mateo | Series C | iccvrct | ||
82 | App-based P2P car rental platform | 2010 | San Francisco | Series F | mwk{{cx |
IPOs and Publicly Listed companies in August Capital's Portfolio
10 of August Capital's portfolio companies have become public. Gitlab got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2021 at marketcap of $11B and Bark & Co got listed on the New York Stock Exchange (NYSE).Here are August Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 14, 2021 | Aug 18, 2016 | Series B | 4584 | |
Dec 18, 2020 | May 17, 2016 | Series C | 5842 | |
Dec 09, 2020 | Jun 01, 2012 | Conventional Debt | 4077 | |
Dec 12, 2019 | Jul 24, 2009 | Series C | 8766 | |
May 17, 2019 | Feb 26, 2013 | Series B | 2698 |
Acquired companies in August Capital's Portfolio
95 companies from August Capital's portfolio have been acquired. The most recent acquisition was MaintainX in May 2026 by Autodesk for $*****.Here are August Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 28, 2026 | Mar 26, 2019 | Seed | 4833 | |
May 05, 2026 | Oct 07, 2014 | Series B | 4920 | |
Nov 19, 2025 | Mar 20, 2015 | Series C | 3469 | |
Sep 24, 2025 | Dec 02, 2020 | Series C | 6314 | |
Sep 24, 2025 | Jan 02, 2014 | Series D | 9544 |
Team profile of August Capital
August Capital has a team of 6 members including 5 Partners located in United States. August Capital's team sits on the board of 6 companies.Here is a list of all team members in August Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | |||
Partner | - | FourKites, Housecall Pro and 2 more | ||
Partner | United States | |||
Partner | San Francisco | - | - | |
Partner | San Francisco | - |
Co-investors of August Capital
Over the past 29 years, 747 investors have co-invested in August Capital's portfolio companies. This includes funds and angels.
- Invested before August Capital: Lerer Hippeau, 500 Global and 209 others have invested in rounds before August Capital. There are 6 companies where Lerer Hippeau has invested before August Capital and 4 companies where 500 Global has invested before August Capital.
- Top Co-investors of August Capital: 185 investors entered a company along with August Capital. These include investors like Kleiner Perkins (6 companies).
- Invested after August Capital: A total of 351 investors have invested in August Capital's portfolio after their investments. Top Investors include NGP Capital (7 companies), SVB (4 companies) and Goldman Sachs (4 companies).
Recent News related to August Capital
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MaintainX Secures $150 Million in Series D Funding Roundsvdaily.com•Jul 12, 2025•MaintainX, Bessemer Venture Partners, The D. E. Shaw Group, August Capital
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MaintainX Raises $150M to Transform Asset Management with AIBusiness Wire•Jul 09, 2025•MaintainX, Bessemer Venture Partners, Bain Capital Ventures, The D. E. Shaw Group and 5 others
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‘Trophy’ Office Building in Central Cardiff Acquired in Multi-Million-Pound DealBusiness News Wales•Mar 19, 2025•Knight Frank, August Capital
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MaintainX Secures $50 Million in Series C Funding, Advancing AI-Driven Industrial MaintenanceMaginative•Dec 08, 2023•MaintainX, Bain Capital Ventures, Bessemer Venture Partners, Amity Ventures and 2 others
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Turo, a Car-sharing Service, Resumes IPO Plans for FallGlobal Village Space•Sep 09, 2023•Turo, IAC, August Capital, Canaan and 3 others
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Fintech company PayNearMe picks up $45m Series DVCJ•Jun 01, 2023•True Ventures, Costanoa, August Capital, DNS Capital and 6 others
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Quadrata secures $7.5m in seed round led by Dragonfly CapitalPrivate Equity Wire•Jul 13, 2022•Quadrata, Dragonfly Capital, Franklin Templeton Investments, GSR Ventures and 9 others
