About Azimuth Ventures
Azimuth Ventures is a venture capital firm founded in 2014. It is primarily based out of New York City, United States. As of Aug 2015, Azimuth Ventures has invested in 6 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Life Sciences and Retail. Most recently it participated in the $***** Series A round of Owlet Overall, Azimuth Ventures portfolio has seen 1 unicorn, 1 IPO and 3 acquisitions including key companies like Owlet, Mambu and Wellframe. A lot of funds co-invest with Azimuth Ventures, with names like ff Venture Capital sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Azimuth Ventures' List of Top Investments
Azimuth Ventures has a portfolio of 6 companies, one of which is a Unicorn. Their most notable investmentis in OwletTheir portfolio spans across United States and Netherlands. They have invested in HealthTech, Life Sciences, Retail and 4 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Azimuth Ventures:1. Owlet
Provider of wearable socks for baby monitoring. The smart socks helps to monitor the babys heart rate, respiration and the user can check in on baby through a mobile device, cam-streams audio and video of the baby to the smartphone, and band. The band is a pregnancy tracker solution which helps to track the babys wellness.
Key facts about Owlet
- Founded Year: 2013
- Location: Lehi (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $55M
- Employee Count: 349 as on May 31, 2026
- Investors: Western Technology Investment, GR Capital and 32 Others
- Latest Funding Round: Post IPO, Feb 17, 2023, $*****
- Highlight: Public
2. Mambu
Provider of cloud banking platform delivering composable banking and financial experiences. The platform offers core banking functionality, including lending, deposits, and payments. It allows institutions to build and scale financial products. The platform provides tools for integration with other services. It supports the creation of customer-centric offerings.
Key facts about Mambu
- Founded Year: 2011
- Location: Amsterdam (Netherlands)
- Annual Revenue: €100M - €500M as on Oct 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $446M
- Employee Count: 782 as on May 31, 2026
- Investors: TCV, Tiger Global Management and 15 Others
- Latest Funding Round: Series E, Dec 09, 2021, $*****
- Highlight: Editors' Pick
3. Wellframe
Mobile and AI-based platform offering support to providers for better patient engagement. The Wellframe solution combines mobile devices and artificial intelligence with human care to provide patients with daily guidance and support while helping providers identify and patient needs and manage risk more dynamically across a population and over time. Additionally, care managers can use the information to provide more timely, up-to-date, and personalized feedback to their patients, in order to maximize patient adherence.
Key facts about Wellframe
- Founded Year: 2011
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $45.1M
- Employee Count: 38 as on May 31, 2026
- Investors: Draper, Threshold and 14 Others
- Latest Funding Round: Series C, Nov 19, 2019, $*****
- Highlight: Acquired
4. Lifecode
Actionable cancer information through genomic sequencing and clinical data interpretation. It improves patient lives by providing patient-specific molecular information. The company analyzes and interprets genomic and therapeutic data via next-generation sequencing. It translates complex information for patients, payers, and providers. The company has a team with expertise in data science, software engineering, computational biology, bioinformatics, machine learning, curation science, molecular biology, and pathology. It offers the Pan Cancer Somatic Panel assay. The company focuses on genomically driven, personalized cancer care, working on the computational interpretation of human cancer to improve patient care. It is a clinical laboratory.
Key facts about Lifecode
- Founded Year: 2012
- Location: Foster City (United States)
- Stage: Acquired
- Total Funding till date: $20.5M
- Employee Count: 4 as on May 31, 2026
- Investors: Mayo Clinic Business Accelerator, Mitsui Global Investment and 2 Others
- Latest Funding Round: Series A, Feb 18, 2015, $*****
- Highlight: Acquired
5. Comprehend
Comprehend Systems provides clinical data reporting and visualization tools for the pharmaceutical industry. The platform is used to optimize and manage clinical trials using AI technology. It analyzes clinical operations (ClinOps), quality data, automates alerts.
Key facts about Comprehend
- Founded Year: 2010
- Location: Palo Alto (United States)
- Stage: Acquired
- Total Funding till date: $65.7M
- Employee Count: 2 as on Dec 31, 2022
- Investors: Menlo Ventures, Quotidian Ventures and 18 Others
- Latest Funding Round: Series C, Mar 12, 2019, $*****
- Highlight: Acquired
Azimuth Ventures' Investments by Stage
Azimuth Ventures has made 1 investment in Seed stage with an average round size of $1.85M and 1 investment in Series A stage with an average round size of $6M.Azimuth Ventures' Investments by Sector
Azimuth Ventures has a diverse portfolio, with companies operating in the HealthTech, Consumer, Enterprise Applications, High Tech and Internet of Things - Industry Applications. Notably, it has invested in 6 Tech companies, 5 Enterprise (B2B) companies, 4 Saas companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
HealthTech | 2 |
Consumer | 1 |
Enterprise Applications | 1 |
High Tech | 1 |
Internet of Things - Industry Applications | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Azimuth Ventures' Investments by Geography
Azimuth Ventures has made most investments in United States (2).Azimuth Ventures' recent investments
Azimuth Ventures has not made any investment in 2026 so far.Here are the most recent investments by Azimuth Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 18, 2015 | United States | Series A | 1553 | [+4] | |
Aug 04, 2015 | United States | Series A | 4381 | [+5] | |
Apr 22, 2014 | United States | Seed | 2845 | [+7] |
Unicorns in Azimuth Ventures' Portfolio
Azimuth Ventures has 1 unicorn in its portfolio - Mambu. The most recent unicorn in their portfolio is Mambu which became a unicorn in 2021, 5 years before Azimuth Ventures first invested in it.Here is a list of unicorns in Azimuth Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
73 | Provider of cloud banking platform delivering composable banking and financial experiences | 2011 | Amsterdam | Series E | kfvgk{t |
IPOs and Publicly Listed companies in Azimuth Ventures' Portfolio
1 of Azimuth Ventures' portfolio company became public - Owlet. It got listed on the New York Stock Exchange (NYSE), OTC Markets (OTCMKTS), in Nov 2020.Here are Azimuth Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 05, 2020 | Apr 22, 2014 | Seed | 3325 |
Acquired companies in Azimuth Ventures' Portfolio
3 companies from Azimuth Ventures' portfolio have been acquired. The most recent acquisition was Wellframe in Oct 2021 by HealthEdge for $*****.Here are Azimuth Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 19, 2021 | - | - | 9207 | |
Aug 13, 2019 | - | - | 5869 | |
Feb 24, 2016 | - | - | 2908 |
Co-investors of Azimuth Ventures
Over the past 12 years, 25 investors have co-invested in Azimuth Ventures's portfolio companies. This includes funds and angels.
- Top Co-investors of Azimuth Ventures: 14 investors entered a company along with Azimuth Ventures. These include investors like ff Venture Capital (1 company).
- Invested after Azimuth Ventures: A total of 11 investors have invested in Azimuth Ventures's portfolio after their investments. Top Investors include Formation 8 (1 company), Peak (1 company) and Blake Mycoskie (1 company).
Recent News related to Azimuth Ventures
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Zest Health raises $6M for health benefits app | MobiHealthNewsMobiHealthNews•Aug 04, 2015•Zest Health, 7wire Ventures, Lightbank, Zaffre Investments and 4 others
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Zest Health Completes $6 Million Series A Financing | Business WireBusiness Wire•Aug 04, 2015•Zest Health, 7wire Ventures, Lightbank, Zaffre Investments and 4 others
