About Bedrock
Bedrock is a venture capital firm founded in 2018. It is primarily based out of San Francisco, United States. As of Sep 2026, Bedrock has invested in 74 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series C round of Mach Industries Overall, Bedrock portfolio has seen 10 unicorns, 5 IPOs and 9 acquisitions including key companies like Nubank, Lyft and Vercel. A lot of funds co-invest with Bedrock, with names like Founders Fund sharing a substantial percentage of its portfolio. Bedrock has team of 6 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio Acquisitions
Deals in last 12 months
Bedrock's List of Top Investments
Bedrock has a portfolio of 74 companies, including 10 unicorns. Their most notable investments are in Check and Check.Their portfolio spans across United States, Canada, Australia and 4 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 27 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Bedrock:
1. Nubank
Provider of digital banking services, including credit cards and accounts. It offers various financial solutions through its application. These solutions include tools for managing money and protecting finances. The company focuses on providing accessible and straightforward banking experiences.
Key facts about Nubank
- Founded Year: 2013
- Location: Sao Paulo (Brazil)
- Annual Revenue: €1B+ as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 12,692 as on Jul 31, 2026
- Investors: Berkshire Hathaway, Harvest Growth Capital and 39 Others
- Latest Funding Round: Series G, Jun 08, 2021, $*****
- Highlight: Public
2. OpenAI
Artificial intelligence research and development platform offering advanced language models. It enables businesses and individuals to build and integrate AI capabilities into their applications and services. It is a technology company specializing in the development of artificial intelligence models, including the popular ChatGPT, which enables users to interact with AI-powered conversational interfaces. The company's research focuses on achieving artificial general intelligence, a system that can solve complex human-level problems, while prioritizing safety and benefits. It provides its AI models through an API platform, enabling developers to integrate AI capabilities into their applications.
Key facts about OpenAI
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $180B
- Employee Count: 11,056 as on Aug 31, 2026
- Investors: Glynn Capital, K2 Global and 91 Others
- Latest Funding Round: Series F, Apr 22, 2026, $*****
- Highlight: Editors' Pick
3. Lyft
Network facilitating on-demand transportation and ride scheduling services for individuals. It provides options for immediate rides, scheduled pickups, and various vehicle types. The network offers programs for business transportation needs. It also focuses on safety measures and community support initiatives.
Key facts about Lyft
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $5.02B
- Employee Count: 3,913 as on Dec 31, 2025
- Investors: HTIF, SeedFord Partners and 161 Others
- Latest Funding Round: Series I, Aug 06, 2018, $*****
- Highlight: Public
4. Canva
Cloud-based collaborative design platform. It enables users to create various digital content, including social media posts, presentations, and videos, through its drag-and-drop editor. The platform provides access to thousands of templates, photos, and fonts, and offers AI-powered tools for users to enhance design abilities. It allows users to edit images for presentations, invitations, posters, flyers, business cards, and more. The platform offers pre-designed templates and effects. It also provides a stock library of photographs, illustrations, and images.
Key facts about Canva
- Founded Year: 2012
- Location: Surry Hills (Australia)
- Annual Revenue: $500M - $1B as on Dec 31, 2022
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $589M
- Employee Count: 18,668 as on Jul 31, 2026
- Investors: T. Rowe Price, Dragoneer Investment Group and 56 Others
- Latest Funding Round: Series F, May 01, 2024, $*****
- Highlight: Editors' Pick
5. Vercel
Provider of cloud infrastructure and developer tools for web applications. It offers continuous integration and delivery, content delivery, and serverless computing capabilities. The platform provides features such as bot management, security, and monitoring. It supports development with frameworks and tools, enabling application deployment and scaling.
Key facts about Vercel
- Founded Year: 2015
- Location: Covina (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $863M
- Employee Count: 1,011 as on Aug 31, 2026
- Investors: Adams Street Partners, GIC and 30 Others
- Latest Funding Round: Series F, Sep 30, 2025, $*****
- Highlight: Editors' Pick
Bedrock's Year-on-Year Investment Trends
Bedrock has invested in 74 companies over the last 8 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Sep 2026, it has made 2 investments in this year. Its most recent first time investment was in TensorZero and most recent follow-on round was in Mach Industries.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 2 | 2 |
2025 | 2 | 2 | 4 |
2024 | 1 | 1 | 2 |
2023 | 1 | 0 | 1 |
2022 | 4 | 4 | 8 |
2021 | 5 | 11 | 16 |
2020 | 14 | 2 | 16 |
2019 | 4 | 1 | 5 |
2018 | 4 | 0 | 4 |
Bedrock's Investments by Stage
Bedrock has made 13 investments in Series A stage with an average round size of $17.2M, 10 investments in Seed stage with an average round size of $3.89M, 6 investments in Series B stage with an average round size of $53.7M, 5 investments in Series C stage with an average round size of $44.4M and 1 investment in Unattributed stage with an average round size of $2M.Stage of entry | No. of Investments |
|---|---|
Series A | 13 |
Seed | 10 |
Series B | 6 |
Series C | 5 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Bedrock's Investments by Sector
Bedrock has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, FinTech, Consumer and High Tech. Notably, it has invested in 66 Tech companies, 50 Enterprise (B2B) companies, 44 Software companies and at least 28 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
Vertical SaaS | 9 |
FinTech | 6 |
Consumer | 4 |
High Tech | 4 |
Others | 27 |
Note: We have considered here, only first round of investments
Bedrock's Investments by Geography
Bedrock has made most investments in United States (31), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 31 |
Canada | 1 |
India | 1 |
New Zealand | 1 |
Philippines | 1 |
Note: We have considered here, only first round of investments
Bedrock's recent investments
Bedrock has made 2 investments in 2026 so far - Mach Industries and Mach Industries.Here are the most recent investments by Bedrock:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 10, 2026 | United States | Series C | 5403 | [+2] | |
Jun 01, 2026 | United States | Series C | 8526 | [+3] | |
Aug 19, 2025 | United States | Seed | 1617 | [+3] | |
May 09, 2025 | United States | Series B | 4661 | [+1] | |
Apr 23, 2025 | United States | Seed | 9444 | [+8] |
Unicorns in Bedrock's Portfolio
Bedrock has 10 unicorns in its portfolio - Radar, Epirus, Flock Safety and others. The most recent unicorn in their portfolio is Radar. It became a unicorn in 2026, 6 years after Bedrock first invested in it.Here is a list of unicorns in Bedrock's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
73 | Platform offering APIs for geofencing, location tracking, and mapping | 2016 | New York City | Series C | rfywouu | ||
67 | Developer of high-power microwave systems for electronic warfare and air defense | 2017 | Los Angeles | Series D | jtqyvjw | ||
66 | Cloud-based platform for public safety management | 2017 | Atlanta | Series F | kuamyuj | ||
82 | Provider of cloud infrastructure and developer tools for web applications | 2015 | Covina | Series F | vxemflv | ||
76 | Revenue-based financing solution | 2015 | Toronto | Series D | syvpnbt |
IPOs and Publicly Listed companies in Bedrock's Portfolio
5 of Bedrock's portfolio companies have become public. Nubank got listed on the New York Stock Exchange (NYSE), in Dec 2021 at marketcap of $41.5B and Bitcoin got listed on the Toronto Stock Exchange (TSX).Here are Bedrock's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2021 | - | - | 2232 | |
Feb 18, 2021 | - | - | 6218 | |
Dec 16, 2020 | - | - | 9499 | |
Mar 29, 2019 | - | - | 1161 | |
Jul 19, 2018 | - | - | 6559 |
Acquired companies in Bedrock's Portfolio
9 companies from Bedrock's portfolio have been acquired. The most recent acquisition was Playground in Sep 2026 by Procare Software for $*****.Here are Bedrock's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 14, 2026 | Dec 07, 2021 | Seed | 2546 | |
Sep 26, 2024 | Feb 26, 2019 | Seed | 2962 | |
Feb 10, 2024 | - | - | 9419 | |
Dec 06, 2023 | - | - | 4005 | |
Nov 14, 2023 | Jan 21, 2020 | Seed | 9049 |
Team profile of Bedrock
Bedrock has a team of 6 members including 4 Partners and 2 Principals located in United States. Bedrock's team does not sit on the board of any company as of now.Here is a list of all team members in Bedrock:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | - | - | ||
Partner | San Francisco | - | - | |
Partner | Los Angeles | - | - | |
Principal | United States | - | ||
Principal | United States | - |
Co-investors of Bedrock
Over the past 8 years, 413 investors have co-invested in Bedrock's portfolio companies. This includes funds and angels.
- Invested before Bedrock: Y Combinator, BoxGroup and 151 others have invested in rounds before Bedrock. There are 8 companies where Y Combinator has invested before Bedrock and 3 companies where BoxGroup has invested before Bedrock.
- Top Co-investors of Bedrock: 133 investors entered a company along with Bedrock. These include investors like Founders Fund (4 companies).
- Invested after Bedrock: A total of 127 investors have invested in Bedrock's portfolio after their investments. Top Investors include Tiger Global Management (4 companies), Andreessen Horowitz (3 companies) and Salesforce Ventures (2 companies).
Recent News related to Bedrock
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Mach Industries raised $300M at a $1.8B valuation — and its new in-house rocket-motor arm targets a U.S. supply bottleneckSilicon Canals•Jun 23, 2026•Ribbit Capital, Khosla Ventures, Infinite Capital, Sequoia Capital and 2 others
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Mach Industries Raises $300 Million in Series C FundingMassinvestor•Jun 02, 2026•Infinite Capital, Sequoia Capital, Bedrock, Ribbit Capital and 1 other
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MIT Dropout Secures $100M for Defense Tech Startup Mach IndustriesBenzinga•May 10, 2025•Mach Industries, Khosla Ventures, Bedrock, Sequoia Capital and 2 others
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Surveillance tech startup Flock Safety scores $275M in new funding at $7.5B valuationSiliconAngle•Mar 14, 2025•Flock Safety, Bedrock, Andreessen Horowitz, Greenoaks and 7 others
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Flock Safety Raises $275 Million to Advance the Safety Technology Ecosystem and Strengthen Communities Across the U.S.GlobeNewswire•Mar 13, 2025•Flock Safety, Andreessen Horowitz, Greenoaks, Bedrock and 8 others
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Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of BridgeBitcoin Ethereum News•Nov 04, 2024•Sequoia Capital, Stripe, Bridge, SC Ventures and 13 others
