About Bedrock
Bedrock is a venture capital firm founded in 2018. It is primarily based out of San Francisco, United States. As of Aug 2025, Bedrock is an active investor, having invested in 74 companies, with 2 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 Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of TensorZero Overall, Bedrock portfolio has seen 9 unicorns, 5 IPOs and 8 acquisitions including key companies like Nubank, Upstart and Lyft. 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
Portfolio Unicorns
Deals in last 12 months
Bedrock's List of Top Investments
Bedrock has a portfolio of 74 companies, including 9 unicorns. Their most notable investments are in Check and Check.Their portfolio spans across United States, Canada, Australia and 5 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. OpenAI
Developer of artificial intelligence models tools and research-driven platforms. The company conducts AI research and deploys large-scale models for language, vision, audio and multimodal tasks, with the goal of creating artificial general intelligence that benefits humanity. Its portfolio includes generative models such as the GPT series for text, multimodal interaction systems, and other APIs and applications that developers and enterprises integrate into products, workflows and services.
Key facts about OpenAI
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $57.9B
- Employee Count: 2,601 as on Dec 01, 2024
- Investors: T. Rowe Price, G Squared and 60 Others
- Latest Funding Round: Series F, Mar 31, 2025, $*****
- Highlight: Editors' Pick
2. 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: €46.6B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 7,676 as on Dec 31, 2023
- Investors: Berkshire Hathaway, Harvest Growth Capital and 38 Others
- Latest Funding Round: Series G, Jun 08, 2021, $*****
- Highlight: Public
3. 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: Sydney (Australia)
- Annual Revenue: 962M AUD as on Dec 31, 2022
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $589M
- Employee Count: 1 as on Dec 31, 2024
- Investors: T. Rowe Price, Next Round Capital and 52 Others
- Latest Funding Round: Series F, May 01, 2024, $*****
- Highlight: Editors' Pick
4. Jupiter
Online platform offering a suite of financial services. It offers a range of services, including banking, credit cards, lending, and investments. It allows users to manage all aspects of their money in one place.
Key facts about Jupiter
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: ₹90.9Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $182M
- Employee Count: 377 as on Aug 31, 2025
- Investors: Z47, Hummingbird Ventures and 77 Others
- Latest Funding Round: Series C, Oct 30, 2025, $*****
- Highlight: Editors' Pick
5. Upstart
AI-enabled online marketplace offering diversified loans to consumers and businesses. It offers loans such as personal loans, credit card loans, car loans, debt consolidation loans, wedding loans, medical loans, small business loans, and more. It provides personalized loan rates based on personal credit assessments.
Key facts about Upstart
- Founded Year: 2012
- Location: Palo Alto (United States)
- Annual Revenue: $637M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $129M
- Employee Count: 1,497 as on Dec 31, 2021
- Investors: HTIF, Tuesday Capital and 28 Others
- Latest Funding Round: Series D, Apr 08, 2019, $*****
- Highlight: Public
Bedrock's Year-on-Year Investment Trends
Bedrock has invested in 74 companies over the last 8 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 4 investments. 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 | 0 | 0 |
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 | 3 | 1 | 4 |
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, 5 investments in Series B stage with an average round size of $58.5M, 5 investments in Series C stage with an average round size of $44.3M 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 | 5 |
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, 51 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 | 26 |
Note: We have considered here, only first round of investments
Bedrock's Investments by Geography
Bedrock has made most investments in United States (30), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 30 |
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 not made any investment in 2026 so far.Here are the most recent investments by Bedrock:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 19, 2025 | United States | Seed | 3448 | [+3] | |
May 09, 2025 | United States | Series B | 6044 | [+1] | |
Apr 23, 2025 | United States | Seed | 6291 | [+8] | |
Mar 13, 2025 | United States | Series F | 2020 | [+8] | |
Jun 13, 2024 | United States | Series A | 5507 | [+16] |
Unicorns in Bedrock's Portfolio
Bedrock has 9 unicorns in its portfolio - Epirus, Flock Safety, Vercel and others. The most recent unicorn in their portfolio is Epirus. It became a unicorn in 2022, 1 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 |
|---|---|---|---|---|---|---|---|
69 | Developer of high-power microwave systems for electronic warfare and air defense | 2017 | Los Angeles | Series D | mwdsdca | ||
69 | Cloud-based platform for public safety management | 2017 | Atlanta | Series F | xvchyet | ||
79 | Provider of developer tools and cloud infrastructure for web application development and deployment | 2015 | Covina | Series F | is{enlj | ||
76 | Revenue-based financing solution | 2015 | Toronto | Series D | kgxwjvy | ||
79 | Online platform offering personalized video messages from celebrities | 2017 | Chicago | Series C | cyowhwq |
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 | - | - | 3488 | |
Feb 18, 2021 | - | - | 3407 | |
Dec 16, 2020 | - | - | 1434 | |
Mar 29, 2019 | - | - | 1335 | |
Jul 19, 2018 | - | - | 7264 |
Acquired companies in Bedrock's Portfolio
8 companies from Bedrock's portfolio have been acquired. The most recent acquisition were Dipsea in Sep 2024 by RevenueCat.Here are Bedrock's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | Feb 26, 2019 | Seed | 6859 | |
Feb 10, 2024 | - | - | 9546 | |
Dec 06, 2023 | - | - | 9682 | |
Nov 14, 2023 | Jan 21, 2020 | Seed | 3659 | |
May 06, 2022 | Oct 12, 2018 | Series C | 6857 |
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, 384 investors have co-invested in Bedrock's portfolio companies. This includes funds and angels.
- Invested before Bedrock: Y Combinator, BoxGroup and 128 others have invested in rounds before Bedrock. There are 7 companies where Y Combinator has invested before Bedrock and 3 companies where BoxGroup has invested before Bedrock.
- Top Co-investors of Bedrock: 129 investors entered a company along with Bedrock. These include investors like Founders Fund (4 companies).
- Invested after Bedrock: A total of 125 investors have invested in Bedrock's portfolio after their investments. Top Investors include Tiger Global Management (4 companies), Andreessen Horowitz (3 companies) and QED Investors (2 companies).
Recent News related to Bedrock
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Mach Industries secures $100M funding to expand defense hardware manufacturingSiliconAngle•Jun 18, 2025•Mach Industries, Khosla Ventures, Bedrock, Sequoia Capital
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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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Y Combinator Police surveillance startup Darling Flock Safety raises $275 million at a $7.5 billion valuationesdelatino.com•Mar 14, 2025•Flock Safety, Bedrock, VCS
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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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GM, Bedrock unveil $1.6 billion plan to renovate Detroit's Renaissance CenterCoStar•Nov 27, 2024•General Motors, Bedrock
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Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of Bridgebitcoinethereumnews.com•Nov 04, 2024•Sequoia Capital, Stripe, Bridge, SC Ventures and 13 others
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Vercel Raises $250M to Accelerate AI and Security Innovation and Deliver Next-Generation Web Experiences and ApplicationsMarTech Series•May 17, 2024•Vercel, Google Ventures, CRV, Accel and 6 others
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Frontend Cloud Platform Vercel Received $250 Million Investment With A Valuation Of $3.25 BillionWebrazzi•May 17, 2024•Bedrock, CRV, Google Ventures, Vercel and 6 others
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Vercel Raises $250M in Series E at $3.25 Billion ValuationFinSMEs•May 16, 2024•Vercel, Bedrock, Geodesic Capital, Tiger Global Management and 5 others
