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About Canapi Ventures
Canapi Ventures is a venture capital firm founded in 2018. It is primarily based out of Washington, DC, United States. As of Nov 2025, Canapi Ventures is an active investor, having invested in 44 companies, with 7 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 FinTech and High Tech. Most recently it participated in the $***** Series A round of Coverbase Overall, Canapi Ventures portfolio has seen 7 unicorns, 2 IPOs and 2 acquisitions including key companies like Zillow, Blend and Fireblocks. A lot of funds co-invest with Canapi Ventures, with names like CapitalG sharing a substantial percentage of its portfolio. Canapi Ventures has team of 19 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 6 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Canapi Ventures' List of Top Investments
Canapi Ventures has a portfolio of 44 companies, including 7 unicorns. Their most notable investments are in Elpha Secure Technology and Cashmere AI.Their portfolio spans across United States, Canada, United Kingdom and 2 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 8 other sectors, across stages such as Series A, Seed and 6 more. Here is the list of top investments by Canapi Ventures:1. Zillow
Provider of real estate listings, rentals, mortgages, and agent connections. It offers tools for buying, selling, renting, and managing properties. The platform facilitates connections between users and real estate agents. It also provides resources for property valuation and market analysis.
Key facts about Zillow
- Founded Year: 2005
- Location: Seattle (United States)
- Annual Revenue: $326M as on Dec 31, 2014
- Stage: Public
- Total Funding till date: $87M
- Employee Count: 10,065 as on Apr 30, 2026
- Investors: TDM Growth Partners, TCV and 9 Others
- Latest Funding Round: Post IPO, Aug 12, 2021, $*****
- Highlight: Public
2. Blend
Provider of digital solutions for mortgage, home equity, and consumer lending. The company offers a platform for financial institutions to streamline lending processes. It provides tools for loan origination, verification, and closing. The platform supports deposit accounts and consumer loans. It helps credit unions, banks, and mortgage providers improve customer experience.
Key facts about Blend
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $124M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $685M
- Employee Count: 741 as on Apr 30, 2026
- Investors: HTIF, Owl Rock and 43 Others
- Latest Funding Round: Post IPO, Apr 29, 2024, $*****
- Highlight: Public
3. Fireblocks
Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service. The platform offers APIs to custody, manage treasury operations, access Defi, mint and burn tokens, and manage their digital asset operation.
Key facts about Fireblocks
- Founded Year: 2018
- Location: New York (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.04B
- Employee Count: 968 as on Apr 30, 2026
- Investors: Tenaya Capital, Sequoia Capital and 38 Others
- Latest Funding Round: Series E, Jan 27, 2022, $*****
- Highlight: Editors' Pick
4. Greenlight
App-based investment platform for kids and teens. The company offers debit cards for kids. It empowers parents to teach trade-off decisions, money management, and the power of saving with an app.
Key facts about Greenlight
- Founded Year: 2014
- Location: Atlanta (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $556M
- Employee Count: 655 as on Apr 30, 2026
- Investors: DST Global, Bond Capital and 36 Others
- Latest Funding Round: Series D, Oct 04, 2023, $*****
- Highlight: Editors' Pick
5. Nova Credit
Provider of unified consumer credit data infrastructure and analytics platform. The company enables lenders and other financial institutions to access and orchestrate consumer-permissioned credit, banking, payroll, and document data through a single integration for underwriting and onboarding workflows. Its platform underpins three core products a cash flow underwriting solution using bank transaction data, an automated income verification solution, and a cross border credit product that translates international credit histories into standardized reports. Services help clients expand approval rates for underserved or thin file consumers, reduce fraud, improve debt-to-income assessment, and maintain compliance as a consumer reporting agency under applicable regulations.
Key facts about Nova Credit
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $156M
- Employee Count: 118 as on Mar 31, 2026
- Investors: National Bank of Canada, Harmonic and 35 Others
- Latest Funding Round: Series D, Oct 14, 2025, $*****
- Highlight: Editors' Pick
Canapi Ventures' Year-on-Year Investment Trends
Canapi Ventures has invested in 44 companies over the last 7 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 13 investments. Its most recent first time investment was in Coverbase and most recent follow-on round was in Nova Credit.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 10 | 3 | 13 |
2024 | 5 | 4 | 9 |
2023 | 4 | 1 | 5 |
2022 | 8 | 2 | 10 |
2021 | 9 | 7 | 16 |
2020 | 7 | 1 | 8 |
2019 | 1 | 0 | 1 |
Canapi Ventures' Investments by Stage
Canapi Ventures has made 18 investments in Series A stage with an average round size of $16.3M, 8 investments in Seed stage with an average round size of $4.95M and 8 investments in Series B stage with an average round size of $49.2M.Stage of entry | No. of Investments |
|---|---|
Series A | 18 |
Seed | 8 |
Series B | 8 |
Series C | 4 |
Series D | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
Canapi Ventures' Investments by Sector
Canapi Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, Financial Services and High Tech. Notably, it has invested in 41 Tech companies, 36 Enterprise (B2B) companies, 31 Software companies and at least 16 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 32 |
FinTech | 31 |
Vertical SaaS | 10 |
Financial Services | 4 |
High Tech | 4 |
Others | 16 |
Note: We have considered here, only first round of investments
Canapi Ventures' Investments by Geography
Canapi Ventures has made most investments in United States (38), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 38 |
Canada | 2 |
United Kingdom | 2 |
Israel | 1 |
Taiwan | 1 |
Note: We have considered here, only first round of investments
Canapi Ventures' recent investments
Canapi Ventures has not made any investment in 2026 so far.Here are the most recent investments by Canapi Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 20, 2025 | United States | Series A | 8107 | [+4] | |
Oct 27, 2025 | United States | Series F | 2232 | [+1] | |
Oct 15, 2025 | United States | Series B | 5863 | [+3] | |
Oct 14, 2025 | United States | Series D | 6679 | [+8] | |
Sep 04, 2025 | United States | Seed | 1906 |
Unicorns in Canapi Ventures' Portfolio
Canapi Ventures has 7 unicorns in its portfolio - Capitolis, Island, Built and others. The most recent unicorn in their portfolio is Capitolis. It became a unicorn in 2022.Here is a list of unicorns in Canapi Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Offers trade management solutions for investors | 2016 | New York City | Series D | v{aoeyd | ||
65 | Provider of enterprise browser that offers SaaS governance, visibility, and productivity controls | 2020 | Dallas | Series E | zerznxr | ||
66 | Cloud-based loan life cycle management solution for construction loans | 2014 | Nashville | Series D | rbspbqk | ||
65 | Identity decisioning platform for banks and fintech firms | 2015 | New York City | Series C | jdjbghx | ||
74 | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | 2018 | New York | Series E | byckpuk |
IPOs and Publicly Listed companies in Canapi Ventures' Portfolio
2 of Canapi Ventures' portfolio companies have become public. Blend got listed on the New York Stock Exchange (NYSE), in Jul 2021 at marketcap of $3.95B and Zillow got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $348M.Here are Canapi Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 16, 2021 | Aug 12, 2020 | Series F | 5424 | |
Jul 20, 2011 | Aug 12, 2021 | Post IPO | 9603 |
Acquired companies in Canapi Ventures' Portfolio
2 companies from Canapi Ventures' portfolio have been acquired. The most recent acquisition was Peach Finance in May 2026 by SoFi for $*****.Here are Canapi Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 21, 2026 | Jul 22, 2021 | Series A | 8614 | |
Aug 13, 2024 | Dec 04, 2020 | Series A | 4481 |
Team profile of Canapi Ventures
Canapi Ventures has a team of 19 members including 4 Partners and 9 Principals located in United States. Canapi Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Canapi Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Wilmington | - | ||
Partner | Wilmington | - | - | |
Partner | United States | - | ||
Partner | San Francisco | - | ||
Principal | Washington | - | ||
Principal | Wilmington | - | ||
Principal | United States | - | ||
Principal | New York City | - | ||
Principal | Wilmington | - | ||
Principal | Los Angeles | - |
Co-investors of Canapi Ventures
Over the past 7 years, 383 investors have co-invested in Canapi Ventures's portfolio companies. This includes funds and angels.
- Invested before Canapi Ventures: Y Combinator, Sequoia Capital and 160 others have invested in rounds before Canapi Ventures. There are 5 companies where Y Combinator has invested before Canapi Ventures and 4 companies where Sequoia Capital has invested before Canapi Ventures.
- Top Co-investors of Canapi Ventures: 126 investors entered a company along with Canapi Ventures. These include investors like CapitalG (4 companies).
- Invested after Canapi Ventures: A total of 95 investors have invested in Canapi Ventures's portfolio after their investments. Top Investors include Andreessen Horowitz (3 companies), Coatue (2 companies) and Curql (2 companies).
Recent News related to Canapi Ventures
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Coverbase Secures Series A Funding to Expand AI Procurement PlatformMassinvestor•Nov 21, 2025•Coverbase, Canapi Ventures, Valley Bank, Fika Ventures and 2 others
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SavvyMoney Raises $225M to Accelerate Innovation for Financial Institutionsintelligence360•Nov 17, 2025•Savvymoneycom, Canapi Ventures, Spectrum Equity
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SavvyMoney Secures $225M to Boost Innovation for Financial InstitutionsPR Newswire•Oct 27, 2025•Savvymoneycom, Paris Saint-Germain, Canapi Ventures, TransUnion and 3 others
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Nova Credit Secures $35 Million to Enhance Cash Flow UnderwritingPYMNTS.com•Oct 15, 2025•PayPal, Nova Credit, Chase, Yardi and 17 others
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Liberate Secures $50M to Develop Reasoning AI Agents for InsuranceBenzinga•Oct 15, 2025•Liberate, Canapi Ventures, Time and Date, Battery Ventures and 4 others
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ModernFi Raises $30 Million to Transform Deposit Infrastructuretechnologies.org•Sep 04, 2025•Intercontinental Exchange, Modern Finance, Canapi Ventures, Andreessen Horowitz and 2 others
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AI-Native Loan Origination Platform Casca Raises $29 Million to Replace Legacy LendingFinancial IT•Aug 19, 2025•Casca, AFG, Canapi Ventures, Bankwell and 5 others
