About Cendana Capital
Cendana Capital is a venture capital firm founded in 2010. It is primarily based out of San Francisco, United States. As of Aug 2024, Cendana Capital has invested in 21 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 High Tech and FinTech. Most recently it participated in the $***** Series A round of Crux OCM Overall, Cendana Capital portfolio has seen 3 unicorns and 4 acquisitions including key companies like Casper, Loft Orbital and Arcadia. A lot of funds co-invest with Cendana Capital, with names like Industry Ventures sharing a substantial percentage of its portfolio. Cendana Capital has team of 12 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Cendana Capital's List of Top Investments
Cendana Capital has a portfolio of 21 companies, including 3 unicorns. Their most notable investmentis in Silicon Valley Data ScienceTheir portfolio spans across United States, Canada, Israel and 1 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 17 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Cendana Capital:1. Casper
Manufacturer of foam and hybrid mattresses, pillows, and bedding accessories. The product line includes adjustable bed frames, headboards, sheets, mattress protectors, and duvets. These items are engineered to provide support and comfort for sleep. The business operates through an online store and physical retail locations.
Key facts about Casper
- Founded Year: 2014
- Location: New York City (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $340M
- Employee Count: 802 as on Jul 31, 2026
- Investors: K2 Global, avenuealtd.com and 56 Others
- Latest Funding Round: Series D, Mar 27, 2019, $*****
- Highlight: Acquired
2. Loft Orbital
Provider of space mission launch services. It offers microsatellite launching services. It includes platform manufacturing and integration, standard interfaces installation, launch booking and integration, regulatory compliance and licensing, and insurance. It also provides commissioning and routine operations through its global ground station partners. Its satellite operation dashboard enables payload tasking and access to data in near-real-time.
Key facts about Loft Orbital
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $330M
- Employee Count: 358 as on Jul 31, 2026
- Investors: Temasek, Uncork Capital and 41 Others
- Latest Funding Round: Series C, Jan 15, 2025, $*****
- Highlight: Editors' Pick
3. Arcadia
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Key facts about Arcadia
- Founded Year: 2014
- Location: Washington, DC (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $566M
- Employee Count: 1,444 as on Jul 31, 2026
- Investors: ValueAct Capital, Salesforce Ventures and 39 Others
- Latest Funding Round: Conventional Debt, Apr 11, 2024, $*****
- Highlight: Editors' Pick
4. Vectra AI
Provider of AI-driven platform for cyberattack detection and response services. The platform observes behavior, signals risk, and facilitates action to stop attacks across networks. It offers protection against account takeovers, ransomware, advanced persistent threats, and supply chain attacks. The platform provides integrations, AI detections, and managed extended detection and response services.
Key facts about Vectra AI
- Founded Year: 2010
- Location: San Jose (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $425M
- Employee Count: 676 as on Jul 31, 2026
- Investors: Silver Lake, HighGear Ventures and 24 Others
- Latest Funding Round: Series F, Nov 18, 2021, $*****
- Highlight: Editors' Pick
5. Cyble
Provider of AI-native platforms and solutions for cyber threat intelligence. The company delivers attack surface management, brand intelligence, and dark web monitoring. It offers vulnerability management, takedown and disruption, and third-party risk management. The company provides digital forensics and incident response, physical security intelligence, and executive monitoring. It features cloud security posture management and botnet protection.
Key facts about Cyble
- Founded Year: 2019
- Location: Alpharetta (United States)
- Stage: Series B
- Total Funding till date: $48.3M
- Employee Count: 231 as on Jul 31, 2026
- Investors: Spider Capital, Summit Peak and 13 Others
- Latest Funding Round: Series B, Nov 14, 2023, $*****
- Highlight: Editors' Pick
Cendana Capital's Year-on-Year Investment Trends
Cendana Capital has invested in 21 companies over the last 13 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Photon and most recent follow-on round was in Crux OCM.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 3 | 1 | 4 |
2023 | 0 | 0 | 0 |
2022 | 3 | 0 | 3 |
2021 | 2 | 1 | 3 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
2018 | 4 | 1 | 5 |
Cendana Capital's Investments by Stage
Cendana Capital has made 10 investments in Series A stage with an average round size of $10.9M, 4 investments in Series B stage with an average round size of $25.5M, 3 investments in Seed stage with an average round size of $5.63M and 3 investments in Series C stage with an average round size of $36.4M.Stage of entry | No. of Investments |
|---|---|
Series A | 10 |
Series B | 4 |
Seed | 3 |
Series C | 3 |
Note: We have considered here, only first round of investments
Cendana Capital's Investments by Sector
Cendana Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Energy Tech and Financial Services. Notably, it has invested in 17 Enterprise (B2B) companies, 17 Tech companies, 13 Software companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 10 |
Consumer | 4 |
FinTech | 4 |
Energy Tech | 3 |
Financial Services | 3 |
Others | 28 |
Note: We have considered here, only first round of investments
Cendana Capital's Investments by Geography
Cendana Capital has made most investments in United States (17), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 17 |
Canada | 1 |
Israel | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Cendana Capital's recent investments
Cendana Capital has not made any investment in 2026 so far.Here are the most recent investments by Cendana Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 14, 2024 | Canada | Series A | 1344 | [+9] | |
Jul 10, 2024 | United States | Series A | 7203 | [+9] | |
Mar 14, 2024 | United States | Series B | 9204 | [+5] | |
Feb 07, 2024 | United States | Series A | 2958 | [+4] | |
Jun 01, 2022 | United States | Seed | 4086 | [+1] |
Unicorns in Cendana Capital's Portfolio
Cendana Capital has 3 unicorns in its portfolio - Loft Orbital, Arcadia and Vectra AI. The most recent unicorn in their portfolio is Loft Orbital. It became a unicorn in 2025, 5 years after Cendana Capital first invested in it.Here is a list of unicorns in Cendana Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Provider of space mission launch services | 2016 | San Francisco | Series C | oz{vvgs | ||
66 | Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency. | 2014 | Washington, DC | Series D | hzakiqq | ||
66 | Provider of AI-driven platform for cyberattack detection and response services | 2010 | San Jose | Series F | kkgmv{j |
Acquired companies in Cendana Capital's Portfolio
4 companies from Cendana Capital's portfolio have been acquired. The most recent acquisition was Casper in Nov 2024 by Carpenter for $*****.Here are Cendana Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 04, 2024 | Aug 11, 2014 | Series A | 9258 | |
May 06, 2022 | Feb 15, 2018 | Series A | 6543 | |
Jun 04, 2018 | Mar 22, 2016 | Series C | 6169 | |
Jan 04, 2018 | Dec 06, 2013 | Series C | 6398 |
Team profile of Cendana Capital
Cendana Capital has a team of 12 members including 3 Partners and 1 Principal. Cendana Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Cendana Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | - | |
Principal | - | - | - |
Co-investors of Cendana Capital
Over the past 13 years, 230 investors have co-invested in Cendana Capital's portfolio companies. This includes funds and angels.
- Invested before Cendana Capital: Lerer Hippeau, Uncork Capital and 83 others have invested in rounds before Cendana Capital. There are 2 companies where Lerer Hippeau has invested before Cendana Capital and 2 companies where Uncork Capital has invested before Cendana Capital.
- Top Co-investors of Cendana Capital: 75 investors entered a company along with Cendana Capital. These include investors like Industry Ventures (3 companies).
- Invested after Cendana Capital: A total of 70 investors have invested in Cendana Capital's portfolio after their investments. Top Investors include IVP (1 company), Pritzker Group (1 company) and Tobey Maguire (1 company).
Recent News related to Cendana Capital
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Creator Ventures Launches $45M Fund II, Focusing on AI and Consumer InternetTechCrunch+•May 20, 2025•Creator Ventures, Level Ventures, Cendana Capital, Vintage Investment Partners and 2 others
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DoNotPay Founder Raises $30 Million for New FundPANews•May 15, 2025•Sequoia Capital, Cendana Capital, GEM, Level Ventures and 2 others
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CruxOCM: Control Room Co-Pilot Platform Secures $17 Million (Series A)Pulse 2.0•Aug 22, 2024•Crux OCM, M12, Oneok, Raven Indigenous Capital Partners and 8 others
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Photon Raises $9M to Expand Access to Text-Based PrescriptionsHIT Consultant•Aug 16, 2024•Notation, Flare Capital Partners, Floating Point, G1 Ventures and 7 others
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CruxOCM announces closing of US$17 million Series A funding roundWorld Pipelines•Aug 14, 2024•Crux OCM, Raven Indigenous Capital Partners, M12, Oneok and 8 others
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USA-based Lily AI raises USD 20 million in Series B-1Vcbay News•Mar 15, 2024•Lily, Conductive Ventures, Counterpart Ventures, Cendana Capital and 4 others
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Lily AI Closes $20M Series B-1 Funding RoundSalesTech Star•Mar 14, 2024•Lily, Conductive Ventures, Counterpart Ventures, Cendana Capital and 4 others
