About Ceres Venture Fund
Ceres Venture Fund is a venture capital firm founded in 2002. It is primarily based out of Northfield, United States. As of Jun 2010, Ceres Venture Fund has invested in 13 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 FinTech and Enterprise Infrastructure. Most recently it participated in the $***** Series B round of INRange Systems Overall, Ceres Venture Fund portfolio has seen 1 IPO and 5 acquisitions including key companies like SynCardia, Vormetric and Flexcavo. A lot of funds co-invest with Ceres Venture Fund, with names like NEW Capital Fund sharing a substantial percentage of its portfolio. Ceres Venture Fund has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Series B
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Ceres Venture Fund's List of Top Investments
Ceres Venture Fund has a portfolio of 13 companies. Their most notable investments include SynCardia and Eved.Their portfolio spans across United States, Germany and United Kingdom. They have invested in Enterprise Applications, FinTech, Enterprise Infrastructure and 10 other sectors, across stages such as Series A, Series B stages. Here is the list of top investments by Ceres Venture Fund:1. SynCardia
SynCardia Systems has developed a temporary total artificial heart in two sizes - 70cc and 50cc. The 70cc product is FDA approved both as a destination therapy and a bridge to transplant. SynCardia also provides a portable driver, which powers the SynCardia Heart while allowing clinically stable patients to be discharged from the hospital to live at home. It claims to have over 1,400 implants accounting for more than 400 patient years. The company filed for an IPO in Aug 2015 and withdrew its application two months later.
Key facts about SynCardia
- Founded Year: 2001
- Location: Tucson (United States)
- Stage: Public
- Total Funding till date: $72M
- Employee Count: 87 as on Jul 31, 2026
- Investors: Athyrium Capital Management, SWK Holdings and 5 Others
- Latest Funding Round: Series E, Apr 21, 2015, $*****
- Highlight: Public

2. Eved
Eved provides a spend management and payments platform for businesses. Offers a complete Source-to-Pay cloud-based technology solution that automates the buying and selling of meetings.
Key facts about Eved
- Founded Year: 2010
- Location: Chicago (United States)
- Stage: Series C
- Total Funding till date: $31.4M
- Employee Count: 33 as on Jul 31, 2026
- Investors: MK Capital, Ceres Venture Fund and 4 Others
- Latest Funding Round: Series C, Sep 21, 2020, $*****
- Highlight: Editors' Pick
3. Vormetric
Vormetric provides enterprise data security through data Encryption, key Management, access policy & privileged user control. Vormetric Data Security Manager provides centralized management for Vormetric Key Management and functions as the key repository for Vormetric Key Management Key Vault. Platform delivers big data security through encryption, key management, and access control. Solution generates security intelligence on data access by users, processes, and applications. Won Best of VMworld 2014 Gold Award for Security and Compliance within Virtualized Environments.
Key facts about Vormetric
- Founded Year: 2001
- Location: San Jose (United States)
- Stage: Acquired
- Total Funding till date: $52.6M
- Employee Count: 44 as on Jul 31, 2026
- Investors: Ceres Venture Fund, Split Rock Partners and 5 Others
- Latest Funding Round: Series D, Jun 27, 2013, $*****
- Highlight: Acquired

4. Flexcavo
Key facts about Flexcavo
- Founded Year: 2020
- Location: Rosenheim (Germany)
- Annual Revenue: $100M - $500M as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $15.5M
- Employee Count: 10 - 49 as on Mar 01, 2026
- Investors: Ceres Venture Fund, Redstone and 40 Others
- Latest Funding Round: Seed, Feb 09, 2022, $*****
- Highlight: Acquired
5. Coverity
Application security solutions for managing risk in software development lifecycle. It is a B2B tech company offering a suite of tools and services designed to secure software across its lifecycle. The company specializes in application security testing (AST), including SAST, DAST, SCA, and IAST, along with application security posture management (ASPM) and fuzz testing. The platform integrates with developer workflows and CI/CD pipelines, providing solutions for AI-generated code security, API security testing, and software supply chain security. Services include program strategy, open source audits, and implementation support. The company caters to industries like automotive, financial services, IoT, medical devices, and the public sector, helping them meet compliance standards and manage enterprise application security risk.
Key facts about Coverity
- Founded Year: 2002
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $22M
- Employee Count: 10 - 49 as on Mar 01, 2026
- Investors: Benchmark, Harmony Venture Partners and 2 Others
- Latest Funding Round: Series A, Feb 01, 2008, $*****
- Highlight: Acquired
Ceres Venture Fund's Investments by Stage
Ceres Venture Fund has made 2 investments in Series A stage with an average round size of $3.12M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Ceres Venture Fund's Investments by Sector
Ceres Venture Fund has a diverse portfolio, with companies operating in the Auto Tech, Consumer, Enterprise Applications, HealthTech and High Tech. Notably, it has invested in 10 Enterprise (B2B) companies, 9 Software companies, 9 Tech companies and at least 3 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Auto Tech | 1 |
Consumer | 1 |
Enterprise Applications | 1 |
HealthTech | 1 |
High Tech | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Ceres Venture Fund's Investments by Geography
Ceres Venture Fund has made most investments in United States (3).Ceres Venture Fund's recent investments
Ceres Venture Fund has not made any investment in 2026 so far.Here are the most recent investments by Ceres Venture Fund:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 01, 2010 | United States | Series B | 8948 | ||
Jan 23, 2008 | United States | Series A | 6134 | [+2] | |
Dec 18, 2007 | United States | Series A | 3793 | [+1] |
IPOs and Publicly Listed companies in Ceres Venture Fund's Portfolio
1 of Ceres Venture Fund's portfolio company became public - SynCardia. It got listed on the New York Stock Exchange (NYSEMKT), in Aug 2025 at marketcap of $289MHere are Ceres Venture Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 29, 2025 | - | - | 3229 |
Acquired companies in Ceres Venture Fund's Portfolio
5 companies from Ceres Venture Fund's portfolio have been acquired. The most recent acquisition was Flexcavo in Jan 2023 by Trackunit for $*****.Here are Ceres Venture Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 17, 2023 | - | - | 9775 | |
Dec 07, 2020 | Jan 23, 2008 | Series A | 9114 | |
Feb 27, 2018 | - | - | 2121 | |
Oct 19, 2015 | - | - | 1088 | |
Feb 19, 2014 | - | - | 8222 |
Team profile of Ceres Venture Fund
Ceres Venture Fund has a team of 1 member located in United States. Ceres Venture Fund's team does not sit on the board of any company as of now.Co-investors of Ceres Venture Fund
Over the past 19 years, 8 investors have co-invested in Ceres Venture Fund's portfolio companies. This includes funds and angels.
- Invested before Ceres Venture Fund: Phenomenelle Angels Fund and LSGPA have invested in rounds before Ceres Venture Fund. There is 1 company where Phenomenelle Angels Fund has invested before Ceres Venture Fund and 1 company where LSGPA has invested before Ceres Venture Fund.
- Top Co-investors of Ceres Venture Fund: 5 investors entered a company along with Ceres Venture Fund. These include investors like NEW Capital Fund (1 company).
- Invested after Ceres Venture Fund: Military Health (1 company) is the only investor which has invested in Ceres Venture Fund's portfolio after their investments.