About Cervin
Cervin is a venture capital firm founded in 2011. It is primarily based out of Palo Alto, United States. As of Aug 2025, Cervin has invested in 68 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 Enterprise Infrastructure. Most recently it participated in the $***** Series B round of Tote Overall, Cervin portfolio has seen 7 unicorns, 2 IPOs and 27 acquisitions including key companies like Punchh, Akamai and Nutanix. A lot of funds co-invest with Cervin, with names like Menlo Ventures sharing a substantial percentage of its portfolio. Cervin has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio Unicorns
Cervin's List of Top Investments
Cervin has a portfolio of 68 companies, including 7 unicorns. Their most notable investments are in Punchh and Punchh.Their portfolio spans across United States, Israel, India and 4 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 12 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Cervin:1. Punchh
Unified platform for restaurant engagement, marketing, ordering, loyalty, and guest data. They provide a comprehensive suite of solutions designed to redefine restaurant success through enhanced guest engagement. Their platform connects marketing, ordering, loyalty programs, and guest data into a unified system, enabling restaurants to grow faster and smarter. They offer tools for marketing campaigns, seamless ordering experiences, guest data insights, personalized loyalty programs, and digital experiences. Their open APIs and services provide flexibility and support for restaurants to build ideal guest experiences. They empower brands to optimize customer experience and drive lasting relationships across all touchpoints. This is a B2B SaaS platform.
Key facts about Punchh
- Founded Year: 2010
- Location: Sunnyvale (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $73.1M
- Employee Count: 238 as on Aug 31, 2026
- Investors: Adams Street Partners, Schechter and 9 Others
- Latest Funding Round: Series C, Nov 14, 2019, $*****
- Highlight: Acquired
2. Akamai
Provider of cloud computing, security, and content delivery network services. The company delivers applications and experiences closer to customers. It offers cloud computing services, including artificial intelligence, compute, databases, storage, and networking. Cybersecurity offerings include application and API security, bot and abuse protection, infrastructure security, and secure internet access.
Key facts about Akamai
- Founded Year: 1998
- Location: Cambridge (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $61.5M
- Employee Count: 10,669 as on Aug 31, 2026
- Investors: Apple, Triodos Investment Management and 9 Others
- Latest Funding Round: Post IPO, Aug 16, 2023, $*****
- Highlight: Public
3. Nutanix
AI powered cloud management software for enterprises. It provides visibility into private and public cloud spending. The platform generates cloud consumption reports that allow users to allocate untagged spending and set budget alerts. Features include disaster recovery, file storage, network security, and more.
Key facts about Nutanix
- Founded Year: 2009
- Location: San Jose (United States)
- Annual Revenue: $1B+ as on Jul 31, 2025
- Stage: Public
- Total Funding till date: $317M
- Employee Count: 10,034 as on Aug 31, 2026
- Investors: SeedFord Partners, Oceanic Partners and 32 Others
- Latest Funding Round: Post IPO, Aug 27, 2020, $*****
- Highlight: Public
Provider of APIs to automate and manage money movement and ledgering. The platform offers tools for payment automation across various payment rails. It provides real-time transaction tracking and balance monitoring across accounts. The system aims to reduce engineering workload through pre-built bank integrations.
Key facts about Modern Treasury
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $183M
- Employee Count: 123 as on Aug 31, 2026
- Investors: Salesforce Ventures, Spark Capital and 16 Others
- Latest Funding Round: Series C, Mar 30, 2022, $*****
- Highlight: Editors' Pick
5. Gong
Platform offering revenue intelligence solutions. It is a call monitoring and analytics software for inside sales teams. It offers a performance tracking platform for call center employees. It is a portal where calls, web meetings, and emails can be seen at glance and provide a timeline view for the user. It also offers marketing intelligence that helps businesses to come up with relevant marketing strategies.
Key facts about Gong
- Founded Year: 2016
- Location: Israel
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $584M
- Employee Count: 2,171 as on Sep 30, 2026
- Investors: Salesforce Ventures, Robyn Capital and 19 Others
- Latest Funding Round: Series E, May 28, 2021, $*****
- Highlight: Editors' Pick
Cervin's Year-on-Year Investment Trends
Cervin has invested in 68 companies over the last 15 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 4 investments. Its most recent first time investment was in Tote and most recent follow-on round was in Conveyor.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 1 | 4 |
2024 | 0 | 2 | 2 |
2023 | 4 | 1 | 5 |
2022 | 8 | 2 | 10 |
2021 | 2 | 2 | 4 |
2020 | 3 | 1 | 4 |
2019 | 1 | 2 | 3 |
2018 | 3 | 3 | 6 |
2017 | 2 | 1 | 3 |
Cervin's Investments by Stage
Cervin has made 18 investments in Series A stage with an average round size of $11.7M, 12 investments in Seed stage with an average round size of $3.5M, 6 investments in Series B stage with an average round size of $23.6M and 1 investment in Conventional Debt stage with an average round size of $400M.Stage of entry | No. of Investments |
|---|---|
Series A | 18 |
Seed | 12 |
Series B | 6 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Cervin's Investments by Sector
Cervin has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Artificial Intelligence - Industry Applications, Vertical SaaS and High Tech. Notably, it has invested in 67 Tech companies, 66 Enterprise (B2B) companies, 61 Software companies and at least 45 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 34 |
Enterprise Infrastructure | 12 |
Artificial Intelligence - Industry Applications | 6 |
Vertical SaaS | 6 |
High Tech | 5 |
Others | 19 |
Note: We have considered here, only first round of investments
Cervin's Investments by Geography
Cervin has made most investments in United States (34), followed by Germany where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 34 |
Germany | 1 |
India | 1 |
Mexico | 1 |
Note: We have considered here, only first round of investments
Cervin's recent investments
Cervin has not made any investment in 2026 so far.Here are the most recent investments by Cervin:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 18, 2025 | Germany | Series B | 5681 | [+1] | |
Jun 30, 2025 | United States | Series A | 3496 | [+5] | |
May 23, 2025 | United States | Seed | 7207 | [+1] | |
May 08, 2025 | United States | Series B | 6543 | [+1] | |
May 22, 2024 | United States | Series B | 5583 | [+5] |
Unicorns in Cervin's Portfolio
Cervin has 7 unicorns in its portfolio - SnapLogic, Modern Treasury, Aviatrix and others. The most recent unicorn in their portfolio is SnapLogic. It became a unicorn in 2021, 4 years before Cervin first invested in it.Here is a list of unicorns in Cervin's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | AI based platform offering ipaas solution | 2006 | San Mateo | Series G | hksdlxa | ||
75 | Provider of APIs to automate and manage money movement and ledgering | 2018 | San Francisco | Series C | hbgjzrf | ||
59 | Provider of cloud network security and multicloud networking platform solutions | 2013 | Santa Clara | Series E | qikvpur | ||
74 | Provider of platform for feature flags, experimentation, and AI configuration | 2014 | Oakland | Series D | pwchrgg | ||
51 | Provider of a suite of video infrastructure solutions | 2015 | San Francisco | Series D | ua{jspd |
IPOs and Publicly Listed companies in Cervin's Portfolio
2 of Cervin's portfolio companies have become public. Nutanix got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2016 at marketcap of $238M and Akamai got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $2.38B.Here are Cervin's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 30, 2016 | - | - | 2804 | |
Oct 29, 1999 | - | - | 9821 |
Acquired companies in Cervin's Portfolio
27 companies from Cervin's portfolio have been acquired. The most recent acquisition was Akridata in May 2026 by Dimaag for $*****.Here are Cervin's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 28, 2026 | Jul 01, 2018 | Seed | 7097 | |
Sep 21, 2025 | - | - | 5699 | |
Jun 09, 2025 | Apr 11, 2013 | Seed | 5051 | |
Aug 01, 2024 | 2016 | Seed | 3927 | |
Apr 11, 2024 | Apr 05, 2022 | Series A | 5000 |
Team profile of Cervin
Cervin has a team of 4 members including 2 Partners. Cervin's team sits on the board of 1 company.Co-investors of Cervin
Over the past 15 years, 282 investors have co-invested in Cervin's portfolio companies. This includes funds and angels.
- Invested before Cervin: Cervin Ventures, Alchemist Accelerator and 76 others have invested in rounds before Cervin. There are 5 companies where Cervin Ventures has invested before Cervin and 3 companies where Alchemist Accelerator has invested before Cervin.
- Top Co-investors of Cervin: 109 investors entered a company along with Cervin. These include investors like Menlo Ventures (3 companies).
- Invested after Cervin: A total of 95 investors have invested in Cervin's portfolio after their investments. Top Investors include Sapphire Ventures (3 companies), Cervin Ventures (3 companies) and Insight Partners (2 companies).
Recent News related to Cervin
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Startup Woz raises $6M to build an ‘AI app factory’ that combines agentic and human expertiseSiliconAngle•Oct 15, 2025•WithWoz, Cervin, Untapped Ventures, Y Combinator and 4 others
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Sequifi Raises $6.7 Million to Power Real-Time Pay & Workforce Retention for the Home Services IndustryHrtechfeed•Aug 26, 2025•Sequifi, Frazier VC, Cervin, Tokyo Black and 1 other
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Tote.ai Raises $22.6M in FundingFinSMEs•Aug 18, 2025•Tote, Cervin, Storm Ventures, Cota Capital and 5 others
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Callidus Legal AI Secures $10M Funding to Build AI Operating System for Litigatorsintelligence360•Aug 04, 2025•Cervin, StrongSuit
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Callidus Legal AI Secures $10M in Funding to Build AI Operating System for LitigatorsPR Underground•Jul 15, 2025•Cervin, AI Fund, Active Capital, Capital Factory and 2 others
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Stream.Security raises $30 million Series B for cloud detection and response platformCTech•Oct 22, 2024•Stream, USVP, Citi, Energy Impact Partners and 3 others
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Bolster: Multi-Channel Phishing Protection Company Raises $14 MillionPulse 2.0•Jun 02, 2024•M12, Thomvest Ventures, Crosslink Capital, Liberty Global and 6 others
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Bolster, creator of the CheckPhish phishing tracker, raises $14M led by Microsoft's M12Yahoo•May 22, 2024•Bolster, M12, Thomvest Ventures, Crosslink Capital and 4 others
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Multi-Data Platform SIEM Anvilogic Raises $45 MillionSecurityWeek•Apr 18, 2024•Anvilogic, Evolution Equity Partners, Cervin, Myriad Venture Partners and 6 others
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Peerlogic Raises $5.65 Million in Funding to Fuel Expansion of AI-Driven Dental Practice TechnologyAiThority•Jan 11, 2024•Peerlogic, In Revenue Capital, Cervin, Singularity Capital and 2 others
