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About Comet Labs

Comet Labs is a venture capital firm founded in 2015. It is primarily based out of San Francisco, United States. As of Dec 2018, Comet Labs has invested in 44 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Auto Tech. Most recently it participated in the $***** Series A round of Preteckt Overall, Comet Labs portfolio has seen 1 unicorn, 1 IPO and 9 acquisitions including key companies like Pony.ai, Megvii and Kinara AI. A lot of funds co-invest with Comet Labs, with names like Cherry Ventures sharing a substantial percentage of its portfolio. Comet Labs has team of 5 people including 3 partners.
Key Metrics
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns

Comet Labs' List of Top Investments

Comet Labs has a portfolio of 44 companies, one of which is a Unicorn. Their most notable investments are in doc.ai and Esperanto Technologies.Their portfolio spans across United States, China and United Kingdom. They have invested in Enterprise Applications, High Tech, Auto Tech and 19 other sectors, across stages such as Seed, Series A  and 1 more. Here is the list of top investments by Comet Labs:
OpenSpace is the Visual Intelligence Platform for builders. When teams lack a clear picture of the reality of their jobsites, decisions slow and work gets behind schedule. OpenSpace changes that: seamlessly capture the site with smartphones, 360° cameras and drones and turn that reality into simpler workflows and real-time intelligence. With everyone working from the same clear insights, risk is reduced, decisions are smarter, and projects move faster. OpenSpace is an all in one platform that fits how you work today and integrates with project management platforms like Procore and Autodesk. Always visible, never in doubt." as it's more accurate. And for the brief description, please change it with "OpenSpace is the Visual Intelligence Platform for builders. Powered by Spatial AI, its image-first platform delivers real-time jobsite intelligence, streamlining coordination between field and office for better decisions, faster. " if it's too long, please keep "OpenSpace is the Visual Intelligence Platform for builders.

Key facts about OpenSpace

The company specializes in developing autonomous driving technology for robotaxis, robotrucks, and POVs. Its core focus is on creating advanced autonomous driving systems designed to provide tailored solutions across multiple industries. By leveraging cutting-edge autonomous mobility technology and services, the company aims to enhance transportation efficiency, safety, and accessibility in diverse use cases.

Key facts about Pony.ai

  • Founded Year: 2016
  • Location: Fremont (United States)
  • Stage: Public
  • Total Funding till date: $1.19B
  • Employee Count: 515 as on Sep 30, 2026
  • Investors: Toyota, DCM Ventures and 34 Others
  • Latest Funding Round: Post IPO, Dec 02, 2024, $*****
  • Highlight: Public
Provider of AI-powered robotic document digitization and intelligent data extraction platform. The company combines proprietary robotics with optical character recognition, natural language processing, and machine learning to scan physical records, ingest digital files, classify structured and unstructured documents, and extract searchable data at scale. Its cloud content platform lets organizations access, search, and integrate this data into systems of record, enabling automated workflows, compliance, and analytics for sectors such as financial services, manufacturing, real estate, and the public sector.

Key facts about Ripcord

Provider of voice and language technology, software, and hardware solutions. The company offers complete human-machine dialogue solutions for various applications. These include software products and intelligent hardware products like chips, modules, and complete devices. The company provides customizable dialogue system development platforms and language calculation models. It serves sectors such as intelligent travel, office, and internet of things.

Key facts about AISpeech

  • Founded Year: 2007
  • Location: Suzhou (China)
  • Stage: Series E
  • Total Funding till date: $208M
  • Employee Count: 160 as on Sep 30, 2026
  • Investors: Foxconn Electronics, DCM Ventures and 15 Others
  • Latest Funding Round: Series E, Jan 10, 2024, $*****
  • Highlight: Editors' Pick
Developer of AIoT solutions, including software, hardware, and platform systems. The company provides AIoT operating systems, redefined hardware, and industry applications. These offerings facilitate IoT connection, data processing, digital twin implementation, and application enablement. The firm’s products include AIoT servers, integrated machines, smart cameras, and analysis boxes. It also offers platforms for city and enterprise-level applications.

Key facts about Megvii

  • Founded Year: 2011
  • Location: Beijing (China)
  • Valuation: $*****
  • Stage: Series D
  • Total Funding till date: $1.98B
  • Employee Count: 413 as on Sep 30, 2026
  • Investors: ADIA, Goldman Sachs and 23 Others
  • Latest Funding Round: Series D, Apr 08, 2025, $*****
  • Highlight: Editors' Pick

Comet Labs' Investments by Stage

Comet Labs has made 12 investments in Seed stage with an average round size of $3.39M, 5 investments in Series A stage with an average round size of $5.9M and 1 investment in Series B stage with an average round size of $14M.
Here are Comet Labs' investments by stage:
Stage of entry
No. of Investments
Seed
12
Series A
5
Series B
1
Breakdown of Comet Labs' investments by stage of entrySeed (12)Series A (5)
Note: We have considered here, only first round of investments

Comet Labs' Investments by Sector

Comet Labs has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Vertical SaaS, Consumer and Transportation and Logistics Tech. Notably, it has invested in 42 Tech companies, 40 Enterprise (B2B) companies, 34 Software companies and at least 24 companies focusing on Tech hardware.
Here are Comet Labs' investments by sector:
Sector
No. of Investments
High Tech
13
Enterprise Applications
11
Vertical SaaS
6
Consumer
4
Transportation and Logistics Tech
4
Others
29
Breakdown of Comet Labs' investments by sectorsHigh Tech (13)Enterprise Applic... (11)
Note: We have considered here, only first round of investments

Comet Labs' Investments by Geography

Comet Labs has made most investments in United States (17), followed by United Kingdom where it has made 1 investment.
Here are Comet Labs' investments by geography:
Country
No. of Investments
United States
17
United Kingdom
1
Breakdown of Comet Labs' investments by countriesUnited States (17)United Kingdom (1)
Note: We have considered here, only first round of investments

Comet Labs' recent investments

Comet Labs has not made any investment in 2026 so far.
Here are the most recent investments by Comet Labs:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Dec 26, 2018
United States
Series A
6162
Apr 30, 2018
United States
Seed
5447
Apr 24, 2018
United States
Seed
4646
-
Apr 24, 2018
United States
Seed
6797
Apr 24, 2018
United States
Seed
2860

Unicorns in Comet Labs' Portfolio

Comet Labs has 1 unicorn in its portfolio - Megvii. The most recent unicorn in their portfolio is Megvii which became a unicorn in 2019, 7 years before Comet Labs first invested in it.
Here is a list of unicorns in Comet Labs' portfolio:
Tracxn Score
Company
Short Description
Founded year
Sector
Location
Company Stage
First Investment/ Acquisition Details
64
Developer of AIoT solutions, including software, hardware, and platform systems
2011
Beijing
Series D
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IPOs and Publicly Listed companies in Comet Labs' Portfolio

1 of Comet Labs' portfolio company became public -  Pony.ai. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Nov 2024 at marketcap of $3.48B
Here are Comet Labs' portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Nov 27, 2024
-
-
7009

Acquired companies in Comet Labs' Portfolio

9 companies from Comet Labs' portfolio have been acquired. The most recent acquisition was Kinara AI in Feb 2025 by NXP Semiconductors for $*****.
Here are Comet Labs' portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Feb 11, 2025
-
-
7610
Feb 10, 2025
Dec 26, 2018
Series A
5410
Dec 07, 2021
-
-
8607
Oct 26, 2021
-
-
9465
Jan 28, 2021
2016
Seed
4034

Team profile of Comet Labs

Comet Labs has a team of 5 members including 3 Partners and 1 Principal located in China, United States and 1 more location. Comet Labs' team does not sit on the board of any company as of now.
Here is a list of all team members in Comet Labs:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Cabanatuan City
-
Partner
Beijing
-
Partner
China
-
Principal
San Francisco
-

Co-investors of Comet Labs

Over the past 10 years, 88 investors have co-invested in Comet Labs's portfolio companies. This includes funds and angels.

Recent News related to Comet Labs

•
Wibotic reels in $2.5 mln seedPE Hub•Apr 26, 2017•WiBotic, Tsing Capital, Comet Labs, The W Fund and 2 others
•
Baidu Ventures Hires Liu Wei as CEOFinSMEs•Mar 01, 2017•Comet Labs
View all news related to Comet Labs

FAQs about Comet Labs

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