About Contrary
Contrary is a venture capital firm founded in 2016. It is primarily based out of San Francisco, United States. As of Apr 2026, Contrary is an active investor, having invested in 59 companies, with 6 new investments in the last 12 months. 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 Consumer. Most recently it participated in the $***** Series B round of Shade Overall, Contrary portfolio has seen 7 unicorns, 2 IPOs and 7 acquisitions including key companies like DoorDash, Rubrik and Zepto. A lot of funds co-invest with Contrary, with names like BoxGroup sharing a substantial percentage of its portfolio. Contrary has team of 81 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Acquisitions
Portfolio Soonicorns
Contrary's List of Top Investments
Contrary has a portfolio of 59 companies, including 7 unicorns. Their most notable investments are in Bloom and Brevity.Their portfolio spans across United States, Canada and India. They have invested in Enterprise Applications, High Tech, Consumer and 25 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Contrary:1. DoorDash
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $13.7B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,104 as on Apr 30, 2026
- Investors: Fidelity Investments, Owl Rock and 53 Others
- Latest Funding Round: Series H, Jun 18, 2020, $*****
- Highlight: Public
2. Ramp
Provider of a platform for spend management, corporate cards, and payables. The platform offers features such as expense management, accounts payable processing, and travel management. It also provides procurement and accounting automation capabilities. The platform aims to streamline financial operations and improve efficiency for finance teams.
Key facts about Ramp
- Founded Year: 2019
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $2.44B
- Employee Count: 2,273 as on Apr 30, 2026
- Investors: equitywestsecurities.com, GIC and 62 Others
- Latest Funding Round: Series E, Nov 17, 2025, $*****
- Highlight: Editors' Pick
3. Rubrik
Provider of cyber resilience platform for data and identity security. The platform offers data protection through immutable backups, threat analytics for cyber threat detection, and identity security for multi-IdP environments. It provides cyber recovery solutions to restore operations, along with features like anomaly detection and threat monitoring. The platform supports cloud, on-premises, and SaaS environments.
Key facts about Rubrik
- Founded Year: 2014
- Location: Palo Alto (United States)
- Annual Revenue: $1.32B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $553M
- Employee Count: 5,060 as on Apr 30, 2026
- Investors: Kaplan Group Investments, ADS Ventures and 50 Others
- Latest Funding Round: Series F, Aug 17, 2021, $*****
- Highlight: Public
4. Zepto
Online retailer of groceries fresh produce and various household items. This business facilitates the purchase and delivery of food products, beverages, personal care goods, and cleaning supplies. Customers select items through a digital interface for fulfillment. The inventory includes pantry staples, dairy products, snacks, and essential home maintenance supplies.
Key facts about Zepto
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹4,500Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $2.3B
- Employee Count: 40,578 as on Mar 31, 2026
- Investors: DST Global, Glade Brook Capital and 144 Others
- Latest Funding Round: Series H, Oct 16, 2025, $*****
- Highlight: Editors' Pick
5. Replit
Provider of a platform for developing and deploying applications with AI. The platform offers tools for automating workflows and creating agents. It provides design controls for application customization and full-stack infrastructure with built-in services. The platform also includes enterprise-grade security features and controls.
Key facts about Replit
- Founded Year: 2016
- Location: Foster City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $922M
- Employee Count: 484 as on Apr 30, 2026
- Investors: Qatar Investment Authority, G Squared and 43 Others
- Latest Funding Round: Series D, Mar 11, 2026, $*****
- Highlight: Editors' Pick
Contrary's Year-on-Year Investment Trends
Contrary has invested in 59 companies over the last 7 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 7 investments, while as of Apr 2026, it has made 2 investments in this year. Its most recent first time investment was in Shade and most recent follow-on round was in Ramp.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 7 | 0 | 7 |
2024 | 1 | 1 | 2 |
2023 | 4 | 0 | 4 |
2022 | 12 | 1 | 13 |
2021 | 7 | 1 | 8 |
2020 | 3 | 0 | 3 |
2019 | 1 | 0 | 1 |
Contrary's Investments by Stage
Contrary has made 17 investments in Seed stage with an average round size of $3.07M, 10 investments in Series A stage with an average round size of $32.1M, 8 investments in Series B stage with an average round size of $50.9M, 1 investment in Series C stage with an average round size of $100M and 1 investment in Series H stage with an average round size of $300M.Stage of entry | No. of Investments |
|---|---|
Seed | 17 |
Series A | 10 |
Series B | 8 |
Series C | 1 |
Series H | 1 |
Note: We have considered here, only first round of investments
Contrary's Investments by Sector
Contrary has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Vertical SaaS and Retail. Notably, it has invested in 57 Tech companies, 41 Enterprise (B2B) companies, 37 Software companies and at least 27 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 19 |
Consumer | 11 |
FinTech | 11 |
Vertical SaaS | 7 |
Retail | 4 |
Others | 38 |
Note: We have considered here, only first round of investments
Contrary's Investments by Geography
Contrary has made most investments in United States (33), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 33 |
Canada | 2 |
India | 2 |
Note: We have considered here, only first round of investments
Contrary's recent investments
Contrary has made 2 investments in 2026 so far - Shade and Doss.Here are the most recent investments by Contrary:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 23, 2026 | United States | Series B | 5283 | [+4] | |
Mar 24, 2026 | United States | Series B | 6009 | [+9] | |
Oct 16, 2025 | India | Series H | 4332 | [+11] | |
Oct 02, 2025 | United States | Series A | 3400 | ||
Sep 03, 2025 | United States | Series A | 5168 | [+7] |
Unicorns in Contrary's Portfolio
Contrary has 7 unicorns in its portfolio - Corgi, Zepto, Replit and others. The most recent unicorn in their portfolio is Corgi. It became a unicorn in 2026.Here is a list of unicorns in Contrary's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Platform offering insurance solutions for B2B SaaS companies | 2024 | San Francisco | Series B | dppgalw | ||
78 | Online retailer of groceries fresh produce and various household items | 2021 | Bengaluru | Series H | vrtchrf | ||
76 | Provider of a platform for developing and deploying applications with AI | 2016 | Foster City | Series D | unxvpoe | ||
72 | Provider of compensation management software for businesses of all sizes | 2012 | San Francisco | Series C | iigdkgr | ||
56 | Provider of user authentication solution for modern applications | 2020 | San Francisco | Series B | pn{ntze |
IPOs and Publicly Listed companies in Contrary's Portfolio
2 of Contrary's portfolio companies have become public. Rubrik got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2024 at marketcap of $5.63B and DoorDash got listed on the New York Stock Exchange (NYSE) at marketcap of $32.4B.Here are Contrary's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 25, 2024 | - | - | 7415 | |
Dec 09, 2020 | - | - | 8148 |
Acquired companies in Contrary's Portfolio
7 companies from Contrary's portfolio have been acquired. The most recent acquisition was Momentum in Aug 2025 by Virtuous for $*****.Here are Contrary's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 14, 2025 | - | - | 5243 | |
Dec 20, 2024 | - | - | 7094 | |
Feb 20, 2024 | - | - | 1343 | |
Jan 04, 2024 | - | - | 1320 | |
Aug 02, 2023 | Nov 12, 2020 | Seed | 6834 |
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Team profile of Contrary
Contrary has a team of 81 members including 1 Partner, 39 Venture Partners and 3 Principals located in United States, Canada and 1 more location. Contrary's team does not sit on the board of any company as of now.Here is a list of top team members in Contrary:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Venture Partner | Wellesley | - | ||
Venture Partner | - | - | ||
Venture Partner | New York City | - | - | |
Venture Partner | United States | - | ||
Venture Partner | - | - | ||
Venture Partner | New York City | - | ||
Venture Partner | United States | - | - | |
Venture Partner | United States | - | ||
Venture Partner | United States | - |
Co-investors of Contrary
Over the past 7 years, 419 investors have co-invested in Contrary's portfolio companies. This includes funds and angels.
- Invested before Contrary: Y Combinator, General Catalyst and 144 others have invested in rounds before Contrary. There are 6 companies where Y Combinator has invested before Contrary and 3 companies where General Catalyst has invested before Contrary.
- Top Co-investors of Contrary: 182 investors entered a company along with Contrary. These include investors like BoxGroup (3 companies).
- Invested after Contrary: A total of 91 investors have invested in Contrary's portfolio after their investments. Top Investors include General Catalyst (2 companies), Goodwater Capital (2 companies) and Dash Fund (2 companies).
Recent News related to Contrary
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Doss Raises $55M to Expand AI-Powered Operations PlatformSiliconAngle•Mar 24, 2026•Premji Invest, Doss, Madrona, Intuit and 6 others
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Corgi Raises $108M in FundingFinSMEs•Jan 09, 2026•Corgi, Glade Brook Capital, Contrary, Alumni Ventures and 9 others
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AI startup DualEntry secures $90M funding to revolutionize legacy ERP softwareSiliconAngle•Oct 03, 2025•Google, DualEntry, Lightspeed Venture Partners, Khosla Ventures and 12 others
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OnFinance AI secured USD 4.2 Million in Pre-Series A funding Round led by Peak XV’s SurgeEnablers•Sep 22, 2025•OnFinance AI, Peak XV Partners, Indian Angel Network, Climber Capital and 4 others
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Orchard Robotics Secures $22M in Series A Funding for AI FarmingTMC•Sep 04, 2025•Orchard Robotics, Quiet Capital, Shine Capital, Ravelin and 6 others
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Moment Secures $36 Million to Automate Fixed Income for Financial InstitutionsGlobal Fintech Series•Jul 09, 2025•Moment, Index Ventures, Andreessen Horowitz, Lightspeed Venture Partners and 3 others
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Voltra Raises $1.8M in Pre-Seed FundingFinSMEs•May 15, 2025•Voltra, Contrary, Hanover Capital Partners, Velocity
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Quick Commerce Startup Zepto Turns Most Funded Indian Company in 3 YrsStartup Pedia•Nov 23, 2024•Motilal Oswal Financial Services, Mankind Pharma, RP-Sanjiv Goenka Group, Haldiram and 16 others
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Leland lands $12 million to grow its coaching platformTechCrunch+•Nov 13, 2024•Leland, Forerunner Ventures, GSV Ventures, GSBackers and 3 others
