About Cthulhu Ventures
Cthulhu Ventures is a venture capital firm founded in 2008. It is primarily based out of Sausalito, United States. As of Oct 2024, Cthulhu Ventures has invested in 31 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 Life Sciences. Most recently it participated in the $***** Seed round of HEN Overall, Cthulhu Ventures portfolio has seen 1 IPO and 5 acquisitions including key companies like Life360, OpenGov and Credible Labs. A lot of funds co-invest with Cthulhu Ventures, with names like Cap-Meridian Ventures sharing a substantial percentage of its portfolio. Cthulhu Ventures has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 1 more
Portfolio IPOs
Portfolio Soonicorns
Cthulhu Ventures' List of Top Investments
Cthulhu Ventures has a portfolio of 31 companies. Their most notable investmentis in OjjoTheir portfolio spans across United States, Australia, Canada and 1 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 26 other sectors, across stages such as Seed, Series B and 1 more. Here is the list of top investments by Cthulhu Ventures:1. Life360
Mobile app connecting family members and close friends. It enables users to view the location of their family members on a map, communicate with them, and receive alerts. Users can organise their friends by creating circles. The application offers real-time GPS tracking and driving info of the family members. It also provides a paid premium version with additional features. The app is available for Android and iOS.
Key facts about Life360
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $89.7M
- Employee Count: 856 as on Jul 31, 2026
- Investors: Accel, Maven Ventures and 47 Others
- Latest Funding Round: Post IPO, Jun 05, 2025, $*****
- Highlight: Public
2. OpenGov
Provider of software for government financial data visualization. OpenGov offers cloud-based software that visualizes municipal financial data, allowing governments to access, analyze, and share that data with the public. Its software platform allows government officials and average citizens to access government financial data.
Key facts about OpenGov
- Founded Year: 2012
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $182M
- Employee Count: 1,023 as on Jul 31, 2026
- Investors: Western Technology Investment, Glynn Capital and 38 Others
- Latest Funding Round: Series E, 2021, $*****
- Highlight: Acquired
Credible is an alternate lending platform that helps students fund their education and graduates to refinance their student loan debt. The platform offers loans to students without a co-signer, unless one is an international student. The principal amount lent begins with $1,000 and can rise to the certified total cost of attendance that is determined by the school. The loans are made by the platform's lending partners, and there are several repayment options available. The maximum term of repayment deferral is after six months of graduation.
Key facts about Credible Labs
- Founded Year: 2014
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $22M
- Employee Count: 224 as on Jul 31, 2026
- Investors: Runway, Regal Funds Management and 18 Others
- Latest Funding Round: Series B, Jan 04, 2017, $*****
- Highlight: Acquired
4. HEN
Manufacturer of firefighting nozzles, shutoff valves, and related fire suppression equipment. The company provides products for structural, wildland, foam, and hydraulic ventilation applications. Products include combination smoothbore nozzles, full-ball shutoff valves, and hoseline back pressure increasers. The company also offers master stream systems and real-time GPM measurement tools.
Key facts about HEN
- Founded Year: 2020
- Location: Hayward (United States)
- Stage: Series A
- Total Funding till date: $28.5M
- Employee Count: 96 as on Jul 31, 2026
- Investors: SVB, Z21 Ventures and 9 Others
- Latest Funding Round: Series A, Dec 17, 2025, $*****
5. MycoWorks
Manufacturer of bio-based materials from mycelium. It develops and produces sustainable alternatives to leather and other materials using mycelium, a root structure of fungi. The company offers a material called Reishi™, used in various applications, including furniture and automotive interiors. Its technology platform enables the creation of premium, non-animal materials. The company also collaborates with designers and manufacturers to integrate its materials into new products.
Key facts about MycoWorks
- Founded Year: 2013
- Location: Emeryville (United States)
- Stage: Series C
- Total Funding till date: $225M
- Employee Count: 129 as on Jul 31, 2026
- Investors: DCVC, Future Shape and 22 Others
- Latest Funding Round: Series C, Jun 16, 2023, $*****
- Highlight: Editors' Pick
Cthulhu Ventures' Year-on-Year Investment Trends
Cthulhu Ventures has invested in 31 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in HEN and most recent follow-on round was in Ambient Photonics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 1 | 1 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
2020 | 2 | 0 | 2 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
Cthulhu Ventures' Investments by Stage
Cthulhu Ventures has made 3 investments in Seed stage with an average round size of $4.25M, 3 investments in Series B stage with an average round size of $17.8M and 2 investments in Series A stage with an average round size of $24M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series B | 3 |
Series A | 2 |
Note: We have considered here, only first round of investments
Cthulhu Ventures' Investments by Sector
Cthulhu Ventures has a diverse portfolio, with companies operating in the High Tech, Environment Tech, Sustainability Tech, Energy Tech and Internet of Things - Industry Applications. Notably, it has invested in 19 Enterprise (B2B) companies, 19 Tech companies, 8 Software companies and at least 6 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 4 |
Environment Tech | 3 |
Sustainability Tech | 3 |
Energy Tech | 2 |
Internet of Things - Industry Applications | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Cthulhu Ventures' Investments by Geography
Cthulhu Ventures has made most investments in United States (8).Cthulhu Ventures' recent investments
Cthulhu Ventures has not made any investment in 2026 so far.Here are the most recent investments by Cthulhu Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 17, 2024 | United States | Seed | 6253 | [+4] | |
Sep 05, 2023 | United States | Series A | 1590 | ||
May 10, 2022 | United States | Series A | 3290 | ||
Aug 03, 2021 | United States | Series B | 9097 | [+10] | |
Aug 25, 2020 | United States | Series B | 1081 | - |
IPOs and Publicly Listed companies in Cthulhu Ventures' Portfolio
1 of Cthulhu Ventures' portfolio company became public - Life360. It got listed on the Australian Securities Exchange (ASX), in May 2019 at marketcap of $71.9MHere are Cthulhu Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 10, 2019 | - | - | 6604 |
Acquired companies in Cthulhu Ventures' Portfolio
5 companies from Cthulhu Ventures' portfolio have been acquired. The most recent acquisition was Ojjo in Jun 2024 by Nextracker for $*****.Here are Cthulhu Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 20, 2024 | Aug 25, 2020 | Series B | 1692 | |
Feb 27, 2024 | - | - | 4099 | |
Aug 05, 2019 | Feb 28, 2014 | Seed | 9053 | |
Jun 01, 2019 | - | - | 1003 | |
Apr 13, 2017 | - | - | 6994 |
Team profile of Cthulhu Ventures
Cthulhu Ventures has a team of 4 members including 3 Partners located in United States. Cthulhu Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Cthulhu Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Sausalito | - | - | |
Partner | - | - |
Co-investors of Cthulhu Ventures
Over the past 12 years, 85 investors have co-invested in Cthulhu Ventures's portfolio companies. This includes funds and angels.
- Invested before Cthulhu Ventures: America’s Seed Fund, IndieBio and 5 others have invested in rounds before Cthulhu Ventures. There is 1 company where America’s Seed Fund has invested before Cthulhu Ventures and 1 company where IndieBio has invested before Cthulhu Ventures.
- Top Co-investors of Cthulhu Ventures: 40 investors entered a company along with Cthulhu Ventures. These include investors like Cap-Meridian Ventures (1 company).
- Invested after Cthulhu Ventures: A total of 38 investors have invested in Cthulhu Ventures's portfolio after their investments. Top Investors include SVB (2 companies), Redbus Group (1 company) and Soul Htite (1 company).
Recent News related to Cthulhu Ventures
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HEN Nozzles: $8 Million (Seed) Raised To Transform Fire Suppression TechnologyPulse 2.0•Nov 03, 2024•O’Neil Capital Management, Cthulhu Ventures, Z21 Ventures, TiE Angels and 4 others
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HEN Nozzles Secures $8 Million in Seed Funding to Revolutionize Fire Suppression TechnologySilicon Valley Journals•Oct 17, 2024•National Science Foundation, O’Neil Capital Management, Cthulhu Ventures, Z21 Ventures and 5 others
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Ambient Photonics’ $30 Million Series A2 Funding RoundGlobal Legal Chronicle•Sep 12, 2023•Ambient Photonics, Fine Structure Ventures, Fidelity Investments, Helios Climate Ventures and 5 others
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Ambient Photonics Closes $17.5M in Equipment Financing to Support Opening of U.S.-based Manufacturing FacilityBusiness Wire•Sep 07, 2022•Future Shape, Cthulhu Ventures, Ecosystem Integrity Fund, Ambient Photonics and 4 others
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Plant Prefab Announces $30 Million Financing and the Opening of a Second FactoryThe Real Deal•Aug 03, 2021•Plant Prefab, Asahi Kasei, , Alexa Fund and 11 others
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MycoWorks Raises $17M in Series A FundingFinSMEs•Feb 25, 2020•MycoWorks, DCVC, Novo Holdings, 8VC and 5 others
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Energy Sharing Service, OhmConnect, Announces New Series B to Bring Total Funding to $15MPR Newswire•Apr 17, 2018•OhmConnect, Floodgate, Aspect Ventures, City Light Capital and 4 others
