About DeVC
DeVC is a venture capital firm founded in 2022. It is primarily based out of Bengaluru, India. As of Oct 2026, DeVC is an active investor, having invested in 87 companies, with 16 new investments in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and Consumer. Most recently it participated in the $***** Seed round of QwikBuild A lot of funds co-invest with DeVC, with names like Angel List sharing a substantial percentage of its portfolio. DeVC has team of 7 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Deals in last 12 months
DeVC's List of Top Investments
DeVC has a portfolio of 87 companies. Their most notable investments are in Highperformr and Trimpixel.Their portfolio spans across India, United States, Singapore and 1 more locations. They have invested in Enterprise Applications, Retail, Consumer and 29 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by DeVC:
AI agents for healthcare administrative task automation and support. It offers voice AI agents that manage inbound and outbound calls and update EHR and PMS systems. The AI agents are designed to handle appointment management, payment collections, and pre- and post-operative engagement. It addresses care gaps, transitions between care, and screening processes.
Key facts about Confido Health
- Founded Year: 2022
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $35.7M
- Employee Count: 68 as on Sep 30, 2026
- Investors: Z47, First Cheque and 12 Others
- Latest Funding Round: Series A, Oct 15, 2026, $*****
- Highlight: Editors' Pick
2. Kreo
Internet first brand offering audio accessories, gaming products, and other equipments. The platform offers different gaming products designed to support the gaming experience with features and customizable options. Its product catalog includes wireless gaming keyboard, wireless gaming mouse, wired gaming mouse, microphone, streaming webcam, mic, headphones, and more.
Key facts about Kreo
- Founded Year: 2022
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $2.57M
- Employee Count: 22 as on Jan 31, 2025
- Investors: Sauce, Chona Family Office and 23 Others
- Latest Funding Round: Conventional Debt, Feb 17, 2026, $*****
- Highlight: Editors' Pick
3. RapidClaims
Provider of AI-powered platform for revenue cycle management and intelligence. The platform offers tools for medical coding, denial prevention, and revenue recovery. It transforms data into actionable insights for financial performance and value-based care. The platform also provides features for documentation enhancement and payer performance optimization.
Key facts about RapidClaims
- Founded Year: 2023
- Location: Manhattan (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $11.1M
- Employee Count: 114 as on Sep 30, 2026
- Investors: peercheque, Indian Silicon Valley Capital and 13 Others
- Latest Funding Round: Series A, Apr 02, 2025, $*****
- Highlight: Editors' Pick
4. Smallest.ai
Developer of speech-to-text, text-to-speech, and voice agent artificial intelligence models. The company provides low latency, high accuracy models to power voice and multi-modal artificial intelligence applications. The platform supports on-prem and private cloud deployments. It offers models for conversational artificial intelligence, voice cloning, and real time voice agents.
Key facts about Smallest.ai
- Founded Year: 2023
- Location: San Francisco (United States)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $21.4M
- Employee Count: 23 as on Aug 31, 2025
- Investors: 3one4 Capital, Sierra Ventures and 27 Others
- Latest Funding Round: Series A, Jul 30, 2026, $*****
- Highlight: Editors' Pick
5. Ambak
Home loan and loan against property comparison service provider. It facilitate the comparison of various loan options. The company offers tools for calculating loan eligibility and monthly installments. It also provide document verification and profile reviews. Agents can track earnings, receive precise payouts, and secure faster loan approvals for their customers, helping them increase income and build stronger client relationships. It partners with real estate developers, providing faster loan approvals through our extensive lender network, which boosts sales and improves customer experience. It continues to reshape the home loan landscape, enhancing the experience for agents, developers, and homebuyers alike.
Key facts about Ambak
- Founded Year: 2023
- Location: Gurugram (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $18.1M
- Employee Count: 529 as on May 31, 2026
- Investors: Peak XV Partners, Z47 and 19 Others
- Latest Funding Round: Series A, Nov 24, 2025, $*****
- Highlight: Editors' Pick
DeVC's Year-on-Year Investment Trends
DeVC has invested in 87 companies over the last 4 years, with an average of 22 new investments annually in the last 3 years. In 2025, it made 31 investments, while as of Oct 2026, it has made 14 investments in this year. Its most recent first time investment was in QwikBuild and most recent follow-on round was in Pinegap.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 13 | 1 | 14 |
2025 | 22 | 9 | 31 |
2024 | 28 | 2 | 30 |
2023 | 14 | 1 | 15 |
2022 | 1 | 0 | 1 |
DeVC's Investments by Stage
DeVC has made 73 investments in Seed stage with an average round size of $1.74M and 5 investments in Series A stage with an average round size of $5.72M.Stage of entry | No. of Investments |
|---|---|
Seed | 73 |
Series A | 5 |
Note: We have considered here, only first round of investments
DeVC's Investments by Sector
DeVC has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Retail and FinTech. Notably, it has invested in 77 Tech companies, 61 Enterprise (B2B) companies, 53 Software companies and at least 29 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 39 |
Consumer | 15 |
High Tech | 14 |
Retail | 13 |
FinTech | 10 |
Others | 92 |
Note: We have considered here, only first round of investments
DeVC's Investments by Geography
DeVC has made most investments in India (58), followed by United States where it has made 18 investments.Country | No. of Investments |
|---|---|
India | 58 |
United States | 18 |
Singapore | 3 |
Colombia | 1 |
Note: We have considered here, only first round of investments
DeVC's recent investments
DeVC has made 14 investments in 2026 so far. QwikBuild and Sol Foundry are the latest among them.Here are the most recent investments by DeVC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 28, 2026 | India | Seed | 8909 | [+4] | |
Sep 22, 2026 | United States | Series A | 9608 | [+3] | |
Aug 20, 2026 | United States | Seed | 1433 | ||
Aug 10, 2026 | Colombia | Seed | 5784 | [+1] | |
Aug 05, 2026 | India | Seed | 8230 | [+9] |
Team profile of DeVC
DeVC has a team of 7 members including 3 Partners and 3 Principals located in India. DeVC's team sits on the board of 3 companies.Here is a list of all team members in DeVC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Gurugram | The Moms Co and Auntfloh | ||
Partner | - | - | ||
Partner | Bengaluru | - | ||
Principal | - | |||
Principal | Mumbai | - | ||
Principal | Bengaluru | - |
Co-investors of DeVC
Over the past 4 years, 950 investors have co-invested in DeVC's portfolio companies. This includes funds and angels.
- Invested before DeVC: Z47, Y Combinator and 254 others have invested in rounds before DeVC. There are 6 companies where Z47 has invested before DeVC and 4 companies where Y Combinator has invested before DeVC.
- Top Co-investors of DeVC: 533 investors entered a company along with DeVC. These include investors like Angel List (16 companies).
- Invested after DeVC: A total of 161 investors have invested in DeVC's portfolio after their investments. Top Investors include Abhishek Goyal (3 companies), Sadev Ventures (3 companies) and Blume Venture (2 companies).
Recent News related to DeVC
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QwikBuild Raises $2.3 Mn To Expand Enterprise AI PlatformInc42•Oct 28, 2026•QwikBuild, Globalway, Lets Game Now, co.kr and 2 others
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Proactive AI Startup Sol Raises $4 Mn From General Catalyst, Nexus Venture Partners, OthersBW Disrupt•Sep 23, 2026•General Catalyst, Sol, peercheque, DeVC and 3 others
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Lightsage Raises $4 Million to Build Growth Stack for AI AgentsBusiness Insider•Sep 08, 2026•Nexus Venture Partners, peercheque, DeVC, Sol Foundry and 1 other
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Healthcare Startup Tross Secures Funding Led By All In CapitalViestories•Aug 21, 2026•DeVC, Tross, All In Capital
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Lane Secures Rs 8.5 Cr Pre-Seed Funding Led by Kae Capital for ExpansionEntrackr•Aug 12, 2026•DeVC, Lane, Panthera Peak, Antler and 1 other
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Pinegap Secures $8 Million in Series A Funding to Enhance AI Agents for Institutional InvestorsStartupTalky•Aug 06, 2026•Stellaris Venture Partners, Pinegap, DeVC
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Personal assistance startup Hulp secures $2.6 Mn seed fundingEntrackr•Aug 05, 2026•Hulp, Sparrow Capital, BITKRAFT Ventures, DeVC and 1 other
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Adiabatic Technologies Secures ₹83 Million in Seed Funding for Manufacturing ExpansionMercom India•Aug 05, 2026•Avinya Ventures, Malpani Ventures, Adiabatic, UPES and 3 others
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Mandrake Bio Secures Rs 16 Crore Pre-Seed Funding Led by Activate and AntlerEntrackr•Jul 16, 2026•Antler, DeVC, Spectrum Impact, Activate and 1 other
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Gimi Michi Raises $1 Million Seed Round Led by IndiaQuotientViestories•Jun 16, 2026•Gimi Michi, IIMA Ventures, DeVC, Titan Capital and 5 others
