About Double18
Double18 is a venture capital firm founded in 2014. It is primarily based out of United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and Consumer. Overall, Double18 portfolio has seen 1 IPO and 1 acquisition, namely Security Matters and PurePenn.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Portfolio IPOs
Portfolio Acquisitions
Double18's List of Top Investments
Double18 has a portfolio of 6 companies. Their most notable investments include Safe Ride Health and The Inception Company.Their portfolio spans across United States and Australia. They have invested in Enterprise Applications, HealthTech, Consumer and 4 other sectors. Here is the list of top investments by Double18:On-demand nonemergency transport platform to healthcare organizations. The company's mobile app brings new business to non-emergency medical drivers who want to pick up on-demand rides. It responds to ride requests much like an Uber or Lyft experience. The company solutions also include tools to engage the patient (increasing adherence) and analytics to identify and triage "at risk" patients.
Key facts about Safe Ride Health
- Founded Year: 2015
- Location: Los Angeles (United States)
- Stage: Series C
- Total Funding till date: $39M
- Employee Count: 302 as on Aug 31, 2026
- Investors: Sands Capital, SVB and 20 Others
- Latest Funding Round: Series C, Oct 06, 2023, $*****
- Highlight: Editors' Pick
Inception Company provides virtual meeting and collaboration management platform. It allows users to integrate and engage with the teams, manage discussions and collaborate with teams. It enables users to chat, response to the surveys and conduct live meetings. Its product includes Pando that allows users to schedule video meetings and virtual meeting solutions.
Key facts about The Inception Company
- Founded Year: 2018
- Location: Fairfield (United States)
- Stage: Seed
- Employee Count: 71 as on Aug 31, 2026
- Investors: Corbel Capital Partners, Double18 and 1 Other
- Latest Funding Round: Seed, Jan 07, 2021, $*****
Offers blockchain-enabled supply chain track and trace solutions. The company offers solutions for users to manage supply chain track and trace solutions. It offers technology and intelligence solutions.
Key facts about Security Matters
- Founded Year: 2018
- Location: Australia
- Stage: Public
- Total Funding till date: $20M
- Employee Count: 26 as on Aug 31, 2026
- Investors: Jade Ventures and Double18
- Latest Funding Round: Post IPO, Aug 05, 2025, $*****
- Highlight: Public
4. Retrofit
Retrofit is an online weight management program that offers expert-led advice through medical research and clinical data.The platform provides tools such as private online dashboards, mobile app and Fitbit wireless devices to track activity, exercise, food intake, weight and sleep, and one-on-one coaching and peer learning. They also offer programs for corporate wellness.
Key facts about Retrofit
- Founded Year: 2011
- Location: Chicago (United States)
- Stage: Deadpooled
- Total Funding till date: $23M
- Employee Count: 84 as on Dec 31, 2018
- Investors: Echo Health Ventures, DFJ and 30 Others
- Latest Funding Round: Series B, Apr 25, 2016, $*****

5. PurePenn
Key facts about PurePenn
- Founded Year: 2015
- Location: Mckeesport (United States)
- Stage: Acquired
- Employee Count: 6 as on Aug 31, 2026
- Investors: Double18
- Highlight: Acquired
IPOs and Publicly Listed companies in Double18's Portfolio
1 of Double18's portfolio company became public - Security Matters. It got listed on the Australian Securities Exchange (ASX), in Oct 2018 at marketcap of $6.5MHere are Double18's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 15, 2018 | - | - | 3620 |
Acquired companies in Double18's Portfolio
1 company from Double18's portfolio has been acquired. The most recent acquisition was PurePenn in Sep 2020 by Trulieve for $*****.Here are Double18's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 16, 2020 | - | - | 3002 |

