About Ecosystem Integrity Fund
Ecosystem Integrity Fund is a venture capital firm founded in 2010. It is primarily based out of San Francisco, United States. As of Aug 2026, Ecosystem Integrity Fund is an active investor, having invested in 43 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Environment Tech to High Tech and Enterprise Applications. Most recently it participated in the $***** Series C round of Battery Smart Overall, Ecosystem Integrity Fund portfolio has seen 1 IPO and 8 acquisitions including key companies like Enel X, EV Connect and Complete Solar. A lot of funds co-invest with Ecosystem Integrity Fund, with names like British International Investment sharing a substantial percentage of its portfolio. Ecosystem Integrity Fund has team of 5 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Ecosystem Integrity Fund's List of Top Investments
Ecosystem Integrity Fund has a portfolio of 43 companies. Their most notable investments are in Vammo and ZeroAvia.Their portfolio spans across United States, Canada, India and 5 more locations. They have invested in Environment Tech, High Tech, Enterprise Applications and 19 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Ecosystem Integrity Fund:1. Enel X
Key facts about Enel X
- Founded Year: 2001
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $168M
- Employee Count: 2,455 as on May 31, 2026
- Investors: Glen Capital, Ecosystem Integrity Fund and 9 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Highlight: Acquired
Chains providing battery swapping services for electric two three wheelers. These facilities allow users to exchange depleted batteries for fully charged units. The infrastructure supports the operation of electric vehicles by providing access to energy storage components. This model facilitates continuous vehicle usage by eliminating wait times associated with traditional charging methods. The service focuses on the maintenance and distribution of rechargeable power units for compatible transport vehicles.
Key facts about Battery Smart
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $176M
- Employee Count: 505 as on May 31, 2026
- Investors: Rising Tide Fund, Orios Venture Partners and 50 Others
- Latest Funding Round: Series C, Aug 21, 2026, $*****
- Highlight: Editors' Pick
3. EV Connect
Platform for electric vehicle charging management. It helps users access and operate charging stations through structured digital tools. The platform supports monitoring activity, handling sessions, and managing related services in one space. It offers an online environment where charging needs can be organized with clarity.
Key facts about EV Connect
- Founded Year: 2009
- Location: El Segundo (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $49.9M
- Employee Count: 82 as on Jun 30, 2026
- Investors: Ecosystem Integrity Fund, California Energy Commission and 22 Others
- Latest Funding Round: Conventional Debt, Dec 07, 2021, $*****
- Highlight: Acquired
4. Bluon
Provider of an app -based business management solutions for HVAC technicians. Its platform enables HVAC technicians to access local distributors on the support . It also provides HVAC models with manuals, system info, retrofit guides, product reviews on tools for superheat, sub cool, and set points. Its mobile application is available for Android and iOS platforms.
Key facts about Bluon
- Founded Year: 1999
- Location: Irvine (United States)
- Annual Revenue: $10M - $50M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $37M
- Employee Count: 49 as on Jun 30, 2026
- Investors: Ecosystem Integrity Fund, Ferguson Ventures and 6 Others
- Latest Funding Round: Series B, Jul 13, 2023, $*****
- Highlight: Editors' Pick
5. ZeroAvia
Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft. These systems utilize fuel cell technology to provide power for flight operations. The product portfolio includes powertrain components designed for integration into various airframes. These technologies aim to replace traditional combustion engines with systems that produce zero emissions during operation. The hardware supports the development of aircraft capable of regional transport and surveillance missions.
Key facts about ZeroAvia
Ecosystem Integrity Fund's Year-on-Year Investment Trends
Ecosystem Integrity Fund has invested in 43 companies over the last 12 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Aug 2026, it has made 2 investments in this year. Its most recent first time investment was in TrashieCash and most recent follow-on round was in Battery Smart.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 4 | 2 | 6 |
2024 | 4 | 3 | 7 |
2023 | 3 | 4 | 7 |
2022 | 7 | 1 | 8 |
2021 | 2 | 1 | 3 |
2020 | 4 | 2 | 6 |
2019 | 3 | 1 | 4 |
2018 | 1 | 1 | 2 |
2017 | 2 | 0 | 2 |
Ecosystem Integrity Fund's Investments by Stage
Ecosystem Integrity Fund has made 21 investments in Series A stage with an average round size of $12.9M, 8 investments in Series B stage with an average round size of $20.6M, 3 investments in Seed stage with an average round size of $8.12M, 2 investments in Series C stage with an average round size of $11M and 1 investment in Series D stage with an average round size of $6M.Stage of entry | No. of Investments |
|---|---|
Series A | 21 |
Series B | 8 |
Seed | 3 |
Series C | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Ecosystem Integrity Fund's Investments by Sector
Ecosystem Integrity Fund has a diverse portfolio, with companies operating in the Sustainability Tech, Environment Tech, Energy Tech, Enterprise Applications and High Tech. Notably, it has invested in 32 Tech companies, 30 Enterprise (B2B) companies, 16 Software companies and at least 11 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Sustainability Tech | 19 |
Environment Tech | 18 |
Energy Tech | 13 |
Enterprise Applications | 11 |
High Tech | 10 |
Others | 56 |
Note: We have considered here, only first round of investments
Ecosystem Integrity Fund's Investments by Geography
Ecosystem Integrity Fund has made most investments in United States (28), followed by India where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 28 |
India | 2 |
Brazil | 1 |
Canada | 1 |
Norway | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Ecosystem Integrity Fund's recent investments
Ecosystem Integrity Fund has made 2 investments in 2026 so far - Battery Smart and TrashieCash.Here are the most recent investments by Ecosystem Integrity Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 21, 2026 | India | Series C | 8704 | [+1] | |
2026 | United States | Series A | 2235 | [+5] | |
Dec 22, 2025 | United States | Series C | 2232 | [+6] | |
Oct 29, 2025 | Brazil | Series B | 6252 | [+5] | |
Apr 28, 2025 | United States | Series A | 5530 | [+10] |
IPOs and Publicly Listed companies in Ecosystem Integrity Fund's Portfolio
1 of Ecosystem Integrity Fund's portfolio company became public - Complete Solar. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2021.Here are Ecosystem Integrity Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 19, 2021 | Mar 10, 2014 | Series A | 1139 |
Acquired companies in Ecosystem Integrity Fund's Portfolio
8 companies from Ecosystem Integrity Fund's portfolio have been acquired. The most recent acquisition was T-REX Group in Apr 2024 by Finsight for $*****.Here are Ecosystem Integrity Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 24, 2024 | Nov 17, 2016 | Series B | 7254 | |
Mar 04, 2024 | Nov 20, 2019 | Series B | 8567 | |
Feb 09, 2024 | May 04, 2019 | Series C | 1556 | |
Nov 02, 2023 | Oct 28, 2022 | Series A | 2091 | |
Nov 02, 2022 | Feb 02, 2017 | Series A | 3046 |
Team profile of Ecosystem Integrity Fund
Ecosystem Integrity Fund has a team of 5 members including 1 Partner and 2 Principals located in United States. Ecosystem Integrity Fund's team sits on the board of 1 company.Here is a list of all team members in Ecosystem Integrity Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Principal | New York City | - | ||
Principal | New York City | - |
Co-investors of Ecosystem Integrity Fund
Over the past 12 years, 306 investors have co-invested in Ecosystem Integrity Fund's portfolio companies. This includes funds and angels.
- Invested before Ecosystem Integrity Fund: Blume Venture, Tiger Global Management and 134 others have invested in rounds before Ecosystem Integrity Fund. There are 2 companies where Blume Venture has invested before Ecosystem Integrity Fund and 2 companies where Tiger Global Management has invested before Ecosystem Integrity Fund.
- Top Co-investors of Ecosystem Integrity Fund: 73 investors entered a company along with Ecosystem Integrity Fund. These include investors like British International Investment (2 companies).
- Invested after Ecosystem Integrity Fund: A total of 97 investors have invested in Ecosystem Integrity Fund's portfolio after their investments. Top Investors include SVB (2 companies), Masscec (1 company) and MUFG (1 company).
Recent News related to Ecosystem Integrity Fund
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ZeroAvia Completes Financing RoundPR Newswire•Dec 22, 2025•ZeroAvia, Barclays, Horizons Ventures, Ecosystem Integrity Fund and 4 others
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Barclays invests in United FintechFinextra•Dec 10, 2025•Barclays, Danske Bank, United Fintech, Standard Chartered and 14 others
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Vammo, electric motorcycle maker, raises $45 million to expand in Latin AmericaInvestNews•Oct 29, 2025•Vammo, Uber, Tesla, Monashees and 6 others
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Battery Smart raises $21M in ongoing Series B funding round
YourStory•Jun 25, 2025•Battery Smart, responsAbility, Ecosystem Integrity Fund
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Battery Smart secures $29M in ongoing Series B roundYourStory•May 30, 2025•Battery Smart, Rising Tide Energy, responsAbility, Ecosystem Integrity Fund and 1 other
