About Eight Roads Ventures
Eight Roads Ventures is a venture capital firm founded in 1969. It is primarily based out of London, United Kingdom. As of Dec 2025, Eight Roads Ventures has invested in 469 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and High Tech. Most recently it participated in the $***** Series B round of AssetPlus Overall, Eight Roads Ventures portfolio has seen 19 unicorns, 50 IPOs and 106 acquisitions including key companies like Shadowfax, Wallapop and Toast. A lot of funds co-invest with Eight Roads Ventures, with names like F-Prime Capital sharing a substantial percentage of its portfolio. Eight Roads Ventures has team of 120 people including 18 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 9 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Eight Roads Ventures' List of Top Investments
Eight Roads Ventures has a portfolio of 469 companies, including 19 unicorns. Their most notable investments are in MayaData and West Lake.Their portfolio spans across United States, China, India and 17 more locations. They have invested in Enterprise Applications, Life Sciences, High Tech and 38 other sectors, across stages such as Series A, Series B and 9 more. Here is the list of top investments by Eight Roads Ventures:
1. Shadowfax
Logistics solutions for express deliveries. It offers services, including same-day delivery, next-day delivery, and instant delivery. It provides solutions for e-commerce, D2C businesses, SMEs, and personal courier needs. It also offers technology-driven tools for route optimization and fraud detection. It also provides intercity parcel delivery, reverse logistics, same-day and next-day delivery options, and fulfillment services.
Key facts about Shadowfax
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹2,510Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $247M
- Employee Count: 4,207 as on Aug 31, 2025
- Investors: Innoven Capital, Mirae Asset and 33 Others
- Latest Funding Round: Series F, Jan 28, 2025, $*****
- Highlight: Public
2. Prosper
Prosper is a peer-to-peer lending marketplace. Prosper allows people to invest in each other in a way that is financially and socially rewarding. Borrowers list loan requests between $2,000 and $35,000 and individual lenders can invest as little as $25 in each loan listing they select. Prosper handles the servicing of the loan on behalf of the matched borrowers and investors. It also offers personal loans for business purposes. It has disbursed more than $5B in loans as of February 2016. Its investors include investors include Sequoia Capital, BlackRock, Institutional Venture Partners, and Credit Suisse NEXT Fund.
Key facts about Prosper
- Founded Year: 2005
- Location: San Francisco (United States)
- Annual Revenue: $173M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $414M
- Employee Count: 645 as on Mar 31, 2026
- Investors: Meritech, EG Capital Advisors and 48 Others
- Latest Funding Round: Conventional Debt, Nov 17, 2022, $*****
- Highlight: Editors' Pick
3. Wallapop
App-based marketplace and a classified platform to buy and sell used items. Users can discover items on sale in their neighborhood at the top of the search list. Wallapop's products include anything from bicycles and mobile phones to clothing and furniture. The company offers mobile applications for Android and IOS devices.
Key facts about Wallapop
4. Toast
Cloud-based point-of-sale and management system for restaurants. It is designed to improve operations, increase sales, and enhance the guest experience. It offers a range of features, including digital ordering and delivery integration.
Key facts about Toast
- Founded Year: 2011
- Location: Boston (United States)
- Annual Revenue: $6.15B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $900M
- Employee Count: 7,569 as on Mar 31, 2026
- Investors: HTIF, Glynn Capital and 30 Others
- Latest Funding Round: Series F, Feb 14, 2020, $*****
- Highlight: Public
5. SonderMind
Mental health service provider offering virtual therapy services. The company's services include therapy and psychiatry, both virtually and in-person across a wide range of mental health needs including anxiety, depression, PTSD, ADHD, grief, eating disorders, and relationship issues.
Key facts about SonderMind
- Founded Year: 2014
- Location: Denver (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $276M
- Employee Count: 1,234 as on Mar 31, 2026
- Investors: Founders Circle Capital, General Catalyst and 24 Others
- Latest Funding Round: Series C, Jul 28, 2021, $*****
- Highlight: Editors' Pick
Eight Roads Ventures' Year-on-Year Investment Trends
Eight Roads Ventures has invested in 469 companies over the last 28 years, with an average of 23 new investments annually in the last 10 years. In 2025, it made 11 investments. Its most recent first time investment was in SALOWIN and most recent follow-on round was in AssetPlus.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 8 | 11 |
2024 | 13 | 12 | 25 |
2023 | 18 | 13 | 31 |
2022 | 40 | 21 | 61 |
2021 | 32 | 38 | 70 |
2020 | 23 | 23 | 46 |
2019 | 23 | 20 | 43 |
2018 | 27 | 13 | 40 |
2017 | 36 | 9 | 45 |
Eight Roads Ventures' Investments by Stage
Eight Roads Ventures has made 133 investments in Series A stage with an average round size of $18M, 108 investments in Series B stage with an average round size of $37.9M and 34 investments in Seed stage with an average round size of $6.49M.Stage of entry | No. of Investments |
|---|---|
Series A | 133 |
Series B | 108 |
Seed | 34 |
Series C | 34 |
Series D | 8 |
Others | 12 |
Note: We have considered here, only first round of investments
Eight Roads Ventures' Investments by Sector
Eight Roads Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, Consumer, FinTech and Vertical SaaS. Notably, it has invested in 368 Tech companies, 307 Enterprise (B2B) companies, 205 Software companies and at least 124 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 135 |
Life Sciences | 65 |
Consumer | 53 |
FinTech | 44 |
Vertical SaaS | 41 |
Others | 342 |
Note: We have considered here, only first round of investments
Eight Roads Ventures' Investments by Geography
Eight Roads Ventures has made most investments in United States (121), followed by China where it has made 65 investments.Country | No. of Investments |
|---|---|
United States | 121 |
China | 65 |
India | 57 |
Japan | 34 |
United Kingdom | 24 |
Others | 38 |
Note: We have considered here, only first round of investments
Eight Roads Ventures' recent investments
Eight Roads Ventures has not made any investment in 2026 so far.Here are the most recent investments by Eight Roads Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 29, 2025 | India | Series B | 8606 | ||
Nov 26, 2025 | India | Series B | 3862 | [+7] | |
Nov 11, 2025 | Spain | Series B | 9283 | [+6] | |
Oct 14, 2025 | Canada | Series D | 3012 | [+2] | |
Jul 31, 2025 | United States | Series C | 3216 | [+5] |
Unicorns in Eight Roads Ventures' Portfolio
Eight Roads Ventures has 19 unicorns in its portfolio - Eon, Lighthouse, Vestwell and others. The most recent unicorn in their portfolio is Eon. It became a unicorn in 2024.Here is a list of unicorns in Eight Roads Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Provider of cloud infrastructure for data protection and analytics access | 2024 | New York City | Series D | up{atmw | ||
60 | Hotel revenue management solutions for the travel and hospitality industry | 2012 | London | Series C | fparwac | ||
73 | Online platform for a workplace savings program | 2016 | New York City | Series E | idcsktz | ||
58 | SaaS-driven expense & reimbursement management solutions for businesses | 2016 | Beijing | Series C | tgoojpj | ||
66 | Online marketplace for point of sale financing | 2014 | Jakarta | Series E | cyxptfm |
IPOs and Publicly Listed companies in Eight Roads Ventures' Portfolio
50 of Eight Roads Ventures' portfolio companies have become public. Avalyn Pharma got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2026 at marketcap of $753M and J-Pharma got listed on the Tokyo Stock Exchange (TYO) at marketcap of $80.8M.Here are Eight Roads Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2026 | 2017 | Series A | 7156 | |
Mar 25, 2026 | Jan 07, 2021 | Series D | 8589 | |
Jan 28, 2026 | Aug 28, 2015 | Series A | 4418 | |
Dec 30, 2025 | Sep 09, 2019 | Series B | 2162 | |
Dec 10, 2025 | Oct 15, 2018 | Series A | 7601 |
Acquired companies in Eight Roads Ventures' Portfolio
106 companies from Eight Roads Ventures' portfolio have been acquired. The most recent acquisition was x-bit in May 2026 by SmartHR for $*****.Here are Eight Roads Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 07, 2026 | - | - | 8706 | |
Mar 31, 2026 | 2017 | Series E | 2217 | |
Jan 29, 2026 | May 19, 2012 | Series D | 2426 | |
Jan 29, 2026 | - | - | 7494 | |
Nov 21, 2025 | 2012 | Series A | 7306 |
Team profile of Eight Roads Ventures
Eight Roads Ventures has a team of 120 members including 18 Partners, 9 Venture Partners and 31 Principals located in China, India and 4 more locations. Eight Roads Ventures' team sits on the board of 17 companies.Here is a list of top team members in Eight Roads Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | |||
Partner | London | - | ||
Partner | Japan | - | ||
Partner | London | - | ||
Partner | Jing'an | - | ||
Partner | Shanghai | - | - | |
Partner | Tokyo | - | ||
Partner | Jing an | - | ||
Partner | Tokyo | - | ||
Partner | Jing an | - |
Co-investors of Eight Roads Ventures
Over the past 28 years, 2950 investors have co-invested in Eight Roads Ventures's portfolio companies. This includes funds and angels.
- Invested before Eight Roads Ventures: F-Prime Capital, Elevation Capital and 1184 others have invested in rounds before Eight Roads Ventures. There are 21 companies where F-Prime Capital has invested before Eight Roads Ventures and 6 companies where Elevation Capital has invested before Eight Roads Ventures.
- Top Co-investors of Eight Roads Ventures: 646 investors entered a company along with Eight Roads Ventures. These include investors like F-Prime Capital (67 companies).
- Invested after Eight Roads Ventures: A total of 1118 investors have invested in Eight Roads Ventures's portfolio after their investments. Top Investors include F-Prime Capital (20 companies), Temasek (8 companies) and TPG (7 companies).
Recent News related to Eight Roads Ventures
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D2c Brand Blissclub Raises 15 Million In Series A Led By Eight RoadsMoneycontrol•Apr 19, 2026•BlissClub, Eight Roads Ventures
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Tenpoint Therapeutics Raises $235M Through Series B and Credit FacilityFinSMEs•Jan 29, 2026•Tenpoint Therapeutics, Hercules Capital, Hillhouse, Sofinnova Partners and 7 others
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Wealth-tech startup AssetPlus raises Rs 175 Cr led by Nexus Venture PartnersEntrackr•Jan 19, 2026•AssetPlus, Eight Roads Ventures, Rainmatter, Nexus Venture Partners and 6 others
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Wint Wealth raises Rs 250 Cr in Series B round led by Vertex VenturesEntrackr•Jan 14, 2026•Wint Wealth, Arkam Ventures, Vertex Ventures, Eight Roads Ventures and 3 others
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MoEngage Secures Additional $180 million in Series F Funding; Completes Liquidity Event for Employees & Investorsintelligence360•Jan 12, 2026•Dragon Funds, Z47, B Capital, Schroders Capital and 6 others
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Wint Wealth to raise Series B at Rs 700 Cr valuationEntrackr•Dec 24, 2025•Eight Roads Ventures, 3one4 Capital, Rainmatter, Wint Wealth and 1 other
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PlasmaGen raises Rs 150 Cr led by ViNS BioproductsYourStory•Dec 22, 2025•Vins Bio Products, PlasmaGen BioSciences, Eight Roads Ventures
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