About Felicis Ventures
Felicis Ventures is a venture capital firm founded in 2006. It is primarily based out of Menlo Park, United States. As of Aug 2026, Felicis Ventures is an active investor, having invested in 449 companies, with 27 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 Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series B round of Smack Technologies Overall, Felicis Ventures portfolio has seen 32 unicorns, 13 IPOs and 153 acquisitions including key companies like Shopify, Opendoor and Scopely. A lot of funds co-invest with Felicis Ventures, with names like SV Angel sharing a substantial percentage of its portfolio. Felicis Ventures has team of 15 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 7 more
Portfolio IPOs
Deals in last 12 months
Felicis Ventures' List of Top Investments
Felicis Ventures has a portfolio of 449 companies, including 32 unicorns. Their most notable investments are in BREVIAN and Observo.Their portfolio spans across United States, Canada, United Kingdom and 20 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 34 other sectors, across stages such as Seed, Series A and 7 more. Here is the list of top investments by Felicis Ventures:
1. Shopify
Provider of an all-in-one commerce platform for businesses of all sizes. The platform enables merchants to start, grow, market, and manage their retail operations. It offers tools to build brands, create websites, and customize online stores. The platform also provides solutions for selling products online, in person, and across various channels. It facilitates payment acceptance, marketing, customer management, and business analytics.
Key facts about Shopify
- Founded Year: 2006
- Location: Ottawa (Canada)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $122M
- Employee Count: 28,530 as on May 31, 2026
- Investors: Georgian, Ringway Capital and 19 Others
- Latest Funding Round: Series C, Dec 11, 2013, $*****
- Highlight: Public
2. Opendoor
Provider of digital platforms for buying and selling residential property. The business facilitates real estate transactions by enabling owners to list properties for sale and providing buyers with direct purchase options. It manages the underlying processes for home exchanges and coordinates with homebuilders to offer inventory to prospective buyers.
Key facts about Opendoor
- Founded Year: 2014
- Location: Tempe (United States)
- Stage: Public
- Total Funding till date: $1.35B
- Employee Count: 1,446 as on Jul 31, 2026
- Investors: Vibhu Venture Partners, Flying Cow Ventures and 74 Others
- Latest Funding Round: Post IPO, Aug 18, 2021, $*****
- Highlight: Public
3. Scopely
Developer of interactive entertainment and video games across multiple platforms. The company creates, publishes, and operates immersive games. It utilizes a technology platform to support a diversified portfolio in the games industry. The company focuses on building long-lasting game experiences.
Key facts about Scopely
- Founded Year: 2011
- Location: Culver City (United States)
- Annual Revenue: £1M - £10M as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.02B
- Employee Count: 3,861 as on Jul 31, 2026
- Investors: Cross Creek, InvestX and 70 Others
- Latest Funding Round: Series E, Oct 28, 2020, $*****
- Highlight: Acquired
4. Warby Parker
Internet first brand offering eyewear for men and women. The product catalog includes eyeglasses, sunglasses, contact lenses, and other eyewear accessories. The company also provides home-try-on program for customers to choose frames from the website.
Key facts about Warby Parker
- Founded Year: 2010
- Location: New York City (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $573M
- Employee Count: 2,787 as on Jul 31, 2026
- Investors: T. Rowe Price, equitywestsecurities.com and 36 Others
- Latest Funding Round: Series F, Aug 27, 2020, $*****
- Highlight: Public
5. Gusto
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses. Its core offering is software delivered online, with API integrations and automation features designed to help SMBs manage back-office operations more efficiently.
Key facts about Gusto
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $718M
- Employee Count: 4,595 as on Jul 31, 2026
- Investors: Western Technology Investment, Glynn Capital and 85 Others
- Latest Funding Round: Series E, May 13, 2022, $*****
- Highlight: Editors' Pick
Felicis Ventures' Year-on-Year Investment Trends
Felicis Ventures has invested in 449 companies over the last 20 years, with an average of 22 new investments annually in the last 10 years. In 2025, it made 39 investments, while as of Aug 2026, it has made 35 investments in this year. Its most recent first time investment was in BUNKERHILL and most recent follow-on round was in Smack Technologies.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 18 | 17 | 35 |
2025 | 25 | 14 | 39 |
2024 | 23 | 8 | 31 |
2023 | 19 | 9 | 28 |
2022 | 39 | 14 | 53 |
2021 | 19 | 23 | 42 |
2020 | 22 | 14 | 36 |
2019 | 19 | 13 | 32 |
2018 | 14 | 9 | 23 |
2017 | 15 | 11 | 26 |
Felicis Ventures' Investments by Stage
Felicis Ventures has made 157 investments in Seed stage with an average round size of $10.7M, 140 investments in Series A stage with an average round size of $21.2M and 53 investments in Series B stage with an average round size of $39.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 157 |
Series A | 140 |
Series B | 53 |
Series C | 17 |
Angel | 3 |
Others | 6 |
Note: We have considered here, only first round of investments
Felicis Ventures' Investments by Sector
Felicis Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Enterprise Infrastructure and HealthTech. Notably, it has invested in 415 Tech companies, 321 Enterprise (B2B) companies, 303 Software companies and at least 187 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 225 |
High Tech | 81 |
Consumer | 69 |
Enterprise Infrastructure | 58 |
HealthTech | 51 |
Others | 385 |
Note: We have considered here, only first round of investments
Felicis Ventures' Investments by Geography
Felicis Ventures has made most investments in United States (334), followed by Canada where it has made 7 investments.Country | No. of Investments |
|---|---|
United States | 334 |
Canada | 7 |
United Kingdom | 7 |
Australia | 5 |
Israel | 3 |
Others | 22 |
Note: We have considered here, only first round of investments
Felicis Ventures' recent investments
Felicis Ventures has made 35 investments in 2026 so far. Smack Technologies and BUNKERHILL are the latest among them.Here are the most recent investments by Felicis Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 18, 2026 | United States | Series B | 7996 | [+8] | |
Jul 16, 2026 | United States | Series B | 3625 | [+3] | |
Jul 14, 2026 | United States | Series A | 8481 | [+11] | |
Jun 24, 2026 | United States | Series A | 5042 | ||
Jun 24, 2026 | United States | Series C | 2054 | [+6] |
Unicorns in Felicis Ventures' Portfolio
Felicis Ventures has 32 unicorns in its portfolio - Join Midi, humans&, Arena and others. The most recent unicorn in their portfolio is Join Midi. It became a unicorn in 2026, 3 years after Felicis Ventures first invested in it.Here is a list of unicorns in Felicis Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Provider of a virtual care platform focused on female midlife health | 2021 | Los Altos Hills | Series D | lrkdxcy | ||
46 | Developer of artificial intelligence models focused on human interaction research | 2025 | Redwood City | Seed | zwmqk{c | ||
64 | Provider of a platform for benchmarking and comparing AI models | 2025 | San Francisco | Series A | wxgmtr{ | ||
60 | Provider of portable nuclear microreactor solutions | 2019 | Los Angeles | Series D | sxlbfyx | ||
65 | Developer of workflow automation software for building integrated technical processes | 2019 | Berlin | Series C | lskolvy |
IPOs and Publicly Listed companies in Felicis Ventures' Portfolio
13 of Felicis Ventures' portfolio companies have become public. BioAge Labs got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2024 at marketcap of $615M and Rigetti Computing got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Felicis Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | Jul 28, 2017 | Series A | 3009 | |
Mar 02, 2022 | - | - | 4160 | |
Sep 29, 2021 | Jan 29, 2013 | Series B | 5618 | |
Sep 17, 2021 | Mar 18, 2015 | Series A | 5575 | |
Apr 30, 2021 | Dec 17, 2013 | Series B | 4838 |
Acquired companies in Felicis Ventures' Portfolio
153 companies from Felicis Ventures' portfolio have been acquired. The most recent acquisition was Agency in Aug 2026 by Klaviyo for $*****.Here are Felicis Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 05, 2026 | - | - | 8268 | |
May 26, 2026 | - | - | 5035 | |
May 18, 2026 | - | - | 1633 | |
May 18, 2026 | Dec 10, 2024 | Series A | 7607 | |
May 13, 2026 | Sep 29, 2014 | Series A | 1843 |
Team profile of Felicis Ventures
Felicis Ventures has a team of 15 members including 6 Partners and 5 Venture Partners located in United States. Felicis Ventures' team sits on the board of 6 companies.Here is a list of top team members in Felicis Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | |||
Partner | San Francisco | - | ||
Partner | New York City | - | ||
Partner | - | - | ||
Partner | Menlo Park | - | ||
Partner | San Francisco | - | ||
Venture Partner | San Francisco | |||
Venture Partner | San Francisco | |||
Venture Partner | - | - | - | |
Venture Partner | San Francisco | - |
Co-investors of Felicis Ventures
Over the past 20 years, 2483 investors have co-invested in Felicis Ventures's portfolio companies. This includes funds and angels.
- Invested before Felicis Ventures: Y Combinator, First Round Capital and 598 others have invested in rounds before Felicis Ventures. There are 28 companies where Y Combinator has invested before Felicis Ventures and 13 companies where First Round Capital has invested before Felicis Ventures.
- Top Co-investors of Felicis Ventures: 965 investors entered a company along with Felicis Ventures. These include investors like SV Angel (36 companies).
- Invested after Felicis Ventures: A total of 918 investors have invested in Felicis Ventures's portfolio after their investments. Top Investors include Andreessen Horowitz (14 companies), Menlo Ventures (10 companies) and Accel (9 companies).
Recent News related to Felicis Ventures
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Bunkerhill Health Raises $55M in Series B Funding to Expand Agentic AI Platform for Healthcare SystemsHIT Consultant•Jul 17, 2026•BUNKERHILL, Khosla Ventures, Y Combinator, Sequoia Capital and 2 others
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Singularity Raises $80M in Series A at $400M ValuationFinSMEs•Jul 14, 2026•Khosla Ventures, New Enterprise Associates, Long Journey Ventures, American Eagle Outfitters and 1 other
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Mercor In Talks To Raise $500 Million At $20 Billion ValuationForbes•Jul 10, 2026•Mercor, Felicis Ventures
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Entire Raises $60M Seed at $300M Valuation to Build AI Code Management ToolsThe SaaS News•Jul 09, 2026•Entire, Felicis Ventures
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Runlayer Secures $30 Million Series A for Enterprise AI Governance PlatformTipRanks•Jun 24, 2026•Runlayer, Khosla Ventures, Felicis Ventures, Felicis and 1 other
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Ent raises USD $100 million seed round led by DecibelSecurityBrief•Jun 17, 2026•Aetna, Microsoft, In-Q-Tel, Felicis Ventures and 5 others
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Endurance Energy Secures $54 Million to Harness Geothermal Power from Undersea VolcanoesSiliconAngle•Jun 11, 2026•Endurance Energy, Founders Fund, Construct Capital, Point72 Ventures and 5 others
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Supabase Raises $500 Million in Series F Funding Round Amid AI Agent BoomPYMNTS.com•Jun 04, 2026•Peak XV Partners, Supabase, Coatue, Craft Ventures and 10 others
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Adaptive Innovations Raises $50M Series A for AI-Native Home HealthcareThe SaaS News•Jun 04, 2026•Felicis Ventures, Bain Capital Ventures, Conviction, Constellation and 5 others
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Parallel Web Systems Raises $100M Series B at $2 Billion ValuationThe SaaS News•Jun 02, 2026•Parallel Web Systems, Sequoia Capital, Index Ventures, Khosla Ventures and 6 others
