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 May 2026, Felicis Ventures is an active investor, having invested in 442 companies, with 28 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 Armada Overall, Felicis Ventures portfolio has seen 31 unicorns, 13 IPOs and 151 acquisitions including key companies like Shopify, Scopely and Opendoor. 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 48 people including 19 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 7 more
Portfolio IPOs
Felicis Ventures' List of Top Investments
Felicis Ventures has a portfolio of 442 companies, including 31 unicorns. Their most notable investments are in Altitude Networks and Weights & Biases.Their portfolio spans across United States, Canada, United Kingdom and 20 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 32 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: $11.6B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $122M
- Employee Count: 27,767 as on Mar 31, 2026
- Investors: Ringway Capital, Insight Partners and 18 Others
- Latest Funding Round: Series C, Dec 11, 2013, $*****
- Highlight: Public
2. Canva
Cloud-based collaborative design platform. It enables users to create various digital content, including social media posts, presentations, and videos, through its drag-and-drop editor. The platform provides access to thousands of templates, photos, and fonts, and offers AI-powered tools for users to enhance design abilities. It allows users to edit images for presentations, invitations, posters, flyers, business cards, and more. The platform offers pre-designed templates and effects. It also provides a stock library of photographs, illustrations, and images.
Key facts about Canva
- Founded Year: 2012
- Location: Surry Hills (Australia)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $589M
- Employee Count: 15,755 as on Apr 30, 2026
- Investors: Next Round Capital, Shasta Ventures and 53 Others
- Latest Funding Round: Series F, May 01, 2024, $*****
- Highlight: Editors' Pick
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: £3.31M as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.02B
- Employee Count: 3,818 as on Apr 30, 2026
- Investors: InvestX, Cross Creek and 70 Others
- Latest Funding Round: Series E, Oct 28, 2020, $*****
- Highlight: Acquired
4. Opendoor
Provider of an app-based reseller of residential properties. The platform enables property sellers to information about the property, schedule video assessments, and receive offers based on comparative market analysis. Provides home inspection and mortgage solutions. Their app is available on Android and iOS devices.
Key facts about Opendoor
- Founded Year: 2014
- Location: Tempe (United States)
- Stage: Public
- Total Funding till date: $1.35B
- Employee Count: 1,404 as on Apr 30, 2026
- Investors: Access Industries, Vibhu Venture Partners and 75 Others
- Latest Funding Round: Post IPO, Aug 18, 2021, $*****
- 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: 4,424 as on Apr 30, 2026
- Investors: Glynn Capital, Fidelity Investments and 83 Others
- Latest Funding Round: Series E, May 13, 2022, $*****
- Highlight: Editors' Pick
Felicis Ventures' Year-on-Year Investment Trends
Felicis Ventures has invested in 442 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 May 2026, it has made 25 investments in this year. Its most recent first time investment was in Fractile and most recent follow-on round was in Armada.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 12 | 13 | 25 |
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 156 investments in Seed stage with an average round size of $10.1M, 136 investments in Series A stage with an average round size of $20.1M and 52 investments in Series B stage with an average round size of $39.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 156 |
Series A | 136 |
Series B | 52 |
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 408 Tech companies, 313 Enterprise (B2B) companies, 295 Software companies and at least 178 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 221 |
High Tech | 85 |
Consumer | 71 |
Enterprise Infrastructure | 56 |
HealthTech | 50 |
Others | 380 |
Note: We have considered here, only first round of investments
Felicis Ventures' Investments by Geography
Felicis Ventures has made most investments in United States (328), followed by Canada where it has made 7 investments.Country | No. of Investments |
|---|---|
United States | 328 |
Canada | 7 |
United Kingdom | 6 |
Australia | 5 |
Israel | 3 |
Others | 22 |
Note: We have considered here, only first round of investments
Felicis Ventures' recent investments
Felicis Ventures has made 25 investments in 2026 so far. Armada and Fractile 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 |
|---|---|---|---|---|---|
May 19, 2026 | United States | Series B | 4995 | [+13] | |
May 13, 2026 | United Kingdom | Series B | 2442 | [+7] | |
May 04, 2026 | United States | Series B | 6735 | [+8] | |
May 01, 2026 | United States | Series A | 6239 | [+5] | |
Apr 30, 2026 | United States | Series A | 7980 | [+6] |
Unicorns in Felicis Ventures' Portfolio
Felicis Ventures has 31 unicorns in its portfolio - Join Midi, Arena, Radiant Nuclear 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 |
|---|---|---|---|---|---|---|---|
64 | Provider of a virtual care platform focused on female midlife health | 2021 | Los Altos Hills | Series D | qpqcgzr | ||
58 | Provider of a platform for benchmarking and comparing AI models | 2025 | San Francisco | Series A | wulzjif | ||
60 | Developer of portable nuclear microreactors designed to replace diesel generators | 2019 | Los Angeles | Series D | vdxwpxj | ||
60 | Developer of platform for AI workflow automation and application integration | 2019 | Berlin | Series C | lkmgeye | ||
73 | Platform for real estate investment management | 2014 | San Francisco | Series D | neoy{zf |
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 | 5322 | |
Mar 02, 2022 | - | - | 9321 | |
Sep 29, 2021 | Jan 29, 2013 | Series B | 4497 | |
Sep 17, 2021 | Mar 18, 2015 | Series A | 1737 | |
Apr 30, 2021 | Dec 17, 2013 | Series B | 8553 |
Acquired companies in Felicis Ventures' Portfolio
151 companies from Felicis Ventures' portfolio have been acquired. The most recent acquisition was LiveRamp in May 2026 by Publicis Groupe for $*****.Here are Felicis Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 18, 2026 | - | - | 1005 | |
May 18, 2026 | Dec 10, 2024 | Series A | 4696 | |
May 13, 2026 | Sep 29, 2014 | Series A | 4892 | |
May 07, 2026 | Jul 23, 2014 | Seed | 5532 | |
Apr 23, 2026 | Jan 27, 2021 | Series B | 2947 |
Team profile of Felicis Ventures
Felicis Ventures has a team of 48 members including 19 Partners, 5 Venture Partners and 1 Principal located in United States. Felicis Ventures' team sits on the board of 7 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 | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | United States | - | - | |
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | - |
Co-investors of Felicis Ventures
Over the past 20 years, 2459 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 596 others have invested in rounds before Felicis Ventures. There are 26 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: 947 investors entered a company along with Felicis Ventures. These include investors like SV Angel (35 companies).
- Invested after Felicis Ventures: A total of 914 investors have invested in Felicis Ventures's portfolio after their investments. Top Investors include Andreessen Horowitz (14 companies), Menlo Ventures (9 companies) and Accel (9 companies).
Recent News related to Felicis Ventures
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Armada Secures $230M Series B Funding, Partners with Johnson Controls for AI Data Center ManufacturingPR Newswire•May 19, 2026•Armada, Johnson Controls, Silent Ventures, NightDragon and 12 others
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Fractile Secures $220M for AI Chips Amidst Intense Market DemandStartupHub.ai•May 13, 2026•Fractile, Factorial Funds, Founders Fund, Accel and 6 others
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Dreambase Secures $3.7 Million in Funding Led by FelicisThe SaaS News•May 01, 2026•Active Capital, Felicis Ventures, Dreambase, Darkmode Ventures and 5 others
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BuildForever Raises $9.5 Million in Seed RoundStartup Log•Apr 22, 2026•BuildForever, Felicis Ventures
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Sona Raises $45M Series B to Bring AI to the Frontline Economyintelligence360•Apr 20, 2026•N47, Italianfoundersfund.com, Gradient Ventures, Felicis Ventures and 2 others
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Artemis Emerges from Stealth with $70M to Rebuild Security Operations for AI-Powered AttacksAccess Newswire•Apr 15, 2026•Felicis Ventures, Artemis
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Sona Raises $45M Series B to Bring AI to the Frontline EconomyTMC•Apr 01, 2026•N47, Felicis Ventures, Sona, Italianfoundersfund.com and 3 others
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Corridor Raises $25M in Series A FundingFinSMEs•Mar 19, 2026•Corridor, Sunflower Capital, Conviction, Artisanal Ventures and 11 others
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Condor Software Raises $24M for Life Sciences Finance PlatformVentureburn•Mar 18, 2026•Condor, SNR, Bramalea Partners, Insight Partners and 3 others
