About Firsthand Technology Value Fund
Firsthand Technology Value Fund is a venture capital firm founded in 1994. It is primarily based out of San Jose, United States. As of Dec 2018, Firsthand Technology Value Fund has invested in 34 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of QMAT Overall, Firsthand Technology Value Fund portfolio has seen 1 unicorn, 10 IPOs and 10 acquisitions including key companies like Facebook, Roku and Yelp. A lot of funds co-invest with Firsthand Technology Value Fund, with names like Samsung Venture Investment sharing a substantial percentage of its portfolio. Firsthand Technology Value Fund has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series E & 6 more
Portfolio Unicorns
Firsthand Technology Value Fund's List of Top Investments
Firsthand Technology Value Fund has a portfolio of 34 companies, one of which is a Unicorn. Their most notable investments are in Revasum and Pivotal Systems.Their portfolio spans across United States and Japan. They have invested in High Tech, Enterprise Applications, Enterprise Infrastructure and 17 other sectors, across stages such as Series A, Series E and 6 more. Here is the list of top investments by Firsthand Technology Value Fund:
1. Facebook
Operator of a social networking service facilitating connection and communication. Its services allows users to connect with friends, family, and other individuals. It provides tools for sharing updates, photos, and videos. The platform also offers features for creating and joining groups, following interests, and discovering content.
Key facts about Facebook
- Founded Year: 2004
- Location: Menlo Park (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 26,594 as on May 31, 2026
- Investors: Sprout Capital Partners, TCV and 119 Others
- Latest Funding Round: Grant (prize money), Jan 15, 2017, $*****
- Highlight: Public
2. Roku
Provider of video streaming devices. It produces streaming players, streaming‑capable smart TVs, and smart‑home products, and operates the Roku OS platform as well as its streaming service. It provides a collection of movies, TV shows, live channels, and is available on Roku devices and other devices like PCs and smart TVs.
Key facts about Roku
- Founded Year: 2008
- Location: San Jose (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $214M
- Employee Count: 4,365 as on May 31, 2026
- Investors: Fidelity Investments, All Access Venture Partners and 16 Others
- Latest Funding Round: Series G, Jan 28, 2016, $*****
- Highlight: Acquired
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3. Yelp
Platform providing reviews and recommendations for local businesses and services. It allows users to discover restaurants, shops, and professionals based on community ratings and feedback. The platform helps businesses manage their profiles, respond to reviews, and connect with customers.
Key facts about Yelp
- Founded Year: 2004
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $56M
- Employee Count: 7,115 as on Mar 31, 2026
- Investors: SeedFord Partners, Access Industries and 14 Others
- Latest Funding Round: Series C, Dec 2011, $*****
- Highlight: Public
4. X
Platform that aggregates and curates a wide range of content, including news, entertainment, and opinions. It is an online platform providing real-time news, entertainment, and commentary to its audience, featuring a wide range of topics including breaking news, sports, politics, and more. The platform also allows for live commentary and engagement with users, as well as hosting conversations with notable figures and thought leaders.
Key facts about X
- Founded Year: 1999
- Location: Bastrop (United States)
- Annual Revenue: $1B+ as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.14B
- Employee Count: 11,858 as on May 31, 2026
- Investors: TrueBridge, SeedFord Partners and 86 Others
- Latest Funding Round: Post IPO, Mar 20, 2025, $*****
- Highlight: Acquired
5. Cloudera
Provider of hybrid data platform, data management, and AI solutions. The company delivers cloud-native agility for data and AI applications. It offers data flow streaming, data engineering, data warehousing, and operational database services. The company enables users to ingest, prepare, analyze, predict, and publish data. It also provides data catalog, data lineage, observability, and data visualization tools.
Key facts about Cloudera
- Founded Year: 2008
- Location: Palo Alto (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.04B
- Employee Count: 3,446 as on May 31, 2026
- Investors: Glynn Capital, ADS Ventures and 38 Others
- Latest Funding Round: Series F, 2015, $*****
- Highlight: Acquired
Firsthand Technology Value Fund's Year-on-Year Investment Trends
Firsthand Technology Value Fund has invested in 35 companies over the last 19 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in QMAT and most recent follow-on round was in Tapad.Firsthand Technology Value Fund's Investments by Stage
Firsthand Technology Value Fund is primarily an Late Stage Investor investor majorly investing in Series A (8) rounds where average round size is $37.8M, Series E (4) rounds where average round size is $117M and Series F (3) rounds where average round size is $1.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 8 |
Series E | 4 |
Series F | 3 |
Series C | 2 |
Post IPO | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Firsthand Technology Value Fund's Investments by Sector
Firsthand Technology Value Fund has a diverse portfolio, with companies operating in the Semiconductors, Consumer, Enterprise Applications, High Tech and Energy. Notably, it has invested in 23 Enterprise (B2B) companies, 23 Tech companies, 12 Consumer (B2C) companies and at least 11 companies focusing on Software.Sector | No. of Investments |
|---|---|
Semiconductors | 5 |
Consumer | 4 |
Enterprise Applications | 4 |
High Tech | 4 |
Energy | 3 |
Others | 14 |
Note: We have considered here, only first round of investments
Firsthand Technology Value Fund's Investments by Geography
Firsthand Technology Value Fund has made most investments in United States (20), followed by Japan where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 20 |
Japan | 1 |
Note: We have considered here, only first round of investments
Firsthand Technology Value Fund's recent investments
Firsthand Technology Value Fund has not made any investment in 2026 so far.Here are the most recent investments by Firsthand Technology Value Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 2018 | United States | Series A | 4109 | - | |
May 08, 2018 | United States | Series A | 5720 | [+3] | |
Nov 15, 2016 | United States | Series A | 4302 | - | |
Nov 19, 2015 | United States | Series A | 1926 | - | |
Sep 2015 | United States | Series F | 5260 | - |
Unicorns in Firsthand Technology Value Fund's Portfolio
Firsthand Technology Value Fund has 1 unicorn in its portfolio - Jawbone. The most recent unicorn in their portfolio is Jawbone which became a unicorn in 2011, 15 years before Firsthand Technology Value Fund first invested in it.Here is a list of unicorns in Firsthand Technology Value Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of wearable devices for activity and sleep tracking | 1997 | San Francisco | Series F | tzqb{il |
IPOs and Publicly Listed companies in Firsthand Technology Value Fund's Portfolio
10 of Firsthand Technology Value Fund's portfolio companies have become public. Revasum got listed on the Australian Securities Exchange (ASX), in Dec 2018 at marketcap of $30.7M and Phunware got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $84.9M.Here are Firsthand Technology Value Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 04, 2018 | Nov 15, 2016 | Series A | 7696 | |
Nov 14, 2018 | Jun 23, 2014 | Series E | 4115 | |
Apr 20, 2018 | Dec 14, 2012 | Series D | 4466 | |
Sep 30, 2016 | - | - | 5979 | |
Oct 07, 2015 | Sep 2015 | Series F | 8345 |
Acquired companies in Firsthand Technology Value Fund's Portfolio
10 companies from Firsthand Technology Value Fund's portfolio have been acquired. The most recent acquisition was Roku in Jun 2026 by FOX for $*****.Here are Firsthand Technology Value Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | - | - | 3730 | |
Mar 29, 2025 | May 02, 2012 | Series G | 6434 | |
Aug 15, 2024 | Nov 19, 2015 | Series A | 2868 | |
Jun 01, 2021 | 2015 | Series F | 9964 | |
Nov 19, 2020 | Mar 21, 2013 | Series A | 4811 |
Team profile of Firsthand Technology Value Fund
Firsthand Technology Value Fund has a team of 2 members located in United States. Firsthand Technology Value Fund's team sits on the board of 1 company.Co-investors of Firsthand Technology Value Fund
Over the past 19 years, 119 investors have co-invested in Firsthand Technology Value Fund's portfolio companies. This includes funds and angels.
- Invested before Firsthand Technology Value Fund: Greylock Partners, T. Rowe Price and 74 others have invested in rounds before Firsthand Technology Value Fund. There are 3 companies where Greylock Partners has invested before Firsthand Technology Value Fund and 3 companies where T. Rowe Price has invested before Firsthand Technology Value Fund.
- Top Co-investors of Firsthand Technology Value Fund: 18 investors entered a company along with Firsthand Technology Value Fund. These include investors like Samsung Venture Investment (1 company).
- Invested after Firsthand Technology Value Fund: A total of 25 investors have invested in Firsthand Technology Value Fund's portfolio after their investments. Top Investors include DFJ Growth (2 companies), Europa (1 company) and Darsanacapitalpartners (1 company).
Recent News related to Firsthand Technology Value Fund
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Firsthand Technology Value Fund Announces First Quarter Financial ResultsGlobeNewswire•May 16, 2025•Firsthand Technology Value Fund
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