About Foothill Ventures
Foothill Ventures is a venture capital firm founded in 2017. It is primarily based out of Los Altos, United States. As of Sep 2026, Foothill Ventures is an active investor, having invested in 153 companies, with 6 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it participated in the $***** Seed round of Subconscious Overall, Foothill Ventures portfolio has seen 3 unicorns, 3 IPOs and 22 acquisitions including key companies like Carta, CertiK and Ginkgo Bioworks. A lot of funds co-invest with Foothill Ventures, with names like M Ventures sharing a substantial percentage of its portfolio. Foothill Ventures has team of 12 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Foothill Ventures' List of Top Investments
Foothill Ventures has a portfolio of 153 companies, including 3 unicorns. Their most notable investments are in Aether Fuels and Cardea Bio.Their portfolio spans across United States, China, Canada and 3 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 27 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Foothill Ventures:
1. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 5,728 as on Sep 30, 2026
- Investors: Meritech, Silver Lake and 140 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
2. Otter.ai
Developer of an AI meeting agent providing transcription and summarization. The agent offers live transcripts, automated summaries, and action items from meetings. It integrates with various platforms to streamline workflows. The AI agent provides insights and helps structure ideas from conversations. It also automates follow-ups and syncs notes.
Key facts about Otter.ai
- Founded Year: 2016
- Location: Los Altos (United States)
- Stage: Series B
- Total Funding till date: $70M
- Employee Count: 302 as on Aug 31, 2026
- Investors: Bess Ventures, DHVC and 25 Others
- Latest Funding Round: Series B, Feb 25, 2021, $*****
- Highlight: Editors' Pick
3. CertiK
Provider of blockchain security auditing and formal verification software solutions. The platform offers smart contract assessments, penetration testing, and real-time on-chain monitoring to detect vulnerabilities within decentralized networks. It provides compliance tools, risk management, and regulatory advisory services for institutional infrastructure, exchanges, and digital asset custodians. Technical offerings include automated security analysis for Web3 projects and distributed ledger technology frameworks.
Key facts about CertiK
- Founded Year: 2017
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $296M
- Employee Count: 213 as on Aug 31, 2026
- Investors: Goldman Sachs, DHVC and 42 Others
- Latest Funding Round: Series B, Apr 22, 2022, $*****
- Highlight: Editors' Pick
Autonomous labs for biotechnology, empowering scientists to design the living world. They provide autonomous labs and cloud lab services, enabling scientists to automate experimental work and focus on insight and creativity. The company offers solutions and datapoints services to design experiments and address research goals. Their autonomous systems lift the burden of manual lab work, empowering scientists to ask critical questions. They provide hardware, software, support, and cloud lab resources. The company's vision is to enable programming biology, curing diseases, and growing everything imaginable. This is a B2B tech company offering SaaS solutions for biotechnology and pharmaceutical industries.
Key facts about Ginkgo Bioworks
- Founded Year: 2008
- Location: Boston (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $796M
- Employee Count: 638 as on Mar 31, 2026
- Investors: Allen & Company, Owl Rock and 53 Others
- Latest Funding Round: Grant (prize money), Dec 13, 2023, $*****
- Highlight: Public
5. Bubble
Cloud based no code web application development tool. The product offered by the company is a no code platform for creating digital products. prototyping, application customizations, built in design, version controls, and backups, real time workload collaboration, etc. It has clients such as Dividend, Qoins, Teals, etc.
Key facts about Bubble
- Founded Year: 2012
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $106M
- Employee Count: 507 as on May 31, 2026
- Investors: Kima Ventures, Dig Ventures and 12 Others
- Latest Funding Round: Series A, Jul 27, 2021, $*****
Foothill Ventures' Year-on-Year Investment Trends
Foothill Ventures has invested in 153 companies over the last 9 years, with an average of 7 new investments annually in the last 5 years. In 2025, it made 16 investments, while as of Sep 2026, it has made 8 investments in this year. Its most recent first time investment was in Subconscious and most recent follow-on round was in Quintessent.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 5 | 8 |
2025 | 12 | 4 | 16 |
2024 | 9 | 2 | 11 |
2023 | 2 | 3 | 5 |
2022 | 10 | 3 | 13 |
2021 | 10 | 1 | 11 |
2020 | 7 | 1 | 8 |
2019 | 4 | 1 | 5 |
2018 | 1 | 0 | 1 |
2017 | 3 | 0 | 3 |
Foothill Ventures' Investments by Stage
Foothill Ventures has made 33 investments in Seed stage with an average round size of $6.84M, 22 investments in Series A stage with an average round size of $13.6M, 4 investments in Series B stage with an average round size of $23.3M, 1 investment in Angel stage with an average round size of $6.1M and 1 investment in Series C stage with an average round size of $15.6M.Stage of entry | No. of Investments |
|---|---|
Seed | 33 |
Series A | 22 |
Series B | 4 |
Angel | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Foothill Ventures' Investments by Sector
Foothill Ventures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Semiconductors, Life Sciences and Energy Tech. Notably, it has invested in 136 Tech companies, 124 Enterprise (B2B) companies, 77 Software companies and at least 50 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 27 |
Enterprise Applications | 19 |
Semiconductors | 13 |
Life Sciences | 11 |
Energy Tech | 8 |
Others | 75 |
Note: We have considered here, only first round of investments
Foothill Ventures' Investments by Geography
Foothill Ventures has made most investments in United States (54), followed by China where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 54 |
China | 4 |
Singapore | 2 |
Canada | 1 |
Note: We have considered here, only first round of investments
Foothill Ventures' recent investments
Foothill Ventures has made 8 investments in 2026 so far. Subconscious and Nexstrom are the latest among them.Here are the most recent investments by Foothill Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 24, 2026 | United States | Seed | 2041 | [+4] | |
Sep 22, 2026 | Singapore | Seed | 4966 | [+1] | |
Aug 24, 2026 | United States | Series A | 8177 | [+7] | |
May 26, 2026 | United States | Seed | 2979 | [+3] | |
Apr 27, 2026 | Canada | Series B | 5497 | [+4] |
Unicorns in Foothill Ventures' Portfolio
Foothill Ventures has 3 unicorns in its portfolio - CertiK, Iterable and Carta. The most recent unicorn in their portfolio is CertiK. It became a unicorn in 2021, 4 years before Foothill Ventures first invested in it.Here is a list of unicorns in Foothill Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
77 | Provider of blockchain security auditing and formal verification software solutions | 2017 | New York City | Series B | c{wtoka | ||
72 | Cloud based omnichannel personalized marketing platform | 2013 | San Francisco | Series E | zfl{zu{ | ||
85 | Software-based equity management solutions | 2012 | San Francisco | Series G | wrijimm |
IPOs and Publicly Listed companies in Foothill Ventures' Portfolio
3 of Foothill Ventures' portfolio companies have become public. WeRide got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2024 at marketcap of $120M and Ginkgo Bioworks got listed on the New York Stock Exchange (NYSE).Here are Foothill Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 25, 2024 | - | - | 8395 | |
Sep 17, 2021 | - | - | 1381 | |
Apr 24, 2020 | - | - | 1305 |
Acquired companies in Foothill Ventures' Portfolio
22 companies from Foothill Ventures' portfolio have been acquired. The most recent acquisition was Fox Robotics in Mar 2026 by Symbotic for $*****.Here are Foothill Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 10, 2026 | Oct 27, 2022 | Series B | 7809 | |
Oct 30, 2025 | - | - | 6618 | |
Oct 07, 2025 | - | - | 9018 | |
Mar 13, 2025 | - | - | 7392 | |
Dec 17, 2024 | - | - | 2175 |
Team profile of Foothill Ventures
Foothill Ventures has a team of 12 members including 5 Partners, 2 Venture Partners and 2 Principals located in United States. Foothill Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Foothill Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | - | |
Partner | Los Altos | - | ||
Partner | Palo Alto | - | ||
Partner | Seattle | - | ||
Partner | Berkeley | - | - | |
Venture Partner | San Francisco | - | ||
Venture Partner | United States | - | - | |
Principal | Los Altos | - | ||
Principal | San Francisco | - |
Co-investors of Foothill Ventures
Over the past 9 years, 406 investors have co-invested in Foothill Ventures's portfolio companies. This includes funds and angels.
- Invested before Foothill Ventures: National Science Foundation, America’s Seed Fund and 46 others have invested in rounds before Foothill Ventures. There are 4 companies where National Science Foundation has invested before Foothill Ventures and 4 companies where America’s Seed Fund has invested before Foothill Ventures.
- Top Co-investors of Foothill Ventures: 214 investors entered a company along with Foothill Ventures. These include investors like M Ventures (5 companies).
- Invested after Foothill Ventures: A total of 144 investors have invested in Foothill Ventures's portfolio after their investments. Top Investors include 3E Bioventures Capital (3 companies), Industry Ventures (3 companies) and Zeon Ventures (3 companies).
Recent News related to Foothill Ventures
•
Nexstrom Raises $12M to Advance 2D Semiconductor TechnologyCryptocurrency•Sep 22, 2026•Nexstrom, Xora Innovation, Foothill Ventures, Xorainnovation.com
•
LegendSpace Raises $29.5 Million in Angel Round To Develop AI-Driven Rocket EnginesVentureburn•Jul 21, 2026•Foothill Ventures, Fortune Capital, Sunshine Capital
•
HyperLight announces an $80 million Series C funding round to accelerate the deployment of its TFLN technology for AI infrastructureYahoo•Jun 19, 2026•Foothill Ventures, CDIB Capital Group, Qatar Investment Authority, Hyperlight and 14 others
•
Adani, Jabil plan AI data centre hardware manufacturing platform in IndiaBusiness Line•Jun 15, 2026•Jabil, Adani Group, Adani Enterprises, AdaniConneX and 13 others
•
Nervonik Announces $52.5M Series B FinancingMassinvestor•Apr 28, 2026•Nervonik, Amzak Health, Foothill Ventures, Lumira Ventures and 5 others
•
NeuraWorx Closes Oversubscribed Seed Round Led by Nexus NeuroTech to Advance Neurotechnology Therapy for CNS Disordersintelligence360•Jan 07, 2026•Verge Fund, Nexus NeuroTech Ventures, WARF, Foothill Ventures and 1 other
•
Lucidean Pulls In $18M Seed RoundMassinvestor•Dec 24, 2025•Foothill Ventures, Koch Disruptive Technologies, Lucidean, Cerberus Ventures and 3 others
•
Neuraworx Medical Technology Nabs Seed RoundMassinvestor•Dec 18, 2025•Foothill Ventures, Verge Fund, NeuraWorx, Nexus NeuroTech Ventures and 1 other
•
NovoLINC Secures Funding to Advance Thermal Tech for AI ChipsPR Newswire•Dec 18, 2025•Foothill Ventures, CMU, Fathom Fund, Hitachi Ventures and 3 others
•
South 8 Technologies Receives $11M to Boost LiGas Battery ProductionBatteriesnews•Dec 09, 2025•Lockheed Martin, South 8, LG Energy Solution, W. L. Gore & Associates and 8 others
