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About Forerunner Ventures
Forerunner Ventures is a venture capital firm founded in 2010. It is primarily based out of San Francisco, United States. As of Oct 2026, Forerunner Ventures is an active investor, having invested in 171 companies, with 10 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 Retail to Consumer and Enterprise Applications. Most recently it participated in the $***** Series A round of Wabi Overall, Forerunner Ventures portfolio has seen 14 unicorns, 6 IPOs and 46 acquisitions including key companies like Warby Parker, Chime and Hims. A lot of funds co-invest with Forerunner Ventures, with names like Lerer Hippeau sharing a substantial percentage of its portfolio. Forerunner Ventures has team of 11 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio IPOs
Portfolio Unicorns
Forerunner Ventures' List of Top Investments
Forerunner Ventures has a portfolio of 171 companies, including 14 unicorns. Their most notable investments are in Modern Fertility and BloomThat.Their portfolio spans across United States, Canada, Finland and 3 more locations. They have invested in Retail, Consumer, Enterprise Applications and 25 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Forerunner Ventures:1. 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: 2,854 as on Sep 30, 2026
- Investors: equitywestsecurities.com, T. Rowe Price and 36 Others
- Latest Funding Round: Series F, Aug 27, 2020, $*****
- Highlight: Public
2. Chime
Digital bank for individuals. Its services include debit cards, savings account, money transfers, cash withdrawals, online/offline payments, check deposits, and more. It also offers transaction and balance alerts. The application is available on iOS and Android devices.
Key facts about Chime
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $3.15B
- Employee Count: 2,516 as on Sep 30, 2026
- Investors: equitywestsecurities.com, Access Industries and 58 Others
- Latest Funding Round: Series F, Aug 06, 2021, $*****
- Highlight: Public
3. Hims
Online platform offering telehealth services for men's wellness. The company focuses on men's wellness and care, offering treatment options for hair loss, erectile dysfunction, and more.
Key facts about Hims
- Founded Year: 2017
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $197M
- Employee Count: 2,125 as on Oct 31, 2026
- Investors: Brentwood Associates, Foresite Capital and 18 Others
- Latest Funding Round: Post IPO, May 08, 2025, $*****
- Highlight: Public
4. Suno
Provider of music creation platform enabling users to easily create and share original songs. It provides users with a music studio that enables users to create and share music through its intuitive platform, leveraging artificial intelligence to generate realistic songs. The company's mission is to democratize music creation and bridge the gap between artists and their compositions. By providing a user-friendly interface and accessible tools, Suno aims to empower individuals to produce high-quality music.
Key facts about Suno
- Founded Year: 2021
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $775M
- Employee Count: 511 as on Oct 31, 2026
- Investors: Bond Capital, Forerunner Ventures and 13 Others
- Latest Funding Round: Series D, Jun 03, 2026, $*****
- Highlight: Editors' Pick
5. Wonder
Platform offering food delivery and takeout services from various restaurants. It is a platform offering food delivery and takeout services from multiple iconic restaurants, enabling users to order from multiple locations at once.
Key facts about Wonder
- Founded Year: 2016
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $2.96B
- Employee Count: 26 as on Sep 30, 2026
- Investors: Harmony Partners, Harmony Venture Partners and 31 Others
- Latest Funding Round: Series D, Sep 16, 2026, $*****
- Highlight: Editors' Pick
Forerunner Ventures' Year-on-Year Investment Trends
Forerunner Ventures has invested in 171 companies over the last 15 years, with an average of 11 new investments annually in the last 10 years. In 2025, it made 24 investments, while as of Oct 2026, it has made 13 investments in this year. Its most recent first time investment was in Wabi and most recent follow-on round was in Town.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 4 | 13 |
2025 | 14 | 10 | 24 |
2024 | 9 | 0 | 9 |
2023 | 7 | 1 | 8 |
2022 | 15 | 8 | 23 |
2021 | 15 | 13 | 28 |
2020 | 10 | 2 | 12 |
2019 | 9 | 11 | 20 |
2018 | 11 | 9 | 20 |
2017 | 8 | 11 | 19 |
Forerunner Ventures' Investments by Stage
Forerunner Ventures has made 65 investments in Seed stage with an average round size of $12.9M, 63 investments in Series A stage with an average round size of $17.8M and 14 investments in Series B stage with an average round size of $80.6M.Stage of entry | No. of Investments |
|---|---|
Seed | 65 |
Series A | 63 |
Series B | 14 |
Unattributed | 5 |
Series C | 4 |
Others | 3 |
Note: We have considered here, only first round of investments
Forerunner Ventures' Investments by Sector
Forerunner Ventures has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, High Tech and HealthTech. Notably, it has invested in 156 Tech companies, 112 Consumer (B2C) companies, 73 Software companies and at least 64 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 77 |
Retail | 64 |
Enterprise Applications | 47 |
High Tech | 21 |
HealthTech | 20 |
Others | 126 |
Note: We have considered here, only first round of investments
Forerunner Ventures' Investments by Geography
Forerunner Ventures has made most investments in United States (148), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 148 |
Canada | 2 |
Finland | 1 |
India | 1 |
Romania | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Forerunner Ventures' recent investments
Forerunner Ventures has made 13 investments in 2026 so far. Wabi and Marklo AI are the latest among them.Here are the most recent investments by Forerunner Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 30, 2026 | United States | Series A | 5058 | [+7] | |
Oct 14, 2026 | United States | Seed | 8579 | ||
Oct 07, 2026 | United States | Series B | 7447 | [+3] | |
Aug 17, 2026 | United States | Series B | 3510 | [+14] | |
Jul 16, 2026 | United States | Series D | 1478 | [+7] |
Unicorns in Forerunner Ventures' Portfolio
Forerunner Ventures has 14 unicorns in its portfolio - Novig, Wispr Flow, Fora and others. The most recent unicorn in their portfolio is Novig. It became a unicorn in 2026.Here is a list of unicorns in Forerunner Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
55 | Platform for peer-to-peer sports prediction and trading, allowing users to make predictions against real people | 2022 | San Francisco | Series B | foqllix | ||
71 | Provider of voice to text dictation and meeting notetaker software | 2021 | San Francisco | Series B | j{hdgzs | ||
62 | Online platform for booking multiple categories of travel services | 2019 | New York City | Series D | ztisetl | ||
55 | Developer of artificial intelligence models focused on human interaction research | 2025 | Redwood City | Seed | jdnejue | ||
63 | Developer of a platform for building and deploying custom AI | 2003 | Grand Rapids | Series A | {ddsmef |
IPOs and Publicly Listed companies in Forerunner Ventures' Portfolio
6 of Forerunner Ventures' portfolio companies have become public. Reformation got listed on the New York Stock Exchange (NYSE), in Jul 2026 at marketcap of $886M and Arrived got listed on the OTC Markets (OTCMKTS).Here are Forerunner Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 30, 2026 | - | - | 6073 | |
Oct 07, 2025 | May 17, 2022 | Series A | 1993 | |
Jun 12, 2025 | Nov 04, 2014 | Series A | 5747 | |
Sep 29, 2021 | - | - | 5418 | |
Sep 16, 2019 | Nov 2017 | Series A | 4862 |
Acquired companies in Forerunner Ventures' Portfolio
46 companies from Forerunner Ventures' portfolio have been acquired. The most recent acquisition was Canal in Jul 2025 by Rokt Technologies for $*****.Here are Forerunner Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 17, 2025 | Mar 2021 | Seed | 6775 | |
Jul 02, 2025 | Nov 14, 2018 | Seed | 8108 | |
Jun 12, 2025 | Aug 30, 2021 | Seed | 8889 | |
Apr 22, 2025 | Dec 07, 2021 | Series A | 1798 | |
Mar 11, 2025 | Sep 07, 2017 | Seed | 8881 |
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Team profile of Forerunner Ventures
Forerunner Ventures has a team of 11 members including 6 Partners and 2 Principals located in United States. Forerunner Ventures' team sits on the board of 3 companies.Here is a list of top team members in Forerunner Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | |||
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | Los Angeles | - | - | |
Partner | San Francisco | - | ||
Principal | San Francisco | - | ||
Principal | San Francisco | - |
Co-investors of Forerunner Ventures
Over the past 15 years, 1061 investors have co-invested in Forerunner Ventures's portfolio companies. This includes funds and angels.
- Invested before Forerunner Ventures: Y Combinator, Accel and 323 others have invested in rounds before Forerunner Ventures. There are 15 companies where Y Combinator has invested before Forerunner Ventures and 5 companies where Accel has invested before Forerunner Ventures.
- Top Co-investors of Forerunner Ventures: 415 investors entered a company along with Forerunner Ventures. These include investors like Lerer Hippeau (12 companies).
- Invested after Forerunner Ventures: A total of 321 investors have invested in Forerunner Ventures's portfolio after their investments. Top Investors include Comcast Ventures (6 companies), Coatue (5 companies) and Sequoia Capital (5 companies).
Recent News related to Forerunner Ventures
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Replika Founder's Wabi Raises $55M at $1.25B Valuation for AI Agent PivotCryptocurrency•Oct 29, 2026•Wabi, IVP, Amazon, Andreessen Horowitz and 3 others
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AI Assistant Town Raises $108M in Series B, Valued at $1BTHE BRIDGE•Oct 20, 2026•Forerunner Ventures, Town, Plaid, First Round Capital and 8 others
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Natural Raises $30M Series A for AI Agent Payments InfrastructurePR Newswire•Jul 20, 2026•Forerunner Ventures, Privy, Human Capital, Abstract and 5 others
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AI-powered travel agency Fora raises $60M, hits unicorn statusTechCrunch+•Jul 16, 2026•Forerunner, Fora, Heartcore Capital, Tribeca Venture Partners and 6 others
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Suno Secures Over $400 Million in Series D Funding, Valued at $5.4 BillionMBW•Jun 03, 2026•Bond Capital, Sunno, Suno, Forerunner Ventures and 4 others
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Depthfirst raises $80M to expand AI-native security platform and train domain-specific modelsSiliconAngle•Mar 31, 2026•DepthFirst, Meritech, Alt Capital, The House Fund and 7 others
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Novig Raises $75M to Replace Traditional Sportsbook with Peer-to-Peer ExchangeAlleyWatch•Mar 06, 2026•Novig, Pantera Capital, Perceptive Ventures, Novig and 5 others
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Koah Raises $20.5M to Scale Its ‘Adsense for AI’ Platform Across AppsSiliconAngle•Feb 24, 2026•Koahlabs, Theory Ventures, South Park Commons, Forerunner Ventures
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Finance Novig Raises $75M Series B to Build a Trader-First Sports Prediction MarketBitcoin Ethereum News•Feb 18, 2026•Pantera Capital, Novig, Novig, Multicoin Capital and 6 others
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Decagon AI secures $250M at $4.5B valuation to expand AI concierge platformSiliconAngle•Jan 29, 2026•Decagon, Block, Avis Budget Group, Affirm and 16 others
