About Four Rivers Group
Four Rivers Group is a venture capital firm founded in 2007. It is primarily based out of San Francisco, United States. As of Jun 2026, Four Rivers Group is an active investor, having invested in 65 companies, with 2 new investments in the last 12 months. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series D round of Factorial Overall, Four Rivers Group portfolio has seen 4 unicorns, 3 IPOs and 28 acquisitions including key companies like Factorial, Intuit and New Relic. A lot of funds co-invest with Four Rivers Group, with names like SVB sharing a substantial percentage of its portfolio. Four Rivers Group has team of 6 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series D & 5 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Four Rivers Group's List of Top Investments
Four Rivers Group has a portfolio of 65 companies, including 4 unicorns. Their most notable investments are in DTEX and D2L.Their portfolio spans across United States, Germany, United Kingdom and 4 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 19 other sectors, across stages such as Series C, Series D and 5 more. Here is the list of top investments by Four Rivers Group:1. Factorial
Provider of business management software for human resources and finance. The software automates repetitive tasks related to time management, talent acquisition, and payroll. It offers tools for employee performance tracking, onboarding, and training. The platform provides features for expense management, project oversight, and electronic signatures.
Key facts about Factorial
2. Instawork
Cloud-based on-demand staffing platform for multi-industry. Candidates can search for jobs using keywords and location. Employers can use it to list positions, screen applicants, and schedule interviews. Food and beverage, warehouses, and event management are among the industries served. The platform offers solutions to a variety of businesses, including food, hospitality, warehouses, and restaurants.
Key facts about Instawork
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $160M
- Employee Count: 2,714 as on Sep 30, 2026
- Investors: Four Rivers Group, TCV and 19 Others
- Latest Funding Round: Series D, May 18, 2023, $*****
- Highlight: Editors' Pick
3. Intuit
Provider of financial, accounting, tax preparation, and marketing automation software. It develops and distributes software and online services for individuals, small businesses, and accounting professionals. The company offers tools for tax preparation, financial management, payroll processing, online payments, invoicing, time tracking, and marketing campaigns. It also provides access to credit scores, credit cards, and loans. The company connects small businesses with bookkeepers and tax experts.
Key facts about Intuit
- Founded Year: 1983
- Location: Mountain View (United States)
- Annual Revenue: $1B+ as on Jul 31, 2026
- Stage: Public
- Employee Count: 15,567 as on Sep 30, 2026
- Investors: Alcor Fund, TriplePoint Capital and 25 Others
- Latest Funding Round: Grant (prize money), Nov 01, 2020, $*****
- Highlight: Public
4. New Relic
Cloud and AI based platform offering enterprise observability solutions. It offers features such as web application monitoring, ruby monitoring, web performance monitoring, PHP monitoring, infrastructure monitoring, Kubernetes monitoring, container monitoring, docker monitoring, and digital customer experience management. It enables user access to a subscription based pricing module.
Key facts about New Relic
- Founded Year: 2008
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $196M
- Employee Count: 3,095 as on Sep 30, 2026
- Investors: JANA Partners, Allen & Company and 18 Others
- Latest Funding Round: Post IPO, May 2018, $*****
- Highlight: Acquired
5. D2L
Provider of LMS systems for multiple sectors. It offers virtual and professional learning solutions. It provides blended,virtual,professional,customer,employes and partner training for corporates. They also provides products with tools for the management of classroom learning and the workplace.
Key facts about D2L
- Founded Year: 1999
- Location: Kitchener (Canada)
- Annual Revenue: $100M - $500M as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $244M
- Employee Count: 1,269 as on Sep 30, 2026
- Investors: Four Rivers Group, NewView Capital and 6 Others
- Latest Funding Round: Conventional Debt, Aug 14, 2014, $*****
- Highlight: Public
Four Rivers Group's Year-on-Year Investment Trends
Four Rivers Group has invested in 65 companies over the last 19 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Factorial and most recent follow-on round was in Findem.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 2 | 5 |
2024 | 3 | 0 | 3 |
2023 | 5 | 0 | 5 |
2022 | 6 | 0 | 6 |
2021 | 2 | 0 | 2 |
2020 | 0 | 1 | 1 |
2019 | 1 | 1 | 2 |
2018 | 2 | 1 | 3 |
2017 | 3 | 0 | 3 |
Four Rivers Group's Investments by Stage
Four Rivers Group is primarily an Late Stage Investor investor majorly investing in Series C (13) rounds where average round size is $402M, Series D (10) rounds where average round size is $611M and Series B (8) rounds where average round size is $290M.Stage of entry | No. of Investments |
|---|---|
Series C | 13 |
Series D | 10 |
Series B | 8 |
Seed | 5 |
Series A | 5 |
Others | 4 |
Note: We have considered here, only first round of investments
Four Rivers Group's Investments by Sector
Four Rivers Group has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Vertical SaaS, High Tech and Consumer. Notably, it has invested in 59 Tech companies, 56 Enterprise (B2B) companies, 51 Software companies and at least 44 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 36 |
Enterprise Infrastructure | 17 |
Vertical SaaS | 10 |
High Tech | 7 |
Consumer | 5 |
Others | 25 |
Note: We have considered here, only first round of investments
Four Rivers Group's Investments by Geography
Four Rivers Group has made most investments in United States (38), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 38 |
United Kingdom | 2 |
Brazil | 1 |
Canada | 1 |
China | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Four Rivers Group's recent investments
Four Rivers Group has made 1 investments in 2026 so far - Factorial.Here are the most recent investments by Four Rivers Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 03, 2026 | Spain | Series D | 9163 | [+1] | |
Nov 12, 2025 | United States | Series C | 5430 | [+10] | |
Oct 21, 2025 | United States | Series C | 7332 | [+2] | |
Sep 25, 2025 | Brazil | Series A | 9670 | [+2] | |
Sep 16, 2025 | United Kingdom | Seed | 4596 | [+3] |
Unicorns in Four Rivers Group's Portfolio
Four Rivers Group has 4 unicorns in its portfolio - Factorial, YugabyteDB, Outreach and others. The most recent unicorn in their portfolio is Factorial. It became a unicorn in 2022, 3 years before Four Rivers Group first invested in it.Here is a list of unicorns in Four Rivers Group's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Provider of business management software for human resources and finance | 2016 | Barcelona | Series D | ohlaorn | ||
72 | Open source cloud native database for enterprises | 2016 | Sunnyvale | Series C | wniobpy | ||
74 | Provider of an AI revenue workflow platform for sales teams | 2014 | Seattle | Series G | m{rzibw | ||
62 | Cloud based open source platform offering docker suite | 2008 | Palo Alto | Series E | tfbjjav |
IPOs and Publicly Listed companies in Four Rivers Group's Portfolio
3 of Four Rivers Group's portfolio companies have become public. BillionToOne got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Nov 2025 at marketcap of $2.41B and D2L got listed on the Toronto Stock Exchange (TSX) at marketcap of undefined.Here are Four Rivers Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 06, 2025 | Jun 14, 2021 | Series B | 9081 | |
Nov 03, 2021 | Aug 14, 2014 | Series B | 6667 | |
Mar 12, 1993 | - | - | 6776 |
Acquired companies in Four Rivers Group's Portfolio
28 companies from Four Rivers Group's portfolio have been acquired. The most recent acquisition was BoomPop in Sep 2026 by Navan for $*****.Here are Four Rivers Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 09, 2026 | Nov 12, 2025 | Series C | 2041 | |
Jul 22, 2026 | Aug 07, 2018 | Series D | 7725 | |
Jun 01, 2026 | - | - | 4770 | |
May 26, 2026 | 2018 | Series C | 4581 | |
Aug 05, 2025 | Jan 24, 2024 | Seed | 9428 |
Team profile of Four Rivers Group
Four Rivers Group has a team of 6 members including 3 Partners located in United States. Four Rivers Group's team sits on the board of 2 companies.Here is a list of all team members in Four Rivers Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | New Relic and Ambassador | ||
Partner | Marble Falls | - | - | |
Partner | San Francisco | - |
Co-investors of Four Rivers Group
Over the past 19 years, 324 investors have co-invested in Four Rivers Group's portfolio companies. This includes funds and angels.
- Invested before Four Rivers Group: Sequoia Capital, Tenaya Capital and 156 others have invested in rounds before Four Rivers Group. There are 12 companies where Sequoia Capital has invested before Four Rivers Group and 6 companies where Tenaya Capital has invested before Four Rivers Group.
- Top Co-investors of Four Rivers Group: 89 investors entered a company along with Four Rivers Group. These include investors like SVB (4 companies).
- Invested after Four Rivers Group: A total of 77 investors have invested in Four Rivers Group's portfolio after their investments. Top Investors include Neuberger Berman (2 companies), ST Telemedia (2 companies) and Geodesic Capital (2 companies).
Recent News related to Four Rivers Group
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Factorial Secures $150 Million Series D Funding at $2.5 Billion Valuation, Among Europe's Top AI Scale-upsEuropa Press•Jun 03, 2026•General Catalyst, Factorial, Atomico, Four Rivers Group and 2 others
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BoomPop Raises $41M in FundingFinSMEs•Nov 12, 2025•Thayer Investment Partners, BoomPop, Atomic Fund, ACME and 4 others
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Findem Secures $51 Million to Advance Talent AI and Data-Driven RecruitingHrtechfeed•Oct 21, 2025•Findem, J P Morgan, Harmony Capital, Four Rivers Group and 5 others
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BotCity Secures $12 Million Series A Funding for Automation GovernanceGlobeNewswire•Sep 26, 2025•BotCity, New Relic, Astella, Firestreak Ventures and 4 others
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Robot babysitter', Brazilian startup raises R$ 65 million from global investorsExame•Sep 25, 2025•BotCity, Astellas Pharma, Y Combinator, Four Rivers Group and 4 others
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Overmind secures $6M to forecast deployment impact and prevent production explosionsThe Register•Sep 16, 2025•Overmind, Renegade Partners, Operator Collective, Four Rivers Group
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EdgeRunner AI Secures $12M in Series A FundingFinSMEs•May 01, 2025•EdgeRunner AI, Madrona, Four Rivers Group, HP Tech Ventures and 1 other
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Embeddable Raises €6m Seed For Advanced Embedded Analytics PlatformTech.eu•Dec 12, 2024•Embeddable, Four Rivers Group, OpenOcean, TechStar Group and 1 other
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EdgeRunner AI Closes $5.5 Million In Seed FundingPulse 2.0•Jul 30, 2024•EdgeRunner AI, Four Rivers Group, Madrona
