About Georgian
Georgian is a venture capital firm founded in 2008. It is primarily based out of Toronto, Canada. As of Jun 2026, Georgian is an active investor, having invested in 97 companies, with 7 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 A round of Defend the Dominion Overall, Georgian portfolio has seen 17 unicorns, 9 IPOs and 31 acquisitions including key companies like Shopify, eBay and Microsoft. A lot of funds co-invest with Georgian, with names like Bessemer Venture Partners sharing a substantial percentage of its portfolio. Georgian has team of 46 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 5 more
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Georgian's List of Top Investments
Georgian has a portfolio of 97 companies, including 17 unicorns. Their most notable investments are in Sublime Security and IEX.Their portfolio spans across United States, Canada, United Kingdom and 4 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 20 other sectors, across stages such as Series C, Series B and 5 more. Here is the list of top investments by Georgian: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: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $122M
- Employee Count: 28,530 as on May 31, 2026
- Investors: Georgian, Ringway Capital and 19 Others
- Latest Funding Round: Series C, Dec 11, 2013, $*****
- Highlight: Public
2. eBay
Online retailer of electronics, cars, fashion, collectibles, sports, and more. The platform provides a marketplace for buying and selling a wide array of products. Categories include automotive parts, clothing, art, sporting goods, health, beauty, industrial equipment, and home and garden items. The platform facilitates transactions between buyers and sellers.
Key facts about eBay
- Founded Year: 1995
- Location: San Jose (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 20,658 as on May 31, 2026
- Investors: Elliott Management, Starboard Value and 10 Others
- Latest Funding Round: Post IPO, Jan 22, 2019, $*****
- Highlight: Public

3. Microsoft
Developer of computer software hardware gaming consoles and cloud services. Offerings include operating systems, productivity applications, and integrated development environments for personal and professional computing. Hardware products consist of portable and desktop computers along with home entertainment gaming consoles. Cloud infrastructure provides storage, computing power, and artificial intelligence tools for business and individual use. Additional services include digital marketplaces for software distribution and subscription-based access to gaming libraries.
Key facts about Microsoft
- Founded Year: 1975
- Location: Redmond (United States)
- Annual Revenue: $1B+ as on Jun 30, 2025
- Stage: Public
- Employee Count: 231,632 as on May 31, 2026
- Investors: Greyrock Investments, equitywestsecurities.com and 48 Others
- Latest Funding Round: Grant (prize money), Apr 01, 2022, $*****
- Highlight: Public
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4. Render
Unified cloud platform for building, deploying, and managing scalable web applications. It is a unified cloud platform offering scalable infrastructure for building, running, and deploying web applications, with features including free SSL, global CDN, and automatic deploys from Git. The platform provides a range of services, including computing, networking, and storage, to support the development and deployment of modern web applications.
Key facts about Render
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $258M
- Employee Count: 206 as on Jun 30, 2026
- Investors: Georgian, General Catalyst and 10 Others
- Latest Funding Round: Series C, Feb 17, 2026, $*****
- Highlight: Editors' Pick

5. Armis
Provider of a wireless security platform for IoT applications. Offers an early stage wireless security platform focused on IoT security in an organization. The solution delivers continuous visibility and control over wireless communications, devices, and data.
Key facts about Armis
- Founded Year: 2015
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.17B
- Employee Count: 1,293 as on May 31, 2026
- Investors: Goldman Sachs, Georgian and 20 Others
- Latest Funding Round: Series E, Nov 05, 2025, $*****
- Highlight: Acquired
Georgian's Year-on-Year Investment Trends
Georgian has invested in 98 companies over the last 15 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of Jun 2026, it has made 9 investments in this year. Its most recent first time investment was in Expo and most recent follow-on round was in Defend the Dominion.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 4 | 9 |
2025 | 5 | 5 | 10 |
2024 | 4 | 6 | 10 |
2023 | 2 | 3 | 5 |
2022 | 6 | 8 | 14 |
2021 | 5 | 13 | 18 |
2020 | 7 | 6 | 13 |
2019 | 11 | 5 | 16 |
2018 | 5 | 3 | 8 |
2017 | 7 | 4 | 11 |
Georgian's Investments by Stage
Georgian is primarily an Late Stage Investor investor majorly investing in Series C (25) rounds where average round size is $1.76B, Series B (24) rounds where average round size is $921M and Series D (9) rounds where average round size is $1.05B.Stage of entry | No. of Investments |
|---|---|
Series C | 25 |
Series B | 24 |
Series D | 9 |
Series A | 7 |
Seed | 5 |
Others | 6 |
Note: We have considered here, only first round of investments
Georgian's Investments by Sector
Georgian has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Vertical SaaS, High Tech and FinTech. Notably, it has invested in 94 Tech companies, 89 Enterprise (B2B) companies, 82 Software companies and at least 63 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 66 |
Enterprise Infrastructure | 25 |
Vertical SaaS | 22 |
High Tech | 18 |
FinTech | 12 |
Others | 63 |
Note: We have considered here, only first round of investments
Georgian's Investments by Geography
Georgian has made most investments in United States (54), followed by Canada where it has made 17 investments.Country | No. of Investments |
|---|---|
United States | 54 |
Canada | 17 |
United Kingdom | 3 |
Costa Rica | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
Georgian's recent investments
Georgian has made 9 investments in 2026 so far. Defend the Dominion and Cyera are the latest among them.Here are the most recent investments by Georgian:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 30, 2026 | Canada | Series A | 2114 | [+12] | |
Jun 02, 2026 | United States | Series G | 5985 | ||
Apr 16, 2026 | United States | Series B | 3342 | [+1] | |
Mar 11, 2026 | United States | Series D | 5899 | [+10] | |
Feb 17, 2026 | United States | Series C | 6932 | [+3] |
Unicorns in Georgian's Portfolio
Georgian has 17 unicorns in its portfolio - Render, Bedrock Robotics, You Technologies and others. The most recent unicorn in their portfolio is Render. It became a unicorn in 2026, 1 years after Georgian first invested in it.Here is a list of unicorns in Georgian's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Unified cloud platform for building, deploying, and managing scalable web applications | 2018 | San Francisco | Series C | lgvrkfm | ||
65 | Developer of autonomous technology for transforming construction and industrial equipment | 2024 | San Francisco | Series B | eebxnfl | ||
74 | AI-enabled key-word based private search engine | 2020 | Palo Alto | Series C | xemcqmg | ||
70 | Provider of AI-based medical scribe software for providers | 2020 | San Francisco | Series C | jzobrgh | ||
64 | Provider of cloud infrastructure for data protection and analytics access | 2024 | New York City | Series D | umtuqsc |
IPOs and Publicly Listed companies in Georgian's Portfolio
9 of Georgian's portfolio companies have become public. Xanadu got listed on the Toronto Stock Exchange (TSX), in Mar 2026 at marketcap of $433M and Disco got listed on the New York Stock Exchange (NYSE) at marketcap of $1.8B.Here are Georgian's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 26, 2026 | Jun 24, 2019 | Series A | 7234 | |
Jul 21, 2021 | Jan 24, 2019 | Series E | 2622 | |
Mar 31, 2014 | Oct 17, 2011 | Series B | 7350 | |
Mar 20, 2014 | - | - | 8646 | |
Oct 11, 2006 | - | - | 2080 |
Acquired companies in Georgian's Portfolio
31 companies from Georgian's portfolio have been acquired. The most recent acquisition was Dagster in Jul 2026 by Prefect for $*****.Here are Georgian's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 13, 2026 | May 24, 2023 | Series B | 4254 | |
Jul 07, 2026 | May 29, 2019 | Series D | 2073 | |
May 13, 2026 | Feb 04, 2016 | Series B | 8151 | |
Feb 06, 2026 | Jan 24, 2017 | Series D | 8713 | |
Dec 23, 2025 | Feb 09, 2021 | Series C | 1740 |
Team profile of Georgian
Georgian has a team of 46 members including 7 Partners and 17 Principals located in Canada, United States and 1 more location. Georgian's team does not sit on the board of any company as of now.Here is a list of top team members in Georgian:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Partner | Toronto | - | - | |
Partner | Canada | - | - | |
Partner | Toronto | - | ||
Partner | Portland | - | - | |
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - |
Co-investors of Georgian
Over the past 15 years, 596 investors have co-invested in Georgian's portfolio companies. This includes funds and angels.
- Invested before Georgian: Insight Partners, FirstMark and 307 others have invested in rounds before Georgian. There are 8 companies where Insight Partners has invested before Georgian and 5 companies where FirstMark has invested before Georgian.
- Top Co-investors of Georgian: 126 investors entered a company along with Georgian. These include investors like Bessemer Venture Partners (3 companies).
- Invested after Georgian: A total of 161 investors have invested in Georgian's portfolio after their investments. Top Investors include BMO (6 companies), SLW (3 companies) and Insight Partners (2 companies).
Recent News related to Georgian
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Dominion Dynamics raises $100M Series A for defense tech, with Polish fund Expeditions participatingMy Company Polska•Jul 01, 2026•Georgian, Dominion Dynamics
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Supabase Raises $500 Million in Series F Funding Round Amid AI Agent BoomPYMNTS.com•Jun 04, 2026•Peak XV Partners, Supabase, Coatue, Craft Ventures and 10 others
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Expo Raises $45M Series B and Launches Expo AgentPR Newswire•Apr 16, 2026•Expo, Georgian, Leadout Capital, A.Capital Ventures and 2 others
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Replit Closes $400M Series D FundingMassinvestor•Mar 16, 2026•Replit, Georgian, Prysm Capital, Accenture and 2 others
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Replit Snags $9B Valuation 6 Months After Hitting $3BTechCrunch+•Mar 12, 2026•Replit, Georgian, Craft Ventures, Andreessen Horowitz and 10 others
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Render Raises $100M Series C Extension, Valued at $1.5B, Betting Big on the AI-Native CloudTechnologies.org•Feb 18, 2026•Render, Addition, 01 Advisors, Georgian and 7 others
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SurrealDB Raises $23M to Expand AI-Native Multimodel DatabaseSiliconAngle•Feb 17, 2026•SurrealDB, Chalfen Ventures, Begin Capital, FirstMark and 1 other
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Multi-model AI database group SurrealDB extends Series A with £17mUKTN•Feb 17, 2026•FirstMark, SurrealDB, Chalfen Ventures, Begin Capital and 1 other
