About Granite Ventures
Granite Ventures is a venture capital firm founded in 1992. It is primarily based out of San Francisco, United States. As of Aug 2019, Granite Ventures has invested in 107 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series F round of Lucidworks Overall, Granite Ventures portfolio has seen 8 IPOs and 71 acquisitions including key companies like Airbnb, Anaplan and Shutterfly. A lot of funds co-invest with Granite Ventures, with names like Adobe sharing a substantial percentage of its portfolio. Granite Ventures has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 7 more
Portfolio IPOs
Portfolio Soonicorns
Granite Ventures' List of Top Investments
Granite Ventures has a portfolio of 107 companies. Their most notable investments are in Smule and Lucidworks.Their portfolio spans across United States, Canada, Brazil and 2 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 23 other sectors, across stages such as Series A, Series B and 7 more. Here is the list of top investments by Granite Ventures:1. Airbnb
Provider of accommodations, experiences, and related services through an online platform. The platform facilitates connections between hosts and individuals seeking lodging and activities. It offers a variety of options for stays and curated experiences. The platform also provides resources for individuals interested in becoming hosts.
Key facts about Airbnb
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $3.07B
- Employee Count: 72,164 as on Jul 31, 2026
- Investors: 2020 Ventures, Silver Lake and 164 Others
- Latest Funding Round: Series E, Apr 06, 2020, $*****
- Highlight: Public
2. Anaplan
Provider of cloud-based platform for scenario planning, analysis, and reporting. The platform offers applications for finance, sales, marketing, supply chain, and human resources. It provides data management, modeling, and planning experience capabilities. The platform also features AI agents for real-time scenario modeling.
Key facts about Anaplan
- Founded Year: 2006
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $300M
- Employee Count: 2,963 as on Jul 31, 2026
- Investors: HTIF, Meritech and 28 Others
- Latest Funding Round: Series F, Dec 05, 2017, $*****
- Highlight: Acquired
3. Shutterfly
Shutterfly is a personalized photo-based products provider. Users can create personalized photo books, photo postcards, photo gifts, home decor, photo calendars, etc. Also provides several other photo-based services and products under different brand names.
Key facts about Shutterfly
- Founded Year: 1999
- Location: Redwood City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2018
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $70.5M
- Employee Count: 8,677 as on May 31, 2026
- Investors: Adobe, SVB and 12 Others
- Latest Funding Round: Series D, Jul 11, 2006, $*****
- Highlight: Acquired
4. Marqeta
Provider of a platform for modern card issuing and payment solutions. The platform allows businesses to integrate end-to-end credit and payment solutions. It enables the creation of tailored payment experiences and new card products. The platform offers features such as spend controls, fraud detection, and compliance tools. It facilitates the issuing of virtual cards and supports global expansion. The platform provides open APIs for creating payment products.
Key facts about Marqeta
- Founded Year: 2010
- Location: Oakland (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $528M
- Employee Count: 1,045 as on Jul 31, 2026
- Investors: HTIF, Harvest Growth Capital and 63 Others
- Latest Funding Round: Series E, Oct 08, 2020, $*****
- Highlight: Public
5. HireVue
Provider of AI-powered platform for skill validation, interviewing, and talent engagement. The platform offers solutions for campus, professional, hourly, technical, and internal mobility hiring. It provides tools for video interviewing, assessments, and workflow automation. The platform integrates with applicant tracking systems and offers features such as automated scheduling and multilingual support.
Key facts about HireVue
- Founded Year: 2004
- Location: South Jordan (United States)
- Stage: Acquired
- Total Funding till date: $93.4M
- Employee Count: 331 as on Jul 31, 2026
- Investors: HighGear Ventures, Sequoia Capital and 13 Others
- Latest Funding Round: Series E, Jun 02, 2015, $*****
- Highlight: Acquired
Granite Ventures' Investments by Stage
Granite Ventures has made 26 investments in Series A stage with an average round size of $8.62M, 23 investments in Series B stage with an average round size of $16M and 8 investments in Series C stage with an average round size of $19.1M.Stage of entry | No. of Investments |
|---|---|
Series A | 26 |
Series B | 23 |
Series C | 8 |
Seed | 5 |
Series D | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Granite Ventures' Investments by Sector
Granite Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Semiconductors, High Tech and Media & Entertainment. Notably, it has invested in 83 Tech companies, 78 Enterprise (B2B) companies, 51 Software companies and at least 28 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 36 |
Enterprise Infrastructure | 13 |
Semiconductors | 8 |
High Tech | 7 |
Media & Entertainment | 7 |
Others | 44 |
Note: We have considered here, only first round of investments
Granite Ventures' Investments by Geography
Granite Ventures has made most investments in United States (63), followed by Canada where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 63 |
Canada | 3 |
Brazil | 1 |
Israel | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Granite Ventures' recent investments
Granite Ventures has not made any investment in 2026 so far.Here are the most recent investments by Granite Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 12, 2019 | United States | Series F | 7832 | [+4] | |
Mar 21, 2019 | United States | Series E | 6928 | [+10] | |
May 03, 2018 | United States | Series E | 9473 | ||
Dec 05, 2017 | United States | Series F | 4505 | [+5] | |
Jun 2017 | United States | Series D | 2025 | [+5] |
IPOs and Publicly Listed companies in Granite Ventures' Portfolio
8 of Granite Ventures' portfolio companies have become public. Marqeta got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2021 at marketcap of $14.3B and Idun Pharmaceuticals got listed on the Stockholm Stock Exchange (STO).Here are Granite Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 09, 2021 | Mar 13, 2013 | Series B | 2405 | |
Mar 26, 2021 | Dec 09, 2002 | Series A | 3771 | |
Feb 05, 2016 | - | - | 9185 | |
Feb 05, 2010 | - | - | 4959 | |
Oct 16, 2008 | - | - | 5512 |
Acquired companies in Granite Ventures' Portfolio
71 companies from Granite Ventures' portfolio have been acquired. The most recent acquisition was Codeworks in Nov 2025 by LRS for $*****.Here are Granite Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 18, 2025 | - | - | 3888 | |
Nov 10, 2023 | - | - | 5257 | |
Aug 02, 2022 | - | - | 2069 | |
Mar 20, 2022 | Jan 19, 2012 | Series B | 8885 | |
Nov 24, 2021 | - | - | 2868 |
Team profile of Granite Ventures
Granite Ventures has a team of 3 members including 2 Partners located in United States. Granite Ventures' team does not sit on the board of any company as of now.Co-investors of Granite Ventures
Over the past 31 years, 300 investors have co-invested in Granite Ventures's portfolio companies. This includes funds and angels.
- Invested before Granite Ventures: Greylock Partners, Redpoint Ventures and 39 others have invested in rounds before Granite Ventures. There are 3 companies where Greylock Partners has invested before Granite Ventures and 2 companies where Redpoint Ventures has invested before Granite Ventures.
- Top Co-investors of Granite Ventures: 127 investors entered a company along with Granite Ventures. These include investors like Adobe (5 companies).
- Invested after Granite Ventures: A total of 132 investors have invested in Granite Ventures's portfolio after their investments. Top Investors include SVB (4 companies), In-Q-Tel (3 companies) and Harmony Partners (2 companies).
Recent News related to Granite Ventures
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Fintech Marqeta Raises $140 Million at Huge $4.3 Billion ValuationCrowdfund Insider•May 28, 2020•Marqeta, FT Partners, Goldman Sachs, Visa and 13 others
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Carlyle Group Makes Large Investment In AI Hiring Firm HireVuePYMNTS.com•Sep 03, 2019•HireVue, The Carlyle Group, TCV, Sequoia Capital and 3 others
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Marqeta Completes $260 Million Series E Fundraise, as Its Modern Card Issuing Platform Takes on Global ScaleBusiness Wire•May 21, 2019•Marqeta, Coatue, Vitruvian Partners, Spark Capital and 9 others
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Marqeta Raises Additional $45 Million in Funding led by ICONIQ CapitalPR Newswire•Jun 05, 2018•Marqeta, Goldman Sachs, Iconiq Capital, Visa and 6 others
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Lucidworks raises $50 million for companies to build smarter search into their applicationsVentureBeat•May 03, 2018•Lucidworks, Top Tier Capital Partners, Silver Lake, Shasta Ventures and 3 others
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Anaplan raises $60 million to drive continued, global growthAnaplan•Dec 05, 2017•Anaplan, Salesforce, Top Tier Capital Partners, Premji Invest and 4 others
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Marqeta Closes $25 Million - NewsCenter.ioNewsCenter•Jul 27, 2017•Marqeta, Visa, Commerce Ventures, 83NORTH and 4 others
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Mojo Networks Receives $30MMassinvestor•Feb 09, 2017•Mojo Networks, Presidio Partners, Granite Ventures, ForgePoint Capital and 3 others
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