About Gratitude Railroad
Gratitude Railroad is a venture capital firm founded in 2013. It is primarily based out of Park City, United States. As of Jan 2026, Gratitude Railroad is an active investor, having invested in 46 companies, with 2 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 Environment Tech to Enterprise Applications and High Tech. Most recently it participated in the $***** Series B round of Origin Overall, Gratitude Railroad portfolio has seen 7 acquisitions including key companies like Solstice, Imperfect Foods and Little Otter. A lot of funds co-invest with Gratitude Railroad, with names like Impact Engine sharing a substantial percentage of its portfolio. Gratitude Railroad has team of 16 people including 10 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Gratitude Railroad's List of Top Investments
Gratitude Railroad has a portfolio of 46 companies. Their most notable investments are in StormSensor and Cadence Health.Their portfolio spans across and United States. They have invested in Environment Tech, Enterprise Applications, High Tech and 22 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Gratitude Railroad:1. Solstice
Community solar provider unlocking clean energy access and savings for all. This organization focuses on expanding access to solar energy through community solar gardens, enabling individuals and businesses to benefit from solar power without needing to install panels on their property. They connect subscribers to local solar projects, providing credits on their electricity bills based on the solar garden's production. This model promotes affordable, accessible, and responsible energy consumption, supporting a cleaner and more equitable energy grid. They offer a platform for individuals, households, developers, and businesses to participate in the clean energy transition, fostering a community-driven approach to sustainability. The organization emphasizes ease of enrollment, cost savings, and environmental impact, making solar energy accessible to a broader audience. They provide customer support, educational resources, and partnership opportunities to further their mission of equitable access to clean energy.
Key facts about Solstice
- Founded Year: 2016
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $7.44M
- Employee Count: 37 as on May 31, 2026
- Investors: Elemental, SE Ventures and 24 Others
- Latest Funding Round: Seed, Jan 15, 2021, $*****
- Highlight: Acquired
2. PosiGen
Key facts about PosiGen
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Series E
- Total Funding till date: $280M
- Employee Count: 347 as on May 31, 2026
- Investors: Ares Capital Corporation, Activate Capital and 24 Others
- Latest Funding Round: Venture Debt, May 17, 2024, $*****
- Highlight: Editors' Pick
Imperfect Foods is an online subscription-based platform offering surplus groceries. The company's offerings include grocery staples, snacks, meat, and dairy items to its consumers. It enables them to purchase food products at discounted prices as compared to traditional grocery stores.
Key facts about Imperfect Foods
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $229M
- Employee Count: 373 as on May 31, 2026
- Investors: Founders Circle Capital, Shasta Ventures and 29 Others
- Latest Funding Round: Series D, Feb 08, 2021, $*****
- Highlight: Acquired
Accessible virtual care for women's sexual and reproductive health. They provide convenient and affordable access to essential healthcare services, including birth control, emergency contraception, abortion support, UTI and STI treatments, and more. The platform offers virtual consultations with licensed healthcare providers, prescription delivery, and a range of over-the-counter products. They focus on inclusive care for medically underserved groups, offering no-cost care options for eligible individuals. The company operates on a subscription-based model, providing standard and basic care plans with varying levels of access to products, services, and support. They also partner with various health plans to expand access to their services. They are committed to empowering individuals with trusted information and convenient access to reproductive and sexual health resources. This is a B2C healthcare platform leveraging telehealth to provide accessible and affordable women's health services.
Key facts about Twentyeight Health
- Founded Year: 2018
- Location: Brooklyn (United States)
- Stage: Series A
- Total Funding till date: $41.6M
- Employee Count: 49 as on May 31, 2026
- Investors: Aglae Ventures, Third Prime and 28 Others
- Latest Funding Round: Series A, Jan 08, 2025, $*****
- Highlight: Editors' Pick
5. Little Otter
Provider of online doctor consultation platform for children's health. The company offers a telehealth platform that allows users to find doctors based on their requirements and can schedule an appointment with them. Users can book services with a pediatrician for multiple treatments like a child's mental health treatment, neurological disorders, cold, fever, cough, and more.
Key facts about Little Otter
- Founded Year: 2020
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $36.4M
- Employee Count: 119 as on May 31, 2026
- Investors: CRV, BoxGroup and 16 Others
- Latest Funding Round: Series A, Sep 15, 2025, $*****
- Highlight: Acquired
Gratitude Railroad's Year-on-Year Investment Trends
Gratitude Railroad has invested in 46 companies over the last 8 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Origin and most recent follow-on round was in Twentyeight Health.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 1 | 3 |
2024 | 3 | 1 | 4 |
2023 | 1 | 0 | 1 |
2022 | 2 | 0 | 2 |
2021 | 4 | 1 | 5 |
2020 | 2 | 0 | 2 |
2019 | 1 | 1 | 2 |
2018 | 2 | 0 | 2 |
Gratitude Railroad's Investments by Stage
Gratitude Railroad has made 9 investments in Series A stage with an average round size of $8.88M, 6 investments in Seed stage with an average round size of $5.81M and 3 investments in Series B stage with an average round size of $16M.Stage of entry | No. of Investments |
|---|---|
Series A | 9 |
Seed | 6 |
Series B | 3 |
Note: We have considered here, only first round of investments
Gratitude Railroad's Investments by Sector
Gratitude Railroad has a diverse portfolio, with companies operating in the Sustainability Tech, Consumer, Environment Tech, HealthTech and Healthcare. Notably, it has invested in 21 Enterprise (B2B) companies, 20 Tech companies, 17 Consumer (B2C) companies and at least 5 companies focusing on Social impact.Sector | No. of Investments |
|---|---|
Sustainability Tech | 5 |
Consumer | 3 |
Environment Tech | 3 |
HealthTech | 3 |
Healthcare | 3 |
Others | 18 |
Note: We have considered here, only first round of investments
Gratitude Railroad's Investments by Geography
Gratitude Railroad has made most investments in United States (18).Gratitude Railroad's recent investments
Gratitude Railroad has made 1 investments in 2026 so far - Origin.Here are the most recent investments by Gratitude Railroad:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 28, 2026 | United States | Series B | 7738 | [+5] | |
Oct 06, 2025 | United States | Series A | 9822 | [+3] | |
Feb 05, 2025 | United States | Series A | 3831 | [+6] | |
Jan 08, 2025 | United States | Series A | 2039 | [+5] | |
Dec 18, 2024 | United States | Series A | 7504 | [+5] |
Acquired companies in Gratitude Railroad's Portfolio
7 companies from Gratitude Railroad's portfolio have been acquired. The most recent acquisition was Solstice in Feb 2026 by Perch Energy for $*****.Here are Gratitude Railroad's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 19, 2026 | Jan 15, 2021 | Seed | 7877 | |
Nov 07, 2025 | - | - | 4898 | |
Oct 14, 2025 | Feb 05, 2025 | Series A | 7326 | |
Sep 07, 2022 | - | - | 8189 | |
Mar 16, 2022 | May 16, 2018 | Series A | 8371 |
Team profile of Gratitude Railroad
Gratitude Railroad has a team of 16 members including 10 Partners, 1 Venture Partner and 1 Principal located in United States. Gratitude Railroad's team does not sit on the board of any company as of now.Here is a list of top team members in Gratitude Railroad:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | Park City | - | ||
Partner | Salt Lake City | - | - | |
Partner | New York City | - | - | |
Partner | Chicago | - | - | |
Partner | New York City | - | - | |
Partner | San Francisco | - | - |
Co-investors of Gratitude Railroad
Over the past 8 years, 202 investors have co-invested in Gratitude Railroad's portfolio companies. This includes funds and angels.
- Invested before Gratitude Railroad: Techstars, Right Side Capital Management and 62 others have invested in rounds before Gratitude Railroad. There are 2 companies where Techstars has invested before Gratitude Railroad and 2 companies where Right Side Capital Management has invested before Gratitude Railroad.
- Top Co-investors of Gratitude Railroad: 101 investors entered a company along with Gratitude Railroad. These include investors like Impact Engine (2 companies).
- Invested after Gratitude Railroad: A total of 37 investors have invested in Gratitude Railroad's portfolio after their investments. Top Investors include United States Department of Agriculture (2 companies), Impact America Fund (1 company) and Maycomb Capital (1 company).
Recent News related to Gratitude Railroad
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Origin Raises Series B FundingFinSMEs•Jan 28, 2026•State of California, Origin, BVF, Gratitude Railroad and 1 other
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Climax Foods Rebrands to Bettani Farms, Secures $6.5M Funding, Appoints Sandeep Patel as CEOPR Newswire•Oct 06, 2025•S2G Investments, At One Ventures, Manta Ray Ventures, Gratitude Railroad and 3 others
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Cofertility Secures Series A Funding to Revolutionize FertilityBusiness Wire•Apr 16, 2025•CoFertility, Next Ventures, Offline Ventures, Arkitekt Ventures and 6 others
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Little Otter Secures $9.5 Million to Transform Family Mental Health Nationwideintelligence360•Feb 21, 2025•Little Otter, Fiore, Pivotal Ventures, Torch Capital and 5 others
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Little Otter Secures $9.5M for Digital Whole-Family Mental HealthHIT Consultant•Feb 06, 2025•Little Otter, Gratitude Railroad, Next Legacy, Springbank Distillers and 2 others
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Little Otter Raises $9.5M in FundingFinSMEs•Feb 05, 2025•Little Otter, Pivotal Ventures, Springbank Distillers, CRV and 5 others
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itselectric Raises $6.5M in Seed FundingFinSMEs•Jul 16, 2024•itselectric, Failup Ventures, Uber, Halogen Ventures and 13 others
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Mae Health Closes Seed Funding RoundFinSMEs•May 07, 2024•Meet Mae, Jumpstart Nova, Astia, Impact Engine and 6 others
