About Haystack
Haystack is a venture capital firm founded in 2013. It is primarily based out of Menlo Park, United States. As of Apr 2026, Haystack is an active investor, having invested in 255 companies, with 9 new investments in the last 12 months. It primarily invests in Seed 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 $***** Seed round of Soma Energy Overall, Haystack portfolio has seen 15 unicorns, 6 IPOs and 31 acquisitions including key companies like DoorDash, Instacart and Carta. A lot of funds co-invest with Haystack, with names like Indian Angel Network sharing a substantial percentage of its portfolio. Haystack has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Deals in last 12 months
Haystack's List of Top Investments
Haystack has a portfolio of 255 companies, including 15 unicorns. Their most notable investments are in Drink.ist and Onos Health.Their portfolio spans across United States, India, Canada and 9 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 31 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Haystack:1. DoorDash
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $13.7B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,104 as on Apr 30, 2026
- Investors: Fidelity Investments, Galtymore Partners and 53 Others
- Latest Funding Round: Series H, Jun 18, 2020, $*****
- Highlight: Public
2. Instacart
Operator of an online marketplace providing grocery and delivery services. The platform connects customers with personal shoppers who fulfill orders from various retailers. Customers can select items, chat with shoppers, and schedule delivery or pickup. The marketplace offers a range of grocery, household, and other retail products. It also provides options for membership and business accounts.
Key facts about Instacart
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $3.74B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.93B
- Employee Count: 24,655 as on Apr 30, 2026
- Investors: Kaplan Group Investments, TCV and 82 Others
- Latest Funding Round: Series F, Oct 15, 2021, $*****
- Highlight: Public
3. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 2,077 as on Apr 30, 2026
- Investors: Meritech, Silver Lake and 134 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
4. Figma
Developer of a collaborative interface design and digital whiteboard platform. It provides tools for design, prototyping, and development handoff. The platform offers features for creating design systems, presentations, and websites. It also includes AI-powered tools for code generation and design assistance. The platform supports various use cases, including UX design, wireframing, and strategic planning.
Key facts about Figma
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $749M
- Employee Count: 2,877 as on Apr 30, 2026
- Investors: Kaplan Group Investments, Fidelity Investments and 57 Others
- Latest Funding Round: Series F, May 15, 2024, $*****
- Highlight: Public
5. Opendoor
Provider of an app-based reseller of residential properties. The platform enables property sellers to information about the property, schedule video assessments, and receive offers based on comparative market analysis. Provides home inspection and mortgage solutions. Their app is available on Android and iOS devices.
Key facts about Opendoor
- Founded Year: 2014
- Location: Tempe (United States)
- Stage: Public
- Total Funding till date: $1.35B
- Employee Count: 1,404 as on Apr 30, 2026
- Investors: Access Industries, Vibhu Venture Partners and 75 Others
- Latest Funding Round: Post IPO, Aug 18, 2021, $*****
- Highlight: Public
Haystack's Year-on-Year Investment Trends
Haystack has invested in 255 companies over the last 13 years, with an average of 15 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of Apr 2026, it has made 5 investments in this year. Its most recent first time investment was in Soma Energy and most recent follow-on round was in Oboe.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 0 | 5 |
2025 | 6 | 4 | 10 |
2024 | 22 | 11 | 33 |
2023 | 17 | 11 | 28 |
2022 | 30 | 8 | 38 |
2021 | 27 | 22 | 49 |
2020 | 17 | 4 | 21 |
2019 | 13 | 2 | 15 |
2018 | 9 | 0 | 9 |
2017 | 5 | 4 | 9 |
Haystack's Investments by Stage
Haystack has made 124 investments in Seed stage with an average round size of $2.38M, 33 investments in Series A stage with an average round size of $8.44M and 6 investments in Series B stage with an average round size of $29.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 124 |
Series A | 33 |
Series B | 6 |
Series C | 4 |
Series D | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Haystack's Investments by Sector
Haystack has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Vertical SaaS and Enterprise Infrastructure. Notably, it has invested in 226 Tech companies, 184 Enterprise (B2B) companies, 165 Software companies and at least 104 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 89 |
High Tech | 34 |
Consumer | 30 |
Vertical SaaS | 24 |
Enterprise Infrastructure | 19 |
Others | 200 |
Note: We have considered here, only first round of investments
Haystack's Investments by Geography
Haystack has made most investments in United States (81), followed by India where it has made 80 investments.Country | No. of Investments |
|---|---|
United States | 81 |
India | 80 |
Canada | 6 |
Germany | 1 |
Iceland | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Haystack's recent investments
Haystack has made 5 investments in 2026 so far. Soma Energy and Neion Bio are the latest among them.Here are the most recent investments by Haystack:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 03, 2026 | Canada | Seed | 8632 | [+5] | |
Mar 27, 2026 | United States | Seed | 1508 | [+1] | |
Mar 20, 2026 | United States | Series A | 6850 | ||
Mar 10, 2026 | United States | Series C | 5183 | [+2] | |
Jan 23, 2026 | United States | Seed | 5244 | [+4] |
Unicorns in Haystack's Portfolio
Haystack has 15 unicorns in its portfolio - Nominal, Hadrian, Redpanda and others. The most recent unicorn in their portfolio is Nominal. It became a unicorn in 2026, 1 years after Haystack first invested in it.Here is a list of unicorns in Haystack's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Provider of a unified industrial data stack for hardware engineering | 2017 | Los Angeles | Series B | syjnblb | ||
65 | Builder of AI‑driven autonomous factories that manufacture precision components | 2021 | Los Angeles | Series C | hdghzio | ||
63 | Cloud based platform offering solutions for streaming events | 2019 | San Francisco | Series D | alfqwnf | ||
67 | Developer of autonomous surface vessels for naval and maritime forces | 2022 | Austin | Series D | mwlsdqd | ||
75 | Provider of professional apprenticeship programs for data and technology skills | 2016 | London | Series D | mtf{{gz |
IPOs and Publicly Listed companies in Haystack's Portfolio
6 of Haystack's portfolio companies have become public. Figma got listed on the New York Stock Exchange (NYSE), in Jul 2025 at marketcap of $13.5B and Instacart got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $8.3B.Here are Haystack's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 31, 2025 | - | - | 2138 | |
Sep 19, 2023 | - | - | 1060 | |
Dec 22, 2022 | Jul 30, 2021 | Series B | 2591 | |
Nov 04, 2021 | - | - | 1281 | |
Dec 21, 2020 | - | - | 1587 |
Acquired companies in Haystack's Portfolio
31 companies from Haystack's portfolio have been acquired. The most recent acquisition was Finley in Mar 2026 by Concord Servicing LLC for $*****.Here are Haystack's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 02, 2026 | Jun 14, 2021 | Seed | 3927 | |
Jan 21, 2026 | - | - | 2485 | |
Jan 19, 2026 | Jan 12, 2022 | Seed | 8963 | |
Nov 13, 2025 | Sep 2020 | Seed | 7946 | |
Oct 15, 2025 | - | - | 5727 |
Team profile of Haystack
Haystack has a team of 5 members including 2 Partners and 2 Principals located in United States. Haystack's team does not sit on the board of any company as of now.Here is a list of all team members in Haystack:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mill Valley | - | ||
Partner | San Francisco | - | ||
Principal | San Francisco | - | ||
Principal | Orlando | - | - |
Co-investors of Haystack
Over the past 13 years, 4359 investors have co-invested in Haystack's portfolio companies. This includes funds and angels.
- Invested before Haystack: Indian Angel Network, Y Combinator and 1401 others have invested in rounds before Haystack. There are 14 companies where Indian Angel Network has invested before Haystack and 14 companies where Y Combinator has invested before Haystack.
- Top Co-investors of Haystack: 1932 investors entered a company along with Haystack. These include investors like Indian Angel Network (57 companies).
- Invested after Haystack: A total of 1024 investors have invested in Haystack's portfolio after their investments. Top Investors include Tiger Global Management (8 companies), Haystack TV (4 companies) and Rajgarhia Leasing And Financial (4 companies).
Recent News related to Haystack
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Soma Energy Raises $7M in Pre-Seed and Seed FundingFinSMEs•Apr 03, 2026•TO VC, Haystack, Panache Ventures, Uncork Capital and 4 others
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Neion Bio Emerges from Stealth; Raised USD11M To DateFinSMEs•Mar 27, 2026•Caffeinated, Neion Bio, Haystack, Basis Set Ventures
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Moxie Raises $25M in Series C FundingFinSMEs•Mar 10, 2026•Moxie, Viewpoint Ventures, Haystack, SignalFire
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Sequoia leads $5m seed round for AI calendar startup BlockitTech in Asia•Jan 23, 2026•Blockit, Sequoia Capital, Haystack, Adjacent
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EraDrive raises $5.3 million for software-hardware kits to enhance satellite autonomySpaceNews•Dec 16, 2025•Entropy IC Management LLC, Point Nine, Brave Capital, Haystack and 3 others
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AlphaXiv Secures $7M Funding to Revolutionize AI Research as the GitHub of AISiliconAngle•Nov 19, 2025•alphaXiv, SHAKTI, Haystack, Menlo Ventures and 4 others
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Onos Health Raises $6M in FundingFinSMEs•Oct 09, 2025•Onos Health, Bertelsmann, Pathlight Ventures, Nebular and 1 other
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Bench IQ secures $5.3M to enhance judicial insights through AI platformSiliconAngle•Aug 28, 2025•Bench IQ, Battery Ventures, Inovia Capital, Canadian Imperial Bank of Commerce and 4 others
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Pangram Secures $4 Million Seed Funding for AI Detection Technologyintelligence360•Jul 02, 2025•Pangram, ScOp Venture Capital, Script Capital, Cadenza and 1 other
