About Haystack
Haystack is a venture capital firm founded in 2013. It is primarily based out of Menlo Park, United States. As of Oct 2026, Haystack is an active investor, having invested in 261 companies, with 12 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 $***** Series A round of Rasa World Overall, Haystack portfolio has seen 16 unicorns, 6 IPOs and 32 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 4 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 261 companies, including 16 unicorns. Their most notable investments are in Drink.ist and alphaXiv.Their portfolio spans across United States, India, Canada and 8 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 32 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: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,579 as on May 31, 2026
- Investors: Founders Circle Capital, Owl Rock and 57 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: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.93B
- Employee Count: 25,341 as on Aug 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 85 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: 5,586 as on Aug 31, 2026
- Investors: Meritech, Silver Lake and 140 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: Fidelity Investments, Spur Capital and 60 Others
- Latest Funding Round: Series F, May 15, 2024, $*****
- Highlight: Public
5. Opendoor
Provider of digital platforms for buying and selling residential property. The business facilitates real estate transactions by enabling owners to list properties for sale and providing buyers with direct purchase options. It manages the underlying processes for home exchanges and coordinates with homebuilders to offer inventory to prospective buyers.
Key facts about Opendoor
- Founded Year: 2014
- Location: Tempe (United States)
- Stage: Public
- Total Funding till date: $1.35B
- Employee Count: 1,449 as on Aug 31, 2026
- Investors: Access Industries, Vibhu Venture Partners and 76 Others
- Latest Funding Round: Post IPO, Aug 18, 2021, $*****
- Highlight: Public
Haystack's Year-on-Year Investment Trends
Haystack has invested in 261 companies over the last 13 years, with an average of 16 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of Oct 2026, it has made 17 investments in this year. Its most recent first time investment was in Rasa World and most recent follow-on round was in Trebellar.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 10 | 7 | 17 |
2025 | 6 | 4 | 10 |
2024 | 21 | 13 | 34 |
2023 | 18 | 11 | 29 |
2022 | 30 | 9 | 39 |
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 127 investments in Seed stage with an average round size of $2.55M, 36 investments in Series A stage with an average round size of $9.8M and 6 investments in Series B stage with an average round size of $29.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 127 |
Series A | 36 |
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 229 Tech companies, 188 Enterprise (B2B) companies, 166 Software companies and at least 105 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 91 |
High Tech | 36 |
Consumer | 29 |
Vertical SaaS | 25 |
Enterprise Infrastructure | 18 |
Others | 205 |
Note: We have considered here, only first round of investments
Haystack's Investments by Geography
Haystack has made most investments in United States (85), followed by India where it has made 81 investments.Country | No. of Investments |
|---|---|
United States | 85 |
India | 81 |
Canada | 6 |
Iceland | 1 |
Israel | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Haystack's recent investments
Haystack has made 17 investments in 2026 so far. Rasa World and Trebellar are the latest among them.Here are the most recent investments by Haystack:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 02, 2026 | - | Series A | 8293 | ||
Sep 24, 2026 | United States | Series A | 1324 | [+3] | |
Sep 17, 2026 | United States | Seed | 3506 | [+2] | |
Aug 20, 2026 | United States | Seed | 7088 | [+5] | |
Jul 29, 2026 | United States | Series A | 6179 | [+3] |
Unicorns in Haystack's Portfolio
Haystack has 16 unicorns in its portfolio - Norm Ai, Exa, Nominal and others. The most recent unicorn in their portfolio is Norm Ai. It became a unicorn in 2026, 2 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 |
|---|---|---|---|---|---|---|---|
59 | Provider of AI agents for legal and regulatory compliance workflows | 2023 | New York City | Series C | qd{capq | ||
63 | Provider of web search, AI search engine, and website crawler tools | 2021 | San Francisco | Series C | bkboqmd | ||
63 | Provider of a unified industrial data stack for hardware engineering | 2017 | Los Angeles | Series B | exyivvw | ||
60 | Manufacturer of precision components and automated factory systems | 2021 | Torrance | Series D | mawdmkr | ||
63 | Cloud based platform offering solutions for streaming events | 2019 | San Francisco | Series D | vmhjbyz |
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 | - | - | 5455 | |
Sep 19, 2023 | - | - | 8967 | |
Dec 22, 2022 | Jul 30, 2021 | Series B | 5084 | |
Nov 04, 2021 | - | - | 8541 | |
Dec 21, 2020 | - | - | 2185 |
Acquired companies in Haystack's Portfolio
32 companies from Haystack's portfolio have been acquired. The most recent acquisition was Dagster in Jul 2026 by Prefect for $*****.Here are Haystack's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 13, 2026 | - | - | 3422 | |
Mar 02, 2026 | Jun 14, 2021 | Seed | 3408 | |
Jan 21, 2026 | - | - | 9766 | |
Jan 19, 2026 | Jan 12, 2022 | Seed | 5484 | |
Nov 13, 2025 | Sep 2020 | Seed | 8651 |
Team profile of Haystack
Haystack has a team of 4 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, 4457 investors have co-invested in Haystack's portfolio companies. This includes funds and angels.
- Invested before Haystack: Indian Angel Network, Y Combinator and 1408 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: 1980 investors entered a company along with Haystack. These include investors like Indian Angel Network (58 companies).
- Invested after Haystack: A total of 1067 investors have invested in Haystack's portfolio after their investments. Top Investors include Tiger Global Management (8 companies), Haystack TV (4 companies) and Insight Partners (4 companies).
Recent News related to Haystack
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Polyphron Raises $20M in Seed Funding for Drug DevelopmentFinSMEs•Sep 17, 2026•Gradient Ventures, Polyphron, Haystack, Quiet Capital and 1 other
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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
