About Incisive Ventures
Incisive Ventures is a venture capital firm founded in 2020. It is primarily based out of Seattle, United States. As of Oct 2026, Incisive Ventures is an active investor, having invested in 64 companies, with 1 new investment 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 HealthTech and Consumer. Most recently it participated in the $***** Seed round of Intellivisa Overall, Incisive Ventures portfolio has seen 1 unicorn, 1 IPO and 1 acquisition, namely Public, Hapbee and WorkRails. A lot of funds co-invest with Incisive Ventures, with names like Mucker sharing a substantial percentage of its portfolio. Incisive Ventures has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Incisive Ventures' List of Top Investments
Incisive Ventures has a portfolio of 64 companies, one of which is a Unicorn. Their most notable investments are in Katalyst and Fluent.Their portfolio spans across United States, India, Canada and 5 more locations. They have invested in Enterprise Applications, HealthTech, Consumer and 20 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Incisive Ventures:1. Public
Multi-asset investment platform for individuals. It enables investing in stocks, treasuries, bonds, crypto, ETFs, and alternative assets. It allows users to buy and sell shares based on real-time prices. Features tools for accessing historical analysis, tracking investments, referencing news articles for investing, investment thesis, public talks, live news, and more. Application is made available on Android and iOS platforms.
Key facts about Public
- Founded Year: 2019
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $421M
- Employee Count: 895 as on Sep 30, 2026
- Investors: Lakestar, Atlant Ventures and 58 Others
- Latest Funding Round: Series D, Dec 03, 2024, $*****
- Highlight: Editors' Pick
2. Levels
Provider of wearable device for personalized insights into metabolic health. It utilizes biosensors, such as continuous glucose monitors, to provide individuals with data-driven insights into how food affects their health and empower users to make informed lifestyle choices and optimize their metabolic health.
Key facts about Levels
- Founded Year: 2019
- Location: United States
- Stage: Series A
- Total Funding till date: $67M
- Employee Count: 127 as on Sep 30, 2026
- Investors: TriplePoint Capital, For Good Ventures and 36 Others
- Latest Funding Round: Series A, Aug 14, 2024, $*****
- Highlight: Editors' Pick
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3. Portside
Developer of cloud based software for aviation fleet management operations. The platform provides tools for flight scheduling, crew management, charter quoting, and maintenance tracking. It integrates data from various accounting, expense management, and operations systems to streamline workflows for flight departments and charter operators. The software supports automated reporting, financial budgeting, and owner billing processes. Deployment options include cloud environments or on-premises hosting to meet specific security and compliance requirements. Designed for operators of varying sizes, the system enables visibility into financial performance and operational status.
Key facts about Portside
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $70M
- Employee Count: 213 as on Sep 30, 2026
- Investors: Dragoneer Investment Group, Almaz Capital and 16 Others
- Latest Funding Round: Series B, Mar 05, 2026, $*****
- Highlight: Editors' Pick

4. Mugafi
Developer of next-generation AI-assisted writing platform. The software provides tools for research, rewriting, dialogue expansion, and script formatting. It offers quality checks using algorithms and facilitates collaboration with built-in features. The software also includes file management and import/export capabilities. Users can receive feedback from experienced writers to refine their scripts.
Key facts about Mugafi
- Founded Year: 2020
- Location: Gurugram (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $9.08M
- Employee Count: 17 as on Mar 31, 2025
- Investors: Nexus Venture Partners, Mars Shot Ventures and 79 Others
- Latest Funding Round: Seed, Aug 26, 2025, $*****
- Highlight: Editors' Pick
Mango Sciences provides an analytics platform for clinical data for precision medicine and optimizes patient care for populations health. It offers a collaborative platform for clinical scientists, pharmaceutical researchers, and healthcare industry experts. The company propriety platform Querent is AI-based analytics to transform deep clinical data for global health improvements.
Key facts about Mango Sciences
- Founded Year: 2019
- Location: Boston (United States)
- Stage: Seed
- Employee Count: 41 as on Sep 30, 2026
- Investors: Octopus Ventures, BECO Capital and 7 Others
- Latest Funding Round: Seed, Oct 26, 2021, $*****
- Highlight: Editors' Pick
Incisive Ventures' Year-on-Year Investment Trends
Incisive Ventures has invested in 64 companies over the last 5 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Oct 2026, it has made 1 investment in this year. Its most recent first time investment was in Intellivisa and most recent follow-on round was in Tangibly.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
2024 | 2 | 0 | 2 |
2023 | 3 | 1 | 4 |
2022 | 9 | 1 | 10 |
2021 | 11 | 1 | 12 |
Incisive Ventures' Investments by Stage
Incisive Ventures has made 26 investments in Seed stage with an average round size of $2.38M and 3 investments in Series A stage with an average round size of $15.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 26 |
Series A | 3 |
Note: We have considered here, only first round of investments
Incisive Ventures' Investments by Sector
Incisive Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, Consumer and HealthTech. Notably, it has invested in 57 Tech companies, 35 Enterprise (B2B) companies, 35 Software companies and at least 31 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 14 |
FinTech | 7 |
Vertical SaaS | 7 |
Consumer | 6 |
HealthTech | 6 |
Others | 24 |
Note: We have considered here, only first round of investments
Incisive Ventures' Investments by Geography
Incisive Ventures has made most investments in United States (18), followed by India where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 18 |
India | 5 |
Canada | 2 |
Mexico | 2 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Incisive Ventures' recent investments
Incisive Ventures has made 1 investments in 2026 so far - Intellivisa.Here are the most recent investments by Incisive Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 13, 2026 | - | Seed | 2650 | [+6] | |
Jul 15, 2025 | Mexico | Seed | 2528 | [+4] | |
May 20, 2025 | United Kingdom | Seed | 5042 | [+4] | |
Mar 13, 2025 | United States | Seed | 8748 | [+10] | |
Jun 28, 2024 | United States | Seed | 9015 | [+4] |
Unicorns in Incisive Ventures' Portfolio
Incisive Ventures has 1 unicorn in its portfolio - Public. The most recent unicorn in their portfolio is Public which became a unicorn in 2021, 5 years before Incisive Ventures first invested in it.Here is a list of unicorns in Incisive Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
80 | Multi-asset investment platform for individuals | 2019 | New York City | Series D | uqdptpp |
IPOs and Publicly Listed companies in Incisive Ventures' Portfolio
1 of Incisive Ventures' portfolio company became public - Hapbee. It got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V), in Oct 2020 at marketcap of $17.6MHere are Incisive Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 30, 2020 | - | - | 1894 |
Acquired companies in Incisive Ventures' Portfolio
1 company from Incisive Ventures' portfolio has been acquired. The most recent acquisition was WorkRails in Nov 2024 by BigTime for $*****.Here are Incisive Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 07, 2024 | - | - | 6108 |
Team profile of Incisive Ventures
Incisive Ventures has a team of 3 members including 3 Partners located in United States. Incisive Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Incisive Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Spokane | - | ||
Partner | Cleveland | - | - | |
Partner | Leesburg | - | - |
Co-investors of Incisive Ventures
Over the past 5 years, 307 investors have co-invested in Incisive Ventures's portfolio companies. This includes funds and angels.
- Invested before Incisive Ventures: Expert DOJO, Vikas D Nahar and 64 others have invested in rounds before Incisive Ventures. There are 3 companies where Expert DOJO has invested before Incisive Ventures and 1 company where Vikas D Nahar has invested before Incisive Ventures.
- Top Co-investors of Incisive Ventures: 165 investors entered a company along with Incisive Ventures. These include investors like Mucker (2 companies).
- Invested after Incisive Ventures: A total of 76 investors have invested in Incisive Ventures's portfolio after their investments. Top Investors include Vista Equity Partners (1 company), Insight Partners (1 company) and Tiger Global Management (1 company).
Recent News related to Incisive Ventures
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Moddule, Supply Chain Platform, Announces $1.5M Seed Round Amidst Customer Demand Surgeintelligence360•May 30, 2025•Incisive Ventures, Motion Ventures, Signal Ventures, Moddule and 3 others
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Seattle VC Incisive Ventures Raises $10.5M Fund for B2B Software StartupsGeekWire•May 01, 2025•Incisive Ventures
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Tangibly Completes Oversubscribed $6.5M Seed Financing to Expand Its GenAI Tools for Trade Secret ManagementBusiness Wire•Jul 14, 2023•Tangibly, Madrona, Spike Venture, Volo Ventures and 6 others
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Sensate Raises $3.2M in Seed FundingFinSMEs•Apr 03, 2023•Sensate, Share Ventures, Geek Ventures, Dangerous Ventures and 6 others
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ShoppinPal Raises $5M to unlock revenues for 40K SMBs in Hospitality+Hospitality & Catering News•Nov 22, 2022•ShoppinPal, Mucker, Menlo Ventures, Incisive Ventures
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Cuéntame Raises USD$1.3M Pre-Seed FundingACCESSWIRE•Oct 24, 2022•Cuentame, Impacta VC, CerraCap Ventures, Integra Groupe and 7 others
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Katalyst Raises $26M in Series A FundingFinSMEs•Oct 04, 2022•Katalyst, Stripes, Incisive Ventures, Unlock Venture Partners
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Vega Cloud: Raises $9M in Equity and Debt FundingFintechinshorts•Oct 02, 2022•Vega, Album VC, Sun Mountain Capital, Incisive Ventures and 6 others
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Westock Raises $2.2M to Help Brands Unlock the Power of Consumer DataGrocery Dive•Sep 29, 2022•Airframe IO, Goat Rodeo Capital, AperiamVentures, Techstars and 5 others
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Vega Cloud Raises $9 Million to Automate Cloud OptimizationGlobeNewswire•Sep 29, 2022•Vega, Album VC, Sun Mountain Capital, Kickstart Ventures and 7 others
