About Industry Ventures
Industry Ventures is a venture capital firm founded in 2000. It is primarily based out of San Francisco, United States. As of Sep 2026, Industry Ventures is an active investor, having invested in 250 companies, with 2 new investments in the last 12 months. 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 C round of Savvy Wealth Overall, Industry Ventures portfolio has seen 17 unicorns, 18 IPOs and 111 acquisitions including key companies like Uber, Facebook and Farfetch. A lot of funds co-invest with Industry Ventures, with names like AME Cloud Ventures sharing a substantial percentage of its portfolio. Industry Ventures has team of 13 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 9 more
Portfolio IPOs
Deals in last 12 months
Industry Ventures' List of Top Investments
Industry Ventures has a portfolio of 250 companies, including 17 unicorns. Their most notable investments are in Mendel and Rocket Lawyer.Their portfolio spans across United States, Canada, United Kingdom and 11 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 32 other sectors, across stages such as Series B, Series A and 9 more. Here is the list of top investments by Industry Ventures:
1. Uber
Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 167,166 as on Aug 31, 2026
- Investors: TrueBridge, InvestX and 192 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
2. Facebook
Operator of a social networking service facilitating connection and communication. Its services allows users to connect with friends, family, and other individuals. It provides tools for sharing updates, photos, and videos. The platform also offers features for creating and joining groups, following interests, and discovering content.
Key facts about Facebook
- Founded Year: 2004
- Location: Menlo Park (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $1.77B
- Employee Count: 27,690 as on Jul 31, 2026
- Investors: Sprout Capital Partners, Meritech and 121 Others
- Latest Funding Round: Grant (prize money), Jan 15, 2017, $*****
- Highlight: Public
3. Farfetch
Online retailer offering multi-category fashion products. The product catalog includes apparel, handbags, shoes, watches, jewelry, backpacks, belts, and more for men, women, and kids. In addition, the company also offers pre-owned fashion products. Its mobile application is available for Android and iOS platforms.
Key facts about Farfetch
- Founded Year: 2007
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $709M
- Employee Count: 3,155 as on Mar 31, 2026
- Investors: Advent Life Sciences, HPR Capital and 30 Others
- Latest Funding Round: Post IPO, Apr 27, 2020, $*****
- Highlight: Acquired
4. 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: 5,728 as on Sep 30, 2026
- Investors: Meritech, Silver Lake and 140 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
5. Ancestry
Ancestry is a provider of an online genealogy platform offering a host of services. It offers family history information, historical records, and other genealogical information. It enables users to create their family tree and helps them discover, preserve and share their family history. The company uses microarray-based autosomal DNA testing technology and an online family history resource to predict family connections and relatives. The company offers a subscription-based service. The company claims its online resource contains all relevant Federal Census records since 1790 (Archives).
Key facts about Ancestry
- Founded Year: 1996
- Location: Lehi (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2015
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $446M
- Employee Count: 1,857 as on May 31, 2026
- Investors: Meritech, Adams Street Partners and 18 Others
- Latest Funding Round: Post IPO, Apr 2016, $*****
- Highlight: Acquired
Industry Ventures' Year-on-Year Investment Trends
Industry Ventures has invested in 250 companies over the last 25 years, with an average of 10 new investments annually in the last 10 years. In 2025, it made 13 investments, while as of Sep 2026, it has made 1 investment in this year. Its most recent first time investment was in Manifold AI and most recent follow-on round was in Savvy Wealth.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 10 | 3 | 13 |
2024 | 10 | 2 | 12 |
2023 | 6 | 4 | 10 |
2022 | 16 | 4 | 20 |
2021 | 12 | 4 | 16 |
2020 | 7 | 2 | 9 |
2019 | 15 | 2 | 17 |
2018 | 11 | 0 | 11 |
2017 | 12 | 1 | 13 |
Industry Ventures' Investments by Stage
Industry Ventures has made 40 investments in Series B stage with an average round size of $29.4M, 33 investments in Series A stage with an average round size of $23.5M and 20 investments in Series C stage with an average round size of $54.1M.Stage of entry | No. of Investments |
|---|---|
Series B | 40 |
Series A | 33 |
Series C | 20 |
Series D | 14 |
Seed | 12 |
Others | 17 |
Note: We have considered here, only first round of investments
Industry Ventures' Investments by Sector
Industry Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, FinTech and Consumer. Notably, it has invested in 226 Tech companies, 204 Enterprise (B2B) companies, 152 Software companies and at least 98 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 95 |
Enterprise Infrastructure | 26 |
High Tech | 23 |
FinTech | 22 |
Consumer | 19 |
Others | 115 |
Note: We have considered here, only first round of investments
Industry Ventures' Investments by Geography
Industry Ventures has made most investments in United States (120), followed by Canada where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 120 |
Canada | 5 |
Israel | 3 |
United Kingdom | 3 |
Mexico | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
Industry Ventures' recent investments
Industry Ventures has made 1 investments in 2026 so far - Savvy Wealth.Here are the most recent investments by Industry Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 09, 2026 | United States | Series C | 3971 | [+7] | |
Dec 18, 2025 | United States | Series B | 3855 | [+3] | |
Nov 19, 2025 | Singapore | Series A | 3491 | [+7] | |
Nov 12, 2025 | United States | Series C | 9528 | [+7] | |
Sep 22, 2025 | United States | Series C | 4299 | [+2] |
Unicorns in Industry Ventures' Portfolio
Industry Ventures has 17 unicorns in its portfolio - SkyRyse, d-Matrix, Cyberhaven and others. The most recent unicorn in their portfolio is SkyRyse. It became a unicorn in 2026, 7 years after Industry Ventures first invested in it.Here is a list of unicorns in Industry Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Developer of advanced flight automation systems for aircraft | 2016 | Hayward | Series C | imfy{vu | ||
64 | Developers of digital-in memory compute engine for efficient AI processing | 2019 | Los Altos | Series C | ntxctep | ||
64 | Developer of a data detection and response security platform | 2016 | San Jose | Series D | e{{waga | ||
66 | Provider of crowdsourced security platform offering vulnerability disclosure and penetration testing | 2012 | San Francisco | Series E | ynznbql | ||
74 | Provider of digital workplace savings and retirement plan administration solutions | 2016 | New York City | Series E | tqowxua |
IPOs and Publicly Listed companies in Industry Ventures' Portfolio
18 of Industry Ventures' portfolio companies have become public. ZipRecruiter got listed on the New York Stock Exchange (NYSE), in May 2021 at marketcap of $632M and Next Door got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Industry Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 26, 2021 | Aug 12, 2014 | Series A | 3185 | |
May 26, 2021 | - | - | 5017 | |
Apr 30, 2021 | Dec 17, 2013 | Series B | 6619 | |
Feb 17, 2021 | - | - | 6464 | |
Jun 01, 2020 | - | - | 5419 |
Acquired companies in Industry Ventures' Portfolio
111 companies from Industry Ventures' portfolio have been acquired. The most recent acquisition was Fortinet in Aug 2026 by Virtue AI for $*****.Here are Industry Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 17, 2026 | - | - | 3672 | |
Aug 13, 2026 | Feb 20, 2025 | Series C | 3085 | |
Aug 03, 2026 | Apr 15, 2020 | Series C | 8221 | |
Jul 07, 2026 | - | - | 7855 | |
May 20, 2026 | Nov 10, 2020 | Series A | 3409 |
Team profile of Industry Ventures
Industry Ventures has a team of 13 members including 4 Partners and 4 Principals located in United States. Industry Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Industry Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Washington | - | ||
Partner | San Francisco | - | ||
Partner | Boston | - | ||
Principal | Boston | - | - | |
Principal | San Francisco | - | ||
Principal | San Francisco | - | ||
Principal | San Francisco | - |
Co-investors of Industry Ventures
Over the past 25 years, 1279 investors have co-invested in Industry Ventures's portfolio companies. This includes funds and angels.
- Invested before Industry Ventures: Y Combinator, Headline and 574 others have invested in rounds before Industry Ventures. There are 10 companies where Y Combinator has invested before Industry Ventures and 5 companies where Headline has invested before Industry Ventures.
- Top Co-investors of Industry Ventures: 384 investors entered a company along with Industry Ventures. These include investors like AME Cloud Ventures (4 companies).
- Invested after Industry Ventures: A total of 319 investors have invested in Industry Ventures's portfolio after their investments. Top Investors include Tiger Global Management (5 companies), Google Ventures (4 companies) and Greenspring Associates (3 companies).
Recent News related to Industry Ventures
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Savvy Wealth Raises $100M to Expand AI Wealth PlatformVentureburn•Sep 09, 2026•Savvy Wealth, Euclidean, Alumni Ventures, The Halo Fund and 5 others
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Hubbl Technologies Raises $6M Series A Led by Salesforce VenturesTMC•Feb 12, 2026•Salesforce Ventures, Hubbl, Industry Ventures
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Goodfire Secures $150M to Advance AI Interpretability PlatformSiliconAngle•Feb 06, 2026•Goodfire, B Capital, Salesforce, Cimulate and 10 others
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Goldman Sachs Completes Acquisition of US$7B Venture Capital Firm Industry VenturesCaproasia•Jan 28, 2026•Goldman Sachs, Industry Ventures, shepherdwealthgroup.com
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Goldman Sachs Completes Acquisition of Industry Ventures for $665 Million Plus Contingent PaymentsShareprices•Jan 05, 2026•Goldman Sachs, Industry Ventures
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Amperesand Raises $80M Series A Co-led by Walden Catalyst Ventures and Temasek to Redefine Power Infrastructure for AI Data CentersBakersfield•Nov 18, 2025•Amperesand, Walden Catalyst, Temasek, TDK Ventures and 5 others
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d-Matrix Closes $275M Series C Funding, Bringing Total Raised to $450MHpcwire•Nov 13, 2025•d-Matrix, Mirae Asset, Qatar Investment Authority, M12 and 12 others
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Flint Raises $15M Series A to Personalize Learning for the AI-Native GenerationAccess Newswire•Nov 06, 2025•Patron, Flint, AME Cloud Ventures, Basis Set Ventures and 12 others
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Goldman Sachs to Acquire $7 Billion VC Firm, Industry VenturesBitcoin Ethereum News•Oct 14, 2025•Goldman Sachs, Industry Ventures, Petershill Partners, Rehmann and 1 other
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Cardless Secures $60M Series C Funding Led by Spark Capital,Partners With Coinbase & Bilt To Transform Credit Card IndustryFinancial IT•Sep 22, 2025•Anthropic, Bilt Rewards, Cardless, Industry Ventures and 5 others
