About iSeed
iSeed is a venture capital firm founded in 2020. It is primarily based out of India. As of Jul 2026, iSeed is an active investor, having invested in 98 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Seed round of Mowito Overall, iSeed portfolio has seen 4 acquisitions, namely Skuad, CirclePe Club and Arrow. A lot of funds co-invest with iSeed, with names like Kunal Shah sharing a substantial percentage of its portfolio. iSeed has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
iSeed's List of Top Investments
iSeed has a portfolio of 98 companies. Their most notable investments are in Fonos and CometChat.Their portfolio spans across India, United States, Indonesia and 6 more locations. They have invested in Enterprise Applications, Consumer, Retail and 26 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by iSeed:
1. Ultrahuman
Developer of wearable health monitors and metabolic glucose tracking devices. These products track sleep, recovery, and metabolic markers to provide health insights. The hardware includes rings for sleep monitoring, continuous glucose monitors, and red light therapy equipment. Software platforms interpret health data and blood test results to assist with physiological performance and wellness management.
Key facts about Ultrahuman
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $173M
- Employee Count: 333 as on Mar 31, 2026
- Investors: Qualcomm Ventures, Steadview and 48 Others
- Latest Funding Round: Venture Debt, Sep 03, 2026, $*****
- Highlight: Editors' Pick
2. M2P Fintech
Provider of APIs enabling banking, lending, and payment financial services. The company offers solutions for customer onboarding, core banking systems, and payment processing. It facilitates card issuance, core lending, and digital commerce. The company provides tools for regulatory compliance, fraud management, and rewards programs. It also offers value-added services, including reconciliation, KYC, and anti-money laundering solutions.
Key facts about M2P Fintech
- Founded Year: 2014
- Location: Chennai (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $215M
- Employee Count: 1,290 as on Aug 31, 2025
- Investors: Nexus Venture Partners, Visa and 64 Others
- Latest Funding Round: Series D, Jun 30, 2025, $*****
- Highlight: Editors' Pick

3. Skuad
Skuad is a global human resource platform that automates payroll management, local compliance, and taxation of your employees. It makes remote employment possible in 160-plus countries worldwide. The company helps employers build and pay their remote workforce, seamlessly, without needing to set up local entities. They make hiring and paying full-time employees and contractors seamless. Its headquarters is in Singapore, Central Singapore. Sundeep Sahi is the Co-Founder & CEO of Skuad. The company has raised a total of dollar 4 million in funding. It has 100 plus employees working in the organization.
Key facts about Skuad
- Founded Year: 2019
- Location: Singapore (Singapore)
- Annual Revenue: $1M - $10M as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $19M
- Employee Count: 181 as on Sep 30, 2026
- Investors: Rapyd, Analog Capital and 8 Others
- Latest Funding Round: Series A, Apr 13, 2022, $*****
- Highlight: Acquired

4. Even
Provider of health insurance plans with outpatient and hospitalization coverage. It facilitates health insurance policy comparison and selection. It offers coverage for hospitalization, outpatient expenses, and family floater plans. It also provides support throughout the enrolment and claims processes.
Key facts about Even
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $86.6M
- Employee Count: 551 as on Aug 31, 2025
- Investors: Alpha Wave Global, Trifecta Capital and 54 Others
- Latest Funding Round: Series A, May 13, 2026, $*****
- Highlight: Editors' Pick
5. Vetic
Chain of veterinary clinics. It offers OPD consultation, vaccinations, grooming, emergency care, dental cleaning, X-ray, pet food, diagnostic tests, and surgeries for pets. It also allow the user to organize pet’s medical records, and book grooming sessions.
Key facts about Vetic
- Founded Year: 2022
- Location: Gurugram (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $93.7M
- Employee Count: 272 as on Aug 31, 2025
- Investors: Trifecta Capital, Greenoaks and 73 Others
- Latest Funding Round: Series D, Jun 18, 2026, $*****
- Highlight: Editors' Pick
iSeed's Year-on-Year Investment Trends
iSeed has invested in 98 companies over the last 6 years, with an average of 5 new investments annually in the last 5 years. As of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in Mowito and most recent follow-on round was in Mio App.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 5 | 0 | 5 |
2023 | 5 | 0 | 5 |
2022 | 8 | 1 | 9 |
2021 | 17 | 1 | 18 |
2020 | 3 | 0 | 3 |
iSeed's Investments by Stage
iSeed has made 31 investments in Seed stage with an average round size of $2.56M, 7 investments in Series A stage with an average round size of $10.5M and 1 investment in Angel stage with an average round size of $284K.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 7 |
Angel | 1 |
Note: We have considered here, only first round of investments
iSeed's Investments by Sector
iSeed has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, HealthTech and High Tech. Notably, it has invested in 89 Tech companies, 63 Enterprise (B2B) companies, 59 Software companies and at least 43 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 14 |
Enterprise Applications | 13 |
FinTech | 7 |
HealthTech | 7 |
High Tech | 5 |
Others | 51 |
Note: We have considered here, only first round of investments
iSeed's Investments by Geography
iSeed has made most investments in India (24), followed by United States where it has made 6 investments.Country | No. of Investments |
|---|---|
India | 24 |
United States | 6 |
Indonesia | 3 |
Vietnam | 3 |
Singapore | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
iSeed's recent investments
iSeed has made 1 investments in 2026 so far - Mowito.Here are the most recent investments by iSeed:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 07, 2026 | United States | Seed | 5621 | [+6] | |
Dec 09, 2024 | India | Angel | 9481 | [+18] | |
Sep 11, 2024 | United States | Seed | 5812 | [+9] | |
Apr 03, 2024 | India | Seed | 1114 | [+17] | |
Apr 2024 | India | Seed | 9375 | [+4] |
Acquired companies in iSeed's Portfolio
4 companies from iSeed's portfolio have been acquired. The most recent acquisition was CirclePe Club in Jul 2026 by Crib for $*****.Here are iSeed's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | Mar 26, 2024 | Seed | 7483 | |
Jan 24, 2025 | - | - | 5293 | |
Aug 07, 2024 | - | - | 2076 | |
Apr 04, 2023 | Jun 23, 2021 | Seed | 7473 |
Team profile of iSeed
iSeed has a team of 1 member located in India. iSeed's team does not sit on the board of any company as of now.Co-investors of iSeed
Over the past 6 years, 655 investors have co-invested in iSeed's portfolio companies. This includes funds and angels.
- Invested before iSeed: Kunal Bahl, Rohit Kumar Bansal and 84 others have invested in rounds before iSeed. There are 4 companies where Kunal Bahl has invested before iSeed and 4 companies where Rohit Kumar Bansal has invested before iSeed.
- Top Co-investors of iSeed: 337 investors entered a company along with iSeed. These include investors like Kunal Shah (8 companies).
- Invested after iSeed: A total of 232 investors have invested in iSeed's portfolio after their investments. Top Investors include Harshil Mathur (2 companies), LVX (2 companies) and Ratio (2 companies).
Recent News related to iSeed
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