About Kauffman Fellows
Kauffman Fellows is a venture capital firm founded in 1995. It is primarily based out of Austin, United States. As of Oct 2021, Kauffman Fellows has invested in 6 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from FinTech to Consumer and Enterprise Applications. Most recently it participated in the $***** Series A round of Awto Overall, Kauffman Fellows portfolio has seen 2 unicorns and 1 IPO, namely Groww, Sidecar Health and Kredivo Holdings. A lot of funds co-invest with Kauffman Fellows, with names like Propel Venture Partners sharing a substantial percentage of its portfolio. Kauffman Fellows has team of 57 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio IPOs
Portfolio Unicorns
Kauffman Fellows' List of Top Investments
Kauffman Fellows has a portfolio of 6 companies, including 2 unicorns. Their most notable investments are in Awto and Elves.Their portfolio spans across United States, Brazil, Chile and 2 more locations. They have invested in FinTech, Consumer, Enterprise Applications and 7 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Kauffman Fellows:1. Groww
Provider of digital brokerage services for stocks and mutual funds. This platform facilitates the purchase and sale of equity shares, exchange traded funds, and direct mutual fund schemes. It provides tools for tracking market indices, monitoring portfolio performance, and executing trades through an integrated interface. Users access analytical data, including price charts and financial indicators, to manage investment positions and systematic investment plans. The service supports margin trading facilities and commodity trading options.
Key facts about Groww
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $596M
- Employee Count: 1,415 as on Jun 30, 2025
- Investors: GIC, Lone Pine Capital and 25 Others
- Latest Funding Round: Series F, Jun 13, 2025, $*****
- Highlight: Public
Online health insurance platform for individuals and businesses. It offers health insurance including doctor consultation, treatment coverage, medical billing coverage, and more. It also offers insurance claim assistance solutions.
Key facts about Sidecar Health
- Founded Year: 2018
- Location: El Segundo (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $328M
- Employee Count: 259 as on Aug 31, 2026
- Investors: Bond Capital, Marbruck Investments and 18 Others
- Latest Funding Round: Series D, Jun 27, 2024, $*****
- Highlight: Editors' Pick
Provider of a consumer lending platform for financial applications. It provides users with a company that offers consumer-focused purchase financing, instant cash loans, and more. Loans can be accessed through an app-based platform that is available on iOS and Android devices.
Key facts about Kredivo Holdings
- Founded Year: 2015
- Location: Jakarta (Indonesia)
- Annual Revenue: $1M - $10M as on Dec 31, 2017
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $660M
- Employee Count: 2,909 as on Aug 31, 2026
- Investors: DST Global, Jungle Ventures and 35 Others
- Latest Funding Round: Series D, Mar 22, 2023, $*****
- Highlight: Editors' Pick
Prepaid cards for corporate expenses and benefits. It provides tools for expense management, money transfers, and more. It can be used for services such as meal payments, travel expenses, and more. It also offers an app-based platform that is available on iOS and Android devices.
Key facts about Flash Benefits
- Founded Year: 2018
- Location: Sao Paulo (Brazil)
- Stage: Series C
- Total Funding till date: $22M
- Employee Count: 2,439 as on Aug 31, 2026
- Investors: Whale Rock Capital Management, Global Founders Capital and 5 Others
- Latest Funding Round: Series C, Mar 09, 2022, $*****
- Highlight: Editors' Pick
5. Elves
Elves is a chat-based concierge service that lets users seek assistance with finding, booking and buying products and services. The platform matches the user with a personal assistant who will provide tailored recommendations. Services offerings include ordering food, online shopping, travel bookings, movie tickets, and others. They also allow brands/businesses to list their product and services on the platform. Their app is available for iOS & Android devices.
Key facts about Elves
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $5M
- Employee Count: 23 as on Aug 31, 2026
- Investors: Wild Basin Investments, Trend Forward Capital Management and 5 Others
- Latest Funding Round: Series A, Sep 17, 2020, $*****
- Highlight: Editors' Pick
Kauffman Fellows' Year-on-Year Investment Trends
Kauffman Fellows has invested in 6 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Awto and most recent follow-on round was in Elves.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 2 | 0 | 2 |
2020 | 1 | 1 | 2 |
2019 | 1 | 0 | 1 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
Kauffman Fellows' Investments by Stage
Kauffman Fellows has made 2 investments in Series A stage with an average round size of $6.1M, 2 investments in Series B stage with an average round size of $21M and 1 investment in Seed stage with an average round size of $2M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series B | 2 |
Seed | 1 |
Note: We have considered here, only first round of investments
Kauffman Fellows' Investments by Sector
Kauffman Fellows has a diverse portfolio, with companies operating in the Consumer, FinTech, Travel and Hospitality Tech, Auto Tech and Enterprise Applications. Notably, it has invested in 6 Tech companies, 4 Consumer (B2C) companies, 3 Enterprise (B2B) companies and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 3 |
FinTech | 3 |
Travel and Hospitality Tech | 3 |
Auto Tech | 1 |
Enterprise Applications | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Kauffman Fellows' Investments by Geography
Kauffman Fellows has made most investments in United States (2), followed by Brazil where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Brazil | 1 |
Chile | 1 |
India | 1 |
Note: We have considered here, only first round of investments
Kauffman Fellows' recent investments
Kauffman Fellows has not made any investment in 2026 so far.Here are the most recent investments by Kauffman Fellows:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 15, 2021 | Chile | Series A | 7862 | [+2] | |
Jul 09, 2021 | Brazil | Series B | 3787 | ||
Sep 17, 2020 | United States | Series A | 3026 | [+2] | |
Jul 23, 2020 | United States | Series B | 5722 | [+4] | |
Jan 23, 2019 | India | Series A | 5444 | [+2] |
Unicorns in Kauffman Fellows' Portfolio
Kauffman Fellows has 2 unicorns in its portfolio - Kredivo Holdings and Sidecar Health. The most recent unicorn in their portfolio is Kredivo Holdings. It became a unicorn in 2022, 4 years before Kauffman Fellows first invested in it.Here is a list of unicorns in Kauffman Fellows' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Provider of a consumer lending platform for financial applications | 2015 | Jakarta | Series D | kbvwdbc | ||
70 | Online health insurance platform for individuals and businesses | 2018 | El Segundo | Series D | {ihxojs |
IPOs and Publicly Listed companies in Kauffman Fellows' Portfolio
1 of Kauffman Fellows' portfolio company became public - Groww. It got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Nov 2025 at marketcap of $6.97BHere are Kauffman Fellows' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 12, 2025 | Jan 23, 2019 | Series A | 2272 |
Team profile of Kauffman Fellows
Kauffman Fellows has a team of 57 members including 3 Partners located in United States. Kauffman Fellows' team sits on the board of 1 company.Here is a list of top team members in Kauffman Fellows:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Austin | - | - | |
Partner | Los Gatos | |||
Partner | - | - |
Co-investors of Kauffman Fellows
Over the past 9 years, 43 investors have co-invested in Kauffman Fellows's portfolio companies. This includes funds and angels.
- Invested before Kauffman Fellows: Y Combinator, Insignia Ventures Partners and 10 others have invested in rounds before Kauffman Fellows. There is 1 company where Y Combinator has invested before Kauffman Fellows and 1 company where Insignia Ventures Partners has invested before Kauffman Fellows.
- Top Co-investors of Kauffman Fellows: 15 investors entered a company along with Kauffman Fellows. These include investors like Propel Venture Partners (1 company).
- Invested after Kauffman Fellows: A total of 16 investors have invested in Kauffman Fellows's portfolio after their investments. Top Investors include Tiger Global Management (2 companies), Ribbit Capital (1 company) and Lone Pine Capital (1 company).
Recent News related to Kauffman Fellows
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Kaufmann Ventures’ Investment in Mobilion VenturesGlobal Legal Chronicle•May 26, 2022•PPU, Kauffman Fellows, Mobillion Ventures
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Car-sharing platform gets capital increase in ChileLatin Lawyer•Nov 04, 2021•Zurich, Chile Ventures, Awto, Awto and 3 others
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Brazilian HR startup Flash raises $22M in a Tiger Global-led Series B round of fundingTechCrunch+•Jul 09, 2021•Flash Benefits, Tiger Global Management, Monashees, Global Founders Capital and 2 others
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Insurance startup Sidecar Health closes $20M for point-of-service paymentsMobiHealthNews•Jul 23, 2020•Sidecar Health, Cathay Innovation, Kauffman Fellows, GreatPoint Ventures and 2 others
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Groww receives Rs 50 Cr from the parent entityEntrackr•Jun 12, 2020•Groww, Ribbit Capital, Billion Brain, Y Combinator and 3 others
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Investments Firm Groww Raises $21.3 Mn In Series B From Ribbit CapitalInc42•Sep 19, 2019•Groww, Ribbit Capital, Sequoia Capital, Y Combinator and 3 others
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Investment app Groww raises $6.2mn in Series A funding led by Sequoia IndiaMint•Jan 23, 2019•Groww, Sequoia Capital, Y Combinator, Propel Venture Partners and 2 others
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Cairo-based Elves raises $2 million in seed investment from Emaar and Kauffman FellowsMENAbytes•Dec 01, 2017•Elves, Emaar, Kauffman Fellows, Ahmed Kassem
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PitchBook Announce Partnership to Empower Global Venture Capital LeadersPR Newswire•Nov 14, 2017•PitchBook, Kauffman Fellows
