About Kepha Partners
Kepha Partners is a venture capital firm founded in 2006. It is primarily based out of Waltham, United States. As of Oct 2018, Kepha Partners has invested in 45 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and FinTech. Most recently it participated in the $***** Series A round of Later Overall, Kepha Partners portfolio has seen 1 unicorn, 3 IPOs and 23 acquisitions including key companies like Oracle, VMware and NiCE. A lot of funds co-invest with Kepha Partners, with names like Sigma Partners sharing a substantial percentage of its portfolio. Kepha Partners has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Kepha Partners' List of Top Investments
Kepha Partners has a portfolio of 45 companies, one of which is a Unicorn. Their most notable investments are in ClearGov and Azuki Systems.Their portfolio spans across United States, China, Ireland and 4 more locations. They have invested in Enterprise Applications, Enterprise Infrastructure, FinTech and 16 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Kepha Partners:1. Oracle
Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management. It is a technology multinational corporation that offers a wide range of enterprise software products and services, including cloud computing solutions, database management systems, and Java development tools.
Key facts about Oracle
- Founded Year: 1977
- Location: Austin (United States)
- Annual Revenue: $1B+ as on May 31, 2026
- Stage: Public
- Employee Count: 179,061 as on May 31, 2025
- Investors: Glynn Capital, Greyrock Investments and 33 Others
- Latest Funding Round: Conventional Debt, Feb 03, 2025, $*****
- Highlight: Public

2. VMware
Cloud based orchestration solutions. It enables running any app on any cloud on any device through the solutions for modern apps, multi-cloud, and digital workspace. It transform data centers into aggregated computing infrastructures with VMware vSphere, its virtualization platform.
Key facts about VMware
- Founded Year: 1998
- Location: Palo Alto (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $596M
- Employee Count: 10,392 as on Sep 30, 2026
- Investors: Intel, Founders Circle Capital and 33 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Highlight: Acquired

3. NiCE
Developer of platforms automating customer service using artificial intelligence. This technology streamlines engagements into automated actions across multiple channels including voice and digital platforms. The system supports contact centers by providing workforce management, interaction analytics, and predictive outreach tools. These features assist organizations in handling interactions from intent to final resolution. The platform integrates with existing business systems to provide operational insights, quality monitoring, and compliance controls. Organizations utilize these tools to manage performance across both human agents and automated artificial intelligence agents. The service provides global connectivity with built-in redundancy for continuous operation. Business users access these capabilities through a unified cloud interface to manage workflows, monitor agent performance, and improve productivity.
Key facts about NiCE
- Founded Year: 1986
- Location: Hoboken (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2015
- Stage: Public
- Employee Count: 14,370 as on Sep 30, 2026
- Investors: Kepha Partners, HarbourVest Partners and 10 Others
- Latest Funding Round: Post IPO, Aug 2020, $*****
- Highlight: Public
4. Ask
Ask.com: Your go-to source for answers, news, culture, and lifestyle. This platform delivers information across diverse categories like TV & Movies, Tech, Lifestyle, and more. It provides trending news, reviews, and roundups, covering topics from entertainment to technology. Editorial features explore subjects like food trends, digital disruption, and the impact of technology on various aspects of modern life. It offers a wide array of content, including articles on music, books, video games, and travel, aiming to inform and engage users with diverse interests. The platform serves as a comprehensive resource for staying updated on current events and exploring various facets of culture and lifestyle.
Key facts about Ask
- Founded Year: 1996
- Location: Oakland (United States)
- Stage: Acquired
- Total Funding till date: $25M
- Employee Count: 249 as on Sep 30, 2026
- Investors: Kepha Partners, Redpoint Ventures and 5 Others
- Latest Funding Round: Series A, Mar 22, 1999, $*****
- Highlight: Acquired
5. Later
Provider of influencer marketing and social media management platform services. It offers tools for campaign strategy, creator connections, and performance measurement. The platform provides features for social media content creation, scheduling, and publishing. Social listening tools are available for trend identification and audience insights.
Key facts about Later
- Founded Year: 2013
- Location: Taylorsville (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $270M
- Employee Count: 24 as on Sep 30, 2026
- Investors: Kepha Partners, Summit Partners and 12 Others
- Latest Funding Round: Series B, Apr 27, 2022, $*****
- Highlight: Editors' Pick
Kepha Partners' Year-on-Year Investment Trends
Kepha Partners has invested in 45 companies over the last 19 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in DeepGraph and most recent follow-on round was in Later.Kepha Partners' Investments by Stage
Kepha Partners has made 10 investments in Seed stage with an average round size of $1.32M, 6 investments in Series A stage with an average round size of $4.3M, 1 investment in Series C stage with an average round size of $5.8M, 1 investment in Series E stage with an average round size of $7.5M and 1 investment in Unattributed stage with an average round size of $2.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 6 |
Series C | 1 |
Series E | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Kepha Partners' Investments by Sector
Kepha Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, High Tech and Vertical SaaS. Notably, it has invested in 38 Tech companies, 35 Enterprise (B2B) companies, 35 Software companies and at least 26 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
Consumer | 2 |
Enterprise Infrastructure | 2 |
High Tech | 2 |
Vertical SaaS | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Kepha Partners' Investments by Geography
Kepha Partners has made most investments in United States (17), followed by Niger where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 17 |
Niger | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Kepha Partners' recent investments
Kepha Partners has not made any investment in 2026 so far.Here are the most recent investments by Kepha Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 31, 2018 | United States | Series A | 9922 | ||
May 11, 2017 | United States | Seed | 3922 | [+1] | |
Mar 30, 2017 | United States | Seed | 2715 | ||
Nov 30, 2015 | United States | Series A | 2300 | [+1] | |
Nov 13, 2015 | United States | Series A | 2894 |
Unicorns in Kepha Partners' Portfolio
Kepha Partners has 1 unicorn in its portfolio - Workhuman. The most recent unicorn in their portfolio is Workhuman which became a unicorn in 2020, 6 years before Kepha Partners first invested in it.Here is a list of unicorns in Kepha Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Provider of a platform for employee recognition and performance management | 1999 | Dublin | Late Stage | nsjsjzj |
IPOs and Publicly Listed companies in Kepha Partners' Portfolio
3 of Kepha Partners' portfolio companies have become public. Ericsson got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2008 and NiCE got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Kepha Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 01, 2008 | - | - | 8851 | |
Jan 26, 1996 | - | - | 8070 | |
Mar 14, 1986 | - | - | 7047 |
Acquired companies in Kepha Partners' Portfolio
23 companies from Kepha Partners' portfolio have been acquired. The most recent acquisition was ClearGov in Jun 2025 by Gravity for $*****.Here are Kepha Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2025 | Mar 30, 2017 | Seed | 4307 | |
Mar 24, 2025 | - | - | 2904 | |
May 23, 2022 | - | - | 2425 | |
Oct 14, 2021 | Nov 09, 2012 | Seed | 9288 | |
Sep 27, 2021 | - | - | 7253 |
Team profile of Kepha Partners
Kepha Partners has a team of 3 members including 2 Partners located in United States. Kepha Partners' team sits on the board of 1 company.Co-investors of Kepha Partners
Over the past 19 years, 50 investors have co-invested in Kepha Partners's portfolio companies. This includes funds and angels.
- Invested before Kepha Partners: Rocketship, Resolute Ventures and 15 others have invested in rounds before Kepha Partners. There is 1 company where Rocketship has invested before Kepha Partners and 1 company where Resolute Ventures has invested before Kepha Partners.
- Top Co-investors of Kepha Partners: 17 investors entered a company along with Kepha Partners. These include investors like Sigma Partners (4 companies).
- Invested after Kepha Partners: A total of 16 investors have invested in Kepha Partners's portfolio after their investments. Top Investors include Summit Partners (1 company), Lead Edge Capital (1 company) and LaunchCapital (1 company).
Recent News related to Kepha Partners
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Influencer marketing startup Mavrck raises another $5.8MTechCrunch+•Oct 31, 2018•Kepha Partners, GrandBanks Capital, Later
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Mavrck Releases New Fraud Detection Tools to Evaluate and Manage Influencer Marketing RiskGlobeNewswire•Jul 30, 2018•Kepha Partners, GrandBanks Capital, Later
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DeepGraph feeds enterprise sales teams with hyper-targeted warm leadsMay 12, 2017•DeepGraph, Seabed VC, Kepha Partners, Neotribe
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Golden Seeds Invests in Paradigm4 - Paradigm4Paradigm4•Nov 30, 2015•Paradigm4, Golden Seeds, Sigma Partners, Kepha Partners
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Influencer Marketing Startup Mavrck Raises $5MTechCrunch+•Nov 13, 2015•Kepha Partners, GrandBanks Capital, Later
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Northeast Venture Capital Funding and M / A Activity: AutoVirt Raises $4.5 Million in VChttp://blogspot.de•Oct 15, 2008•AutoVirt, Kepha Partners, Sigma Partners
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Northeast Venture Capital Funding and M / A Activity: AutoVirt Raises $4 Million in First RoundJan 31, 2008•AutoVirt, Kepha Partners, Sigma Partners
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