About King River
King River is a venture capital firm founded in 2018. It is primarily based out of Surry Hills, Australia. As of Sep 2025, King River is an active investor, having invested in 63 companies, with 1 new investment in the last 12 months. 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 High Tech and Consumer. Most recently it participated in the $***** Series A round of Starboard Maritime Intelligence Overall, King River portfolio has seen 9 unicorns, 4 IPOs and 8 acquisitions including key companies like Flipkart, DiDi and Palantir. A lot of funds co-invest with King River, with names like BITKRAFT Ventures sharing a substantial percentage of its portfolio. King River has team of 15 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
King River's List of Top Investments
King River has a portfolio of 63 companies, including 9 unicorns. Their most notable investments are in Ofload and Stride Health.Their portfolio spans across United States, Australia, India and 7 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 24 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by King River:
1. Flipkart
Online retailer of various products including electronics, fashion, and groceries. The business provides an array of items such as mobile devices, laptops, televisions, and home appliances. Customers can also find clothing, footwear, beauty products, and home furnishings. Additionally, the retailer offers grocery items, baby care products, and sports equipment.
Key facts about Flipkart
- Founded Year: 2007
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $12.1B
- Employee Count: 18,938 as on May 31, 2026
- Investors: Helion Venture Partners, SeedFord Partners and 126 Others
- Latest Funding Round: Series J, May 25, 2024, $*****
- Highlight: Acquired
2. DiDi
AI-enabled platform for ride-hailing and on-demand services. The platform enables various services for ride-hailing, food delivery, bike-sharing, payment solutions, and more. It also offers various solutions including autonomous driving, traffic management, driver safety management, and more.
Key facts about DiDi
- Founded Year: 2012
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $20.8B
- Employee Count: 34,787 as on Jul 31, 2026
- Investors: 2020 Ventures, Silver Lake and 96 Others
- Latest Funding Round: Post IPO, Oct 12, 2023, $*****
- Highlight: Public
3. Palantir
Platform that provides data analysis and management solutions. It is a software company that specializes in big data analytics and provides software platforms for analyzing and integrating large amounts of data. Its software powers real-time, AI-driven decisions in critical government and commercial enterprise, from the factory floors to the front lines.
Key facts about Palantir
- Founded Year: 2003
- Location: Denver (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.46B
- Employee Count: 6,011 as on Jul 31, 2026
- Investors: Western Technology Investment, Glynn Capital and 170 Others
- Latest Funding Round: Post IPO, Aug 31, 2023, $*****
- Highlight: Public
4. Consensys
Developer of blockchain and web3 software platform. Its product suite includes MetaMask, Infura, Linea, Truffle, Diligence, and an NFT platforms that supports users with building a dApp, an NFT collection, a portfolio, managing digital assets, and more.
Key facts about Consensys
- Founded Year: 2014
- Location: Fort Worth (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $725M
- Employee Count: 738 as on Jul 31, 2026
- Investors: Marshall Wace, Next Round Capital and 58 Others
- Latest Funding Round: Series D, Nov 09, 2022, $*****
- Highlight: Editors' Pick
5. DeepL
AI, SaaS, and neural network-based machine translation tools. It allows users to enter their source text for translating the same. Its users can click on a term in the source text for suggestions from the dictionary and a term in the translated text brings up alternative translations that the user can select to insert the same. It has also developed an API that allows other computer programs to send texts to the servers and receive high-quality translations.
Key facts about DeepL
King River's Year-on-Year Investment Trends
King River has invested in 63 companies over the last 8 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 4 investments. Its most recent first time investment was in Starboard Maritime Intelligence and most recent follow-on round was in Relevance AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 1 | 4 |
2024 | 8 | 2 | 10 |
2023 | 5 | 1 | 6 |
2022 | 4 | 4 | 8 |
2021 | 7 | 2 | 9 |
2020 | 2 | 3 | 5 |
2019 | 5 | 1 | 6 |
2018 | 1 | 0 | 1 |
King River's Investments by Stage
King River has made 19 investments in Series A stage with an average round size of $11.4M, 10 investments in Series B stage with an average round size of $48.6M, 4 investments in Seed stage with an average round size of $6.5M and 2 investments in Series C stage with an average round size of $48.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 19 |
Series B | 10 |
Seed | 4 |
Series C | 2 |
Note: We have considered here, only first round of investments
King River's Investments by Sector
King River has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, FinTech and Blockchain Technology. Notably, it has invested in 56 Tech companies, 40 Enterprise (B2B) companies, 36 Software companies and at least 30 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
High Tech | 12 |
Consumer | 10 |
FinTech | 10 |
Blockchain Technology | 8 |
Others | 52 |
Note: We have considered here, only first round of investments
King River's Investments by Geography
King River has made most investments in United States (15), followed by Australia where it has made 12 investments.Country | No. of Investments |
|---|---|
United States | 15 |
Australia | 12 |
Canada | 1 |
Guernsey | 1 |
India | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
King River's recent investments
King River has not made any investment in 2026 so far.Here are the most recent investments by King River:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 08, 2025 | New Zealand | Series A | 2317 | [+3] | |
Aug 18, 2025 | Australia | Series A | 6435 | ||
Jul 31, 2025 | Singapore | Series A | 6511 | [+10] | |
May 06, 2025 | Australia | Series B | 4965 | ||
Nov 25, 2024 | Australia | Series B | 5803 | [+7] |
Unicorns in King River's Portfolio
King River has 9 unicorns in its portfolio - Metropolis, DeepL, Clarify and others. The most recent unicorn in their portfolio is Metropolis. It became a unicorn in 2025, 3 years after King River first invested in it.Here is a list of unicorns in King River's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
61 | Developer of computer vision technology for automated vehicle parking management | 2017 | Santa Monica | Series D | pqhtpi{ | ||
75 | AI, SaaS, and neural network-based machine translation tools | 2017 | Cologne | Series C | ejlrpoy | ||
64 | Company provides healthcare analytics and value-based payments platform services | 2015 | San Francisco | Series D | zpgbtzp | ||
70 | Omnichain interoperability protocol that unites decentralized applications | 2021 | Vancouver | Series B | mucgxjd | ||
72 | Blockchain-based infrastructure for NFT games and applications | 2018 | Sydney | Series C | tz{ofwp |
IPOs and Publicly Listed companies in King River's Portfolio
4 of King River's portfolio companies have become public. DiDi got listed on the New York Stock Exchange (NYSE), in Jun 2021 at marketcap of $15.2B and AUTO1 Group got listed on the Frankfurt Stock Exchange (FRA) at marketcap of $9.12B.Here are King River's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2021 | - | - | 7659 | |
Feb 04, 2021 | - | - | 2999 | |
Oct 09, 2020 | - | - | 4816 | |
Oct 02, 2020 | - | - | 2523 |
Acquired companies in King River's Portfolio
8 companies from King River's portfolio have been acquired. The most recent acquisition was BenefitHub in Apr 2024 by Inverness Graham for $*****.Here are King River's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 10, 2024 | - | - | 9738 | |
Feb 10, 2024 | - | - | 1491 | |
Apr 25, 2023 | - | - | 1774 | |
Aug 25, 2021 | - | - | 5364 | |
Jul 13, 2021 | Jun 11, 2020 | Series A | 2162 |
Team profile of King River
King River has a team of 15 members including 3 Partners and 5 Principals located in Australia and United States. King River's team does not sit on the board of any company as of now.Here is a list of top team members in King River:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sydney | - | - | |
Partner | Sydney | - | ||
Partner | Dallas | - | - | |
Principal | New York City | - | ||
Principal | Sydney | - | - | |
Principal | Sydney | - | ||
Principal | New York City | - | - | |
Principal | Erie | - | - |
Co-investors of King River
Over the past 8 years, 357 investors have co-invested in King River's portfolio companies. This includes funds and angels.
- Invested before King River: Coinbase, Reinventure Group and 150 others have invested in rounds before King River. There are 2 companies where Coinbase has invested before King River and 2 companies where Reinventure Group has invested before King River.
- Top Co-investors of King River: 150 investors entered a company along with King River. These include investors like BITKRAFT Ventures (8 companies).
- Invested after King River: A total of 55 investors have invested in King River's portfolio after their investments. Top Investors include Vista Equity Partners (2 companies), Temasek (1 company) and Mirae Asset (1 company).
Recent News related to King River
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Starboard Maritime Intelligence raises $13.6mSmart Maritime Network•Sep 08, 2025•Altered Capital, OIF Ventures, Icehouse Ventures, King River and 1 other
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New Zealand security startup Starboard bags $13.8m series ATech in Asia•Sep 08, 2025•Altered Capital, HUNEX, OIF Ventures, King River
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Crypto fintech Block Earner lands $8 million Series AStartup Daily•Aug 18, 2025•Outlier Ventures, Block Earner, CMCC Global, King River and 3 others
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Relevance AI Secures $24 Million in Series B FundingSuperbCrew•May 09, 2025•Relevance AI, Bessemer Venture Partners, Peak XV Partners, King River and 1 other
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Relevance AI Secures $24 Million in Series B FundingItbrief•May 07, 2025•Relevance AI, Bessemer Venture Partners, King River, Insight Partners and 1 other
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King River Capital closing $100m fund to support AI-driven software startups in Australia and USBusiness News Australia Pty Ltd•Mar 18, 2025•King River
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Immutable Announces Inaugural Returns on Inevitable Games Fund InvestmentsVentureBeat•Feb 20, 2025•Immutable, King River, Polygon Labs
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Digital estate planning platform Safewill secures $17m from Series B raise to expand its scopeBusiness News Australia Pty Ltd•Nov 25, 2024•Safewill, Reinventure Group, King River
