About Mango Capital
Mango Capital is a venture capital firm founded in 2018. It is primarily based out of Los Altos, United States. As of Jun 2026, Mango Capital is an active investor, having invested in 78 companies, with 5 new investments 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 Enterprise Infrastructure and High Tech. Most recently it participated in the $***** Seed round of Seltz Overall, Mango Capital portfolio has seen 3 unicorns and 19 acquisitions including key companies like Netlify, HashiCorp and Couchbase. A lot of funds co-invest with Mango Capital, with names like Guillermo Rauch sharing a substantial percentage of its portfolio. Mango Capital has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio Soonicorns
Mango Capital's List of Top Investments
Mango Capital has a portfolio of 78 companies, including 3 unicorns. Their most notable investments are in Finesse and Qpoint.Their portfolio spans across United States, Germany, Israel and 5 more locations. They have invested in Enterprise Applications, Enterprise Infrastructure, High Tech and 18 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Mango Capital:
1. Netlify
Provider of a platform for web application development and deployment. It offers tools for building, deploying, and scaling web applications. The platform includes features such as serverless functions, data storage, and image optimization. It supports various frameworks and integrates with development tools.
Key facts about Netlify
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $212M
- Employee Count: 189 as on Jun 30, 2026
- Investors: Northgate Capital, Bond Capital and 21 Others
- Latest Funding Round: Series D, Nov 17, 2021, $*****
- Highlight: Editors' Pick
2. HashiCorp
AI based cloud infrastructure management solutions. It offers security management solutions that allows users to protect, inspect, and connect elements across cloud infrastructure. The platform authenticates and authorizes access requests in real time. It allows users to monitor the access sessions with option to terminate in real time.
Key facts about HashiCorp
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $349M
- Employee Count: 2,224 as on Jun 30, 2026
- Investors: Sprout Capital Partners, TCV and 18 Others
- Latest Funding Round: Series E, Mar 16, 2020, $*****
- Highlight: Acquired
3. Couchbase
AI powered dbaas for enterprises. It provides a cloud database that optimizes data storage and processing. It leverages SQL to query json data. The database supports analytical and operational data workloads. Features include coding assistant, vector search, distributed workloads, and more. It caters its solution to industries such as healthcare, gaming, retail, and more.
Key facts about Couchbase
- Founded Year: 2009
- Location: Mountain View (United States)
- Annual Revenue: $100M - $500M as on Jan 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $251M
- Employee Count: 864 as on Jun 30, 2026
- Investors: HTIF, Glynn Capital and 16 Others
- Latest Funding Round: Series G, May 21, 2020, $*****
- Highlight: Acquired
4. Metronome
Usage-based invoice management solutions for small businesses. It features solutions for invoice generation, custom credit pools, cost-basis tracking, tiering, and more. It offers cloud marketplace integrations, and automates order-to-cash with integrations for accounting, quoting, & invoicing platforms.
Key facts about Metronome
- Founded Year: 2020
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $128M
- Employee Count: 134 as on Jun 30, 2026
- Investors: New Enterprise Associates, TrueBridge and 17 Others
- Latest Funding Round: Series C, Feb 25, 2025, $*****
- Highlight: Acquired
5. BigPanda
Cloud based IT infrastructure monitoring software. It provides a platform that uses data analytics to help IT teams automate incident management. It aggregates data generated from different monitoring services such as configuration management tools, log management services, and application monitoring services, and utilizes algorithms to analyze the information and determine which issues require attention. It helps to correlate and understand information from various sources and aids in identifying and resolving the root cause of problems.
Key facts about BigPanda
- Founded Year: 2012
- Location: Redwood City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $340M
- Employee Count: 330 as on Jun 30, 2026
- Investors: Glynn Capital, Akkadian Ventures and 14 Others
- Latest Funding Round: Series E, Aug 17, 2022, $*****
- Highlight: Editors' Pick
Mango Capital's Year-on-Year Investment Trends
Mango Capital has invested in 78 companies over the last 8 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 6 investments, while as of Jun 2026, it has made 2 investments in this year. Its most recent first time investment was in Seltz and most recent follow-on round was in NetBox Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 4 | 2 | 6 |
2024 | 3 | 2 | 5 |
2023 | 7 | 1 | 8 |
2022 | 6 | 2 | 8 |
2021 | 7 | 1 | 8 |
2020 | 7 | 0 | 7 |
2019 | 2 | 1 | 3 |
2018 | 2 | 0 | 2 |
Mango Capital's Investments by Stage
Mango Capital has made 17 investments in Series A stage with an average round size of $18.9M, 16 investments in Seed stage with an average round size of $5.74M, 4 investments in Series B stage with an average round size of $27.5M, 2 investments in Series C stage with an average round size of $36.5M and 1 investment in Series D stage with an average round size of $105M.Stage of entry | No. of Investments |
|---|---|
Series A | 17 |
Seed | 16 |
Series B | 4 |
Series C | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Mango Capital's Investments by Sector
Mango Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, FinTech and Consumer. Notably, it has invested in 71 Tech companies, 68 Enterprise (B2B) companies, 67 Software companies and at least 53 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 36 |
Enterprise Infrastructure | 29 |
High Tech | 6 |
FinTech | 5 |
Consumer | 4 |
Others | 10 |
Note: We have considered here, only first round of investments
Mango Capital's Investments by Geography
Mango Capital has made most investments in United States (29), followed by Germany where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 29 |
Germany | 5 |
Israel | 2 |
France | 1 |
Iceland | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Mango Capital's recent investments
Mango Capital has made 2 investments in 2026 so far - Seltz and Serro.Here are the most recent investments by Mango Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 24, 2026 | United States | Seed | 8309 | [+8] | |
Feb 2026 | United States | Seed | 9966 | - | |
Oct 28, 2025 | - | Seed | 2991 | [+2] | |
Oct 10, 2025 | Germany | Seed | 9430 | [+4] | |
Aug 20, 2025 | United States | Series A | 9411 | [+4] |
Unicorns in Mango Capital's Portfolio
Mango Capital has 3 unicorns in its portfolio - BigPanda, Netlify and Mux. The most recent unicorn in their portfolio is BigPanda. It became a unicorn in 2022, 4 years before Mango Capital first invested in it.Here is a list of unicorns in Mango Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Cloud based IT infrastructure monitoring software | 2012 | Redwood City | Series E | n{eqstg | ||
84 | Provider of a platform for web application development and deployment | 2013 | San Francisco | Series D | {w{xyv{ | ||
51 | Provider of a suite of video infrastructure solutions | 2015 | San Francisco | Series D | zpohnma |
Acquired companies in Mango Capital's Portfolio
19 companies from Mango Capital's portfolio have been acquired. The most recent acquisition was Koyeb in Feb 2026 by Mistral AI for $*****.Here are Mango Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 17, 2026 | - | - | 9227 | |
Jan 15, 2026 | - | - | 1820 | |
Oct 09, 2025 | Nov 22, 2021 | Series A | 4532 | |
Oct 03, 2025 | Nov 15, 2021 | Series A | 8774 | |
Jun 20, 2025 | - | - | 1038 |
Team profile of Mango Capital
Mango Capital has a team of 1 member located in United States. Mango Capital's team does not sit on the board of any company as of now.Co-investors of Mango Capital
Over the past 8 years, 290 investors have co-invested in Mango Capital's portfolio companies. This includes funds and angels.
- Invested before Mango Capital: Y Combinator, Andreessen Horowitz and 83 others have invested in rounds before Mango Capital. There are 4 companies where Y Combinator has invested before Mango Capital and 3 companies where Andreessen Horowitz has invested before Mango Capital.
- Top Co-investors of Mango Capital: 159 investors entered a company along with Mango Capital. These include investors like Guillermo Rauch (4 companies).
- Invested after Mango Capital: A total of 46 investors have invested in Mango Capital's portfolio after their investments. Top Investors include CRV (2 companies), Menlo Ventures (2 companies) and Index Ventures (1 company).
Recent News related to Mango Capital
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Spacial raises $10 million Seed round to automate U.S. home constructionCTech•Oct 28, 2025•Spacial, TLV Partners, Htv, RE Angels and 4 others
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Moderne raises $30M Series B to continue driving mass-scale code modernizationRefresh Miami•Feb 11, 2025•Moderne, Acrew Capital, Morgan Stanley, Amex Ventures and 16 others
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Checkly Raises $20M in Series B FundingFinSMEs•Jul 31, 2024•Checkly, Balderton Capital, Accel, CRV and 1 other
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Unstructured, which offers tools to prepare corporate data for LLMs, raises $25 millionFusoes & Aquisicoes•Jul 21, 2023•Unstructured, Bain Capital Ventures, M12, Mango Captial and 4 others
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Des Moines platform Hummingbirds raises $1 Million in seed fundingClay & Milk•Jan 11, 2023•Hummingbirds, M25, Next Level Ventures, InnoVenture Iowa and 2 others
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ChiselStrike’s $7 Million Seed Funding RoundGlobal Legal Chronicle•Aug 29, 2022•ChiselStrike, Norwest Venture Partners, Blumberg Capital, Netlify and 4 others
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Verica picks up $12m Series AVCJ•Jan 18, 2022•Verica, True Ventures, Mango Capital, Intel Capital and 1 other
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Data startup Axiom secures $4M from Crane Venture Partners, emerges from stealthTechCrunch+•Jun 09, 2020•Axiom, Crane Venture Partners, LocalGlobe, Fly Ventures and 2 others
