About Olive Tree Capital
Olive Tree Capital is a venture capital firm founded in 2013. It is primarily based out of Boston, United States. As of May 2026, Olive Tree Capital is an active investor, having invested in 77 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of Flick Overall, Olive Tree Capital portfolio has seen 7 unicorns, 2 IPOs and 6 acquisitions including key companies like Uber, Xendit and Indigo. A lot of funds co-invest with Olive Tree Capital, with names like Soma Capital sharing a substantial percentage of its portfolio. Olive Tree Capital has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Olive Tree Capital's List of Top Investments
Olive Tree Capital has a portfolio of 77 companies, including 7 unicorns. Their most notable investments are in Serif Health and BluumBio.Their portfolio spans across United States, India, Nigeria and 8 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 28 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Olive Tree Capital:
1. Uber
Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 164,796 as on Jul 31, 2026
- Investors: TrueBridge, Benchmark and 191 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
2. Ramp
Provider of a platform for spend management, corporate cards, and payables. The platform offers features such as expense management, accounts payable processing, and travel management. It also provides procurement and accounting automation capabilities. The platform aims to streamline financial operations and improve efficiency for finance teams.
Key facts about Ramp
- Founded Year: 2019
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $3.22B
- Employee Count: 2,718 as on Jul 31, 2026
- Investors: equitywestsecurities.com, T. Rowe Price and 71 Others
- Latest Funding Round: Series F, Jun 04, 2026, $*****
- Highlight: Editors' Pick
3. Xendit
Online payment and money transfer platform for businesses. The company serves commerce startups to large enterprises enabling businesses to accept payments, disburse payroll, run marketplaces, and more. Payments can be accepted via multiple channels including direct debit, virtual accounts, credit and debit cards, e-wallets, retail outlets, online installments, and more. Application is made available on Android and iOS platforms.
Key facts about Xendit
- Founded Year: 2015
- Location: Jakarta (Indonesia)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $554M
- Employee Count: 621 as on Jul 31, 2026
- Investors: Toba Capital, LionRock Capital and 28 Others
- Latest Funding Round: Series D, Sep 07, 2022, $*****
- Highlight: Editors' Pick
4. Indigo
Provider of biological and sustainability solutions for the agriculture industry. The company offers biological products that harness the plant microbiome to protect crops. It also provides sustainability programs that help scale sustainable practices. These solutions aim to reduce emissions, conserve water, and improve farm profitability.
Key facts about Indigo
- Founded Year: 2013
- Location: Boston (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.4B
- Employee Count: 1,366 as on Jul 31, 2026
- Investors: InvestX, Baillie Gifford and 26 Others
- Latest Funding Round: Series G, Sep 15, 2023, $*****
- Highlight: Editors' Pick
5. Intercom
Provider of a customer service and support platform offering AI-powered solutions for managing customer interactions. It is a customer service platform that uses AI-powered technology to help businesses deliver personalized and automated support experiences. The platform offers various tools and features, including a helpdesk, AI Agent, and REST API, to streamline customer interactions and improve customer satisfaction.
Key facts about Intercom
- Founded Year: 2011
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $242M
- Employee Count: 1,084 as on Jul 31, 2026
- Investors: Sprout Capital Partners, Founders Circle Capital and 41 Others
- Latest Funding Round: Conventional Debt, Mar 09, 2026, $*****
- Highlight: Editors' Pick
Olive Tree Capital's Year-on-Year Investment Trends
Olive Tree Capital has invested in 77 companies over the last 11 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of May 2026, it has made 3 investments in this year. Its most recent first time investment was in Flick and most recent follow-on round was in DermBiont.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 6 | 0 | 6 |
2024 | 1 | 0 | 1 |
2023 | 5 | 2 | 7 |
2022 | 13 | 1 | 14 |
2021 | 8 | 1 | 9 |
2020 | 1 | 1 | 2 |
2019 | 1 | 0 | 1 |
2018 | 3 | 0 | 3 |
2017 | 1 | 0 | 1 |
Olive Tree Capital's Investments by Stage
Olive Tree Capital has made 29 investments in Seed stage with an average round size of $4.07M, 9 investments in Series A stage with an average round size of $19.9M, 4 investments in Series B stage with an average round size of $22.9M and 2 investments in Series C stage with an average round size of $52.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 29 |
Series A | 9 |
Series B | 4 |
Series C | 2 |
Note: We have considered here, only first round of investments
Olive Tree Capital's Investments by Sector
Olive Tree Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, High Tech, Consumer and HealthTech. Notably, it has invested in 73 Tech companies, 58 Enterprise (B2B) companies, 45 Software companies and at least 28 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 20 |
FinTech | 13 |
High Tech | 7 |
Consumer | 6 |
HealthTech | 5 |
Others | 45 |
Note: We have considered here, only first round of investments
Olive Tree Capital's Investments by Geography
Olive Tree Capital has made most investments in United States (28), followed by India where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 28 |
India | 6 |
Nigeria | 4 |
United Arab Emirates | 3 |
Brazil | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Olive Tree Capital's recent investments
Olive Tree Capital has made 3 investments in 2026 so far. Flick and Maverick X are the latest among them.Here are the most recent investments by Olive Tree Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 14, 2026 | United States | Seed | 3822 | [+5] | |
May 01, 2026 | United States | Series B | 5741 | ||
Feb 18, 2026 | United States | Series B | 7632 | [+5] | |
May 06, 2025 | United States | Seed | 5618 | [+23] | |
Apr 03, 2025 | United States | Series B | 1679 | [+4] |
Unicorns in Olive Tree Capital's Portfolio
Olive Tree Capital has 7 unicorns in its portfolio - Axelar, Xendit, Dapper Labs and others. The most recent unicorn in their portfolio is Axelar. It became a unicorn in 2022.Here is a list of unicorns in Olive Tree Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Online platform for cross-chain communication for web3 | 2020 | Toronto | Series B | nqzajkn | ||
83 | Online payment and money transfer platform for businesses | 2015 | Jakarta | Series D | e{eeadk | ||
74 | Blockchain-based games developer for PC and console | 2018 | Vancouver | Series D | xswnten | ||
66 | Manufacturer of supersonic passenger airplanes | 2014 | Denver | Series B | ophpfaz | ||
78 | Provider of biological and sustainability solutions for the agriculture industry | 2013 | Boston | Series G | mtnugfk |
IPOs and Publicly Listed companies in Olive Tree Capital's Portfolio
2 of Olive Tree Capital's portfolio companies have become public. Quanergy Com got listed on the New York Stock Exchange (NYSE), in Apr 2020 at marketcap of undefined and Uber got listed on the New York Stock Exchange (NYSE) at marketcap of $8.1B.Here are Olive Tree Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 24, 2020 | - | - | 4290 | |
May 09, 2019 | - | - | 2731 |
Acquired companies in Olive Tree Capital's Portfolio
6 companies from Olive Tree Capital's portfolio have been acquired. The most recent acquisition was TVision Insights in Apr 2026 by Viant for $*****.Here are Olive Tree Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 15, 2026 | - | - | 4458 | |
Feb 18, 2026 | Sep 15, 2022 | Seed | 8020 | |
Mar 21, 2025 | Dec 05, 2018 | Series C | 7991 | |
May 08, 2023 | Jun 22, 2021 | Seed | 6702 | |
Dec 23, 2020 | - | - | 8746 |
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Team profile of Olive Tree Capital
Olive Tree Capital has a team of 3 members including 2 Partners and 1 Principal located in United States. Olive Tree Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Olive Tree Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Boston | - | ||
Partner | Boston | - | ||
Principal | Boston | - |
Co-investors of Olive Tree Capital
Over the past 11 years, 402 investors have co-invested in Olive Tree Capital's portfolio companies. This includes funds and angels.
- Invested before Olive Tree Capital: Y Combinator, Zola Global and 99 others have invested in rounds before Olive Tree Capital. There are 19 companies where Y Combinator has invested before Olive Tree Capital and 2 companies where Zola Global has invested before Olive Tree Capital.
- Top Co-investors of Olive Tree Capital: 230 investors entered a company along with Olive Tree Capital. These include investors like Soma Capital (8 companies).
- Invested after Olive Tree Capital: A total of 71 investors have invested in Olive Tree Capital's portfolio after their investments. Top Investors include Gaingels (2 companies), SoftBank Vision Fund (1 company) and Advance Venture Partners (1 company).
Recent News related to Olive Tree Capital
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Flick Raises $6 Million in Seed Funding to Redefine AI-Generated Film CreationYahoo•May 14, 2026•Flick, True Ventures, Y Combinator, Google Ventures and 4 others
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Maverick Metals Secures $19M to Boost Copper & Critical Metals Supply ChainsCanadian Mining Journal•Apr 04, 2025•Olive Tree Capital, Y Combinator, Hanwha, Liquid 2 Ventures and 3 others
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Spaceium Closes $6.3M Seed FundingFinSMEs•Jan 24, 2025•Spaceium, Initialized Capital, Zeno Partners, Olive Tree Capital and 22 others
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Arva AI secures $3Million in fundingStartup Rise EU•Jan 15, 2025•Arva, Gradient Ventures, Google, Y Combinator and 2 others
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Indian-Founded Arva AI Raises $3 Million in Google-Backed FundingAnalytics India Magazine•Jan 15, 2025•Arva, Y Combinator, Amino Capital, Olive Tree Capital and 1 other
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Arva AI secures $3M from Google’s AI fundArva•Jan 14, 2025•Arva, , Gradient Ventures, Olive Tree Capital and 2 others
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Payment and liquidity platform Waza raised $8 M debt and equity fundingIncubees•Aug 21, 2024•WAZA, Y Combinator, Norrsken Foundation, Heirloom and 5 others
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AI tech startup Ozone launches with $7.1 million to revolutionize video editingTechStartups.com•Nov 08, 2023•Ozone, Y Combinator, New Enterprise Associates, General Catalyst and 8 others
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