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About Pactolus Ventures
Pactolus Ventures is a venture capital firm founded in 2014. It is primarily based out of Boulder, United States. As of Jun 2020, Pactolus Ventures has invested in 22 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Seed round of Kopykitab Overall, Pactolus Ventures portfolio has seen 1 unicorn and 2 acquisitions, namely Betterment, Celo and Dropworks. A lot of funds co-invest with Pactolus Ventures, with names like Praveen Gandhi sharing a substantial percentage of its portfolio. Pactolus Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Unicorns
Portfolio Soonicorns
Pactolus Ventures' List of Top Investments
Pactolus Ventures has a portfolio of 22 companies, one of which is a Unicorn. Their most notable investments are in Busago and Busago.Their portfolio spans across United States and India. They have invested in High Tech, Enterprise Applications, Life Sciences and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Pactolus Ventures:
1. Betterment
Betterment is an app-based automated investment and retirement planning platform. It provides tools for spending, saving, and developing customised plans for the future. Users focus on investing in ETFs and cash reserves for long-term financial goals. the app is available for Android and iOS platform.
Key facts about Betterment
- Founded Year: 2010
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $335M
- Employee Count: 647 as on May 31, 2026
- Investors: SeedFord Partners, Glean Management and 42 Others
- Latest Funding Round: Conventional Debt, Sep 29, 2021, $*****
- Highlight: Editors' Pick
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2. Celo
Blockchain-based stable coins for social payments and money transfers. The coins are pegged to USD and other fiat currencies for enabling payments and transfers through wallets. It provides an algorithm for mapping wallet addresses to participants.
Key facts about Celo
- Founded Year: 2011
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $65M
- Employee Count: 50 as on Dec 31, 2022
- Investors: Andreessen Horowitz, General Catalyst and 52 Others
- Latest Funding Round: Series B, Apr 20, 2021, $*****
- Highlight: Acquired
Online EHR for private practice physicians to deliver patient-centered care. Its other solutions include charting, practice administration, and patient portals. The company claims to focus on user-experience research and design which allows a physician to see different pieces of information from their last visit and lab reports.
Key facts about Elation Health
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Series D
- Total Funding till date: $108M
- Employee Count: 237 as on May 31, 2026
- Investors: Generation Investment Management, Threshold and 13 Others
- Latest Funding Round: Series D, Jul 26, 2022, $*****
- Highlight: Editors' Pick
4. Forge Nano
Manufacturer of atomic layer deposition equipment and related coated materials. The company provides semi ALD systems for semiconductor wafer fabrication, applying ultra-thin coatings. It offers powder ALD equipment for coating granular materials, enhancing conductivity and stability. The company's products support advancements in energy storage, semiconductors, defense, and aerospace applications.
Key facts about Forge Nano
- Founded Year: 2013
- Location: Boulder (United States)
- Stage: Series D
- Total Funding till date: $203M
- Employee Count: 121 as on Mar 31, 2026
- Investors: Volkswagen Group, Townsend Capital and 16 Others
- Latest Funding Round: Grant (prize money), Sep 18, 2025, $*****
- Highlight: Editors' Pick
5. CytoVale
CytoVale is focussed on developing biomarkers for the early detection of sepsis, an infectious reaction that can lead to lung, kidney and liver failure. Its technology is based on the mechanical properties of individual cells (mechanomics). The instrument uses microfluidics to route and physically probe individual cells and claims to have the capacity to measure over 10 biophysical cell markers at rates above 2k cells per second, providing a high-throughput detection of the disease.
Key facts about CytoVale
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series D
- Total Funding till date: $207M
- Employee Count: 121 as on May 31, 2026
- Investors: Western Technology Investment, Medical Countermeasures and 19 Others
- Latest Funding Round: Series D, Oct 11, 2024, $*****
- Highlight: Editors' Pick
Pactolus Ventures' Year-on-Year Investment Trends
Pactolus Ventures has invested in 22 companies over the last 10 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Kopykitab and most recent follow-on round was in Busago.Pactolus Ventures' Investments by Stage
Pactolus Ventures has made 1 investment in Seed stage with an average round size of $199K, 1 investment in Series A stage with an average round size of $5.5M and 1 investment in Unattributed stage with an average round size of $224K.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series A | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Pactolus Ventures' Investments by Sector
Pactolus Ventures has a diverse portfolio, with companies operating in the Consumer, EdTech, Food and Agriculture Tech, High Tech and Media & Entertainment. Notably, it has invested in 19 Tech companies, 16 Enterprise (B2B) companies, 8 Consumer (B2C) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 1 |
EdTech | 1 |
Food and Agriculture Tech | 1 |
High Tech | 1 |
Media & Entertainment | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Pactolus Ventures' Investments by Geography
Pactolus Ventures has made most investments in India (2), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
India | 2 |
United States | 1 |
Note: We have considered here, only first round of investments
Pactolus Ventures' recent investments
Pactolus Ventures has not made any investment in 2026 so far.Here are the most recent investments by Pactolus Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 23, 2020 | India | Seed | 4024 | [+14] | |
Jun 04, 2018 | United States | Series A | 1228 | ||
Jul 18, 2017 | India | Unattributed | 1508 | - | |
Aug 16, 2016 | India | Unattributed | 1947 | - | |
- | India | Seed | 3617 |
Unicorns in Pactolus Ventures' Portfolio
Pactolus Ventures has 1 unicorn in its portfolio - Betterment. The most recent unicorn in their portfolio is Betterment which became a unicorn in 2021, 4 years before Pactolus Ventures first invested in it.Here is a list of unicorns in Pactolus Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
80 | App-based automated investment and retirement planning platform | 2010 | New York City | Series F | dqiyrfp |
Acquired companies in Pactolus Ventures' Portfolio
2 companies from Pactolus Ventures' portfolio have been acquired. The most recent acquisition was Dropworks in Oct 2021 by Bio Rad for $*****.Here are Pactolus Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 28, 2021 | - | - | 1716 | |
Jul 21, 2021 | - | - | 9541 |
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Team profile of Pactolus Ventures
Pactolus Ventures has a team of 1 member located in United States. Pactolus Ventures' team does not sit on the board of any company as of now.Co-investors of Pactolus Ventures
Over the past 10 years, 49 investors have co-invested in Pactolus Ventures's portfolio companies. This includes funds and angels.
- Invested before Pactolus Ventures: Gaurav Verma, Pravin Ratilal Gandhi and 36 others have invested in rounds before Pactolus Ventures. There is 1 company where Gaurav Verma has invested before Pactolus Ventures and 1 company where Pravin Ratilal Gandhi has invested before Pactolus Ventures.
- Top Co-investors of Pactolus Ventures: 10 investors entered a company along with Pactolus Ventures. These include investors like Praveen Gandhi (1 company).
- Invested after Pactolus Ventures: HHS (1 company) is the only investor which has invested in Pactolus Ventures's portfolio after their investments.
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