About Pegasus Tech Ventures
Pegasus Tech Ventures is a venture capital firm founded in 2011. It is primarily based out of San Jose, United States. As of Jul 2026, Pegasus Tech Ventures is an active investor, having invested in 234 companies, with 5 new investments in the last 12 months. It primarily invests in Series B round in Japan 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 AZUL Energy Overall, Pegasus Tech Ventures portfolio has seen 14 unicorns, 28 IPOs and 35 acquisitions including key companies like Robinhood, Airbnb and Instacart. A lot of funds co-invest with Pegasus Tech Ventures, with names like SIG sharing a substantial percentage of its portfolio. Pegasus Tech Ventures has team of 73 people including 18 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 5 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Pegasus Tech Ventures' List of Top Investments
Pegasus Tech Ventures has a portfolio of 234 companies, including 14 unicorns. Their most notable investments are in Homebase and Epicore Biosystems.Their portfolio spans across United States, Japan, Indonesia and 15 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 37 other sectors, across stages such as Seed, Series B and 5 more. Here is the list of top investments by Pegasus Tech Ventures:
1. Robinhood
Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.
Key facts about Robinhood
- Founded Year: 2013
- Location: Menlo Park (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $5.73B
- Employee Count: 5,007 as on Jul 31, 2026
- Investors: HTIF, ADS Ventures and 151 Others
- Latest Funding Round: Post IPO, May 13, 2022, $*****
- Highlight: Public
2. Airbnb
Provider of accommodations, experiences, and related services through an online platform. The platform facilitates connections between hosts and individuals seeking lodging and activities. It offers a variety of options for stays and curated experiences. The platform also provides resources for individuals interested in becoming hosts.
Key facts about Airbnb
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $3.07B
- Employee Count: 72,164 as on Jul 31, 2026
- Investors: 2020 Ventures, Silver Lake and 164 Others
- Latest Funding Round: Series E, Apr 06, 2020, $*****
- Highlight: Public
3. Instacart
Operator of an online marketplace providing grocery and delivery services. The platform connects customers with personal shoppers who fulfill orders from various retailers. Customers can select items, chat with shoppers, and schedule delivery or pickup. The marketplace offers a range of grocery, household, and other retail products. It also provides options for membership and business accounts.
Key facts about Instacart
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.93B
- Employee Count: 25,190 as on Jul 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 85 Others
- Latest Funding Round: Series F, Oct 15, 2021, $*****
- Highlight: Public
4. DoorDash
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,579 as on May 31, 2026
- Investors: T. Rowe Price, Founders Circle Capital and 56 Others
- Latest Funding Round: Series H, Jun 18, 2020, $*****
- Highlight: Public
5. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,257 as on Jul 31, 2026
- Investors: Intel, 2020 Ventures and 147 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
Pegasus Tech Ventures' Year-on-Year Investment Trends
Pegasus Tech Ventures has invested in 235 companies over the last 10 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Jul 2026, it has made 3 investments in this year. Its most recent first time investment was in AZUL Energy and most recent follow-on round was in GrubMarket.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 5 | 1 | 6 |
2024 | 4 | 0 | 4 |
2023 | 2 | 1 | 3 |
2022 | 14 | 1 | 15 |
2021 | 6 | 2 | 8 |
2020 | 11 | 1 | 12 |
2019 | 10 | 0 | 10 |
2018 | 2 | 0 | 2 |
2017 | 1 | 0 | 1 |
Pegasus Tech Ventures' Investments by Stage
Pegasus Tech Ventures has made 15 investments in Seed stage with an average round size of $1.78M, 15 investments in Series B stage with an average round size of $33.4M and 14 investments in Series A stage with an average round size of $8.87M.Stage of entry | No. of Investments |
|---|---|
Seed | 15 |
Series B | 15 |
Series A | 14 |
Series C | 10 |
Grant (prize money) | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
Pegasus Tech Ventures' Investments by Sector
Pegasus Tech Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, FinTech and Auto Tech. Notably, it has invested in 200 Tech companies, 146 Enterprise (B2B) companies, 108 Software companies and at least 98 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 22 |
High Tech | 20 |
Consumer | 10 |
FinTech | 8 |
Auto Tech | 6 |
Others | 88 |
Note: We have considered here, only first round of investments
Pegasus Tech Ventures' Investments by Geography
Pegasus Tech Ventures has made most investments in Japan (20), followed by United States where it has made 19 investments.Country | No. of Investments |
|---|---|
Japan | 20 |
United States | 19 |
Indonesia | 5 |
Canada | 3 |
Singapore | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
Pegasus Tech Ventures' recent investments
Pegasus Tech Ventures has made 3 investments in 2026 so far. AZUL Energy and LINK-US are the latest among them.Here are the most recent investments by Pegasus Tech Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 30, 2026 | Japan | Series A | 6461 | [+1] | |
Mar 18, 2026 | Japan | Series C | 5197 | [+1] | |
Feb 06, 2026 | - | Series C | 7791 | [+7] | |
Dec 18, 2025 | Switzerland | Series A | 3043 | [+5] | |
Nov 06, 2025 | United States | Series C | 8490 | [+15] |
Unicorns in Pegasus Tech Ventures' Portfolio
Pegasus Tech Ventures has 14 unicorns in its portfolio - Deepgram, DispatchHealth, Roofstock and others. The most recent unicorn in their portfolio is Deepgram. It became a unicorn in 2026, 9 years after Pegasus Tech Ventures first invested in it.Here is a list of unicorns in Pegasus Tech Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Provider of AI-based speech transcription software | 2015 | San Francisco | Series C | exzevsk | ||
65 | Provider of on-demand physician visits at home | 2013 | Denver | Series D | wfxzwc{ | ||
60 | Online platform for real estate investments | 2015 | Oakland | Series E | gfeqtpv | ||
75 | Provider of business loans and lines of credit for enterprises | 2013 | Plano | Series D | quaiapb | ||
64 | Provider of an open-source machine learning platform | 2012 | Mountain View | Series E | lackydc |
IPOs and Publicly Listed companies in Pegasus Tech Ventures' Portfolio
28 of Pegasus Tech Ventures' portfolio companies have become public. StradVision got listed on the Korea Exchange (KRX), in Jun 2026 at marketcap of $413M and SpaceX got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $996B.Here are Pegasus Tech Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2026 | Jun 24, 2020 | Series B | 3783 | |
Jun 12, 2026 | - | - | 2099 | |
Mar 26, 2026 | Nov 09, 2022 | Series C | 6450 | |
Nov 04, 2025 | - | - | 1849 | |
Sep 19, 2023 | - | - | 7625 |
Acquired companies in Pegasus Tech Ventures' Portfolio
35 companies from Pegasus Tech Ventures' portfolio have been acquired. The most recent acquisition was Railbird in Oct 2025 by DraftKings for $*****.Here are Pegasus Tech Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 22, 2025 | - | - | 8530 | |
Jul 28, 2025 | - | - | 1981 | |
Jun 13, 2025 | - | - | 5210 | |
Mar 29, 2025 | - | - | 6995 | |
Jun 21, 2024 | - | - | 1384 |
Team profile of Pegasus Tech Ventures
Pegasus Tech Ventures has a team of 73 members including 18 Partners, 2 Venture Partners and 3 Principals located in United States, China and 3 more locations. Pegasus Tech Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Pegasus Tech Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Altos | - | - | |
Partner | San Jose | - | ||
Partner | Los Altos | - | ||
Partner | San Jose | - | ||
Partner | Chengdu | - | ||
Partner | San Jose | - | ||
Partner | Japan | - | ||
Partner | Japan | - | ||
Partner | San Francisco | - | ||
Partner | China | - | - |
Co-investors of Pegasus Tech Ventures
Over the past 10 years, 698 investors have co-invested in Pegasus Tech Ventures's portfolio companies. This includes funds and angels.
- Invested before Pegasus Tech Ventures: Y Combinator, Tiger Global Management and 315 others have invested in rounds before Pegasus Tech Ventures. There are 7 companies where Y Combinator has invested before Pegasus Tech Ventures and 3 companies where Tiger Global Management has invested before Pegasus Tech Ventures.
- Top Co-investors of Pegasus Tech Ventures: 193 investors entered a company along with Pegasus Tech Ventures. These include investors like SIG (2 companies).
- Invested after Pegasus Tech Ventures: A total of 188 investors have invested in Pegasus Tech Ventures's portfolio after their investments. Top Investors include Gaingels (2 companies), Japan Post Capital (2 companies) and Salesforce Ventures (2 companies).
Recent News related to Pegasus Tech Ventures
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Pegasus Tech Ventures and AISIN Expand CVC Fund to $100 MillionBusiness Wire•Feb 24, 2026•Pegasus Tech Ventures, AISIN
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Surf AI-Driven Digital Asset Analysis Platform Secures $15 Million Funding RoundCryptobreaking•Dec 11, 2025•Pantera Capital, Coinbase, Surf AI, Digital Currency Group and 41 others
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GrubMarket Secures $50 Million in Series G Funding to Fuel Growth and AI InitiativesPerishableNews.com•Apr 04, 2025•Liberty Street Funds, GrubMarket, ROC Venture Group, Portfolia and 2 others
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GrubMarket raises $50M at $3.5B+ valuation to build AI for the $1 trillion food distribution industryTechCrunch+•Mar 18, 2025•GrubMarket, Joseph Stone Capital, Liberty Street Funds, Pegasus Tech Ventures and 6 others
