About Polyvalent Capital
Polyvalent Capital is a venture capital firm founded in 2017. It is primarily based out of Nicosia, Cyprus. As of Jul 2021, Polyvalent Capital has invested in 12 companies. It primarily invests in Series B 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 B round of Mighty Buildings Overall, Polyvalent Capital portfolio has seen 1 unicorn, 5 IPOs and 2 acquisitions including key companies like Uber, Coursera and DigitalOcean. A lot of funds co-invest with Polyvalent Capital, with names like Bold Capital Partners sharing a substantial percentage of its portfolio. Polyvalent Capital has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Polyvalent Capital's List of Top Investments
Polyvalent Capital has a portfolio of 12 companies, one of which is a Unicorn. Their most notable investments include Uber and Coursera.Their portfolio spans across United States, Puerto Rico, Switzerland and 1 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 13 other sectors, across stages such as Series B stage. Here is the list of top investments by Polyvalent 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: 161,587 as on Jun 30, 2026
- Investors: New Enterprise Associates, TrueBridge and 191 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
2. Coursera
Provider of online courses, professional certificates, and degree programs. The platform collaborates with universities and companies to deliver educational content. It offers opportunities for individuals to learn new skills and advance their careers. The platform provides learning resources for businesses to train their workforce.
Key facts about Coursera
- Founded Year: 2012
- Location: Mountain View (United States)
- Stage: Public
- Total Funding till date: $443M
- Employee Count: 6,501 as on May 31, 2026
- Investors: HTIF, Sprout Capital Partners and 49 Others
- Latest Funding Round: Series F, Jul 17, 2020, $*****
- Highlight: Public
3. DigitalOcean
Provider of cloud infrastructure, virtual machines, and managed database hosting. It offers tools for application development, AI and machine learning, and data analytics. The company provides virtual private networks, load balancers, and DDoS protection. It also features developer tools, APIs, and support plans.
Key facts about DigitalOcean
- Founded Year: 2011
- Location: New York City (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $174M
- Employee Count: 2,440 as on Jun 30, 2026
- Investors: HTIF, HighGear Ventures and 46 Others
- Latest Funding Round: Post IPO, Nov 2021, $*****
- Highlight: Public
4. Marqeta
Provider of a platform for modern card issuing and payment solutions. The platform allows businesses to integrate end-to-end credit and payment solutions. It enables the creation of tailored payment experiences and new card products. The platform offers features such as spend controls, fraud detection, and compliance tools. It facilitates the issuing of virtual cards and supports global expansion. The platform provides open APIs for creating payment products.
Key facts about Marqeta
- Founded Year: 2010
- Location: Oakland (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $528M
- Employee Count: 1,030 as on Jun 30, 2026
- Investors: HTIF, Harvest Growth Capital and 62 Others
- Latest Funding Round: Series E, Oct 08, 2020, $*****
- Highlight: Public
5. Acronis
Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity. The company delivers endpoint detection and response, data loss prevention, and security posture management. It offers solutions for service providers, businesses, and home users. The business provides support through customer service, product documentation, and a knowledge base.
Key facts about Acronis
- Founded Year: 2003
- Location: Schaffhausen (Switzerland)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $658M
- Employee Count: 1,993 as on Jun 30, 2026
- Investors: Sprout Capital Partners, Harvest Growth Capital and 27 Others
- Latest Funding Round: Series C, Jul 28, 2022, $*****
- Highlight: Acquired
Polyvalent Capital's Year-on-Year Investment Trends
Its most recent first time investment was in Mighty Buildings and most recent follow-on round was in Mighty Buildings.Polyvalent Capital's Investments by Stage
Polyvalent Capital has made 1 investment in Series B stage with an average round size of $40M.Polyvalent Capital's Investments by Sector
Polyvalent Capital has a diverse portfolio, with companies operating in the 3D Printing - Industry Applications, Enterprise Applications, High Tech and Real Estate and Construction Tech. Notably, it has invested in 12 Tech companies, 11 Enterprise (B2B) companies, 6 Software companies and at least 5 companies focusing on Saas.Sector | No. of Investments |
|---|---|
3D Printing - Industry Applications | 1 |
Enterprise Applications | 1 |
High Tech | 1 |
Real Estate and Construction Tech | 1 |
Note: We have considered here, only first round of investments
Polyvalent Capital's Investments by Geography
Polyvalent Capital has made most investments in United States (1).Polyvalent Capital's recent investments
Polyvalent Capital has not made any investment in 2026 so far.Here are the most recent investments by Polyvalent Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 13, 2021 | United States | Series B | 8272 | [+7] | |
Feb 08, 2021 | United States | Series B | 4155 | [+10] |
Unicorns in Polyvalent Capital's Portfolio
Polyvalent Capital has 1 unicorn in its portfolio - Fair. The most recent unicorn in their portfolio is Fair which became a unicorn in 2018, 7 years before Polyvalent Capital first invested in it.Here is a list of unicorns in Polyvalent Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | App-based platform to lease cars | 2016 | Santa Monica | Series B | gdxrsqc |
IPOs and Publicly Listed companies in Polyvalent Capital's Portfolio
5 of Polyvalent Capital's portfolio companies have become public. Marqeta got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2021 at marketcap of $14.3B and Coursera got listed on the New York Stock Exchange (NYSE) at marketcap of $4.3B.Here are Polyvalent Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 09, 2021 | - | - | 7760 | |
Mar 31, 2021 | - | - | 9341 | |
Mar 24, 2021 | - | - | 9929 | |
May 09, 2019 | - | - | 4153 | |
Oct 31, 2018 | - | - | 4533 |
Acquired companies in Polyvalent Capital's Portfolio
2 companies from Polyvalent Capital's portfolio have been acquired. The most recent acquisition was Acronis in Aug 2024 by EQT for $*****.Here are Polyvalent Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 07, 2024 | - | - | 3370 | |
Jul 12, 2024 | - | - | 3688 |
Team profile of Polyvalent Capital
Polyvalent Capital has a team of 2 members located in United Kingdom. Polyvalent Capital's team does not sit on the board of any company as of now.Co-investors of Polyvalent Capital
Over the past 5 years, 19 investors have co-invested in Polyvalent Capital's portfolio companies. This includes funds and angels.
- Invested before Polyvalent Capital: Y Combinator has invested before Polyvalent Capital.
- Top Co-investors of Polyvalent Capital: 11 investors entered a company along with Polyvalent Capital. These include investors like Bold Capital Partners (1 company).
- Invested after Polyvalent Capital: A total of 7 investors have invested in Polyvalent Capital's portfolio after their investments. Top Investors include Wa'ed Ventures (1 company), KB Financial Group (1 company) and Decacorn Capital (1 company).
Recent News related to Polyvalent Capital
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Mighty Buildings Raises $22M in FundingFinSMEs•Jul 14, 2021•Mighty Buildings, ArcTern Ventures, Core Innovation Capital, Decacorn Capital and 6 others
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Mighty Buildings Raises $40M In Series B FundingFinSMEs•Feb 10, 2021•Mighty Buildings, Khosla Ventures, Zeno Ventures, Bold Capital Partners and 9 others
