About Prefix Capital
Prefix Capital is a venture capital firm founded in 2019. It is primarily based out of San Francisco, United States. As of Aug 2023, Prefix Capital has invested in 22 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and FinTech. Most recently it participated in the $***** Series B round of Symmetry Systems Overall, Prefix Capital portfolio has seen 3 unicorns, 1 IPO and 4 acquisitions including key companies like Icebreaker Health, Tractable and Diamond Foundry. A lot of funds co-invest with Prefix Capital, with names like Mindset Ventures sharing a substantial percentage of its portfolio. Prefix Capital has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Prefix Capital's List of Top Investments
Prefix Capital has a portfolio of 22 companies, including 3 unicorns. Their most notable investments are in Vidmob and Symmetry Systems.Their portfolio spans across United States, Iceland, Ireland and 1 more locations. They have invested in High Tech, Enterprise Applications, FinTech and 17 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Prefix Capital:Lemonaid is an app, a part of Icebreaker Health, that offers patient counselling for conditions like acid reflux, erectile dysfunction, flu, hair loss, urinary tract infections and prescription of birth control pills. The visits cost $15 a piece and the company promises a two-hour turnaround time. After the patient fills out a questionnaire, the doctor can write them a prescription and send it to a local pharmacy. User can pick up their prescription and pay at the pharmacy.
Key facts about Icebreaker Health
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $64.7M
- Employee Count: 182 as on Dec 31, 2022
- Investors: Health Velocity Capital, Artis Ventures and 14 Others
- Latest Funding Round: Series B, Jul 31, 2020, $*****
- Highlight: Acquired
2. Tractable
Provider of AI-based vehicle inspection solutions for insurers and the automotive industry. It provides solutions for agents to validate vehicle insurance claims by analyzing damaged vehicle images and claim reports. Its deep learning-based visual inspection system can apply multi-instance learning to provide an assessment from multiple pictures of the damage.
Key facts about Tractable
- Founded Year: 2014
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $185M
- Employee Count: 117 as on Dec 31, 2024
- Investors: Insight Partners, SoftBank Vision Fund and 17 Others
- Latest Funding Round: Series E, Jul 18, 2023, $*****
- Highlight: Editors' Pick
Diamond Foundry is a technology company that specializes in creating diamonds using sustainable and eco-friendly methods. They offer innovative diamond wafer technology and insights.
Key facts about Diamond Foundry
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $315M
- Investors: Fidelity Investments, Future Shape and 6 Others
- Latest Funding Round: Series D, Mar 15, 2021, $*****
- Highlight: Editors' Pick
4. Manus Bio
Developer of phytochemicals using microbial fermentation. It produces sustainable eco-friendly products using natural resources for our daily life needs. They recreate natural processes in the microorganism. It converts carbon and plant-derived substrates to produce natural ingredients, with applications as flavours, fragrance, food ingredients, cosmetics, vitamins, pharmaceuticals, and agricultural chemicals.
Key facts about Manus Bio
- Founded Year: 2011
- Location: Cambridge (United States)
- Stage: Series B
- Total Funding till date: $125M
- Employee Count: 88 as on Jul 01, 2024
- Investors: Gates Foundation, Energy Impact Partners and 17 Others
- Latest Funding Round: Series B, May 31, 2023, $*****
- Highlight: Editors' Pick
5. Ample
Developer of automatic battery swapping solutions for electric vehicles. The platform provides users with modular battery swapping solutions, computer vision-enabled battery identification solution, fast charging, and more. It offers solutions for fleet operators, car makers, and more.
Key facts about Ample
- Founded Year: 2014
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $301M
- Investors: Shell Ventures, WorldQuant Ventures and 20 Others
- Latest Funding Round: Series D, Nov 19, 2024, $*****
- Highlight: Editors' Pick
Prefix Capital's Year-on-Year Investment Trends
Prefix Capital has invested in 22 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Base Operations and most recent follow-on round was in Symmetry Systems.Prefix Capital's Investments by Stage
Prefix Capital has made 2 investments in Seed stage with an average round size of $3M, 1 investment in Series A stage with an average round size of $10.1M and 1 investment in Series C stage with an average round size of $50M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Prefix Capital's Investments by Sector
Prefix Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Artificial Intelligence - Industry Applications, Big Data - Industry Applications and Blockchain - Industry Applications. Notably, it has invested in 19 Enterprise (B2B) companies, 19 Tech companies, 11 Software companies and at least 5 companies focusing on AI-Native.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
FinTech | 2 |
Artificial Intelligence - Industry Applications | 1 |
Big Data - Industry Applications | 1 |
Blockchain - Industry Applications | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Prefix Capital's Investments by Geography
Prefix Capital has made most investments in United States (4).Prefix Capital's recent investments
Prefix Capital has not made any investment in 2026 so far.Here are the most recent investments by Prefix Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 09, 2023 | United States | Series B | 3678 | [+3] | |
Sep 07, 2021 | United States | Seed | 5979 | [+4] | |
Jun 23, 2021 | United States | Series A | 7673 | [+8] | |
Mar 18, 2021 | United States | Series A | 2719 | ||
Feb 23, 2021 | United States | Series C | 9927 | [+9] |
Unicorns in Prefix Capital's Portfolio
Prefix Capital has 3 unicorns in its portfolio - Ample, Tractable and Diamond Foundry. The most recent unicorn in their portfolio is Ample. It became a unicorn in 2021, 4 years before Prefix Capital first invested in it.Here is a list of unicorns in Prefix Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Provider of modular battery swapping for electric vehicles | 2014 | San Francisco | Series D | zuebkqx | ||
58 | Developer of AI solutions for damage assessment and part identification | 2014 | London | Series E | krhwtku | ||
57 | Technology company that specializes in creating diamonds using sustainable and eco-friendly methods | 2012 | San Francisco | Series D | iuzbzoa |
IPOs and Publicly Listed companies in Prefix Capital's Portfolio
1 of Prefix Capital's portfolio company became public - Agrify. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2021 at marketcap of $127MHere are Prefix Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 28, 2021 | - | - | 2485 |
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Acquired companies in Prefix Capital's Portfolio
4 companies from Prefix Capital's portfolio have been acquired. The most recent acquisition were Rewrite Therapeutics in Feb 2022 by Intellia Therapeutics for $45M.Here are Prefix Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 03, 2022 | - | - | 9414 | |
Oct 22, 2021 | - | - | 2359 | |
Jun 17, 2019 | - | - | 6359 | |
Aug 09, 2016 | - | - | 1555 |
Team profile of Prefix Capital
Prefix Capital has a team of 3 members including 2 Partners and 1 Principal located in United States. Prefix Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Prefix Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | - | - | ||
Principal | San Francisco | - |
Co-investors of Prefix Capital
Over the past 6 years, 54 investors have co-invested in Prefix Capital's portfolio companies. This includes funds and angels.
- Invested before Prefix Capital: Tokyo Electric Power Company, The Westly Group and 18 others have invested in rounds before Prefix Capital. There is 1 company where Tokyo Electric Power Company has invested before Prefix Capital and 1 company where The Westly Group has invested before Prefix Capital.
- Top Co-investors of Prefix Capital: 11 investors entered a company along with Prefix Capital. These include investors like Mindset Ventures (1 company).
- Invested after Prefix Capital: A total of 23 investors have invested in Prefix Capital's portfolio after their investments. Top Investors include Robert Bosch Venture Capital (1 company), BMW i Ventures (1 company) and MassMutual Ventures (1 company).
Recent News related to Prefix Capital
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Symmetry Systems Ramps Up Hybrid-Cloud Data Security with $15 Million Series A FundingSecurity Boulevard•Mar 29, 2024•Symmetry Systems, Prefix Capital, ForgePoint Capital, Accenture
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Symmetry Systems Elevates Data Security With $18M Funding BoostSuperbCrew•Aug 11, 2023•Symmetry Systems, Prefix Capital, W11 Capital, ForgePoint Capital and 1 other
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Symmetry Systems Raises $17.7M in FundingFinSMEs•Aug 09, 2023•Symmetry Systems, ForgePoint Capital, Prefix Capital, W11 Capital and 2 others
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Base Operations Raises $3 Million Seed 2 Funding Round Led by Mindset VenturesBusiness Wire•Dec 14, 2021•Base Operations, Mindset Ventures, Prefix Capital, Good Growth Capital and 3 others
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Symmetry Systems Raises $15 Million to Expand Leadership in Hybrid-Cloud Data SecurityGlobalsecuritymag•Jun 23, 2021•Symmetry Systems, Prefix Capital, ForgePoint Capital, Accenture
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Vidmob Raises $ 50 Million On Series C To Accelerate Widespread Adoption Of Its Intelligent Advertising PlatformBusiness Wire•Feb 25, 2021•Vidmob, Macanta Investments, Interlock Partners, BuildGroup and 6 others
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VidMob set to hire dozens of Israelis following new $50 million funding roundCTech•Feb 24, 2021•Vidmob, Adobe, Shutterstock, Spruce House Investment Management and 6 others
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Adobe and Shutterstock back VidMob as it Raises $50 MillionWhich-50•Feb 24, 2021•Vidmob, Prefix Capital, BuildGroup, Interlock Partners and 1 other
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Symmetry Systems Raises $3M in Seed FundingFinSMEs•Aug 11, 2020•Symmetry Systems, ForgePoint Capital, Prefix Capital
