About Reinvent Capital
Reinvent Capital is a venture capital firm founded in 2018. It is primarily based out of San Francisco, United States. As of Nov 2021, Reinvent Capital has invested in 13 companies. It primarily invests in Series E round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Consumer and Enterprise Applications. Most recently it participated in the $***** Series D round of frete Overall, Reinvent Capital portfolio has seen 4 unicorns, 4 IPOs and 3 acquisitions including key companies like Lyft, Oscar and Matterport. A lot of funds co-invest with Reinvent Capital, with names like Fidelity Investments sharing a substantial percentage of its portfolio. Reinvent Capital has team of 4 people including 2 partners.Key Metrics
Reinvent Capital's List of Top Investments
Reinvent Capital has a portfolio of 13 companies, including 4 unicorns. Their most notable investments are in Zipline and Gopuff.Their portfolio spans across United States and Brazil. They have invested in High Tech, Consumer, Enterprise Applications and 14 other sectors, across stages such as Series D, Series E and 3 more. Here is the list of top investments by Reinvent Capital:1. Lyft
Network facilitating on-demand transportation and ride scheduling services for individuals. It provides options for immediate rides, scheduled pickups, and various vehicle types. The network offers programs for business transportation needs. It also focuses on safety measures and community support initiatives.
Key facts about Lyft
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $5.02B
- Employee Count: 3,913 as on Dec 31, 2025
- Investors: HTIF, Kaplan Group Investments and 161 Others
- Latest Funding Round: Series I, Aug 06, 2018, $*****
- Highlight: Public
2. Oscar
Online health insurance platform for individuals and businesses. It offers health insurance solutions including dental coverage, prescription-based medicine coverage, vision protection, gym benefits, and more. It also offers a platform for brokers to sell insurance.
Key facts about Oscar
- Founded Year: 2012
- Location: New York City (United States)
- Annual Revenue: $9.18B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $1.63B
- Employee Count: 2,616 as on Mar 31, 2026
- Investors: Glynn Capital, Fidelity Investments and 47 Others
- Latest Funding Round: Series D, Dec 17, 2020, $*****
- Highlight: Public
3. Matterport
Provider of 3D digital twin solutions for various industry applications. It offers tools for corporate real estate, design and construction, and facilities management. The company's solutions integrate with platforms like Procore and Autodesk. It facilitates property marketing through immersive 3D tours, floor plans, and print-quality photos.
Key facts about Matterport
- Founded Year: 2011
- Location: Sunnyvale (United States)
- Annual Revenue: $170M as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $163M
- Employee Count: 532 as on Mar 31, 2026
- Investors: Luminari Capital, Trinity Capital and 39 Others
- Latest Funding Round: Series D, Jul 24, 2020, $*****
- Highlight: Acquired
4. Aurora
Developer of self-driving technology for integration into freight operations. The technology is built of hardware and software intended to improve road safety and supply chain efficiency. It integrates into existing freight operations and operates trucks nearly continuously. It develops hardware, software, and data services to enable self-driving in passenger vehicles, light trucks, and more.
Key facts about Aurora
- Founded Year: 2017
- Location: Mountain View (United States)
- Annual Revenue: $82M as on Dec 31, 2021
- Stage: Public
- Total Funding till date: $693M
- Employee Count: 2,471 as on Mar 31, 2026
- Investors: Amazon, Index Ventures and 15 Others
- Latest Funding Round: Post IPO, Jul 28, 2023, $*****
- Highlight: Public
5. Gopuff
Online platform offering on-demand delivery services for food and groceries. The company offers delivery services for snacks, drinks & alcohol, fruits & vegetables, frozen foods, and many more. It also offers services for electronics, household essentials, home care product delivery, and more. Users can browse and order online from their nearby local micro-fulfillment center and get the products delivered. The company also has a loyalty program where users are provided with reward points that can be redeemed for prizes. The app is available on the Android & iOS platforms.
Key facts about Gopuff
- Founded Year: 2013
- Location: Philadelphia (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $5.14B
- Employee Count: 3,631 as on Jan 08, 2026
- Investors: equitywestsecurities.com, SIZE and 28 Others
- Latest Funding Round: Angel, May 18, 2022, $*****
- Highlight: Editors' Pick
Reinvent Capital's Year-on-Year Investment Trends
Reinvent Capital has invested in 13 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in frete.Reinvent Capital's Investments by Stage
Reinvent Capital has made 2 investments in Series D stage with an average round size of $170M, 2 investments in Series E stage with an average round size of $195M, 1 investment in Series A stage with an average round size of $50M, 1 investment in Series C stage with an average round size of $1.5B and 1 investment in Series F stage with an average round size of $475M.Stage of entry | No. of Investments |
|---|---|
Series D | 2 |
Series E | 2 |
Series A | 1 |
Series C | 1 |
Series F | 1 |
Note: We have considered here, only first round of investments
Reinvent Capital's Investments by Sector
Reinvent Capital has a diverse portfolio, with companies operating in the Consumer, Transportation and Logistics Tech, Enterprise Applications, Gig Economy and High Tech. Notably, it has invested in 12 Tech companies, 9 Enterprise (B2B) companies, 7 Consumer (B2C) companies and at least 5 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Consumer | 4 |
Transportation and Logistics Tech | 3 |
Enterprise Applications | 2 |
Gig Economy | 2 |
High Tech | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Reinvent Capital's Investments by Geography
Reinvent Capital has made most investments in United States (6), followed by Brazil where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 6 |
Brazil | 1 |
Note: We have considered here, only first round of investments
Reinvent Capital's recent investments
Reinvent Capital has not made any investment in 2026 so far.Here are the most recent investments by Reinvent Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 10, 2021 | Brazil | Series D | 5898 | ||
May 11, 2021 | United States | Series E | 3364 | [+5] | |
Mar 23, 2021 | United States | Series C | 3725 | [+4] | |
Mar 23, 2021 | United States | Series F | 1744 | [+9] | |
Mar 11, 2021 | United States | Series A | 7820 | [+2] |
Unicorns in Reinvent Capital's Portfolio
Reinvent Capital has 4 unicorns in its portfolio - Nimble, frete, Zipline and others. The most recent unicorn in their portfolio is Nimble. It became a unicorn in 2024, 3 years after Reinvent Capital first invested in it.Here is a list of unicorns in Reinvent Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
62 | Provider of robotic third-party logistics services for various product categories | 2017 | San Francisco | Series C | wevrmcr | ||
54 | Road freight transport platform | 2021 | Sao Paulo | Series D | pgwbaqq | ||
65 | Operator of drone delivery and logistics | 2011 | San Francisco | Series H | xwwsxze | ||
70 | Provider of AI platform delivering real-time event, threat, and risk intelligence | 2009 | New York City | Series F | rhrmicp |
IPOs and Publicly Listed companies in Reinvent Capital's Portfolio
4 of Reinvent Capital's portfolio companies have become public. Aurora got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2021 and Oscar got listed on the New York Stock Exchange (NYSE) at marketcap of $7.92B.Here are Reinvent Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 10, 2021 | - | - | 1529 | |
Mar 03, 2021 | Dec 17, 2020 | Series D | 2084 | |
Jan 15, 2021 | - | - | 9764 | |
Mar 29, 2019 | - | - | 8253 |
Acquired companies in Reinvent Capital's Portfolio
3 companies from Reinvent Capital's portfolio have been acquired. The most recent acquisition were Matterport in Apr 2024 by CoStar Group for $1.6B.Here are Reinvent Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 22, 2024 | - | - | 2800 | |
Feb 10, 2024 | - | - | 3151 | |
May 24, 2022 | Oct 14, 2020 | Series E | 5073 |
Team profile of Reinvent Capital
Reinvent Capital has a team of 4 members including 2 Partners located in United States. Reinvent Capital's team does not sit on the board of any company as of now.Co-investors of Reinvent Capital
Over the past 6 years, 147 investors have co-invested in Reinvent Capital's portfolio companies. This includes funds and angels.
- Invested before Reinvent Capital: Goldman Sachs, General Catalyst and 93 others have invested in rounds before Reinvent Capital. There are 3 companies where Goldman Sachs has invested before Reinvent Capital and 2 companies where General Catalyst has invested before Reinvent Capital.
- Top Co-investors of Reinvent Capital: 33 investors entered a company along with Reinvent Capital. These include investors like Fidelity Investments (2 companies).
- Invested after Reinvent Capital: A total of 19 investors have invested in Reinvent Capital's portfolio after their investments. Top Investors include Bob Iger (1 company), Guggenheim Investments (1 company) and Hedosophia (1 company).
Recent News related to Reinvent Capital
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Bay Area drone startup Zipline has raised $330M at a valuation of $4.2BTech Funding News•May 03, 2023•Sequoia Capital, Andreessen Horowitz, Katalyst Ventures, Google Ventures and 4 others
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Venture Capital: Delivery Drone Maker Zipline Lands $330M Series F RoundDailyAlts•May 02, 2023•Sequoia Capital, Andreessen Horowitz, Katalyst Ventures, Pactolus Ventures and 3 others
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Drone delivery firm Zipline raises $330M at $4.2B valuationFreightWaves•May 02, 2023•Sequoia Capital, Andreessen Horowitz, Katalyst Ventures, Google Ventures and 4 others
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Drone Delivery Startup Zipline Boosts Valuation To $4.2 BillionForbes•Apr 29, 2023•Reinvent Capital, ECP, Zipline
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Aurora announces plans to become a public companyThe Business Journals•Jul 15, 2021•Aurora, Reinvent Technology Partners, Baillie Gifford, Morgan Stanley and 11 others
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Zipline Raises $ 250 Million For Its Drone Delivery ServiceUsine Digitale•Jul 06, 2021•Fidelity Investments, Intercorp, ECP, Reinvent Capital and 6 others
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Analytics startup Dataminr closes $475M round at $4.1B valuationSiliconAngle•Mar 23, 2021•Dataminr, Morgan Stanley, IVP, Valor Equity Partners and 9 others
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Food, Booze Delivery Co. GoPuff Lands $9B ValuationLaw360•Mar 23, 2021•Gopuff, Fidelity Investments, Researchco, SoftBank Vision Fund and 5 others
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Nimble Robotics raises $50M for fulfillment automationpcdn.co•Mar 16, 2021•Nimble, DNS Capital, GSR Ventures, Accel and 1 other
