About RHEA FUND
RHEA FUND is a venture capital firm founded in 2017. It is primarily based out of Vancouver, Canada. As of Dec 2021, RHEA FUND has invested in 16 companies. It primarily invests in Seed round in Netherlands 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 $***** Seed round of Solice Overall, RHEA FUND portfolio has seen 2 unicorns, 1 IPO and 4 acquisitions including key companies like Blueshift, Impossible Foods and UiPath. A lot of funds co-invest with RHEA FUND, with names like Three Arrows Capital sharing a substantial percentage of its portfolio. RHEA FUND has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
RHEA FUND's List of Top Investments
RHEA FUND has a portfolio of 16 companies, including 2 unicorns. Their most notable investments include ByteDance and Blueshift.Their portfolio spans across United States, China and Netherlands. They have invested in Enterprise Applications, High Tech, Consumer and 13 other sectors, across stages such as Seed stage. Here is the list of top investments by RHEA FUND:
1. ByteDance
Developer of platforms for content creation, discovery, and mobile entertainment. The company provides tools and services that enable users to connect, create, and consume digital content. It offers a suite of products focused on short-form mobile videos and other forms of digital media. The company’s platforms facilitate content sharing and engagement for a global audience.
Key facts about ByteDance
- Founded Year: 2012
- Location: Beijing (China)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $6.11B
- Employee Count: 47,593 as on Jul 31, 2026
- Investors: Goldman Sachs, All Blue Capital and 67 Others
- Latest Funding Round: Conventional Debt, Sep 05, 2026, $*****
- Highlight: Editors' Pick
2. Blueshift
AI-enabled marketing automation platform. It uses its patented AI technology to unify, inform, and activate the fullness of customer data across all channels and applications. It helps marketers to customize the messages based on customers interests, purchase patterns, and browsing behavior, enabling digital marketers to create personalized triggered messaging based on user actions and user attributes. BBC, Zumper, Udacity, and ClearScore are part of the clientele.
Key facts about Blueshift
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $57.6M
- Employee Count: 70 as on Aug 31, 2026
- Investors: Runway Growth Capital, Storm Ventures and 18 Others
- Latest Funding Round: Venture Debt, Jan 16, 2024, $*****
- Highlight: Acquired
Provider of plant-based alternatives to traditional meat products. Its product catalog include meatballs, hotdogs, burgers, sausage, chicken nuggets, steak, and more.
Key facts about Impossible Foods
- Founded Year: 2011
- Location: Redwood City (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $2.01B
- Employee Count: 452 as on Aug 31, 2026
- Investors: equitywestsecurities.com, SeedFord Partners and 112 Others
- Latest Funding Round: Series H, Nov 17, 2021, $*****
- Highlight: Editors' Pick
4. UiPath
Provider of a platform for agentic automation and AI solutions. The platform unites AI agents, robots, and people to orchestrate complex work. It delivers business impact through AI process transformation. The platform enables prototyping and collaboration for outcome validation and deployment. It empowers business owners, low-code users, developers, and IT teams to co-create.
Key facts about UiPath
- Founded Year: 2005
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $1.96B
- Employee Count: 3,868 as on Jan 31, 2025
- Investors: HTIF, Meritech and 49 Others
- Latest Funding Round: Series F, Feb 01, 2021, $*****
- Highlight: Public
5. Dataminr
Provider of AI platform delivering real-time event, threat, and risk intelligence. The platform offers solutions for corporate security, cyber risk, news organizations, and the public sector. It enhances organizational safety, strengthens cyber resilience, and accelerates decision-making. The platform utilizes multi-modal fusion AI, generative AI, and agentic AI to detect and respond to unfolding events.
Key facts about Dataminr
- Founded Year: 2009
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.24B
- Employee Count: 877 as on Aug 31, 2026
- Investors: Glynn Capital, HighGear Ventures and 87 Others
- Latest Funding Round: Series F, Apr 24, 2025, $*****
- Highlight: Editors' Pick
RHEA FUND's Year-on-Year Investment Trends
RHEA FUND has invested in 16 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Solice.RHEA FUND's Investments by Stage
RHEA FUND has made 1 investment in Seed stage with an average round size of $4.36M.RHEA FUND's Investments by Sector
RHEA FUND has a diverse portfolio, with companies operating in the Blockchain - Industry Applications, Consumer, FinTech, High Tech and Media & Entertainment. Notably, it has invested in 15 Tech companies, 11 Enterprise (B2B) companies, 11 Software companies and at least 6 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain - Industry Applications | 1 |
Consumer | 1 |
FinTech | 1 |
High Tech | 1 |
Media & Entertainment | 1 |
Note: We have considered here, only first round of investments
RHEA FUND's Investments by Geography
RHEA FUND has made most investments in Netherlands (1).RHEA FUND's recent investments
RHEA FUND has not made any investment in 2026 so far.Here are the most recent investments by RHEA FUND:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 02, 2021 | Netherlands | Seed | 4111 | [+21] |
Unicorns in RHEA FUND's Portfolio
RHEA FUND has 2 unicorns in its portfolio - Impossible Foods and Dataminr. The most recent unicorn in their portfolio is Impossible Foods. It became a unicorn in 2019, 7 years before RHEA FUND first invested in it.Here is a list of unicorns in RHEA FUND's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of plant-based alternatives to traditional meat products | 2011 | Redwood City | Series H | wwtxjut | ||
70 | Provider of AI platform delivering real-time event, threat, and risk intelligence | 2009 | New York City | Series F | frfoccw |
IPOs and Publicly Listed companies in RHEA FUND's Portfolio
1 of RHEA FUND's portfolio company became public - UiPath. It got listed on the New York Stock Exchange (NYSE), in Apr 2021.Here are RHEA FUND's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 21, 2021 | - | - | 4159 |
Acquired companies in RHEA FUND's Portfolio
4 companies from RHEA FUND's portfolio have been acquired. The most recent acquisition was Blueshift in Jun 2026 by BlueConic for $*****.Here are RHEA FUND's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 17, 2026 | - | - | 5449 | |
Feb 12, 2024 | - | - | 5165 | |
Dec 19, 2019 | - | - | 3053 | |
Nov 20, 2019 | - | - | 4766 |
Team profile of RHEA FUND
RHEA FUND has a team of 1 member located in Canada. RHEA FUND's team does not sit on the board of any company as of now.Co-investors of RHEA FUND
Over the past 5 years, 22 investors have co-invested in RHEA FUND's portfolio companies. This includes funds and angels.
- Top Co-investors of RHEA FUND: 22 investors entered a company along with RHEA FUND. These include investors like Three Arrows Capital (1 company).
