About Ridge Ventures
Ridge Ventures is a venture capital firm founded in 1997. It is primarily based out of San Francisco, United States. As of Aug 2026, Ridge Ventures is an active investor, having invested in 120 companies, with 6 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Series E round of Horizon Three AI Overall, Ridge Ventures portfolio has seen 2 unicorns, 3 IPOs and 45 acquisitions including key companies like Triller, Fastly and Braze. A lot of funds co-invest with Ridge Ventures, with names like Gil Penchina sharing a substantial percentage of its portfolio. Ridge Ventures has team of 17 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio Unicorns
Deals in last 12 months
Ridge Ventures' List of Top Investments
Ridge Ventures has a portfolio of 120 companies, including 2 unicorns. Their most notable investments are in Habu and Besty.Their portfolio spans across United States, Canada, Finland and 8 more locations. They have invested in Enterprise Applications, High Tech, Retail and 21 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Ridge Ventures:
1. Triller
Mobile-based music video creation and social sharing platform. It allows users to create music videos and share them with friends. Users can select a song from the platform and from their devices, and add filters such as slow-motion, speed-up, tempo, and more, to share them with others. It also allows users to share created music videos on multiple social media platforms. The application is available for both Android and iOS devices. It generates revenue through in-app purchases.
Key facts about Triller
- Founded Year: 2015
- Location: Los Angeles (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $400M
- Employee Count: 96 as on May 31, 2026
- Investors: Bayrock, StraightPath Venture Partners and 36 Others
- Latest Funding Round: Conventional Debt, Aug 29, 2022, $*****
- Highlight: Acquired
2. Fastly
Provider of edge cloud platform services for building and delivering applications. The platform enables creation of fast, secure, and scalable sites. It offers network services for secure networks with predictable pricing. The platform provides solutions for ecommerce, streaming media, travel, hospitality, and financial services.
Key facts about Fastly
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $224M
- Employee Count: 1,450 as on Jul 31, 2026
- Investors: August Capital, TrueBridge and 23 Others
- Latest Funding Round: Post IPO, Mar 03, 2021, $*****
- Highlight: Public
3. Braze
Provider of a platform for cross-channel customer engagement and messaging. The platform unifies data, facilitates AI-powered decisioning, and enables personalized customer experiences. It offers tools for journey orchestration, reporting, and analytics across various channels. The platform supports email, mobile app messaging, web messaging, and SMS/RCS communications.
Key facts about Braze
- Founded Year: 2011
- Location: New York City (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $175M
- Employee Count: 2,328 as on Jul 31, 2026
- Investors: Meritech, Icon Ventures and 23 Others
- Latest Funding Round: Series E, Oct 03, 2018, $*****
- Highlight: Public
4. F5 Networks
Provider of application delivery and security solutions for various platforms. The company offers solutions for application migration, modernization, and security. It provides API gateways, load balancing, and unified management and automation. The company delivers access control, API security, bot management, and network firewall security.
Key facts about F5 Networks
- Founded Year: 1996
- Location: Seattle (United States)
- Annual Revenue: $1B+ as on Sep 30, 2025
- Stage: Public
- Employee Count: 6,221 as on Jul 31, 2026
- Investors: Elliott Management, Chiratae Ventures and 8 Others
- Latest Funding Round: Post IPO, Jan 02, 2022, $*****
- Highlight: Public

5. Discord
Provider of a platform for group chats, video, and text communication. It allows users to create communities for various interests and activities. The platform offers features such as custom emojis, soundboard effects, and screen sharing. It supports multiple devices, enabling users to stay connected across different platforms.
Key facts about Discord
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series I
- Total Funding till date: $978M
- Employee Count: 4,883 as on Jun 30, 2026
- Investors: Benchmark, equitywestsecurities.com and 55 Others
- Latest Funding Round: Series I, Mar 03, 2022, $*****
- Highlight: Editors' Pick
Ridge Ventures' Year-on-Year Investment Trends
Ridge Ventures has invested in 120 companies over the last 19 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Aug 2026, it has made 6 investments in this year. Its most recent first time investment was in Horizon Three AI and most recent follow-on round was in Besty.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 1 | 6 |
2025 | 2 | 3 | 5 |
2024 | 9 | 2 | 11 |
2023 | 4 | 2 | 6 |
2022 | 4 | 2 | 6 |
2021 | 10 | 6 | 16 |
2020 | 3 | 2 | 5 |
2019 | 10 | 1 | 11 |
2018 | 8 | 0 | 8 |
2017 | 3 | 0 | 3 |
Ridge Ventures' Investments by Stage
Ridge Ventures has made 31 investments in Series A stage with an average round size of $11.9M, 22 investments in Seed stage with an average round size of $5.23M and 10 investments in Series B stage with an average round size of $18.1M.Stage of entry | No. of Investments |
|---|---|
Series A | 31 |
Seed | 22 |
Series B | 10 |
Series C | 3 |
Series D | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Ridge Ventures' Investments by Sector
Ridge Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Enterprise Infrastructure, High Tech and Retail. Notably, it has invested in 113 Tech companies, 93 Software companies, 90 Enterprise (B2B) companies and at least 66 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 56 |
Vertical SaaS | 17 |
Enterprise Infrastructure | 16 |
High Tech | 12 |
Retail | 10 |
Others | 49 |
Note: We have considered here, only first round of investments
Ridge Ventures' Investments by Geography
Ridge Ventures has made most investments in United States (61), followed by Canada where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 61 |
Canada | 4 |
Austria | 1 |
Denmark | 1 |
Netherlands | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Ridge Ventures' recent investments
Ridge Ventures has made 6 investments in 2026 so far. Horizon Three AI and Besty are the latest among them.Here are the most recent investments by Ridge Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 03, 2026 | United States | Series E | 4936 | [+11] | |
Jul 07, 2026 | United States | Seed | 6912 | ||
Jun 17, 2026 | United States | Seed | 6579 | [+10] | |
Apr 13, 2026 | United States | Seed | 4495 | ||
Jan 16, 2026 | United States | Series A | 7071 |
Unicorns in Ridge Ventures' Portfolio
Ridge Ventures has 2 unicorns in its portfolio - Horizon Three AI and JumpCloud. The most recent unicorn in their portfolio is Horizon Three AI. It became a unicorn in 2026.Here is a list of unicorns in Ridge Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Cloud based pentesting platform | 2019 | San Francisco | Series E | tjdlpqx | ||
62 | Cloud based directory management for user and IT resource authentication | 2012 | Boulder | Series F | nimbfci |
IPOs and Publicly Listed companies in Ridge Ventures' Portfolio
3 of Ridge Ventures' portfolio companies have become public. Braze got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Nov 2021 at marketcap of $5.87B and Fastly got listed on the New York Stock Exchange (NYSE) at marketcap of $1.45B.Here are Ridge Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 17, 2021 | Nov 06, 2013 | Series A | 3206 | |
May 17, 2019 | - | - | 6744 | |
Jun 04, 1999 | - | - | 8505 |
Acquired companies in Ridge Ventures' Portfolio
45 companies from Ridge Ventures' portfolio have been acquired. The most recent acquisition was MaintainX in May 2026 by Autodesk for $*****.Here are Ridge Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 28, 2026 | Mar 26, 2019 | Seed | 1402 | |
Feb 04, 2026 | Dec 21, 2021 | Seed | 3683 | |
Nov 10, 2025 | Dec 12, 2024 | Seed | 2109 | |
Aug 13, 2025 | Nov 20, 2019 | Series A | 8535 | |
Aug 05, 2025 | Nov 20, 2024 | Series A | 2387 |
Team profile of Ridge Ventures
Ridge Ventures has a team of 17 members including 4 Partners, 2 Venture Partners and 2 Principals located in United States. Ridge Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Ridge Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Austin | - | - | |
Partner | San Francisco | - | - | |
Venture Partner | San Francisco | - | - | |
Venture Partner | Chapel Hill | - | ||
Venture Partner | San Francisco | - | ||
Principal | San Francisco | - | ||
Principal | San Francisco | - |
Co-investors of Ridge Ventures
Over the past 19 years, 555 investors have co-invested in Ridge Ventures's portfolio companies. This includes funds and angels.
- Invested before Ridge Ventures: IDG Ventures, IDG Capital and 118 others have invested in rounds before Ridge Ventures. There are 4 companies where IDG Ventures has invested before Ridge Ventures and 3 companies where IDG Capital has invested before Ridge Ventures.
- Top Co-investors of Ridge Ventures: 297 investors entered a company along with Ridge Ventures. These include investors like Gil Penchina (4 companies).
- Invested after Ridge Ventures: A total of 138 investors have invested in Ridge Ventures's portfolio after their investments. Top Investors include Meritech (2 companies), Sapphire Ventures (2 companies) and Bessemer Venture Partners (2 companies).
Recent News related to Ridge Ventures
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Horizon3 Raises $250 Million for AI-Driven Cyber DefensePYMNTS.com•Aug 04, 2026•Horizon Three AI, Nea, NightDragon, New Enterprise Associates and 10 others
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Clario Launches with $6M Seed Funding to Rid Enterprises of Garbage DataI Insider•Jun 24, 2026•Foster Ventures, Page One Ventures, Mentors Fund, Highsage and 7 others
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Besty AI closes $3.75M seed roundPhocusWire•Jun 16, 2026•Besty, Armory Square Ventures, Ridge Ventures, Bungalow and 1 other
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GoodDay Software Raises $7M to Build an AI-Native ERP Alternative for Shopify BrandsBakersfield•Jan 16, 2026•Seguin Ventures, GoodDay Software, Adverb Ventures, FirstMark and 4 others
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Flip Secures $20M Series A After Automating 300M+ Customer Service Calls Using Voice AITechStartups.com•Jan 13, 2026•Flip CX, Under Armour, Newell Brands, Tory Burch and 7 others
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Arya Health Raises $18.2M to Automate Post-Acute Care with AI Agent TeamsHIT Consultant•Oct 29, 2025•Arya Health, ACME, Ridge Ventures, Twelve Below
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Tato Raises $5M in Seed FundingFinSMEs•Sep 30, 2025•Tato, Myriad Venture Partners, Betaworks, RRE Ventures and 1 other
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Recall.ai Closes $38M Series B FundingFinSMEs•Sep 04, 2025•Recall.ai, Salesforce Ventures, HubSpot, Ridge Ventures and 3 others
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Portland startup Fiveonefour funding totals $17MSilicon Florist•Sep 04, 2025•Neoclassic Capital, fiveonefour, Dimension, Volt Capital and 4 others