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 Jan 2026, Ridge Ventures is an active investor, having invested in 118 companies, with 4 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 A round of GoodDay Software Overall, Ridge Ventures portfolio has seen 2 unicorns, 3 IPOs and 44 acquisitions including key companies like Braze, Fastly and Triller. 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 30 people including 8 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Deals in last 12 months
Ridge Ventures' List of Top Investments
Ridge Ventures has a portfolio of 118 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. 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: 937 as on Dec 31, 2023
- Investors: equitywestsecurities.com, Access Industries and 51 Others
- Latest Funding Round: Series I, Mar 03, 2022, $*****
- Highlight: Editors' Pick
2. 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: $593M as on Jan 31, 2025
- Stage: Public
- Total Funding till date: $175M
- Employee Count: 2,227 as on Jan 31, 2026
- Investors: Cross Creek, Sapphire Ventures and 23 Others
- Latest Funding Round: Series E, Oct 03, 2018, $*****
- Highlight: Public
3. 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: $544M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $224M
- Employee Count: 1,354 as on Jan 31, 2026
- Investors: August Capital, TriplePoint Capital and 21 Others
- Latest Funding Round: Post IPO, Mar 03, 2021, $*****
- Highlight: Public
4. 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: 102 as on Jan 31, 2026
- Investors: Lowercase Capital, Bayrock and 36 Others
- Latest Funding Round: Conventional Debt, Aug 29, 2022, $*****
- Highlight: Acquired
5. Uplift
Provider of a point of sale financing solution for travel bookings. It features a purchase financing platform exclusively for travel-related purchases through partner travel providers. Consumers can choose the payment option, and distribute the payment in monthly installments with an auto-debit solution.
Key facts about Uplift
- Founded Year: 2014
- Location: Sunnyvale (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $695M
- Employee Count: 158 as on Jan 18, 2025
- Investors: State48 Ventures, Ridge Ventures and 12 Others
- Latest Funding Round: Conventional Debt, Jan 07, 2021, $*****
- Highlight: Acquired
Ridge Ventures' Year-on-Year Investment Trends
Ridge Ventures has invested in 118 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 Jan 2026, it has made 2 investments in this year. Its most recent first time investment was in GoodDay Software and most recent follow-on round was in Recall.ai.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
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, 20 investments in Seed stage with an average round size of $4.69M 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 | 20 |
Series B | 10 |
Series C | 3 |
Series D | 2 |
Others | 1 |
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 111 Tech companies, 91 Software companies, 88 Enterprise (B2B) companies and at least 64 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 52 |
Vertical SaaS | 16 |
Enterprise Infrastructure | 15 |
High Tech | 12 |
Retail | 9 |
Others | 50 |
Note: We have considered here, only first round of investments
Ridge Ventures' Investments by Geography
Ridge Ventures has made most investments in United States (58), followed by Canada where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 58 |
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 2 investments in 2026 so far - GoodDay Software and Flip CX.Here are the most recent investments by Ridge Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 16, 2026 | United States | Series A | 4926 | ||
Jan 13, 2026 | United States | Series A | 3985 | [+4] | |
Sep 30, 2025 | Canada | Seed | 7515 | ||
Sep 04, 2025 | United States | Series B | 8409 | ||
Aug 21, 2025 | United States | Series C | 2305 | [+3] |
Unicorns in Ridge Ventures' Portfolio
Ridge Ventures has 2 unicorns in its portfolio - MaintainX and JumpCloud. The most recent unicorn in their portfolio is MaintainX. It became a unicorn in 2023, 4 years after Ridge Ventures first invested in it.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 |
|---|---|---|---|---|---|---|---|
69 | Provider of a platform for maintenance and operations management solutions | 2018 | San Francisco | Series D | ijnreqs | ||
62 | Cloud based directory management for user and IT resource authentication | 2012 | Boulder | Series F | rvmfxrx |
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 | 5184 | |
May 17, 2019 | - | - | 7780 | |
Jun 04, 1999 | - | - | 5705 |
Acquired companies in Ridge Ventures' Portfolio
44 companies from Ridge Ventures' portfolio have been acquired. The most recent acquisition were Chisel in Feb 2026 by Pendo.Here are Ridge Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 04, 2026 | Dec 21, 2021 | Seed | 5518 | |
Nov 10, 2025 | Dec 12, 2024 | Seed | 7683 | |
Aug 13, 2025 | Nov 20, 2019 | Series A | 5667 | |
Aug 05, 2025 | Nov 20, 2024 | Series A | 8346 | |
Jul 24, 2025 | - | - | 1528 |
Team profile of Ridge Ventures
Ridge Ventures has a team of 30 members including 8 Partners, 3 Venture Partners and 3 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 | Castro Valley | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | |||
Partner | Los Altos | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Venture Partner | San Francisco | - | ||
Venture Partner | Chapel Hill | - | ||
Venture Partner | San Francisco | - |
Co-investors of Ridge Ventures
Over the past 19 years, 520 investors have co-invested in Ridge Ventures's portfolio companies. This includes funds and angels.
- Invested before Ridge Ventures: IDG Ventures, IDG Capital and 111 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: 278 investors entered a company along with Ridge Ventures. These include investors like Gil Penchina (4 companies).
- Invested after Ridge Ventures: A total of 129 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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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
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Ontic Raises $230 Million Series C Led by KKR to Redefine Security Through AI and Connected Security IntelligenceBusiness Wire•Aug 21, 2025•Ontic, JMI Management, Ridge Ventures, Ten Eleven Ventures and 1 other
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Lightyear Raises $31 Million to Continue Revolutionizing the Enterprise Telecom Experienceintelligence360•Dec 04, 2024•Lightyear, Altos Ventures Management, Ridge Ventures, Amplo and 2 others
