About Rising Tide Fund
Rising Tide Fund is a venture capital firm founded in 1992. It is primarily based out of San Francisco, United States. As of Jun 2026, Rising Tide Fund is an active investor, having invested in 110 companies, with 1 new investment in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series B round of Battery Smart Overall, Rising Tide Fund portfolio has seen 5 unicorns, 2 IPOs and 42 acquisitions including key companies like Palantir, Cloudera and CoinList. A lot of funds co-invest with Rising Tide Fund, with names like VenGrowth VG Partners sharing a substantial percentage of its portfolio. Rising Tide Fund has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
Rising Tide Fund's List of Top Investments
Rising Tide Fund has a portfolio of 110 companies, including 5 unicorns. Their most notable investments are in Andigilog and Quanergy Com.Their portfolio spans across United States, Canada, United Kingdom and 6 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 25 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Rising Tide Fund:1. Palantir
Platform that provides data analysis and management solutions. It is a software company that specializes in big data analytics and provides software platforms for analyzing and integrating large amounts of data. Its software powers real-time, AI-driven decisions in critical government and commercial enterprise, from the factory floors to the front lines.
Key facts about Palantir
- Founded Year: 2003
- Location: Denver (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.46B
- Employee Count: 5,953 as on Jun 30, 2026
- Investors: Glynn Capital, TrueBridge and 166 Others
- Latest Funding Round: Post IPO, Aug 31, 2023, $*****
- Highlight: Public

2. Cloudera
Provider of hybrid data platform, data management, and AI solutions. The company delivers cloud-native agility for data and AI applications. It offers data flow streaming, data engineering, data warehousing, and operational database services. The company enables users to ingest, prepare, analyze, predict, and publish data. It also provides data catalog, data lineage, observability, and data visualization tools.
Key facts about Cloudera
- Founded Year: 2008
- Location: Palo Alto (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.04B
- Employee Count: 3,454 as on Jun 30, 2026
- Investors: Meritech, Glynn Capital and 38 Others
- Latest Funding Round: Series F, 2015, $*****
- Highlight: Acquired

3. CoinList
App-based trading platform for cryptocurrency. Its features include buying and selling crypto assets, depositing crypto, transferring crypto assets, and more. It also enables users to purchase crypto assets through token sales. The app is available on Android and iOS devices.
Key facts about CoinList
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $119M
- Employee Count: 73 as on Jun 30, 2026
- Investors: Rising Tide Fund, Maven Ventures and 36 Others
- Latest Funding Round: Series A, Oct 26, 2021, $*****
- Highlight: Editors' Pick
4. Brave
Developer of a browser and search engine focused on privacy. The browser blocks third-party ads and trackers, offering faster webpage loading and data savings. It provides built-in security features enabled by default, including protection against fingerprinting. The search engine delivers results from its own index without profiling users.
Key facts about Brave
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Seed
- Total Funding till date: $7M
- Employee Count: 353 as on Jun 30, 2026
- Investors: Rising Tide Fund, Hone Capital and 24 Others
- Latest Funding Round: Seed, Aug 01, 2016, $*****
Network providing battery swapping services for electric two three wheelers. This infrastructure allows operators of electric vehicles to exchange depleted batteries for fully charged units at designated stations. The system facilitates continuous vehicle operation by eliminating long charging wait times. The service model supports the adoption of electric mobility by providing access to energy storage units for compatible transport vehicles.
Key facts about Battery Smart
- Founded Year: 2019
- Location: Delhi (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $157M
- Employee Count: 482 as on May 31, 2025
- Investors: Tiger Global Management, Rising Tide Fund and 49 Others
- Latest Funding Round: Conventional Debt, Jul 09, 2026, $*****
- Highlight: Editors' Pick
Rising Tide Fund's Year-on-Year Investment Trends
Rising Tide Fund has invested in 110 companies over the last 27 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Battery Smart and most recent follow-on round was in With Reach.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 2 | 3 |
2021 | 3 | 1 | 4 |
2020 | 4 | 2 | 6 |
2019 | 5 | 0 | 5 |
2018 | 5 | 2 | 7 |
Rising Tide Fund's Investments by Stage
Rising Tide Fund has made 23 investments in Series A stage with an average round size of $14.2M, 14 investments in Series B stage with an average round size of $18.6M, 11 investments in Seed stage with an average round size of $2.52M, 5 investments in Series C stage with an average round size of $72.3M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Series A | 23 |
Series B | 14 |
Seed | 11 |
Series C | 5 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Rising Tide Fund's Investments by Sector
Rising Tide Fund has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, High Tech, Life Sciences and Blockchain Technology. Notably, it has invested in 96 Tech companies, 82 Enterprise (B2B) companies, 63 Software companies and at least 26 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 24 |
FinTech | 11 |
High Tech | 11 |
Life Sciences | 7 |
Blockchain Technology | 6 |
Others | 60 |
Note: We have considered here, only first round of investments
Rising Tide Fund's Investments by Geography
Rising Tide Fund has made most investments in United States (33), followed by Canada where it has made 14 investments.Country | No. of Investments |
|---|---|
United States | 33 |
Canada | 14 |
United Kingdom | 2 |
Australia | 1 |
France | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Rising Tide Fund's recent investments
Rising Tide Fund has made 1 investments in 2026 so far - Battery Smart.Here are the most recent investments by Rising Tide Fund:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 24, 2026 | India | Series B | 2616 | ||
Feb 19, 2025 | Australia | Seed | 9864 | ||
Sep 14, 2023 | United States | Series B | 6198 | [+12] | |
Mar 21, 2022 | Canada | Series B | 7064 | [+4] | |
Mar 21, 2022 | Canada | Conventional Debt | 8907 | [+4] |
Unicorns in Rising Tide Fund's Portfolio
Rising Tide Fund has 5 unicorns in its portfolio - Ayar Labs, Enable, CoinList and others. The most recent unicorn in their portfolio is Ayar Labs. It became a unicorn in 2024, 4 years after Rising Tide Fund first invested in it.Here is a list of unicorns in Rising Tide Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | 2015 | San Jose | Series E | xzfawpa | ||
65 | Provider of rebate management software for pricing and commercial strategies | 2016 | San Francisco | Series D | pdrlwse | ||
80 | App-based trading platform for cryptocurrency | 2017 | San Francisco | Series A | qtkcych | ||
66 | Developer of satellite-based communication services | 2015 | San Francisco | Series E | awccvil | ||
74 | Blockchain-based games developer for PC and console | 2018 | Vancouver | Series D | wihopeg |
IPOs and Publicly Listed companies in Rising Tide Fund's Portfolio
2 of Rising Tide Fund's portfolio companies have become public. Palantir got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2020 at marketcap of undefined and Quanergy Com got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Rising Tide Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 02, 2020 | - | - | 4307 | |
Apr 24, 2020 | Nov 17, 2014 | Series A | 9305 |
Acquired companies in Rising Tide Fund's Portfolio
42 companies from Rising Tide Fund's portfolio have been acquired. The most recent acquisition was Messari in Jun 2026 by Blockworks for $*****.Here are Rising Tide Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | Mar 07, 2018 | Seed | 1011 | |
Jun 02, 2026 | Oct 30, 2019 | Series A | 3001 | |
Mar 12, 2026 | Sep 14, 2023 | Series B | 3386 | |
Dec 29, 2025 | - | - | 9348 | |
Feb 20, 2025 | Mar 21, 2022 | Conventional Debt | 4029 |
Team profile of Rising Tide Fund
Rising Tide Fund has a team of 4 members including 2 Partners, 1 Venture Partner and 1 Principal located in United States. Rising Tide Fund's team does not sit on the board of any company as of now.Here is a list of all team members in Rising Tide Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | - | |
Partner | Austin | - | - | |
Venture Partner | New York City | - | - | |
Principal | San Francisco | - | - |
Co-investors of Rising Tide Fund
Over the past 27 years, 596 investors have co-invested in Rising Tide Fund's portfolio companies. This includes funds and angels.
- Invested before Rising Tide Fund: Y Combinator, Andreessen Horowitz and 138 others have invested in rounds before Rising Tide Fund. There are 4 companies where Y Combinator has invested before Rising Tide Fund and 2 companies where Andreessen Horowitz has invested before Rising Tide Fund.
- Top Co-investors of Rising Tide Fund: 231 investors entered a company along with Rising Tide Fund. These include investors like VenGrowth VG Partners (5 companies).
- Invested after Rising Tide Fund: A total of 225 investors have invested in Rising Tide Fund's portfolio after their investments. Top Investors include Coinbase (3 companies), Samsung NEXT (2 companies) and SV Angel (2 companies).
Recent News related to Rising Tide Fund
•
Parade's AI-Driven Platform Nabs $17M to Empower Freight Brokers at ScaleNewswire•Sep 14, 2023•Parade, I Squared, Menlo Ventures, GreenHawk and 12 others
•
Lindus Health raises $18 million in Peter Thiel's roundWebrazzi•Aug 17, 2023•Lindus, Creandum, Klarna, Spotify and 11 others
•
Global Payments Provider Secures $30 Million in New FundingRetail TouchPoints•Mar 22, 2022•With Reach, Vistara Growth, Bluesky Equities, Tribune Capital and 5 others
•
Connected Capital Focuses on European B2B SaaS Startups; Tribal Grabs $60M in Funding to Add EmployeesPYMNTS.com•Feb 04, 2022•Connected Capital, SoftBank Latin America Fund, Tribal Credit, BECO Capital and 11 others
•
Activ Surgical Secures $45 Million in Series B Funding Led by Cota CapitalBusiness Wire•Sep 30, 2021•Artis Ventures, GreatPoint Ventures, Rising Tide Fund, Activ Surgical and 12 others
•
Astranis, With a New Approach to Satellite Internet, Raises $250 Million From Blackrock and OthersAiThority•May 10, 2021•Astranis, BlackRock, Baillie Gifford, Fidelity Investments and 16 others
•
Exo Secures $40 Million in Series B+ Funding to Advance Handheld Medical ImagingMedical Product Outsourcing•Oct 08, 2020•Exo, Remagine Ventures, Action Potential Venture Capital, TDK Ventures and 10 others
•
Activ Surgical Raises $15M Advance Autonomous and Collaborative SurgeryHIT Consultant•Jul 16, 2020•Activ Surgical, Artis Ventures, DNS Capital, GreatPoint Ventures and 5 others
•
Fintech Startup Senso Raises $3m In Mendoza, Breakaway-led DealVCJ•Jul 09, 2020•Senso, Mendoza Ventures, Breakaway Growth, Luge Capital and 3 others
•
Evonetix Raises $30m Series B For Desktop, Rapid Gene SynthesisGlobal AgInvesting•Mar 19, 2020•Foresite Capital, Civilization Ventures, Rising Tide Fund, Cambridge Consultants and 4 others