About Silicon Ventures
Silicon Ventures is a venture capital firm founded in 2020. It is primarily based out of San Francisco, United States. As of Mar 2022, Silicon Ventures has invested in 15 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and FinTech. Most recently it participated in the $***** Seed round of Fairing Overall, Silicon Ventures portfolio has seen 1 unicorn, 2 IPOs and 1 acquisition, namely Shiprocket, BlackBuck and Swiftly. A lot of funds co-invest with Silicon Ventures, with names like Liquid 2 Ventures sharing a substantial percentage of its portfolio. Silicon Ventures has team of 3 people including 1 partners.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series B
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Silicon Ventures' List of Top Investments
Silicon Ventures has a portfolio of 15 companies, one of which is a Unicorn. Their most notable investments include Shiprocket and BlackBuck.Their portfolio spans across United States, India and Singapore. They have invested in Enterprise Applications, Retail, FinTech and 10 other sectors, across stages such as Seed, Series B stages. Here is the list of top investments by Silicon Ventures:
1. Shiprocket
Provider of e-commerce shipping, fulfillment, marketing, and financial services. The business offers tools for domestic and cross-border shipping, including integrations with courier partners. Fulfillment services encompass warehousing, packaging, and shipping. Marketing solutions include checkout optimisation and customer engagement tools. Financial services provide capital and credit score assessment.
Key facts about Shiprocket
- Founded Year: 2012
- Location: Delhi (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $322M
- Employee Count: 915 as on Aug 31, 2025
- Investors: Temasek, Crescent Enterprises and 64 Others
- Latest Funding Round: Series E, Dec 23, 2024, $*****
- Highlight: Public
2. BlackBuck
Digital platform providing an integrated logistics solution for freight transportation and management in India. It is an online platform specializing in freight and logistics, using technology to deliver reliability and efficiency for shippers and truck operators. It operates in over 300 locations across India, providing a digital marketplace for loads and tracking services. The company aims to simplify and organize the freight marketplace through its seamless platform.
Key facts about BlackBuck
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $359M
- Employee Count: 1,647 as on Mar 31, 2026
- Investors: Goldman Sachs, VEF and 30 Others
- Latest Funding Round: Conventional Debt, Jul 18, 2022, $*****
- Highlight: Public
3. Swiftly
Provider of retail technology platform for grocers and consumer brands. The platform offers solutions for audience optimization, alcohol cashback, and retail media networks. It provides tools to personalize content, enhance customer engagement, and improve targeting across digital touchpoints. The platform aims to help retailers and brands connect with shoppers and increase sales.
Key facts about Swiftly
- Founded Year: 2017
- Location: Seattle (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $220M
- Employee Count: 177 as on Sep 30, 2026
- Investors: Western Technology Investment, Wormhole Capital and 13 Others
- Latest Funding Round: Series C, Sep 19, 2022, $*****
- Highlight: Editors' Pick
4. Spenmo
Cloud-based corporate cards and expense management solutions. It provides virtual and physical corporate cards for employees. It offers automation for expense reports along with online payments, payment cards for each employee, spending limits for users, purchase categorization, expense analytics, transaction data flow, and more.
Key facts about Spenmo
- Founded Year: 2019
- Location: Singapore (Singapore)
- Annual Revenue: SGD 0 - 1M as on Dec 31, 2020
- Stage: Series B
- Total Funding till date: $121M
- Employee Count: 10 as on Aug 31, 2026
- Investors: Salesforce Ventures, Global Founders Capital and 36 Others
- Latest Funding Round: Series B, Jan 2022, $*****
- Highlight: Editors' Pick
5. Merit
Digital record management solutions provider. The solution offered by the company provides a solution to manage and track certifications and achievements. It can be verified by the organizations. The solutions include skydiving, workforce development, emergency services, healthcare, occupational licensing, and more.
Key facts about Merit
- Founded Year: 2016
- Location: Millbrae (United States)
- Stage: Series B
- Total Funding till date: $80M
- Employee Count: 93 as on Sep 30, 2026
- Investors: Sherpalo Ventures, Susa Ventures and 20 Others
- Latest Funding Round: Series B, Jan 12, 2022, $*****
- Highlight: Editors' Pick
Silicon Ventures' Year-on-Year Investment Trends
Silicon Ventures has invested in 15 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Fairing.Silicon Ventures' Investments by Stage
Silicon Ventures has made 2 investments in Seed stage with an average round size of $4.5M and 1 investment in Series B stage with an average round size of $100M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Silicon Ventures' Investments by Sector
Silicon Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Food and Agriculture Tech and Retail. Notably, it has invested in 13 Tech companies, 11 Software companies, 10 Enterprise (B2B) companies and at least 5 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
FinTech | 1 |
Food and Agriculture Tech | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Silicon Ventures' Investments by Geography
Silicon Ventures has made most investments in United States (3).Silicon Ventures' recent investments
Silicon Ventures has not made any investment in 2026 so far.Here are the most recent investments by Silicon Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 28, 2022 | United States | Seed | 1267 | [+7] | |
Mar 08, 2022 | United States | Series B | 8878 | [+7] | |
Oct 01, 2021 | United States | Seed | 5677 | [+8] |
Unicorns in Silicon Ventures' Portfolio
Silicon Ventures has 1 unicorn in its portfolio - Swiftly. The most recent unicorn in their portfolio is Swiftly which became a unicorn in 2022.Here is a list of unicorns in Silicon Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Provider of retail technology platform for grocers and consumer brands | 2017 | Seattle | Series C | fpxrh{h |
IPOs and Publicly Listed companies in Silicon Ventures' Portfolio
2 of Silicon Ventures' portfolio companies have become public. Shiprocket got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Aug 2026 at marketcap of $742M and BlackBuck got listed on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) at marketcap of $570M.Here are Silicon Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 19, 2026 | - | - | 2014 | |
Nov 22, 2024 | - | - | 4031 |
Acquired companies in Silicon Ventures' Portfolio
1 company from Silicon Ventures' portfolio has been acquired. The most recent acquisition was Peel Insights in May 2024 by Shopify for $*****.Here are Silicon Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 10, 2024 | Oct 01, 2021 | Seed | 9937 |
Team profile of Silicon Ventures
Silicon Ventures has a team of 3 members located in United States. Silicon Ventures' team does not sit on the board of any company as of now.Co-investors of Silicon Ventures
Over the past 5 years, 26 investors have co-invested in Silicon Ventures's portfolio companies. This includes funds and angels.
- Top Co-investors of Silicon Ventures: 25 investors entered a company along with Silicon Ventures. These include investors like Liquid 2 Ventures (1 company).
- Invested after Silicon Ventures: BRV Capital Management (1 company) is the only investor which has invested in Silicon Ventures's portfolio after their investments.
Recent News related to Silicon Ventures
•
EnquireLabs picks up $4.5m seedVCJ•Mar 28, 2022•Enquire, True Ventures, V1.VC, FiDi Ventures and 2 others
•
Seattle startup Swiftly lands $100M to help grocers fend off Amazon and other e-commerce playersGeekWire•Mar 08, 2022•Swiftly, Swiftly, Worm Capital, Liquid 2 Ventures and 7 others
