About SK Ventures
SK Ventures is a venture capital firm founded in 2011. It is primarily based out of San Francisco, United States. As of Jan 2025, SK Ventures has invested in 81 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 High Tech and Consumer. Most recently it participated in the $***** Seed round of Kamiwaza Overall, SK Ventures portfolio has seen 2 unicorns, 3 IPOs and 24 acquisitions including key companies like Remitly, FanDuel and Blockstream. A lot of funds co-invest with SK Ventures, with names like Foundry sharing a substantial percentage of its portfolio. SK Ventures has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Unicorns
SK Ventures' List of Top Investments
SK Ventures has a portfolio of 81 companies, including 2 unicorns. Their most notable investments are in BetterBounces and NextGem.Their portfolio spans across United States, Canada, India and 2 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by SK Ventures:1. Remitly
Provider of international money transfer services with multiple delivery options. It facilitates secure international money transfers across numerous currencies. Funds can be received through options like bank accounts, mobile wallets, or cash pickup. The platform focuses on providing reliable and secure transfer solutions.
Key facts about Remitly
- Founded Year: 2011
- Location: Seattle (United States)
- Stage: Public
- Total Funding till date: $436M
- Employee Count: 3,336 as on May 31, 2026
- Investors: HTIF, ADS Ventures and 39 Others
- Latest Funding Round: Series F, Jul 29, 2020, $*****
- Highlight: Public
2. FanDuel
Developer of a fantasy platform for multiple sports. It provides users to play fantasy sports games for NFL, MLB, NBA, soccer, and golf. It also enables users to select the contests they wish to play, and players to participate in the competition.
Key facts about FanDuel
- Founded Year: 2009
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $416M
- Employee Count: 4,221 as on May 31, 2026
- Investors: Western Technology Investment, Hercules Capital and 42 Others
- Latest Funding Round: Series E, Sep 15, 2016, $*****
- Highlight: Acquired
3. Guesty
Cloud-based vacation rental management software. The solution has an integrated channel manager that enables users to sync and manage the listings on various online distribution channels and covers aspects such as guest communication, calendar sync, process automation, reporting, payments processing, and analytics. Additionally, the company offers a white-labeled mobile app for property management and also provides web development services.
Key facts about Guesty
4. Blockstream
Developer of blockchain-based platform building crypto-financial infrastructure. It provides users with detailed blockchain data through open-source block explorer and offers a hardware wallet for Bitcoin and liquid assets. It also operates the Blockstream satellite, which broadcasts the Bitcoin blockchain worldwide and provides enterprise-class Bitcoin mining services.
Key facts about Blockstream
- Founded Year: 2014
- Location: Montreal (Canada)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $651M
- Employee Count: 100 as on Mar 31, 2025
- Investors: AME Cloud Ventures, Baillie Gifford and 46 Others
- Latest Funding Round: Series C, Oct 15, 2024, $*****
- Highlight: Editors' Pick
5. Wealthfront
Wealthfront is a robo advisor and financial planning platform. It allows users to set aside funds as savings, make investments, and develop retirement plans for the future. It also offers tools to assess risks in borrowings and financial planning for education and travel. It also offers a platform for banking and borrowing.
Key facts about Wealthfront
- Founded Year: 2008
- Location: Palo Alto (United States)
- Stage: Public
- Total Funding till date: $205M
- Employee Count: 437 as on May 31, 2026
- Investors: Spark Capital, TriplePoint Capital and 32 Others
- Latest Funding Round: Series E, Jan 04, 2018, $*****
- Highlight: Public
SK Ventures' Year-on-Year Investment Trends
SK Ventures has invested in 81 companies over the last 15 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Kamiwaza and most recent follow-on round was in SkyWatch.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 3 | 0 | 3 |
2021 | 0 | 0 | 0 |
2020 | 1 | 1 | 2 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
SK Ventures' Investments by Stage
SK Ventures has made 26 investments in Seed stage with an average round size of $1.78M, 10 investments in Series A stage with an average round size of $7.57M, 1 investment in Series B stage with an average round size of $30M and 1 investment in Series D stage with an average round size of $5M.Stage of entry | No. of Investments |
|---|---|
Seed | 26 |
Series A | 10 |
Series B | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
SK Ventures' Investments by Sector
SK Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Retail and Enterprise Infrastructure. Notably, it has invested in 77 Tech companies, 57 Software companies, 52 Enterprise (B2B) companies and at least 34 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 20 |
Consumer | 11 |
High Tech | 11 |
Retail | 6 |
Enterprise Infrastructure | 5 |
Others | 48 |
Note: We have considered here, only first round of investments
SK Ventures' Investments by Geography
SK Ventures has made most investments in United States (34), followed by Canada where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 34 |
Canada | 3 |
India | 1 |
Note: We have considered here, only first round of investments
SK Ventures' recent investments
SK Ventures has not made any investment in 2026 so far.Here are the most recent investments by SK Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 09, 2025 | United States | Seed | 5868 | ||
Dec 26, 2023 | United States | Seed | 2760 | [+4] | |
Nov 14, 2023 | United States | Series A | 7247 | [+4] | |
Jun 15, 2022 | India | Seed | 9085 | [+4] | |
Feb 24, 2022 | United States | Series A | 5208 | [+7] |
Unicorns in SK Ventures' Portfolio
SK Ventures has 2 unicorns in its portfolio - Underdog Sports and Blockstream. The most recent unicorn in their portfolio is Underdog Sports. It became a unicorn in 2025, 1 years before SK Ventures first invested in it.Here is a list of unicorns in SK Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
50 | Operator of digital platforms for fantasy sports and event wagering | 2020 | Brooklyn | Series C | fbyaagt | ||
77 | Developer of blockchain-based platform building crypto-financial infrastructure | 2014 | Montreal | Series C | pzh{dfu |
IPOs and Publicly Listed companies in SK Ventures' Portfolio
3 of SK Ventures' portfolio companies have become public. Wealthfront got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Dec 2025 at marketcap of $2.05B and Firefly Aerospace got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $6.32B.Here are SK Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 12, 2025 | - | - | 6621 | |
Aug 07, 2025 | - | - | 4363 | |
Sep 23, 2021 | - | - | 9717 |
Acquired companies in SK Ventures' Portfolio
24 companies from SK Ventures' portfolio have been acquired. The most recent acquisition was Rachio in Oct 2025 by Rain Bird for $*****.Here are SK Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 02, 2025 | - | - | 3572 | |
Dec 18, 2024 | - | - | 3307 | |
Dec 02, 2024 | - | - | 3882 | |
Feb 14, 2022 | - | - | 4248 | |
Jan 17, 2022 | - | - | 1145 |
Team profile of SK Ventures
SK Ventures has a team of 3 members including 2 Partners and 1 Principal located in United States. SK Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in SK Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Diego | - | ||
Partner | - | - | - | |
Principal | Honolulu | - | - |
Co-investors of SK Ventures
Over the past 15 years, 269 investors have co-invested in SK Ventures's portfolio companies. This includes funds and angels.
- Invested before SK Ventures: Techstars, Jon Karlen and 31 others have invested in rounds before SK Ventures. There are 5 companies where Techstars has invested before SK Ventures and 1 company where Jon Karlen has invested before SK Ventures.
- Top Co-investors of SK Ventures: 132 investors entered a company along with SK Ventures. These include investors like Foundry (6 companies).
- Invested after SK Ventures: A total of 104 investors have invested in SK Ventures's portfolio after their investments. Top Investors include Foundry (2 companies), Reach Capital (1 company) and SilverArc Capital (1 company).
Recent News related to SK Ventures
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Amperon raises $2 million for its predictive software for energy gridsTechCrunch+•Apr 16, 2020•Amperon, Blackhorn Ventures, Garuda Ventures, Intelis Capital and 9 others
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Understory Secures $7.5M in New Funding to Power Global Expansion of Weather Sensor NetworkBusiness Wire•Nov 20, 2018•Understory, Revolution, 4490 Ventures, Monsanto and 4 others
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The Latest in Self-Service Support and Knowledge ManagementMindTouch•Jul 23, 2018•MindTouch, PeakSpan Capital, SK Ventures, SAP
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SkyWatch Raises Seed Financing of $4M CAD [$3.2M USD] to Bring Satellite Data to the Mass MarketPR Newswire•Feb 09, 2018•SkyWatch, Sinai Ventures, Space Angels, Techstars and 4 others
