About Spearhead
Spearhead is a venture capital firm founded in 2018. It is primarily based out of Cambridge, United States. As of Nov 2025, Spearhead is an active investor, having invested in 38 companies, with 1 new investment in the last 12 months. 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 Blockchain Technology. Most recently it participated in the $***** Seed round of Self Labs Overall, Spearhead portfolio has seen 11 unicorns, 2 IPOs and 5 acquisitions including key companies like Opendoor, Vercel and Rippling. A lot of funds co-invest with Spearhead, with names like Vibe Capital sharing a substantial percentage of its portfolio. Spearhead has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Spearhead's List of Top Investments
Spearhead has a portfolio of 38 companies, including 11 unicorns. Their most notable investments are in ALT and Armilla AI.Their portfolio spans across United States, Canada, France and 2 more locations. They have invested in Enterprise Applications, High Tech, Blockchain Technology and 16 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Spearhead:
1. Opendoor
Provider of an app-based reseller of residential properties. The platform enables property sellers to information about the property, schedule video assessments, and receive offers based on comparative market analysis. Provides home inspection and mortgage solutions. Their app is available on Android and iOS devices.
Key facts about Opendoor
- Founded Year: 2014
- Location: Tempe (United States)
- Stage: Public
- Total Funding till date: $1.35B
- Employee Count: 1,414 as on May 31, 2026
- Investors: Access Industries, Vibhu Venture Partners and 75 Others
- Latest Funding Round: Post IPO, Aug 18, 2021, $*****
- Highlight: Public
2. Vercel
Provider of cloud infrastructure and developer tools for web applications. It offers continuous integration and delivery, content delivery, and serverless computing capabilities. The platform provides features such as bot management, security, and monitoring. It supports development with frameworks and tools, enabling application deployment and scaling.
Key facts about Vercel
- Founded Year: 2015
- Location: Covina (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $863M
- Employee Count: 915 as on May 31, 2026
- Investors: Adams Street Partners, GIC and 31 Others
- Latest Funding Round: Series F, Sep 30, 2025, $*****
- Highlight: Editors' Pick
3. Rippling
Cloud-based suite solution for HR management. It offers automated onboarding and offboarding solution for the organizations. The product is an employee management software solution with features such as payroll administration, employee benefits management, headcount planning, feedback surveys, shift scheduling, learning management and more. It also offer products such as workflow studio, reporting analytics, policies management and more. It is a tool available on the subscription based pricing model.
Key facts about Rippling
4. Scale AI
Labeled data to train AI applications. The platform leverages enterprise data to customize generative models. The data engine consists of tools and features to collect, curate and annotate data, and to evaluate and optimize models.
Key facts about Scale AI
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $15.9B
- Employee Count: 6,693 as on May 31, 2026
- Investors: Harmony Venture Partners, Northgate Capital and 63 Others
- Latest Funding Round: Series G, Jun 12, 2025, $*****
- Highlight: Editors' Pick
5. Clubhouse
App-based social platform for audio sharing. The platform allows users to create rooms, talk to their friends, and meet new friends. They can organize audio meetings with friends. The app is available for Android and iOS users.
Key facts about Clubhouse
- Founded Year: 2020
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $112M
- Employee Count: 267 as on May 31, 2026
- Investors: DST Global, Tiger Global Management and 24 Others
- Latest Funding Round: Series C, Apr 17, 2021, $*****
- Highlight: Editors' Pick
Spearhead's Year-on-Year Investment Trends
Spearhead has invested in 38 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Self Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 2 | 0 | 2 |
2021 | 3 | 0 | 3 |
2020 | 1 | 0 | 1 |
Spearhead's Investments by Stage
Spearhead has made 4 investments in Seed stage with an average round size of $5.65M, 2 investments in Series A stage with an average round size of $15M, 2 investments in Series B stage with an average round size of $48.4M and 1 investment in Series C stage with an average round size of $65M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 2 |
Series B | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
Spearhead's Investments by Sector
Spearhead has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Blockchain Technology, Business Services and FinTech. Notably, it has invested in 35 Tech companies, 30 Enterprise (B2B) companies, 26 Software companies and at least 18 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
High Tech | 5 |
Blockchain Technology | 4 |
Business Services | 2 |
FinTech | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Spearhead's Investments by Geography
Spearhead has made most investments in United States (7), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 7 |
Canada | 1 |
Israel | 1 |
Note: We have considered here, only first round of investments
Spearhead's recent investments
Spearhead has not made any investment in 2026 so far.Here are the most recent investments by Spearhead:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 13, 2025 | United States | Seed | 1095 | [+5] | |
Feb 11, 2025 | United States | Seed | 2866 | [+6] | |
Sep 18, 2024 | United States | Series B | 6280 | [+4] | |
Aug 18, 2022 | Israel | Seed | 3465 | [+19] | |
Apr 27, 2022 | United States | Series A | 5098 | [+3] |
Unicorns in Spearhead's Portfolio
Spearhead has 11 unicorns in its portfolio - NexHealth, 1inch, Sword Health and others. The most recent unicorn in their portfolio is NexHealth. It became a unicorn in 2022, 1 years after Spearhead first invested in it.Here is a list of unicorns in Spearhead's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
46 | Provider of a software suite for hospitals | 2016 | San Francisco | Series C | nfeg{kb | ||
67 | Decentralized financial solutions | 2019 | Tortola | Series B | rsylhmt | ||
74 | Provider of AI-powered digital physical therapy and pelvic health solutions | 2015 | New York | Series E | wrzstef | ||
66 | Provider of implantable brain-computer interfaces | 2016 | Fremont | Series E | {dckgoh | ||
58 | Developer of a platform for code search, analysis, and modification | 2013 | San Francisco | Series D | lvrlrnx |
IPOs and Publicly Listed companies in Spearhead's Portfolio
2 of Spearhead's portfolio companies have become public. Opendoor got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Dec 2020 and Twist Bioscience got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $70M.Here are Spearhead's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 21, 2020 | - | - | 5743 | |
Oct 31, 2018 | - | - | 3489 |
Acquired companies in Spearhead's Portfolio
5 companies from Spearhead's portfolio have been acquired. The most recent acquisition was Forethought AI in Mar 2026 by Zendesk for $*****.Here are Spearhead's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 11, 2026 | Dec 15, 2021 | Series C | 4618 | |
Jun 11, 2024 | - | - | 9123 | |
Mar 09, 2022 | - | - | 6648 | |
Oct 09, 2020 | - | - | 1146 | |
Jun 28, 2018 | - | - | 1332 |
Team profile of Spearhead
Spearhead has a team of 1 member. Spearhead's team sits on the board of 1 company.Co-investors of Spearhead
Over the past 6 years, 152 investors have co-invested in Spearhead's portfolio companies. This includes funds and angels.
- Invested before Spearhead: Chapter One, First Round Capital and 50 others have invested in rounds before Spearhead. There are 2 companies where Chapter One has invested before Spearhead and 1 company where First Round Capital has invested before Spearhead.
- Top Co-investors of Spearhead: 72 investors entered a company along with Spearhead. These include investors like Vibe Capital (1 company).
- Invested after Spearhead: A total of 28 investors have invested in Spearhead's portfolio after their investments. Top Investors include Atalaya Capital Management (1 company), Blue Cloud Ventures (1 company) and May Habib (1 company).
Recent News related to Spearhead
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Self Completes $9 Million Funding Round and Launches Points Reward ProgramCnyes•Nov 13, 2025•Self Labs, SoftBank, Startup Capital Ventures x SBI, Verda Ventures and 2 others
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Human.org Raises $7.3M In PreSeed FundingFinSMEs•Feb 12, 2025•Human, HF0, Soma Capital, Spearhead and 2 others
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Corey McLaren Joins Abacus Life (ABL) as Managing Director, Capital MarketsBenzinga•Sep 17, 2024•Abacus Life, Spearhead
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CredRight raises Rs 78 crore from Michael and Susan Dell Foundation, Blacksoil and YourNest among othersIndiatimes•Aug 31, 2023•Michael & Susan Dell Foundation, Spearhead, RevX Capital, 9Unicorns and 8 others
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dWallet Labs Raises $5 Million in Pre-Seed RoundSmartliquidity•Aug 21, 2022•dWallet Labs, Node Capital, Digital Currency Group, Amplify Partners and 14 others
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Digital Currency Group Leads $5M Fundraise for Blockchain Security Firm dWallet LabsCoinDesk•Aug 18, 2022•Node Capital, Digital Currency Group, Odysseynetworks, Spearhead and 18 others
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Mozart Data raises $1m in Series A led by Craft VenturesPrivate Equity Wire•Apr 28, 2022•Mozart Data, Craft Ventures, Goldcrest, Apollo Projects and 2 others
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Forethought Raises $65M in Series C FundingFinSMEs•Dec 15, 2021•Forethought AI, Steadfast Equity, Forbes, Sound Ventures and 8 others
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