About Steamboat Ventures
Steamboat Ventures is a venture capital firm founded in 2000. It is primarily based out of Glendale, United States. As of Jan 2018, Steamboat Ventures has invested in 56 companies. 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 Consumer and Media & Entertainment. Most recently it participated in the $***** Series A round of QQSKVIP Overall, Steamboat Ventures portfolio has seen 7 IPOs and 25 acquisitions including key companies like FunPlus, GoPro and GroundTruth. A lot of funds co-invest with Steamboat Ventures, with names like Sequoia Capital sharing a substantial percentage of its portfolio. Steamboat Ventures has team of 6 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 3 more
Portfolio Acquisitions
Steamboat Ventures' List of Top Investments
Steamboat Ventures has a portfolio of 56 companies. Their most notable investments are in Baynote and Pure Digital.Their portfolio spans across United States, China and Italy. They have invested in Enterprise Applications, Consumer, Media & Entertainment and 14 other sectors, across stages such as Series B, Series A and 3 more. Here is the list of top investments by Steamboat Ventures:1. FunPlus
Developer of interactive entertainment experiences across multiple genres for global users. The company focuses on crafting original experiences across various game types. It creates games for different platforms. The company also publishes comic series and collaborates with other companies.
Key facts about FunPlus
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $87M
- Employee Count: 883 as on Jul 31, 2026
- Investors: Signia Venture Partners, Orchidholings and 4 Others
- Latest Funding Round: Series B, May 2014, $*****
- Highlight: Acquired
2. GoPro
Provider of action cameras, cinematic imaging devices, and creator tools. It is designed for capturing, editing, and sharing immersive video and photo content across adventure, sports, travel, and professional filmmaking experiences. It develops high-performance cameras, mobile editing applications, cloud-based subscription services, and accessories that enable users to record, edit, and share immersive content in demanding environments. Its product ecosystem supports activities ranging from sports and outdoor adventures to professional filmmaking and live content creation, offering advanced video resolution, AI-powered imaging capabilities, stabilization technology, and integrated creator workflows for consumers and professionals worldwide.
Key facts about GoPro
- Founded Year: 2002
- Location: San Mateo (United States)
- Annual Revenue: $1B+ as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $288M
- Employee Count: 1,366 as on Jul 31, 2026
- Investors: Veyo Partners, Archer Venture Capital and 12 Others
- Latest Funding Round: Conventional Debt, Aug 04, 2025, $*****
- Highlight: Public
3. GroundTruth
Provider of a location analytics platform for marketing applications. The features of the platform include audience targeting, location targeting, weather targeting, location display SDK, and advertisement managing solutions. The location-based marketing solution is designed to drive in-store traffic and sales and the target audience includes marketers, publishers, and channel partners.
Key facts about GroundTruth
- Founded Year: 2003
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $158M
- Employee Count: 379 as on Jul 31, 2026
- Investors: The Private Shares Fund, SBNY and 13 Others
- Latest Funding Round: Series F, Jul 11, 2018, $*****
- Highlight: Acquired
4. Breed Reply
Key facts about Breed Reply
- Founded Year: 1996
- Location: Turin (Italy)
- Stage: Public
- Total Funding till date: $24.3M
- Employee Count: 17,197 as on Jul 31, 2026
- Investors: Point Financial, Millennium Technology Value Partners and 11 Others
- Latest Funding Round: Grant (prize money), Jun 15, 2018, $*****
- Highlight: Public
5. FreeWheel
FreeWheel offers solutions for media agencies. It offers automation planning, buying, & selling of inventory for advertising. It offers various solutions for agencies and publishers. The solutions offered for publishers include advertising management, marketplace access, and more. It provides media planning solutions for agencies.
Key facts about FreeWheel
- Founded Year: 2007
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $16.8M
- Employee Count: 1,436 as on Jul 31, 2026
- Investors: Foundation Capital, Steamboat Ventures and 2 Others
- Latest Funding Round: Series B, Apr 14, 2010, $*****
Steamboat Ventures' Year-on-Year Investment Trends
Steamboat Ventures has invested in 56 companies over the last 24 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in QQSKVIP and most recent follow-on round was in Davdian.Steamboat Ventures' Investments by Stage
Steamboat Ventures has made 20 investments in Series B stage with an average round size of $14M, 18 investments in Series A stage with an average round size of $20.8M, 3 investments in Series C stage with an average round size of $14.4M, 2 investments in Series E stage with an average round size of $28M and 1 investment in Seed stage.Stage of entry | No. of Investments |
|---|---|
Series B | 20 |
Series A | 18 |
Series C | 3 |
Series E | 2 |
Seed | 1 |
Note: We have considered here, only first round of investments
Steamboat Ventures' Investments by Sector
Steamboat Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Media & Entertainment, Consumer, Retail and Gaming. Notably, it has invested in 48 Tech companies, 32 Enterprise (B2B) companies, 29 Software companies and at least 26 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 19 |
Media & Entertainment | 10 |
Consumer | 9 |
Retail | 7 |
Gaming | 6 |
Others | 27 |
Note: We have considered here, only first round of investments
Steamboat Ventures' Investments by Geography
Steamboat Ventures has made most investments in United States (31), followed by China where it has made 13 investments.Country | No. of Investments |
|---|---|
United States | 31 |
China | 13 |
Note: We have considered here, only first round of investments
Steamboat Ventures' recent investments
Steamboat Ventures has not made any investment in 2026 so far.Here are the most recent investments by Steamboat Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 2018 | China | Series A | 7279 | - | |
Apr 06, 2017 | China | Series C | 1492 | [+1] | |
Apr 11, 2016 | China | Series B | 4560 | ||
Nov 12, 2015 | China | Series A | 5773 | ||
Jun 04, 2015 | United States | Series C | 3906 | [+3] |
IPOs and Publicly Listed companies in Steamboat Ventures' Portfolio
7 of Steamboat Ventures' portfolio companies have become public. Fanli got listed on the Shanghai Stock Exchange (SSE), in Apr 2021 and Vobile got listed on the Hong Kong Exchanges (HKG).Here are Steamboat Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 28, 2021 | Jul 29, 2011 | Series A | 8102 | |
Jan 05, 2018 | Dec 19, 2007 | Series B | 1073 | |
Sep 23, 2016 | Oct 18, 2010 | Series A | 2883 | |
Jul 25, 2014 | Aug 02, 2005 | Series A | 3469 | |
Jun 26, 2014 | May 05, 2011 | Series A | 5814 |
Acquired companies in Steamboat Ventures' Portfolio
25 companies from Steamboat Ventures' portfolio have been acquired. The most recent acquisition was GroundTruth in Mar 2026 by ZeroToOne AI for $*****.Here are Steamboat Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 25, 2026 | Apr 27, 2010 | Series B | 2697 | |
Mar 07, 2022 | Dec 01, 2007 | Series B | 5974 | |
Aug 31, 2021 | - | - | 6738 | |
Feb 04, 2019 | - | - | 3006 | |
May 01, 2018 | - | - | 5670 |
Team profile of Steamboat Ventures
Steamboat Ventures has a team of 6 members including 3 Partners and 1 Principal located in China and United States. Steamboat Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Steamboat Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Hong Kong | - | - | |
Partner | Steamboat Springs | - | - | |
Partner | Los Angeles | - | ||
Principal | Shanghai | - |
Co-investors of Steamboat Ventures
Over the past 24 years, 156 investors have co-invested in Steamboat Ventures's portfolio companies. This includes funds and angels.
- Invested before Steamboat Ventures: Voyager Capital, GSR Ventures and 38 others have invested in rounds before Steamboat Ventures. There are 2 companies where Voyager Capital has invested before Steamboat Ventures and 1 company where GSR Ventures has invested before Steamboat Ventures.
- Top Co-investors of Steamboat Ventures: 58 investors entered a company along with Steamboat Ventures. These include investors like Sequoia Capital (3 companies).
- Invested after Steamboat Ventures: A total of 58 investors have invested in Steamboat Ventures's portfolio after their investments. Top Investors include Sequoia Capital (3 companies), Microsoft (2 companies) and Samsung Venture Investment (2 companies).
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