About SVB Capital
SVB Capital is a venture capital firm founded in 2005. It is primarily based out of Menlo Park, United States. As of Nov 2024, SVB Capital has invested in 7 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from FinTech to Enterprise Applications and HealthTech. Most recently it participated in the $***** Series B round of Soda Health Overall, SVB Capital portfolio has seen 3 unicorns, namely Capitolis, DispatchHealth and Olive. A lot of funds co-invest with SVB Capital, with names like Canapi Ventures sharing a substantial percentage of its portfolio. SVB Capital has team of 13 people including 12 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Conventional Debt & 3 more
Portfolio Unicorns
Portfolio Soonicorns
SVB Capital's List of Top Investments
SVB Capital has a portfolio of 7 companies, including 3 unicorns. Their most notable investments are in Capitolis and Pie Insurance.Their portfolio spans across and United States. They have invested in FinTech, Enterprise Applications, HealthTech and 1 other sectors, across stages such as Series B, Conventional Debt and 3 more. Here is the list of top investments by SVB Capital:1. Capitolis
Offers trade management solutions for investors. The company provides a SaaS-based trade management solution and addresses capital markets constraints in equities and foreign exchange markets. It offers solutions for portfolio optimization, identifying trades, creating positions, executing trade strategies, and workflow management.
Key facts about Capitolis
- Founded Year: 2016
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $358M
- Employee Count: 224 as on Jul 31, 2026
- Investors: Index Ventures, BNP Paribas and 20 Others
- Latest Funding Round: Series D, Aug 06, 2025, $*****
- Highlight: Editors' Pick
Provider of on-demand physician visits at home. The platform provides access to users to request physicians visit based on symptoms and conditions. It offers prescription delivery with insurance claims. The platform offers treatments for multiple health conditions.
Key facts about DispatchHealth
- Founded Year: 2013
- Location: Denver (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $700M
- Employee Count: 971 as on Jul 31, 2026
- Investors: Adams Street Partners, Pegasus Tech Ventures and 15 Others
- Latest Funding Round: Series D, Oct 31, 2022, $*****
- Highlight: Editors' Pick
3. Olive
Provider of AI-based platform for administrative solutions. The AI-based platform enables organizations to perform eligibility checks, unadjudicated claims, code matching, and data migrations to optimize administrative errors. The platform also offers solutions to manage customers' efficiency, reduce risk, staff productivity, cost expenses, and investments.
Key facts about Olive
- Founded Year: 2012
- Location: Columbus (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $902M
- Employee Count: 759 as on May 31, 2026
- Investors: Dragoneer Investment Group, Sequoia Capital and 23 Others
- Latest Funding Round: Series H, Jul 01, 2021, $*****
- Highlight: Editors' Pick
4. Highnote
Card issuing processing solution for businesses. Provides an all-in-one card issuer processor and program management platform that gives digital-first organizations the ability to issue and process payment cards that accelerate business growth.
Key facts about Highnote
- Founded Year: 2020
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $173M
- Investors: Adams Street Partners, Spring Creek Partners and 8 Others
- Latest Funding Round: Series B, Dec 16, 2024, $*****
- Highlight: Editors' Pick
Online workers' compensation insurance platform for small businesses. It offers insurance quotes for workers' compensation, commercial auto, cyber liability, errors and omissions, general & professional liability, and more. It offers insurance for construction, restaurants, manufacturing, retail, and healthcare industries.
Key facts about Pie Insurance
- Founded Year: 2017
- Location: Washington, DC (United States)
- Stage: Series D
- Total Funding till date: $625M
- Employee Count: 387 as on Jul 31, 2026
- Investors: Catapult, Elefund and 22 Others
- Latest Funding Round: Series D, Sep 21, 2022, $*****
- Highlight: Editors' Pick
SVB Capital's Year-on-Year Investment Trends
SVB Capital has invested in 7 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Soda Health and most recent follow-on round was in Highnote.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 2 | 0 | 2 |
2021 | 0 | 1 | 1 |
2020 | 2 | 0 | 2 |
2019 | 1 | 0 | 1 |
SVB Capital's Investments by Stage
SVB Capital has made 3 investments in Series B stage with an average round size of $41.4M, 1 investment in Conventional Debt stage with an average round size of $75M, 1 investment in Seed stage with an average round size of $11.5M, 1 investment in Series D stage with an average round size of $110M and 1 investment in Series F stage with an average round size of $106M.Stage of entry | No. of Investments |
|---|---|
Series B | 3 |
Conventional Debt | 1 |
Seed | 1 |
Series D | 1 |
Series F | 1 |
Note: We have considered here, only first round of investments
SVB Capital's Investments by Sector
SVB Capital has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, HealthTech, InsurTech and Vertical SaaS. Notably, it has invested in 7 Tech companies, 6 Enterprise (B2B) companies, 4 Software companies and at least 3 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
FinTech | 5 |
Enterprise Applications | 4 |
HealthTech | 3 |
InsurTech | 2 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
SVB Capital's Investments by Geography
SVB Capital has made most investments in United States (7).SVB Capital's recent investments
SVB Capital has not made any investment in 2026 so far.Here are the most recent investments by SVB Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 01, 2024 | United States | Series B | 6176 | [+4] | |
Jan 31, 2023 | United States | Series B | 7269 | ||
Oct 31, 2022 | United States | Conventional Debt | 4406 | [+1] | |
Mar 22, 2022 | United States | Series D | 9797 | [+9] | |
Apr 27, 2021 | United States | Series A | 9855 | [+3] |
Unicorns in SVB Capital's Portfolio
SVB Capital has 3 unicorns in its portfolio - DispatchHealth, Capitolis and Olive. The most recent unicorn in their portfolio is DispatchHealth. It became a unicorn in 2022.Here is a list of unicorns in SVB Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Provider of on-demand physician visits at home | 2013 | Denver | Series D | ddyjkmh | ||
66 | Offers trade management solutions for investors | 2016 | New York City | Series D | rvvxbtc | ||
58 | Provider of AI-based platform for administrative solutions | 2012 | Columbus | Series H | fyezeyg |
Team profile of SVB Capital
SVB Capital has a team of 13 members including 12 Partners located in United States. SVB Capital's team does not sit on the board of any company as of now.Here is a list of top team members in SVB Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | - | |
Partner | New York City | - | - | |
Partner | San Francisco | - | ||
Partner | Kirkland | - | - | |
Partner | Boulder | - | - | |
Partner | New York City | - | - | |
Partner | United States | - | - | |
Partner | United States | - | - | |
Partner | Palo Alto | - | - | |
Partner | San Francisco | - | ||
Partner | Seattle | - | - |
Co-investors of SVB Capital
Over the past 7 years, 76 investors have co-invested in SVB Capital's portfolio companies. This includes funds and angels.
- Invested before SVB Capital: SVB, Oak HC/FT and 31 others have invested in rounds before SVB Capital. There are 2 companies where SVB has invested before SVB Capital and 2 companies where Oak HC/FT has invested before SVB Capital.
- Top Co-investors of SVB Capital: 19 investors entered a company along with SVB Capital. These include investors like Canapi Ventures (1 company).
- Invested after SVB Capital: A total of 24 investors have invested in SVB Capital's portfolio after their investments. Top Investors include Morgan Stanley (1 company), UBS (1 company) and Spark Capital (1 company).
Recent News related to SVB Capital
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Achieve Life Sciences announces $20M loan refinancingSeeking Alpha•Jul 29, 2024•Achieve Life Sciences, SVB, SVB Capital
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SVB Financial Group Enters Definitive Agreement for Sale of SVB CapitalABL Advisor•May 03, 2024•SVB, SVB Capital
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SVB Financial to sell investment platform business SVB CapitalShareandstocks•May 03, 2024•SVB Capital, SVB, Pinegrove Capital Partners, Brookfield Asset Management and 1 other
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U.S. Pie Insurance completes $45 mln Series B funding for expansionInvestsize•Mar 05, 2019•Pie Insurance, Elefund, Aspect Ventures, Moxley Holdings and 3 others

