About Ultrafund Capital
Ultrafund Capital is a venture capital firm founded in 2020. It is primarily based out of Shenzhen, China. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Blockchain Technology. Overall, Ultrafund Capital portfolio has seen 3 unicorns and 7 IPOs including key companies like Instacart, SoFi and SpaceX. Ultrafund Capital has team of 1 people including 1 partners.Ultrafund Capital's List of Top Investments
Ultrafund Capital has a portfolio of 15 companies, including 3 unicorns. Their most notable investments include Instacart and SoFi.Their portfolio spans across United States, China, Estonia and 2 more locations. They have invested in High Tech, Enterprise Applications, Blockchain Technology and 10 other sectors. Here is the list of top investments by Ultrafund Capital:1. Instacart
Operator of an online marketplace providing grocery and delivery services. The platform connects customers with personal shoppers who fulfill orders from various retailers. Customers can select items, chat with shoppers, and schedule delivery or pickup. The marketplace offers a range of grocery, household, and other retail products. It also provides options for membership and business accounts.
Key facts about Instacart
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.93B
- Employee Count: 25,341 as on Aug 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 85 Others
- Latest Funding Round: Series F, Oct 15, 2021, $*****
- Highlight: Public

2. SoFi
Online bank offering consumer loans and insurances. It offers multiple loan products including personal loans, student loans, home loans, business loans, and more. It also offers insurance including life insurance, home insurance, and more. It also features an app-based platform for trading stocks, ETFs, crypto, and accessing financial services. The app is available on IOS and Android devices.
Key facts about SoFi
- Founded Year: 2011
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $3.04B
- Employee Count: 6,825 as on Aug 31, 2026
- Investors: Silver Lake, InvestX and 79 Others
- Latest Funding Round: Post IPO, Feb 18, 2024, $*****
- Highlight: Public

3. SpaceX
Provider of advanced aerospace and space transportation services. It delivers advanced launch services using reusable rocket systems designed to transport crew and cargo for missions to orbit, the Moon, Mars, and deep space exploration. It also develops and operates large-scale satellite networks that provide high-speed, low-latency internet connectivity across the globe, including remote and underserved regions. It supports human spaceflight programs aimed at expanding long-duration space exploration and increasing access to space for both commercial and governmental missions.
Key facts about SpaceX
- Founded Year: 2002
- Location: Hawthorne (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $11.9B
- Employee Count: 20,775 as on Aug 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 275 Others
- Latest Funding Round: Series J, Mar 17, 2026, $*****
- Highlight: Public
4. Udemy
Provider of a marketplace offering online courses. It offers courses in various disciplines such as business, IT and software, photography, marketing, music, finance, and more. The courses can be taken at any pace and the course content can be created by instructors according to their choice. It also offers corporate online learning platform, that provides training solutions to corporates. Its mobile app is available for android and iOS devices.
Key facts about Udemy
- Founded Year: 2010
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $274M
- Employee Count: 9,176 as on Aug 31, 2026
- Investors: Founders Circle Capital, Harmony Venture Partners and 68 Others
- Latest Funding Round: Series F, Nov 18, 2020, $*****
- Highlight: Public

5. Coursera
Provider of online courses, professional certificates, and degree programs. The platform collaborates with universities and companies to deliver educational content. It offers opportunities for individuals to learn new skills and advance their careers. The platform provides learning resources for businesses to train their workforce.
Key facts about Coursera
- Founded Year: 2012
- Location: Mountain View (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $443M
- Employee Count: 6,501 as on May 31, 2026
- Investors: HTIF, Sprout Capital Partners and 49 Others
- Latest Funding Round: Series F, Jul 17, 2020, $*****
- Highlight: Public
Unicorns in Ultrafund Capital's Portfolio
Ultrafund Capital has 3 unicorns in its portfolio - Addepar, Impossible Foods and Automation Anywhere. The most recent unicorn in their portfolio is Addepar. It became a unicorn in 2022, 4 years before Ultrafund Capital first invested in it.Here is a list of unicorns in Ultrafund Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
76 | Wealth management solutions for advisors | 2009 | Mountain View | Series G | z{bwbik | ||
72 | Provider of plant-based alternatives to traditional meat products | 2011 | Redwood City | Series H | eurlsqb | ||
64 | Provider of AI-based platform for robotic process automation | 2003 | San Jose | Series B | {krusce |
IPOs and Publicly Listed companies in Ultrafund Capital's Portfolio
7 of Ultrafund Capital's portfolio companies have become public. SpaceX got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996B and Rubrik got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $5.63B.Here are Ultrafund Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 4335 | |
Apr 25, 2024 | - | - | 3227 | |
Sep 19, 2023 | - | - | 2952 | |
Oct 29, 2021 | - | - | 9105 | |
Jun 01, 2021 | - | - | 3177 |
