About USVP
USVP is a venture capital firm founded in 1981. It is primarily based out of Menlo Park, United States. As of Sep 2026, USVP is an active investor, having invested in 320 companies, with 5 new investments in the last 12 months. 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 Life Sciences and Enterprise Infrastructure. Most recently it participated in the $***** Series C round of HighLife Medical Overall, USVP portfolio has seen 5 unicorns, 24 IPOs and 151 acquisitions including key companies like Oracle, Airtable and Pluto TV. A lot of funds co-invest with USVP, with names like Venrock sharing a substantial percentage of its portfolio. USVP has team of 10 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 6 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
USVP's List of Top Investments
USVP has a portfolio of 320 companies, including 5 unicorns. Their most notable investments are in Vontu and Dotomi.Their portfolio spans across United States, Israel, Canada and 9 more locations. They have invested in Enterprise Applications, Life Sciences, Enterprise Infrastructure and 31 other sectors, across stages such as Series A, Series B and 6 more. Here is the list of top investments by USVP:1. Oracle
Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management. It is a technology multinational corporation that offers a wide range of enterprise software products and services, including cloud computing solutions, database management systems, and Java development tools.
Key facts about Oracle
- Founded Year: 1977
- Location: Austin (United States)
- Annual Revenue: $1B+ as on May 31, 2026
- Stage: Public
- Employee Count: 179,061 as on May 31, 2025
- Investors: Glynn Capital, Greyrock Investments and 33 Others
- Latest Funding Round: Conventional Debt, Feb 03, 2025, $*****
- Highlight: Public
2. Airtable
Cloud and AI based low code workflow and app development platform. It offers a spreadsheet database hybrid model that allows users to develop applications using no code AI components. It enables users to collaborate and share data, monitor comments and changes on the database sheet. It offers tools to customize templates, generate product specifications, categorize user feedback, automate workflows, visualize reports, and more. It is a tool available on the subscription based pricing model.
Key facts about Airtable
- Founded Year: 2013
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.35B
- Employee Count: 4,261 as on Aug 31, 2026
- Investors: Silver Lake, TrueBridge and 59 Others
- Latest Funding Round: Series F, Dec 13, 2021, $*****
- Highlight: Acquired
3. Pluto TV
Provider of ad-supported video streaming platform. Provides live and on-demand VOD content under various categories including music videos, news reports, action sports, video game commentary, and more.
Key facts about Pluto TV
- Founded Year: 2013
- Location: Los Angeles (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $51.8M
- Employee Count: 664 as on Aug 31, 2026
- Investors: Luminari Capital, Scripps Networks Interactive and 16 Others
- Latest Funding Round: Series B, Oct 17, 2017, $*****
- Highlight: Acquired
4. Omada
Provider of virtual care programs to manage chronic diseases. The company provides access to personal health coaches and specialists for virtual programs to deliver personalized interventions for prediabetes, diabetes, hypertension, and musculoskeletal issues.
Key facts about Omada
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $450M
- Employee Count: 995 as on Aug 31, 2026
- Investors: Carriage House Rock, Perceptive Advisors and 45 Others
- Latest Funding Round: Series E, Feb 23, 2022, $*****
- Highlight: Public
5. Box
Cloud-based platform for file sharing. It is a content management platform that provides secure file sharing, storage, and collaboration solutions. The product modules include workflow automation, file collaboration, electronic signature, whiteboarding and team collaboration tool, AI document summarizing, compliance management, note taking, API integration, and more. It is a tool available on the subscription based pricing model.
Key facts about Box
- Founded Year: 2005
- Location: Redwood City (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $693M
- Employee Count: 4,428 as on Aug 31, 2026
- Investors: Meritech, Section Partners and 38 Others
- Latest Funding Round: Post IPO, May 12, 2021, $*****
- Highlight: Public
USVP's Year-on-Year Investment Trends
USVP has invested in 321 companies over the last 31 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 14 investments, while as of Sep 2026, it has made 7 investments in this year. Its most recent first time investment was in ReEmerge and most recent follow-on round was in HighLife Medical.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 4 | 7 |
2025 | 7 | 7 | 14 |
2024 | 2 | 5 | 7 |
2023 | 5 | 5 | 10 |
2022 | 6 | 7 | 13 |
2021 | 9 | 6 | 15 |
2020 | 9 | 11 | 20 |
2019 | 10 | 9 | 19 |
2018 | 5 | 6 | 11 |
2017 | 6 | 7 | 13 |
USVP's Investments by Stage
USVP has made 106 investments in Series A stage with an average round size of $14.4M, 87 investments in Series B stage with an average round size of $21M and 36 investments in Series C stage with an average round size of $26.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 106 |
Series B | 87 |
Series C | 36 |
Seed | 9 |
Series D | 5 |
Others | 5 |
Note: We have considered here, only first round of investments
USVP's Investments by Sector
USVP has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Life Sciences, Semiconductors and High Tech. Notably, it has invested in 273 Tech companies, 246 Enterprise (B2B) companies, 161 Software companies and at least 81 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 103 |
Enterprise Infrastructure | 52 |
Life Sciences | 45 |
Semiconductors | 33 |
High Tech | 27 |
Others | 179 |
Note: We have considered here, only first round of investments
USVP's Investments by Geography
USVP has made most investments in United States (223), followed by Israel where it has made 13 investments.Country | No. of Investments |
|---|---|
United States | 223 |
Israel | 13 |
Canada | 4 |
China | 2 |
United Kingdom | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
USVP's recent investments
USVP has made 7 investments in 2026 so far. HighLife Medical and ReEmerge are the latest among them.Here are the most recent investments by USVP:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 22, 2026 | France | Series C | 9805 | [+11] | |
Sep 15, 2026 | - | Series A | 2871 | [+4] | |
May 18, 2026 | United States | Series D | 7866 | - | |
Apr 27, 2026 | Canada | Series B | 5565 | [+4] | |
Apr 24, 2026 | Canada | Series A | 8924 | [+2] |
Unicorns in USVP's Portfolio
USVP has 5 unicorns in its portfolio - Human Interest, Inari, Cato Networks and others. The most recent unicorn in their portfolio is Human Interest. It became a unicorn in 2021, 1 years after USVP first invested in it.Here is a list of unicorns in USVP's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Employer-enabled retirement planning | 2015 | San Francisco | Series E | kyqnakp | ||
63 | Developer of technology to improve crop breeding and seed production | 2016 | Cambridge | Series G | qtrybto | ||
75 | Provider of converged network security solutions with threat prevention capabilities | 2015 | Tel Aviv | Series G | zabpmsw | ||
48 | Cloud based platform offering software to create sales playbooks | 2004 | Austin | Series D | zlieads | ||
55 | Provider of solar panels, solar panel kits, and related components | 2005 | Fremont | Series E | jrqrcvw |
IPOs and Publicly Listed companies in USVP's Portfolio
24 of USVP's portfolio companies have become public. HeartFlow got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Aug 2025 at marketcap of $1.53B and Shoulder Innovations got listed on the New York Stock Exchange (NYSE) at marketcap of $299M.Here are USVP's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 08, 2025 | May 20, 2016 | Series C | 1121 | |
Jul 31, 2025 | Oct 29, 2020 | Series B | 8471 | |
Jul 23, 2025 | Dec 16, 2020 | Series A | 6491 | |
Jun 06, 2025 | Mar 21, 2013 | Series A | 4355 | |
Feb 24, 2025 | - | - | 3215 |
_1571286625316.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Acquired companies in USVP's Portfolio
151 companies from USVP's portfolio have been acquired. The most recent acquisition was Smartling in Sep 2026 by Vitruvian Partners for $*****.Here are USVP's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 15, 2026 | Mar 18, 2010 | Series A | 5178 | |
Sep 01, 2026 | May 05, 2011 | Series A | 1090 | |
Aug 04, 2026 | - | - | 6352 | |
Jul 14, 2026 | - | - | 9277 | |
Jun 15, 2026 | Nov 18, 2025 | Series B | 7231 |
Team profile of USVP
USVP has a team of 10 members including 6 Partners and 1 Principal located in United States. USVP's team sits on the board of 6 companies.Here is a list of all team members in USVP:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | Smartling and Quantifind | - | |
Partner | Menlo Park | - | - | |
Partner | Menlo Park | - | - | |
Partner | Menlo Park | Omada, Route 92 Medical and 2 more | - | |
Partner | Menlo Park | - | - | |
Partner | San Francisco | - | - | |
Principal | Menlo Park | - | - |
Co-investors of USVP
Over the past 31 years, 1238 investors have co-invested in USVP's portfolio companies. This includes funds and angels.
- Invested before USVP: Y Combinator, Venrock and 325 others have invested in rounds before USVP. There are 5 companies where Y Combinator has invested before USVP and 4 companies where Venrock has invested before USVP.
- Top Co-investors of USVP: 405 investors entered a company along with USVP. These include investors like Venrock (9 companies).
- Invested after USVP: A total of 506 investors have invested in USVP's portfolio after their investments. Top Investors include Intel Capital (6 companies), SVB (6 companies) and Norwest (5 companies).
Recent News related to USVP
•
Maneva Raises $27M in Series A Funding FinSMEs•Jun 10, 2026•Maneva, Bling Capital, Freestyle, USVP and 2 others
•
•
Nervonik Announces $52.5M Series B FinancingMassinvestor•Apr 28, 2026•Nervonik, Amzak Health, Foothill Ventures, Lumira Ventures and 5 others
•
Route 92 Medical Receives $50M in Growth FinancingFinSMEs•Apr 07, 2026•Norwest, Route 92 Medical, Sectoral, InnovaHealth Partners and 3 others
•
•
Hyundai and Kia invest in battery software specialist Qnovoelectrive.com•Mar 04, 2026•Kia, Hyundai, Qnovo, Climate Investment and 5 others
•
Slang AI just raised $36M: Can its voice AI really handle chaos of private dining better than human host?Tech Funding News•Feb 24, 2026•Slang, Thayer Investment Partners, USVP, Active Capital and 5 others
•
Adaptive6 Secures $28M in Funding for Cloud Cost Inefficiency SolutionsSiliconAngle•Jan 28, 2026•Adaptive6, Bayer, VMware, Vertex Ventures and 4 others
•
Apono Raises $34M Series B to Redefine Privileged Access for the Agentic Eraintelligence360•Dec 27, 2025•33N Ventures, Vertex Ventures, Swisscom Ventures, USVP and 1 other
•
Okami Medical Secures $45 Million Financing and Appoints New CEO to Spearhead GrowthPR Newswire•Nov 19, 2025•Okami Medical, Evtoday, Vensana Capital, Gilde Healthcare and 1 other
