About Venture Development Partners
Venture Development Partners is a venture capital firm founded in 2016. It is primarily based out of San Francisco, United States. As of Dec 2019, Venture Development Partners has invested in 14 companies. It primarily invests in Seed round in Estonia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Seed round of Clanbeat Overall, Venture Development Partners portfolio has seen 2 unicorns, 1 IPO and 3 acquisitions including key companies like Robinhood, OpenWeb and Thehive. A lot of funds co-invest with Venture Development Partners, with names like NP Capital sharing a substantial percentage of its portfolio. Venture Development Partners has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Acquisitions
Venture Development Partners' List of Top Investments
Venture Development Partners has a portfolio of 14 companies, including 2 unicorns. Their most notable investmentis in InsenseTheir portfolio spans across United States, Estonia and United Kingdom. They have invested in Enterprise Applications, High Tech, Retail and 11 other sectors, across stages such as Seed stage. Here is the list of top investments by Venture Development Partners:
1. Robinhood
Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.
Key facts about Robinhood
- Founded Year: 2013
- Location: Menlo Park (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $5.73B
- Employee Count: 4,814 as on May 31, 2026
- Investors: HTIF, ADS Ventures and 149 Others
- Latest Funding Round: Post IPO, May 13, 2022, $*****
- Highlight: Public
2. OpenWeb
Provider of cross device ad network. It enables advertisers to deploy conversation based advertising. The ads are placed in the most engaging conversations to increase reach. It also provides brand safe advertising as it analyzes the quality of advertising sections. Publishers that have partnered with them are AOL, MSN, Fox News, and many others.
Key facts about OpenWeb
- Founded Year: 2012
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $393M
- Employee Count: 251 as on May 31, 2026
- Investors: West Coast Equity Partners, Georgian and 27 Others
- Latest Funding Round: Series F, Oct 27, 2022, $*****
- Highlight: Editors' Pick
3. Insense
Cloud based influencer marketing platform. It is a creator marketplace that helps eCommerce brands optimize ad campaigns and influencer programs. The platform connects influencers and advertisers to collaborate on UGC, organic posts, and whitelisted ads. Offering includes campaign management, relationship management, performance analytics, and more.
Key facts about Insense
- Founded Year: 2016
- Location: New York City (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2023
- Stage: Seed
- Total Funding till date: $1.28M
- Employee Count: 157 as on May 31, 2026
- Investors: Trestle Partner, National Science Foundation and 10 Others
- Latest Funding Round: Seed, Nov 02, 2020, $*****
- Highlight: Editors' Pick
4. Thehive
Provider of APIs to understand, search, and generate content. It offers a cloud-based AI solutions to understand, search, and generate content for developers with a portfolio a number of pre-trained AI models. It also provides pre-trained models or APIs for NSFW detection, face detection, celebrity recognition, gender detection, and more.
Key facts about Thehive
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $85M
- Employee Count: 514 as on May 31, 2026
- Investors: Glynn Capital, Bracket Capital and 18 Others
- Latest Funding Round: Series D, Apr 21, 2021, $*****
- Highlight: Editors' Pick
5. Hercules
Provider of AI platform automating data extraction and workflow verification. The platform transforms unstructured documents into business information, ensuring transaction accuracy. It translates business logic into programmatic code, verifying data and reconciling numbers across systems. The platform flags discrepancies before execution, providing audit-ready outputs for billing, settlement, and reporting.
Key facts about Hercules
- Founded Year: 2014
- Location: Campbell (United States)
- Stage: Series B
- Total Funding till date: $27.9M
- Employee Count: 85 as on Mar 31, 2026
- Investors: Acorn Pacific Ventures, One Way Ventures and 10 Others
- Latest Funding Round: Series B, Jul 11, 2024, $*****
- Highlight: Editors' Pick
Venture Development Partners' Year-on-Year Investment Trends
Its most recent first time investment was in Clanbeat.Venture Development Partners' Investments by Stage
Venture Development Partners has made 2 investments in Seed stage with an average round size of $1.1M.Venture Development Partners' Investments by Sector
Venture Development Partners has a diverse portfolio, with companies operating in the Enterprise Applications, EdTech and Vertical SaaS. Notably, it has invested in 13 Tech companies, 10 Enterprise (B2B) companies, 9 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
EdTech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Venture Development Partners' Investments by Geography
Venture Development Partners has made most investments in Estonia (1), followed by United States where it has made 1 investment.Venture Development Partners' recent investments
Venture Development Partners has not made any investment in 2026 so far.Here are the most recent investments by Venture Development Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 09, 2019 | Estonia | Seed | 5193 | [+3] | |
Mar 15, 2018 | United States | Seed | 1619 | [+1] |
Unicorns in Venture Development Partners' Portfolio
Venture Development Partners has 2 unicorns in its portfolio - OpenWeb and Thehive. The most recent unicorn in their portfolio is OpenWeb. It became a unicorn in 2021, 4 years before Venture Development Partners first invested in it.Here is a list of unicorns in Venture Development Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Provider of cross device ad network | 2012 | New York City | Series F | bjzigpl | ||
57 | Provider of APIs to understand, search, and generate content | 2017 | San Francisco | Series D | ypugxh{ |
IPOs and Publicly Listed companies in Venture Development Partners' Portfolio
1 of Venture Development Partners' portfolio company became public - Robinhood. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2021 at marketcap of $32BHere are Venture Development Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 29, 2021 | - | - | 6161 |
Acquired companies in Venture Development Partners' Portfolio
3 companies from Venture Development Partners' portfolio have been acquired. The most recent acquisition was Placemeter in Dec 2016 by Arlo for $*****.Here are Venture Development Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 16, 2016 | - | - | 5226 | |
Oct 17, 2016 | - | - | 6495 | |
Jan 29, 2016 | - | - | 5728 |
Team profile of Venture Development Partners
Venture Development Partners has a team of 2 members including 2 Partners located in United States. Venture Development Partners' team does not sit on the board of any company as of now.Co-investors of Venture Development Partners
Over the past 8 years, 9 investors have co-invested in Venture Development Partners's portfolio companies. This includes funds and angels.
- Invested before Venture Development Partners: Starta, National Science Foundation and 1 other have invested in rounds before Venture Development Partners. There is 1 company where Starta has invested before Venture Development Partners and 1 company where National Science Foundation has invested before Venture Development Partners.
- Top Co-investors of Venture Development Partners: 6 investors entered a company along with Venture Development Partners. These include investors like NP Capital (1 company).
