About VSP Capital
VSP Capital is a venture capital firm founded in 1996. It is primarily based out of San Francisco, United States. As of Jul 2012, VSP Capital has invested in 9 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Consumer. Most recently it participated in the $***** Series B round of Borderfree Overall, VSP Capital portfolio has seen 6 acquisitions including key companies like Omniva, Borderfree and Sabrix. A lot of funds co-invest with VSP Capital, with names like Red Rock Ventures sharing a substantial percentage of its portfolio. VSP Capital has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series C & 2 more
Portfolio Acquisitions
VSP Capital's List of Top Investments
VSP Capital has a portfolio of 9 companies. Their most notable investments are in Umbria and Shoppinglist.com.Their portfolio spans across United States and China. They have invested in High Tech, Enterprise Applications, Consumer and 6 other sectors, across stages such as Series B, Series C and 2 more. Here is the list of top investments by VSP Capital:_1578303808230.png?format=webp&height=120&width=120){kind=logo}
1. Omniva
Developer of data centers designed for accelerated computing and artificial intelligence. The company focuses on reimagining data center design, construction, and operations. It aims to solve high energy costs associated with artificial intelligence. The company designs its data centers specifically for accelerated computing.
Key facts about Omniva
- Founded Year: 1999
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $4M
- Employee Count: 639 as on Jan 31, 2026
- Investors: Kleiner Perkins, VSP Capital and 1 Other
- Latest Funding Round: Series B, Jan 26, 2003, $*****
- Highlight: Acquired
2. Borderfree
Cross-border platform offering casual wear for men and women. The product catalog includes jeans, t-shirts, jumpers, sweatshirts, skirts, shorts, and more. It also provides footwear, handbags, wallets, jewelry, and other fashion accessories for users.
Key facts about Borderfree
- Founded Year: 1999
- Location: Guangdong (China)
- Annual Revenue: $100M - $500M as on Dec 31, 2014
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $26.8M
- Employee Count: 201 - 500 as on Jul 01, 2024
- Investors: Adams Street Partners, Delta-v Capital and 12 Others
- Latest Funding Round: Series B, Jul 06, 2012, $*****
- Highlight: Acquired
3. DiscountMugs
Provider of custom promotional products and personalized merchandise. This company offers a wide selection of items, including drinkware, glassware, apparel, bags, and office supplies. Items can be customized with logos, designs, or text. The company also provides a design lab to assist customers in creating their own unique products. The focus is on providing high-quality items at competitive prices, suitable for various events and promotional needs. A variety of product categories are available to meet diverse customer requirements.
Key facts about DiscountMugs
- Founded Year: 1993
- Location: Miami (United States)
- Stage: Series C
- Total Funding till date: $46M
- Employee Count: 54 as on May 31, 2026
- Investors: Menlo Ventures, DCM Ventures and 3 Others
- Latest Funding Round: Series C, Dec 02, 2009, $*****
- Highlight: Editors' Pick
4. Sabrix
AI-powered solutions for professionals in legal, tax, trade, risk, and media. This is a technology company empowering professionals with trusted content and workflow automation. It clarifies complex landscapes with AI, technology, and deep subject-matter expertise, providing professionals with the confidence to navigate a fast-evolving world. The company offers corporate software and solutions, including cloud-based platforms, APIs, and AI-assisted tools. It serves various sectors, including legal, tax and accounting, trade and supply, risk and fraud, and news and media. The company provides services such as legal research, drafting software, tax determination, global trade compliance, risk management, and fraud detection. It offers a range of products, including AI legal solutions, tax software, global trade content, and risk analytics tools. The company focuses on continuous innovation and social impact, offering resources like a learning hub, university, and professional services.
Key facts about Sabrix
- Founded Year: 2002
- Location: Lake Oswego (United States)
- Stage: Acquired
- Total Funding till date: $37.7M
- Employee Count: 43 as on May 31, 2026
- Investors: Western Technology Investment, Four Rivers Group and 10 Others
- Latest Funding Round: Series E, 2007, $*****
- Highlight: Acquired
Online retailer offering multi-category fashion products for men and women. The product catalog includes footwear, apparel, jewelry, handbags, wallets, scarves, and more.
Key facts about Shoppinglist.com
- Founded Year: 1998
- Location: Palo Alto (United States)
- Stage: Acqui-Hired
- Total Funding till date: $11.8M
- Investors: Brentwood Associates, Trinity Ventures and 3 Others
- Latest Funding Round: Series C, Nov 1999, $*****
VSP Capital's Investments by Stage
VSP Capital has made 4 investments in Series B stage with an average round size of $7.32M, 3 investments in Series C stage with an average round size of $13.6M, 1 investment in Series A stage with an average round size of $6.7M and 1 investment in Series D stage with an average round size of $35M.Stage of entry | No. of Investments |
|---|---|
Series B | 4 |
Series C | 3 |
Series A | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
VSP Capital's Investments by Sector
VSP Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, Business Services and Consumer Goods. Notably, it has invested in 5 Tech companies, 4 Enterprise (B2B) companies, 3 Consumer (B2C) companies and at least 3 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Consumer | 2 |
Retail | 2 |
Business Services | 1 |
Consumer Goods | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
VSP Capital's Investments by Geography
VSP Capital has made most investments in United States (7), followed by China where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 7 |
China | 1 |
Note: We have considered here, only first round of investments
VSP Capital's recent investments
VSP Capital has not made any investment in 2026 so far.Here are the most recent investments by VSP Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 06, 2012 | China | Series B | 8111 | [+3] | |
Dec 02, 2009 | United States | Series C | 1804 | [+2] | |
Mar 29, 2005 | United States | Series B | 7676 | - | |
Feb 2005 | - | Series A | 8909 | ||
Feb 01, 2003 | United States | Series D | 3936 | [+3] |
Acquired companies in VSP Capital's Portfolio
6 companies from VSP Capital's portfolio have been acquired. The most recent acquisition was Borderfree in Jun 2022 by Global-e for $*****.Here are VSP Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 27, 2022 | Jul 06, 2012 | Series B | 1519 | |
Nov 16, 2009 | Nov 11, 2002 | Series B | 8942 | |
Apr 02, 2008 | Feb 2005 | Series A | 4592 | |
Feb 16, 2007 | Mar 29, 2005 | Series B | 2560 | |
Sep 20, 2004 | Jan 26, 2003 | Series B | 8594 |
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Team profile of VSP Capital
VSP Capital has a team of 1 member located in United States. VSP Capital's team does not sit on the board of any company as of now.Co-investors of VSP Capital
Over the past 27 years, 40 investors have co-invested in VSP Capital's portfolio companies. This includes only funds.
- Invested before VSP Capital: Kleiner Perkins, Viola Credit and 12 others have invested in rounds before VSP Capital. There is 1 company where Kleiner Perkins has invested before VSP Capital and 1 company where Viola Credit has invested before VSP Capital.
- Top Co-investors of VSP Capital: 19 investors entered a company along with VSP Capital. These include investors like Red Rock Ventures (1 company).
- Invested after VSP Capital: A total of 7 investors have invested in VSP Capital's portfolio after their investments. Top Investors include Trinity Ventures (1 company), Malaysia Debt Ventures (1 company) and GKM Newport (1 company).
Recent News related to VSP Capital
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Danger, Inc. Announces $35 Million in Series D FinancingPR Newswire•Feb 03, 2003•Danger, Meritech, Mobius Venture Capital, Redpoint Ventures and 2 others
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