About VTF Capital
VTF Capital is a venture capital firm founded in 2012. It is primarily based out of Las Vegas, United States. As of Sep 2018, VTF Capital has invested in 122 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and Consumer. Most recently it participated in the $***** Series A round of The/Studio Overall, VTF Capital portfolio has seen 1 unicorn, 4 IPOs and 29 acquisitions including key companies like SpaceX, FanDuel and Asana. A lot of funds co-invest with VTF Capital, with names like 500 Global sharing a substantial percentage of its portfolio. VTF Capital has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Unicorns
Portfolio Soonicorns
VTF Capital's List of Top Investments
VTF Capital has a portfolio of 122 companies, one of which is a Unicorn. Their most notable investments are in Swapbox and Wedgies.Their portfolio spans across United States, Canada, India and 2 more locations. They have invested in Enterprise Applications, Retail, Consumer and 21 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by VTF Capital:
1. 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
Thrive Market is an online membership-based platform offering organic groceries. Their product catalog includes snacks, beauty products, household products, beverages, etc. The company claims that its users can shop across categories like vegan, paleo, raw, gluten-free, etc. Some of the brands associated with the company are Jackson's honest, Acure, Smarty Pants, etc.
Key facts about Thrive Market
- Founded Year: 2014
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $332M
- Employee Count: 926 as on Aug 31, 2026
- Investors: Western Technology Investment, SIZE and 64 Others
- Latest Funding Round: Series C, Jul 16, 2018, $*****
- Highlight: Editors' Pick

3. FanDuel
Developer of a fantasy platform for multiple sports. It provides users to play fantasy sports games for NFL, MLB, NBA, soccer, and golf. It also enables users to select the contests they wish to play, and players to participate in the competition.
Key facts about FanDuel
- Founded Year: 2009
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $416M
- Employee Count: 4,221 as on May 31, 2026
- Investors: Western Technology Investment, CapitalG and 42 Others
- Latest Funding Round: Series E, Sep 15, 2016, $*****
- Highlight: Acquired
4. Asana
Cloud-based platform offering project management software. The company offers users the ability to manage project tracking, camp management, streamlined operations, workflow management, productivity management, sales management, calendar management, product management, kanban boards, meeting agenda, team continuity, project plans, work requests, team goals, and objective planning. Teams can use the platform to create projects, assign work, set deadlines, and allows to communicate with each other. The platform can be integrated with slack, Google, Zoom meetings, salesforce, etc.
Key facts about Asana
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $453M
- Employee Count: 4,437 as on Aug 31, 2026
- Investors: Generation Investment Management, 2B Global and 30 Others
- Latest Funding Round: Series E, Nov 29, 2018, $*****
- Highlight: Public
5. Ring Labs
Provider of home security systems, cameras, alarms, and doorbells. It offers devices and services to protect homes. The company provides video monitoring, motion detection, and real-time alerts. Subscription plans are available to save and review recorded videos.
Key facts about Ring Labs
- Founded Year: 2012
- Location: Santa Monica (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $208M
- Employee Count: 1,304 as on Jul 31, 2026
- Investors: Qualcomm Ventures, Greenline and 37 Others
- Latest Funding Round: Series D, Jan 25, 2017, $*****
- Highlight: Acquired
VTF Capital's Year-on-Year Investment Trends
VTF Capital has invested in 122 companies over the last 15 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in The/Studio and most recent follow-on round was in Ministry of Supply.VTF Capital's Investments by Stage
VTF Capital has made 46 investments in Seed stage with an average round size of $1.07M, 17 investments in Series A stage with an average round size of $5.42M, 3 investments in Series B stage with an average round size of $11M, 2 investments in Conventional Debt stage with an average round size of $1.39M and 1 investment in Series C stage with an average round size of $50M.Stage of entry | No. of Investments |
|---|---|
Seed | 46 |
Series A | 17 |
Series B | 3 |
Conventional Debt | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
VTF Capital's Investments by Sector
VTF Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, High Tech and Internet of Things - Industry Applications. Notably, it has invested in 102 Tech companies, 71 Consumer (B2C) companies, 59 Enterprise (B2B) companies and at least 53 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 25 |
Enterprise Applications | 23 |
Retail | 18 |
High Tech | 15 |
Internet of Things - Industry Applications | 6 |
Others | 57 |
Note: We have considered here, only first round of investments
VTF Capital's Investments by Geography
VTF Capital has made most investments in United States (65), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 65 |
Canada | 1 |
India | 1 |
Kenya | 1 |
Poland | 1 |
Note: We have considered here, only first round of investments
VTF Capital's recent investments
VTF Capital has not made any investment in 2026 so far.Here are the most recent investments by VTF Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 19, 2018 | United States | Series A | 5135 | [+4] | |
Jul 14, 2017 | United States | Seed | 9402 | [+1] | |
May 2017 | United States | Seed | 6518 | ||
Dec 28, 2016 | Canada | Seed | 8763 | [+7] | |
Jun 07, 2016 | United States | Seed | 4244 | - |
Unicorns in VTF Capital's Portfolio
VTF Capital has 1 unicorn in its portfolio - Zipline. The most recent unicorn in their portfolio is Zipline which became a unicorn in 2019, 7 years before VTF Capital first invested in it.Here is a list of unicorns in VTF Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Operator of drone delivery and logistics | 2011 | San Francisco | Series H | xvqvlsl |
IPOs and Publicly Listed companies in VTF Capital's Portfolio
4 of VTF 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 Surf Air got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $982M.Here are VTF Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 5108 | |
Jul 27, 2023 | - | - | 3434 | |
Oct 02, 2020 | Mar 30, 2016 | Series C | 3663 | |
Nov 16, 2005 | - | - | 1067 |
Acquired companies in VTF Capital's Portfolio
29 companies from VTF Capital's portfolio have been acquired. The most recent acquisition was Pando in Aug 2026 by Lattice for $*****.Here are VTF Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 19, 2026 | Feb 17, 2014 | Series A | 6374 | |
Jul 07, 2026 | - | - | 3039 | |
Mar 23, 2026 | Oct 21, 2013 | Conventional Debt | 1880 | |
Dec 02, 2024 | - | - | 4246 | |
Feb 20, 2024 | May 08, 2013 | Seed | 9756 |
Team profile of VTF Capital
VTF Capital has a team of 2 members including 2 Partners located in United States. VTF Capital's team does not sit on the board of any company as of now.Co-investors of VTF Capital
Over the past 15 years, 408 investors have co-invested in VTF Capital's portfolio companies. This includes funds and angels.
- Invested before VTF Capital: 500 Global, Y Combinator and 78 others have invested in rounds before VTF Capital. There are 8 companies where 500 Global has invested before VTF Capital and 3 companies where Y Combinator has invested before VTF Capital.
- Top Co-investors of VTF Capital: 148 investors entered a company along with VTF Capital. These include investors like 500 Global (4 companies).
- Invested after VTF Capital: A total of 180 investors have invested in VTF Capital's portfolio after their investments. Top Investors include Tencent (3 companies), Crosslink Capital (3 companies) and Base Ventures (2 companies).
Recent News related to VTF Capital
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The/Studio - the First On-Demand Manufacturing Platform - Raises $11M in Series A FundingPR Newswire•Sep 19, 2018•The/Studio, Ignition Partners, Interplay, FJ Labs and 3 others
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VTF Capital | PortfolioVTF Capital•Jan 15, 2018•Yoi, VTF Capital, Learn Capital, Double M Partners and 2 others
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Ink raises $7M to make printing on school campuses much less painful tech-fever.com•Nov 06, 2017•Inksystems, VTF Capital, SQN Venture Partners, Invest Nebraska and 1 other
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On-demand print provider Ink secures $7 mlnPE Hub•Nov 03, 2017•VTF Capital, SQN Venture Partners, Invest Nebraska, Nebraska Angels
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Inbound Retargeting raises $400,000 for its super-targeted banner ad technologyBetaKit•Jan 06, 2017•RetargetLinks, 500 Global, VTF Capital, Seraph Group and 6 others
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Asana raises $50 million from Sam Altman, Mark Zuckerberg, and othersVentureBeat•May 05, 2016•Asana, HipChat, Slack, Microsoft and 11 others
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