About Wonder Ventures
Wonder Ventures is a venture capital firm founded in 2014. It is primarily based out of Santa Monica, United States. As of 2026, Wonder Ventures is an active investor, having invested in 75 companies, with 2 new investments in the last 12 months. 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 Consumer and High Tech. Most recently it participated in the $***** Seed round of Conduit Overall, Wonder Ventures portfolio has seen 2 unicorns, 2 IPOs and 17 acquisitions including key companies like Coinbase, Bird and Whatnot. A lot of funds co-invest with Wonder Ventures, with names like True Ventures sharing a substantial percentage of its portfolio. Wonder Ventures has team of 44 people including 41 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Acquisitions
Wonder Ventures' List of Top Investments
Wonder Ventures has a portfolio of 75 companies, including 2 unicorns. Their most notable investments are in Cashmere and Conduit.Their portfolio spans across United States, China, Germany and 2 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 28 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Wonder Ventures:
1. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,124 as on Aug 31, 2026
- Investors: Intel, 2020 Ventures and 148 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public

2. Tala
Provider of financial infrastructure and credit decision models. This entity develops risk intelligence and underwriting engines designed to facilitate access to credit. The technology utilizes behavioral data to assess creditworthiness and enable financial transactions through digital interfaces.
Key facts about Tala
- Founded Year: 2011
- Location: Santa Monica (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $346M
- Employee Count: 908 as on Aug 31, 2026
- Investors: Western Technology Investment, Founders Circle Capital and 51 Others
- Latest Funding Round: Conventional Debt, Mar 20, 2025, $*****
- Highlight: Editors' Pick
3. Bird
App-based rental platform providing self-drive electric kick-scooters. Users can locate, and reserve electric kick-scooters through the app. They can unlock vehicles by scanning the QR codes, ride the scooters, and park in legal parking spaces at the end of the ride. The kick-scooters include self-reporting damage sensors, self-sealing tires, dual anti-tipping kickstands, and anti-theft encryption. App is available for both Android and iOS devices.
Key facts about Bird
- Founded Year: 2017
- Location: Miami (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2022
- Stage: Public
- Total Funding till date: $765M
- Employee Count: 953 as on Aug 31, 2026
- Investors: Glynn Capital, Fidelity Investments and 60 Others
- Latest Funding Round: Series D, Aug 04, 2021, $*****
- Highlight: Public

4. Whatnot
App based platform offering collectibles through live videos. It offers a wide range of products, including sports cards, sneakers, luxury handbags, Funko Pops, Pokemon cards, streetwear, vinyl records, and more.
Key facts about Whatnot
- Founded Year: 2019
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.52B
- Employee Count: 2,154 as on Aug 31, 2026
- Investors: CapitalG, Redpoint Ventures and 35 Others
- Latest Funding Round: Series G, Aug 07, 2026, $*****
- Highlight: Editors' Pick
5. FabFitfun
Online retailer offering subscription-based multi-category products. The product catalog includes fashion accessories, clothing, crockery, candles, cosmetics, etc. The user has to enter information and preferences and the company delivers the package four times a year.
Key facts about FabFitfun
- Founded Year: 2010
- Location: Beverly Hills (United States)
- Stage: Series A
- Total Funding till date: $94.6M
- Employee Count: 493 as on Aug 31, 2026
- Investors: Founders Circle Capital, SIZE and 28 Others
- Latest Funding Round: Series A, Oct 31, 2019, $*****
- Highlight: Editors' Pick
Wonder Ventures' Year-on-Year Investment Trends
Wonder Ventures has invested in 75 companies over the last 11 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of 2026, it has made 2 investments in this year. Its most recent first time investment was in Conduit and most recent follow-on round was in Ownwell.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 4 | 2 | 6 |
2024 | 1 | 0 | 1 |
2023 | 4 | 1 | 5 |
2022 | 6 | 1 | 7 |
2021 | 2 | 1 | 3 |
2020 | 3 | 2 | 5 |
2019 | 0 | 0 | 0 |
2018 | 5 | 0 | 5 |
2017 | 1 | 0 | 1 |
Wonder Ventures' Investments by Stage
Wonder Ventures has made 24 investments in Seed stage with an average round size of $3.3M, 3 investments in Series A stage with an average round size of $8.19M, 1 investment in Post IPO stage with an average round size of $51.3M and 1 investment in Series B stage with an average round size of $25M.Stage of entry | No. of Investments |
|---|---|
Seed | 24 |
Series A | 3 |
Post IPO | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Wonder Ventures' Investments by Sector
Wonder Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, Sustainability Tech and Environment Tech. Notably, it has invested in 71 Tech companies, 43 Enterprise (B2B) companies, 37 Consumer (B2C) companies and at least 35 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 10 |
Enterprise Applications | 9 |
High Tech | 6 |
Sustainability Tech | 5 |
Environment Tech | 4 |
Others | 38 |
Note: We have considered here, only first round of investments
Wonder Ventures' Investments by Geography
Wonder Ventures has made most investments in United States (28), followed by Malaysia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 28 |
Malaysia | 1 |
Note: We have considered here, only first round of investments
Wonder Ventures' recent investments
Wonder Ventures has made 2 investments in 2026 so far - Conduit and Ownwell.Here are the most recent investments by Wonder Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
2026 | United States | Seed | 7330 | [+4] | |
Feb 19, 2026 | United States | Series B | 4960 | [+6] | |
Nov 25, 2025 | United States | Series A | 7578 | ||
Sep 25, 2025 | United States | Seed | 6498 | ||
Sep 2025 | United States | Series A | 5808 | [+3] |
Unicorns in Wonder Ventures' Portfolio
Wonder Ventures has 2 unicorns in its portfolio - Arcadia and Whatnot. The most recent unicorn in their portfolio is Arcadia. It became a unicorn in 2022, 3 years after Wonder Ventures first invested in it.Here is a list of unicorns in Wonder Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency. | 2014 | Washington, DC | Series D | tsftzwd | ||
76 | App based platform offering collectibles through live videos | 2019 | Los Angeles | Series G | nmfyhic |
IPOs and Publicly Listed companies in Wonder Ventures' Portfolio
2 of Wonder Ventures' portfolio companies have become public. Bird got listed on the New York Stock Exchange (NYSE), in Nov 2021 and Coinbase got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $28.7B.Here are Wonder Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 05, 2021 | - | - | 8747 | |
Apr 14, 2021 | - | - | 5731 |
Acquired companies in Wonder Ventures' Portfolio
17 companies from Wonder Ventures' portfolio have been acquired. The most recent acquisition was Bonsai Health in Apr 2026 by ModMed for $*****.Here are Wonder Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 20, 2026 | Sep 25, 2025 | Seed | 4470 | |
Apr 08, 2026 | - | - | 3502 | |
Jan 26, 2026 | - | - | 1321 | |
Mar 11, 2025 | Jul 16, 2018 | Seed | 6159 | |
Jun 24, 2024 | - | - | 4155 |
Team profile of Wonder Ventures
Wonder Ventures has a team of 44 members including 41 Partners and 1 Venture Partner located in United States. Wonder Ventures' team sits on the board of 1 company.Here is a list of top team members in Wonder Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Angeles | |||
Partner | - | - | - | |
Partner | Las Vegas | - | ||
Partner | - | - | - | |
Partner | United States | - | - | |
Partner | - | - | ||
Partner | Santa Monica | - | ||
Partner | - | - | - | |
Partner | Seattle | - | - | |
Partner | Sacramento | - | ||
Partner | - | - | - |
Co-investors of Wonder Ventures
Over the past 11 years, 223 investors have co-invested in Wonder Ventures's portfolio companies. This includes funds and angels.
- Invested before Wonder Ventures: Energy Impact Partners, BoxGroup and 7 others have invested in rounds before Wonder Ventures. There is 1 company where Energy Impact Partners has invested before Wonder Ventures and 1 company where BoxGroup has invested before Wonder Ventures.
- Top Co-investors of Wonder Ventures: 119 investors entered a company along with Wonder Ventures. These include investors like True Ventures (3 companies).
- Invested after Wonder Ventures: A total of 95 investors have invested in Wonder Ventures's portfolio after their investments. Top Investors include Headline (3 companies), Wellington (2 companies) and J P Morgan (2 companies).
Recent News related to Wonder Ventures
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Ownwell Raises $50M Series B RoundMassinvestor•Feb 20, 2026•Mercato Partners, Ownwell, FDIC, Left Lane Capital and 7 others
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Bonsai Health Raises $7M Seed to Transform Healthcare With Agentic AIintelligence360•Oct 17, 2025•Bonsai Health, Bonfire Ventures, Wonder Ventures
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Nuclear Startup The Nuclear Company Secures $46.3M in Series A FundingTechCrunch+•May 16, 2025•Nano Nuclear, CIV, Goldcrest, MCJ and 3 others
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Topanga Secures $8 Million Series A Funding for Food Waste ReductionLos Angeles Business Journal•Apr 14, 2025•Topanga.io, Blue Bear Capital, Struck Capital, Wonder Ventures and 1 other
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Topanga Raises $8M in Series A FundingFinSMEs•Mar 26, 2025•Topanga.io, Blue Bear Capital, Wonder Ventures
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Mogul Raises $1.9m For Service To Help Musicians Find PayoutsMusic Ally•Feb 07, 2024•Mogul, Wonder Ventures, United Talent Agency, Amplify and 1 other
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Pre-seed investor Wonder Ventures secures $102M, including new later-stage fundTechCrunch+•Feb 05, 2024•Wonder Ventures
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US-Latvian Morty closes $2.2M round to develop new formats of entertainmentAIN.Capital•Oct 20, 2023•Morty, Wonder Ventures, Unpopular Ventures, Wedbush Ventures and 2 others
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TRL11 Closes Over USD3M Pre-Seed FundingFinSMEs•May 25, 2023•TRL11, Boost VC, Wonder Ventures, Anorak Ventures and 3 others
