About Z5 Capital
Z5 Capital is a venture capital firm founded in 2018. It is primarily based out of Palo Alto, United States. As of Feb 2025, Z5 Capital has invested in 20 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 High Tech and FinTech. Most recently it participated in the $***** Series A round of Nirmata Overall, Z5 Capital portfolio has seen 3 acquisitions, namely AllyO, AutonomIQ and BoostKpi. A lot of funds co-invest with Z5 Capital, with names like Blume Venture sharing a substantial percentage of its portfolio. Z5 Capital has team of 8 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Z5 Capital's List of Top Investments
Z5 Capital has a portfolio of 20 companies. Their most notable investments are in Prescient Devices and Nirmata.Their portfolio spans across United States, India, Switzerland and 2 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 6 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Z5 Capital:1. Accuknox
Provider of runtime-powered zero trust security for cloud-native applications and AI workloads. This provider offers a comprehensive platform encompassing cloud security posture management (CSPM), cloud workload protection platforms (CWPPs), application security posture management (ASPM), and Kubernetes security. Solutions include vulnerability management, container security, and protection against zero-day attacks and ransomware. The platform supports various deployment models, including on-premise, cloud-delivered, and MSSP-powered options, and integrates with multiple CI/CD pipelines and cloud providers. A key focus is securing AI models, datasets, and inferences. The platform utilizes AI-assisted remediation and automated workflows to enhance efficiency and reduce false positives.
Key facts about Accuknox
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: ₹9.73Cr as on Mar 31, 2024
- Stage: Seed
- Total Funding till date: $10.6M
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: National Grid Partners, Avanta Ventures and 7 Others
- Latest Funding Round: Seed, Mar 20, 2023, $*****
- Highlight: Editors' Pick
2. AllyO
AllyO provides AI-based recruiting workflow automation solution. Its product includes Ally which is an AI assistant which assists candidates to chat and apply for jobs. Assists recruiters in audio, video and text assessesment and matches candidates to the relevant jobs, schedules interviews. Other features include background checking, candidate profiling, self optimization of the recruitment process, integration with applicant tracking system, careers and job boards. Clientele includes Walmart, AT&T, Anixter Hilton and others.
Key facts about AllyO
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $59M
- Employee Count: 112 as on Dec 31, 2022
- Investors: Sapphire Ventures, Scale Venture Partners and 6 Others
- Latest Funding Round: Series B, Jun 05, 2019, $*****
- Highlight: Acquired
3. Nirmata
Cloud based kubernetes security platform. It offers policy as code solutions to automate the security operations. It enables users to leverage the policies to govern security, operations, and cost across kubernetes clusters and CI and CD pileines. The platform offers reports and insights to assist team in evaluating the policies. Offering includes pipeline scanning, software supply chain security, kubernetes workload protection, cost governance, and more.
Key facts about Nirmata
- Founded Year: 2013
- Location: San Jose (United States)
- Stage: Series A
- Total Funding till date: $13.6M
- Employee Count: 68 as on Jul 01, 2024
- Investors: Peak XV Partners, Benhamou Global Ventures and 9 Others
- Latest Funding Round: Series A, Feb 10, 2025, $*****
- Highlight: Editors' Pick

4. ArmorCode
AI powered application security solutions. It provides orchestration of DevSecOps with auditing and reporting, and manages application security posture. The features of the product include network and customer data encryption using algorithms, data leak protection, password protection, key management, real-time issue identification, and more.
Key facts about ArmorCode
- Founded Year: 2020
- Location: Palo Alto (United States)
- Stage: Series B
- Total Funding till date: $65M
- Employee Count: 44 as on Jul 01, 2024
- Investors: Cervin, Ballistic Ventures and 15 Others
- Latest Funding Round: Series B, Dec 04, 2023, $*****
- Highlight: Editors' Pick
5. CoreStack
AI powered cloud governance platform. It offers tools to manage and optimize cloud operations. It provides solutions to manage reporting, remediation, and recommendation across multi cloud platform. Its dashboard provides visibility into operations across multiple clouds. Features include cloud cost optimization, identification, mitigation of security threats, and more. It caters its solution to industries such as finance and healthcare.
Key facts about CoreStack
- Founded Year: 2016
- Location: Bellevue (United States)
- Stage: Series B
- Total Funding till date: $45.7M
- Employee Count: 168 as on Oct 31, 2024
- Investors: Iron Pillar, Dallas Venture Capital and 9 Others
- Latest Funding Round: Conventional Debt, Oct 16, 2025, $*****
- Highlight: Editors' Pick
Z5 Capital's Year-on-Year Investment Trends
Z5 Capital has invested in 20 companies over the last 8 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Clientell and most recent follow-on round was in Nirmata.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 1 | 1 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 2 | 0 | 2 |
2021 | 5 | 0 | 5 |
2020 | 0 | 1 | 1 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
Z5 Capital's Investments by Stage
Z5 Capital has made 9 investments in Seed stage with an average round size of $3.31M and 2 investments in Series A stage with an average round size of $4.9M.Stage of entry | No. of Investments |
|---|---|
Seed | 9 |
Series A | 2 |
Note: We have considered here, only first round of investments
Z5 Capital's Investments by Sector
Z5 Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, FinTech, High Tech and Artificial Intelligence - Industry Applications. Notably, it has invested in 19 Tech companies, 18 Enterprise (B2B) companies, 17 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 10 |
Enterprise Infrastructure | 4 |
FinTech | 3 |
High Tech | 2 |
Artificial Intelligence - Industry Applications | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Z5 Capital's Investments by Geography
Z5 Capital has made most investments in United States (8), followed by India where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 8 |
India | 3 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
Z5 Capital's recent investments
Z5 Capital has not made any investment in 2026 so far.Here are the most recent investments by Z5 Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 10, 2025 | United States | Series A | 7149 | ||
Apr 15, 2024 | United States | Seed | 9907 | [+2] | |
Mar 17, 2023 | United States | Seed | 5766 | ||
Jan 2023 | United States | Seed | 6785 | [+9] | |
Aug 31, 2022 | United States | Series A | 8754 |
Acquired companies in Z5 Capital's Portfolio
3 companies from Z5 Capital's portfolio have been acquired. The most recent acquisition was BoostKpi in Nov 2024 by Inflection for $*****.Here are Z5 Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 26, 2024 | - | - | 5816 | |
Feb 02, 2021 | - | - | 1908 | |
Oct 06, 2020 | - | - | 4824 |
Team profile of Z5 Capital
Z5 Capital has a team of 8 members including 3 Partners and 1 Venture Partner located in United States. Z5 Capital's team sits on the board of 1 company.Here is a list of all team members in Z5 Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sunnyvale | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | |||
Venture Partner | Dublin | - | - |
Co-investors of Z5 Capital
Over the past 8 years, 62 investors have co-invested in Z5 Capital's portfolio companies. This includes funds and angels.
- Invested before Z5 Capital: Arka Venture Labs, Chiratae Ventures and 1 other have invested in rounds before Z5 Capital. There is 1 company where Arka Venture Labs has invested before Z5 Capital and 1 company where Chiratae Ventures has invested before Z5 Capital.
- Top Co-investors of Z5 Capital: 36 investors entered a company along with Z5 Capital. These include investors like Blume Venture (2 companies).
- Invested after Z5 Capital: A total of 23 investors have invested in Z5 Capital's portfolio after their investments. Top Investors include Dreamit (2 companies), Dallas Venture Capital (2 companies) and MDSV Capital (1 company).
Recent News related to Z5 Capital
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Manufacturer Rices $ 9.6 in these fundingFinSMEs•Feb 10, 2025•Nirmata, Peak XV Partners, Dallas Venture Capital, Dreamit and 2 others
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SaaS Clientelle Secures Rs 20 Crore Funding for Revenue Operations ExpansionTechiexpert•Apr 16, 2024•Clientell, Blume Venture, Chiratae Ventures, Artha Venture Fund and 1 other
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Secuvy Raises New FundingFinSMEs•Mar 16, 2023•Secuvy, Dell Technologies Capital, WestWave Capital, Z5 Capital and 1 other
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StepFunction Finalizes $5M Post-Seed Funding to Assist SaaS Platforms with Business GrowthCrowdfund Insider•Sep 05, 2022•Step Function, Dallas Venture Capital, HWVP, Inventus Capital Partners and 1 other
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StepFunction Secures $5M in Post-Seed FundingBusiness Wire•Aug 31, 2022•Step Function, Dallas Venture Capital, HWVP, Inventus Capital Partners and 1 other
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qiibee Raises $4.8M To Expand Global FootprintPR Newswire•Jul 05, 2022•Qiibee, Z5 Capital, Meet The People, rDialogue
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Nirmata Raises $4M to Accelerate Growth of Its Policy Engine for KubernetesHostingJournalist•Aug 13, 2021•Nirmata, Kubernetes, Z5 Capital, Uncorrelated Ventures and 3 others
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Flexmoney raises $4.8 mn in series A round from Pravega Ventures, Z5 CapitalLivemint•Jun 15, 2021•Flexmoney, Pravega Ventures, Z5 Capital
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AccuKnox Secures $4.6M in Seed Funding to Meet Growing Demand for Zero-Trust Kubernetes Security SolutionsCNW•Apr 27, 2021•Accuknox, National Grid, SRI, Z5 Capital and 2 others