About Zeno Ventures
Zeno Ventures is a venture capital firm founded in 2016. It is primarily based out of Geneva, Switzerland. As of Sep 2025, Zeno Ventures is an active investor, having invested in 95 companies, with 1 new investment in the last 12 months. It primarily invests in Series A 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 $***** Series A round of Saturn Overall, Zeno Ventures portfolio has seen 4 unicorns, 6 IPOs and 10 acquisitions including key companies like Wise, Pinterest and Mercury. A lot of funds co-invest with Zeno Ventures, with names like Y Combinator sharing a substantial percentage of its portfolio. Zeno Ventures has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Deals in last 12 months
Zeno Ventures' List of Top Investments
Zeno Ventures has a portfolio of 95 companies, including 4 unicorns. Their most notable investments are in Aella App and Mighty Buildings.Their portfolio spans across United States, Canada, United Kingdom and 12 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 28 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Zeno Ventures:1. Wise
Provider of international money transfer and multi-currency. It offers secure, transparent, and cost-efficient cross-border payment solutions. It provides personal accounts, business accounts, multi-currency cards, and platform APIs that enable individuals, companies, and financial institutions to send, receive, hold, and convert money globally.
Key facts about Wise
- Founded Year: 2011
- Location: Shoreditch (United Kingdom)
- Annual Revenue: €500M - €1B as on Mar 31, 2022
- Stage: Public
- Total Funding till date: $397M
- Employee Count: 10,710 as on May 31, 2026
- Investors: Glynn Capital, Galtymore Partners and 103 Others
- Latest Funding Round: Venture Debt, May 19, 2021, $*****
- Highlight: Public

2. Pinterest
Visual discovery and planning website. It provides a platform for users to discover and save ideas, products, and services across various categories, including fashion, home decor, and lifestyle. The company offers a range of features and tools for both individual and business users, including advertising solutions, analytics, and content sharing capabilities.
Key facts about Pinterest
- Founded Year: 2010
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $1.47B
- Employee Count: 13,977 as on Jul 31, 2026
- Investors: TrueBridge, Section Partners and 88 Others
- Latest Funding Round: Post IPO, Mar 03, 2026, $*****
- Highlight: Public
3. Mercury
Provider of a comprehensive online platform offering a range of financial services. The company provides integrated banking services for businesses, offering a platform to manage financial operations.
Key facts about Mercury
- Founded Year: 2017
- Location: San Francisco (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $546M
- Employee Count: 1,729 as on Jul 31, 2026
- Investors: Harmony Venture Partners, Sapphire Ventures and 80 Others
- Latest Funding Round: Series D, May 08, 2026, $*****
- Highlight: Editors' Pick

4. 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)
- Stage: Public
- Total Funding till date: $11.9B
- Employee Count: 20,561 as on Jul 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 269 Others
- Latest Funding Round: Series J, Mar 17, 2026, $*****
- Highlight: Public

5. Alibaba
Online marketplace connecting global buyers with manufacturers, suppliers, and exporters. It facilitates sourcing for various product categories, including apparel, electronics, and machinery. The platform offers tools for requesting quotations and accessing customized sourcing options. It also provides order protection and buyer support services.
Key facts about Alibaba
- Founded Year: 1999
- Location: United States
- Stage: Public
- Employee Count: 29,135 as on May 31, 2026
- Investors: Silver Lake, K2 Global and 47 Others
- Highlight: Public
Zeno Ventures' Year-on-Year Investment Trends
Zeno Ventures has invested in 95 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Saturn and most recent follow-on round was in AvantStay.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 1 | 1 | 2 |
2018 | 2 | 0 | 2 |
2017 | 2 | 1 | 3 |
Zeno Ventures' Investments by Stage
Zeno Ventures has made 5 investments in Seed stage with an average round size of $3.36M, 4 investments in Series A stage with an average round size of $7.28M and 1 investment in Series B stage with an average round size of $40M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
Zeno Ventures' Investments by Sector
Zeno Ventures has a diverse portfolio, with companies operating in the Consumer, FinTech, Gig Economy, Enterprise Applications and Financial Services. Notably, it has invested in 87 Tech companies, 61 Enterprise (B2B) companies, 48 Software companies and at least 36 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 5 |
FinTech | 3 |
Gig Economy | 3 |
Enterprise Applications | 2 |
Financial Services | 2 |
Others | 15 |
Note: We have considered here, only first round of investments
Zeno Ventures' Investments by Geography
Zeno Ventures has made most investments in United States (7), followed by Nigeria where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 7 |
Nigeria | 2 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Zeno Ventures' recent investments
Zeno Ventures has not made any investment in 2026 so far.Here are the most recent investments by Zeno Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 19, 2025 | United Kingdom | Series A | 8747 | [+2] | |
Jul 03, 2024 | United States | Seed | 6469 | [+17] | |
Mar 04, 2022 | United States | Series A | 1517 | [+1] | |
Feb 08, 2021 | United States | Series B | 7637 | [+10] | |
Sep 18, 2019 | United States | Series A | 4352 | [+5] |
Unicorns in Zeno Ventures' Portfolio
Zeno Ventures has 4 unicorns in its portfolio - HomeLight, Mercury, Applied Intuition and others. The most recent unicorn in their portfolio is HomeLight. It became a unicorn in 2021, 5 years before Zeno Ventures first invested in it.Here is a list of unicorns in Zeno Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
73 | Provider of an online recommendation platform for brokers | 2012 | San Francisco | Series D | zbksmqv | ||
83 | Provider of a comprehensive online platform offering a range of financial services | 2017 | San Francisco | Series D | mxyqbwa | ||
68 | Developer of vehicle software, simulation, validation, and autonomy AI stacks | 2017 | Sunnyvale | Series F | vkissjm | ||
69 | Cloud based open source platform offering docker suite | 2008 | Palo Alto | Series E | vgj{gqd |
IPOs and Publicly Listed companies in Zeno Ventures' Portfolio
6 of Zeno Ventures' 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 Wise got listed on the OTC Markets (OTCMKTS) at marketcap of undefined.Here are Zeno Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 3806 | |
Jul 09, 2021 | - | - | 8240 | |
Apr 18, 2019 | - | - | 6419 | |
Sep 19, 2014 | - | - | 8198 | |
Apr 24, 1990 | - | - | 8207 |
Acquired companies in Zeno Ventures' Portfolio
10 companies from Zeno Ventures' portfolio have been acquired. The most recent acquisition was Evry Health in Oct 2023 by Globe Life And Accident Insurance for $*****.Here are Zeno Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 16, 2023 | - | - | 5711 | |
Mar 22, 2023 | - | - | 1951 | |
Jan 30, 2023 | Nov 28, 2018 | Seed | 5903 | |
Jan 04, 2021 | - | - | 9595 | |
Aug 18, 2020 | - | - | 2387 |
Team profile of Zeno Ventures
Zeno Ventures has a team of 2 members including 2 Partners located in United States and Switzerland. Zeno Ventures' team does not sit on the board of any company as of now.Co-investors of Zeno Ventures
Over the past 10 years, 112 investors have co-invested in Zeno Ventures's portfolio companies. This includes funds and angels.
- Invested before Zeno Ventures: Y Combinator, Abstract Ventures and 3 others have invested in rounds before Zeno Ventures. There are 7 companies where Y Combinator has invested before Zeno Ventures and 1 company where Abstract Ventures has invested before Zeno Ventures.
- Top Co-investors of Zeno Ventures: 68 investors entered a company along with Zeno Ventures. These include investors like Y Combinator (2 companies).
- Invested after Zeno Ventures: A total of 39 investors have invested in Zeno Ventures's portfolio after their investments. Top Investors include Pac-West Telecomm (1 company), Tarsadia (1 company) and 3L Capital (1 company).
Recent News related to Zeno Ventures
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Fetch raises $3.5M for its self-service truck rental marketplaceTechCrunch+•Mar 04, 2022•Knoll Ventures, NextView Ventures, Zeno Ventures, Fetchtruck
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Mighty Buildings Raises $40M In Series B FundingFinSMEs•Feb 10, 2021•Mighty Buildings, Khosla Ventures, Zeno Ventures, Bold Capital Partners and 9 others
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Mighty Buildings secures investment from ArcTern VenturesVCJ•Feb 10, 2021•Mighty Buildings, ArcTern Ventures, Khosla Ventures, Zeno Ventures and 2 others
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ArcTern Ventures Announces Investment in 3D Printed Home StartupCNW•Feb 10, 2021•ArcTern Ventures, Mighty Buildings, Khosla Ventures, Bold Capital Partners and 1 other
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Mercury banks $20M for its banking service aimed at startupsTechCrunch+•Sep 26, 2019•Andreessen Horowitz, CRV, Dreamers, Thirty Five Ventures and 12 others
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AvantStay locks in $20M in funding, looks to expand short-term rental portfolioPhocusWire•Sep 18, 2019•AvantStay, 3L Capital, Bullpen Capital, Convivialite Ventures and 3 others
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Hospitality brand AvantStay books $5 mlnPE Hub•Dec 19, 2018•AvantStay, Bullpen Capital, F-Prime Capital, Zeno Ventures and 4 others
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Phiar Raises $3M Seed Round for AI-Driven Augmented Reality Navigation System to Eliminate Wrong TurnsBusiness Wire•Nov 28, 2018•Phiar Technologies, The Venture Reality Fund, Mayfield, Norwest Venture Partners and 7 others
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Nigerian startup Tizeti announces $2.1m Y Combinator funding round – VentureburnVentureburn•Jun 26, 2017•Tizeti, Western Technology Investment, Social Capital, Vy Capital and 5 others
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Zeno Ventures Backs Tizeti to Bring Unlimited Wifi to AfricaVCA Online•May 22, 2017•Zeno Ventures, Tizeti