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About CRV
CRV is a venture capital firm founded in 1970. It is primarily based out of Palo Alto, United States. As of May 2026, CRV is an active investor, having invested in 401 companies, with 17 new investments 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 High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series D round of Mercury Overall, CRV portfolio has seen 23 unicorns, 12 IPOs and 171 acquisitions including key companies like DoorDash, HubSpot and Zendesk. A lot of funds co-invest with CRV, with names like SV Angel sharing a substantial percentage of its portfolio. CRV has team of 38 people including 10 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 8 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
CRV's List of Top Investments
CRV has a portfolio of 401 companies, including 23 unicorns. Their most notable investments are in Valinor and Wonderment.Their portfolio spans across United States, Israel, Canada and 12 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 32 other sectors, across stages such as Series A, Seed and 8 more. Here is the list of top investments by CRV:1. DoorDash
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $13.7B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,104 as on Apr 30, 2026
- Investors: Fidelity Investments, Galtymore Partners and 55 Others
- Latest Funding Round: Series H, Jun 18, 2020, $*****
- Highlight: Public
2. HubSpot
Provider of a platform offering marketing, sales, and customer service software. The platform provides tools for marketing automation, sales management, and customer support. It offers an CRM as its core, integrating various hubs such as Marketing Hub, Sales Hub, Service Hub, CMS Hub, Operations Hub, and Commerce Hub, each providing specialized tools to enhance different aspects of customer management and business operations. Key features include a robust CRM supporting contact and deal management, email tracking, marketing email creation, and meeting scheduling.
Key facts about HubSpot
- Founded Year: 2005
- Location: Cambridge (United States)
- Annual Revenue: $3.13B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $101M
- Employee Count: 12,150 as on Apr 30, 2026
- Investors: Fidelity Investments, Cross Creek and 22 Others
- Latest Funding Round: Post IPO, Jun 02, 2020, $*****
- Highlight: Public
3. Zendesk
Cloud based customer service and engagement platform for businesses. The platform integrates with the helpdesk backend systems and streamlines customer support with ticket views, triggers, and automation using products such as help center, insight, and analytics. It provides self-service solutions by leveraging a knowledge base and community forums.
Key facts about Zendesk
- Founded Year: 2007
- Location: San Francisco (United States)
- Annual Revenue: $1.34B as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $89.1M
- Employee Count: 7,088 as on Apr 30, 2026
- Investors: Veyo Partners, Goldman Sachs and 21 Others
- Latest Funding Round: Post IPO, Jun 12, 2020, $*****
- Highlight: Acquired
4. 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: $245M as on Dec 31, 2022
- Stage: Public
- Total Funding till date: $765M
- Employee Count: 959 as on Apr 30, 2026
- Investors: Glynn Capital, Fidelity Investments and 60 Others
- Latest Funding Round: Series D, Aug 04, 2021, $*****
- Highlight: Public
5. Mercury
Provider of business banking, cards, expense management, and payment solutions. The company offers checking and savings accounts, credit cards, and tools for managing expenses. It facilitates payments, invoicing, and accounting automation. Treasury services provide options for earning yield with high-liquidity portfolios.
Key facts about Mercury
- Founded Year: 2017
- Location: San Francisco (United States)
- Annual Revenue: $2.71M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $546M
- Employee Count: 1,582 as on Apr 30, 2026
- Investors: TCV, Harmony Venture Partners and 74 Others
- Latest Funding Round: Series D, May 08, 2026, $*****
- Highlight: Editors' Pick
CRV's Year-on-Year Investment Trends
CRV has invested in 401 companies over the last 28 years, with an average of 16 new investments annually in the last 10 years. In 2025, it made 31 investments, while as of May 2026, it has made 12 investments in this year. Its most recent first time investment was in Joyful Health and most recent follow-on round was in Mercury.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 4 | 12 |
2025 | 15 | 16 | 31 |
2024 | 13 | 11 | 24 |
2023 | 8 | 5 | 13 |
2022 | 29 | 19 | 48 |
2021 | 23 | 28 | 51 |
2020 | 16 | 14 | 30 |
2019 | 15 | 19 | 34 |
2018 | 16 | 12 | 28 |
2017 | 14 | 13 | 27 |
CRV's Investments by Stage
CRV has made 160 investments in Series A stage with an average round size of $15.3M, 120 investments in Seed stage with an average round size of $8.93M and 67 investments in Series B stage with an average round size of $30M.Stage of entry | No. of Investments |
|---|---|
Series A | 160 |
Seed | 120 |
Series B | 67 |
Series C | 20 |
Series D | 4 |
Others | 8 |
Note: We have considered here, only first round of investments
CRV's Investments by Sector
CRV has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Consumer, High Tech and FinTech. Notably, it has invested in 366 Tech companies, 283 Enterprise (B2B) companies, 259 Software companies and at least 149 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 216 |
Enterprise Infrastructure | 87 |
Consumer | 67 |
High Tech | 61 |
FinTech | 42 |
Others | 329 |
Note: We have considered here, only first round of investments
CRV's Investments by Geography
CRV has made most investments in United States (343), followed by Israel where it has made 10 investments.Country | No. of Investments |
|---|---|
United States | 343 |
Israel | 10 |
Canada | 8 |
United Kingdom | 5 |
France | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
CRV's recent investments
CRV has made 12 investments in 2026 so far. Mercury and Joyful Health are the latest among them.Here are the most recent investments by CRV:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 08, 2026 | United States | Series D | 6351 | [+5] | |
Apr 16, 2026 | United States | Series A | 3996 | [+3] | |
Mar 25, 2026 | United States | Series A | 8979 | [+1] | |
Mar 17, 2026 | United States | Seed | 8935 | ||
Mar 12, 2026 | United States | Series A | 6370 | [+1] |
Unicorns in CRV's Portfolio
CRV has 23 unicorns in its portfolio - ReflectionAI, Apex, 24m Technologies and others. The most recent unicorn in their portfolio is ReflectionAI. It became a unicorn in 2025.Here is a list of unicorns in CRV's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Developer of autonomous coding systems | 2025 | New York City | Series B | ihjzjys | ||
66 | Manufacturer of configurable satellite platforms designed for various mission requirements | 2022 | Los Angeles | Series D | rbhwbqr | ||
69 | Developer of battery technology for electric vehicles and energy storage | 2010 | Cambridge | Series H | jspobca | ||
66 | Developer of artificial intelligence to control robots for physical tasks | 2023 | Pittsburgh | Series C | fgjhjac | ||
71 | Data security company specializing in AI-native data security posture management and data loss prevention solutions | 2020 | New York City | Series F | jayqewa |
IPOs and Publicly Listed companies in CRV's Portfolio
12 of CRV's portfolio companies have become public. Kodiak Robotics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2025 and Bird got listed on the New York Stock Exchange (NYSE).Here are CRV's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 25, 2025 | Aug 07, 2018 | Series A | 6806 | |
Nov 05, 2021 | Jun 28, 2018 | Series C | 8966 | |
Apr 16, 2021 | Oct 03, 2017 | Series B | 9930 | |
Dec 09, 2020 | May 22, 2014 | Series A | 7278 | |
Sep 26, 2019 | Jun 08, 2010 | Series D | 5606 |
Acquired companies in CRV's Portfolio
171 companies from CRV's portfolio have been acquired. The most recent acquisition was Talon One in Apr 2026 by Adyen for $*****.Here are CRV's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 24, 2026 | Jul 02, 2025 | Series B | 5996 | |
Apr 14, 2026 | Feb 17, 2022 | Seed | 4749 | |
Mar 02, 2026 | Jan 31, 2023 | Series A | 3526 | |
Feb 25, 2026 | May 08, 2012 | Series B | 5709 | |
Jan 05, 2026 | Jul 28, 2021 | Series A | 4593 |
Team profile of CRV
CRV has a team of 38 members including 10 Partners, 5 Venture Partners and 6 Principals located in United States. CRV's team sits on the board of 5 companies.Here is a list of top team members in CRV:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Boston | - | - | |
Partner | San Francisco | - | ||
Partner | Boston | - | - | |
Partner | Boston | - | ||
Partner | New York City | - | - | |
Partner | Boston | - | - | |
Partner | San Francisco | - | - | |
Partner | United States | - | - |
Co-investors of CRV
Over the past 28 years, 1988 investors have co-invested in CRV's portfolio companies. This includes funds and angels.
- Invested before CRV: Y Combinator, Andreessen Horowitz and 389 others have invested in rounds before CRV. There are 26 companies where Y Combinator has invested before CRV and 9 companies where Andreessen Horowitz has invested before CRV.
- Top Co-investors of CRV: 760 investors entered a company along with CRV. These include investors like SV Angel (27 companies).
- Invested after CRV: A total of 837 investors have invested in CRV's portfolio after their investments. Top Investors include SVB (12 companies), Tiger Global Management (12 companies) and Index Ventures (10 companies).
Recent News related to CRV
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Mercury valued at $5.2 billion in Series D funding roundTeleborsa•May 20, 2026•TCV, Mercury, Sequoia Capital, Coatue and 4 others
•
Joyful Health Raises $17M in Series A FundingFinSMEs•Apr 16, 2026•Joyful Health, Inflect, XYZ Venture Capital, Designer Fund and 2 others
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Thesis Care Announces $45 Million Series A FundingMassinvestor•Mar 25, 2026•Black Opal Ventures, Oak HC/FT, CRV, Black Ore and 8 others
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Standard Template Labs Raises $49M in Seed FundingSiliconAngle•Mar 17, 2026•Iconiq Capital, CRV, Stlabs
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Scanner raises $22M to scale security data platformVentureburn•Mar 12, 2026•Scanner, Sequoia Capital, Mantis VC, CRV and 1 other
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Encord Secures $60M Series C Funding RoundMassinvestor•Feb 27, 2026•Encord, Wellington, Y Combinator, Bright Pixel Capital and 11 others
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Vega Security Raises $120 Million to Expand Cybersecurity SolutionPYMNTS.com•Feb 11, 2026•Vega, Accel, Cyberstarts, CRV and 2 others
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Lotus Health AI Raises $35M to Make Doctor Visits FreeHIT Consultant•Feb 05, 2026•Kleiner Perkins, CRV, Lotus AI
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Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO NadellaCNBC•Jan 28, 2026•Outtake, Iconiq Capital, S32, CRV and 7 others
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Fulcrum Raises $25M Seed and Series AMassinvestor•Jan 27, 2026•Fulcrum, South Park Commons, Foundation Capital, CRV and 1 other
