About Garage Technology Ventures
Garage Technology Ventures is a venture capital firm founded in 1998. It is primarily based out of Palo Alto, United States. As of Sep 2020, Garage Technology Ventures has invested in 73 companies. 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 A round of BinSentry Overall, Garage Technology Ventures portfolio has seen 1 unicorn, 3 IPOs and 30 acquisitions including key companies like Pandora, Knightscope and Vendr. A lot of funds co-invest with Garage Technology Ventures, with names like BDC sharing a substantial percentage of its portfolio. Garage Technology Ventures has team of 4 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio IPOs
Portfolio Unicorns
Garage Technology Ventures' List of Top Investments
Garage Technology Ventures has a portfolio of 73 companies, one of which is a Unicorn. Their most notable investments are in d light and BinSentry.Their portfolio spans across United States, Canada, Kenya and 5 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 23 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Garage Technology Ventures:2. Pandora
Personalized audio entertainment streaming service with music and podcast discovery. It delivers uniquely personalized music and podcast listening experiences using proprietary technology. As a leading digital audio advertising platform, it connects brands to a large ad-supported streaming audio marketplace. The service is available through its mobile app, website, and integrations with connected products. It offers a subscription based service for users to listen to music and podcasts. The platform utilizes advanced algorithms for content curation, enhancing user engagement and content discovery. This tech company provides a B2C service, focusing on delivering personalized audio content to listeners.
Key facts about Pandora
- Founded Year: 2000
- Location: Webster (United States)
- Annual Revenue: $1B+ as on Dec 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $56.1M
- Employee Count: 1,523 as on Mar 31, 2026
- Investors: JANA Partners, SeedFord Partners and 24 Others
- Latest Funding Round: Conventional Debt, Jan 05, 2018, $*****
- Highlight: Acquired
Financial services empowering individuals through investment solutions, guidance, and market analysis. The company provides premium investing solutions, free guidance, and market analysis. It offers services like stock recommendations, portfolio guidance, and financial education through articles, podcasts, and tools. The company aims to make the world smarter, happier, and richer by offering stock market news, trending news, and market research. It provides insights into various investment areas, including stocks, ETFs, AI, growth stocks, and dividend stocks. The company also offers resources on retirement planning, personal finance, credit cards, loans, and insurance. It fosters a community through discussion boards and social media platforms. The company's services include stock advisor, epic portfolios, and various educational resources to support investors in making informed decisions.
Key facts about The Motley Fool
- Founded Year: 1993
- Location: Alexandria (United States)
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 592 as on Jan 06, 2026
- Investors: Saints Capital, Garage Technology Ventures and 4 Others
- Latest Funding Round: Series B, Nov 02, 2009, $*****
- Highlight: Editors' Pick
4. Knightscope
Developer of cloud and AI-based robotic patrolling systems. It provides users with autonomous security robots and a platform that caters to parking lots and structures, shopping malls, hospitals, and corporate campuses. Its features include facial recognition, body temperature detection, physical deterrence, remote monitoring, messages broadcast, ramp-accessible, and more. It also offers software for remote monitoring and management.
Key facts about Knightscope
- Founded Year: 2013
- Location: Sunnyvale (United States)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $47.4M
- Employee Count: 110 as on Jul 31, 2026
- Investors: Bayrock, Hyperspeed and 27 Others
- Latest Funding Round: Series B, Jan 14, 2022, $*****
- Highlight: Public
5. Vendr
Provider of software pricing data and negotiation insights for buyers. It offers a platform providing pricing transparency in software procurement. The platform enables buyers to understand market prices and optimize software purchases. It analyzes software quotes, providing insights to ensure fair pricing. The platform offers tools for price estimation and comparison.
Key facts about Vendr
- Founded Year: 2018
- Location: Boston (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $216M
- Employee Count: 201 as on Jul 31, 2026
- Investors: SoftBank Vision Fund, F-Prime Capital and 15 Others
- Latest Funding Round: Series B, May 31, 2022, $*****
- Highlight: Acquired
Garage Technology Ventures' Year-on-Year Investment Trends
Garage Technology Ventures has invested in 73 companies over the last 27 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in BinSentry and most recent follow-on round was in d light.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
2017 | 2 | 0 | 2 |
Garage Technology Ventures' Investments by Stage
Garage Technology Ventures has made 14 investments in Series A stage with an average round size of $6.72M, 9 investments in Seed stage with an average round size of $1.5M and 6 investments in Series B stage with an average round size of $9.12M.Stage of entry | No. of Investments |
|---|---|
Series A | 14 |
Seed | 9 |
Series B | 6 |
Post IPO | 1 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Garage Technology Ventures' Investments by Sector
Garage Technology Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Consumer, High Tech and Vertical SaaS. Notably, it has invested in 46 Tech companies, 39 Enterprise (B2B) companies, 30 Software companies and at least 18 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 17 |
Enterprise Infrastructure | 8 |
Consumer | 7 |
High Tech | 4 |
Vertical SaaS | 4 |
Others | 33 |
Note: We have considered here, only first round of investments
Garage Technology Ventures' Investments by Geography
Garage Technology Ventures has made most investments in United States (24), followed by Canada where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 24 |
Canada | 5 |
Kenya | 2 |
Israel | 1 |
Note: We have considered here, only first round of investments
Garage Technology Ventures' recent investments
Garage Technology Ventures has not made any investment in 2026 so far.Here are the most recent investments by Garage Technology Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 10, 2020 | Canada | Series A | 6084 | ||
Oct 24, 2019 | United States | Seed | 1301 | [+4] | |
Nov 28, 2018 | United States | Series C | 5446 | [+6] | |
Apr 19, 2017 | Canada | Seed | 9060 | [+2] | |
Mar 15, 2017 | United States | Seed | 6876 | [+6] |
Unicorns in Garage Technology Ventures' Portfolio
Garage Technology Ventures has 1 unicorn in its portfolio - People.ai. The most recent unicorn in their portfolio is People.ai which became a unicorn in 2021, 5 years after Garage Technology Ventures first invested in it.Here is a list of unicorns in Garage Technology Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Developer of an AI revenue platform for sales team enablement | 2016 | San Francisco | Series D | oqzjvkz |
IPOs and Publicly Listed companies in Garage Technology Ventures' Portfolio
3 of Garage Technology Ventures' portfolio companies have become public. Knightscope got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2022 at marketcap of $193M and Pandora got listed on the Nordic and Baltic regions (NASDAQ OMX) at marketcap of $3.27B.Here are Garage Technology Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 27, 2022 | - | - | 2856 | |
Oct 08, 2010 | - | - | 1591 | |
Aug 05, 2005 | - | - | 2839 |
Acquired companies in Garage Technology Ventures' Portfolio
30 companies from Garage Technology Ventures' portfolio have been acquired. The most recent acquisition was Vendr in Jun 2026 by Vertice for $*****.Here are Garage Technology Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2026 | Oct 24, 2019 | Seed | 5425 | |
Apr 11, 2025 | Apr 17, 2006 | Series A | 1653 | |
Dec 19, 2022 | Jul 21, 2008 | Post IPO | 3108 | |
Apr 27, 2022 | Jun 23, 2008 | Series B | 6071 | |
Feb 09, 2022 | Feb 22, 2000 | Series B | 6975 |
Team profile of Garage Technology Ventures
Garage Technology Ventures has a team of 4 members including 1 Partner and 1 Venture Partner located in United States. Garage Technology Ventures' team does not sit on the board of any company as of now.Co-investors of Garage Technology Ventures
Over the past 27 years, 202 investors have co-invested in Garage Technology Ventures's portfolio companies. This includes funds and angels.
- Invested before Garage Technology Ventures: DFJ, Bases Stanford and 11 others have invested in rounds before Garage Technology Ventures. There is 1 company where DFJ has invested before Garage Technology Ventures and 1 company where Bases Stanford has invested before Garage Technology Ventures.
- Top Co-investors of Garage Technology Ventures: 95 investors entered a company along with Garage Technology Ventures. These include investors like BDC (3 companies).
- Invested after Garage Technology Ventures: A total of 94 investors have invested in Garage Technology Ventures's portfolio after their investments. Top Investors include Chapel Hill Denham (2 companies), Visa (2 companies) and OSTI (2 companies).
Recent News related to Garage Technology Ventures
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Playco raises $100 million at $1 billion valuation for instant games across platformsVentureBeat•Sep 21, 2020•Playco, Sequoia Capital, Sozo Ventures, Caffeinated Capital and 12 others
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Vendr, already profitable, raises $2M to replace your enterprise sales teamTechCrunch+•Oct 24, 2019•Vendr, F-Prime Capital, Sound Ventures, Liquid 2 Ventures and 1 other
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Diamond Raises $2 million+ to Revolutionize Personal Data ManagementPR Newswire•Mar 15, 2017•Diamond, Sway Ventures, Garage Technology Ventures, OVO Fund and 5 others
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Cleantech firm D.Light raises $10.5 mn from Norfund, othersVCCircle•Jan 18, 2017•d light, Norfund, , Shell Foundation and 6 others
