Canaan Partners is an early-stage venture capital firm founded in 1987 that invests in technology and healthcare companies. The firm closed its 13th flagship fund, Canaan XIII, at $650 million in April 2023, bringing total capital raised across its history to over $1 billion since early 2023.
Deal activity decreased year-over-year (7 deals in the last 12 months vs 11 prior). Average disclosed round size is $40.9M (across 336 rounds with reported amounts).
Portfolio
265
Fund Size
$650M
Top Stage
Series B
Last 12 Mo
12
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
366 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Draig Therapeutics | Series B | $65M | Jul 2026 |
 Hermeus | Series C | — | Apr 2026 |
| VVima | Series A | $100M | Mar 2026 |
 RenoFi | Series B | $22M | Mar 2026 |
 Tomorrow Io | Growth | — | Feb 2026 |
 Rapidata | Seed | $8.5M | Jan 2026 |
 OpenArt | Series A | $5M | Jan 2026 |
 Mate Security | Series A | $35M | Jan 2026 |
 Vedana Therapeutics | Series A | $46M | Jan 2026 |
| VVima Therapeutics, Inc. | Unknown | $40M | Jan 2026 |
 Sumble | Series A | $38.5M | Oct 2025 |
| DDoorstep Ai | Seed | $8M | Sep 2025 |
 FieldAI | Growth | — | Aug 2025 |
 Abvance Therapeutics | Seed | — | Jun 2025 |
 ThirtyFiveBio Limited | Bridge | — | Apr 2025 |
 HeyMilo | Seed | $2.2M | Mar 2025 |
 Valid | Seed | $5.5M | Feb 2025 |
| Draig Therapeutics | Series A | $140M | Jan 2025 |
 WiseLayer | Seed | $7.2M | Jan 2025 |
 AttoTude | Series B | $50M | Jan 2025 |
| HeyMilo | Seed | $2.2M | Jan 2025 |
| VVima Therapeutics, Inc. | Series A | $60M | Jan 2025 |
 Nivoda Limited | Series B | — | Nov 2024 |
| SSafire Technology Group, Inc. | Series A | $8M | Sep 2024 |
 Halda | Series B | $126M | Aug 2024 |
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Top Co-Investors
Founders Fund14 shared
Domain Associates14 shared
Khosla Ventures13 shared
Tiger Global Management, LLC12 shared
Initialized Capital12 shared
GV12 shared
Coatue Management LLC11 shared
New Enterprise Associates11 shared
Redpoint Ventures10 shared
Boldstart Ventures9 shared
Slow Ventures9 shared
Osage University Partners9 shared
Frazier Healthcare Partners9 shared
Battery Ventures8 shared
Lightspeed Venture Partners8 shared
Accel8 shared
Y Combinator8 shared
NFX8 shared
Alexandria Venture Investments8 shared
RA Capital Management8 shared
Last updated: 9 September 2026