Cendana Capital is a San Francisco-based fund of funds that provides strategic capital to very early-stage venture capital funds globally. Founded in 2010, the firm has over $2.7 billion in AUM and its latest fund, Cendana 6, closed at $400 million in 2025.
Average disclosed round size is $46.1M (across 21 rounds with reported amounts).
Portfolio
21
Fund Size
—
Top Stage
Series C
Last 12 Mo
0
Team
TI
Thomas Ikeda
Principal
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
24 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Entree Capital | Seed | $300M | Jan 2025 |
 Photon Health | Seed | $9M | Aug 2024 |
 CruxOCM | Series A | — | Aug 2024 |
 Moxxie Ventures | Unknown | $95M | Jul 2024 |
 Photon Health | Series A | $16M | Jul 2024 |
 Lily AI | Series B | $20M | Mar 2024 |
 Golden Ventures | Seed | $72M | Feb 2024 |
 FarmRaise | Seed | $7.2M | Jan 2022 |
 Cyble | Series A | $10M | Jan 2022 |
 Acrylic | Unknown | $55M | Jan 2021 |
 IRP | Series B | $17M | Jan 2020 |
 IRP Systems | Series B | $17M | Jan 2020 |
 Engineering Capital | Unknown | $32M | Jan 2020 |
 Tempo Automation | Series C | — | May 2019 |
 Tempo Automation | Series C | $45M | May 2019 |
| CruxOCM | Seed | $6M | Jan 2019 |
 Wonolo | Series C | $32M | Nov 2018 |
 Arcadia Power | Series B | $25M | Aug 2018 |
 Arcadia | Series B | $25M | Aug 2018 |
| Wonolo | Series C | $32M | Jan 2018 |
| Engineering Capital | Unknown | $47.5M | Jan 2017 |
 DataSift | Series C | — | Dec 2013 |
 Founder Collective | Unknown | $95M | — |
 Cyble | Series A | $10M | — |
Top Co-Investors
BoxGroup4 shared
Bain Capital Ventures3 shared
Susa Ventures3 shared
Industry Ventures3 shared
Techstars3 shared
DAG Ventures2 shared
Base10 Partners2 shared
Sequoia Capital2 shared
Energy Impact Partners2 shared
G2 Venture Partners2 shared
Wonder Ventures2 shared
Lockheed Martin Ventures2 shared
Uncork Capital2 shared
Lux Capital2 shared
Golden Seeds2 shared
Long Journey Ventures2 shared
Ritual Capital2 shared
Headwater Ventures2 shared
Floating Point2 shared
Scrub Capital2 shared
Last updated: 20 October 2026