IBM Ventures focuses on strategic investments in startups and companies that align with IBM's core technologies and strategic priorities, such as AI, hybrid cloud, data, and quantum computing. Its strategy is to foster partnerships, integrate solutions, and expand the IBM ecosystem, often with an eye towards future collaboration or acquisition.
36% of their portfolio is in Cybersecurity. Average disclosed round size is $145.9M (across 20 rounds with reported amounts).
Portfolio
25
Fund Size
$500M
Top Stage
Series A
Last 12 Mo
5
Team
EF
Emily Fontaine
Investment Manager
TW
Tom Whiteaker
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
25 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Anima | Unknown | — | Feb 2026 |
| OOrion Security | Series A | $32M | Feb 2026 |
| QQedma | Series A | $26M | Jul 2025 |
 Ox Security | Series B | $60M | May 2025 |
| AAuthMind | Seed | $19.3M | Apr 2025 |
 Ceramic.ai | Seed | $12M | Mar 2025 |
 Writer | Series C | $200M | Nov 2024 |
 Reality Defender | Series A | $33M | Oct 2024 |
 Rohirrim | Unknown | — | Jul 2024 |
 Mistral AI | Series B | $640M | Jun 2024 |
| MMistral | Series B | $600M | Jun 2024 |
 Synthetaic | Series B | $15M | Feb 2024 |
| GGem Security | Series A | $23M | Sep 2023 |
 HiddenLayer | Series C | $50M | Sep 2023 |
| AAuthMind | Seed | $8.5M | Sep 2023 |
 Hugging Face | Series D | $235M | Aug 2023 |
 NetBox Labs | Series A | $20M | Apr 2023 |
 Cyolo | Unknown | — | Oct 2022 |
 SingleStore | Series F | $116M | Jul 2022 |
 Quantinuum | Unknown | — | Feb 2022 |
 Copado | Series C | $140M | Sep 2021 |
 IFTTT | Series C | $24M | Apr 2018 |
| IFTTT | Series B | $24M | Apr 2018 |
| Mistral AI | Growth | $640M | — |
| HiddenLayer | Unknown | — | — |
Top Co-Investors
Salesforce9 shared
Andreessen Horowitz4 shared
Nvidia4 shared
Sanabil Investments3 shared
Insight Partners3 shared
General Catalyst3 shared
Lightspeed Venture Partners3 shared
Headline3 shared
SV Angel3 shared
BNP Paribas3 shared
Bpifrance3 shared
Cisco Investments3 shared
Hanwha3 shared
Korelya Capital3 shared
ServiceNow3 shared
M12 (Microsoft)3 shared
Accenture2 shared
GV (Google Ventures)2 shared
NEA (New Enterprise Associates)2 shared
Norwest Venture Partners2 shared
Last updated: 15 April 2026