Industry Ventures
San Francisco, California, United StatesFounded 2000
Founded in 2000, Industry Ventures is a venture capital and growth firm headquartered in San Francisco that provides flexible capital solutions across the venture life cycle, including seed and early-stage investing, late-stage secondaries, and tech buyouts. The firm's latest fund is the $900 million early-stage hybrid fund raised in 2024, and the firm manages over $8 billion in total committed capital. As of January 2026, Industry Ventures is part of Goldman Sachs' External Investing Group (XIG).
Deal activity decreased year-over-year (6 deals in the last 12 months vs 12 prior). Average disclosed round size is $51.8M (across 138 rounds with reported amounts).
Portfolio
117
Fund Size
$900M
Top Stage
Series B
Last 12 Mo
6
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
154 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Hubbl Technologies | Series A | $6M | Feb 2026 |
 VulcanForms | Series D | $220M | Jan 2026 |
 Savvy Wealth | Series C | $100M | Jan 2026 |
 Savvy | Series C | $100M | Jan 2026 |
 Feroot | Series A | $14M | Nov 2025 |
 d-Matrix | Series C | $275M | Nov 2025 |
 Cardless | Series C | — | Sep 2025 |
 LightSpun | Series A | — | Sep 2025 |
 Topline Pro | Series B | $27M | Aug 2025 |
 Topline Pro | Series B | $27M | Aug 2025 |
 Isaac Health | Series A | $10.5M | Aug 2025 |
| Savvy Wealth | Series B | $72M | Jul 2025 |
 Forethought | Series D | $25M | May 2025 |
 Cyberhaven | Series D | $100M | Apr 2025 |
 Mendel.ai | Series B | $35M | Mar 2025 |
 Arize AI, Inc. | Series C | $70M | Feb 2025 |
 Clutch | Series D | — | Feb 2025 |
 Clutch | Series D | — | Feb 2025 |
 Clutch | Series D | — | Feb 2025 |
| Isaac Health | Series A | $10.5M | Jan 2025 |
 Mendel | Series B | $35M | Jan 2025 |
 Isaac Health | Series A | $10.5M | Jan 2025 |
| Topline Pro | Series B | $27M | Jan 2025 |
 Elvex | Seed | — | Dec 2024 |
| Cardless | Series B | $30M | Nov 2024 |
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Top Co-Investors
Scale Venture Partners11 shared
Y Combinator10 shared
General Catalyst8 shared
Lightspeed Venture Partners8 shared
Insight Partners8 shared
Headline8 shared
Battery Ventures7 shared
Bonfire Ventures7 shared
Lux Capital6 shared
Greycroft6 shared
Techstars6 shared
Root Ventures6 shared
Spark Capital6 shared
Salesforce Ventures6 shared
Icon Ventures5 shared
Canaan Partners5 shared
DCVC5 shared
AME Cloud Ventures5 shared
Felicis5 shared
Bling Capital5 shared
Last updated: 7 October 2026