PagerDuty (NYSE: PD) is a public enterprise software company providing an AI-first operations management platform for incident response and digital operations. As a corporate investor, it has made strategic investments in companies including Arize AI and CalmWave, focusing on digital operations, incident response, and enterprise workflow automation.
38% of their portfolio is in AI. Average disclosed round size is $34.2M (across 8 rounds with reported amounts).
Portfolio
7
Fund Size
—
Top Stage
Series C
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Echelon AI | Seed | $4.8M | Oct 2025 |
 Arize AI, Inc. | Series C | $70M | Feb 2025 |
 Retool | Series C | $20M | Jul 2022 |
 Front | Series D | $65M | Jul 2022 |
 Solv | Series C | $45M | May 2022 |
| Arize AI, Inc. | Series B | $19M | Jan 2022 |
| EEmbrace Mobile, Inc. | Series B | $45M | Jan 2021 |
 Calmwave | Seed | $5.3M | — |
Top Co-Investors
Battery Ventures3 shared
TCV2 shared
Foundation Capital2 shared
Swift Ventures2 shared
Industry Ventures2 shared
M122 shared
Adams Street Partners2 shared
SineWave Ventures2 shared
OMERS Ventures2 shared
Datadog2 shared
Y Combinator2 shared
Benchmark1 shared
CapitalG1 shared
Acrew Capital1 shared
Greylock Partners1 shared
Upfront Ventures1 shared
Wonder Ventures1 shared
Archer Venture Capital1 shared
Salesforce Ventures1 shared
Tau Ventures1 shared
Last updated: 20 October 2026