Twilio Ventures is the corporate venture capital arm of Twilio, launched in 2021 with a $50 million fund to invest in companies building solutions for developers and the customer engagement ecosystem. It typically participates in Series A and B rounds of startups building on or adjacent to the Twilio platform.
Deal activity increased 100% year-over-year (2 deals in the last 12 months). Average disclosed round size is $106.7M (across 23 rounds with reported amounts).
Portfolio
21
Fund Size
$50M
Top Stage
Series A
Last 12 Mo
2
Team
BL
Brandon Leen
Head of Direct Investing (Twilio Ventures)
JJ
Joel Just
Corporate Development & Ventures
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
27 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Coval | Series A | $28M | Jun 2026 |
 Deepgram | Series C | $130M | Jan 2026 |
 Qminder | Seed | $3.3M | Nov 2024 |
 Frame | Seed | — | Nov 2022 |
 PolyAI | Series B | $40M | Sep 2022 |
 Courier | Series B | $35M | Jun 2022 |
 Postscript | Series C | $65M | Jun 2022 |
 Doppler | Series A | $20M | Apr 2022 |
| SSyniverse Technologies | Unknown | $500M | Jan 2022 |
 Treble.ai | Series A | $15M | Jan 2022 |
 Paradox | Series C | $200M | Dec 2021 |
 Paradox | Series C | $200M | Dec 2021 |
 Calixa | Series A | $12M | Nov 2021 |
 Algolia | Series D | $150M | Jul 2021 |
 Terazo | Unknown | — | May 2021 |
 Hyro | Series A | $10.5M | May 2021 |
| SSyniverse Technologies | Unknown | $750M | Jan 2021 |
 PolyAI | Series B | $40M | Jan 2021 |
| Calixa | Series A | $12M | Jan 2021 |
| Paradox | Pre-Seed | — | Jan 2021 |
| Paradox | Growth | $200M | Jan 2021 |
 Checkly | Seed | $2.3M | Apr 2020 |
| EEdovo | Seed | $250K | Feb 2018 |
 Rime Labs | Series A | $24M | — |
| FFrame Technology, Inc. | Unknown | $7.6M | — |
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Top Co-Investors
Y Combinator7 shared
Stripes5 shared
Thoma Bravo5 shared
Workday Ventures5 shared
Sapphire Ventures5 shared
Brighton Park Capital4 shared
Willoughby Capital4 shared
Blue Cloud Ventures4 shared
Salesforce Ventures3 shared
Speedinvest3 shared
Amadeus Capital Partners2 shared
Khosla Ventures2 shared
Georgian Partners2 shared
Alumni Ventures2 shared
Tiger Global Management, LLC2 shared
Kleiner Perkins2 shared
The Slack Fund2 shared
GV2 shared
Matrix Partners2 shared
Bessemer Venture Partners2 shared
Last updated: 20 October 2026