XN is a long-term-focused investment firm founded by Gaurav Kapadia in 2018. The firm has a flexible mandate to invest in public and private companies across all stages, making concentrated bets on a small number of companies with long holding periods.
Average disclosed round size is $591.5M (across 30 rounds with reported amounts).
Portfolio
23
Fund Size
—
Top Stage
Series C
Last 12 Mo
3
Team
A(
Alexa (Singer) Davis
Partner, Head of Investor Relations
KC
Kevin Chon
Partner
TB
Tim Brown
Partner
JN
Jeffrey Noonan
Investment Analyst at XN
JL
Jamie Li
Investor
GK
Gaurav Kapadia
Founder & CEO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
42 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Anthropic | Series H | — | May 2026 |
| AAnthropic, PBC | Series H | — | Jan 2026 |
| UUrsa Major Technologies | Series E | $100M | Nov 2025 |
| Anthropic | Series F | $13B | Sep 2025 |
 Nuro | Series E | $203M | Aug 2025 |
| Nuro | Series E | — | Apr 2025 |
 Gecko Robotics | Series D | $125M | Jan 2025 |
 Ursa Major | Series E | $150M | Jan 2025 |
 AMP | Series D | $91M | Dec 2024 |
 Sigma Computing | Series D | $200M | May 2024 |
 AMP Robotics | Series D | — | Jan 2024 |
 Arris | Growth | $34M | Jan 2024 |
| UUrsa Major Technologies | Series D | $138M | Nov 2023 |
 Ampsortation | Series C | $99M | May 2023 |
| AMP | Series C | $99M | May 2023 |
| Anthropic | Series H | $450M | Jan 2023 |
| Gecko Robotics | Series C | $73M | Mar 2022 |
| Anthropic | Series F | $204M | Jan 2022 |
| Ursa Major | Series C | $85M | Dec 2021 |
| LLacework, Inc. | Series D | — | Nov 2021 |
| Arris | Series C | $88.5M | Nov 2021 |
 Saildrone | Series C | $100M | Oct 2021 |
 Genvid | Growth | — | Jul 2021 |
 Genvid | Series C | $113M | Jul 2021 |
| GGenvid Technologies | Growth | — | Jul 2021 |
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Top Co-Investors
Coatue Management LLC11 shared
Valor Equity Partners11 shared
Baillie Gifford9 shared
Sequoia Capital9 shared
D1 Capital Partners9 shared
Congruent Ventures8 shared
Lux Capital8 shared
Altimeter Capital Management, LP8 shared
Horizons Ventures7 shared
Atreides Management7 shared
Third Point Ventures7 shared
Makers Fund7 shared
NTT DOCOMO Ventures7 shared
Cobalt Capital7 shared
OCA Ventures7 shared
Galaxy Interactive7 shared
General Catalyst7 shared
GV6 shared
Tiger Global Management, LLC6 shared
Last updated: 7 October 2026