Venture capital firm
CRV portfolio
crv.comCRV is a venture capital firm based in San Francisco, United States, founded in 1970. It has invested in 177 venture-backed companies across 280 funding rounds on VCMC, and led 82 of those rounds. 31 of them were in the last 12 months.
177
Venture-backed companies
in its portfolio on VCMC
280
Funding rounds
led 82
31
Last 12 months
rounds, Oct 2025 to Sep 2026
51
With a disclosed valuation
of 177 companies
$158.8B
Combined value of its private companies
the whole companies, not what CRV owns
159 private companies CRV has backed have a VCMC valuation; together they are worth $158.8B. That is the value of the whole companies, not what CRV owns. Skild AI is 15% of the total. 18 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
CRV's most valuable portfolio companies
The 10 most valuable private companies CRV has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Skild AI Software Development Services, Pittsburgh $23.2B range $12.2B – $31.0B Joined at Seed, 2023
- 2 ClickHouse Tech Companies, Redwood City $19.9B range $13.0B – $25.0B Joined at Series A, 2021
- 3 Vercel Hosting & Cloud Infrastructure Providers, Covina $12.8B range $8.2B – $14.7B Led at Series A, 2020
- 4 Reflection AI Tech Companies, Varese $8.8B range $6.8B – $10.1B Led at Series A, 2025
- 5 TerraPower Renewable energy companies, Bellevue $8.3B range $4.4B – $12.7B Led at Series B, 2010
- 6 Arctic Wolf Tech Companies, Eden Prairie $6.0B range $490M – $7.9B Joined at Series D, 2020
- 7 Mercury Banks & ATMs, San Francisco $5.9B range $4.5B – $7.9B Led at Series A, 2019
- 8 Cribl Tech Companies, San Francisco $5.1B range $2.6B – $5.8B Joined at Series B, 2020
- 9 Postman Tech Companies, San Francisco $5.1B range $731M – $7.6B Led at Series B, 2019
- 10 Patreon Tech Companies $4.3B range $644M – $6.5B Joined at Series A, 2014
Portfolio
Full CRV portfolio (177 companies)
177 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Reflection AI Tech Companies · led at Series A, 2025 | Growth Equity Oct 2025 $2.00B | $8.8B | $6.8B – $10.1B | $8.8B (0%) | $863M | 0% | 1 | unknown | A | |
| 2 | Skild AI Software Development Services · since Seed, 2023 | Series C Jan 2026 $1.40B | $23.2B | $12.2B – $31.0B | $26.9B (+16%) | $3.0B | 0% | 178 | growing | B | |
| 3 | TerraPower Renewable energy companies · led at Series B, 2010 | Growth Equity Jun 2025 $650M | $8.3B | $4.4B – $12.7B | $8.3B (0%) | $748M | 0% | 1,077 | up | B | |
| 4 | Arctic Wolf Tech Companies · since Series D, 2020 | Debt Oct 2022 $401M | $6.0B | $490M – $7.9B | $5.7B (-5%) | $935M | 0% | 3,285 | flat | D | |
| 5 | Vercel Hosting & Cloud Infrastructure Providers · led at Series A, 2020 | Series F Sep 2025 $300M | $12.8B | $8.2B – $14.7B | $12.8B (0%) | $1.4B | 0% | 1,026 | growing | A | |
| 6 | ClickHouse Tech Companies · since Series A, 2021 | Series D Jan 2026 $400M | $19.9B | $13.0B – $25.0B | $21.7B (+9%) | $2.4B | 0% | 577 | growing | B | |
| 7 | Mercury Banks & ATMs · led at Series A, 2019 | Series D May 2026 $200M | $5.9B | $4.5B – $7.9B | $6.9B (+18%) | $760M | 0% | 1,785 | growing | A | |
| 8 | Apex Aerospace and Defence · led at Series B, 2024 | Growth Equity Jun 2026 $200M | $2.4B | $2.0B – $3.1B | $2.7B (+10%) | $243M | 0% | 455 | growing | A | |
| 9 | Cribl Tech Companies · since Series B, 2020 | Series E Aug 2024 $319M | $5.1B | $2.6B – $5.8B | $4.4B (-13%) | $559M | 0% | 1,291 | up | B | |
| 10 | Factorial Tech Companies · led at Series A, 2020 | Series D Sep 2026 $150M | $2.6B | $2.2B – $3.7B | $3.3B (+26%) | $390M | 0% | 2,970 | growing | A | |
| 11 | Postman Tech Companies · led at Series B, 2019 | Series D Aug 2021 $225M | $5.1B | $731M – $7.6B | $4.9B (-4%) | $801M | 0% | 3,571 | up | D | |
| 12 | Gupshup Software Development Services · since Series D, 2010 | Growth Equity Jul 2025 $60M | $509M | $312M – $855M | $344M (-32%) | $63.1M | 97% | 940 | down | B | |
| 13 | Patreon Tech Companies · since Series A, 2014 | Series F Aug 2021 $155M | $4.3B | $644M – $6.5B | $4.0B (-5%) | $710M | 0% | 1,228 | up | D | |
| 14 | Quantive Tech Companies · since Series C, 2021 | Series C Dec 2021 $120M | $248M | $71.7M – $2.1B | $247M (0%) | $156M | 97% | 72 | down | D | |
| 15 | Unbabel Translation Services · since Series B, 2018 | Series C Sep 2019 $60M | $112M | $31.5M – $525M | $112M (0%) | $65.7M | 80% | 658 | down | D | |
| 16 | Tech Companies · led at Series A, 2016 | Series E Jun 2021 $200M | $1.8B | $165M – $3.1B | $1.7B (-6%) | $355M | 7% | 876 | flat | D | |
| 17 | Tech Companies · since Seed, 2011 | Series E Nov 2024 $175M | $2.9B | $1.7B – $3.3B | $2.9B (0%) | $318M | 0% | 1,055 | up | B | |
| 18 | Tech Companies · since Series B, 2019 | Series D Apr 2022 $100M | $1.1B | $110M – $1.6B | $1.0B (-7%) | $176M | 5% | 327 | flat | D | |
| 19 | Tech Companies · since Seed, 2011 | Series D Mar 2022 $150M | $865M | $113M – $1.7B | $790M (-9%) | $180M | 24% | 338 | flat | D | |
| 20 | Tech Companies · since Series B, 2022 | Series D Oct 2024 $190M | $3.4B | $1.8B – $3.9B | $3.0B (-10%) | $369M | 0% | 1,243 | up | B | |
| 21 | Tech Companies · led at Series A, 2024 | Series C Aug 2026 $143M | $1.6B | $1.3B – $2.2B | $1.9B (+23%) | $215M | 0% | 308 | growing | A | |
| 22 | Tech Companies · led at Series B, 2020 | Debt Nov 2024 $35M | $667M | $55.3M – $903M | $640M (-4%) | $107M | 0% | 224 | flat | D | |
| 23 | Tech Companies · since Series C, 2021 | Series D Aug 2023 $100M | $1.4B | $206M – $2.5B | $1.3B (-7%) | $194M | 0% | 294 | flat | D | |
| 24 | Tech Companies · since Series A, 2019 | Series C Feb 2022 $110M | $120M | $71.4M – $376M | $111M (-8%) | $118M | 97% | 41 | shrinking | C | |
| 25 | Tech Companies · since Seed, 2025 | Series A Dec 2025 $130M | $1.3B | $609M – $1.6B | $1.4B (+8%) | $200M | 0% | 160 | growing | B | |
| 26 | Tech Companies · since Series B, 2024 | Series C Feb 2026 $60M | $685M | $478M – $883M | $768M (+12%) | $92.0M | 0% | 221 | growing | B | |
| 27 | Tech Companies · since Series C, 2025 | Series C Oct 2025 $50M | $577M | $312M – $818M | $577M (0%) | $63.4M | 0% | 208 | up | B | |
| 28 | Tech Companies · since Series A, 2018 | Series C Nov 2021 $40M | $273M | $24.0M – $674M | $260M (-5%) | $56.6M | 23% | 107 | flat | D | |
| 29 | Tech Companies · since Series A, 2013 | Acquisition Mar 2019 $300M | $413M acquired 2019 | $251M – $658M | – | – | 0% | – | unknown | B | |
| 30 | Tech Companies · led at Series A, 2026 | Series A Sep 2026 $50M | $272M | $181M – $655M | $462M (+70%) | $64.7M | 0% | 16 | growing | C | |
| 31 | Tech Companies · led at Series B, 2025 | Series B Nov 2025 $40M | $436M | $211M – $636M | $448M (+3%) | $49.3M | 0% | 104 | growing | B | |
| 32 | Tech Companies · since Series A, 2022 | Series B Apr 2025 $30M | $312M | $119M – $457M | $297M (-5%) | $37.0M | 15% | 165 | flat | C | |
| 33 | Tech Companies · since Series A, 2020 | Series B Aug 2021 $48M | $258M | $23.3M – $460M | $242M (-6%) | $43.9M | 11% | 278 | up | D | |
| 34 | Tech Companies · led at Series A, 2025 | Series B Jan 2026 $40M | $342M | $179M – $540M | $381M (+11%) | $41.9M | 0% | 28 | unknown | B | |
| 35 | Tech Companies · led at Series B, 2024 | Series B Jul 2024 $50M | $216M | $73.9M – $447M | $185M (-15%) | $37.6M | 59% | 234 | down | C | |
| 36 | Tech Companies · led at Seed, 2022 | Series B Jun 2025 $27M | $307M | $131M – $467M | $307M (0%) | $33.7M | 0% | 90 | up | C | |
| 37 | Tech Companies · led at Series B, 2017 | Series C Mar 2019 $37M | $315M | $17.1M – $563M | $315M (0%) | $43.6M | 0% | 49 | unknown | D | |
| 38 | Tech Companies · since Series B, 2025 | Series B May 2025 $50M | $627M | $292M – $955M | $627M (0%) | $69.0M | 0% | 127 | growing | B | |
| 39 | Tech Companies · led at Series A, 2025 | Series B Dec 2025 $35M | $355M | $141M – $552M | $372M (+5%) | $32.9M | 0% | 424 | growing | C | |
| 40 | Tech Companies · led at Series B, 2022 | Series B Jun 2022 $31M | $61.0M | $18.9M – $271M | $49.4M (-19%) | $32.8M | 83% | 83 | down | D | |
| 41 | Tech Companies · led at Series B, 2006 | Series L+ Jul 2010 $7.5M | $263M | $6.16M – $737M | $263M (0%) | $13.4M | 0% | 1,532 | flat | D | |
| 42 | Tech Companies · led at Seed, 2024 | Series A Jun 2025 $30M | $364M | $151M – $517M | $364M (0%) | $51.0M | 0% | 61 | growing | C | |
| 43 | Tech Companies · since Series B, 2025 | Series B Jun 2025 $40M | $450M | $274M – $518M | $450M (0%) | $49.5M | 0% | 84 | growing | B | |
| 44 | Tech Companies · led at Seed, 2025 | Series A Jun 2025 $30M | $268M | $86.0M – $381M | $268M (0%) | $37.6M | 0% | 2 | unknown | C | |
| 45 | Tech Companies · led at Series B, 2023 | Series B Sep 2023 $40M | $170M | $53.5M – $628M | $114M (-33%) | $49.3M | 76% | 86 | down | D | |
| 46 | Tech Companies · since Seed, 2019 | Other Sep 2025 $10M | $43.3M | $3.07M – $153M | $42.2M (-3%) | $16.8M | 42% | 59 | flat | D | |
| 47 | Tech Companies · led at Series B, 2022 | Series B Feb 2022 $25M | $82.4M | $12.7M – $293M | $79.2M (-4%) | $27.3M | 61% | 94 | down | D | |
| 48 | Tech Companies · led at Series A, 2021 | Series B Jul 2024 $20M | $227M | $47.5M – $345M | $161M (-29%) | $25.0M | 0% | 48 | flat | C | |
| 49 | Tech Companies · since Series B, 2017 | Acquisition Feb 2024 | $742M acquired 2024 | $398M – $1.3B | – | – | 71% | 590 | down | C | |
| 50 | Tech Companies · since Series B, 2026 | Series B Aug 2026 $30M | $231M | $141M – $489M | $321M (+39%) | $35.4M | 0% | 98 | growing | C |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How CRV invests: stages, industries and countries
Most of its rounds are Series C and later (29%). Its companies span 35 industries, most in Tech Companies, Software Development Services and Hosting & Cloud Infrastructure Providers, across 14 countries.
Rounds by stage
- Seed 46
- Series A 80
- Series B 73
- Series C and later 81
Investments by industry
- Tech Companies 125
- Software Development Services 10
- Hosting & Cloud Infrastructure Providers 3
- Pharmaceutical Products 3
- Banks & ATMs 2
- Biotechnology 2
- Financial Services 2
- Food Production 2
Investments by country
- United States 156
- Israel 6
- Canada 3
- United Kingdom 2
- Argentina 1
- France 1
Recent rounds
CRV's latest investments
CRV's most recent funding rounds, newest first. 31 rounds in the last 12 months.
- Series A, led $50M 18 Sep 2026
- Growth $140M 25 Aug 2026
- Growth $140M 25 Aug 2026
- Series B $30M 19 Aug 2026
- Series C $143M 12 Aug 2026
- Series A, led $27M 14 Jul 2026
- Mercury Series D $200M 20 May 2026
- Seed $3.0M 21 Apr 2026
- Series C $50M 24 Mar 2026
- Series A $22M 11 Mar 2026
Co-investors
CRV's top co-investors
The investors that most often join the same rounds as CRV. Y Combinator leads, with 27 rounds together.
- Y Combinator 27 rounds together
- Index Ventures 25 rounds together
- Andreessen Horowitz 25 rounds together
- Sequoia Capital 24 rounds together
- Accel 17 rounds together
- Lightspeed Venture Partners 16 rounds together
- General Catalyst 15 rounds together
- GV 15 rounds together
- 14 rounds together
- Coatue 14 rounds together
About
About CRV
CRV is an American venture capital firm engaged in early-stage investments in technology, enterprise, consumer, and AI sectors. The company provides seed and Series A funding to startups and operates primarily in the United States.
Description from Veridion's company data.
- Founded
- 1970
- Based in
- San Francisco, United States
- Team
- 87 people, +4% in a year
- Type
- Venture capital firm
Focus markets
- Technology
- Enterprise
- Consumer
What CRV offers
- Venture Capital Investment Services
- Early-Stage Startup Funding
- Enterprise Technology Startup Investment
- Consumer Technology Startup Investment
- AI Industry Startup Investment
- Seed Funding Services
- Series A Funding Services
- Startup Leadership Evaluation Services
Questions
CRV: frequently asked questions
How many companies has CRV invested in?
177 venture-backed companies on VCMC, across 280 funding rounds.
What are CRV's most valuable private companies?
Skild AI ($23.2B), ClickHouse ($19.9B), Vercel ($12.8B), by VCMC's valuation.
What was CRV's latest investment?
Raindrop, a Series A round in Sep 2026 of $50M, which CRV led.
Which stages does CRV invest in?
CRV invests most often at Series C and later (81 rounds), followed by Series A (80) and Series B (73). It has also joined 46 seed rounds.
What is CRV's portfolio worth?
Its private companies with a VCMC valuation are worth $158.8B together. That is the sum of the companies' values, not what CRV owns.
Who does CRV invest alongside?
Y Combinator (27 rounds), Index Ventures (25 rounds), Andreessen Horowitz (25 rounds).