Venture capital firm
Felicis portfolio
felicis.comFelicis is a venture capital firm based in Menlo Park, United States, founded in 2006. It has invested in 237 venture-backed companies across 336 funding rounds on VCMC, and led 101 of those rounds. 46 of them were in the last 12 months.
237
Venture-backed companies
in its portfolio on VCMC
336
Funding rounds
led 101
46
Last 12 months
rounds, Oct 2025 to Sep 2026
61
With a disclosed valuation
of 237 companies
$278.9B
Combined value of its private companies
the whole companies, not what Felicis owns
221 private companies Felicis has backed have a VCMC valuation; together they are worth $278.9B. That is the value of the whole companies, not what Felicis owns. Canva is 14% of the total. 16 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
Felicis' most valuable portfolio companies
The 10 most valuable private companies Felicis has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Canva Tech Companies, Surry Hills $37.7B range $15.4B – $73.7B Led at Series A, 2015
- 2 Crusoe Hosting & Cloud Infrastructure Providers, Denver $31.7B range $26.9B – $46.2B Joined at Series C, 2022
- 3 Skild AI Software Development Services, Pittsburgh $23.2B range $12.2B – $31.0B Joined at Seed, 2023
- 4 Polymarket Cryptocurrency, New York $21.4B range $18.3B – $26.6B Joined at Seed, 2020
- 5 Mercor Employment Agencies & HR Consulting, San Francisco $18.4B range $8.7B – $21.3B Led at Series B, 2025
- 6 Supabase Tech Companies, Singapore $11.9B range $9.1B – $16.6B Led at Series B, 2022
- 7 Zipline Airline Companies, South San Francisco $8.9B range $6.6B – $11.4B Joined at Series A, 2012
- 8 Plaid Payment Processing & Point of Sale, San Francisco $8.5B range $5.7B – $10.2B Joined at Seed, 2013
- 9 Verkada Alarms, Surveillance & Security Systems, San Mateo $7.6B range $5.0B – $9.0B Led at Series C, 2020
- 10 Flexport Trucking and Logistics, Amsterdam $6.3B range $698M – $11.0B Joined at Series B, 2016
Portfolio
Full Felicis portfolio (237 companies)
237 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Crusoe Hosting & Cloud Infrastructure Providers · since Series C, 2022 | Series F Sep 2026 $3.90B | $31.7B | $26.9B – $46.2B | $40.2B (+27%) | $4.4B | 0% | 1,720 | growing | A | |
| 2 | Polymarket Cryptocurrency · since Seed, 2020 | Growth Equity Aug 2026 $1.00B | $21.4B | $18.3B – $26.6B | $23.1B (+8%) | $2.1B | 0% | 342 | growing | A | |
| 3 | Flexport Trucking and Logistics · since Series B, 2016 | Debt Jan 2023 $260M | $6.3B | $698M – $11.0B | $5.9B (-5%) | $1.3B | 20% | 2,949 | flat | D | |
| 4 | Zipline Airline Companies · since Series A, 2012 | Series H Mar 2026 $800M | $8.9B | $6.6B – $11.4B | $9.9B (+11%) | $1.1B | 0% | 1,662 | unknown | A | |
| 5 | 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 | |
| 6 | Plaid Payment Processing & Point of Sale · since Seed, 2013 | Growth Equity Apr 2025 $575M | $8.5B | $5.7B – $10.2B | $8.1B (-5%) | $832M | 18% | 5,107 | growing | A | |
| 7 | Supabase Tech Companies · led at Series B, 2022 | Series F Jun 2026 $500M | $11.9B | $9.1B – $16.6B | $14.4B (+21%) | $1.8B | 0% | 455 | growing | A | |
| 8 | Runway Tech Companies · since Seed, 2018 | Series E Feb 2026 $315M | $5.8B | $4.6B – $6.9B | $5.5B (-5%) | $758M | 51% | 73 | flat | A | |
| 9 | Coalition Insurance - Agents, Carriers & Brokers · since Series C, 2020 | Series F Jul 2022 $250M | $2.8B | $573M – $8.3B | $2.4B (-13%) | $845M | 47% | 706 | flat | D | |
| 10 | Verkada Alarms, Surveillance & Security Systems · led at Series C, 2020 | Growth Equity Dec 2025 $100M | $7.6B | $5.0B – $9.0B | $7.8B (+3%) | $702M | 0% | 6,345 | growing | A | |
| 11 | Poolside Software Development Services · led at Seed, 2023 | Series B Oct 2024 $500M | $6.1B | $3.7B – $7.0B | $6.1B (0%) | $669M | 0% | 330 | growing | B | |
| 12 | Canva Tech Companies · led at Series A, 2015 | Growth Equity Sep 2021 $200M | $37.7B | $15.4B – $73.7B | $34.9B (-7%) | $7.0B | 33% | 23,213 | growing | C | |
| 13 | Guild Professional & Management Training · led at Series C, 2018 | Series F Jun 2022 $175M | $3.0B | $488M – $5.8B | $2.6B (-12%) | $608M | 33% | 1,196 | flat | D | |
| 14 | Formation Bio Pharmaceutical Products · since Series C, 2021 | Series D Jun 2024 $372M | $6.0B | $1.5B – $8.5B | $4.0B (-34%) | $660M | 0% | 198 | flat | C | |
| 15 | Radiant Nuclear Electric Supplies & Power Generation · since Series C, 2025 | Series D Dec 2025 $300M | $2.3B | $1.6B – $2.7B | $2.3B (+4%) | $257M | 0% | 580 | unknown | A | |
| 16 | Periodic Labs Tech Companies · since Seed, 2025 | Seed Sep 2025 $300M | $4.1B | $1.5B – $5.9B | $4.1B (0%) | $743M | 0% | 90 | growing | C | |
| 17 | Mercor Employment Agencies & HR Consulting · led at Series B, 2025 | Series C Oct 2025 $350M | $18.4B | $8.7B – $21.3B | $18.5B (+1%) | $2.0B | 0% | 11,311 | growing | B | |
| 18 | Chargebee Tech Companies · since Series F, 2020 | Series G Sep 2022 $125M | $1.2B | $144M – $2.0B | $1.1B (-7%) | $201M | 8% | 1,309 | flat | D | |
| 19 | Armada Tech Companies · since Growth, 2023 | Series B May 2026 $230M | $2.4B | $1.7B – $3.5B | $3.1B (+28%) | $339M | 0% | 667 | growing | B | |
| 20 | Fractile Tech Companies · since Series A, 2026 | Series B May 2026 $220M | $1.9B | $1.1B – $3.4B | $2.4B (+31%) | $291M | 0% | 135 | growing | B | |
| 21 | Arena AI Tech Companies · led at Seed, 2025 | Series B Oct 2026 $200M | $3.2B | $2.7B – $5.3B | $4.7B (+47%) | $558M | 0% | 34 | flat | B | |
| 22 | Ritual Vitamins & Supplements · since Series B, 2019 | Series B Feb 2019 $25M | $196M | $14.0M – $278M | $191M (-2%) | $25.8M | 0% | 239 | up | D | |
| 23 | Tech Companies · led at Series A, 2016 | Series E Dec 2021 $100M | $488M | $73.2M – $2.0B | $471M (-3%) | $169M | 52% | 202 | flat | D | |
| 24 | Tech Companies · since Series B, 2015 | Acquisition May 2026 | $289M acquired 2026 | $144M – $513M | – | – | 75% | 336 | down | C | |
| 25 | Tech Companies · since Series B, 2021 | Series D Nov 2023 $120M | $618M | $290M – $1.6B | $323M (-48%) | $155M | 97% | 505 | down | C | |
| 26 | Translation Services · since Series C, 2013 | Growth Equity Dec 2021 $160M | $1.5B | $87.1M – $3.2B | $1.5B (0%) | $189M | 0% | 320 | unknown | D | |
| 27 | Tech Companies · since Series B, 2025 | Series C Jun 2026 $120M | $1.3B | $1.0B – $1.9B | $1.6B (+22%) | $177M | 0% | 248 | growing | A | |
| 28 | Tech Companies · since Series C, 2020 | Series D Jul 2021 $125M | $429M | $252M – $1.4B | $383M (-11%) | $464M | 97% | 139 | shrinking | C | |
| 29 | Tech Companies · since Series B, 2020 | Growth Equity Sep 2022 $52M | $1.4B | $282M – $1.8B | $1.4B (-3%) | $153M | 0% | 422 | up | C | |
| 30 | Tech Companies · since Series C, 2021 | Growth Equity Aug 2023 $50M | $945M | $259M – $1.5B | $826M (-13%) | $127M | 23% | 292 | flat | C | |
| 31 | Tech Companies · since Series B, 2020 | Series C Feb 2024 $100M | $1.0B | $214M – $1.8B | $855M (-18%) | $129M | 15% | 410 | flat | D | |
| 32 | Tech Companies · since Series A, 2015 | Other Jul 2024 $28M | $823M | $86.3M – $1.3B | $823M (0%) | $166M | 11% | 229 | flat | D | |
| 33 | Tech Companies · since Series A, 2014 | Series D Nov 2021 $50M | $215M | $40.2M – $1.2B | $212M (-2%) | $89.4M | 70% | 203 | down | D | |
| 34 | Tech Companies · led at Series B, 2020 | Series C Jun 2022 $60M | $122M | $46.8M – $395M | $107M (-12%) | $69.9M | 97% | 248 | shrinking | D | |
| 35 | Tech Companies · since Series B, 2021 | Series C Mar 2022 $55M | $151M | $30.3M – $898M | $144M (-4%) | $54.8M | 84% | 150 | down | D | |
| 36 | Tech Companies · since Series A, 2016 | Series C Mar 2022 $60M | $907M | $50.1M – $1.4B | $863M (-5%) | $95.9M | 3% | 1,458 | flat | D | |
| 37 | Tech Companies · since Series A, 2024 | Series B Mar 2026 $54M | $488M | $272M – $823M | $580M (+19%) | $63.8M | 0% | 163 | growing | B | |
| 38 | Tech Companies · since Series A, 2019 | Series B Aug 2021 $70M | $557M | $37.1M – $890M | $547M (-2%) | $72.1M | 0% | 203 | up | D | |
| 39 | Tech Companies · led at Series A, 2019 | Series C Oct 2022 $45M | $160M | $34.6M – $576M | $129M (-19%) | $46.6M | 59% | 74 | down | D | |
| 40 | Tech Companies · led at Series B, 2021 | Series C Apr 2023 $53M | $643M | $145M – $1.0B | $641M (0%) | $77.8M | 0% | 265 | up | C | |
| 41 | Tech Companies · since Series A, 2021 | Series B Feb 2022 $56M | $285M | $28.1M – $639M | $261M (-8%) | $64.5M | 25% | 129 | flat | D | |
| 42 | Tech Companies · since Series B, 2011 | Acquisition Jan 2018 $100M | $244M acquired 2018 | $19.4M – $371M | – | – | 0% | – | unknown | D | |
| 43 | Tech Companies · since Series B, 2014 | Series C Jul 2017 $50M | $4.55M | $0 – $4.55M | $4.55M (0%) | – | 100% | 116 | down | dead | |
| 44 | Tech Companies · since Series B, 2026 | Series B Jul 2026 $55M | $431M | $267M – $813M | $523M (+22%) | $67.1M | 33% | 35 | up | B | |
| 45 | Tech Companies · since Series B, 2022 | Series B May 2022 $40M | $147M | $18.9M – $415M | $141M (-5%) | $37.7M | 30% | 55 | up | D | |
| 46 | Tech Companies · since Seed, 2020 | Growth Equity Feb 2022 $40M | $86.3M | $15.3M – $289M | $84.2M (-2%) | $20.8M | 53% | 53 | down | D | |
| 47 | Tech Companies · since Series B, 2022 | Series B Mar 2022 $50M | $40.6M | $20.3M – $119M | $37.0M (-9%) | $47.6M | 97% | 20 | shrinking | C | |
| 48 | Tech Companies · led at Seed, 2025 | Series A Jun 2026 $30M | $213M | $138M – $502M | $354M (+66%) | $49.5M | 0% | 57 | growing | C | |
| 49 | Tech Companies · since Seed, 2015 | Series B Apr 2022 $31M | $1.38M | $0 – $1.38M | $1.38M (0%) | – | 100% | 21 | down | dead | |
| 50 | Tech Companies · led at Series A, 2025 | Series A Jun 2025 $30M | $268M | $86.0M – $381M | $268M (0%) | $37.6M | 0% | 2 | unknown | 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 Felicis invests: stages, industries and countries
Most of its rounds are Series A (30%). Its companies span 54 industries, most in Tech Companies, Software Development Services and Biotechnology, across 15 countries.
Rounds by stage
- Pre-seed 2
- Seed 84
- Series A 101
- Series B 73
- Series C and later 75
- Other venture 1
Investments by industry
- Tech Companies 136
- Software Development Services 15
- Biotechnology 8
- Hosting & Cloud Infrastructure Providers 5
- Medical Supply Manufacturers 5
- Payment Processing & Point of Sale 4
- Professional & Management Training 4
- Data Solutions 3
Investments by country
- United States 200
- United Kingdom 8
- Canada 6
- Australia 5
- Germany 3
- Switzerland 3
Recent rounds
Felicis' latest investments
Felicis' most recent funding rounds, newest first. 46 rounds in the last 12 months.
Co-investors
Felicis' top co-investors
The investors that most often join the same rounds as Felicis. Andreessen Horowitz leads, with 39 rounds together.
- Andreessen Horowitz 39 rounds together
- Y Combinator 35 rounds together
- Founders Fund 27 rounds together
- Sequoia Capital 25 rounds together
- General Catalyst 23 rounds together
- Khosla Ventures 23 rounds together
- SV Angel 21 rounds together
- Redpoint Ventures 19 rounds together
- Coatue 19 rounds together
- Craft Ventures 19 rounds together
About
About Felicis
Felicis Ventures Management Company, LLC is an American venture capital firm that invests in early-stage technology companies across sectors such as artificial intelligence, global resilience, health and bio, infrastructure, security, and vertical SaaS. The company provides direct investment, executive coaching, and therapy support to founders, and manages a portfolio of technology startups. Felicis also offers a 1% commitment on its first checks to founders for personal development and supports a network of limited partners, including foundations, hospitals, university endowments, and philanthropic family offices.
Description from Veridion's company data.
- Founded
- 2006
- Based in
- Menlo Park, United States
- Team
- 89 people, +41% in a year
- Type
- Venture capital firm
Focus markets
- Technology
- Healthcare
- Infrastructure
- Security
- SaaS
What Felicis offers
- Venture Capital Investment Services
- Early-Stage Technology Company Investment
- Sector-Specific Technology Investment
- Direct Founder Partnership Development
- Personal Development Support Services
- Executive Coaching Services
- Therapy Services
- Portfolio Company Value Addition
Questions
Felicis: frequently asked questions
How many companies has Felicis invested in?
237 venture-backed companies on VCMC, across 336 funding rounds.
What are Felicis' most valuable private companies?
Canva ($37.7B), Crusoe ($31.7B), Skild AI ($23.2B), by VCMC's valuation.
What was Felicis' latest investment?
Arena AI, a Series B round in Oct 2026 of $200M.
Which stages does Felicis invest in?
Felicis invests most often at Series A (101 rounds), followed by seed (84) and Series C and later (75). It has also joined 73 Series B, 2 pre-seed and 1 other venture rounds.
What is Felicis' portfolio worth?
Its private companies with a VCMC valuation are worth $278.9B together. That is the sum of the companies' values, not what Felicis owns.
Who does Felicis invest alongside?
Andreessen Horowitz (39 rounds), Y Combinator (35 rounds), Founders Fund (27 rounds).