# Artiman Ventures: portfolio, investments and team

> Artiman Ventures is a vc firm based in United States. 66 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/artiman-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Artiman Ventures

Last cheque observed Aug 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $65M, May 2015 VC firm

Seed Series A Series B Consumer FinTech Finance & Crypto

Follow Artiman Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fartiman-ventures)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 66 on record

Since the last cheque **2636** days **00** hrs **00** min **00** sec

Median round **$16M** Rounds led **0 of 66** Sole investor **20 rounds** Exits **9 from the portfolio** Mostly in **United States, 89%**

Pitch Artiman Ventures

## Artiman Ventures highlights

- 01 66 rounds on record
- 02 Mostly Series A and Series B: 56% of its rounds
- 03 Sole investor in 20 rounds, median $5.5M
- 04 9 exits from the portfolio

## What they do

> Artiman is an early stage sector agnostic venture fund. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Consumer FinTech Finance & Crypto
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **66 appearances**

- **2019** 2 rounds
- **Aug** **[Pavilion Data Systems](https://millionrounds.com/company/pavilion-data-systems)** Series C · US · FinSMEs **$25M** With 6 others
- **May** **[Applyboard](https://millionrounds.com/company/applyboard)** Series B · CA · BetaKit **$41M** With 1 other
- **2018** 2 rounds
- **Jun** **[Boxbot](https://millionrounds.com/company/boxbot)** Seed · US · FinSMEs **$7.5M** With 5 others
- **Mar** **[TeraPore](https://millionrounds.com/company/terapore)** Series A · US · FinSMEs **$6.0M** With 2 others
- **2017** 1 round
- **Sept** **[Tonbo Imaging](https://millionrounds.com/company/tonbo-imaging)** Series B · SG · FinSMEs **$17M** With 2 others
- **2016** 1 round
- **Jul** **[CellMax Life](https://millionrounds.com/company/cellmax-life)** Series A · US · Genomeweb **$14M** Sole investor
- **2015** 3 rounds
- **Sept** **[Crossbar](https://millionrounds.com/company/crossbar)** Series D · US **$35M** With 11 others
- **Sept** **[DISCERN](https://millionrounds.com/company/discern)** Series A · US **$20M** Sole investor
- **Jan** **[PlaySwell](https://millionrounds.com/company/playswell)** Seed · US **$1.0M** With 3 others
- **2014** 6 rounds
- **Dec** **[Virsec Systems](https://millionrounds.com/company/virsec-systems)** Series A · US **$5.1M** With 2 others
- **Dec** **[Niron Magnetics](https://millionrounds.com/company/niron-magnetics)** Seed **$1.5M** Sole investor
- **Sept** **[HomeUnion](https://millionrounds.com/company/homeunion)** Series A · US **$5.5M** Sole investor
- **Aug** **[Nutrinsic](https://millionrounds.com/company/nutrinsic)** Series C · US **$13M** With 3 others
- **Aug** **[Guavus](https://millionrounds.com/company/guavus)** Debt · US **$20M** With 7 others
- **Mar** **[Crossbar](https://millionrounds.com/company/crossbar)** Series C · US **$25M** With 7 others
- **2013** 3 rounds
- **Aug** **[Tonbo Imaging](https://millionrounds.com/company/tonbo-imaging)** Series A · IN · techcircle.vccircle.com **$6.4M** Sole investor
- **Jun** **[Cellmax](https://millionrounds.com/company/cellmax)** Series A · US **$5.0M** Sole investor
- **Jan** **[Guavus](https://millionrounds.com/company/guavus)** Series D · US · techcrunch.com **$30M** With 4 others
- **2012** 12 rounds
- **Dec** **[Cellworks](https://millionrounds.com/company/cellworks)** Series B · US **$13M** With 1 other
- **Dec** **[Kaybus](https://millionrounds.com/company/kaybus)** Series A · US · daniellemorrill.com **$6.6M** Sole investor
- **Dec** **[ClickDiagnostics](https://millionrounds.com/company/clickdiagnostics)** Series A · US **$6.0M** Sole investor
- **Nov** **[Crossbar](https://millionrounds.com/company/crossbar)** Series B · US **$21M** With 3 others
- **Oct** **[Cellworks](https://millionrounds.com/company/cellworks)** Venture · US **$13M** Sole investor
- **Sept** **[Virident Systems](https://millionrounds.com/company/virident-systems)** Series D · US · techcrunch.com **$26M** With 3 others
- **Aug** **[CardioDx](https://millionrounds.com/company/cardiodx)** Growth · US · finsmes.com **$58M** With 10 others
- **Jul** **[Guavas](https://millionrounds.com/company/guavas)** Series C · pevc.dowjones.com **$15M** With 2 others
- **Jul** **[Guavus](https://millionrounds.com/company/guavus)** Series C · US · xconomy.com **$15M** With 2 others
- **Jul** **[CardioDx](https://millionrounds.com/company/cardiodx)** Growth · US **$31M** With 13 others
- **Jul** **[Virident Systems](https://millionrounds.com/company/virident-systems)** Venture · US **$5.7M** With 4 others
- **Jul** **[Core Diagnostics](https://millionrounds.com/company/core-diagnostics)** Series A · IN **$5.0M** Sole investor
- **2011** 9 rounds
- **Nov** **[Virident Systems](https://millionrounds.com/company/virident-systems)** Series C · US · techcrunch.com **$21M** With 4 others
- **Oct** **[Prysm](https://millionrounds.com/company/prysm)** Growth · US · techcrunch.com **$100M** With 1 other
- **Oct** **[Guavus](https://millionrounds.com/company/guavus)** Series B · US · finsmes.com **$25M** With 2 others
- **Sept** **[Aditazz](https://millionrounds.com/company/aditazz)** Series A · US **$5.6M** Sole investor
- **Jul** **[Yantra](https://millionrounds.com/company/yantra)** Series A · US **$8.0M** Sole investor
- **Jul** **[OncoStem Diagnostics](https://millionrounds.com/company/oncostem-diagnostics)** Seed **$1.0M** Sole investor
- **May** **[CardioDx](https://millionrounds.com/company/cardiodx)** Growth · US · finsmes.com **$60M** With 12 others
- **Apr** **[Lightwire](https://millionrounds.com/company/lightwire)** Series B · US **$18M** With 2 others
- **Mar** **[Pricelock](https://millionrounds.com/company/pricelock)** Series B · US · techcrunch.com **$12M** With 3 others
- **2010** 4 rounds
- **Nov** **[Virident Systems](https://millionrounds.com/company/virident-systems)** Series B · US · virident.com **$13M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

AD **Amit Dilip Shah** Promoter i Filing they signed

SS **Saurabh Srivastava** Promoter i Filing they signed

YG **Yatin Gurudutt Mundkur** Promoter i Filing they signed

We also hold **9** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$411M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Artiman Management, L.L.C
- **SEC number:** CRD 162908

## What they claim to have backed

From their own portfolio page (on their website)

**6** of 6 we have independently watched raise

[Applyboard](https://millionrounds.com/company/applyboard)[Cellmaxlife](https://millionrounds.com/company/cellmax-life)[Nironmagnetics](https://millionrounds.com/company/niron-magnetics)[Tonboimaging](https://millionrounds.com/company/tonbo-imaging)[Virsec](https://millionrounds.com/company/virsec)[Visbymedical](https://millionrounds.com/company/visby-medical)

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **9 in all**

**[Virident Systems](https://millionrounds.com/company/virident-systems)** Bought by [Western Digital Technologies](https://millionrounds.com/fund/western-digital-technologies) **$685M** Sept 2013

**[Nethra Imaging](https://millionrounds.com/company/nethra-imaging)** Bought by [Imagination Technologies](https://millionrounds.com/fund/imagination-technologies) **Undisclosed** Jun 2012

**[Ortiva Wireless](https://millionrounds.com/company/ortiva-wireless)** Bought by Allot Communications **Undisclosed** May 2012

**[Lightwire](https://millionrounds.com/company/lightwire)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **$271M** Feb 2012

**[Airwide Solutions](https://millionrounds.com/company/airwide-solutions)** Bought by Mavenir Systems **Undisclosed** May 2011

**[BioImagene](https://millionrounds.com/company/bioimagene)** Bought by Roche **$100M** Aug 2010

**[Kasenna](https://millionrounds.com/company/kasenna)** Bought by Espial Group **$80M** Jul 2008

**[Sierra Design Automation](https://millionrounds.com/company/sierra-design-automation)** Bought by [Mentor Graphics](https://millionrounds.com/fund/mentor-graphics) **$100M** Jun 2007

**[NetDevices](https://millionrounds.com/company/netdevices)** Bought by [Alcatel-Lucent](https://millionrounds.com/fund/alcatel-lucent) **Undisclosed** Jan 2007

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$65M**

raised in May 2015

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$16M** the round, not its cheque Alone, median **$5.5M**

Led 0 of 66 rounds **0%**

- **Sole investor:** 20 rounds
- **Last cheque:** Aug 2019
- **Exits:** 9 from the portfolio

Rounds by stage said on their site

- Series A said *19*
- Series B said *15*
- Series C *11*
- Series D *7*
- Seed said *5*
- Growth said *4*

Cheques by year Led Joined

2003 2019

Often in the room with

- [Intel Capital](https://millionrounds.com/fund/intel-capital) 11
- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 7
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 5
- [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments) 5
- [Globespan Capital Partners](https://millionrounds.com/fund/globespan-capital-partners) 4
- [Mohr Davidow Ventures](https://millionrounds.com/fund/mohr-davidow-ventures) 4

**Pitching Artiman Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Artiman Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Intel Capital** Corporate VC **11** rounds together](https://millionrounds.com/fund/intel-capital)[**Kleiner Perkins Caufield & Byers** VC firm **7** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Sequoia Capital** VC firm **5** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Sofinnova Investments** VC firm **5** rounds together](https://millionrounds.com/fund/sofinnova-investments)[**Globespan Capital Partners** VC firm **4** rounds together](https://millionrounds.com/fund/globespan-capital-partners)[**Mohr Davidow Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/mohr-davidow-ventures)[**Acadia Woods Partners** VC firm **3** rounds together](https://millionrounds.com/fund/acadia-woods-partners)[**Asset Management Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/asset-management-ventures)[**Bright Capital** Investment firm **3** rounds together](https://millionrounds.com/fund/bright-capital)[**Correlation Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/correlation-ventures)[**Crosslink Capital** VC firm **3** rounds together](https://millionrounds.com/fund/crosslink-capital)[**DAG Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/dag-ventures)

## Recently backed

The latest companies Artiman Ventures put money into.

[**Applyboard** $41M · May 2019](https://millionrounds.com/company/applyboard)[**Boxbot** $7.5M · Jun 2018](https://millionrounds.com/company/boxbot)[**CellMax Life** $14M · Jul 2016](https://millionrounds.com/company/cellmax-life)

## Quick answers about Artiman Ventures

### What does Artiman Ventures invest in?

Artiman Ventures invests most often at Series A and Series B (56% of the rounds on record), in sectors such as Consumer, FinTech and Finance & Crypto.

### How active is Artiman Ventures?

66 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2019.

### What has Artiman Ventures invested in recently?

Its most recent investments on record: Pavilion Data Systems (Series C, Aug 2019), Applyboard (Series B, May 2019) and Boxbot (Seed, Jun 2018).

### How big are Artiman Ventures's cheques?

The median round it joins is $16M.

### Does Artiman Ventures lead rounds?

Rarely, if at all: none of its 66 investments on record names it as the lead.

### Where does Artiman Ventures invest?

Most of the companies it backs are in the United States (89%) and India (5%).

### Is Artiman Ventures investing now?

No investments in the last 12 months; the latest was in Aug 2019.

### Who does Artiman Ventures invest alongside?

Most often Intel Capital (11 rounds together), Kleiner Perkins Caufield & Byers (7 rounds together) and Sequoia Capital (5 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=artiman-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=artiman-ventures)