United States · Investor

Canaan

Last cheque observed Oct 2026; 610 cheques on record.

Deploying nowNew fund $1.1M, Apr 2024VC firm

Pre-seedSeedSeries AB2b2cFin-techPaytech

Deploying now
76%of best year31cheques in 12 months, 610 on record
Since the last cheque1days00hrs00min00sec
Median round$20MCheque size, as they say$500K – $20MRounds led12 of 610Sole investor55 roundsExits53 from the portfolioMostly inUnited States, 89%
Pitch Canaan

Canaan highlights

  1. 01

    31 cheques in the last 12 months

  2. 02

    Mostly Series A and Series B: 50% of its rounds

  3. 03

    Sole investor in 55 rounds, median $6.0M

  4. 04

    53 exits from the portfolio

What they do

Canaan is an early-stage venture capital firm that invests in visionaries with transformative ideas.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$500K – $20M as they say
Stages
Pre-seedSeedSeries ASeries B
Sectors
B2b2cFin-techPaytech
Based in
San Francisco, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first610 appearances

  1. 2026

    27 rounds

  2. Oct
    Setara BiosciencesSeries A · US · Pulse 2.0$90MWith 6 others
  3. Oct
    Luxor TechnologyUS · Google News search$16MWith 4 others
  4. Sept
    Solstice OncologySeries A · US$225MWith 2 others
  5. Aug
    Actualyze AISeed · US$7.0MWith 2 others
  6. Jun
    RyloSeries B · US · Ventureburn$85MLed
  7. Jun
    AevaUS$115MWith 2 others
  8. Jun
    AttoTudeSeries C · US$52MWith 2 others
  9. Jun
    Vedana TherapeuticsSeries A · US$46MWith 1 other
  10. Jun
    IDEAYA BiosciencesUS$345MWith 3 others
  11. May
    Tomorrow.ioSeries F · US · Ventureburn$35MWith 6 others
  12. May
    TreasurySeed · NL$2.5MWith 1 other
  13. May
    SageOxSeed · US$15MSole investor
  14. Apr
    C-InfinitySeed · Ventureburn$16MLed
  15. Apr
    HermeusUS · TechCrunch$350MWith 10 others
  16. Apr
    HermeusSeries C · US$200MWith 3 others
  17. Mar
    RenoFiSeries B · US · Ventureburn$22MWith 11 others
  18. Mar
    Transposon TherapeuticsGrant · US$22MWith 1 other
  19. Mar
    World View EnterprisesVenture · US$10MWith 2 others
  20. Mar
    InstrumentalVenture · USUndisclosedWith 4 others
  21. Mar
    Vima TherapeuticsSeries A · US$40MWith 1 other
  22. Mar
    CayenaVenture · BRUndisclosedWith 4 others
  23. Feb
    RapidataSeed · CH$8.5MWith 3 others
  24. Feb
    Field AIVenture · USUndisclosedWith 5 others
  25. Jan
    Nocion TherapeuticsSeries B · US · Lumira Ventures$23MWith 9 others
  26. Jan
    HeyMiloSeed · US$3.9MWith 1 other
  27. Jan
    Arbe$19MWith 3 others
  28. Jan
    ArtieSeries A · US$12MWith 4 others
  29. 2025

    35 rounds

  30. Dec
    Novee SecurityDebt$10MSole investor
  31. Dec
    Safire Technology GroupVenture · US$2.7MWith 2 others
  32. Nov
    NextCureUS$22MWith 4 others
  33. Nov
    Quarry TheraSeries A · US$32MSole investor
  34. Oct
    SumbleSeed · US · TechStartups$39MLed
  35. Oct
    SumbleSeries A · US$30MWith 4 others
  36. Sept
    DoorstepSeed · US · TechCrunch$8.0MLed
  37. Sept
    Semnur PharmaceuticalsUS$100MWith 1 other
  38. Aug
    FieldAIUS · TechCrunch$405MWith 10 others
  39. Aug
    OmnichentSeed · US$1.8MWith 2 others
  40. Aug
    Iterum TherapeuticsIE$2.2MWith 1 other
  41. Aug
    AlkymiVenture · USUndisclosedWith 3 others
  42. Aug
    ArvinasVenture · USUndisclosedWith 5 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 registration18 named

BCBrendan Charles DickinsonManager of Canaan Partners Xii LLCiForm ADV
BKBrenton K. AhrensManager of Canaan Partners Vii LLCiForm ADV
DKDeepak KamraManager of Canaan Partners Vii LLCiForm ADV
EMEbony Myles-BerryDirectoriFiling they signed
GMGuy M. RussoManager of Canaan Partners Vii LLCiForm ADV
HSHrach SimonianManager of Canaan Partners X LLCiForm ADV
JPJohn PacificoChief Operating Officer and Chief Financial OfficeriForm ADV
JVJohn V. BalenManager of Canaan Partners Vii LLCiForm ADV
JBJoydeep BhattacharyyaManager of Canaan Partners Xi LLCiForm ADV
JPJulie Papanek GrantManager of Canaan Partners Xii LLCiForm ADV
MSMaha Saleh IbrahimVice PresidentiForm ADV
MCMark CookDirectoriFiling they signed
MCMatthew CrakesMr. Crakes is the managing member of Canaan Valley Capital GP LLC, the general partner of the Issuer, and Canaan Valley Capital Management LLC, the investment manageriFiling they signed
NSNina Sofia KjellsonManager of Canaan Partners X LLCiForm ADV
RBRichard BoyleManager of Canaan Partners Xi LLCiForm ADV
SBStephen BlochManager of Canaan Partners Vii LLCiForm ADV
TSTim ShannonManager of Canaan Partners X LLCiForm ADV
WEWende Ellen SawyerManager of Canaan Partners Vii LLCiForm ADV

We also hold 37 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

$5.5Bgross assets of its fundsOct 2026
10+funds on filenumbered funds in its name
Exemptreporting adviserventure or small private funds
Legal name
Canaan Management, LLC
SEC number
CRD 161180

Who backs their funds

1 LP on record in Canaan's funds

Committed
$242M
Funds
2
Vintages
2024

The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

LP Portal

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 listed53 in all

KustomerBought by Facebook$1.0BNov 2020
GrokStyleBought by FacebookUndisclosedFeb 2019
Novira TherapeuticsBought by Johnson & JohnsonUndisclosedNov 2015
LancopeBought by Cisco$453MOct 2015
Spinifex PharmaceuticalsBought by Novartis$200MJun 2015
Cortina SystemsBought by INPHI$131MOct 2014
Civitas TherapeuticsBought by Acorda Therapeutics$525MSept 2014
MetacloudBought by CiscoUndisclosedSept 2014
ArtspaceBought by Phaidon PressUndisclosedAug 2014
Skybox ImagingBought by Google$500MJun 2014
AtheroMedBought by Volcano Corporation$117MMay 2014
ACTIVE NetworkBought by Vista Equity PartnersUndisclosedNov 2013
Echopass CorporationBought by GenesysUndisclosedOct 2013
BlipBought by Maker StudiosUndisclosedAug 2013
Tremor VideoListed$75MJun 2013
EnpirionBought by Altera$140MMay 2013
Virsto SoftwareBought by VMwareUndisclosedFeb 2013
Acme PacketBought by Oracle Corporation$2.1BFeb 2013
XDN/3Crowd TechnologiesBought by FortinetUndisclosedDec 2012

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

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

Recently backed

The latest companies Canaan put money into.

On podcasts

2 episodes naming Canaan in the title, and 4 more that mention it.

Mentioned in

Quick answers about Canaan

What does Canaan invest in?

Canaan invests most often at Series A and Series B (50% of the rounds on record), in sectors such as B2b2c, Fin-tech and Paytech.

How active is Canaan?

610 investments on record, 31 of them in the last 12 months, and it led 12. The most recent was in Oct 2026.

What has Canaan invested in recently?

Its most recent investments on record: Setara Biosciences (Series A, Oct 2026), Luxor Technology (Undisclosed round, Oct 2026) and Solstice Oncology (Series A, Sept 2026).

How big are Canaan's cheques?

The median round it joins is $20M. It says it writes cheques of $500K to $20M.

Does Canaan lead rounds?

Sometimes: it led 12 of its 610 investments on record (2%).

Where does Canaan invest?

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

Is Canaan investing now?

Yes: it is actively investing, with 31 investments in the last 12 months.

Who does Canaan invest alongside?

Most often New Enterprise Associates (26 rounds together), Intel Capital (16 rounds together) and Alumni Ventures (14 rounds together).

Raising now?

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

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it