United States · Investor

Costanoa Ventures

Last cheque observed Sep 2026; 154 cheques on record.

Deploying nowNew fund $115M, Feb 2026VC firm

Pre-seedSeedSeries ABankFintechsFin-tech

Deploying now
59%of best year17cheques in 12 months, 154 on record
Since the last cheque40days00hrs00min00sec
Median round$12MCheque size, as they say$200K – $10MRounds led13 of 154Sole investor7 roundsExits4 from the portfolioMostly inUnited States, 83%
Pitch Costanoa Ventures

Costanoa Ventures highlights

  1. 01

    17 cheques in the last 12 months

  2. 02

    Mostly Series A and Seed: 65% of its rounds

  3. 03

    Sole investor in 7 rounds, median $7.0M

  4. 04

    4 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
$200K – $10M as they say
Stages
Pre-seedSeedSeries ASeries BGrowthPre-IPO
Sectors
BankFintechsFin-tech
Based in
Palo Alto, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first154 appearances

  1. 2026

    14 rounds

  2. Sept
    FelderaSeed · US · TechStartups$22MWith 3 others
  3. Sept
    Sela AISeries A · US$15MWith 2 others
  4. Aug
    Smack TechnologiesSeries B · US · Ventureburn$61MWith 6 others
  5. Aug
    Onos HealthSeries A · US$17MWith 4 others
  6. Jul
    Self InspectionUS · TechCrunch$10MWith 5 others
  7. Jul
    Empirical SecuritySeries A · US$25MWith 1 other
  8. May
    IteraSeed · US$12MWith 2 others
  9. Apr
    NatterSeries A · US · Ventureburn$23MWith 5 others
  10. Mar
    Smack TechnologiesSeries A · US · Ventureburn$32MWith 7 others
  11. Mar
    ShepherdSeries B · US$42MWith 3 others
  12. Mar
    ManifoldSeed · US$8.0MWith 1 other
  13. Feb
    Tenna SystemsSeed · IL · Ventureburn$14MLed
  14. Jan
    IvoSeries B · US · AlleyWatch$55MWith 6 others
  15. Jan
    MidshipSeed · US$4.2MWith 1 other
  16. 2025

    29 rounds

  17. Dec
    MindtripVenture · USUndisclosedWith 1 other
  18. Nov
    Spectral ComputeSeed · GB · Silicon Canals$6.0MLed
  19. Nov
    AuterionVenture · CHUndisclosedWith 2 others
  20. Oct
    WelliDebt · CO · LatamList$75MWith 2 others
  21. Oct
    Marble HealthSeries A · US · AlleyWatch$16MLed
  22. Oct
    Muon SpaceGrant · US$45MWith 5 others
  23. Oct
    Basis TheorySeries B · US$33MWith 4 others
  24. Sept
    PayNearMeSeries E · US$50MWith 4 others
  25. Sept
    TrueMeterSeed · US$4.0MWith 3 others
  26. Sept
    EarthmoverSeed · US$7.2MWith 2 others
  27. Sept
    PathworkSeed · US$3.5MWith 1 other
  28. Aug
    DefiniteSeed · US$10MWith 1 other
  29. Jul
    Empirical SecuritySeed · US$12MWith 1 other
  30. Jul
    FOSSAVenture · US$5.1MWith 3 others
  31. Jul
    RunRevealSeed · US$7.0MSole investor
  32. Jun
    TensecSeed · US$12MWith 3 others
  33. Jun
    SameVenture · US$14MWith 2 others
  34. May
    StackHawkSeries B · US$12MWith 4 others
  35. Mar
    RerunSeed · SE · TechCrunch$17MWith 4 others
  36. Mar
    MalgaSeries A · BR · LatamList$5.5MLed
  37. Mar
    Regrow AgVenture · USUndisclosedWith 4 others
  38. Mar
    CapeDebt · AU$15MWith 4 others
  39. Feb
    SGNLSeries A · US · TechCrunch$30MWith 4 others
  40. Feb
    Self InspectionSeed · US · TechCrunch$3.0MLed
  41. Feb
    IvoSeries A · US · Startup Daily$26MLed
  42. Feb
    Hidden LevelSeries C · US$65MWith 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 registration3 named

GPGregory P. SandsManaging DirectoriFiling they signed
MSMark SelcowMemberiForm ADV
MDMichael Douglas AlbangChief Financial OfficeriForm ADV

We also hold 11 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

$2.6Bgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Costanoa Venture Capital Management, LLC
SEC number
CRD 164808

Exits from the portfolio

Companies it backed that were later bought or listed4 in all

3scaleBought by RedhatUndisclosedJun 2016
Lex MachinaBought by LexisNexisUndisclosedNov 2015
DatalogixBought by Oracle Corporation$1.2BDec 2014
LinkSmart, Inc.Bought by VigLinkUndisclosedNov 2014

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 Costanoa Ventures. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Costanoa Ventures put money into.

Books by the people here

One book written by people at Costanoa Ventures: Martina Lauchengco.

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Quick answers about Costanoa Ventures

What does Costanoa Ventures invest in?

Costanoa Ventures invests most often at Series A and Seed (65% of the rounds on record), in sectors such as Bank, Fintechs and Fin-tech.

How active is Costanoa Ventures?

154 investments on record, 17 of them in the last 12 months, and it led 13. The most recent was in Sept 2026.

What has Costanoa Ventures invested in recently?

Its most recent investments on record: Feldera (Seed, Sept 2026), Sela AI (Series A, Sept 2026) and Smack Technologies (Series B, Aug 2026).

How big are Costanoa Ventures's cheques?

The median round it joins is $12M. It says it writes cheques of $200K to $10M.

Does Costanoa Ventures lead rounds?

Sometimes: it led 13 of its 154 investments on record (8%).

Where does Costanoa Ventures invest?

Most of the companies it backs are in the United States (83%).

Is Costanoa Ventures investing now?

Yes: it is actively investing, with 17 investments in the last 12 months.

Who does Costanoa Ventures invest alongside?

Most often Foundry Group (14 rounds together), Y Combinator (12 rounds together) and Bessemer Venture Partners (7 rounds together).

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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