# U.S. Venture Partners: portfolio, investments and team

> U.S. Venture Partners is a vc firm based in United States. 534 investments on record, 41 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/u-s-venture-partners-usvp (Millionrounds; every figure on the page links to its filing or article)

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

# U.S. Venture Partners

Last cheque observed Sep 2026; 534 cheques on record.

Email

Deploying now New fund $369M, Jul 2026 VC firm

Seed Series A Cybersecurity Enterprise Software Consumer

Follow U.S. Venture Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fu-s-venture-partners-usvp)

Deploying now

**77%** of best year **41** **cheques in 12 months**, 534 on record

Since the last cheque **46** days **00** hrs **00** min **00** sec

Median round **$15M** Cheque size, as they say **$5.0M – $10M** Rounds led **8 of 534** Sole investor **22 rounds** Exits **60 from the portfolio** Mostly in **United States, 85%**

Pitch U.S. Venture Partners

## U.S. Venture Partners highlights

- 01 41 cheques in the last 12 months
- 02 Mostly Series B and Venture: 46% of its rounds
- 03 Sole investor in 22 rounds, median $4.1M
- 04 60 exits from the portfolio

## What they do

> U.S. Venture Partners (USVP) is a leading Silicon Valley venture capital firm, partnering with entrepreneurs to transform their ideas into world-changing companies. From their own website

- **Type:** VC firm
- **Cheque size:** $5.0M – $10M as they say
- **Stages:** Seed Series A
- **Sectors:** Cybersecurity Enterprise Software Consumer
- **Based in:** Menlo Park, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **534 appearances**

- **2026** 29 rounds
- **Sept** **[ReEmerge, Inc.](https://millionrounds.com/company/reemerge-inc)** Series A · US · Firms' own news pages **$37M** *Led*
- **Sept** **[Tile.ai](https://millionrounds.com/company/tile-ai)** Venture **$34M** With 5 others
- **Sept** **[Sol](https://millionrounds.com/company/sol)** Seed · US **$4.0M** With 4 others
- **Sept** **[Lightsage](https://millionrounds.com/company/lightsage)** Seed · US **$4.0M** With 1 other
- **Sept** **[Firecrawl](https://millionrounds.com/company/firecrawl)** Series B · US **$75M** With 4 others
- **Sept** **[IAMBIC](https://millionrounds.com/company/iambic)** Debt · US **$66M** With 5 others
- **Aug** **[Traydstream](https://millionrounds.com/company/traydstream)** Venture · GB **$11M** With 2 others
- **Aug** **[Naive](https://millionrounds.com/company/naive-2)** Series A · US **$29M** With 5 others
- **Jul** **[Rocketlane](https://millionrounds.com/company/rocketlane)** Venture · US **$60M** With 4 others
- **Jul** **[Clean Crop Technologies](https://millionrounds.com/company/clean-crop-technologies)** Venture · US **$7.9M** With 2 others
- **Jun** **[Pramaana Labs](https://millionrounds.com/company/pramaana-labs)** Seed · IN · Inc42 **$27M** With 7 others
- **Jun** **[Ona Therapeutics](https://millionrounds.com/company/ona-therapeutics)** Series B · ES · Asabys **$87M** With 11 others
- **Jun** **[Tolerance Bio](https://millionrounds.com/company/tolerance-bio)** Venture · US **Undisclosed** Sole investor
- **Jun** **[Daloopa](https://millionrounds.com/company/daloopa)** Series C · US · AlleyWatch **$47M** With 8 others
- **Jun** **[TensorWave](https://millionrounds.com/company/tensorwave)** Series B · US **$350M** With 1 other
- **May** **[Triomics](https://millionrounds.com/company/triomics)** Venture · US **Undisclosed** With 5 others
- **May** **[Contrario](https://millionrounds.com/company/contrario)** Seed · US **$500K** With 3 others
- **Apr** **[Avoca](https://millionrounds.com/company/avoca)** US · AlleyWatch **$125M** With 7 others
- **Apr** **[Nervonik Inc.](https://millionrounds.com/company/nervonik-inc)** Series B · US · Ventureburn **$53M** With 6 others
- **Apr** **[Orkes](https://millionrounds.com/company/orkes)** Series B · US · Ventureburn **$60M** With 6 others
- **Apr** **[OpenObserve](https://millionrounds.com/company/openobserve)** Series A · US **$10M** With 2 others
- **Apr** **[TriFetch](https://millionrounds.com/company/trifetch)** Pre-seed · US **$1.9M** With 1 other
- **Feb** **[Slang AI](https://millionrounds.com/company/slang-ai)** Series B · US · Ventureburn **$36M** *Led*
- **Feb** **[Neysa](https://millionrounds.com/company/neysa)** Growth · IN · TechCrunch **$600M** With 6 others
- **Feb** **[Wootz.work](https://millionrounds.com/company/wootz-work)** Series A **$6.6M** With 2 others
- **Jan** **[Liquidnitro Games](https://millionrounds.com/company/liquidnitro-games)** Series A **$19M** With 1 other
- **Jan** **[AssetPlus](https://millionrounds.com/company/assetplus)** Series B **$19M** With 5 others
- **Jan** **[Sibros](https://millionrounds.com/company/sibros)** Venture · US **$9.0M** With 5 others
- **Jan** **[Rapido](https://millionrounds.com/company/rapido)** Venture **Undisclosed** With 4 others
- **2025** 53 rounds
- **Dec** **[Multifactor](https://millionrounds.com/company/multifactor)** Seed · US · TechStartups **$15M** With 8 others
- **Dec** **[Ciphero AI](https://millionrounds.com/company/ciphero-ai)** Pre-seed · US **$2.5M** With 3 others
- **Dec** **[Icarus](https://millionrounds.com/company/icarus)** Pre-seed · US **$500K** With 3 others
- **Dec** **[Elecbits](https://millionrounds.com/company/elecbits)** Series A **$5.5M** With 1 other
- **Nov** **[Apono](https://millionrounds.com/company/apono)** Series B · US · Swisscom Ventures **$34M** *Led*
- **Nov** **[Accipiter Biosciences](https://millionrounds.com/company/accipiter-biosciences)** Seed · US · Columbus Venture Partners **$13M** With 8 others
- **Nov** **[Clean Crop Technologies](https://millionrounds.com/company/clean-crop-technologies)** Venture · US **$7.9M** With 3 others
- **Nov** **[Ember Copilot](https://millionrounds.com/company/ember-copilot)** Seed · US **$4.3M** With 4 others
- **Nov** **[IAMBIC](https://millionrounds.com/company/iambic)** Venture · US **$100M** With 5 others
- **Nov** **[myUpchar](https://millionrounds.com/company/myupchar)** Venture **Undisclosed** With 3 others
- **Nov** **[Nektar.ai](https://millionrounds.com/company/nektar-ai)** Seed · SG **$2.0M** With 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 registration **7 named**

CM **Casey M Tansey** Managing Member of the General Partner i Filing they signed

DT **Dafina Toncheva** Managing Member of the General Partner i Filing they signed

DH **Dale H. Holladay** Chief Finanical Officer i Form ADV

JD **Jonathan D Root** Managing Member of the General Partner i Filing they signed

RW **Richard W Lewis** Managing Member of the General Partner i Filing they signed

RM **Rick M Lewis** Managing Member of the General Partner i Filing they signed

SM **Steven M Krausz** Managing Member of the General Partner i Filing they signed

We also hold **17** 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

**$1.7B** gross assets of its funds Oct 2026

**9+** funds on file numbered funds in its name

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

- **Legal name:** USVP Management Company LLC
- **SEC number:** CRD 160112

Who backs their funds

## 1 LP on record in U.S. Venture Partners's funds

- **Committed:** $119M
- **Funds:** 4
- **Vintages:** 1996 to 2001

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

- [**Washington State Investment Board** 4 funds *$119M*](https://millionrounds.com/fund/washington-state-investment-board) Fund Vintage Committed U.S. Venture Partners VIII 2001 $54M U.S. Venture Partners VII 2000 $39M U.S. Venture Partners VI 1999 $16M U.S. Venture Partners V 1996 $10M

## Exits from the portfolio

Companies it backed that were later bought or listed **60 in all**

**[DriveScale](https://millionrounds.com/company/drivescale)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Jan 2021

**[Livefyre](https://millionrounds.com/company/livefyre)** Bought by [Adobe](https://millionrounds.com/fund/adobe) **Undisclosed** May 2016

**[Akros Silicon](https://millionrounds.com/company/akros-silicon)** Bought by Kinetic Technologies **Undisclosed** Sept 2015

**[Blekko](https://millionrounds.com/company/blekko)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Mar 2015

**[Total Beauty Media](https://millionrounds.com/company/total-beauty-media)** Bought by Evolve Media, LLC **Undisclosed** Mar 2015

**[Readyforce](https://millionrounds.com/company/readyforce)** Bought by LookSharp (powering InternMatch) **Undisclosed** Dec 2014

**[Armor5](https://millionrounds.com/company/armor5)** Bought by Digital Guardian **Undisclosed** Oct 2014

**[MegaPath](https://millionrounds.com/company/megapath)** Bought by GC Pivotal LLC dba Global Capacity **Undisclosed** Sept 2014

**[Trunk Club](https://millionrounds.com/company/trunk-club)** Bought by [Nordstrom](https://millionrounds.com/fund/nordstrom) **$350M** Jul 2014

**[AtheroMed](https://millionrounds.com/company/atheromed)** Bought by Volcano Corporation **$117M** May 2014

**[Karmasphere](https://millionrounds.com/company/karmasphere)** Bought by FICO (Fair Isaac Corporation) **Undisclosed** Apr 2014

**[Synarc](https://millionrounds.com/company/synarc)** Bought by BioClinica **Undisclosed** Mar 2014

**[Accumetrics](https://millionrounds.com/company/accumetrics)** Bought by [ITC](https://millionrounds.com/fund/itc) **Undisclosed** Aug 2013

**[Trusteer](https://millionrounds.com/company/trusteer)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **$800M** Aug 2013

**[OncoMed Pharmaceuticals](https://millionrounds.com/company/oncomed-pharmaceuticals)** Listed **$82M** Jul 2013

**[Redwood Systems](https://millionrounds.com/company/redwood-systems)** Bought by CommScope **$60M** Jul 2013

**[Instantis](https://millionrounds.com/company/instantis)** Bought by [Oracle Corporation](https://millionrounds.com/fund/oracle) **Undisclosed** Nov 2012

**[CiraNova](https://millionrounds.com/company/ciranova)** Bought by [Synopsys](https://millionrounds.com/fund/synopsys) **Undisclosed** Jul 2012

**[Yammer](https://millionrounds.com/company/yammer)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$1.2B** Jun 2012

**[SocialShield](https://millionrounds.com/company/socialshield)** Bought by Avira **Undisclosed** Mar 2012

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

New fund on file

**$369M**

raised in Jul 2026

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

## The cheque

Seed Series A

Median round joined **$15M** the round, not its cheque Alone, median **$4.1M**

Led 8 of 534 rounds **1%**

- **Said size:** $5.0M – $10M
- **Sole investor:** 22 rounds
- **Last cheque:** Sept 2026
- **Exits:** 60 from the portfolio

Rounds by stage said on their site

- Series B *116*
- Venture *104*
- Series A said *94*
- Series C *84*
- Series D *43*
- Seed said *40*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) 149
- [Venrock](https://millionrounds.com/fund/venrock) 36
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 26
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 23
- [Battery Ventures](https://millionrounds.com/fund/battery-ventures) 16
- [DFJ](https://millionrounds.com/fund/dfj) 15

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

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## Who they invest alongside

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

[**Nexus Venture Partners** VC firm **149** rounds together](https://millionrounds.com/fund/nexus-venture-partners)[**Venrock** VC firm **36** rounds together](https://millionrounds.com/fund/venrock)[**Y Combinator** Accelerator **26** rounds together](https://millionrounds.com/fund/y-combinator)[**New Enterprise Associates** VC firm **23** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Battery Ventures** VC firm **16** rounds together](https://millionrounds.com/fund/battery-ventures)[**DFJ** VC firm **15** rounds together](https://millionrounds.com/fund/dfj)[**Mayfield Fund** VC firm **15** rounds together](https://millionrounds.com/fund/mayfield)[**CMEA Ventures** VC firm **14** rounds together](https://millionrounds.com/fund/cmea-capital)[**Norwest Venture Partners** VC firm **14** rounds together](https://millionrounds.com/fund/norwest)[**First Round Capital** VC firm **13** rounds together](https://millionrounds.com/fund/first-round-capital)[**Morgenthaler Ventures** VC firm **13** rounds together](https://millionrounds.com/fund/morgenthaler)[**Sequoia Capital** VC firm **12** rounds together](https://millionrounds.com/fund/sequoia-capital)

## Recently backed

The latest companies U.S. Venture Partners put money into.

[**Lightsage** $4.0M · Sept 2026](https://millionrounds.com/company/lightsage)[**IAMBIC** $66M · Sept 2026](https://millionrounds.com/company/iambic)[**Traydstream** $11M · Aug 2026](https://millionrounds.com/company/traydstream)[**Rocketlane** $60M · Jul 2026](https://millionrounds.com/company/rocketlane)[**Ona Therapeutics** $87M · Jun 2026](https://millionrounds.com/company/ona-therapeutics)[**Tolerance Bio** Jun 2026](https://millionrounds.com/company/tolerance-bio)

## Quick answers about U.S. Venture Partners

### What does U.S. Venture Partners invest in?

U.S. Venture Partners invests most often at Series B and Venture (46% of the rounds on record), in sectors such as Cybersecurity, Enterprise Software and Consumer.

### How active is U.S. Venture Partners?

534 investments on record, 41 of them in the last 12 months, and it led 8. The most recent was in Sept 2026.

### What has U.S. Venture Partners invested in recently?

Its most recent investments on record: ReEmerge, Inc. (Series A, Sept 2026), Tile.ai (Venture, Sept 2026) and Sol (Seed, Sept 2026).

### How big are U.S. Venture Partners's cheques?

The median round it joins is $15M. It says it writes cheques of $5.0M to $10M.

### Does U.S. Venture Partners lead rounds?

Sometimes: it led 8 of its 534 investments on record (1%).

### Where does U.S. Venture Partners invest?

Most of the companies it backs are in the United States (85%) and India (6%).

### Is U.S. Venture Partners investing now?

Yes: it is actively investing, with 41 investments in the last 12 months.

### Who does U.S. Venture Partners invest alongside?

Most often Nexus Venture Partners (149 rounds together), Venrock (36 rounds together) and Y Combinator (26 rounds together).

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