# Eight Roads Ventures' Investments in United States: 39 Startups by Sector (2026)

> The 39 startups in the United States that Eight Roads Ventures has backed, by sector: Biotech, AI and Big Data & Analytics and more. $4.6B raised.

Source: https://millionrounds.com/portfolio-maps/eight-roads-investments-united-states (Millionrounds; every figure on the page links to its filing or article)

## Biotech

11

- [Denali Therapeutics](https://millionrounds.com/company/denali-therapeutics)
- [Beam Therapeutics](https://millionrounds.com/company/beam-therapeutics)
- [Coherus Biosciences](https://millionrounds.com/company/coherus-biosciences)
- [Semma Therapeutics](https://millionrounds.com/company/semma-therapeutics)
- [Adcentrx Therapeutics](https://millionrounds.com/company/adcentrx-therapeutics)
- [*AM* Amphora Medical](https://millionrounds.com/company/amphora-medical)
- [Wellframe](https://millionrounds.com/company/wellframe)
- [TandemAI](https://millionrounds.com/company/tandemai)
- [NFlection Therapeutics](https://millionrounds.com/company/nflection-therapeutics)
- [Tempest Therapeutics](https://millionrounds.com/company/tempest-therapeutics)
- [Tempest](https://millionrounds.com/company/tempest)

## AI

9

- [Pony.ai](https://millionrounds.com/company/pony-ai)
- [Innovusion](https://millionrounds.com/company/innovusion)
- [Gloat](https://millionrounds.com/company/gloat)
- [Safe Security](https://millionrounds.com/company/safe-security)
- [Walnut](https://millionrounds.com/company/walnut)
- [InsightFinder](https://millionrounds.com/company/insightfinder)
- [*U* Unbxd](https://millionrounds.com/company/unbxd)
- [Coho AI](https://millionrounds.com/company/coho-ai)
- [Rulai](https://millionrounds.com/company/rulai)

## Big Data & Analytics

5

- [Cloudian](https://millionrounds.com/company/cloudian)
- [Neo4j](https://millionrounds.com/company/neo4j)
- [Odaseva](https://millionrounds.com/company/odaseva)
- [HiLabs](https://millionrounds.com/company/hilabs)
- [Elucidata](https://millionrounds.com/company/elucidata)

## Healthtech

4

- [Engrail Therapeutics](https://millionrounds.com/company/engrail-therapeutics)
- [*Z* Zenflow](https://millionrounds.com/company/zenflow)
- [AvenCell](https://millionrounds.com/company/avencell)
- [*N* NOCD](https://millionrounds.com/company/nocd)

## Fintech

4

- [*P* Plaid](https://millionrounds.com/company/plaid)
- [MineralTree](https://millionrounds.com/company/mineraltree)
- [Stockpile](https://millionrounds.com/company/stockpile)
- [Tradier](https://millionrounds.com/company/tradier)

## Advertising & Adtech

2

- [Kaizen Platform](https://millionrounds.com/company/kaizen-platform)
- [Doceree](https://millionrounds.com/company/doceree)

## IT Services

2

- [Icertis](https://millionrounds.com/company/icertis)
- [ownCloud](https://millionrounds.com/company/owncloud)

## Pharma

2

- [Invetx](https://millionrounds.com/company/invetx)
- [Arnatar Therapeutics](https://millionrounds.com/company/arnatar-therapeutics)

## Segment by segment

### Biotech

11 startups · $1.5B raised

- [**Denali Therapeutics**](https://millionrounds.com/company/denali-therapeutics) Denali Therapeutics is dedicated to defeating neurodegenerative diseases to deliver safe and effective medicines to patients and families. United States $547M
- [**Beam Therapeutics**](https://millionrounds.com/company/beam-therapeutics) Beam Therapeutics is a biotechnology company developing precision genetic medicines through the use of base editing technology. United States $322M
- [**Coherus Biosciences**](https://millionrounds.com/company/coherus-biosciences) Coherus Biosciences develops, manufactures, and commercializes biologic therapeutics for oncology and inflammatory diseases. United States $299M
- [**Semma Therapeutics**](https://millionrounds.com/company/semma-therapeutics) Semma Therapeutics was founded to develop transformative therapies for Type 1 diabetes patients. United States $158M
- [**Adcentrx Therapeutics**](https://millionrounds.com/company/adcentrx-therapeutics) Adcentrx Therapeutics is a clinical-stage biotechnology company based in San Diego, California, founded in 2021. United States $51M
- [*AM* **Amphora Medical**](https://millionrounds.com/company/amphora-medical) Amphora Medical is a Minnesota-based developer of medical devices and instruments. United States $36M
- [**Wellframe**](https://millionrounds.com/company/wellframe) Wellframe is a digital health management platform that enhances member engagement for health insurance plans through technology-en United States $30M
- [**TandemAI**](https://millionrounds.com/company/tandemai) TandemAI is a biotechnology and advanced technology company founded in 2021, focused on enhancing global drug discovery. United States $26M

### AI

9 startups · $1.3B raised

- [**Pony.ai**](https://millionrounds.com/company/pony-ai) Leading global autonomous driving technology company Pony.ai, Inc. United States $875M
- [**Innovusion**](https://millionrounds.com/company/innovusion) Innovusion is an autonomous vehicle LiDAR technology developer. United States $148M
- [**Gloat**](https://millionrounds.com/company/gloat) Gloat is an AI-native workforce orchestration platform that originated as the first Internal Talent Marketplace. United States $115M
- [**Safe Security**](https://millionrounds.com/company/safe-security) Safe Security is a cybersecurity firm that specializes in cyber risk quantification and management. United States $70M
- [**Walnut**](https://millionrounds.com/company/walnut) Walnut is a manufacturing firm that provides wastewater system design and manufacturing services, as well as nutrient recovery surveys. United States $35M
- [**InsightFinder**](https://millionrounds.com/company/insightfinder) InsightFinder is a software company that provides monitoring and predictive analytics services for IT operations. United States $17M
- [*U* **Unbxd**](https://millionrounds.com/company/unbxd) United States $15M
- [**Coho AI**](https://millionrounds.com/company/coho-ai) Coho AI provides a product-led revenue platform to help software-as-a-service companies focus on the right revenue opportunities. United States $8.5M

### Big Data & Analytics

5 startups · $513M raised

- [**Cloudian**](https://millionrounds.com/company/cloudian) Cloudian is a file and object storage company that provides hybrid cloud data management software. United States $324M
- [**Neo4j**](https://millionrounds.com/company/neo4j) Neo4j is a global leader in graph intelligence, recognized for its Neo4j Graph Database, a native graph database management system. United States $80M
- [**Odaseva**](https://millionrounds.com/company/odaseva) Odaseva is an enterprise data security platform founded in 2012, specializing in securing, managing, and governing data for large- United States $54M
- [**HiLabs**](https://millionrounds.com/company/hilabs) HiLabs is a U.S.-based B2B SaaS health technology company founded in 2014. United States $39M
- [**Elucidata**](https://millionrounds.com/company/elucidata) Elucidata is a life sciences MLOps and techbio company founded in 2015, headquartered in San Francisco, California, with significa United States $16M

### Healthtech

4 startups · $298M raised

- [**Engrail Therapeutics**](https://millionrounds.com/company/engrail-therapeutics) Engrail Therapeutics is a clinical-stage pharmaceutical company based in San Diego, California, founded in 2019. United States $157M
- [*Z* **Zenflow**](https://millionrounds.com/company/zenflow) United States $56M
- [**AvenCell**](https://millionrounds.com/company/avencell) AvenCell Therapeutics, Inc. United States $46M
- [*N* **NOCD**](https://millionrounds.com/company/nocd) United States $39M

### Fintech

4 startups · $816M raised

- [*P* **Plaid**](https://millionrounds.com/company/plaid) United States $674M
- [**MineralTree**](https://millionrounds.com/company/mineraltree) MineralTree provides mobile and online accounts payable automation software for finance professionals at growing organizations. United States $69M
- [**Stockpile**](https://millionrounds.com/company/stockpile) Stockpile is a financial technology company based in Palo Alto, California, founded in 2010. United States $45M
- [**Tradier**](https://millionrounds.com/company/tradier) Tradier is a cloud-based financial technology and brokerage firm based in Charlotte, North Carolina. United States $28M

### Advertising & Adtech

2 startups · $17M raised

- [**Kaizen Platform**](https://millionrounds.com/company/kaizen-platform) Kaizen is a full-service digital customer experience optimization platform that scales data-driven creativity. United States $13M
- [**Doceree**](https://millionrounds.com/company/doceree) Doceree provides marketing solutions for pharmaceutical and healthcare brands to connect with healthcare professionals (HCPs). United States $4.2M

### IT Services

2 startups · $95M raised

- [**Icertis**](https://millionrounds.com/company/icertis) Icertis is a leading provider of AI-powered contract intelligence and enterprise contract lifecycle management (CLM) software, bas United States $81M
- [**ownCloud**](https://millionrounds.com/company/owncloud) ownCloud, an open-source project that enables businesses to host their own cloud storage while maintaining regulatory and compliance needs. United States $14M

### Pharma

2 startups · $113M raised

- [**Invetx**](https://millionrounds.com/company/invetx) Invetx is a veterinary therapeutics company that develops protein-based therapeutics for the treatment of various animal diseases. United States $61M
- [**Arnatar Therapeutics**](https://millionrounds.com/company/arnatar-therapeutics) Arnatar Therapeutics is a biotechnology company founded in 2022, based in San Diego, California, with operations in Shanghai, China. United States $52M

**How this map is made.** Every startup here has raised money in a round we track that names Eight Roads Ventures as an investor and is based in United States. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **Eight Roads Ventures portfolio map** 103 startups · $8.2B](https://millionrounds.com/portfolio-maps/eight-roads-portfolio-map)[Co-investors **Who invests with Eight Roads Ventures** 68 co-investors](https://millionrounds.com/portfolio-maps/eight-roads-co-investors)[Sector portfolio **Eight Roads Ventures' Biotech portfolio** 24 startups · $2.6B](https://millionrounds.com/portfolio-maps/eight-roads-biotech-portfolio)[Sector portfolio **Eight Roads Ventures' AI portfolio** 16 startups · $2.0B](https://millionrounds.com/portfolio-maps/eight-roads-ai-portfolio)[Investments abroad **Index Ventures' investments in the United States** 217 startups · $50B](https://millionrounds.com/portfolio-maps/index-ventures-investments-united-states)[Investments abroad **Bossa Invest's investments in the United States** 161 startups · $6.5B](https://millionrounds.com/portfolio-maps/bossa-invest-investments-united-states)

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