# Formation 8 Portfolio Map 2026: 28 Startups by Sector

> Formation 8's portfolio mapped: 28 startups it has backed, in 7 sectors from IT Services, AI and Big Data & Analytics on.

Source: https://millionrounds.com/portfolio-maps/formation-8-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## IT Services

6

- [Zerostack](https://millionrounds.com/company/zerostack)
- [Revinate](https://millionrounds.com/company/revinate)
- [Backplane](https://millionrounds.com/company/backplane)
- [honestbee](https://millionrounds.com/company/honestbee)
- [Tinyrx](https://millionrounds.com/company/tinyrx)
- [*M* Mapsense](https://millionrounds.com/company/mapsense)

## AI

5

- [*G* Glow](https://millionrounds.com/company/glow)
- [Vicarious](https://millionrounds.com/company/vicarious)
- [Utilidata](https://millionrounds.com/company/utilidata)
- [BetterWorks](https://millionrounds.com/company/betterworks)
- [Casetext](https://millionrounds.com/company/casetext)

## Big Data & Analytics

4

- [*R* RelateIQ](https://millionrounds.com/company/relateiq)
- [*C* Cazena](https://millionrounds.com/company/cazena)
- [Vertical Mass](https://millionrounds.com/company/vertical-mass)
- [*SC* Sensai Corporation](https://millionrounds.com/company/sensai-corporation)

## Fintech

4

- [Cape Analytics](https://millionrounds.com/company/cape-analytics)
- [Dealpath](https://millionrounds.com/company/dealpath)
- [Neighbor.ly](https://millionrounds.com/company/neighborly)
- [Zanbato](https://millionrounds.com/company/zanbato)

## Edtech

3

- [Kidaptive](https://millionrounds.com/company/kidaptive)
- [LearnSprout](https://millionrounds.com/company/learnsprout)
- [Radius](https://millionrounds.com/company/radius)

## Internet

3

- [Wish](https://millionrounds.com/company/wish)
- [Yello Mobile](https://millionrounds.com/company/yello-mobile)
- [*S* Super](https://millionrounds.com/company/super)

## Biotech

3

- [Guardant Health](https://millionrounds.com/company/guardant-health)
- [*CG* Color Genomics](https://millionrounds.com/company/color-genomics)
- [Wellframe](https://millionrounds.com/company/wellframe)

## Segment by segment

### IT Services

6 startups · $1.1B raised

- [**Zerostack**](https://millionrounds.com/company/zerostack) ZeroStack, Inc. United States $1.0B
- [**Revinate**](https://millionrounds.com/company/revinate) Revinate is a leading direct booking platform for the hospitality industry, helping over 12,500 hotels worldwide generate $24 bill United States $31M
- [**Backplane**](https://millionrounds.com/company/backplane) Backplane was founded in 2016 with the mission to make businesses more agile by making networks simpler, more efficient, adaptive, United States $19M
- [**honestbee**](https://millionrounds.com/company/honestbee) Honestbee was a Singaporean on-demand online grocery and delivery service provider, founded in July 2015. Singapore $15M
- [**Tinyrx**](https://millionrounds.com/company/tinyrx) tinyRx is an on-demand pharmacy delivery service that works to make sure you never wait in line for your pharmaceuticals again. United States $5.0M
- [*M* **Mapsense**](https://millionrounds.com/company/mapsense) Mapsense is a cloud-based platform that offers mapping analysis and visualization products built for big data. United States $2.5M

### AI

5 startups · $689M raised

- [*G* **Glow**](https://millionrounds.com/company/glow) United States $306M
- [**Vicarious**](https://millionrounds.com/company/vicarious) Vicarious is an artificial intelligence company that uses the computational principles of the brain to develop general intelligence. United States $122M
- [**Utilidata**](https://millionrounds.com/company/utilidata) Utilidata is an energy technology company founded in 2012 and backed by NVIDIA. United States $120M
- [**BetterWorks**](https://millionrounds.com/company/betterworks) Betterworks is an AI-native software company that specializes in performance management and talent intelligence. United States $95M
- [**Casetext**](https://millionrounds.com/company/casetext) Casetext is an AI legal research technology for litigators, helping researchers find cases. United States $46M

### Big Data & Analytics

4 startups · $116M raised

- [*R* **RelateIQ**](https://millionrounds.com/company/relateiq) RelateIQ offers a relationship intelligence platform that allows teams to track, share and analyze professional relationships. United States $69M
- [*C* **Cazena**](https://millionrounds.com/company/cazena) Cazena, Inc is a Massachusetts based company delivering fully-managed Big Data as a Service United States $38M
- [**Vertical Mass**](https://millionrounds.com/company/vertical-mass) Vertical Mass is a West Hollywood-based company founded in 2013 that specializes in data management and audience data for the ente United States $8.0M
- [*SC* **Sensai Corporation**](https://millionrounds.com/company/sensai-corporation) Acquired by Sovereign Intelligence. United States $1.3M

### Fintech

4 startups · $179M raised

- [**Cape Analytics**](https://millionrounds.com/company/cape-analytics) Cape Analytics provides AI and analytics services for properties. United States $75M
- [**Dealpath**](https://millionrounds.com/company/dealpath) Dealpath is a cloud-based real estate investment management platform that streamlines commercial real estate investment decisions United States $51M
- [**Neighbor.ly**](https://millionrounds.com/company/neighborly) Neighborly is the world’s largest home services company, founded in 1981 in Waco, Texas. United States $31M
- [**Zanbato**](https://millionrounds.com/company/zanbato) Zanbato is a financial technology company based in Mountain View, California, founded in 2010. United States $22M

### Edtech

3 startups · $44M raised

- [**Kidaptive**](https://millionrounds.com/company/kidaptive) Kidaptive is a media and technology company creating entertaining and adaptive content that helps children learn. United States $29M
- [**LearnSprout**](https://millionrounds.com/company/learnsprout) To help K-12 educators use data to analyze the past, understand the present, and anticipate the future. United States $7.5M
- [**Radius**](https://millionrounds.com/company/radius) Radius is a channel development company that empowers technology vendors seeking new routes to market through the resale channel. United States $7.0M

### Internet

3 startups · $1.1B raised

- [**Wish**](https://millionrounds.com/company/wish) Wish is an e-commerce shopping app, putting a digital shopping mall of affordable goods directly in the pockets of consumers worldwide. United States $879M
- [**Yello Mobile**](https://millionrounds.com/company/yello-mobile) Lead Change. South Korea $110M
- [*S* **Super**](https://millionrounds.com/company/super) China $74M

### Biotech

3 startups · $890M raised

- [**Guardant Health**](https://millionrounds.com/company/guardant-health) Guardant Health is a leading precision medicine company focused on transforming patient care and conquering cancer with data. United States $800M
- [*CG* **Color Genomics**](https://millionrounds.com/company/color-genomics) United States $60M
- [**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

**How this map is made.** Every startup here has raised money in a round we track that names Formation 8 as an investor, the first in 2012. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[VC firm · United States **Techstars** 1,119 startups · 12 sectors · $16B](https://millionrounds.com/portfolio-maps/techstars-portfolio-map)[VC firm · United States **Alumni Ventures** 745 startups · 12 sectors · $64B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-portfolio-map)[VC firm · United States **Andreessen Horowitz** 694 startups · 12 sectors · $497B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-portfolio-map)[VC firm · United States **Sequoia Capital** 651 startups · 12 sectors · $677B](https://millionrounds.com/portfolio-maps/sequoia-capital-portfolio-map)[VC firm · United States **SV Angel** 548 startups · 12 sectors · $79B](https://millionrounds.com/portfolio-maps/sv-angel-portfolio-map)[VC firm · United States **General Catalyst** 538 startups · 12 sectors · $230B](https://millionrounds.com/portfolio-maps/general-catalyst-portfolio-map)

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