Portfolio map · VC firm · United States

Initialized Capital portfolio map

120 startups Initialized Capital has backed in rounds we track, since 2012, grouped by their main sector. Together they have raised $17B; Initialized Capital led at least one round in 9 of them. The biggest sector is AI, with 30 companies.

120startups backed
12sectors
$17Braised between them
AIbiggest sector

Initialized Capital's investor profile

AI

30

+6 more

Web3 & Crypto

15

Fintech

13

Big Data & Analytics

10

Healthtech

8

IT Services

7

Internet

7

Advertising & Adtech

7

Logistics

6

Aerospace & Space

6

Consumer Apps

6

Enterprise Software

5

Segment by segment

AI

30 startups · $12B raised

  1. CohereCohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language moCanada$5.6B
  2. CruiseUnited States$2.0B
  3. AtomsUnited States$1.7B
  4. Valar AtomicsValar Atomics is a U.S.-based advanced nuclear energy startup founded in 2023 and headquartered in El Segundo, California.United States$1.6B
  5. VicariousVicarious is an artificial intelligence company that uses the computational principles of the brain to develop general intelligence.United States$122M
  6. Standard CognitionCheckout Technologies creates AI powered technologies to reshape and enhance the relationship between physical retailers and shoppers.United States$86M
  7. PermitFlowPermitFlow is an AI-powered pre-construction platform that automates the construction permitting lifecycle for builders, developerUnited States$54M
  8. SabiSABI is a software company that offers business consultancy, smart home integration, and web application development services.United States$50M

Web3 & Crypto

15 startups · $465M raised

  1. Ava LabsAva Labs is a technology company based in New York City, specializing in blockchain innovation and the development of digital asseUnited States$230M
  2. TRM LabsTRM Labs is a blockchain intelligence company based in San Francisco, founded in 2018.United States$74M
  3. PingLearn more about PING&s latest clubs including the G440 Family, i530 & i240 Irons, Scottsdale Putters, and more.United States$33M
  4. KKNXChina$30M
  5. TTDE-$28M
  6. BTBison TrailsUnited States$26M
  7. Mino GamesMino Games, based in Montreal, Quebec, is a prominent Canadian mobile gaming studio founded in 2011 by Josh Buckley and Sasha MacKinnon.United States$20M
  8. AzuraAzura is an onchain trading platform that simplifies decentralized finance (DeFi) trading.United States$6.9M

Fintech

13 startups · $197M raised

  1. Long-Term Stock ExchangeThe Long-Term Stock Exchange designs an SEC-regulated national securities exchange that aligns great companies and long-term investors.United States$50M
  2. True Link FinancialTrue Link is a diversified financial services firm dedicated to providing services for at-risk demographics such as the elderly anUnited States$42M
  3. Runway FinancialRunway is a SaaS company that offers a planning platform that allows businesses to create, manage, and share financial models and plans.United States$28M
  4. RoutefusionRoutefusion is a financial infrastructure provider based in Austin, Texas, focused on cross-border payments and global banking-as-United States$27M
  5. LandedLanded helps essential professionals buy homes and build financial security near the communities they serve.United States$20M
  6. CalizaCaliza Financial Technologies, Inc., commonly known as Caliza, is a global fintech company based in São Paulo, Brazil, with a corpUnited States$8.5M
  7. DeepNightDeepnight Inc, based in San Francisco, is a defense and artificial intelligence startup founded in 2023 by former Google engineersUnited States$5.5M
  8. TANDATANDA is a fintech company that makes financial security accessible to everyone through lending and savings circles.United States$4.5M

Big Data & Analytics

10 startups · $421M raised

  1. HeapHeap is a platform that provides analytics infrastructure to reduce the annoying parts of user analytics.United States$205M
  2. RescaleRescale is a cloud simulation platform that enables research scientists and engineers to build, compute, analyze, and scale simulations.United States$167M
  3. Vibe BioVibe Bio is a community of patients, scientists, and partners committed to identifying, funding, and developing promising treatments.United States$12M
  4. Insight Data ScienceInsight Data Science is an intensive seven week post-doctoral training fellowship bridging the gap between academia and data science.United States$11M
  5. RobocurveRobocurve is a Public Benefit Corporation forecasting physical automation to help society understand the pace of robotic progress.United States$10M
  6. NNarratorIntegrated voice services ecosystem/platform-$6.2M
  7. TaplyticsTaplytics is a customer experience automation platform that helps product and development teams enhance the customer journey throuUnited States$5.0M
  8. ChartableChartable builds world-class tools for the podcast industry, starting with podcast analytics for creators.-$2.3M

Healthtech

8 startups · $207M raised

  1. TruepillThe FuzeRx pharmacy services business integrates Dispensing, Access+ hub services, API connectivity, and white-labeling into a comUnited States$155M
  2. CurioCurio is a game studio that specializes in blockchain-based, on-chain games.United States$14M
  3. BodyportBodyport is a San Francisco-based digital therapeutics and health technology company founded in 2014.United States$11M
  4. PapaPapa is a human care network and family care platform based in Miami, Florida.United States$10M
  5. Simple HealthKitSimple HealthKit is a provider of healthcare services for education, retail, payers and providers.United States$8.0M
  6. Mable (Neurolytic Healthcare)Mable Health is a Canadian company focused on mobility care and musculoskeletal health.United Kingdom$3.2M
  7. VetcoveVetcove is a B2B e-commerce and mobile platform focused on improving the animal health supply chain.United States$3.0M
  8. BristleBristle helps you measure, understand, and improve your oral health.United States$3.0M

IT Services

7 startups · $28M raised

  1. STSentropy TechnologiesSentropy is a machine learning-powered tools to protect digital communities from hate and harassment.-$13M
  2. DyspatchDyspatch is a cloud-based email production and content management platform that simplifies the creation, approval, localization, aCanada$6.0M
  3. ZentailZentail, Inc.United States$5.0M
  4. PushbulletPushbullet is a software company that enhances connectivity between phones, tablets, and computers.United States$1.5M
  5. ButtercoinButtercoin | Trade Bitcoin with Ease.United States$1.3M
  6. PNPerceptual NetworksPerceptual Networks develops products that help users find the right people, such as the right employees, activity partners, and others.United States$1.0M
  7. NewHiveNewHive is the blank canvas for the web.United States$747K

Internet

7 startups · $2.2B raised

  1. InstacartInstacart is an online grocery platform that offers same-day delivery and pickup services for retailers and consumers.United States$2.1B
  2. SSecretSecret is an internet service-based company.United States$35M
  3. CleanlyCleanly creates an alternative to their clients typical laundry and dry cleaning experience.United States$14M
  4. Creative MarketCreative Market is a marketplace for ready-to-use design assets from independent creators around the world.United States$9.3M
  5. GirlbossGirlboss is a digital and physical community for ambitious women.United States$5.5M
  6. KnowableKnowable provides legal services.United States$4.0M
  7. KicksendKicksend is a web, mobile and desktop app that provides an easy solution for printing and sending photographs.United States$2.8M

Advertising & Adtech

7 startups · $93M raised

  1. LobLob is a direct mail automation platform based in San Francisco, founded in 2013.United States$30M
  2. SSurvataUnited States$22M
  3. AdQuickAdQuick is an out-of-home (OOH) advertising technology platform that simplifies the planning, buying, and measurement of outdoor aUnited States$21M
  4. UpwaveUpwave .Germany$14M
  5. PolisPolis develops a cross-platform application that offers door-to-door sales, lead generation and political canvassing solutions.United States$3.8M
  6. HerHER is a dating application for FLINTA & queer women, allowing users to connect with each other and their community.United Kingdom$2.0M
  7. MonogramMonogram is a digital agency from Atlanta.United States$1.2M

Logistics

6 startups · $1.7B raised

  1. FlexportFlexport is a technology-driven logistics and supply chain platform founded in 2013 in San Francisco.United States$1.6B
  2. OrderfulOrderful is a San Francisco-based SaaS company that offers a modern Electronic Data Interchange (EDI) platform.United States$60M
  3. VVoyageUnited States$44M
  4. EasyPostEasyPost is a B2B shipping API platform founded in 2012 and headquartered in Lehi, Utah.United States$28M
  5. Terminal49Terminal49 is a logistics technology company that offers an all-in-one container tracking and execution platform.United States$6.5M
  6. BellhopBellhop combines the major ride sharing apps into one, giving you the freedom to find the best ride at the best price.United States$450K

Aerospace & Space

6 startups · $92M raised

  1. AlbedoAlbedo, also known as Albedo Space, is an American aerospace company based in Broomfield, Colorado.United States$35M
  2. Beyond AeroBeyond Aero, operating as Hangarar Intermediação e Suporte Aeronáutico Ltda., is a Brazilian aviation technology company based in France$20M
  3. Star CatcherStar Catcher creates first energy grid for space.United States$12M
  4. HAHop AeroHop Aero develops hypersonic rocket cargo systems for rapid point-to-point delivery in contested environments.United States$12M
  5. Kayhan SpaceKayhan Space is a U.S.-based space technology company founded in 2019, located in Broomfield, Colorado.United States$7.0M
  6. SpaceiumSpaceium develops a spacecraft docking system to support interplanetary missions.Canada$6.3M

Consumer Apps

6 startups · $25M raised

  1. Mast MobileMast provides an integrated communications platform for enterprises and individuals.United States$12M
  2. HeyHey is making the Internet a friendly place, allowing you to discuss, ask and read insights on any website.United States$3.7M
  3. CronNext-generation calendar for professionals and teams-$3.4M
  4. GGloriaGloria is a platform where players can share their videos and get discovered.-$3.0M
  5. KashPermissionless, social-native flash prediction markets.United States$2.0M
  6. StatusStatus is a customer account platform that builds stronger relationships with repeat shoppers.United States$750K

Enterprise Software

5 startups · $436M raised

  1. ArenaArena is a community-powered AI platform developed by UC Berkeley researchers to evaluate large language models (LLMs) using real-United States$401M
  2. TigerEye株式会社TIGEREYE is a Japan-based AI company that focuses on integrating computer vision and generative AI to address social and operaUnited States$30M
  3. Outbound.ioOutbound.io is a web-based tool that organizes the messages its users send around the actions their customers take.United States$2.1M
  4. DocucharmAutomate paperwork by turning documents into structured dataUnited States$2.0M
  5. NanoVMsNanoVMs is a privately held company based in San Francisco, California, specializing in unikernel infrastructure, tooling, and services.United States$375K

How this map is made. Every startup here has raised money in a round we track that names Initialized Capital 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.

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