
Costanoa Ventures
Description
Costanoa Ventures is a prominent venture capital firm based in Palo Alto, California, specializing in early-stage investments within the enterprise technology sector. The firm primarily targets Formation, Seed, and Series A rounds, focusing on companies that are poised to redefine business operations through innovative software, data infrastructure, and fintech solutions. Their investment philosophy centers on partnering with visionary founders from the earliest stages, providing not just capital but also strategic guidance and access to a robust network.
The firm has a strong track record of backing companies that leverage data and artificial intelligence to create significant market advantages. Costanoa Ventures seeks out disruptive technologies and business models that address critical enterprise needs, demonstrating a keen understanding of the evolving landscape of B2B software. Their portfolio reflects a commitment to foundational technologies that enable businesses to operate more efficiently, intelligently, and securely.
Costanoa Ventures has consistently raised substantial funds to support its investment strategy. For instance, the firm announced the close of Costanoa Ventures V in 2022, a fund totaling $350 million dedicated to continuing its early-stage investment focus. This capital allows them to make meaningful initial investments and provide follow-on funding as their portfolio companies grow. Typically, Costanoa Ventures writes initial checks ranging from $1 million to $10 million, depending on the stage and specific needs of the startup.
Their team, led by founding partner Greg Sands, brings a wealth of operational experience alongside investment acumen. This blend of expertise allows Costanoa to offer hands-on support to founders, helping them navigate the challenges of product-market fit, team building, and rapid growth. The firm's disciplined yet founder-friendly approach has established it as a respected partner in the Silicon Valley ecosystem and beyond, contributing to the success of numerous high-growth enterprise technology companies.
Investor Profile
Costanoa Ventures has backed more than 220 startups, with 22 new investments in the last 12 months alone. The firm has led 91 rounds, about 41% of its total and boasts 22 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, Australia, Brazil.
- Strong thematic focus on Software, SaaS, Information Technology.
- Led 11 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Series A (31%)
- Seed (26%)
- Series B (20%)
- Series Unknown (9%)
- Series C (5%)
- Pre Seed (3%)
- Series D (2%)
- Series E (1%)
- Series G (1%)
- Private Equity (1%)
Country Focus
- United States (90%)
- Australia (2%)
- Brazil (2%)
- Norway (1%)
- Canada (1%)
- Sweden (1%)
- Mexico (1%)
Industry Focus
- Software
- Saas
- Information Technology
- Artificial Intelligence (Ai)
- Analytics
- Machine Learning
- Financial Services
- Security
- Cyber Security
- Enterprise Software
Frequently Asked Questions
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