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CRV

North America, California, United States, Palo Alto

Description

CRV, formerly Charles River Ventures, stands as one of the most enduring and respected venture capital firms in the United States, having been founded in 1970. With a rich history spanning over five decades, the firm has consistently focused on identifying and nurturing groundbreaking technology companies from their earliest stages. Headquartered in Palo Alto, California, with an additional presence in Boston, CRV has established itself as a prominent early-stage investor, primarily targeting Seed, Series A, and Series B rounds across the enterprise, consumer, and deep tech sectors.

The firm's investment philosophy centers on building deep, long-term partnerships with founders, often taking a lead role in funding rounds. CRV is known for its high-conviction approach, providing not just capital but also strategic guidance and operational support to help portfolio companies scale rapidly. Their expertise spans a wide array of technological innovations, from SaaS and cybersecurity to fintech, developer tools, and consumer platforms. This broad yet focused strategy has enabled them to back numerous category-defining companies that have gone on to achieve significant market impact.

CRV continues to be an active and well-capitalized investor in the venture ecosystem. In March 2024, the firm announced the closing of CRV XVIII, a new fund totaling $700 million dedicated to early-stage technology investments. This latest fund underscores their ongoing commitment to supporting the next generation of innovators. Typically, CRV's initial check sizes range from $1 million for promising Seed-stage ventures to upwards of $20 million for leading Series A or B rounds, reflecting their flexibility and capacity to support companies through critical growth phases. Their impressive portfolio includes notable successes such as DoorDash, Zendesk, Snowflake, Airtable, and Datadog, among many others, showcasing their consistent ability to identify and back future market leaders.

Investor Profile

CRV has backed more than 706 startups, with 31 new investments in the last 12 months alone. The firm has led 208 rounds, about 29% of its total and boasts 163 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Israel, Canada.
  • Strong thematic focus on Software, Information Technology, Enterprise Software.
  • Led 12 rounds in the past year.
  • Typical check size: $1M – $20M.

Stage Focus

  • Series A (27%)
  • Series B (23%)
  • Seed (18%)
  • Series C (15%)
  • Series Unknown (6%)
  • Series D (6%)
  • Series E (3%)
  • Pre Seed (1%)
  • Angel (1%)

Country Focus

  • United States (93%)
  • Israel (1%)
  • Canada (1%)
  • Spain (1%)

Industry Focus

  • Software
  • Information Technology
  • Enterprise Software
  • Saas
  • Artificial Intelligence (Ai)
  • Internet
  • Mobile
  • Health Care
  • Apps
  • E-commerce
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does CRV frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 24
M
North America, California, United States, San Francisco
Co-Investments: 24
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 24
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 26
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 27
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 26
SV Angel
North America, California, United States, San Francisco
Co-Investments: 44
Accel
North America, California, United States, Palo Alto
Co-Investments: 33
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 33
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 36

Which angels does CRV often collaborate with?

RC
North America, California, United States
Shared Deals: 4
GR
North America, California, United States, San Francisco
Shared Deals: 6
JC
North America, California, United States, San Francisco
Shared Deals: 4
PB
North America, California, United States, Mountain View
Shared Deals: 5
MB
North America, California, United States, San Francisco
Shared Deals: 6
KR
North America, Florida, United States, Miami
Shared Deals: 5
NR
North America, California, United States, San Francisco
Shared Deals: 13
ML
North America, California, United States, San Francisco
Shared Deals: 5
A"
North America, California, United States, San Francisco
Shared Deals: 5
SP
North America, California, United States, San Francisco
Shared Deals: 4

What are some of recent deals done by CRV?

Outtake

Brooklyn, New York, United States

Outtake is a digital trust platform automating threat classification, detection, and response to enhance enterprise cybersecurity measures.

Artificial Intelligence (AI)Cyber SecurityMachine Learning
Series BJan 28, 2026
Amount Raised: $40,000,000
Fulcrum

San Francisco, California, United States

Fulcrum is an AI-powered platform designed to help insurance account managers handle larger books of business more efficiently.

Artificial Intelligence (AI)InsuranceSoftware
Series AJan 27, 2026
Amount Raised: $25,000,000
Fulcrum

San Francisco, California, United States

Fulcrum is an AI-powered platform designed to help insurance account managers handle larger books of business more efficiently.

Artificial Intelligence (AI)InsuranceSoftware
SeedJan 27, 2026
Concourse

New York, New York, United States

Concourse is an AI agent platform that helps corporate finance teams by automating financial analysis, reporting, and data workflows.

Artificial Intelligence (AI)B2BGenerative AISoftware
Series AJan 27, 2026
Amount Raised: $12,000,000
humans&

Redwood City, California, United States

humans& operates as a frontier artificial intelligence research and product lab focused on human-centered AI systems and interaction models.

AI InfrastructureArtificial Intelligence (AI)Foundational AIGenerative AIInformation TechnologyMachine LearningSoftware
SeedJan 20, 2026
Amount Raised: $480,000,000
Protege

New City, New York, United States

Protege is the AI training data platform enabling seamless and compliant data exchange.

AnalyticsArtificial Intelligence (AI)Data Management
Series AJan 7, 2026
Amount Raised: $30,000,000
Vega

Tel Aviv-yafo, Tel Aviv, Israel

Vega Security offers cybersecurity services for cyberattack detection.

Cyber SecurityInformation TechnologySecurity
Series BDec 17, 2025
Amount Raised: $120,000,000
Valinor Discovery

San Francisco, California, United States

Valinor Discovery uses machine learning to simulate drug performance and support data-driven drug development decisions.

Artificial Intelligence (AI)BiotechnologyMachine Learning
SeedDec 10, 2025
Amount Raised: $13,000,000
7AI

Boston, Massachusetts, United States

7AI provides an AI-driven cybersecurity platform that utilizes AI agents to manage the full lifecycle of security operations.

Artificial Intelligence (AI)ComputerCyber SecurityNetwork SecuritySoftware
Series ADec 4, 2025
Amount Raised: $130,000,000
Tavus

San Francisco, California, United States

Tavus develops AI humans that remember and empathize, enabling seamless transitions across chat, voice, and video.

Artificial Intelligence (AI)Developer PlatformGenerative AISoftwareVideo
Series BNov 12, 2025
Amount Raised: $40,000,000

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