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Granite Ventures

North America, California, United States, San Francisco

Description

Granite Ventures is a well-established venture capital firm based in San Francisco, California, with a long-standing commitment to investing in early-stage technology companies. Founded in 1998, the firm has consistently focused on providing capital and strategic guidance to startups across various technology sectors, including enterprise software, cloud computing, cybersecurity, and digital media. Their investment philosophy centers on partnering with strong management teams building disruptive technologies.

The firm primarily targets seed and early-stage opportunities, typically participating in Series A and sometimes Series B rounds. Granite Ventures is known for its hands-on approach, working closely with portfolio companies to help them scale and achieve market leadership. Over its history, Granite Ventures has raised multiple funds, demonstrating its enduring presence in the venture ecosystem. For instance, Granite Ventures V, L.P. closed with $200 million, indicating their capacity for significant investments.

Granite Ventures' portfolio reflects a diverse range of technology innovators. They have made over 100 investments throughout their history, contributing to the growth of numerous successful companies, some of which have achieved notable exits through acquisitions or public offerings. Their long tenure in the industry has allowed them to build extensive networks and deep expertise, which they leverage to support their portfolio companies from inception through growth stages. The firm seeks to identify companies with strong intellectual property, large addressable markets, and clear paths to profitability.

Investor Profile

Granite Ventures has backed more than 170 startups, with 0 new investments in the last 12 months alone. The firm has led 36 rounds, about 21% of its total and boasts 55 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada, India.
  • Strong thematic focus on Software, Enterprise Software, SaaS.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series B (23%)
  • Series C (21%)
  • Series A (14%)
  • Series Unknown (14%)
  • Series D (13%)
  • Seed (5%)
  • Series E (5%)
  • Private Equity (2%)
  • Series F (2%)
  • Debt Financing (1%)

Country Focus

  • United States (96%)
  • Canada (2%)
  • India (1%)
  • Israel (1%)

Industry Focus

  • Software
  • Enterprise Software
  • Saas
  • Information Technology
  • Manufacturing
  • Internet
  • Wireless
  • Cloud Computing
  • Video
  • Analytics
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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 Granite Ventures frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 7
Trident Capital
North America, California, United States, Palo Alto
Co-Investments: 7
InterWest Partners
North America, California, United States, Menlo Park
Co-Investments: 8
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 10
Austin Ventures
North America, Texas, United States, Austin
Co-Investments: 11
Cherry Tree Investments
North America, California, United States, Los Angeles
Co-Investments: 8
Adobe Ventures
North America, California, United States, San Jose
Co-Investments: 17
AllegisCyber
North America, California, United States, San Francisco
Co-Investments: 6
Shasta Ventures
North America, California, United States, Portola Valley
Co-Investments: 16
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 8

Which angels does Granite Ventures often collaborate with?

Cyril Moutran
North America, Texas, United States, Austin
Shared Deals: 1
BD
North America, California, United States, Palo Alto
Shared Deals: 1
TD
North America, Massachusetts, United States, Boston
Shared Deals: 1
Ian Patrick Sobieski
North America, Cartago, Costa Rica, San Francisco
Shared Deals: 1
SB
North America, California, United States, San Francisco
Shared Deals: 1
Jerry Yang
Asia, Tokyo, Japan, Tokyo
Shared Deals: 1
PB
North America, New York, United States, New York
Shared Deals: 1
EC
North America, California, United States, Burlingame
Shared Deals: 1
AK
North America, New York, United States, New York
Shared Deals: 1
AJ
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Granite Ventures?

Suport Ai

Mumbai, Maharashtra, India

AI ChatBot Builder Trained from Notion

Customer ServiceSaaS
SeedJul 1, 2023
Amount Raised: $500,000
Vocera Communications

San Jose, California, United States

Vocera Communications is a medtech company that offers communication systems and solutions for healthcare professionals and patients.

Health CareInformation TechnologymHealthTelecommunications
Post Ipo EquityMay 8, 2023
Amount Raised: $8,000,000
Marqeta

Oakland, California, United States

Marqeta is a card issuing platform that provides infrastructure and tools to help companies build and manage payment programs.

Credit CardsCryptocurrencyDebit CardsFinTechPayments
Private EquityMay 28, 2020
Amount Raised: $150,000,000
Lucidworks

San Francisco, California, United States

Lucidworks connects experiences throughout the entire user journey to meet customer and employee intent in the moment.

AnalyticsCloud ComputingOpen SourceSaaSSearch Engine
Series FAug 12, 2019
Amount Raised: $100,000,000
Marqeta

Oakland, California, United States

Marqeta is a card issuing platform that provides infrastructure and tools to help companies build and manage payment programs.

Credit CardsCryptocurrencyDebit CardsFinTechPayments
Series EMay 21, 2019
Amount Raised: $260,000,000
Anaplan

San Francisco, California, United States

Anaplan is a business planning software company that develops a cloud platform for decision-making with connected planning modeling.

Enterprise SoftwareInformation TechnologyInsurTechProductivity Tools
Series FDec 5, 2017
Amount Raised: $60,000,000
Marqeta

Oakland, California, United States

Marqeta is a card issuing platform that provides infrastructure and tools to help companies build and manage payment programs.

Credit CardsCryptocurrencyDebit CardsFinTechPayments
Series DJun 12, 2017
Amount Raised: $25,000,000
Mojo Networks

Mountain View, California, United States

Mojo Networks develops a unified cloud managed WiFi offering robust access, security and engagement capabilities for enterprises.

Enterprise SoftwareSaaSSecuritySoftwareWireless
Series EFeb 8, 2017
Amount Raised: $30,000,000
Airspace Systems

San Francisco, California, United States

Airspace Systems is a company that develops aerial security systems for enterprises.

Computer VisionDronesRobotics
SeedNov 18, 2016
Amount Raised: $5,000,000
Smule

San Francisco, California, United States

Smule develops music-making apps that connect people online.

AudioMobileMobile AppsMusic
Series GJun 16, 2016
Amount Raised: $22,000,000