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Kleiner Perkins

North America, California, United States, Menlo Park

Description

Kleiner Perkins, established in 1972 in Menlo Park, California, stands as one of the most venerable and influential venture capital firms globally. Co-founded by Eugene Kleiner and Tom Perkins, the firm quickly became a foundational pillar of Silicon Valley, playing a pivotal role in the emergence of the technology and biotechnology industries. With a legacy spanning over five decades, Kleiner Perkins has consistently identified and nurtured groundbreaking companies, solidifying its reputation as a leading investor in transformative innovation.

The firm's investment strategy is broad, encompassing early-stage, incubation, and growth-stage companies, primarily within the technology sector. Kleiner Perkins is known for its deep expertise in areas such as enterprise software, consumer internet, fintech, and biotech. They typically seek out companies with disruptive technologies and strong leadership teams, aiming to provide not just capital but also strategic guidance and access to their extensive network. Their approach often involves leading significant funding rounds, demonstrating a strong commitment to their portfolio companies' long-term success.

Kleiner Perkins boasts an unparalleled track record of backing some of the world's most iconic companies. Their early investments include giants like Amazon, Google, Sun Microsystems, and Netscape, shaping the digital landscape. More recently, their portfolio has featured high-profile successes such as Twitter, Spotify, Uber, and Figma, underscoring their continued relevance in identifying market-leading innovators. The firm recently closed its 19th fund, KP XIX, at a substantial $800 million in 2022, alongside a $400 million "select" fund for follow-on investments, indicating their continued capacity for significant capital deployment across various stages.

While historically known for its broad technology focus, Kleiner Perkins has maintained a sharp eye on emerging trends, adapting its strategy to new frontiers like AI, blockchain, and sustainable technologies. The firm's enduring impact stems from its ability to combine seasoned experience with a forward-looking perspective, consistently backing companies that redefine industries and create substantial value. Their typical initial investments for leading rounds range from approximately $5 million for early-stage ventures to upwards of $50 million for more mature growth opportunities, reflecting their flexible yet impactful investment approach.

Investor Profile

Kleiner Perkins has backed more than 1,426 startups, with 38 new investments in the last 12 months alone. The firm has led 407 rounds, about 29% of its total and boasts 335 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, China, United Kingdom.
  • Strong thematic focus on Software, Health Care, Information Technology.
  • Led 15 rounds in the past year.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series B (22%)
  • Series A (20%)
  • Series C (17%)
  • Series Unknown (11%)
  • Seed (9%)
  • Series D (9%)
  • Series E (4%)
  • Series F (2%)
  • Private Equity (2%)
  • Pre Seed (1%)

Country Focus

  • United States (90%)
  • China (4%)
  • United Kingdom (1%)
  • India (1%)
  • Germany (1%)
  • Canada (1%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Biotechnology
  • Internet
  • Enterprise Software
  • E-commerce
  • Mobile
  • Saas
  • Artificial Intelligence (Ai)
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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 Kleiner Perkins frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 77
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 104
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 68
DAG Ventures
North America, California, United States, Palo Alto
Co-Investments: 75
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 43
Accel
North America, California, United States, Palo Alto
Co-Investments: 41
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 60
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 47
Greylock
North America, California, United States, Menlo Park
Co-Investments: 42
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 41

Which angels does Kleiner Perkins often collaborate with?

KA
North America, New York, United States, New York
Shared Deals: 6
RC
North America, California, United States, San Francisco
Shared Deals: 5
LG
North America, California, United States, San Francisco
Shared Deals: 7
JS
North America, California, United States, San Francisco
Shared Deals: 6
DF
North America, California, United States, Penngrove
Shared Deals: 12
AO
North America, California, United States, San Francisco
Shared Deals: 5
KH
North America, California, United States, San Francisco
Shared Deals: 5
JL
North America, California, United States, Los Angeles
Shared Deals: 5
SP
North America, California, United States, San Francisco
Shared Deals: 6
EG
North America, California, United States, San Francisco
Shared Deals: 8

What are some of recent deals done by Kleiner Perkins?

Harmonic

Palo Alto, California, United States

Harmonic is an artificial intelligence lab that develops mathematical reasoning engine designed to tackle complex mathematical problems.

Artificial Intelligence (AI)EdTechSoftware
Series CNov 25, 2025
Amount Raised: $120,000,000
Maxima AI

San Francisco, California, United States

Maxima is the first agentic AI platform for enterprise accounting

AccountingArtificial Intelligence (AI)Enterprise Resource Planning (ERP)Enterprise SoftwareSoftware
Series ANov 18, 2025
Amount Raised: $30,000,000
Wisdom AI

San Mateo, California, United States

WisdomAI develops an AI data analyst to answer questions from structured and unstructured data for business insights in the enterprise.

AnalyticsArtificial Intelligence (AI)Data IntegrationData ManagementGenerative AI
Series ANov 12, 2025
Amount Raised: $50,000,000
Parallel

Palo Alto, California, United States

Parallel develops systems for AIs to efficiently interact with the web.

Artificial Intelligence (AI)Developer APIsInformation Technology
Series ANov 12, 2025
Amount Raised: $100,000,000
Reevo

Santa Clara, California, United States

Reevo is an AI-native revenue operating system that integrates marketing, sales, and customer success into a unified platform.

Artificial Intelligence (AI)Business IntelligenceSoftware
Series ANov 5, 2025
Amount Raised: $80,000,000
Hippocratic AI

Palo Alto, California, United States

Hippocratic AI is a healthcare technology company that develops safety-focused large-language models for medical applications.

Artificial Intelligence (AI)Generative AIHealth CareInformation Technology
Series CNov 3, 2025
Amount Raised: $126,000,000
OpenEvidence

Cambridge, Massachusetts, United States

OpenEvidence provides AI-powered medical search and clinical decision support.

Artificial Intelligence (AI)Clinical TrialsMedicalSaaS
Series COct 20, 2025
Amount Raised: $200,000,000
NewLimit

South San Francisco, California, United States

NewLimit is a biotech company developing epigenetic therapies to extend human healthspan by reprogramming aging cells.

BiotechnologyClinical TrialsHealth Care
Convertible NoteOct 20, 2025
Amount Raised: $45,000,000
Fal

San Francisco, California, United States

Fal is a generative media platform that helps developers create applications using AI models.

Artificial Intelligence (AI)Developer PlatformInformation TechnologyMachine Learning
Series DOct 17, 2025
Amount Raised: $250,000,000
Nova Credit

San Francisco, California, United States

Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly through alternative credit data.

CreditCredit BureauData IntegrationFinancial ServicesFinTech
Series DOct 14, 2025
Amount Raised: $35,000,000