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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?

Ambience Healthcare

San Francisco, California, United States

Ambience Healthcare develops an AI operating system used for documentation, coding, and clinical workflows in healthcare organizations.

Artificial Intelligence (AI)Health CareInformation TechnologyMedical
Series CJul 29, 2025
Amount Raised: $243,000,000
Motive

San Francisco, California, United States

Motive is a fleet management and driver safety platform that helps improve the safety, productivity, and profitability of fleet operations.

Artificial Intelligence (AI)Business IntelligenceFleet ManagementLogisticsSaaSSoftwareTransportation
Series UnknownJul 29, 2025
Amount Raised: $150,000,000
OpenEvidence

Cambridge, Massachusetts, United States

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

Artificial Intelligence (AI)Clinical TrialsMedicalSaaS
Series BJul 15, 2025
Amount Raised: $210,000,000
Harmonic

Palo Alto, California, United States

Harmonic develops mathematical reasoning engine designed to tackle complex mathematical problems using AI technology.

Artificial Intelligence (AI)EdTechSoftware
Series BJul 9, 2025
Amount Raised: $100,000,000
Neuron23

San Francisco, California, United States

Neuron23 is a developer of drugs intended to treat Parkinson's disease and Alzheimer's disease.

Health CareMedicalPharmaceutical
Series DJun 24, 2025
Amount Raised: $96,500,000
Harvey

San Francisco, California, United States

Harvey provides AI-driven tools to assist legal professionals with research, document review, and contract analysis.

Artificial Intelligence (AI)Information TechnologyLegalLegal Tech
Series EJun 23, 2025
Amount Raised: $300,000,000
Profound

New York, New York, United States

Profound provides analytics and tools for brands to enhance visibility in AI search.

AnalyticsArtificial Intelligence (AI)SEO
Series AJun 19, 2025
Amount Raised: $20,000,000
Traversal

New York, New York, United States

Traversal is building the AI SRE for the enterprise.

Artificial Intelligence (AI)SoftwareSoftware Engineering
Series AJun 18, 2025
Amount Raised: $48,000,000
Applied Intuition

Mountain View, California, United States

Applied Intuition provides software infrastructure to safely develop, test, and deploy autonomous vehicles
 at scale.

Artificial Intelligence (AI)Autonomous VehiclesEnterprise SoftwareInfrastructureSoftware
Series FJun 17, 2025
Amount Raised: $600,000,000
Glean

Palo Alto, California, United States

Glean develops an AI-based search engine software that connects enterprise data and generates answers to improve workplace efficiency.

Artificial Intelligence (AI)Enterprise SoftwareGenerative AIMachine LearningSearch Engine
Series FJun 10, 2025
Amount Raised: $150,000,000