
Wing Venture Capital
Description
Wing Venture Capital, based in Palo Alto, California, is a prominent venture capital firm primarily focused on early-stage enterprise technology companies. Founded in 2013 by Peter Wagner, the firm has established itself as a key player in identifying and nurturing category-defining businesses at the intersection of AI, data, and cybersecurity. Wing VC's investment thesis centers on the belief that software and data will continue to transform the enterprise landscape, leading them to back companies that are building foundational technologies for the future of work and infrastructure. They are known for their deep domain expertise and hands-on approach, working closely with founders to scale their ventures.
TheThe firm typically leads or co-leads Series A rounds, though they also engage in select Seed and Series B investments. Their initial check sizes generally range from $5 million to $20 million, reflecting their commitment to providing substantial early capital to promising startups. Wing Venture Capital has demonstrated consistent growth in its capital base, successfully raising multiple funds. Their most recent fund, Wing IV, closed in 2022 with $450 million in commitments, bringing their total capital under management to over $1 billion across their various vehicles. This significant capital allows them to support their portfolio companies through multiple funding stages.
Wing Venture Capital boasts a strong track record of backing successful companies that have achieved significant market traction and exits. Their portfolio includes notable names such as Snowflake, Cohesity, and Gong, among others, showcasing their ability to identify and invest in disruptive technologies early on. With over 100 investments made since its inception, Wing VC emphasizes a concentrated portfolio approach, aiming to be a highly engaged partner to a select group of companies. Their strategic focus on enterprise software, coupled with their operational support, positions them as a valuable partner for founders building the next generation of B2B technology leaders.
Investor Profile
Wing Venture Capital has backed more than 192 startups, with 18 new investments in the last 12 months alone. The firm has led 49 rounds, about 26% of its total and boasts 24 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, Artificial Intelligence (AI), Information Technology.
- Led 5 rounds in the past year.
- Typical check size: $5M – $20M.
Stage Focus
- Series A (34%)
- Series B (24%)
- Seed (22%)
- Series C (7%)
- Series D (3%)
- Series Unknown (3%)
- Series E (2%)
- Pre Seed (2%)
- Convertible Note (1%)
- Series F (1%)
Country Focus
- United States (91%)
- Israel (5%)
- Canada (2%)
- United Kingdom (1%)
- Czech Republic (1%)
- Italy (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Information Technology
- Analytics
- Cyber Security
- Machine Learning
- Enterprise Software
- Saas
- Network Security
- Security
Frequently Asked Questions
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