Recent Funding
Investors
Industry Ventures

Industry Ventures portfolio

Industry Ventures has 23 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.

Website: industryventures.com.

X: @industry.

Type: Venture capital.

Portfolio on Recent Funding: 23.

Deals, last 12 months: 2.

Rounds led: 4 of 18.

Capital in their rounds: $1.04B.

Latest deal: Feroot Security · Nov 19, 2025.

About this page

It is a venture capital firm based in San Francisco, US, founded in 2006. It led 4 of the 18 rounds it joined. Its most recent investment on record is Feroot Security's $14M Series A round in November 2025, alongside YC Continuity, Haystack, Preface Ventures and 1 other. By category, its portfolio leans toward Health and bio (5) and Fintech (5). It has co-invested with Infinity Ventures, Y Combinator and Cantos, most often Infinity Ventures (2 rounds).

About Industry Ventures

Firm type: Venture capital.

Headquarters: San Francisco, US.

Founded: 2006.

Stages: Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage.

Sectors: Enterprise Software, Sector Agnostic.

Check size: $250K to $50M.

Leads rounds: Yes.

Portfolio companies: 1.

Exits: 0.

Rounds led: 11.

Fund returns

Fund	Vintage	Size	Net IRR	TVPI	DPI	As of
Industry Ventures Partnership Holdings VII	2024	—	—	1.20x	0.00x	Nov 30, 2025
Industry Ventures IV Arrowhead, L.P.	2022	—	7.5%	—	1.14x	Jun 30, 2025
Industry Ventures Partnership Holdings VI	2021	—	7.7%	1.17x	0.08x	Nov 30, 2025
Industry Ventures PH VI	2021	—	15.8%	—	—	Jun 30, 2025
Industry Ventures Partnership Holdings IV - Secondary	2019	—	14.4%	2.16x	0.60x	Nov 30, 2025
Industry Ventures Partnership Holdings V	2019	—	12.4%	1.67x	0.03x	Nov 30, 2025
Industry Ventures V	2018	—	15.2%	—	—	Jun 30, 2019
Industry Ventures VII	2018	—	34.0%	—	—	Jun 30, 2019
Industry Ventures Partnership IV	2016	—	13.7%	2.10x	0.59x	Sep 30, 2025
Industry Ventures Partnership Holdings III-C	2015	—	15.6%	2.19x	0.90x	Nov 30, 2025
Industry Ventures Partnership Holdings IV	2015	—	14.2%	2.14x	0.59x	Jun 30, 2025
Industry Ventures Partnership Holdings III	2014	—	19.9%	3.02x	1.84x	Nov 30, 2025
Industry Ventures Partnership Holdings III-A, L.P.	2014	—	-1.1%	—	0.95x	Jun 30, 2025
Industry Ventures Partnership Holdings III-B, L.P.	2014	—	10.2%	1.74x	0.83x	Jun 30, 2025
Industry Ventures Partnership Holdings II, L.P.	2012	—	21.0%	—	4.38x	Jun 30, 2025

Funds raised

Fund	Fund #	Size	Announced
IIndustry Ventures Bay Area	-	$170Mvia Shai Goldman's fund list	Sep 2014

What Industry Ventures invests in

Health and bio · 5 · 22%
Fintech · 5 · 22%
Developer tools and cloud · 4 · 17%
Data and analytics · 4 · 17%
Cybersecurity · 3 · 13%
Robotics and hardware · 3 · 13%
AI infrastructure and compute · 2 · 9%
Sales and marketing · 2 · 9%

Industry Ventures recent investments

Company	Round	Date	Alongside
FFeroot Security	Series A · $14M	Nov 19, 2025	YC Continuity, Haystack, Preface Ventures (lead) +1
AAmperesand	Series A · $80M	Nov 19, 2025	Walden Catalyst (lead), SG Growth Capital, Foothill Ventures +5
OOlli Health	Series A · $10M · lead	Nov 3, 2025	Cannage Capital, Arkitekt Ventures, Tau Ventures
IIsaac Health	Series A · $10.5M	Aug 14, 2025	Meridian Street Capital, Flare Capital Partners (lead), Black Opal Ventures +2
TTopline Pro	Series B+ · $27M	Aug 14, 2025	Bonfire Ventures, BBG Ventures, Forerunner Ventures +4
SSavvy Wealth	Series B+ · $72M · lead	Jul 2, 2025	Brewer Lane Ventures, Vamsi Yadlapati, Euclidean Capital +5
MMendel	Series B+ · $35M	Mar 27, 2025	Infinity Ventures, Hi Ventures, Magma Partners +5
VVizit	Series B+ · $25M · lead	Oct 2, 2024	Infinity Ventures, Lakefront Partners, eGateway Capital +6

How Industry Ventures invests

Stage	Deals	Capital in rounds
Series B+	11 61%	$890M
Series A	7 39%	$154.5M

Year	Deals	Capital in rounds
2016	1 6%	$15M
2018	1 6%	$26M
2020	1 6%	$90M
2021	2 11%	$82M
2022	2 11%	$373M
2024	4 22%	$210M
2025	7 39%	$248.5M

Industry Ventures portfolio companies

FFeroot Security$14MSeries A · Nov 2025
AAmperesand$80MSeries A · Nov 2025
OOlli Health$10MSeries A · Nov 2025
IIsaac Health$10.5MSeries A · Aug 2025
TTopline Pro$27MSeries B+ · Aug 2025
SSavvy Wealth$72MSeries B+ · Jul 2025
MMendel$35MSeries B+ · Mar 2025
VVizit$25MSeries B+ · Oct 2024
CCRM&Bonus$75MSeries B+ · Jun 2024
RRecall.ai$10MSeries A · May 2024
CCollaborative Robotics$100MSeries B+ · Apr 2024
VVulcanForms$355MSeries B+ · Jul 2022
CCharacter Bio$18MSeries A · May 2022
NNexla$12MSeries A · Oct 2021
VVestwell$70MSeries B+ · Jul 2021
AAstranis$90MSeries B+ · Feb 2020
BBugcrowd$26MSeries B+ · Mar 2018
CCardlessbacker
SSesamebacker
BBulk MRO Industrial Supplybacker
CClearbrainbacker
IInnerspacebacker
CCyberhavenbacker

Company	Round with Industry Ventures	Total raised	Latest raise
FFeroot Security Legal and compliance	Nov 19, 2025 Series A · $14M	$25M	Nov 19, 2025 Series A
AAmperesand AI infrastructure and compute	Nov 19, 2025 Series A · $80M	$92.45M	Nov 19, 2025 Series A
OOlli Health AI coding and devtools	Nov 3, 2025 Series A · $10M · lead	$13M	Nov 3, 2025 Series A
IIsaac Health Health and bio	Aug 14, 2025 Series A · $10.5M	$16.2M	Aug 14, 2025 Series A
TTopline Pro	Aug 14, 2025 Series B+ · $27M	$44M	Aug 14, 2025 Series B+
SSavvy Wealth Sales and marketing	Jul 2, 2025 Series B+ · $72M · lead	$216.8M	Sep 9, 2026 Series B+
MMendel Fintech	Mar 27, 2025 Series B+ · $35M	$70M	Mar 27, 2025 Series B+
VVizit AI agents	Oct 2, 2024 Series B+ · $25M · lead	$35M	Oct 2, 2024 Series B+
CCRM&Bonus Sales and marketing	Jun 28, 2024 Series B+ · $75M	$125.9M	Jun 28, 2024 Series B+
RRecall.ai Voice and audio AI	May 16, 2024 Series A · $10M	$50.7M	Sep 4, 2025 Series B+
CCollaborative Robotics Robotics and hardware	Apr 10, 2024 Series B+ · $100M	$130M	Apr 10, 2024 Series B+
VVulcanForms Health and bio	Jul 5, 2022 Series B+ · $355M	$575M	Jan 30, 2026 Series B+
CCharacter Bio Health and bio	May 17, 2022 Series A · $18M	$111M	Mar 25, 2025 Series B+
NNexla AI agents	Oct 1, 2021 Series A · $12M · lead	$34M	May 8, 2025 Series A
VVestwell Lending and credit	Jul 20, 2021 Series B+ · $70M	$622.5M	Feb 18, 2026 Series B+
AAstranis Robotics and hardware	Feb 13, 2020 Series B+ · $90M	$853.5M	May 6, 2026 Series B+
BBugcrowd Cybersecurity	Mar 1, 2018 Series B+ · $26M	$179M	Feb 12, 2024 Series B+
CCardless Stablecoins	backer · source	$90M	Sep 22, 2025 Series B+
SSesame Health and bio	backer · source	undisclosed	—
BBulk MRO Industrial Supply Fintech	backer	undisclosed	—
CClearbrain Data and analytics	backer	undisclosed	—
IInnerspace Data and analytics	backer	$10M	Aug 16, 2023 Series A
CCyberhaven Cybersecurity	backer	$146M	Apr 24, 2026 Series B+

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Health and bio).

How this is counted

Net returns as reported by the public-pension and foundation LPs invested in each fund.

Firm profile and fund returns: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Venture funds Industry Ventures raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.

Share is of the 18 rounds on Recent Funding that name Industry Ventures. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Industry Ventures, which is a subset of its real portfolio. API: /api/v1/investors/industry-ventures (get a free API key). More: the most active VC firms and new venture capital funds.