Recent Funding
Investors
Union Square Ventures

Union Square Ventures (USV) portfolio

Union Square Ventures (USV) has 42 portfolio companies on record at Recent Funding, with 11 investments in the last 12 months.

Website: usv.com.

Type: Venture capital.

Portfolio on Recent Funding: 42.

Deals, last 12 months: 11.

Rounds led: 21 of 45.

Capital in their rounds: $1.87B.

Latest deal: Tutor Intelligence · Nov 2, 2026.

About this page

It is a venture capital firm based in New York, US, founded in 2004. It led 21 of the 45 rounds it joined. Its most recent investment on record is Tutor Intelligence's $75M Series B+ round in November 2026, alongside Neo and Andreessen Horowitz. By category, its portfolio leans toward Climate and energy (7) and Developer tools and cloud (7). It has co-invested with Andreessen Horowitz, Menlo Ventures and Shine Capital, most often Andreessen Horowitz (3 rounds).

About Union Square Ventures

Firm type: Venture capital.

Headquarters: New York, US.

Founded: 2004.

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

Sectors: AI & Machine Learning, Climate Tech, Consumer, Crypto & Web3, Data & Infrastructure, Developer Tools, Digital Health, EdTech, Energy, Enterprise Software, Fintech, Healthtech, Marketplaces, Media & Entertainment, Sector Agnostic.

Check size: $1M to $8M.

Leads rounds: Yes.

Portfolio companies: 288.

Exits: 37.

Rounds led: 84.

Fund returns

Fund	Vintage	Size	Net IRR	TVPI	DPI	As of
USV 2024	2024	—	—	1.04x	0.00x	Sep 30, 2025
USV 2022	2022	—	6.0%	1.12x	0.00x	Sep 30, 2025
USV Climate 2022	2022	—	—	0.81x	0.00x	Sep 30, 2025
USV Opportunity 2022	2022	—	22.5%	1.53x	0.00x	Sep 30, 2025
USV 2021	2021	—	-7.4%	0.78x	0.00x	Sep 30, 2025
USV Climate 2021	2020	—	5.7%	1.18x	0.00x	Sep 30, 2025
USV 2019	2018	—	33.7%	2.97x	1.36x	Sep 30, 2025
USV Opportunity 2019	2018	—	-2.8%	0.88x	0.05x	Sep 30, 2025
USV 2016, L.P.	2016	—	48.9%	7.79x	4.53x	Sep 30, 2025
UNION SQUARE VENTURES 2014 LP	2014	—	22.7%	4.12x	2.29x	Sep 30, 2025
UNION SQUARE VENTURES OPPORTUNITY 2014 LP	2014	—	39.2%	6.11x	5.77x	Sep 30, 2025
USV 2014, LP	2014	—	22.8%	4.14x	2.28x	Sep 30, 2025
USV Opportunity 2014, LP	2014	—	39.4%	6.23x	5.78x	Sep 30, 2025
Union Square Ventures 2012	2011	—	53.5%	23.78x	23.02x	Sep 30, 2025
Union Square Ventures Opportunity Fund, L.P.	2010	—	58.4%	3.58x	3.45x	Sep 30, 2025
Union Square Ventures 2008, L.P.	2008	—	20.8%	4.35x	4.08x	Sep 30, 2025
Union Square Ventures 2004	2004	—	66.9%	13.82x	13.78x	Sep 30, 2025

Funds raised

Fund	Fund #	Size	Announced
UUSV	-	$900M	Oct 9, 2026 kucoin
UUnion Square Ventures - climate fund NYC	II	$200Mvia Shai Goldman's fund list	Dec 9, 2022
UUSV Climate Fund NYC	Ifirst fund	$162M	Jan 8, 2021 usv.com
UUnion Square Ventures NYC	-	Not shown	Jan 2, 2019 techcrunch.com
UUnion Square Ventures NYC	-	$175M	Jun 22, 2016 avc.com
UUnion Square Ventures NYC	-	$175Mvia Shai Goldman's fund list	Mar 18, 2016
UUnion Square Ventures NYC	-	Not shown	Jan 2014
UUnion Square Ventures Opportunity NYC	II	Not shown	Jan 2014
UUnion Square Ventures NYC	III	$200Mvia Shai Goldman's fund list	Sep 2011

What Union Square Ventures invests in

Climate and energy · 7 · 17%
Developer tools and cloud · 7 · 17%
Robotics and hardware · 6 · 14%
Education · 5 · 12%
AI agents · 5 · 12%
Consumer and social · 4 · 10%
Fintech · 4 · 10%
Media and content · 3 · 7%

Union Square Ventures recent investments

Company	Round	Date	Alongside
TTutor Intelligence	Series B+ · $75M	Nov 2, 2026	Neo, Andreessen Horowitz (lead)
TTolan	round · $30M · lead	Oct 19, 2026	none named
GGeneralist	Series B+ · $400M	Jun 4, 2026	NFDG Ventures, Bin Lin, Radical Ventures (lead) +10
SSuno	Series B+ · $400M	Jun 3, 2026	Alkeon Capital, Menlo Ventures, Schroders Capital +6
BBoard	Series A · $20M · lead	Jun 2, 2026	none named
IIsembard	Series A · $50M · lead	Mar 10, 2026	none named
XXFuel	Series A · $20M	Jan 28, 2026	Yes VC, Audacy Ventures, Stolt Ventures +6
TThe General Intelligence Company	Seed · $8.7M · lead	Dec 8, 2025	none named

How Union Square Ventures invests

Stage	Deals	Capital in rounds
Series A	20 44%	$392.7M
Series B+	18 40%	$1.4B
Seed	5 11%	$35.95M
round	2 4%	$41M

Year	Deals	Capital in rounds
2015	2 4%	$10M
2016	1 2%	$30M
2017	2 4%	$71M
2019	1 2%	$11M
2020	2 4%	$90M
2021	4 9%	$125M
2022	9 20%	$112.25M
2023	6 13%	$159.7M
2024	3 7%	$108M
2025	8 18%	$156.2M
2026	7 16%	$995M

Union Square Ventures portfolio companies

TTutor Intelligence$75MSeries B+ · Nov 2026
TTolan$30Mround · Oct 2026
GGeneralist$400MSeries B+ · Jun 2026
SSuno$400MSeries B+ · Jun 2026
BBoard$20MSeries A · Jun 2026
IIsembard$50MSeries A · Mar 2026
XXFuel$20MSeries A · Jan 2026
TThe General Intelligence Company$8.7MSeed · Dec 2025
SSupper$11MSeed · Dec 2025
NNumerai$30MSeries B+ · Nov 2025
OOstrom$21.5MSeries B+ · Jun 2025
VViam$30MSeries B+ · Mar 2025
PPluralis Research$8MSeed · Mar 2025
RReown$13MSeries B+ · Jan 2025
GGhost$40MSeries B+ · Oct 2024
DDavid Energy$23MSeries A · Sep 2024
BBlackbird$24MSeries A · Oct 2023
SSlope$30MSeries A · Sep 2023
ZZeitview$55MSeries B+ · Feb 2023
HHume AI$12.7MSeries A · Jan 2023
BBrave Health$40MSeries B+ · Oct 2022
RRadiant$10MSeries A · Mar 2022
WWalletConnect$11MSeries A · Mar 2022
CCeramic$30MSeries A · Feb 2022
SSimscale$29MSeries B+ · Nov 2021
CClarifai$60MSeries B+ · Oct 2021
KKarat Financial$26MSeries A · Jul 2021
SStedi$50MSeries B+ · Aug 2020
UUpgrade$40MSeries B+ · Jun 2020
DDapper Labs$11Mround · Sep 2019
KKarat$11MSeries A · May 2017
TTaskletbacker
JJurobacker
JJambacker
AAnonbacker
EEfficient Computerbacker
MMorsebacker
SShortwavebacker
GGLIFbacker
NNous Researchbacker
MMolten Industriesbacker
BBrilliant.orgbacker

Company	Round with Union Square Ventures	Total raised	Latest raise
TTutor Intelligence Robotics and hardware	Nov 2, 2026 Series B+ · $75M	$109M	Nov 2, 2026 Series B+
TTolan Consumer and social	Oct 19, 2026 round · $30M · lead	$50M	Oct 19, 2026 round
GGeneralist Robotics and hardware	Jun 4, 2026 Series B+ · $400M	$600M	Aug 25, 2026 Series B+
SSuno Voice and audio AI	Jun 3, 2026 Series B+ · $400M	$775M	Jun 3, 2026 Series B+
BBoard Gaming	Jun 2, 2026 Series A · $20M · lead	$35M	Jun 2, 2026 Series A
IIsembard Robotics and hardware	Mar 10, 2026 Series A · $50M · lead	$59M	Mar 10, 2026 Series A
XXFuel Climate and energy	Jan 28, 2026 Series A · $20M	$28.25M	Jan 28, 2026 Series A
TThe General Intelligence Company AI agents	Dec 8, 2025 Seed · $8.7M · lead	$10.9M	Dec 8, 2025 Seed
SSupper Data and analytics	Dec 3, 2025 Seed · $11M · lead	$11M	Dec 3, 2025 Seed
NNumerai Foundation models and research	Nov 20, 2025 Series B+ · $30M	$31.5M	Nov 20, 2025 Series B+
OOstrom Climate and energy	Jun 20, 2025 Series B+ · $21.5M	$29.5M	Jun 20, 2025 Series B+
VViam Robotics and hardware	Mar 3, 2025 Series B+ · $30M · lead	$75M	Mar 3, 2025 Series B+
PPluralis Research	Mar 1, 2025 Seed · $8M · lead	$8M	Mar 1, 2025 Seed
RReown	Jan 15, 2025 Series B+ · $13M · lead	$13M	Jan 15, 2025 Series B+
GGhost Commerce and retail	Oct 15, 2024 Series B+ · $40M	$91M	Oct 15, 2024 Series B+
DDavid Energy Climate and energy	Sep 1, 2024 Series A · $23M	$43.5M	May 8, 2025 Series A
BBlackbird Health and bio	Oct 4, 2023 Series A · $24M	$74M	Apr 8, 2025 Series B+
SSlope Stablecoins	Sep 27, 2023 Series A · $30M · lead	$95M	Jul 17, 2024 round
ZZeitview Robotics and hardware	Feb 7, 2023 Series B+ · $55M	$115M	Mar 4, 2025 round
HHume AI Foundation models and research	Jan 26, 2023 Series A · $12.7M · lead	$62.7M	May 4, 2026 Series B+
BBrave Health Health and bio	Oct 11, 2022 Series B+ · $40M	$50M	Oct 11, 2022 Series B+
RRadiant Climate and energy	Mar 9, 2022 Series A · $10M · lead	$616.2M	Dec 17, 2025 Series B+
WWalletConnect Stablecoins	Mar 1, 2022 Series A · $11M · lead	$25.25M	Jan 16, 2025 Series B+
CCeramic Data and analytics	Feb 16, 2022 Series A · $30M · lead	$30M	Feb 16, 2022 Series A
SSimscale Developer tools and cloud	Nov 5, 2021 Series B+ · $29M	$29M	Sep 7, 2025 Series B+
CClarifai AI infrastructure and compute	Oct 15, 2021 Series B+ · $60M	$100M	Oct 15, 2021 Series B+
KKarat Financial Lending and credit	Jul 1, 2021 Series A · $26M · lead	$26M	Jul 1, 2021 Series A
SStedi Health and bio	Aug 18, 2020 Series B+ · $50M	$170M	Mar 24, 2026 Series B+
UUpgrade Lending and credit	Jun 17, 2020 Series B+ · $40M	$650M	Oct 20, 2025 Series B+
DDapper Labs	Sep 13, 2019 round · $11M	$26M	Jul 13, 2026 Series A
KKarat HR and recruiting	May 1, 2017 Series A · $11M	$195.6M	Jul 19, 2023 Series B+
TTasklet AI agents	backer · source	$46.3M	Oct 9, 2026 round
JJuro Legal and compliance	backer · source	undisclosed	Jan 18, 2022 Series B+
JJam	backer · source	$12.6M	Sep 15, 2025 Seed
AAnon AI agents	backer · source	$14.8M	Nov 13, 2024 Seed
EEfficient Computer AI infrastructure and compute	backer · source	$173M	Sep 29, 2026 Series B+
MMorse Fintech	backer · source	undisclosed	—
SShortwave	backer · source	$9M	Feb 15, 2022 Series A
GGLIF AI agents	backer	undisclosed	Apr 23, 2026 Seed
NNous Research AI agents	backer	$155M	Oct 7, 2026 Series B+
MMolten Industries Climate and energy	backer	$25M	Jun 20, 2024 Series A
BBrilliant.org Education	backer	undisclosed	—

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Climate and energy).

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 Union Square 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 45 rounds on Recent Funding that name Union Square 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 Union Square Ventures, which is a subset of its real portfolio. API: /api/v1/investors/union-square-ventures (get a free API key). More: the most active VC firms and new venture capital funds.