BACKGROUND CAPITAL — Full Portfolio
22 tracked investments · listed companies and verified rows first
Instacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.
ConsumerE-commerceFoodTechSan Francisco, US
Apoorva Mehta(Founder)inBrandon Leonardo(Founder)inMax Mullen(Founder)inChris Rogers(Chief Executive Officer)inEmily Reuter(Chief Financial Officer)in
BoardMichael Moritz(Director)in
Co-investorsA*Andreessen HorowitzAvenue Growth PartnersBling CapitalBright Pixel CapitalCanaan Partners+54 more
Knoq operates a platform that recruits and trains neighborhood representatives to conduct direct-to-home sales and customer engagement for brands, helping companies connect with consumers through local, in-person interactions.
B2B MarketplacesConsumerDirect to ConsumerMarketing TechSaaSSales TechBoston, US
Kendall Tucker(Founder, CEO)in
Co-investorsTechstarsFathom CapitalAlumni VenturesWalnut Venture Associates
AudioShake develops sound separation technology that splits audio into component parts for media, entertainment, and speech workflows.
AI & Machine LearningCreator EconomyMedia & EntertainmentSan Francisco, US
Jessica Powell(CEO & Co-Founder)inLuke Miner(CTO & Co-Founder)in
BoardAlexander Hartz(Director)in
PartnerRafael Corrales· solo GP
Co-investorsAlumni VenturesCoho DeeptechCrush VenturesDisney AcceleratorOrigin VenturesPrecursor Ventures+4 more
Beacon acquires software businesses and holds them permanently, providing engineering, AI, sales, and operating support to grow them and add AI-native products for their customers.
AI & Machine LearningEnterprise SoftwareSaaSToronto, CA
Nilam Ganenthiran(Founder)inDivyahans Gupta(Founder)in
Co-investorsGeneral CatalystGlasswing VenturesGolden VenturesIntrepid Growth PartnersLightspeed Venture Partners
Beeps builds agent-based platforms to automate incident response and on-call management for reliability engineering teams.
AI & Machine LearningDeveloper ToolsEnterprise Software
Joey
Co-investorsAndreessen HorowitzBase Case Capital
Bunkerhill Health provides a platform for clinical and operational teams to build and deploy AI agents that help health systems improve care delivery and operational efficiency at scale.
AI & Machine LearningDigital HealthHealthtechSan Francisco, US
Nishith Khandwala(Founder)inDavid Eng(Founder)in
Co-investorsFelicis VenturesKhosla VenturesLevel VenturesOptum VenturesSequoia CapitalY Combinator+7 more
Ditto is a content management system that centralizes product language standards, terminology, and content patterns, then enforces consistency across design, development, and code tools.
Developer ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US
Jo Ma(Founder)inJessica Ouyang(Founder)inAdam Fish(Founder)Allen Wang(Founder)inEric Liu(Founder)inJolena Ma(Founder)
Co-investorsRubio Impact VenturesSoma CapitalY CombinatorAcrew CapitalAJGAmity Ventures+17 more
Marr Labs provides an AI operating layer that automates customer engagement workflows—including voice and chat interactions, document processing, and multi-step processes—with compliance controls built in for regulated industries like healthcare and financial services.
AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US
Dave Grannan(Founder)inHan Shu(Founder)inGhinwa F. Choueiter(Co-Founder & Head of AI & Data Science)inGhinwa Choueiter(Founder)
Co-investorsMaiora Rebel VenturesSurgePoint AngelTRAC (Third Round Analytics Capital)Wayfinder VenturesY CombinatorAME Cloud Ventures+6 more
Empowers business analysts to create their own data flows
Seattle, US
Pedro Pinto(Founder)in
Co-investorsPicks and Shovels (Picks & Shovels)
PopSQL is a SQL editor and data collaboration platform that enables teams to write, visualize, and share SQL queries and data results.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US
Rahil Sondhi(Founder)in
Co-investorsFundersClubGradient VenturesSoma CapitalY CombinatorFCVCRavikant Capital+2 more
PostgresML provides an in-database machine learning platform that integrates ML model training, testing, and inference directly into PostgreSQL databases.
AI & Machine LearningData & InfrastructureDeveloper ToolsSan Francisco, US
Montana Low(CEO)in
Co-investorsAmplify PartnersBedrock
Red Planet Labs develops Rama, a software platform that reduces the cost of building scalable backend applications by integrating deployment, monitoring, and maintenance in a single tool.
Cloud ComputingData & InfrastructureDeveloper ToolsSaaS
Nathan Marz(Founder)
Co-investorsInitialized CapitalKindred VenturesKindredRogueSciFi VC
Reveri is a self-hypnosis application that delivers clinically validated relief from pain, stress, and sleeplessness without drugs or appointments.
Digital HealthMental HealthWellness & Fitness
David Spiegel(Co-founder)Ariel Poler(Co-founder)in
Co-investorsTheVentureCityInreach VenturesVery Serious Ventures
Revoy builds electric vehicles or electric drivetrain technology.
Advanced ManufacturingCleantechClimate TechHardwareLogistics & Supply ChainMobility & TransportationSan Francisco, US
Co-investorsLeap Forward VenturesOlive Tree CapitalPioneerSoma CapitalStandard CapitalTRAC (Third Round Analytics Capital)+20 more
Alek Koenig(Founder)Kamil Sayour(Founder)Mostafa Mobarak(Founder)
Co-investorsAcasia VenturesShorooq PartnersCanaryCiti VenturesClocktower VenturesData Point Capital+4 more
ShoppingGives provides a social impact platform that enables businesses to integrate charitable giving into their commerce operations, allowing customers to donate at point of purchase or through customizable giving campaigns.
E-commerceImpact & Social GoodSaaS
Ronny Sage(Founder and CEO)in
PartnerRafael Corrales· solo GP
Co-investorsMana VenturesRed Dog CapitalSerena VenturesService Provider CapitalSummit Peak Ventures20VC+8 more
Supergood generates real backend APIs for enterprise platforms that lack them by reverse-engineering the underlying network calls behind logins, handling MFA and CAPTCHAs via service accounts.
Data & InfrastructureDeveloper ToolsEnterprise Software
Co-investorsSciFi VCShine Capital
Developer platform to go from code to production in minutes.
Holly Whitaker(Founder)
Co-investorsAbstract VenturesAlumni VenturesMaveronDesigner FundRefactor Capital
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
EmperiaFlipturnTundra
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.





















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