/Investor DB

DERIVE VENTURES

Venture capital

San Francisco · Seed–Series A · 16 people tracked

Also known as DERIVE VENTURES MANAGEMENT COMPANY, LLC

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Investment thesis

Derive Ventures backs early-stage companies building technology across hospitality, travel, experiences, and real estate. The firm frames returns as its primary product and pursues a differentiated strategy aimed at asymmetric outcomes. It offers portfolio founders connections to decision-makers across the travel industry to drive sales and partnerships, and shares cross-industry insights with partners to advance the sector. Positioned as one of the most active early-stage investors dedicated to travel and hospitality, Derive closed its first fund with $42 million in total committed capital. In 2024 it combined with Thayer Ventures to form Thayer Investment Partners, with the founders continuing as managing partners of the new platform.

Source: firm website, verified Sep 29, 2026.

Stage
Seed–Series A
HQ
San Francisco, US
Leads rounds
Follows
Instruments
Equity
Founded
2021
Last 12 months
3 investments
AUM
$42M
VC funds
7
Tracked investments
47
Acquisitions
1

Team · 16 people

from the firm's website & curated

Founder mafia

2 people who came through DERIVE VENTURES went on to found or lead other companies.

What they invest in

from 33 of 47 portfolio companies

SaaS ×16Enterprise Software ×11Travel & Hospitality ×11AI & Machine Learning ×8PropTech ×8Fintech ×7Consumer ×6FoodTech ×4

HQs:United States×24Canada×1Mexico×1

Who they back

founder profiles across 21 portfolio companies
38%
solo founders
8 of 21 mapped founding teams
52%
repeat founders
of 27 founders with career history

Founding team size:solo founder×82 founders×93 founders×4

Where their founders studiedfrom 27 founders with education data

Cornell ×3Rose-Hulman Institute of Technology ×2The Wharton School ×2

What their founders studiedfrom 25 founders with field-of-study data

Computer Science ×7Finance & Accounting ×6Economics ×4Humanities ×4Business & Management ×3Engineering ×3

Where their founders worked beforefrom 27 founders with career history

Thayer Investment Partners (TIP) ×3Oracle ×2Starwood Hotels ×2Tinder ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4

1 founders hold a PhD · 4 hold an MBA (of 28 with degree data)

Investments · 47 tracked

founders shown can be your intro path

By year:2026 · 12025 · 32024 · 12023 · 12022 · 32021 · 22016 · 112 dated

aventuuraventuur.comin𝕏

Aventuur develops integrated surf park projects, combining artificial wave facilities with surrounding developments.

Construction TechSports TechWellness & FitnessNew York, US

Nicholas Edelman(Executive Officer, Director)inAndrew RossinRichard Duff(Executive Officer, Director)

Co-investorsWinklevoss Capital

Biltbilt.comin𝕏

Bilt is a rewards program that lets renters and homeowners earn points on rent and mortgage payments, either through partner properties' resident portals or its BillPay product for any home.

B2B MarketplacesConsumerFintechPropTechNew York, US

Ankur Jain(Founder)inDavid Wyler(Founder)inAlexander Lockwood Klokus(Executive Officer, Director)

BoardKenneth Chenault(Director)Harley Miller(Director)inAlex Fiance(Director)in

Co-investorsAcrew CapitalCamber CreekElizabeth Street VenturesFifth WallFin CapitalFlucas Ventures+11 more

Canary Technologiescanarytechnologies.comin𝕏

Canary Technologies provides digital management software for hotels, replacing traditional paper-based administrative and operational workflows used across the hospitality industry.

Enterprise SoftwareSaaSNew York City, US

Harman Narula(Founder)inSJ Sawhney(Founder)in

Co-investors7BC Venture CapitalBrighton Park CapitalCommerce VenturesF-Prime CapitalInsight PartnersOlima Ventures+13 more

Centstrycents.cominNov 2016

Cents Assist is an AI-powered receptionist service built for laundry and laundromat businesses that handles customer calls, texts, and chat inquiries 24/7.

AI & Machine LearningData & InfrastructureFuture of WorkHR TechIoTRetail TechSaaSLawrence, US

Eliezer Cohen(Executive Officer, Director)Allen Konstam(Executive Officer, Director)Ira Chaimovits(Executive Officer, Director)

Co-investorsAlumni VenturesBessemer Venture PartnersCamber CreekDiagram CapitalFJ LabsJ-Ventures+7 more

Cornellcornell.eduin𝕏

Cornell is a privately endowed research university with a public mission and federal land-grant status in New York State.

EdTechIthaca, US

Crunchtimecrunchtime.cominAug 2026 · $80M

Crunchtime provides restaurant operations management software for multi-unit and enterprise restaurant brands, covering inventory management, labor and scheduling, operations execution, learning and development, and kitchen management.

AI & Machine LearningEnterprise SoftwareFoodTechSaaSSan Francisco, US

Co-investorsBattery VenturesGolub GrowthOsage Venture PartnersSchooner CapitalTen Coves Capital

DIAMOdiamo.aiinSeed · Apr 2025 · $4M

Diamo provides revenue management and digital marketing solutions for independent hotel properties, including boutique hotels and bed and breakfasts.

AI & Machine LearningSaaSTravel & Hospitality

Co-investorsInovia CapitalAvalon Capital GroupThayer Ventures

Directogetdirecto.comin𝕏

Directo is a browser extension and platform that connects travelers directly to hotels and property managers, bypassing booking intermediaries.

B2B MarketplacesConsumerTravel & Hospitality

Co-investorsKima Ventures

domusodomuso.comin

Domuso provides digital rent payment solutions and resident rewards programs for multifamily property managers.

FintechPropTechSaaS

Michael Lightfoot(Founder)in

Co-investorsMoonshots CapitalSazzeTelescope PartnersDay One VenturesInertia VenturesPrimer Sazze Partners

Gravity Hausgravityhaus.com

Gravity Haus is a membership-based hospitality and lifestyle brand offering lodging at its own and partner destinations, wellness and recovery facilities, fitness classes, coworking, and community experiences.

ConsumerTravel & HospitalityWellness & Fitness

Guideslyguidesly.comin𝕏Dec 2024 · $9.5M

Guidesly is a mobile platform that connects outdoor adventurers with verified guides for activities including fishing, hunting, skiing, diving, and other outdoor experiences.

ConsumerEnterprise SoftwareMarketplacesSaaSSports TechTravel & HospitalityBuffalo, US

Taylor Lord(Cofounder, Head of Product)inDavid Lord(Founder & CEO)in

BoardSteven C. Jones(Chairman & Managing Partner)inJohn Gordy(Director)inEileen Shapiro(Director)

Co-investorsAspen Capital GroupBantam GroupLaunchpad Venture GroupScrum VenturesElysian Park VenturesGreycroft Partners+1 more

Holdsensibleholdsensible.com

Sensible (holdsensible.com) is a self-custody crypto app that lets retail holders earn staking yield on assets such as ETH.

Co-investorsCoinbase VenturesNextView VenturesWonder Ventures

Hospitalitynethospitalitynet.org

Hospitality Net is an online news and information portal covering the hotel and hospitality industry, publishing news, opinion pieces, case studies, appointments, and company announcements.

Media & EntertainmentTravel & Hospitality

Co-investorsGrowth Street Partners

lendflowlendflow.comin𝕏Seed

Lendflow provides a platform for fintechs, lenders, and vertical SaaS companies to offer lending and financial products to their customers.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareFintechSaaSAustin, US

Jon Fry(Founder)inMatthew Watts(Founder)in

Co-investors2048 VenturesArdent VentureFrontier VenturesKnoll VenturesNavitas CapitalUncorrelated Ventures+11 more

Life Houselife-house.cominSeries C · Oct 2021 · $60M

Lark Hotels is a hotel management company that partners with independent, design-driven boutique hotels across America, providing operational expertise, strategic guidance, and support from pre-opening through ongoing management.

PropTechTravel & HospitalityKennebunkport, US

Rob Blood(Founder)inYury Yakubchyk(Cofounder)

Co-investorsComcast VenturesGlobal Founders CapitalInertia VenturesInovia CapitalJLL SparkSound Ventures+3 more

MarginEdgemarginedge.comin𝕏

MarginEdge builds a restaurant management platform that handles invoice processing, inventory, cost tracking, and accounting integrations for restaurant operators.

FintechFoodTechSaaSArlington, US

Roy Phillips(Co-founder, Client Services)inBo Davis(Co-founder & CEO)inBrian Mills(Co-founder & CTO)inEmma Whelan(Chief Financial Officer)inJess Finnefrock(Chief Operating Officer)inTara Clever(Chief Revenue Officer)in

Co-investorsBranded Strategic HospitalityConnetic VenturesIrishAngelsJHH vcSchooner CapitalThayer Investment Partners+3 more

meezgetmeez.comin

meez is a digital recipe management platform for restaurant and kitchen teams, letting them create scalable recipes, manage editing permissions, notify staff of recipe changes, and build interactive training with videos and images.

Enterprise SoftwareFoodTechFuture of WorkSaaSNew York, US

Joshua Sharkey(Founder)inMarylee Rosenwald(Executive Officer)inJohn Rigos(Director)

BoardVasant M. Kamath(Director)Michael Tam(Director)Adam Struck(Director)in

Co-investorsAnthem Venture Management, LlcBranded Strategic HospitalityCorrelation VenturesFJ LabsNoro-Moseley PartnersStruck Capital+4 more

Nayanaya.techin𝕏Sep 2022 · $5M

Naya Create 3.0 is a customizable keyboard product that allows users to configure their setup by selecting modules, switches, and keycaps to personalize their input device.

ConsumerHardware

Co-investorsCarao VenturesNV NOMFlybridge Capital PartnersK50 VenturesPrimary Venture Partners

Naya Homesnayahomes.coin𝕏Seed · Sep 2022 · $6M

Naya Homes by Casago operates a curated portfolio of vacation rental properties and luxury beachfront accommodations across Mexico's Pacific coast destinations, including Puerto Vallarta and the Riviera Nayarit.

MarketplacesTravel & HospitalityPuerto Vallarta, MX

Co-investorsCarao VenturesClocktower VenturesFlybridge Capital PartnersBBG VenturesPrimary Venture Partners

nestmentnestment.comin

Nestment provides first-time homebuyers with 1:1 coaching supported by AI-powered market data and analysis, homebuying education, and referrals to vetted real estate agents and lenders.

AI & Machine LearningFintechPropTech

Matt Trocker(VP of Coaches)

Co-investorsAspira CapitalCleo CapitalThe MBA FundVamosVenturesWestbound Equity PartnersIDEA Fund Partners+1 more

opertooperto.cominMar 2023 · $25M

Operto develops technology solutions tailored to hospitality businesses, addressing operational and guest experience challenges.

Enterprise SoftwarePropTechSaaSTravel & Hospitality

Co-investorsBlackPines Capital PartnersCentana Growth PartnersCentana PartnersFUSEThayer VenturesWatchfire Ventures

Pay Theorypaytheory.comin𝕏

Pay Theory provides payment processing infrastructure that embeds card and ACH transactions into existing software, with tools for merchant onboarding, sub-merchant account management, chargeback handling, and recurring billing.

Data & InfrastructureEdTechFintechImpact & Social GoodSaaSCincinnati, US

Joe Miramonti(Founder)in

Co-investorsCintrifuse CapitalLOUD CapitalNaples Technology VenturesGaingelsSica VenturesSixThirty Ventures+1 more

Rainrain.aeroin𝕏

Rain develops autonomous drone systems for detecting and suppressing wildfire ignitions in forest environments.

AI & Machine LearningClimate TechDefense TechRoboticsBritish Columbia, CA

MaxEphraimBryan

Co-investorsAzolla VenturesCircle VenturesConvective CapitalDe Fi Alliance HoldingsHAWKTAILThayer Investment Partners+2 more

roots natural kitchenrootsnaturalkitchen.com

Roots Natural Kitchen is a fast-casual restaurant chain serving natural, nutritious bowls and salads, with dine-in, online ordering, and event catering options.

ConsumerFoodTechWellness & FitnessCharlottesville, US

Joseph Linzon(Cofounder)

Runwiserunwise.comin𝕏Nov 2021

Runwise provides a wireless building control system that replaces traditional control infrastructure, which typically requires many devices, extensive wiring, and days of installation labor, with a single control installed wirelessly in a day or less.

CleantechIoTPropTech

Lee Hoffman(Founder)inMichael Cook(Founder)in

Co-investorsAlumni VenturesHelium-3 VenturesInitialized CapitalMassMutual VenturesMenlo VenturesMultiplier Capital+7 more

Scale Computingscalecomputing.comin𝕏

Scale Computing provides hyperconverged and edge computing infrastructure along with managed network services for running critical applications at distributed sites.

Cloud ComputingEnterprise SoftwareIoTIndianapolis, US

Jeff Ready(Executive Officer, Director)inScott Loughmiller(Founder & Chief Product Officer)inJason Collier(Executive Officer)inBill Morrow(CEO & Chairman)Brett Stewart(Chief Technology Officer, Founder of Acumera)Rod Hainje(Executive Officer)in

Co-investorsOaktreePeak Rock CapitalABS Capital PartnersAllos VenturesElevate VenturesLigo Partners LLC+1 more

Sensible Weathersensibleweather.comin𝕏May 2022 · $12M

Sensible Weather offers a Weather Guarantee product that automatically reimburses travelers up to 100% of their daily rate or booking cost when qualifying weather (such as rain or excessive heat) occurs during trips or outdoor activities like camping, golf, ski trips, theme parks, and concerts.

Climate TechInsurTechTravel & HospitalitySanta Monica, US

Nick Cavanaugh(Founder)inHeidi A. Lawson(Director)

BoardJay Ganatra(Director)in

Co-investorsAmex VenturesInfinity VenturesWonder Ventures75 & SunnyAmerican Express Ventures (Amex)Elysian Park Ventures+2 more

Skipperhiskipper.com

Hospitality tech startup offering direct booking tools for independent hotels.

Fort Worth, US

Julia Brickman(Manager of the Issuer.)inAaron Brickman(Manager of the Issuer.)

Co-investorsValence VenturesSequoia CapitalThayer Ventures

Sprysprypt.comin𝕏

SPRY is a software platform for rehabilitation and physical therapy clinics that handles patient intake, clinical documentation, billing and claims, patient engagement, and analytics.

Digital HealthHealthtechSaaSWilmington, US

Brijraj Bhuptani(Founder)

Co-investorsFJ LabsiSeedThink+ Ventures Management, LlcTitan CapitalTogether Fund

stayflexistayflexi.cominSeed

Stayflexi provides software that handles operations for hotels and vacation rentals, with features for automating management tasks and selling unused rooms and amenities to increase revenue.

Enterprise SoftwareSan Francisco, US

Venkatesh Sakamuri(Founder)inPreetam Mohan Shetty(Founder)inKrishna Sasank Talasila(Founder)in

Co-investorsGood News VenturesY CombinatorAsymmetry VenturesBlue Field CapitalGreat Wave Ventures

Thayer Investment Partnersthayerinvestmentpartners.com

Thayer Investment Partners is a venture capital firm focused on travel technology investing, backing companies that reshape travel, hospitality, and tourism operations.

Travel & Hospitality

Chris Hemmeter(Co-founder & Managing Partner)inTyler Carrico(Managing Partner)inMike Scott(Managing Partner)in

Co-investorsGideon Hixon FundKaszek Ventures

TopKeytopkey.ioin𝕏

Topkey is an AI-powered financial operating system designed for property managers that automates bill categorization, receipt processing, and financial reporting across properties to streamline accounting operations.

AI & Machine LearningEnterprise SoftwareFintechPropTechSaaSSan Francisco, US

Jonathan Sukhia(Founder)inBryan Beshore(Founder)in

Co-investorsAndreessen HorowitzAssurant VenturesFelicis VenturesY Combinator305 VenturesBHRL Holdings LLC+3 more

Vendvendhq.com𝕏Nov 2025 · $17.5MAcquired

Vend, now part of Lightspeed and marketed as Lightspeed Retail (X-Series), is a cloud-based point-of-sale and retail management platform for retailers to manage inventory, sales, customers, payments, and reporting across in-store and online channels.

E-commerceRetail TechSaaS

Co-investorsCommunitas Capital PartnersFolklore VenturesMovacPoint NinePunakaiki FundQualgro+6 more

VendParkvendpark.ioin

Vend is a parking company that combines an AI-driven technology platform with in-house operations, acting as the direct operator of parking at commercial properties rather than selling software to legacy operators.

AI & Machine LearningEnterprise SoftwareIoTMobility & TransportationPropTechSaaS

Karan Singhal(Co-Founder & CTO)inMichael Miele(Co-Founder & CEO)Pritesh Chandarana(COO)Tony Albanese(Head of Revenue)Lauren Mead(Fractional CMO)

Co-investorsCommunitas Capital PartnersBlue Heron CapitalAlumni VenturesAPA Venture PartnersFloating Point

Wayway.coin

Way offers a platform for brands to launch, market, and manage customer experiences such as events and reservable resources from a unified dashboard.

Enterprise SoftwareMarketing TechSaaSTravel & HospitalityAustin, US

Co-investorsInsight PartnersSide Door Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

canary techdirectormarginmewnuiteeOperto Guest Technologiesorderfullparaderorecent newssafaraunwiseVend Park

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has DERIVE VENTURES made?
DERIVE VENTURES has 47 tracked investments, 1 of which have exited, including 5 dated in the last 24 months.
What stage does DERIVE VENTURES invest at?
DERIVE VENTURES invests at the Seed, Series A stages.
What sectors does DERIVE VENTURES focus on?
DERIVE VENTURES focuses on Consumer, Fintech, FoodTech, Marketplaces, PropTech, SaaS, Travel & Hospitality.
Where is DERIVE VENTURES located?
DERIVE VENTURES is headquartered in San Francisco, US.
Does DERIVE VENTURES lead rounds?
DERIVE VENTURES typically participates in rounds rather than leading them.
Who does DERIVE VENTURES co-invest with?
DERIVE VENTURES most often shares deals with Thayer Investment Partners, Y Combinator, Alumni Ventures, among 112 tracked co-investors.
What size deals does DERIVE VENTURES back?
Across 7 deals with disclosed amounts, DERIVE VENTURES has joined rounds of $5M – $60M (median $12M).

Co-investors · 12

Alumni Ventures

Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.

$100K – $10M
FJ Labs

FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.

Both backed · 3
$100K – $3M
Flybridge Capital Partners

Flybridge Capital Partners is an East Coast venture capital firm backing early-stage, AI-focused startups. Founded in 2002, it invests at the pre-seed and seed stages across AI applications, infrastructure, and related sectors.

Both backed · 2
$250K – $10M
Inovia Capital

Inovia Capital is a full-stack venture capital firm based in Canada with a presence in the EU, partnering with founders to build global technology companies.

Both backed · 2
$250K – $8M
Camber Creek

Camber Creek is a venture capital firm focused on real estate technology (proptech), partnering closely with founders and leveraging its network of real estate industry limited partners to support portfolio companies.

Both backed · 2
$1M
Carao Ventures

Carao Ventures is an early-stage venture capital firm focused on small and medium-sized markets across Latin America, backing technically skilled and driven entrepreneurs seeking to disrupt uncompetitive industries.

Both backed · 2
K50 Ventures

K50 Ventures is a venture firm backing founders reinventing the physical economy, with a focus on the transformation of industrials through reshoring, electrification, and AI-native infrastructure.

Both backed · 2
$50K – $250K
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

Both backed · 1
$50K – $100M
Trinity Ventures

Trinity Ventures is an early-stage venture capital firm that invests in mission-driven entrepreneurs and their companies.

Both backed · 1
$500K – $6M
Coinbase Ventures

Coinbase Ventures is the investment arm of Coinbase, backing founders building across the crypto and Web3 ecosystem in support of Coinbase's mission of expanding economic freedom.

Both backed · 1
$100K – $10M
Clocktower Ventures

Clocktower Ventures is the venture arm of Clocktower Group, backing technology companies transforming financial services across consumer and enterprise fintech.

Both backed · 1
$100K – $20M
1517

1517 is a venture capital fund and community backing college dropouts, uncredentialed founders, and deep tech scientists at the earliest stages, from R&D/idea through seed. It was founded by the cofounders of the Thiel Fellowship and also provides grants and a global community of hackers, makers, and scientists.

$50K – $1M

Firms observed investing alongside DERIVE VENTURES, from public investor directories. Shared companies are the overlap with DERIVE VENTURES's recorded portfolio.

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