Rizvi Traverse Management
Growth equityWest Palm Beach Β· GrowthβLate Stage
Investment thesis
Rizvi Traverse focuses on late-stage investing in high-growth, high-potential industries, building high conviction around sectors positioned to benefit from emerging secular trends and identifying strong business models and leaders to capitalize on them. The firm emphasizes patient capital to support visionary leaders over the long term and pursues an opportunistic strategy, targeting high-quality businesses in special or proprietary situations where its team's experience can create value for investors. It seeks superior risk-adjusted returns, participating in transactions ranging from $25 million to over $1 billion.
Source: firm website, verified Aug 11, 2026.
What they invest in
from 12 of 23 portfolio companiesAI & Machine Learning Γ3Fintech Γ3Media & Entertainment Γ3Consumer Γ2Deep Tech Γ2Enterprise Software Γ2Hardware Γ2SaaS Γ2
HQs:United StatesΓ10
Investments Β· 23 tracked
founders shown can be your intro pathBy year:2024 Β· 12022 Β· 12021 Β· 13 dated
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/Chairman & Founding CEO)inBrandon Leonardo(Founder)inMax Mullen(Founder)in
San Francisco, US
Evan Sharp(Executive Officer)Benjamin Silbermann(Executive Officer, Director, Promoter)Mike Yang(Executive Officer)Natalie Fair(Executive Officer)
BoardJeremy Levine(Director)Jeff Jordan(Director)
Venice, US
Square is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses.
FintechRetail TechSaaSSan Francisco, US
Jack Dorsey(Founder & CEO)Brian Grassadonia(Executive Officer)Sivan Whiteley(Executive Officer)
BoardMary Meeker(Director)Jim McKelvey(Director)Roelof Botha(Director)
Uber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.
Logistics & Supply ChainMarketplacesMobility & TransportationSan Francisco, US
Travis Kalanick(Co-founder & CEO)Garrett Camp(Co-founder)
Figure develops general-purpose humanoid robots designed for deployment in workforce and home environments.
AI & Machine LearningHardwareRoboticsSunnyvale, US
Lee Randaccio(Executive Officer)Dana Berlin(Executive Officer)Brett Adcock(Executive Officer, Director)Logan Berkowitz(Executive Officer)Colby Adcock(Director)Peter Welinder(Director)
Palo Alto, US
Michael McCue(Executive Officer, Director, Promoter)
BoardBing Gordon(Director)David Bell(Director)
Pipe provides working capital and financial tools to small and medium-sized businesses through integrations with software platforms they use daily.
Enterprise SoftwareFintechSaaSSan Francisco, US
Claurelle Rakipovic(Chief Executive Officer)inVijay Vachani(Chief Operating Officer)inJin Han(Chief Administrative Officer)inNate Wiger(Chief Product & Technology Officer)inAnna Moghaddam(VP, Head of People)in
Planet operates a web-geo platform that provides daily satellite imagery and foundational analytics of Earth's landmass for businesses, governments, and research institutions.
AgTechData & InfrastructureDeep TechSpace TechSan Francisco, US
Will Marshall(Co-founder and CEO)Robbie Schingler(Co-Founder and Chief Strategy Officer)Christopher R. Boshuizen(Executive Officer, Director)
BoardZachary Bogue(Director)Steve Jurvetson(Director)
SandboxAQ combines artificial intelligence and quantum technology to address complex industrial challenges.
AI & Machine LearningDeep TechQuantum Computing
Sergey Brin(Founder)
Revolutionizing space technology to make life multi-planetary
Exits Β· 7
IPOs and acquisitions across the tracked portfolioBlaizeNASDAQ: BZAIInstacartNASDAQ: CARTPinterestNYSE: PINSPlayboyNASDAQ: PLBYSnapNYSE: SNAPSquareNYSE: XYZUBER Everyone's Private DriverNYSE: UBER
Portfolio news
latest coverage across their companiesPlanet Labs Β· finance.yahoo.com Β· Jul 18, 2026
Instacart Β· superbcrew.com Β· Jul 18, 2026
Pipe list view Β· thesaasnews.com Β· Jul 16, 2026
Square Β· investing.com Β· Jun 29, 2026
UBER Everyone's Private Driver Β· fxleaders.com Β· Jun 25, 2026
Sandbox AQ Β· quantumzeitgeist.com Β· Jun 17, 2026
Fund performance Β· per public LP disclosures
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Rizvi Opportunistic Equity Fund IILPs: Los Angeles County Employees Retirement Association | 2010 | β | 1.0% | 1.05x | 0.95x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Rizvi Traverse Management invest at?
- Rizvi Traverse Management invests at the Growth, Late Stage stages.
- What is Rizvi Traverse Management's typical check size?
- Rizvi Traverse Management typically writes checks of $25M β $1B.
- What sectors does Rizvi Traverse Management focus on?
- Rizvi Traverse Management focuses on AI & Machine Learning.
- Where is Rizvi Traverse Management located?
- Rizvi Traverse Management is headquartered in West Palm Beach, US.
Similar investors
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
Cathay Innovation is a multi-stage venture capital firm founded in Paris in 2015 that invests in startups building technologies transforming how people live and work, backed by industry and corporate partners.
Eight Roads Ventures is a venture capital firm that backs and partners with technology and healthcare companies.
Horizons Ventures is an investment firm focused on the deep science and technology community, backing early companies whose impact aims to overcome barriers to human potential.
Khosla Ventures is a venture capital firm backing entrepreneurs across a broad range of sectors, from consumer and enterprise software to frontier technology, sustainability, and healthcare.