/Investors

Rizvi Traverse Management

Growth equityActively deploying

West Palm Beach · Growth–Late Stage

Also known as Rizvi Traverse

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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 Sep 22, 2026.

Stage
Growth–Late Stage
Check
$25M – $1B
HQ
West Palm Beach, US
Instruments
Equity
Founded
2005
Last 12 months
1 investment
AUM
$1.3B
Tracked investments
25
Unicorns
10
IPOs
10
Acquisitions
1

What they invest in

from 13 of 25 portfolio companies

Media & Entertainment ×4AI & Machine Learning ×3Consumer ×3Deep Tech ×3Fintech ×3Hardware ×3Enterprise Software ×2SaaS ×2

HQs:United States×13

Who they back

founder profiles across 13 portfolio companies
62%
solo founders
8 of 13 mapped founding teams
58%
repeat founders
of 12 founders with career history

Founding team size:solo founder×82 founders×13 founders×34+ founders×1

What their founders studiedfrom 11 founders with field-of-study data

Business & Management ×2Engineering ×2Physics ×2

Where their founders worked beforefrom 12 founders with career history

NASA Ames Research Center ×3Space Generation Advisory Council ×2

Investments · 25 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12022 · 12021 · 22014 · 12013 · 17 dated

PLBY GroupNASDAQ: PLBYFeb 2021SEC filingmedium confidence

PLBY Group operates the Playboy brand through a licensing model and direct-to-consumer apparel business, primarily selling intimate apparel and accessories under the Honey Birdette label online and through retail stores, while licensing the Playboy trademark to third-party partners across consumer products and entertainment categories, supplemented by a relaunched magazine.

Los Angeles, US

Ben Kohn(Executive Officer, Director)Chris Riley(Executive Officer)inMarc Crossman(Chief Financial Officer and Chief Operating Officer)inDavid Miller(President, Playboy, Media & Brand)David Israel(Executive Officer)James Yaffe(Director)

Board seatSuhail Rizvi· per SEC Form D · $211.8M raise · filed Feb 2021

Co-investorsRT ICON Holdings

Blaizeblaize.comin𝕏NASDAQ: BZAINov 2025

Blaize develops edge AI computing platforms and software tools that enable efficient deployment of artificial intelligence models on edge devices with reduced power consumption and latency compared to traditional GPU/CPU solutions.

AI & Machine LearningCloud ComputingDeep TechEnterprise SoftwareHardwareSemiconductorsEl Dorado Hills, US

Dinakar Munagala(Co-founder & CEO)inHarminder Sehmi(Executive Officer)in

BoardTony Cannestra(Director)Lane Bess(Director)Yoshiaki Fujimori(Director)Juergen Hambrecht(Director)

Co-investorsSamsung Catalyst FundTemasek

Instacartinstacart.comin𝕏NASDAQ: CART

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 & CEO)inBrandon Leonardo(Founder)inMax Mullen(Founder)in

Co-investorsA*Andreessen HorowitzBACKGROUND CAPITALBling CapitalBright Pixel CapitalCanaan Partners+33 more

Pinterestpinterest.comNYSE: PINS

Pinterest operates a visual discovery platform where users save and browse images organised into boards, used heavily for shopping, recipes and design.

San Francisco, US

Evan Sharp(Co-founder & CDO)Ben Silbermann(Co-founder & CEO)inPaul Sciarra(Co-founder)Mike Yang(Executive Officer)Natalie Fair(Executive Officer)Bill Readyin

Co-investors3Spoke CapitalA.Capital VenturesA*Acequia Capital (AceCap)Allied Venture PartnersAmakor+53 more

Playboyplayboy.com𝕏NASDAQ: PLBY

Playboy publishes editorial and pictorial content, including magazine features and archival material, as a media brand.

ConsumerMedia & Entertainment

Ben Kohn(Chief Executive Officer, President, and Director)inMarc Crossman(Chief Financial Officer and Chief Operating Officer)David Miller(President, Playboy, Media & Brand)in

Co-investorsRT ICON Holdings

Snapsnapchat.comNYSE: SNAPApr 2014

Snapchat is a mobile app for communicating with friends and family through photos and videos, featuring augmented-reality Lenses, creative sharing tools, and a personalized map for discovering places and content.

ConsumerCreator EconomyMedia & EntertainmentSocialSanta Monica, US

Evan Spiegel(Co-founder and Chief Executive Officer)inBobby Murphy(Co-founder and Chief Technology Officer)Reggie Brown(Co-founder; former Chief Marketing Officer)Newton Porter(Executive Officer, Director)Taylor Auerbach(Executive Officer, Director)Tim Sehn(Executive Officer)

Co-investorsA-Rod CorpAccess Technology VenturesAlibaba GroupCapitalGCoatue ManagementEntrée Capital+33 more

SpaceXspacex.comNASDAQ: SPCX

Revolutionizing space technology to make life multi-planetary

Hawthorne, US

Elon Musk(Founder, CEO & Chief Engineer)inBret Johnsen(Executive Officer)inGwynne Shotwell(Executive Officer, Director)

BoardAntonio Gracias(Director)inSteve Jurvetson(Director)inDonald Harrison(Director)

Co-investors1/1 Capital137 Ventures2080 Ventures3Spoke Capital4DX Ventures7BC Venture Capital+156 more

Squaresquareup.com𝕏NYSE: XYZApr 2021

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(Co-founder)inBrian Grassadonia(Executive Officer)Sivan Whiteley(Executive Officer)

BoardMary Meeker(Director)Jim McKelvey(Director)inRoelof Botha(Director)in

Co-investorsA*Bling CapitalCota CapitalCrunchFundFirst Round CapitalHinge Capital+18 more

Uberuber.comin𝕏NYSE: UBER

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)Gautam Gupta(Executive Officer)inJeffrey Holden(Executive Officer)David Plouffe(Executive Officer)inEmil Michael(Executive Officer)in

Co-investors137 Ventures3Spoke Capital408 VenturesA*ACME CapitalAcross Capital Partners+69 more

Figure AIfigure.aiin𝕏Feb 2024

Figure develops general-purpose humanoid robots designed for deployment in workforce and home environments.

AI & Machine LearningHardwareRoboticsSunnyvale, US

Brett Adcock(Executive Officer, Director)inLee Randaccio(Executive Officer)Dana Berlin(Executive Officer)Logan Berkowitz(Executive Officer)Colby Adcock(Director)Peter Welinder(Director)

Co-investorsAlign VenturesAUDEO VENTURESAurum Venture PartnersBeyond CapitalBold Capital PartnersBVVC+33 more

Flipboardflipboard.comJun 2022

Flipboard is a news and social network aggregator that presents curated web content in a flippable magazine format.

Palo Alto, US

Michael McCue(Executive Officer, Director, Promoter)

BoardBing Gordon(Director)inDavid Bell(Director)

Co-investorsAmino CapitalCoatue ManagementComcast VenturesIndex VenturesK2 GlobalSaaStr Fund+5 more

Gildedgildedco.comin𝕏

Gilded offers institutional investors digital ownership of ethically sourced, institutional-grade gold as a hedge against inflation and portfolio diversification tool.

Crypto & Web3Fintech

Ashraf Rizvi(Founder)in

ICM Partnersicmpartners.com

Full-service talent and literary agency acquired by Creative Artists Agency in 2022.

Co-investorsCrestview Partners

Pipepipe.comin𝕏

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

Co-investors1/1 CapitalAltra VentureAngel Collective Opportunity FundAnthemis VentureBeyond CapitalBlue Lion Global+31 more

Planet Labsplanet.comin𝕏Dec 2013

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)inRobbie Schingler(Co-Founder and Chief Strategy Officer)inChristopher R. Boshuizen(Executive Officer, Director)inRobert H. Schlingler Jr.(Executive Officer, Director)

BoardZachary Bogue(Director)inSteve Jurvetson(Director)in

Co-investors137 VenturesAME Cloud VenturesDBL PartnersDCVC (Data Collective)Fall Line CapitalFelicis Ventures+18 more

RealDreald.comin𝕏Acquired

RealD develops and licenses 3D projection technology for movie theaters, operating a large installed base of 3D cinema screens across many countries.

HardwareMedia & Entertainment

Co-investorsCrawley VenturesShamrock CapitalW Capital Partners

Sandbox AQsandboxaq.comin𝕏

SandboxAQ combines artificial intelligence and quantum technology to address complex industrial challenges.

AI & Machine LearningDeep TechQuantum Computing

Jack Hidary(Founder)in

BoardSergey Brin(Founder)

Co-investorsAllianz XAvant Global LLCBreyer CapitalElaiaFPVIn-Q-Tel+13 more

SESACsesac.comin𝕏

SESAC is a music rights organization that administers performance, mechanical, and other music licensing services for writers, publishers, and composers.

LegalTechMarketing TechMedia & EntertainmentNew York, US

Paul Heinecke

Co-investorsBlackstoneW Capital Partners

Other

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

Deutsche ReGasI ICMJ JawboneK Key AirS Summit EntertainmentV VesselZ Ziegler Investments

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.

Exits · 11

10 IPOs · 1 acquisitions · showing 9

PLBY GroupNASDAQ: PLBYBlaizeNASDAQ: BZAIInstacartNASDAQ: CARTPinterestNYSE: PINSPlayboyNASDAQ: PLBYSnapNYSE: SNAPSpaceXNASDAQ: SPCXSquareNYSE: XYZUberNYSE: UBER

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
Rizvi Opportunistic Equity Fund IILPs: Los Angeles County Employees Retirement Association2010—1.0%1.05x0.95x

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

How many investments has Rizvi Traverse Management made?
Rizvi Traverse Management has 25 tracked investments, 11 of which have exited, including 1 dated in the last 24 months.
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 – $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.
Who does Rizvi Traverse Management co-invest with?
Rizvi Traverse Management most often shares deals with Coatue Management, Khosla Ventures, Kleiner Perkins, among 159 tracked co-investors.

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