Rizvi Traverse Management
Growth equityWest Palm Beach · Growth–Late 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 Sep 1, 2026.
What they invest in
from 13 of 23 portfolio companiesMedia & Entertainment ×4AI & Machine Learning ×3Consumer ×3Deep Tech ×3Fintech ×3Hardware ×3Enterprise Software ×2SaaS ×2
HQs:United States×12
Who they back
founder profiles across 12 portfolio companiesFounding team size:solo founder×72 founders×13 founders×34+ founders×1
Where their founders worked beforefrom 11 founders with career history
NASA Ames Research Center ×3Space Generation Advisory Council ×2
Investments · 23 tracked
founders shown can be your intro pathBy year:2024 · 12022 · 12021 · 12014 · 12013 · 15 dated
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 SoftwareHardwareSemiconductors
Dinakar Munagala(Co-founder & CEO)in
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+29 more
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-investorsA.Capital VenturesA*Acequia Capital (AceCap)Allied Venture PartnersAmakorAndreessen Horowitz+52 more
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)Tim Sehn(Executive Officer)Emily White(Executive Officer)
BoardMitch Lasky(Director)
Co-investorsA-Rod CorpAlibaba GroupCoatue ManagementEntrée CapitalFidelity InvestmentsGeneral Atlantic+22 more
Revolutionizing space technology to make life multi-planetary
Hawthorne, US
Elon Musk(Founder, CEO & Chief Engineer)in
Co-investors1/1 Capital137 Ventures4DX VenturesA*Abstract VenturesAccess Technology Ventures+110 more
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)Brian Grassadonia(Executive Officer)Sivan Whiteley(Executive Officer)
BoardMary Meeker(Director)Jim McKelvey(Director)inRoelof Botha(Director)in
Co-investorsA*Bling CapitalCota CapitalCrunchFundHinge CapitalKleiner Perkins+14 more
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)
Co-investors137 Ventures408 VenturesA*ACME CapitalAcross Capital PartnersAglae Ventures+66 more
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-investorsAUDEO VENTURESAurum Venture PartnersBeyond CapitalBold Capital PartnersBVVCCoatue Management+25 more
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
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 FundBeyond CapitalBlue Lion GlobalChapter One+21 more
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)Felicis VenturesFuture Ventures+17 more
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
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+12 more
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
Exits · 8
IPOs and acquisitions across the tracked portfolioBlaizeNASDAQ: BZAIInstacartNASDAQ: CARTPinterestNYSE: PINSPlayboyNASDAQ: PLBYSnapNYSE: SNAPspace-xNASDAQ: SPCXSquareNYSE: XYZUberNYSE: UBER
Portfolio news
latest coverage across their companiesspace-x · businessinsider.com · Aug 16, 2026
Flipboard · techtimes.com · Aug 14, 2026
Pinterest · opportunitiesforyouth.org · Jul 30, 2026
Instacart · superbcrew.com · Jul 18, 2026
Planet Labs · finance.yahoo.com · Jul 18, 2026
Pipe list view · thesaasnews.com · Jul 16, 2026
Square · investing.com · Jun 29, 2026
Uber · fxleaders.com · Jun 25, 2026
Fund performance · 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 | — | 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
- How many investments has Rizvi Traverse Management made?
- Rizvi Traverse Management has 23 tracked investments, 8 of which have exited via acquisition or IPO.
- 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, Kleiner Perkins, Raptor Group, among 149 tracked co-investors.
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