Fundraising Fox

Valor Equity Partners

Growth equity

Chicago · Seed–Late Stage · 28 people tracked

Also known as Valor Management Llc

Find your way into Valor Equity Partners

2,531 people in our graph share verified history with the Valor Equity Partners team — schools, employers, funds. One of them is your warm intro.

Chris Bischoffunlockedknows Vivek K. Pattipati · together at Goldman Sachs (overlapped)
knows the team · via University of Chicago
×2knows the team · via Harvard Business School
×2knows the team · via Goldman Sachs
knows the team · via Harvard University
knows the team · via Northwestern University - Kellogg School of Management
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Investment thesis

Valor positions itself as an operationally focused private investment firm that pioneered the concept of operational growth. Beginning over two decades ago by tech-enabling industrial companies, the firm applies an operational growth mindset to help portfolio companies improve efficiency, speed up production, and scale dramatically. It invests in technology and technology-enabled businesses across sectors including biosciences, transportation, food, and health and wellness, working closely alongside entrepreneurs to grow the operations of companies tackling significant challenges.

Source: firm website, verified Sep 15, 2026.

Stage
Seed–Late Stage
HQ
Chicago, IL, US
Leads rounds
Follows
Instruments
Equity
Founded
1995
Last 12 months
28 investments
AUM
$59.3B
Tracked investments
186

Team · 28 people

from the firm's website & curated & public directories
David Obrand· Executive Officer
Michael Soenen· Executive Officer
Nancy Kowalczyk· Executive Officer

Founder mafia

4 people who came through Valor Equity Partners went on to found or lead other companies.

What they invest in

from 146 of 186 portfolio companies

AI & Machine Learning ×52Consumer ×24Enterprise Software ×24SaaS ×23Data & Infrastructure ×22Deep Tech ×20FoodTech ×20Fintech ×17

HQs:United States×123Canada×2Brazil×1Germany×1France×1South Korea×1

Who they back

founder profiles across 50 portfolio companies
54%
solo founders
27 of 50 mapped founding teams
57%
repeat founders
of 54 founders with career history
~5 yrs
old at investment
median across 24 dated deals

Founding team size:solo founder×272 founders×133 founders×74+ founders×3

Where their founders studiedfrom 54 founders with education data

Stanford University ×5Cornell ×3Harvard University ×3Durham University ×2Tel Aviv University ×2The Wharton School ×2Tufts University ×2University of Virginia ×2

What their founders studiedfrom 47 founders with field-of-study data

Computer Science ×14Engineering ×10Economics ×6Business & Management ×5Finance & Accounting ×4Mathematics & Statistics ×3Politics & Policy ×3Humanities ×2

Where their founders worked beforefrom 54 founders with career history

ACTIVE Network ×2LinkedIn ×2SpaceX ×2Stripe ×2Twitter ×2Zenefits ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4Techstars ×2

4 founders hold a PhD · 4 hold an MBA (of 50 with degree data) · backed the same founder in 2+ companies: 2 founders

Investments · 186 tracked

founders shown can be your intro path

By year:2026 · 212025 · 192024 · 42023 · 162022 · 152021 · 142020 · 32019 · 32018 · 62017 · 32016 · 22015 · 2109 dated

BitGobitgo.comin𝕏NYSE: BTGODec 2017

BitGo provides institutional-grade infrastructure for digital assets, including regulated custody, wallet services, prime brokerage (trading, financing, settlement), stablecoin issuance, and embedded crypto-as-a-service.

Crypto & Web3Enterprise SoftwareFintechPalo Alto, US

Michael A. Belshe(Executive Officer, Director)Chen Fang(Executive Officer, Director)Krishna Juvvadi(Executive Officer)inEd Reginelli(Executive Officer)

BoardJeff Brody(Director)inBrian Murray(Director)in

Board seatAntonio Gracias· per SEC Form D

Co-investorsArkStream CapitalBlockchain CapitalBlockchain CoinvestorsCraft VenturesCyber CapitalDigital Currency Group+13 more

Harmony Biosciencesharmonybiosciences.comin𝕏NASDAQ: HRMYSep 2017

Harmony Biosciences develops innovative therapeutic treatments focused on rare neurological diseases.

BiotechHealthtechMedical DevicesNorthbrook, US

Jeffrey Aronin(Director)inJeffrey M. Dayno, M.D.(President and Chief Executive Officer)inPatrick Morris(Secretary and Treasurer)inRobert Repella(Director and Chief Executive Officer)Darien Parhad(Chief Financial Officer)

BoardAaron Royston(Director)in

Board seatAntonio GraciasJuan Sabater· per SEC Form D

Co-investorsAisling CapitalParagon Biosciences LLCvenBio PartnersNovo HoldingsvenBio Global StrategicVivo Capital

Porchporch.com𝕏NASDAQ: PRCHJan 2015

Porch provides homeowners insurance through its reciprocal exchange and offers bundled home services including warranty coverage, moving assistance, and handyman services.

InsurTechPropTechSeattle, US

Ronnie Castro(Executive Officer)inMatt Ehrlichman(Founder)inJake Cooney(Founder)inAsha Sharma(Executive Officer)Gregg Eskenazi(Executive Officer)Jeffrey Dossett(Executive Officer)

Board seatAntonio Gracias· per SEC Form D

Co-investorsGraph VenturesRunway Growth CapitalCapricorn Investment GroupFounders Fund

SpaceXspacex.comNASDAQ: SPCXAug 2022

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)

BoardSteve Jurvetson(Director)inDonald Harrison(Director)

Board seatAntonio Gracias· per SEC Form D

Co-investors1/1 Capital137 Ventures4DX VenturesA*Abstract VenturesAccess Technology Ventures+113 more

Teslatesla.comNASDAQ: TSLANov 2018SEC filingmedium confidence

Tesla designs and manufactures electric vehicles, battery storage and solar products, and develops autonomous driving software.

Palo Alto, US

Elon Musk(Co-founder & CEO)Jeffrey B Straubel(Executive Officer)Martin Eberhard(Founder)inJerome M Guillen(Executive Officer)inDeepak Ahuja(Executive Officer)John Douglas Field(Executive Officer)

Board seatAntonio Gracias· per SEC Form D · $20M raise · filed Nov 2018

Co-investorsCapital Q® Ventures Inc.DBL PartnersDraper AssociatesFuture VenturesKluz VenturesM33 Growth+9 more

Redditreddit.comin𝕏NYSE: RDDTAcquired

A social platform where users post content and discussions that are ranked by community votes, reaching hundreds of millions of monthly visitors across web and mobile applications.

Cloud ComputingConsumerMedia & EntertainmentSocialSan Francisco, US

Steve Huffman(Founder)inAlexis Ohanian(Cofounder)inMelissa Tidwell(Executive Officer)in

BoardSam Altman(Interim CEO (2014); board member until 2022)Keith Rabois(Director)Robert A. Sauerberg, Jr.(Director)

Co-investors500 GlobalA.Capital VenturesA*AAF Management Ltd.AlleyCorpAndreessen Horowitz+28 more

Altaaltatech.ioin✓ verified

Alta Resource Technologies develops engineered protein-based mineral separation technology to extract rare earth elements and critical minerals from mined ores, electronic waste, and processing byproducts.

CleantechDeep TechEnergyNew Materials

Nathan Ratledge, PhD(CEO)Matthew Lipscomb, PhD(CSO/President)

Co-investorsBaruch Future VenturesJuniperAtreides ManagementDCVC (Data Collective)In-Q-TelOrion Resource Partners+8 more

Blocktempoblocktempo.comin𝕏✓ verified

Polymarket operates a decentralized prediction market platform where users can bet on the outcomes of real-world events such as sports and elections.

Crypto & Web3Data & InfrastructureDeep TechFintechMarketplacesMedia & EntertainmentSpace TechTaipei, TW

Yu-Ting (Mike) Lin(Founder)inJoey Luo(Founder)inShayne Coplan(CEO)Charlie Horowitz(CEO)Tyler Presser(CTO)

Co-investorsAndreessen HorowitzD.E. ShawDragonflyG SquaredGeneral CatalystSV Angel+1 more

Looploop.comin𝕏Apr 2026 · $95M✓ verified

Loop builds AI-powered software for transportation spend and payment management in the supply chain, using an LLM and an "atomic task" system to structure supply chain data and automate back office financial processes.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechLogistics & Supply ChainSan Francisco, US

Matt McKinney(Co-Founder & CEO)inShaosu Liu(Co-Founder & CTO)in

Co-investors8VCIndex VenturesFlexportFounders FundSusa VenturesExpa+8 more

NewLimitnewlimit.com𝕏May 2025✓ verified

NewLimit develops epigenetic reprogramming medicines to extend healthspan and treat age-related diseases at the intersection of computer science and biotechnology.

AI & Machine LearningBiotechLongevitySouth San Francisco, US

Brian Armstrong(Co-founder, Board of Directors)inBlake Byers(Director)inJacob Kimmel(Director)inMichael Polansky(Executive Officer)

BoardZavain Dar(Director)in

Co-investorsS328VCAbstract Venturesage1Beyond CapitalDraper Associates+6 more

Addeparaddepar.comin𝕏Jun 2021

Addepar is a portfolio management platform that enables investment teams and CIOs to aggregate, analyze, and report on diverse asset classes—including liquid equities and private markets—within a single consolidated system.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechMountain View, US

Joe Lonsdale(Founder and Chairman of the Board)inEric Poirier(Chief Executive Officer and Board Member)inStephen Snyder(Executive Officer)inMitchell Bompey(Chief Financial Officer)in

BoardLaurence Tosi(Director)in

Board seatJuan Sabater· per SEC Form D

Co-investors8VCBlumberg CapitalCollective LiquidityCota CapitalCraft VenturesFf Venture Capital+11 more

Aescapeaescape.cominNov 2022

Aescape offers automated precision bodywork that uses intelligent systems to personalize and adapt each recovery/massage session over time.

B2B MarketplacesConsumerHardwareRoboticsWellness & FitnessNew York, US

Eric Litman(Executive Officer, Director, Promoter)inJohn Lema(Director)

BoardEric Chin(Director)in

Board seatJonathan Shulkin· per SEC Form D

Co-investorsAlleyCorpAlumni VenturesBasecamp FundBroadLight CapitalCrosslink CapitalFJ Labs+5 more

Baron App, Inc.Jan 2025SEC filingmedium confidence

Chicago, US

Steven Galanis(Executive Officer, Director)Dave Hsu(Executive Officer)Eric Fleisig-Greene(Executive Officer)

BoardJonathan Turner(Director)

Board seatJonathan Shulkin· per SEC Form D · $2.9M raise · filed Jan 2025

Co-investorsKleiner PerkinsStarting Line

Bird RidesMar 2018SEC filingmedium confidence

Santa Monica, US

Travis VanderZanden(Executive Officer, Director)Nathaniel Justin Kan(Director)Stephen Schnell(Director)Daniel Friedland(Director)

BoardDavid Sacks(Director)

Board seatAntonio Gracias· per SEC Form D · $100M raise · filed Mar 2018

Co-investorsCraft VenturesGoldcrest Capital

Bokksubokksu.comJan 2022SEC filingmedium confidence

Bokksu offers a subscription service that delivers monthly boxes of authentic Japanese snacks, candies, and teas sourced from family-run makers in Japan, along with a culture guide describing each product's origin and flavor.

ConsumerDirect to ConsumerE-commerceCarlstadt, US

Danny Taing(Executive Officer, Director)in

Board seatJonathan Shulkin· per SEC Form D · $22.5M raise · filed Jan 2022

Co-investorsKube VCSprint VcCompany VenturesGaingelsWorld Innovation Lab

Castle Creek Biosciencescastlecreekbio.comin𝕏Feb 2025 · $112.8M

Castle Creek Biosciences develops re-dosable gene therapies for genetic diseases, with a lead candidate (D-Fi) in registrational clinical trials for dystrophic epidermolysis bullosa.

BiotechDeep TechMedical DevicesExton, US

Matthew Gantz(President and Chief Executive Officer)inDavid ChuinMichael TownsleyChristopher J. LarsoninRhea WilliamsinJude Sullivan(Executive Officer)

Board seatAntonio Gracias· per SEC Form D

Co-investorsParagon Biosciences LLCFidelity InvestmentsHorizon

Castle Creek PharmaceuticalsSep 2016SEC filingmedium confidence

BiotechBedminster, US

Greg Licholai(President)Michael Derby(Chief Executive Officer and Secretary)Jeffrey Aronin(Director)

BoardPatrick Morris(Director)Timothy Cunniff(Director)

Board seatAntonio Gracias· per SEC Form D · $48M raise · filed Oct 2016

Co-investorsFidelity Investments

CIRC Biosciences, Inc.Oct 2024SEC filingmedium confidence

BiotechChicago, US

Darien Parhad(Executive Officer)Patrick Morris(Executive Officer, Director)Sai Chavala(Director)

BoardTimothy Cunniff(Director)Jeffrey Aronin(Director)

Board seatAntonio Gracias· per SEC Form D · $250K raise · filed Oct 2024

Cloud9cloud9.ggin𝕏Sep 2018

Cloud9 is an esports organization that competes in Call of Duty: Black Ops 7, a first-person shooter game with competitive multiplayer modes.

GamingSports TechLos Angeles, US

Paullie K. Etienne(Executive Officer, Director)inJacques M. Etienne(Executive Officer, Director)

BoardDaniel Fiden(Director)

Board seatAntonio Gracias· per SEC Form D

Co-investorsEspt Ventures LlcBalderton CapitalCloud9 CapitalFounders FundReimagined VenturesTrueBridge Capital Partners

Crusoecrusoeenergy.comOct 2025 · $600M

Crusoe designs, builds, and operates cloud infrastructure purpose-built for AI, offering high-performance GPU compute, storage, and networking.

AI & Machine LearningCloud ComputingData & InfrastructureDenver, US

Chase Lochmiller(Founder)in

Board seatVivek K. Pattipati· per SEC Form D

Co-investorsCoinbase VenturesUpper90Zigg CapitalFounders FundLong Journey VenturesMubadala Capital+2 more

Daily Grabs Inc.Mar 2025SEC filingmedium confidence

Toronto

Shraga Rosenzweig(Director)Yisroel Rosenzweig(Executive Officer, Director)Matt Nichols(Director)Rosenzweig Yisroel(Executive Officer, Director)Rosenzweig Shraga(Director)Vaturi Marc(Director)

Board seatJonathan Shulkin· per SEC Form D · $10M raise · filed Mar 2025

Doms Marketdomschicago.comApr 2021Defunct

Dom's is a Chicago sandwich shop serving deli items such as its turkey club made with local Slagel Farm smoked turkey, bacon, provolone, and various toppings.

ConsumerChicago, US

Robert A. Mariano(Executive Officer, Director, Promoter)Donald G. Fitzgerald(Executive Officer, Promoter)Jay L. Owen(Executive Officer, Director, Promoter)

BoardKeith L. Kravcik(Director)inGreg Wasson(Director)

Board seatJonathan Shulkin· per SEC Form D

Co-investorsCleveland AvenueInnventus

Eight Sleepeightsleep.com𝕏Jul 2021 · $86M

Eight Sleep manufactures a smart bed system called the Pod that provides personalized temperature control, elevation adjustment, and integrated sound for sleep optimization.

ConsumerHardwareIoTWellness & FitnessNew York City, US

Matteo Franceschetti(Founder/CEO)inMassimo Andreasi Bassi(Founder/CTO)inAlexandra Zatarain(Founder/CMO)in

BoardNG YiPin(Director)

Board seatAntonio Gracias· per SEC Form D

Co-investorsAltra VentureAntiAzure Capital PartnersBlue Scorpion InvestmentsComcast VenturesCota Capital+29 more

Evozyneevozyne.cominSep 2023SEC filingmedium confidence

Evozyne designs and builds engineered protein therapeutics using an AI-native platform, focusing on treatments for immune-mediated diseases.

AI & Machine LearningBiotechDeep TechHealthtechChicago, US

Aris Theologis(Executive Officer, Director)inDarien Parhad(Executive Officer)Patrick J. Morris(Executive Officer, Director)Marc Yoskowitz(CEO)inRama Ranganathan(Executive Officer, Director)

BoardJeffrey S. Aronin(Director)

Board seatAntonio Gracias· per SEC Form D · $100M raise · filed Sep 2023

Co-investorsParagon Biosciences LLCOrbiMedFidelity InvestmentsNVenturesNVIDIA

Foodafooda.comin𝕏Sep 2017

Fooda operates a marketplace that brings restaurant partners and popup dining experiences directly to workplaces, allowing employees to access fresh meals from high-rated restaurants without leaving their office location.

FoodTechHR TechMarketplacesChicago, US

Orazio Buzza(Executive Officer, Director)inJason Stulberg(Executive Officer)inAlex Groesbeck(Executive Officer)

BoardJonathan K. Shulkin(Director)Susan S. Hassan(Director)William Pescatello(Director)in

Board seatJonathan Shulkin· per SEC Form D

Co-investors500 GlobalChaifetz GroupFull In PartnersLightbankMultiplier Capital

Harbor PlatformMar 2018SEC filingmedium confidence

San Francisco, US

David Sacks(Director)Robert Remeika(Executive Officer, Director)Joshua Stein(Executive Officer, Director)

BoardBrad Greiwe(Director)in

Board seatAntonio Gracias· per SEC Form D · $28.3M raise · filed Apr 2018

Co-investorsFifth Wall

K Healthkhealth.aiAug 2020 · $42M

HealthtechNew York, US

Ran Shaul(Executive Officer)Allon Bloch(Executive Officer, Director)inAshok Balakrishnan(Executive Officer)Chen Yehudai(Executive Officer)inYaron Savoray(Executive Officer)Adam Singolda(Director)

Board seatAntonio Gracias· per SEC Form D

Co-investorsComcast VenturesLerer HippeauMangrove Capital PartnersNotable CapitalPrimary Venture Partners14W+7 more

keenwawaJul 2019SEC filingmedium confidence

San Francisco, US

Josh Gartland(Executive Officer)Christopher Grewe(Executive Officer)Isaac Pritzker(Director)Rachel Gonzalez(Director)David Friedberg(Director)Adam Brotman(Executive Officer, Director)

Board seatAntonio GraciasJonathan Shulkin· per SEC Form D · $41.7M raise · filed Aug 2019

LesserEvillesserevil.cominOct 2021

LesserEvil makes organic, non-GMO snacks produced in its own factories using ingredients such as virgin coconut oil and avocado oil.

Advanced ManufacturingConsumerDirect to ConsumerFoodTechDanbury, US

BoardCharles Coristine(Executive Officer)in

Board seatJonathan Shulkin· per SEC Form D

Co-investorsInvestEcoTouch Capital

Linus Technology NewCoMay 2025SEC filingmedium confidence

New York, US

Peter Rahal(Executive Officer, Director)Zach Ranen(Executive Officer)

BoardJonathan K. Shulkin(Director)

Board seatJonathan Shulkin· per SEC Form D · $75M raise · filed May 2025

Logiwa Technology, Inc.Feb 2023SEC filingmedium confidence

Chicago, US

Erhan Musaoglu(Executive Officer, Director, Promoter)in

BoardAnna Garcia(Director)Cenk Bayrakdar(Director)in

Board seatJonathan Shulkin· per SEC Form D · $26.4M raise · filed Feb 2023

Co-investorsRevo Capital

Magic Schoolmagicschool.aiin𝕏Jan 2025SEC filingmedium confidence

MagicSchool is an AI platform designed for schools that helps teachers with lesson planning, student support, and feedback, while enabling students to develop AI skills.

AI & Machine LearningEdTechDenver, US

Adeel Khan(Founder & CEO)inTodd Tobin(Executive Officer)inJames Biven(Executive Officer)

BoardChristina Melas-Kyriazi(Director)

Board seatAntonio Gracias· per SEC Form D · $45M raise · filed Jan 2025

Co-investorsBain Capital VenturesGSV VenturesRange VCService Provider CapitalEdovate CapitalRethink Capital Partners

Paragon Biosciences Emalex Capital, Inc.Jul 2025SEC filingmedium confidence

BiotechChicaco, US

Patrick J. Morris(Executive Officer)Eric Messner(Executive Officer, Director)inDarien Parhad(Executive Officer)Jeffrey Aronin(Director)Timothy Cunniff(Director)

Board seatAntonio Gracias· per SEC Form D · $270M raise · filed Jul 2025

Paragon Biosciences Qlarity CapitalOct 2019SEC filingmedium confidence

BiotechChicago, US

Darien Parhad(Executive Officer)Jeffrey S. Aronin(Director)Patrick J. Morris(Executive Officer, Director)

BoardAntonio J. Gracias(Director)in

Board seatAntonio Gracias· per SEC Form D · $15M raise · filed Nov 2019

Roti Restaurants Inc.Apr 2021SEC filingmedium confidence

Chicago, US

Justin Seamonds(Executive Officer, Director)

BoardBrian Chu(Director)Mats Lederhausen(Director)Eric Becker(Director)Lawrence Lessans(Director)Lawrence Macks(Director)

Board seatJonathan Shulkin· per SEC Form D · $27.7M raise · filed Apr 2021

Skinny ButcherJan 2022SEC filingmedium confidence

Birmingham, US

Zack Levenson(Director)Daryl Gormley(Director)David J. Ziolkowski(Executive Officer, Director)

BoardJonathan K. Shulkin(Director)

Board seatJonathan Shulkin· per SEC Form D · $10M raise · filed Jan 2022

Sonder CanadaMay 2019DefunctSEC filingmedium confidence

Montréal-founded short-term rental operator that scaled to 9,000+ hotel-style units before shutting down and liquidating in late 2025.

Travel & HospitalitySan Francisco, US

Francis Davidson Tanguay(Executive Officer, Director)Lucas Pellan(Executive Officer, Director)

BoardNabeel Hyatt(Director)inVivek Pattipati(Director)inLaurence Tosi(Director)inNeil Mehta(Director)

Board seatVivek K. Pattipati· per SEC Form D · $225M raise · filed Jul 2019

Co-investorsSpark CapitalWestCap

Songfinchsongfinch.comJul 2025

Chicago, US

Robert Lindquist(Executive Officer, Director)Josh Kaplan(Executive Officer, Director)Scott Kitun(Executive Officer, Director)John Williamson(Executive Officer, Director)

BoardSam Yagan(Director)in

Board seatJonathan Shulkin· per SEC Form D

Co-investorsCorazon Capital

Square Rootssquarerootsgrow.cominApr 2022

Square Roots operates modular indoor hydroponic farming facilities and provides farm-management software along with expert services for growing crops in controlled environments.

AgTechClimate TechFoodTechBrooklyn, US

Tobias Peggs(Executive Officer, Director)inKimbal Musk(Executive Officer, Director)in

Board seatJonathan Shulkin· per SEC Form D

Co-investorsCity LightLightbankCollaborative Fund

TrustworthyinApr 2022 · $15M

San Francisco, US

Nathaniel Robinson(Executive Officer, Director)Daniel McCool(Executive Officer, Director)

BoardDaniel S. Bomze(Director)

Board seatJonathan Shulkin· per SEC Form D

Co-investorsSNR VCSquareOne

Voyage Foodsvoyagefoods.comFeb 2022SEC filingmedium confidence

Voyage Foods develops B2B ingredients that create sustainable, stable alternatives to traditional commodity sources for popular foods and beverages, addressing volatility in global ingredient markets and climate risks.

AgTechClimate TechFoodTechOakland, US

Adam Maxwell(Executive Officer, Director)

BoardStephen George(Director)Alec Lee(Director)James Stewart(Director)inGary Wu(Director)

Board seatJonathan Shulkin· per SEC Form D · $36M raise · filed Feb 2022

Co-investorsBloom8Cerity Partners VenturesCollaborative FundHorizons VenturesLevel One FundNimble Partners+2 more

Aaloaalo.coDefunct

ConsumerSan Francisco, US

Sejun Park(Founder)in

Co-investorsY CombinatorHitachi Ventures

Aalo Atomicsaalo.comin𝕏

Aalo develops advanced nuclear reactor technology aimed at producing electricity at under 3 cents per kilowatt-hour.

Climate TechDeep TechEnergyHardware

Matt(Co-founder)inYasir(Co-founder)in

Co-investorsAlumni VenturesBasecamp FundBlack FlagBrave CapitalCrosscut VenturesDash VC+24 more

ADPadp.comin𝕏

ADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally.

Cloud ComputingEnterprise SoftwareHR TechSaaSRoseland, US

Co-investorsadMare BioInnovationsADP VenturesBraemont Capital

Agentsyncagentsync.ioin𝕏Dec 2021 · $75M

AgentSync provides insurance infrastructure software that manages onboarding, licensing, and appointment processes for carriers, agencies, MGAs, and producers.

Enterprise SoftwareInsurTechSaaSDenver, US

Niji Sabharwal(Founder & Chief Executive Officer)inJennifer Knight(Founder & Chief Technology Officer)in

Co-investors137 VenturesAnthemis VentureCraft VenturesMischiefNine Four VenturesOperator Collective+4 more

Ambossamboss.space𝕏May 2023 · $4M

Amboss provides analytics, node and channel explorer tools, and free utilities (invoice/LNURL decoding, fiat-BTC conversion) for the Bitcoin Lightning Network.

Crypto & Web3Data & InfrastructureDeveloper Tools

Co-investorsSTILLMARKDraper AssociatesFulgur Ventures

AMP Roboticsamprobotics.comin𝕏

AMP builds AI-powered automated sorting systems for waste recycling infrastructure, enabling material recovery and improving separation purity for recycling facilities globally.

AI & Machine LearningCircular EconomyRoboticsColorado, US

Matanya Horowitz(Founder & CEO)inTimothy Stuart(Executive Officer, Director)Justin Ross(Executive Officer)inRobert Norris(Executive Officer)inBeth Dec(Executive Officer)Robert Kreamer(Executive Officer, Director)

Co-investorsCollaborative FundComet LabsGV (Google Ventures)Prelude VenturesRange VCSequoia Capital+1 more

Andurilanduril.comin

Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.

AI & Machine LearningDefense TechHardwareRobotics

Palmer Luckey(Founder)inBrian Schimpf(CEO)inTrae Stephens(Founder)in

Co-investors137 Ventures1Flourish Capital8VCAltra VentureAndreessen HorowitzAnorak Ventures+82 more

Aria Networksarianetworks.comin𝕏Apr 2026 · $125M

Aria Networks builds network switches engineered from the ASIC level to capture high-resolution telemetry, combining network, host system, and ML workload signals into a unified context for issue detection.

AI & Machine LearningData & InfrastructureHardwarePalo Alto, US

Mansour Karam(Executive Officer, Director)inSteven J. Morgan(Executive Officer)Subhachandra Chandra(Executive Officer, Director)

BoardStefan A. Dyckerhoff(Director)Gavin Baker(Director)

Co-investorsAtreides ManagementEclipse VenturesSutter Hill Ventures

Atmosphereatmosphere.tv
Atreidesatreides.ioin

Atreides transforms large-scale data into structured insights for operators making high-stakes decisions.

AI & Machine LearningData & InfrastructureDeep TechDefense Tech

Co-investors7percent VenturesAtreides ManagementCapitalGNVIDIA

Basebase.clubin𝕏Aug 2026 · $1B

Base is a membership-based social club that curates intimate gatherings and experiences for members seeking meaningful conversations and authentic connections beyond traditional networking.

ConsumerMarketplacesSocial

Co-investorsConnetic VenturesGeek VenturesTetradAdditionAltimeter CapitalAndreessen Horowitz+8 more

Baseparagraph.comin𝕏Aug 2026 · $1B

Paragraph provides a platform for creating and managing newsletters, with features including draft search, author assignment, and website-based subscriber collection.

AI & Machine LearningCreator EconomyMarketing TechMedia & EntertainmentSaaSSan Francisco, US

Colin Armstrong(Founder)in

Co-investorsArchetypeCoinbase VenturesEthereumLemniscapUnion Square Ventures (USV)Addition+2 more

Base Powerbasepowercompany.comin𝕏

Base Power provides residential battery systems and retail electric provider services to customers in Texas.

CleantechEnergyHardwareTexas, US

Zach Dell(CEO)inJustin Lopas(Co-founder)in

Co-investors137 VenturesAndreessen HorowitzAvenir Growth CapitalCapitalGCongruent VenturesContrary+20 more

Bedrock Roboticsbedrockrobotics.comin𝕏

Bedrock Robotics develops autonomous robotic systems for construction sites, applying self-driving vehicle technology to address skilled labor shortages in building, energy, data centers, and factories.

AI & Machine LearningConstruction TechRobotics

Boris Sofman(Founder & CEO)inKevin Peterson(Founder)inAjay Gummalla(Founder)inTom Eliaz(Founder)in

Co-investors8VCC4 VenturesCapitalGDeviation CapitalEclipse VenturesEmergence Capital Partners+6 more

Bellwetherbellwethercoffee.comin

Bellwether Coffee makes an all-electric, ventless countertop coffee roaster along with a curated green coffee marketplace, roast profiles, and retail packaging for cafés and businesses to roast and sell coffee in-house.

Advanced ManufacturingFoodTechHardwareRetail TechBerkeley, US

Ricardo Lopez(Chief Financial Officer, Treasurer and Secretary)Nathan Gilliland(President and Chief Executive Officer)inMathieu Brown(Executive Officer, Director)inRolph Decker(Director)

BoardKenneth Hood(Director)in

Co-investorsCongruent VenturesDBL PartnersFusionX VenturesHCVCRSE VenturesTandem Capital+1 more

Benchmarkbenchmarkanalytics.comin𝕏

Benchmark Analytics builds data-driven talent management and early intervention solutions for law enforcement agencies, sheriff's offices, and related organizations.

Data & InfrastructureEnterprise SoftwareGovTechHR TechLegalTechChicago, US

Bob Tulini(Co-Founder)inRon Huberman(Chief Executive Officer)in

BoardKaren Konow(Former Chief, Bureau of Internal Affairs, Chicago Police Department)Karen Rowan(Former Assistant Deputy Superintendent of Internal Affairs, Chicago Police Department)

Co-investorsLakewest Venture Partners

Bird Scootersbird.coin

Bird operates a shared electric scooter and e-bike service designed to reduce car trips and emissions in urban environments across multiple continents.

CleantechMobility & TransportationSanta Monica, US

Co-investorsAccelAlate PartnersCanaan PartnersCoastCapComcast VenturesCraft Ventures+19 more

Blackseed Bagelsblackseedbagels.com
Braintrustbraintrust.devin𝕏

Braintrust provides AI observability and evaluation platform that monitors production AI systems to surface patterns, define quality standards, and automate improvements.

AI & Machine LearningData & InfrastructureDeveloper ToolsSan Francisco, US

Ankur Goyal(Founder & CEO)inEden Halperin(Head of Product)in

BoardMatthew Jacobson(Board Member; General Partner, ICONIQ Growth)Saam Motamedi(Board Partner / Investor Director, Greylock)

Co-investorsAlt CapitalAndreessen HorowitzDatabricks VenturesElad GilGreylock PartnersICONIQ+1 more

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 · 10

IPOs and acquisitions across the tracked portfolio

BitGoNYSE: BTGOHarmony BiosciencesNASDAQ: HRMYPorchNASDAQ: PRCHSpaceXNASDAQ: SPCXTeslaNASDAQ: TSLARedditNYSE: RDDTErisXacq. by Cboe Global MarketsInphiacq. by MarvellSendwaveacq. by WorldRemitxAIacq. by SpaceX

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 10

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
CV Consortio Fund L.P.LPs: California Public Employees' Retirement System20231.90x0.00x
Valor Equity Partners VI ASF IX BLPs: New York City Fire Department Pension Fund20231.49x
Valor Equity Partners VILPs: California Public Employees' Retirement System, New York City Employees' Retirement System, Teachers' Retirement System of the City of New York +4 more20221.44x0.00x
Valor Equity Partners V, L.P.LPs: California State Teachers' Retirement System, New York City Employees' Retirement System, Teachers' Retirement System of the City of New York +3 more202018.0%1.86x0.06x
Valor Equity VLPs: South Carolina Retirement System Investment Commission202018.4%
N Valor Equity Partners VLPs: New York City Fire Department Pension Fund20199.90x
Valor Equity Partners IV L.P.LPs: California Public Employees' Retirement System, California State Teachers' Retirement System, New York City Police Pension Fund201720.6%3.11x0.22x
Valor Equity Partners IIILPs: New York City Police Pension Fund201312.0%2.02x1.38x
VALOR EQUITY IIILPs: New York City Board of Education Retirement System1.08x
VALOR IVLPs: New York City Board of Education Retirement System2.94x

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).

Public market activity · per SEC filings

what is this? ⓘ

6 insider ownership filings (Forms 3/4/5)

at BITGO HOLDINGS, INC. (BTGO)

From the firm's own SEC EDGAR filings — stakes and insider roles in public companies, typically portfolio companies after an IPO. Not a portfolio list published by the firm.

Frequently asked questions

How many investments has Valor Equity Partners made?
Valor Equity Partners has 80 tracked investments, 4 of which have exited via acquisition or IPO, including 7 dated in the last 24 months.
What stage does Valor Equity Partners invest at?
Valor Equity Partners invests at the Seed, Growth, Late Stage stages.
What sectors does Valor Equity Partners focus on?
Valor Equity Partners focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Deep Tech, FoodTech, Healthtech, Mobility & Transportation, Sector Agnostic, Wellness & Fitness.
Where is Valor Equity Partners located?
Valor Equity Partners is headquartered in Chicago, US.
Does Valor Equity Partners lead rounds?
Valor Equity Partners typically participates in rounds rather than leading them.
Who does Valor Equity Partners co-invest with?
Valor Equity Partners most often shares deals with Felicis Ventures, Sequoia Capital, Accel, among 352 tracked co-investors.
What size deals does Valor Equity Partners back?
Across 9 deals with disclosed amounts, Valor Equity Partners has joined rounds of $42M – $675M (median $112.8M).

Media · Podcasts & interviews

featuring the team

Antonio Gracias of Valor Equity Partners on what it takes to back a contrarian bet #upfrontsummit

Upfront Ventures · Antonio Gracias

Episode 41: Antonio Gracias - Founder and CEO of Valor Equity Partners

Generating Alpha Podcast · Antonio Gracias

Antonio Gracias, Valor Equity Partners L.P. (2009)

Crain's Chicago Business · Antonio Gracias · youtube.com

Images

Valor Equity Partners photoValor Equity Partners photoValor Equity Partners photoValor Equity Partners photoValor Equity Partners photoValor Equity Partners photo

Co-investors · 42

Atreides Management

Atreides Management, LP is an investment firm that applies a crossover strategy, investing in technology and consumer companies across both public and private markets with a long-term perspective.

Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
Congruent Ventures

Congruent Ventures is an early-stage venture firm backing North American teams innovating across hardware, software, and business models, with a focus on climate and sustainability.

$100K – $5M
Lux Capital

Lux Capital is a venture capital firm that backs founders building transformative deep technologies, having been among the first investors in category-defining companies across AI, robotics, biotech, defense, and infrastructure.

$100K – $100M
Union Square Ventures (USV)

Union Square Ventures is a venture capital firm based in New York City that invests at the edge of large markets undergoing transformation from technological and societal pressures.

$1M – $8M
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
BoxGroup

BoxGroup is an early-stage venture capital firm that invests in startups at their earliest stages.

$1M
Fifth Wall

Fifth Wall is an investment firm focused on technology for the built environment (PropTech), backing startups that make the spaces where people live, work, and play smarter, safer, and more energy efficient.

$250K – $100M
Digital Currency Group

Digital Currency Group (DCG) is a long-term investor in and operator of businesses across the crypto and blockchain industry, holding equity, fund, and token positions.

Both backed · 3
Positive Sum Capital

Positive Sum Capital is a venture capital firm that backs founders pursuing their life's work.

$5M
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.

$5M – $100M
30 more co-investors

Altimeter CapitalFirst Round CapitalAcrew Capital01 Advisors75 & SunnyThe Chernin Group (TCG Crypto)Operator CollectivePelion Venture PartnersMaC Venture CapitalTorch CapitalWellington ManagementB Capital GroupSapphire VenturesC2 InvestmentsBonfire VenturesIA VenturesOperator LPSocial StartsAIX VenturesLead Edge CapitalThird Point VenturesGalaxy Digital Assets FundMango CapitalHoxton VenturesLightShed VenturesElectric AntAllerfund Ventures, LlcBryant StibelAdvancit CapitalBoosted Commerce

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

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