About Rising Tide Fund
Rising Tide Fund is a venture capital firm founded in 1992. It is primarily based out of San Francisco, United States. As of Feb 2025, Rising Tide Fund is an active investor, having invested in 109 companies, with 1 new investment in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of ParkBooker Overall, Rising Tide Fund portfolio has seen 5 unicorns, 2 IPOs and 39 acquisitions including key companies like Palantir, Cloudera and CoinList. A lot of funds co-invest with Rising Tide Fund, with names like VenGrowth VG Partners sharing a substantial percentage of its portfolio. Rising Tide Fund has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Rising Tide Fund's List of Top Investments
Rising Tide Fund has a portfolio of 109 companies, including 5 unicorns. Their most notable investments are in Andigilog and Quanergy Com.Their portfolio spans across United States, Canada, United Kingdom and 5 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 25 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Rising Tide Fund:
1. Palantir
Platform that provides data analysis and management solutions. It is a software company that specializes in big data analytics and provides software platforms for analyzing and integrating large amounts of data. Its software powers real-time, AI-driven decisions in critical government and commercial enterprise, from the factory floors to the front lines.
Key facts about Palantir
- Founded Year: 2003
- Location: Denver (United States)
- Annual Revenue: $2.87B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.46B
- Employee Count: 3,936 as on Dec 31, 2024
- Investors: TrueBridge, Harmony Venture Partners and 163 Others
- Latest Funding Round: Post IPO, Aug 31, 2023, $*****
- Highlight: Public

2. Cloudera
AI powered big data stack solutions. The platform automates and orchestrates data pipelines to streamline data engineering process. Its features include multi function analytics, hybrid, and multi cloud variation, data warehouses, data mesh, visualization, and more. It caters to industries such as healthcare, retail, education, manufacturing, and telecom.
Key facts about Cloudera
- Founded Year: 2008
- Location: Palo Alto (United States)
- Annual Revenue: $869M as on Jan 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.04B
- Employee Count: 1,124 as on Dec 31, 2018
- Investors: T. Rowe Price, Harmony Venture Partners and 38 Others
- Latest Funding Round: Series F, 2015, $*****
- Highlight: Acquired

3. CoinList
App-based trading platform for cryptocurrency. Its features include buying and selling crypto assets, depositing crypto, transferring crypto assets, and more. It also enables users to purchase crypto assets through token sales. The app is available on Android and iOS devices.
Key facts about CoinList
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $119M
- Investors: Rising Tide Fund, Hack VC and 31 Others
- Latest Funding Round: Series A, Oct 26, 2021, $*****
- Highlight: Editors' Pick

4. Dapper Labs
Blockchain-based games developer for PC and console. It has built Cryptokitties, a blockchain-based game that allows users to collect and breed digital cats. It has also developed KittyVerse, which allows users to build and play third-party games.
Key facts about Dapper Labs
- Founded Year: 2018
- Location: Vancouver (Canada)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $666M
- Employee Count: 511 as on Jul 01, 2024
- Investors: Rising Tide Fund, SV Angel and 126 Others
- Latest Funding Round: Series D, May 23, 2022, $*****
- Highlight: Editors' Pick

5. Sandvine
Provider of network policy control products. Its products include business intelligence, revenue generation, traffic optimization, and network security. The companys network policy control solutions consist of a software platform and hardware modules that are bundled together to provide a system for broadband Internet service providers to identify, report on and take action on the data traversing their networks.
Key facts about Sandvine
- Founded Year: 2001
- Location: Waterloo (Canada)
- Annual Revenue: $75.4M as on Dec 31, 2014
- Stage: Acquired
- Total Funding till date: $15M
- Employee Count: 501 - 1,000 as on Jul 01, 2024
- Investors: Rising Tide Fund, Canaccord Genuity Group and 7 Others
- Latest Funding Round: Conventional Debt, 2018, $*****
- Highlight: Acquired
Rising Tide Fund's Year-on-Year Investment Trends
Rising Tide Fund has invested in 109 companies over the last 27 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in ParkBooker and most recent follow-on round was in With Reach.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 2 | 3 |
2021 | 3 | 1 | 4 |
2020 | 4 | 2 | 6 |
2019 | 5 | 0 | 5 |
2018 | 5 | 2 | 7 |
Rising Tide Fund's Investments by Stage
Rising Tide Fund has made 23 investments in Series A stage with an average round size of $14.2M, 13 investments in Series B stage with an average round size of $19.2M, 11 investments in Seed stage with an average round size of $2.52M, 5 investments in Series C stage with an average round size of $72.3M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Series A | 23 |
Series B | 13 |
Seed | 11 |
Series C | 5 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Rising Tide Fund's Investments by Sector
Rising Tide Fund has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, High Tech, Life Sciences and Blockchain Technology. Notably, it has invested in 94 Tech companies, 81 Enterprise (B2B) companies, 63 Software companies and at least 26 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 24 |
FinTech | 11 |
High Tech | 10 |
Life Sciences | 7 |
Blockchain Technology | 6 |
Others | 56 |
Note: We have considered here, only first round of investments
Rising Tide Fund's Investments by Geography
Rising Tide Fund has made most investments in United States (33), followed by Canada where it has made 14 investments.Country | No. of Investments |
|---|---|
United States | 33 |
Canada | 14 |
United Kingdom | 2 |
Australia | 1 |
France | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Rising Tide Fund's recent investments
Rising Tide Fund has not made any investment in 2026 so far.Here are the most recent investments by Rising Tide Fund:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 19, 2025 | Australia | Seed | 3535 | ||
Sep 14, 2023 | United States | Series B | 6497 | I Squared Capital [+12] | |
Mar 21, 2022 | Canada | Conventional Debt | 4607 | Vistara Growth [+4] | |
Mar 21, 2022 | Canada | Series B | 2206 | Vistara Growth [+4] | |
Feb 03, 2022 | United States | Series B | 3983 |
Unicorns in Rising Tide Fund's Portfolio
Rising Tide Fund has 5 unicorns in its portfolio - AyarUwin Labs, Enable, CoinList and others. The most recent unicorn in their portfolio is Ayar Labs. It became a unicorn in 2024, 4 years after Rising Tide Fund first invested in it.Here is a list of unicorns in Rising Tide Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | 2015 | San Francisco | Series D | eqgcxhb | ||
66 | SaaS Platform for B2B Rebate Management | 2016 | Stratford upon avon | Series D | drqzoxg | ||
79 | App-based trading platform for cryptocurrency | 2017 | San Francisco | Series A | ixaftoe | ||
69 | Developer of satellite-based communication services | 2015 | San Francisco | Series D | yndqmtv | ||
77 | Blockchain-based games developer for PC and console | 2018 | Vancouver | Series D | wzbsrbx |
IPOs and Publicly Listed companies in Rising Tide Fund's Portfolio
2 of Rising Tide Fund's portfolio companies have become public. Palantir got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2020 at marketcap of undefined and Quanergy Com got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Rising Tide Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 02, 2020 | - | - | Sports | |
Apr 24, 2020 | Nov 17, 2014 | Series A | 5826 |
Acquired companies in Rising Tide Fund's Portfolio
39 companies from Rising Tide Fund's portfolio have been acquired. The most recent acquisition were Xtera in Dec 2025 by Prysmian.Here are Rising Tide Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 29, 2025 | - | - | 7075 | |
Feb 20, 2025 | Mar 21, 2022 | Conventional Debt | 9766 | |
Apr 25, 2024 | - | - | 9540 | |
Aug 16, 2023 | - | - | 9107 | |
Feb 08, 2022 | - | - | 6170 |
Team profile of Rising Tide Fund
Rising Tide Fund has a team of 5 members including 3 Partners, 1 Venture Partner and 1 Principal located in United States. Rising Tide Fund's team does not sit on the board of any company as of now.Here is a list of all team members in Rising Tide Fund:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | Austin | - | - | |
Venture Partner | New York City | - | ||
Principal | San Francisco | - | - |
Co-investors of Rising Tide Fund
Over the past 27 years, 538 investors have co-invested in Rising Tide Fund's portfolio companies. This includes funds and angels.
- Invested before Rising Tide Fund: Y Combinator, Andreessen Horowitz and 94 others have invested in rounds before Rising Tide Fund. There are 4 companies where Y Combinator has invested before Rising Tide Fund and 2 companies where Andreessen Horowitz has invested before Rising Tide Fund.
- Top Co-investors of Rising Tide Fund: 231 investors entered a company along with Rising Tide Fund. These include investors like VenGrowth VG Partners (5 companies).
- Invested after Rising Tide Fund: A total of 211 investors have invested in Rising Tide Fund's portfolio after their investments. Top Investors include Coinbase (3 companies), Samsung NEXT (2 companies) and SV Angel (2 companies).
Recent News related to Rising Tide Fund
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•
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Global Payments Provider Secures $30 Million in New FundingRetail TouchPoints•Mar 22, 2022•With Reach, Vistara Growth, Bluesky Equities, Tribune Capital and 5 others
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Activ Surgical Secures $45 Million in Series B Funding Led by Cota CapitalBusiness Wire•Sep 30, 2021•Artis Ventures, GreatPoint Ventures, Rising Tide Fund, Activ Surgical and 12 others
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Astranis, With a New Approach to Satellite Internet, Raises $250 Million From Blackrock and OthersAiThority•May 10, 2021•Astranis, BlackRock, Baillie Gifford, Fidelity Investments and 16 others
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Exo Secures $40 Million in Series B+ Funding to Advance Handheld Medical ImagingMedical Product Outsourcing•Oct 08, 2020•Exo, Remagine Ventures, Action Potential Venture Capital, TDK Ventures and 10 others
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Activ Surgical Raises $15M Advance Autonomous and Collaborative SurgeryHIT Consultant•Jul 16, 2020•Activ Surgical, Artis Ventures, DNS Capital, GreatPoint Ventures and 5 others
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Fintech Startup Senso Raises $3m In Mendoza, Breakaway-led DealVCJ•Jul 09, 2020•Senso, Mendoza N8Ventures, Breakaway Growth, Luge Capital and 3 others
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Evonetix Raises $30m Series B For Desktop, Rapid Gene SynthesisGlobal AgInvesting•Mar 19, 2020•Foresite Capital, Civilization Ventures, Rising Tide Fund, Cambridge Consultants and 4 others







