About August Capital
August Capital is a venture capital firm founded in 1995. It is primarily based out of San Francisco, United States. As of Dec 2023, August Capital has invested in 173 companies. 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 Consumer and Retail. Most recently it led the $20M Series B round of PatientIQ along with Health Enterprise Partners.
Overall, August Capital portfolio has seen 7 unicorns, 11 IPOs and 88 acquisitions including key companies like Bill.com, Splunk and BarkBox. A lot of funds co-invest with August Capital, with names like Kleiner Perkins sharing a substantial percentage of its portfolio.
August Capital has team of 8 people including 7 partners.
Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B &
Portfolio IPOs
August Capital's List of Top Investments
August Capital has a portfolio of 173 companies, including 7 unicorns. Their most notable investments are in Wove and PatientIQ.Their portfolio spans across United States, Canada, IndiaÌý²¹²Ô»å 4 more locations. They have invested in Enterprise Applications, Consumer, RetailÌý²¹²Ô»å 28 other sectors, across stages such as Series A, Series B Ìý²¹²Ô»å 7 more. Here is the list of top investments by August Capital:
1. Bill.com
Cloud-based accounts payable and receivable software for businesses. Its features include invoice management, workflow approval management, payment management, reconciliation, automated billing, customer management, and more. It also offers solutions for international and domestic payment and ACH payment processing.
Key facts about Bill.com
- Founded Year: 2006
- Location: Palo Alto (United States)
- Annual Revenue: $1.29B as on Jun 30, 2024
- Stage: Public
- Total Funding till date: $326M
- Employee Count: 1,384 as on Jun 30, 2021
- Investors: Bank of America, HTIF and 28 Others
- Latest Funding Round: Post IPO, Nov 30, 2020, $1.15B
- Highlight: Public

2. Splunk
Cloud based platform offering IT operational data and security analytics software. The product offered is an operational intelligence software which is used to monitor, report, and analyze real time machine data as well as terabytes of historical data. The features of the product include analysis and reporting, log management software consolidates and indexes log and machine data, including structured, unstructured, and multi line application logs, user behavior analysis, and more.
Key facts about Splunk
- Founded Year: 2003
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $40M
- Employee Count: 10 as on Sep 30, 2024
- Investors: Hellman & Friedman, Starboard Value and 19 Others
- Latest Funding Round: Post IPO, Oct 17, 2022
- Highlight: Acquired
3. BarkBox
BarkBox is an online subscription platform offering dog supplies. The products include food, treats, toys, and gifts for dogs. The products are curated and sold in periodic subscription plans.
Key facts about BarkBox
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $83M
- Employee Count: 686 as on Dec 31, 2021
- Investors: August Capital, Polaris Partners and 24 Others
- Latest Funding Round: Series C, May 17, 2016, $60M
- Highlight: Acquired
4.
Wattpad is a writing community in which users can post articles, stories, fan fiction, and poems about anything either online or through the mobile application. The content includes work by undiscovered writers, published writers, and new writers. Users can comment and like stories or join groups associated with the website. The app is available for iOS and Android devices.
Key facts about Wattpad
- Founded Year: 2006
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $118M
- Employee Count: 3,277 as on Dec 31, 2024
- Investors: Hercules Capital, Northleaf and
- Latest Funding Round: Series D, Mar 13, 2019
- Highlight: Acquired
5.
Online platform for consumer loans. It offers secured and unsecured personal loans and credit lines on the basis of a repayment guarantee. Repayment of loans can be done via credit/debit cards and bank transfers. It offers an app-based platform that is available on iOS and Android platforms.
Key facts about Avant
- Founded Year: 2012
- Location: Chicago (United States)
- Valuation: $1B as on Sep 29, 2015
- Stage: Series E
- Total Funding till date: $905M
- Employee Count: 547 as on Dec 31, 2022
- Investors: Credit Suisse, KKR and
- Latest Funding Round: Series E, Dec 07, 2022, $250M
- Highlight: Editors' Pick
August Capital's Year-on-Year Investment Trends
August Capital has invested in 173 companies over the last 28 years, with an average of 4 new investments annually in the last 10 years. Its most recent first time investment was in Dock Health and most recent follow-on round was in MaintainX.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 2 | 3 |
2022 | 2 | 1 | 3 |
2021 | 2 | 5 | 7 |
2020 | 1 | 2 | 3 |
2019 | 4 | 7 | 11 |
2018 | 11 | 4 | 15 |
2017 | 6 | 5 | 11 |
2016 | 5 | 3 | 8 |

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August Capital's Investments by Stage
August Capital has made 47 investments in Series A stage with an average round size of $7.65M, 33 investments in Series B stage with an average round size of $19.2M and 19 investments in Series C stage with an average round size of $33.8M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 47 |
Series B | 33 |
Series C | 19 |
Seed | 13 |
Series D | 7 |
Others | 7 |
August Capital's Investments by Sector
August Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, Retail and FinTech. Notably, it has invested in 143 Tech companies, 100 Enterprise (B2B) companies, 59 Consumer (B2C) companies and at least 59 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 50 |
Consumer | 34 |
Enterprise Infrastructure | 25 |
Retail | 22 |
FinTech | 15 |
Others | 119 |
August Capital's Investments by Geography
August Capital has made most investments in United States (121), followed by Canada where it has made 2 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 121 |
Canada | 2 |
India | 1 |
Israel | 1 |
Japan | 1 |
Others | 1 |
August Capital's recent investments
Here are the most recent investments by August Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Dec 06, 2023 | United States | Series C | $50M | ||
May 26, 2023 | United States | Series F | $45M | [+5] | |
May 12, 2023 | United States | Series A | $5M | MassMutual [+1] | |
May 17, 2022 | United States | Seed | $7.5M | ||
May 13, 2022 | United States | Series B | $20M |
Unicorns in August Capital's Portfolio
Here is a list of unicorns in August Capital's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
63 | Mobile-first work order and procedure digitization software | 2018 | San Francisco | Series C | hdctoml | ||
59 | Online platform for homeowner insurances for individuals | 2016 | Chicago | Series D | iozdsbb | ||
59 | Omnichannel Banking solutions for banks and lenders | 2014 | Chicago | Series D | vmiszwo | ||
69 | Online legal services | 2008 | San Francisco | Series F | csycezg | ||
65 | Messaging and chat API/SDK | 2013 | San Mateo | Series C | {cmgrcf |
IPOs and Publicly Listed companies in August Capital's Portfolio
Here are August Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Oct 14, 2021 | Aug 18, 2016 | Series B | $20M | |
Jun 30, 2021 | Jan 02, 2014 | Series D | $30M | |
Dec 18, 2020 | May 17, 2016 | Series C | $60M | |
Dec 09, 2020 | Jun 01, 2012 | Conventional Debt | $45M | |
Dec 12, 2019 | Jul 24, 2009 | Series C | $8.5M |
Acquired companies in August Capital's Portfolio
Here are August Capital's portfolio companies that got acquired most recently:
Team profile of August Capital
August Capital has a team of 8 membersÌýincluding 7 PartnersÌýlocated in United States. August Capital's team does not sit on the board of any company as of now.Here is a list of all team members in August Capital:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | San Francisco | - | - | |
Partner | Palo Alto | - | ||
Partner | Los Altos | - | ||
Partner | Palo Alto | - | , | |
Partner | Menlo Park | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | , | |
Advisor | San Francisco | - | - |
Co-investors of August Capital
Over the past 28 years, 733 investors have co-invested in August Capital's portfolio companies.
- Invested before August Capital:ÌýLerer Hippeau, BoxGroup and 204 others have invested in rounds before August Capital. There are 6 companies where Lerer Hippeau has invested before August Capital and 4 companies where BoxGroup has invested before August Capital.
- Top Co-investors of August Capital:Ìý182 investors entered a company along with August Capital. These include investors like Kleiner Perkins (6 companies).
- Invested after August Capital:ÌýA total of 345 investors have invested in August Capital's portfolio after their investments. Top Investors include NGP Capital (6 companies), SVB (4 companies) and Goldman Sachs (4 companies).

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