About Betaworks
Betaworks is a venture capital firm founded in 2008. It is primarily based out of New York City, United States. As of Oct 2024, Betaworks is an active investor, having invested in 213 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it led the $3M Seed round of Twin along with Motier. This round also saw participation from Factorial Funds and other investors.
Overall, Betaworks portfolio has seen 3 unicorns and 66 acquisitions including key companies like Venmo, Rec Room and Hugging Face. A lot of funds co-invest with Betaworks, with names like SV Angel sharing a substantial percentage of its portfolio.
Betaworks has team of 5 people including 1 partners.
Key Metrics
Team Members
, &
Portfolio Count
StockTwits, Medium &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A &
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
StockTwits, Medium &
Deals in last 12 months
Betaworks' Year-on-Year Investment Trends
Betaworks has invested in 217 companies over the last 17 years, with an average of 7 new investments annually in the last 10 years. In 2024, it made 7 investments. Its most recent first time investment was in Granola and most recent follow-on round was in Flower.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 6 | 1 | 7 |
2023 | 9 | 2 | 11 |
2022 | 7 | 1 | 8 |
2021 | 4 | 5 | 9 |
2020 | 3 | 2 | 5 |
2019 | 6 | 3 | 9 |
2018 | 8 | 4 | 12 |
2017 | 12 | 4 | 16 |
2016 | 6 | 4 | 10 |
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Betaworks' Investments by Stage
Betaworks has made 116 investments in Seed stage with an average round size of $2.24M, 29 investments in Series A stage with an average round size of $5.73M and 2 investments in Series B stage with an average round size of $13.6M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Seed | 116 |
Series A | 29 |
Series B | 2 |
Angel | 1 |
PE | 1 |
Others | 2 |
Betaworks' Investments by Sector
Betaworks has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Media & Entertainment, High Tech and Mobile. Notably, it has invested in 187 Tech companies, 116 Consumer (B2C) companies, 96 Enterprise (B2B) companies and at least 84 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Consumer | 60 |
Enterprise Applications | 54 |
Media & Entertainment | 43 |
High Tech | 32 |
Mobile | 19 |
Others | 81 |
Betaworks' Investments by Geography
Betaworks has made most investments in United States (129), followed by Canada where it has made 5 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 129 |
Canada | 5 |
United Kingdom | 5 |
France | 4 |
Germany | 2 |
Others | 6 |
Betaworks' recent investments
Here are the most recent investments by Betaworks:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 24, 2024 | United Kingdom | Series A | $20M | Spark Capital [+3] | |
Sep 05, 2024 | United States | Seed | $5M | Menlo Ventures [+5] | |
May 14, 2024 | United States | Series A | $6M | [+4] | |
Apr 02, 2024 | United States | Seed | $5.6M | Google Ventures [+3] | |
Feb 29, 2024 | United States | Seed | Undisclosed | Greycroft [+3] |
Get the detailed list of all investments by Betaworks. Download now!Unicorns in Betaworks' Portfolio
Here is a list of unicorns in Betaworks' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | AI-augmented visual art platform generating images based on text | 2021 | London | Seed | dcwtkef | ||
71 | Platform offering frameworks for implementation and development of ML and NLP models | 2016 | Paris | Series D | hbeuzwt | ||
72 | Provider of tools to create & play games | 2016 | Seattle | Series F | cux{asu |
Team profile of Betaworks
Betaworks has a team of 5 membersÌý¾±²Ô³¦±ô³Ü»å¾±²Ô²µ 1 Partner, 1 Venture Partner and 3 PrincipalsÌýlocated in United States and United Kingdom. Betaworks' team does not sit on the board of any company as of now.Here is a list of all team members in Betaworks:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | United States | - | ||
Venture Partner | New York City | - | - | |
Principal | Brooklyn | - | - | |
Principal | United Kingdom | - | ||
Principal | San Francisco | - |
Get the full list of Betaworks' team & partners for free. Download now!Co-investors of Betaworks
Over the past 17 years, 797 investors have co-invested in Betaworks's portfolio companies.
- Invested before Betaworks:Ìý, Techstars and 56 others have invested in rounds before Betaworks. There are 11 companies where Y Combinator has invested before Betaworks and 5 companies where Techstars has invested before Betaworks.
- Top Co-investors of Betaworks:Ìý414 investors entered a company along with Betaworks. These include investors like SV Angel (31 companies).
- Invested after Betaworks:ÌýA total of 325 investors have invested in Betaworks's portfolio after their investments. Top Investors include SV Angel (5 companies), a16z (4 companies) and Accel (4 companies).
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