About Obvious Ventures
Obvious Ventures is a venture capital firm founded in 2011. It is primarily based out of San Francisco, United States. As of Mar 2025, Obvious Ventures is an active investor, having invested in 107 companies, with 4 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Consumer. Most recently it led the $10M Series A round of Baton Market along with Bloomberg Beta. This round also saw participation from 75 & Sunny and other investors.
Overall, Obvious Ventures portfolio has seen 5 unicorns, 5 IPOs and 15 acquisitions including key companies like Planet, Proterra and Recursion. A lot of funds co-invest with Obvious Ventures, with names like a16z sharing a substantial percentage of its portfolio.
Obvious Ventures has team of 26 people including 11 partners.
Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Obvious Ventures' Year-on-Year Investment Trends
Obvious Ventures has invested in 107 companies over the last 14 years, with an average of 8 new investments annually in the last 10 years. In 2024, it made 8 investments, while as of Mar 2025, it has made 4 investments in this year. Its most recent first time investment was in Baton Market and most recent follow-on round was in Ataraxis.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 1 | 3 | 4 |
2024 | 5 | 3 | 8 |
2023 | 4 | 4 | 8 |
2022 | 15 | 8 | 23 |
2021 | 15 | 9 | 24 |
2020 | 5 | 7 | 12 |
2019 | 9 | 2 | 11 |
2018 | 3 | 3 | 6 |
2017 | 6 | 3 | 9 |
2016 | 7 | 2 | 9 |

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Obvious Ventures' Investment Trends by Stage
Obvious Ventures has made 42 investments in Series A stage with an average round size of $21.7M, 20 investments in Seed stage with an average round size of $6.85M and 17 investments in Series B stage with an average round size of $76.7M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 42 |
Seed | 20 |
Series B | 17 |
Series C | 4 |
Series D | 2 |
Others | 1 |
Obvious Ventures' Investment Trends by Sector
Obvious Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, HealthTech, Consumer and Artificial Intelligence - Industry Applications. Notably, it has invested in 88 Tech companies, 57 Enterprise (B2B) companies, 46 Consumer (B2C) companies and at least 38 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 32 |
High Tech | 25 |
HealthTech | 22 |
Consumer | 21 |
Artificial Intelligence - Industry Applications | 15 |
Others | 140 |
Obvious Ventures' Investment Trends by Geography
Obvious Ventures has made most investments in United States (90), 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 | 73 |
Canada | 5 |
Germany | 2 |
Anguilla | 1 |
France | 1 |
Others | 2 |
Obvious Ventures' recent investments
Here are the most recent investments by Obvious Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Mar 05, 2025 | - | Series A | $20.4M | AIX Ventures [+4] | |
Feb 06, 2025 | United States | Series A | $27M | ||
Jan 30, 2025 | United States | Series E | $123M | Eden Global Partners [+3] | |
Jan 22, 2025 | United States | Series A | $10M | [+6] | |
Nov 01, 2024 | - | Seed | $20M |
Unicorns in Obvious Ventures' Portfolio
Here is a list of unicorns in Obvious Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
68 | Online job board platform for healthcare nurse jobs | 2017 | San Francisco | Series B | lhdqpya | ||
53 | AI-based automation tool and robots for managing warehouses | 2017 | Palo Alto | Series B | lplmcos | ||
73 | Provider of a cloud based clinical trail management tool for researchers | 2012 | Palo Alto | Series D | xwymlvq | ||
67 | Provider of therapies for metabolic health in chronic disease patients | 2014 | San Francisco | Series E | wqrtvdq | ||
46 | App-based platform to lease cars | 2016 | Santa Monica | Series B | fxfiwzv |
IPOs and Publicly Listed companies in Obvious Ventures' Portfolio
Here are Obvious Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Sep 07, 2021 | Sep 05, 2017 | Series B | $90M | |
Apr 30, 2021 | - | - | - | |
Apr 16, 2021 | Sep 14, 2016 | Series A | $15M | |
Nov 27, 2020 | - | - | - | |
May 02, 2019 | Jul 29, 2014 | Series D | Undisclosed |
Acquired companies in Obvious Ventures' Portfolio
Here are Obvious Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Aug 06, 2024 | Jul 17, 2016 | Series B | $15M | |
Mar 14, 2024 | Sep 18, 2018 | Seed | $2.99M | |
Nov 03, 2023 | Dec 19, 2019 | Series B | $33M | |
Oct 26, 2023 | Apr 19, 2022 | Series A | $23M | |
Jun 12, 2023 | Apr 17, 2019 | Conventional Debt | Undisclosed |
Team profile of Obvious Ventures
Obvious Ventures has a team of 26 membersÌýincluding 11 Partners, 6 Venture Partners and 6 PrincipalsÌýlocated in United States and Netherlands. Obvious Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Obvious Ventures:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | Los Angeles | - | ||
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of Obvious Ventures
Over the past 14 years, 682 investors have co-invested in Obvious Ventures's portfolio companies.
- Invested before Obvious Ventures:Ìý, Google Ventures and 144 others have invested in rounds before Obvious Ventures. There are 7 companies where Y Combinator has invested before Obvious Ventures and 3 companies where Google Ventures has invested before Obvious Ventures.
- Top Co-investors of Obvious Ventures:Ìý260 investors entered a company along with Obvious Ventures. These include investors like a16z (7 companies).
- Invested after Obvious Ventures:ÌýA total of 276 investors have invested in Obvious Ventures's portfolio after their investments. Top Investors include Baillie Gifford (3 companies), Tiger Global Management (3 companies) and Stardust (3 companies).

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