Felicis Ventures

Venture Capital

Venture capital firm focused on iconic companies reinventing core markets.

Profile

Headquarters
Menlo Park, US
Investments
40
Companies
20

Capital

Total Deployed
$3.9B
Lead Rounds
5

Portfolio

20 companies
Cruise $11.6B
Acquired San Francisco, US

Self-driving car technology company that developed autonomous vehicles for ride-hailing and delivery services. Founded as a Y Combinator startup, acquired by General Motors in 2016, and became one of the most heavily funded autonomous vehicle ventures in history before GM wound down its robotaxi operations in December 2024.

Flexport $2.4B
Private San Francisco, US

Technology-powered freight forwarder and supply chain logistics platform that moves goods globally by ocean, air, truck, and rail, providing end-to-end visibility and data-driven supply chain management.

Skild AI $1.8B
Private Pittsburgh, US

Skild AI develops generalist foundation models for robotics and physical-world AI intelligence, enabling robots to perform a wide range of tasks through embodied AI.

Opendoor $1.3B
Public San Francisco, United States

Opendoor is a digital real estate platform that pioneered the iBuying model, enabling homeowners to sell their homes online with instant cash offers. The company uses data science and pricing algorithms to buy, renovate, and resell residential homes.

Plaid $1.3B
Private San Francisco, US

Fintech infrastructure company that builds data connectivity tools to power the apps in people's financial lives, providing APIs to connect applications with users' bank accounts.

Canva $1.1B
Private Sydney, AU

Online graphic design platform that makes design accessible to everyone, offering an intuitive drag-and-drop editor with AI-powered Magic Studio tools used over 5 billion times.

Runway $860M
Private New York, US

AI research company building generative AI tools for video, image, and multimedia content creation. Develops foundation models for video generation including its Gen series of models, and is expanding into world models that simulate physics-aware environments.

Ginkgo Bioworks $720M
Public Boston, US

Synthetic biology company that builds an automated platform for programming cells, enabling customers across pharmaceuticals, agriculture, and industrial chemicals to harness the power of biology.

Radiant Industries $519M
Private El Segundo, United States

Radiant Industries develops portable nuclear microreactors designed to replace diesel generators with clean, zero-emissions power. The company's flagship product, Kaleidos, is a 1 MW reactor that fits inside a shipping container. Founded by former SpaceX engineers, Radiant plans to mass-produce microreactors from its factory in Oak Ridge, Tennessee.

Ricursive Intelligence $335M
Private Palo Alto, US

Ricursive Intelligence is a frontier AI lab building AI systems to transform semiconductor design, founded by the co-creators of Google's AlphaChip.

Pindrop $312M
Private Atlanta, Georgia, United States

Voice security and authentication company that uses AI and machine learning to detect phone fraud, verify caller identity, and protect against voice deepfakes. Its patented Phoneprinting technology analyzes audio signals to determine call provenance, device type, and caller location.

Sourcegraph $223M
Private San Francisco, US

Code intelligence platform that helps developers search, understand, and fix code across large, complex codebases. Provides universal code search, batch changes, and code insights for enterprise engineering teams.

Matterport $159M
Acquired Sunnyvale, US

Spatial data company that turns physical spaces into accurate, immersive 3D digital twins, combining hardware, software, and AI for real estate, construction, and insurance industries.

Shopify $122M
Public Ottawa, CA

E-commerce platform enabling businesses to create online stores, manage inventory, process payments, and sell across multiple channels including web, mobile, social media, and physical retail via Shopify POS, powering millions of merchants worldwide.

MotherDuck $100M
Private Seattle, United States

MotherDuck is a serverless cloud data warehouse built on the open-source DuckDB database. The platform combines the speed and simplicity of local analytics with the scalability of the cloud, enabling data teams to query data without managing infrastructure.

Silverflow $76M
Private Amsterdam, Netherlands

Cloud-native payment processing platform built by former Adyen executives. Provides banks, payment service providers, and merchants with modern card processing infrastructure. Eliminates legacy batch processing with real-time, API-first architecture.

Fitbit $67M
Acquired San Francisco, US

Consumer electronics and fitness company that designed wearable activity trackers, smartwatches, and related software for tracking health metrics including steps, calories, sleep, and heart rate.

Twitch $43M
Acquired San Francisco, US

Live streaming platform for gamers and creators, originally launched as Justin.tv in 2007. Spun off its gaming vertical as Twitch.tv in June 2011, becoming the world's leading live video platform for gaming content before Amazon's acquisition.

Weebly $40M
Acquired San Francisco, US

Weebly is a website creation platform that provides drag-and-drop tools, customizable templates, e-commerce features, and hosting, enabling anyone to build a professional website, online store, or blog without coding knowledge. Founded in 2006 by three Penn State University students, Weebly pioneered the drag-and-drop website builder space during Y Combinator's W07 batch. The platform grew to power over 50 million websites globally with more than 625,000 paid subscribers across 175+ countries. Acquired by Square (now Block, Inc.) in 2018 for $365 million.

Smack Technologies $32M
Private El Segundo, California, United States

Smack Technologies is a frontier AI lab for national security, co-founded by MARSOC veterans. The company builds domain-specific AI models powered by deep reinforcement learning to deliver 'Decision Dominance' to the U.S. Department of Defense, allies, and partners. Its Omega and Alpha product suites enable campaign-informed planning in seconds across all time horizons.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.