When was Pinnacle Ventures founded?

Pinnacle Ventures was founded in 2002.

Where is Pinnacle Ventures' headquarters located?

Pinnacle Ventures' headquarters is located in Palo Alto ( United States ).

How many companies has Pinnacle Ventures invested in?

Pinnacle Ventures has invested in 136 companies, including One Medical & Chegg.

Which companies has Pinnacle Ventures invested in lately?

VOOX & WOW EARN are the latest investments by Pinnacle Ventures.

What sectors does Pinnacle Ventures focus on for investments?

Top sectors in Pinnacle Ventures' portfolio are Enterprise Applications (35 investments) and Life Sciences (25 investments).

How many exits has Pinnacle Ventures been involved in?

Pinnacle Ventures' portfolio has seen 5 IPOs and 92 acquisitions.

How many unicorns are there in Pinnacle Ventures' portfolio?

There are 2 unicorns in Pinnacle Ventures' portfolio.

Pinnacle Ventures - 2025 Investor Profile & Investment Trends - Tracxn

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Pinnacle Ventures, established in 2002, is a private debt fund primarily based in Palo Alto, United States. It specializes in financing Series C round of companies based in United States. Its portfolio includes 136 firms, spanning the Enterprise Applications, Life Sciences sectors.

As of May 2025, Pinnacle Ventures has 2 unicorns under its belt and has witnessed 97 portfolio exits so far. Its most notable investments include companies like One Medical, Chegg and Bonobos.

Its latest investment was a $50M Series C round in VOOX on Jan 11, 2025.

Key Metrics

Founded Year

2002

Location

Palo Alto, United States

Portfolio Companies

One Medical, Chegg & 134 more

Sectors of Investment

Enterprise Applications, Life Sciences & 30 more

Stages of Investment

Series C, Series B & 6 more

Locations of Investment

United States, Brazil & 4 more

Unicorn in Portfolio

TechStyle & Solyndra

Pinnacle Ventures has a portfolio of 136 companies. Their latest investment was in VOOX(Series C Round) on Jan 11, 2025. They have 2 unicorns in their portfolio. Unicorns include TechStyle, Solyndra. They have had 10 portfolio exits. Most notable exits include LanzaTech, Nextdoor and Trivascular.

View all companies in Pinnacle Ventures' Portfolio

Pinnacle Ventures has invested in 136 companies over the last 21 years, with an average of 0 new investment annually in the last 10 years. As of Jan 2025, it has made 1 investment in this year. Its most recent first time investment was in VOOX and most recent follow-on round was in PSafe.

Here are Pinnacle Ventures' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	1	0	1
2024	0	0	0
2023	1	0	1
2022	0	0	0
2021	0	0	0
2020	0	0	0
2019	0	0	0
2018	0	0	0
2017	0	0	0
2016	1	0	1

View all investments by Pinnacle Ventures

Pinnacle Ventures has made 13 investments in Series C stage with an average round size of $37.9M, 9 investments in Series B stage with an average round size of $22.8M and 8 investments in Series A stage with an average round size of $13.5M.

Here are Pinnacle Ventures' investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Series C	13
Series B	9
Series A	8
Series D	6
Venture Debt	3
Others	4

View all investments by Pinnacle Ventures

Pinnacle Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Life Sciences, Enterprise Infrastructure and Media & Entertainment. Notably, it has invested in 115 Tech companies, 87 Enterprise (B2B) companies, 32 Consumer (B2C) companies and at least 31 companies focusing on Software.

Here are Pinnacle Ventures' investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Enterprise Applications	10
Consumer	9
Life Sciences	9
Enterprise Infrastructure	6
Media & Entertainment	5
Others	40

View all investments by Pinnacle Ventures

Pinnacle Ventures has made most investments in United States (40), followed by Belgium where it has made 1 investment.

Here are Pinnacle Ventures' investments by geography:

Note: We have considered here, only first round of investments

Country	No. of Investments
United States	40
Belgium	1
Brazil	1
India	1

View all investments by Pinnacle Ventures

Pinnacle Ventures has made 1 investments in 2025 so far - VOOX.

Here are the most recent investments by Pinnacle Ventures:

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jan 11, 2025	VOOX	United States	Series C	$50M	-
Jun 07, 2023	WOW EARN	United States	Series A	$30M	Blue Horizon [+3]
Jun 09, 2016	Evie	Belgium	Series A	$11M	First Round Capital [+4]
Dec 03, 2015	OpsClarity	United States	Series A	$11M	New Enterprise Associates [+2]
Jul 09, 2015	PSafe	Brazil	Series D	$30M	Qihoo 360 Technology [+1]

See more recent investments made by Pinnacle Ventures

Pinnacle Ventures has 2 unicorns in its portfolio - TechStyle and Solyndra. The most recent unicorn in their portfolio is TechStyle. It became a unicorn in 2014, 10 years before Pinnacle Ventures first invested in it.

Here is a list of unicorns in Pinnacle Ventures' portfolio:

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
70	TechStyle	Provider of membership commerce solutions for fashion businesses	2010	Enterprise Applications [+2]	El Segundo	Series C	ijo{pxt
48	Solyndra	Manufacturer of solar PV modules	2005	Energy Tech [+1]	Fremont	Series E	otcndm{

View more details about unicorns in Pinnacle Ventures' portfolio

5 of Pinnacle Ventures' portfolio companies have become public. LanzaTech got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Feb 2023 and Nextdoor got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.

Here are Pinnacle Ventures' portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
LanzaTech	Feb 10, 2023	-	-	-
Nextdoor	May 26, 2021	Jul 24, 2012	Series A	$18.6M
Trivascular	Apr 15, 2014	Jun 04, 2012	Series D	$60M
Chegg	Nov 14, 2013	Nov 19, 2009	Series C	$55M
Talphera	Feb 11, 2011	-	-	-

View more details about public companies in Pinnacle Ventures' portfolio

92 companies from Pinnacle Ventures' portfolio have been acquired. The most recent acquisition were Lotame in Mar 2025 by Publicis Groupe.

Here are Pinnacle Ventures' portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Lotame	Mar 06, 2025	Dec 06, 2010	Series C	$11M
Seiza	Nov 18, 2024	-	-	-
Lifesize	Aug 01, 2023	Sep 18, 2006	Series D	$25M
Bonobos	Apr 13, 2023	-	-	-
One Medical	Jul 21, 2022	-	-	-

View all acquired companies in Pinnacle Ventures' portfolio

Over the past 21 years, 244 investors have co-invested in Pinnacle Ventures's portfolio companies.

Invested before Pinnacle Ventures: Redpoint Ventures, Benchmark and 63 others have invested in rounds before Pinnacle Ventures. There are 4 companies where Redpoint Ventures has invested before Pinnacle Ventures and 3 companies where Benchmark has invested before Pinnacle Ventures.
Top Co-investors of Pinnacle Ventures: 98 investors entered a company along with Pinnacle Ventures. These include investors like Greylock (4 companies).
Invested after Pinnacle Ventures: A total of 81 investors have invested in Pinnacle Ventures's portfolio after their investments. Top Investors include Horizon (3 companies) and Meritech (2 companies).