When was Acequia Capital founded?

Acequia Capital was founded in 2010.

Where is Acequia Capital's headquarters located?

Acequia Capital's headquarters is located in Seattle ( United States ).

How big is Acequia Capital's investment team?

Acequia Capital has a team of 18, including 8 partners.

How many companies has Acequia Capital invested in?

Acequia Capital has invested in 171 companies, including ClassPass & Pinterest.

Which companies has Acequia Capital invested in lately?

Loki Robotics & sensmore are the latest investments by Acequia Capital.

What sectors does Acequia Capital focus on for investments?

Top sectors in Acequia Capital's portfolio are Enterprise Applications (82 investments) and High Tech (57 investments).

What stages of companies does Acequia Capital typically invest in?

Acequia Capital primarily invests in Seed and Series A stages.

How many exits has Acequia Capital been involved in?

Acequia Capital's portfolio has seen 6 IPOs and 21 acquisitions.

How many unicorns are there in Acequia Capital's portfolio?

There are 6 unicorns in Acequia Capital's portfolio.

Acequia Capital - 2025 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

1. ClassPass

ClassPass is a membership program for fitness classes across multiple gyms and studios. Members can access multiple varieties of classes and engagement in their fitness regime, all at a fixed price. Participating studios benefit by attracting new students and profitably filling excess capacity in classes. ClassPass has also started corporate membership programs.

Key facts about ClassPass

Founded Year: 2013
Location: New York City (United States)
Last Known Valuation: $1B as on Jan 08, 2020
Stage: Acquired
Total Funding till date: $550M
Employee Count: 1,046 as on Dec 31, 2023
Investors: Apax, Temasek and 62 Others
Latest Funding Round: Series E, Jan 08, 2020, $285M
Highlight: Acquired

2. Pinterest

Social image bookmarking platform. Users can save, organize, and share ideas through images and videos called Pin. It features include collaborative boards, daily discovery feeds, and, follow creators. Users can explore different categories like DIY projects, interior design trends, tattoo inspiration, and more. It also allows users to buy the products tagged in the Pins. The app is available for both iOS and Android users. It monetizes through in-app ads.

Key facts about Pinterest

Founded Year: 2010
Location: San Francisco (United States)
Annual Revenue: $3.06B as on Dec 31, 2023
Stage: Public
Total Funding till date: $1.47B
Employee Count: 4,014 as on Dec 31, 2023
Investors: Stockwell Capital, Elliott Management and 83 Others
Latest Funding Round: Post IPO, Jul 14, 2022
Highlight: Public

3. Square

Provider of POS solutions for retail businesses. Its features includes live chat, online ordering, payments, delivery management, shipment, and more. It offers solutions for grocery stores, restaurants, cafes, and more.

Key facts about Square

Founded Year: 2009
Location: San Francisco (United States)
Annual Revenue: €78.4K as on Dec 31, 2022
Stage: Public
Total Funding till date: $520M
Employee Count: 11,372 as on Dec 31, 2024
Investors: RBC Capital Markets, Sunrise Ventures and 59 Others
Latest Funding Round: Post IPO, Mar 03, 2020, $1B
Highlight: Public

4. Getaround

App-based peer-to-peer carsharing platform. The platform enables car owners to rent their cars to a community of drivers using their smartphones. Drivers can find the car using an app and reserve it through the app for using the car. Their app is available for iOS and Android devices.

Key facts about Getaround

Founded Year: 2011
Location: San Francisco (United States)
Last Known Valuation: $1.7B as on Sep 06, 2019
Stage: Acquired
Total Funding till date: $736M
Employee Count: 128 as on Dec 31, 2022
Investors: Triangle Peak Partners, K2 Global and 71 Others
Latest Funding Round: Conventional Debt, Jan 24, 2024
Highlight: Acquired

5. Rigetti Computing

Developer of an AI-powered full-stack quantum computing solution based on superconducting qubits. It designs and fabricates quantum chips, integrate them with a controlling architecture, and develops software for programmers to use to build algorithms for the chips. Its product portfolio includes a cloud-computing platform and a fabrication lab to create 3D-integrated quantum circuits.

Key facts about Rigetti Computing

Founded Year: 2013
Location: Berkeley (United States)
Annual Revenue: $13.1M as on Dec 31, 2022
Stage: Public
Total Funding till date: $198M
Employee Count: 145 as on Dec 31, 2022
Investors: Open X Innovations, Sutter Hill Ventures and 48 Others
Latest Funding Round: Post IPO, Apr 30, 2025, $35M
Highlight: Public

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Acequia Capital has invested in 171 companies over the last 14 years, with an average of 10 new investments annually in the last 10 years. In 2024, it made 4 investments, while as of May 2025, it has made 5 investments in this year. Its most recent first time investment was in Loki Robotics and most recent follow-on round was in Insempra.

Here are Acequia Capital's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	5	0	5
2024	2	2	4
2023	15	2	17
2022	28	3	31
2021	21	1	22
2020	3	2	5
2019	5	0	5
2018	2	2	4
2017	5	1	6
2016	6	0	6

View all investments by Acequia Capital

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Acequia Capital has made 83 investments in Seed stage with an average round size of $3.79M, 17 investments in Series A stage with an average round size of $16.8M and 4 investments in Series B stage with an average round size of $19.7M.

Here are Acequia Capital's investments by stage:

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

Stage of entry	No. of Investments
Seed	83
Series A	17
Series B	4
Angel	1
Grant (prize money)	1
Others	1

View all investments by Acequia Capital

Acequia Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Enterprise Infrastructure and Life Sciences. Notably, it has invested in 156 Tech companies, 112 Enterprise (B2B) companies, 91 Software companies and at least 55 companies focusing on Saas.

Here are Acequia Capital's investments by sector:

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

Sector	No. of Investments
Enterprise Applications	52
High Tech	35
Consumer	27
Enterprise Infrastructure	17
Life Sciences	11
Others	142

View all investments by Acequia Capital

Acequia Capital has made most investments in United States (46), followed by United Kingdom where it has made 17 investments.

Here are Acequia Capital's investments by geography:

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

Country	No. of Investments
United States	46
United Kingdom	17
France	7
Germany	6
Canada	4
Others	26

View all investments by Acequia Capital

Acequia Capital has made 5 investments in 2025 so far. Loki Robotics and sensmore are the latest among them.

Here are the most recent investments by Acequia Capital:

Date	Company	Location	Round Details	Round Amount	Co-Investors
May 23, 2025	Loki Robotics	United States	Seed	$1.6M	Byfounders [+4]
May 20, 2025	sensmore	Germany	Series A	$7.3M	Point Nine [+13]
Mar 10, 2025	Uthana	United States	Series A	$4.3M	IA Ventures [+5]
Feb 25, 2025	Arsenale BioYards	Italy	Seed	$9.96M	Planet A [+4]
Feb 11, 2025	Deadastronauts Games	-	Seed	$4.13M	Behold Ventures [+7]

Get the detailed list of all investments by Acequia Capital. Download now!

See more recent investments made by Acequia Capital

Acequia Capital has 6 unicorns in its portfolio - Flexe, Algolia, Tractable and others. The most recent unicorn in their portfolio is Flexe. It became a unicorn in 2022, 6 years after Acequia Capital first invested in it.

Here is a list of unicorns in Acequia Capital's portfolio:

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
65	Flexe	E-commerce delivery management platform for businesses	2013	Consumer [+3]	Seattle	Series D	an{edap
70	Algolia	Cloud-based product search solution for e-commerce retailers	2012	Retail [+2]	San Francisco	Series D	{qrvtrz
56	Tractable	AI-based vehicle inspection solutions for insurers and the automotive industry	2014	FinTech [+4]	London	Series E	mnqdmyz
69	Rec Room	Provider of tools to create & play games	2016	Gaming [+3]	Seattle	Series F	lqkf{ox
71	Flexport	Provider of end-to-end supply chain logistics platform	2013	Consumer [+2]	San Francisco	Series E	lvfudbk

View more details about unicorns in Acequia Capital's portfolio

6 of Acequia Capital's portfolio companies have become public. Rigetti Computing got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2022 and Quanergy got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.

Here are Acequia Capital's portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Rigetti Computing	Mar 02, 2022	-	-	-
Quanergy	Apr 24, 2020	-	-	-
Pinterest	Apr 18, 2019	-	-	-
Exicure	May 22, 2018	-	-	-
Square	Nov 19, 2015	-	-	-

View more details about public companies in Acequia Capital's portfolio

21 companies from Acequia Capital's portfolio have been acquired. The most recent acquisition were Kheiron Medical Technologies in Oct 2024 by DeepHealth.

Here are Acequia Capital's portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Kheiron Medical Technologies	Oct 22, 2024	-	-	-
Wish Shopping	Feb 10, 2024	-	-	-
Onfido	Feb 06, 2024	Apr 14, 2016	Series B	$25M
Kadiska	Sep 06, 2023	Mar 25, 2022	Seed	Undisclosed
Metromile	Jul 01, 2022	Jun 01, 2011	Series A	Undisclosed

View all acquired companies in Acequia Capital's portfolio

Acequia Capital has a team of 18 members including 8 Partners and 6 Venture Partners located in United States, Canada and 2 more locations. Acequia Capital's team does not sit on the board of any company as of now.

Here is a list of top team members in Acequia Capital:

Name	Designation	Location	Board Memberships	Contact details
Fritz Lanman	Partner	New York City	-	1 Email
Charlie Songhurst	Partner	Kirkland	-	-
Leif Danielsen	Partner	-	-	1 Email
Hank Vigil	Partner	Seattle	-	1 Email
Gregory M Bernstein	Partner	New York City	-	1 Email
Marc Jalabert	Partner	-	-	1 Email
Rauten Hofmeyr	Partner	Cape Town	-	1 Email
Chris Strand	Partner	Seattle	-	-
Rio Caraeff	Venture Partner	Austin	-	-
David Kilcullen	Venture Partner	Denver	-	1 Email
Brett Bivens	Venture Partner	Geneva	-	1 Email, 2 Phone numbers

Get the full list of Acequia Capital's team & partners for free. Download now!

View team details of Acequia Capital

Over the past 14 years, 917 investors have co-invested in Acequia Capital's portfolio companies.

Invested before Acequia Capital: Y Combinator, European Union and 127 others have invested in rounds before Acequia Capital. There are 12 companies where Y Combinator has invested before Acequia Capital and 5 companies where European Union has invested before Acequia Capital.
Top Co-investors of Acequia Capital: 459 investors entered a company along with Acequia Capital. These include investors like SV Angel (8 companies).
Invested after Acequia Capital: A total of 329 investors have invested in Acequia Capital's portfolio after their investments. Top Investors include Tiger Global Management (3 companies), Charlie Songhurst (3 companies) and General Catalyst (2 companies).