When was XG Ventures founded?

XG Ventures was founded in 2008.

Where is XG Ventures' headquarters located?

XG Ventures' headquarters is located in Menlo Park ( United States ).

How big is XG Ventures' investment team?

XG Ventures has a team of 5, including 4 partners.

How many companies has XG Ventures invested in?

XG Ventures has invested in 109 companies, including Facebook & Box.

Which companies has XG Ventures invested in lately?

Booksy & Qwick are the latest investments by XG Ventures.

What sectors does XG Ventures focus on for investments?

Top sectors in XG Ventures' portfolio are Enterprise Applications (38 investments) and Consumer (39 investments).

What stages of companies does XG Ventures typically invest in?

XG Ventures primarily invests in Seed and Series A stages.

How many exits has XG Ventures been involved in?

XG Ventures' portfolio has seen 3 IPOs and 44 acquisitions.

How many unicorns are there in XG Ventures' portfolio?

There are 3 unicorns in XG Ventures' portfolio.

XG Ventures - 2025 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

1. Facebook

Provider of online social networking and related services. It offers a platform for users to connect with friends and family, share information, and engage in various online activities. The company provides tools for communication, including messaging and video calls. Additional services encompass photo and video sharing, and the development of related applications and technologies. It also offers advertising services to businesses.

Key facts about Facebook

Founded Year: 2004
Location: Menlo Park (United States)
Annual Revenue: $13.5B as on Dec 31, 2023
Stage: Public
Total Funding till date: $2.27B
Employee Count: 67,317 as on Dec 31, 2023
Investors: Vulcan Capital, Hercules Capital and 111 Others
Latest Funding Round: Grant (prize money), Jan 15, 2017, $490
Highlight: Public

2. Box

Cloud-based platform for file sharing. It is a content management platform that provides secure file sharing, storage, and collaboration solutions. The product modules include workflow automation, file collaboration, electronic signature, whiteboarding and team collaboration tool, AI document summarizing, compliance management, note taking, API integration, and more. It is a tool available on the subscription based pricing model.

Key facts about Box

Founded Year: 2005
Location: Redwood City (United States)
Stage: Public
Total Funding till date: $693M
Employee Count: 4 as on Aug 31, 2024
Investors: Starboard Value, Hercules Capital and 38 Others
Latest Funding Round: Post IPO, May 12, 2021, $500M
Highlight: Public

3. Booksy

It offers a platform to schedule & manages appointments for beauty services. The company offers service across categories including hair salons & stylists, spa & massage, nail spa, body art, bridal makeup, etc. It also provides a SaaS platform to service providers for business management. The app is available for both Android & iOS platforms.

Key facts about Booksy

Founded Year: 2012
Location: San Francisco (United States)
Stage: Series C
Total Funding till date: $124M
Employee Count: 112 as on Dec 31, 2022
Investors: Industry Ventures, Canadian Imperial Bank of Commerce and 38 Others
Latest Funding Round: Series C, Oct 03, 2024
Highlight: Editors' Pick

4. Carta

Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.

Key facts about Carta

Founded Year: 2012
Location: San Francisco (United States)
Valuation: $7.4B as on Aug 14, 2021
Stage: Series G
Total Funding till date: $1.16B
Employee Count: 882 as on Dec 31, 2023
Investors: CPP Investments, Silver Lake and 128 Others
Latest Funding Round: Series G, Aug 13, 2021, $500M
Highlight: Editors' Pick

5. Shift Technologies

Provider of software solutions for digital workspace management. It provides users with a platform to simplify the administration of several email accounts and online apps with a single interface. It connects to multiple web programs, including Dropbox, Gmail, Outlook, and more, enabling access without requiring frequent log-ins and log-outs. Additionally, it facilitates the organisation of tabs, bookmarks, and inboxes, which helps in switching between business and personal accounts.

Key facts about Shift Technologies

Founded Year: 2013
Location: San Francisco (United States)
Stage: Public
Total Funding till date: $223M
Employee Count: 1,222 as on Dec 31, 2022
Investors: Bryant Stibel, Goldman Sachs and 45 Others
Latest Funding Round: Series D, Apr 11, 2019, $40M
Highlight: Public

Want to see the entire list?

XG Ventures has invested in 109 companies over the last 17 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Booksy and most recent follow-on round was in Baker.

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

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	0	0	0
2024	0	0	0
2023	0	0	0
2022	0	0	0
2021	0	0	0
2020	0	0	0
2019	1	0	1
2018	1	0	1
2017	1	1	2
2016	2	3	5

View all investments by XG Ventures

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XG Ventures has made 38 investments in Seed stage with an average round size of $1.74M, 4 investments in Series A stage with an average round size of $6.66M, 2 investments in Series B stage with an average round size of $26.3M, 1 investment in Angel stage and 1 investment in Unattributed stage with an average round size of $1.6M.

Here are XG Ventures' investments by stage:

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

Stage of entry	No. of Investments
Seed	38
Series A	4
Series B	2
Angel	1
Unattributed	1

View all investments by XG Ventures

XG Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Media & Entertainment, Mobile and Retail. Notably, it has invested in 91 Tech companies, 61 Enterprise (B2B) companies, 52 Consumer (B2C) companies and at least 41 companies focusing on Software.

Here are XG Ventures' investments by sector:

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

Sector	No. of Investments
Consumer	16
Enterprise Applications	15
Media & Entertainment	10
Mobile	8
Retail	6
Others	29

View all investments by XG Ventures

XG Ventures has made most investments in United States (45), followed by China where it has made 1 investment.

Here are XG Ventures' investments by geography:

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

Country	No. of Investments
United States	45
China	1

View all investments by XG Ventures

XG Ventures has not made any investment in 2025 so far.

Here are the most recent investments by XG Ventures:

Date	Company	Location	Round Details	Round Amount	Co-Investors
Nov 04, 2019	Booksy	United States	Series B	$28.7M	Piton Capital [+7]
Dec 20, 2018	Qwick	United States	Seed	$1.3M	Revolution [+3]
Nov 21, 2017	Baker	United States	Series A	$8M	Poseidon Asset Management [+4]
Jan 23, 2017	Bluesmart	United States	Series A	$12M	Endeavor [+3]
Nov 29, 2016	Baker	United States	Seed	$2.91M	Base Ventures [+3]

Get the detailed list of all investments by XG Ventures. Download now!

See more recent investments made by XG Ventures

XG Ventures has 3 unicorns in its portfolio - Genies, Carta and Rappi. The most recent unicorn in their portfolio is Genies. It became a unicorn in 2022, 8 years after XG Ventures first invested in it.

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

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
71	Genies	Provider of a mobile application and SDK to create 3D avatars	2011	High Tech [+1]	Los Angeles	Series C	rorxvlp
75	Carta	Software-based equity management solutions	2012	FinTech [+1]	San Francisco	Series G	axojahs
67	Rappi	Online food ordering and delivery platform	2015	Food and Agriculture Tech [+2]	Mexico City	Series F	rzvtqvl

View more details about unicorns in XG Ventures' portfolio

3 of XG Ventures' portfolio companies have become public. Shift Technologies got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2019 at marketcap of $10 and Box got listed on the New York Stock Exchange (NYSE) at marketcap of $1.63B.

Here are XG Ventures' portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Shift Technologies	Jun 04, 2019	Nov 18, 2014	Series B	$23.8M
Box	Jan 23, 2015	-	-	-
Facebook	May 18, 2012	-	-	-

View more details about public companies in XG Ventures' portfolio

44 companies from XG Ventures' portfolio have been acquired. The most recent acquisition were Tynker in Jun 2025 by CodeHS.

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

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Tynker	Jun 09, 2025	Apr 11, 2013	Seed	$3.25M
X	Mar 29, 2025	-	-	-
Preteckt	Feb 10, 2025	-	-	-
Poplar Homes	Jan 22, 2025	-	-	-
Chartboost	Dec 10, 2024	Oct 24, 2011	Series A	$2M

View all acquired companies in XG Ventures' portfolio

XG Ventures has a team of 5 members including 4 Partners and 1 Principal located in United States, Vietnam and 1 more locations. XG Ventures' team does not sit on the board of any company as of now.

Here is a list of all team members in XG Ventures:

Name	Designation	Location	Board Memberships	Contact details
Andrea Zurek	Partner	San Francisco	-	1 Email
Pietro Dova	Partner	Menlo Park	-	1 Email
Greg Lee	Partner	Palo Alto	-	1 Email
Vincent Johnson	Partner	Vietnam	-	-
Alica Toby	Principal	Lorraine	-	-

Get the full list of XG Ventures' team & partners for free. Download now!

View team details of XG Ventures

Over the past 17 years, 352 investors have co-invested in XG Ventures's portfolio companies.

Invested before XG Ventures: Y Combinator, 500 Global and 35 others have invested in rounds before XG Ventures. There are 6 companies where Y Combinator has invested before XG Ventures and 6 companies where 500 Global has invested before XG Ventures.
Top Co-investors of XG Ventures: 136 investors entered a company along with XG Ventures. These include investors like Quest Venture Partners (6 companies).
Invested after XG Ventures: A total of 179 investors have invested in XG Ventures's portfolio after their investments. Top Investors include Lightspeed Venture Partners (3 companies), Menlo Ventures (2 companies) and Union Square Ventures (2 companies).