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Forerunner Ventures
Venture capital firm · Founded 2012 · Active in 2026
Forerunner Ventures is a venture capital firm based in San Francisco, USA, founded in 2012. The page below shows 16 Power Law outcomes from Forerunner Ventures's portfolio — 13 unicorns ($1B+ valuation) and 3 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).
Outcomes are concentrated in eCommerce & Marketplaces · Health Tech & Medtech · Other; top portfolio geographies are USA · Finland. Forerunner ranks #160 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.
Forerunner’s biggest exits.
Forerunner portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.
Forerunner’s selected top holdings.
An estimate of Forerunner’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 6 companies where Forerunner is a named shareholder, worth about $1.4B in estimated equity value.
Estimated value = Forerunner’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Forerunner also appears inside investor groups in Decagon, ŌURA, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
The 16 Forerunner Power Law outcomes ($100M+ revenue or $1B+ valuation).
Snapshot of where the outcomes are concentrated by country, sector, and stage entered.
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USA15
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Finland1
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eCommerce & Marketplaces6
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Health Tech & Medtech3
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Other3
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Marketing2
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Fintech1
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AI1
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Series B+5
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Series A4
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Seed7
Forerunner's 16 Power Law outcomes.
How does Forerunner stack up?
Forerunner in orange, your selection in blue and other colours. Pick from the global roster of 35 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.
Share of new unicorns per year
% of global unicorns minted that year, year by year · hover the chart to see which unicornsStage focus
Companies by entry stage and outcome tierSector focus
Companies per investor across the 10 highest-volume sectorsWhere Forerunner's portfolio founders come from — and where they studied.
53 founders across the 16 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Wharton School of the University of Pennsylvania and Homebound are the deepest single pipelines.
Key people at Forerunner.
Market sentiment
What the market is saying about Forerunner Ventures
An AI-synthesized read of the highest-engagement posts about Forerunner on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
In the news
Latest news about Forerunner Ventures
Recent press, funding announcements, and portfolio moves mentioning Forerunner — pulled live from Dealroom's news feed.
Want the full picture on Forerunner Ventures?
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