Product Reports Resources Pricing Login Book a demo
Investor profile

Obvious Ventures

Venture Capital · Founded 2014 · San Francisco, United States

Early-stage venture capital company backing founders tackling major societal challenges with sustainable, health-focused, and economic-impact ventures

108 portfolio companies Venture Capital · $6.3B invested · 174 investments · Investor rank #461 · Last investment 8/2026
Portfolio companies 108 ↑ 59% 5y
Decacorns 1
Thoroughbreds 7
01 · Biggest holdings

Obvious Ventures’ biggest current holdings.

The most valuable companies Obvious Ventures still holds — unicorns and thoroughbreds it has backed, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead. Where a cap table names Obvious Ventures directly, the stake and its estimated value are shown too.

#CompanyEst. stakeValuationEst. value
  1. 1 Devoted HealthDecacorn · Health · USA 2% $12.9B $258M
  2. 2 MedableUnicorn · Health · USA 3% $2.1B $63M
  3. 3 Virta HealthUnicorn · Health · USA 6% $2.0B $120M
  4. 4 Diamond FoundryUnicorn · Fashion · USA $1.8B
  5. 5 DexterityUnicorn · Robotics · USA $1.6B
  6. 6 Incredible HealthUnicorn · Health · USA $1.6B
  7. 7 Iterative HealthUnicorn · Health · USA $1.4B
  8. 8 GustoFintech · USA $9K

Estimated value = Obvious Ventures’ disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Obvious Ventures also appears inside investor groups in Dexterity, Diamond Foundry, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →

02 · Exits

Obvious Ventures’ biggest exits.

Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from Obvious Ventures’ transaction record.

$3.8B IPO · 2019
Entered Series B+Now $517MFood
$3.5B IPO · 2021
Entered Series ANow $226MHealth
$3.3B IPO · 2021
Entered Series B+Now Transportation
$2.7B IPO · 2021
Entered Series ANow $1.3BHealth
$1.6B IPO · 2021
Entered Series B+Now $210MEnergy
03 · Portfolio analysis

Where Obvious Ventures’ portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 108 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA98
  2. Canada4
  3. UK3
  4. Germany2
  5. Brazil1
  6. France1
  7. Israel1
  8. Morocco1
  9. Spain1
  10. Sweden1
By sectorCount
  1. Health32
  2. Fintech18
  3. Enterprise Software14
  4. Energy13
  5. Food11
  6. Transportation10
  7. Jobs Recruitment5
  8. Education4
  9. Real Estate4
  10. Robotics4
  11. Wellness Beauty4
  12. Home Living3
By stage enteredCount
  1. Series A54
  2. Seed34
  3. Series B+20
By growth stageCount
  1. Breakout Stage55
  2. Late Growth30
  3. Early Growth28
04 · Portfolio market map

Inside Obvious Ventures’ portfolio.

The 60 highest-funded portfolio companies, of 108 tracked.

Magic Leap
Gaming · Unicorn
$2.0B
Devoted Health
Health · Decacorn
$13B
Proterra
Energy
$210M
Diamond Foundry
Fashion · Unicorn
$1.8B
Zymergen
Health
$226M
Gusto
Fintech
$9K
Recursion Pharma
Health · Unicorn
$1.3B
Medable
Health · Unicorn
$2.1B
Fair
Transportation
$19M
Lilium
Transportation
Helix
Health · Unicorn
$1.0B
Virta Health
Health · Unicorn
$2.0B
Openly
Fintech
$400M
Dexterity
Robotics · Unicorn
$1.6B
Mosaic
Fintech
Iterative Health
Health · Unicorn
$1.4B
Good Eggs
Food
$22M
Lyric
Travel
$640M
Seurat Technologies
Engineering and Manufacturing Equipment
$396M
RenoRun
Real Estate
$568M
Zanskar
Energy
$460M
LTSE
Fintech
$400M
Medium
Media
$200M
Beyond Meat
Food
$517M
Octave
Health
$260M
Inceptive
Health
$400M
Block renovation
Home Living
$200M
Dyno Therapeutics
Health
$400M
ConcertoCare
Health
$420M
Incredible Health
Health · Unicorn
$1.6B
Pyka
Food
$160M
Tomorrow Health
Health
$240M
Happiest Baby
Kids
$180M
Enbala
Energy
$22M
Torch Labs
Education
$160M
Lightship RV
Energy
$92M
LabGenius
Health
$185M
Hedvig
Fintech
$32M
Plant Prefab
Real Estate
$150M
Brightside
Fintech
$176M
Change.org
Legal
$120M
One Finance
Fintech
$160M
Miyoko’s Creamery
Food
$260M
MycoMedica Life Sciences
Health
$240M
Fleetzero
Energy
$172M
Radical Numerics
Health
$200M
Inato
Health
$80M
Parallel Learning
Health
$80M
Lynx
Health
$108M
Ataraxis AI
Health
$82M
Canvas Construction
Real Estate
$96M
Urban Remedy
Food
$72M
Gray Swan AI
Security
$160M
Gandeeva Therapeutics
Health
$160M
Theaifleet
Transportation
$84M
Anagenex
Health
$120M
Helix RE
Real Estate
$116M
Flux Factory
Hosting
$116M
SINAI
Energy
$88M
Metabiota
Health
$124M
05 · Portfolio founders

Where Obvious Ventures’ portfolio founders come from.

168 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. United States129
  2. United Kingdom8
  3. Canada7
  4. France4
  5. Sweden4
  6. Germany3
  7. Netherlands3
  8. Ireland2
  9. Australia1
  10. Brazil1
UniversityCount
  1. Stanford University18
  2. Massachusetts Institute of Technology11
  3. Harvard University9
  4. Dartmouth College4
  5. Harvard Business School4
  6. Universiry of California, Davis4
  7. University of Texas at Austin4
  8. National University of Singapore3
  9. Stanford University Graduate School of Business3
  10. University of California, Berkeley3
Previous companyCount
  1. Alphabet | Google12
  2. Stanford University12
  3. X.6
  4. Apple5
  5. McKinsey & Company5
  6. Microsoft5
  7. Tesla4
  8. Amazon3
  9. Goldman Sachs3
  10. IBM3