Investments
70Portfolio Exits
14Funds
4About K9 Ventures
K9 Ventures is an early stage venture fund that provides funding and support for concept-stage and seed-stage technology companies. K9 works with entrepreneurs, sometimes even before a company has been formed, to help evaluate, evolve and fund a company in its nascent stages. K9 Ventures focuses on startups in the San Francisco Bay Area that have a strong entrepreneur/team, an idea that has a clear path to revenue, which can be capital efficient and where we can add value.
K9 Ventures Headquarter Location
P.O. Box 901
Palo Alto, California, 94302,
United States
Latest K9 Ventures News
Jun 21, 2022
John Deere Teleo, a California-based startup that retrofits heavy equipment with autonomous technology , has raised $12 million in Series A funding from F-Prime Capital, K9 Ventures and Trucks Venture Capital. The startup was founded to address the shortage of skilled labor facing heavy civil and mining contractors. Teleo’s Supervised Autonomy Technology lets contractors retrofit their existing fleet of heavy equipment for remote operation, allowing dozers, excavators, trucks, wheel loaders and more to be run without an operator in the cab. The operator can control multiple pieces of equipment from a remote control station, enhancing both safety and productivity, the company says. With Teleo Supervised Autonomy technology, the remote operator can set a machine into autonomy mode for certain use cases or actions, choosing which machines to control and which to allow to operate autonomously. Live feeds and advanced analytics enhance contractor insight and improve performance, often providing better visibility and control than is possible for an operator sitting in the cab. Teleo says this pragmatic “crawl-walk-run” approach delivers the benefits of supervised autonomy now, while allowing construction and mining companies to amortize their investments as the technology matures toward fully autonomous heavy equipment operation. “Teleo was founded by two exceptional individuals, with extensive backgrounds in deep technology and autonomy. We believe their approach to bringing human supervised autonomy to the heavy equipment market is incredibly insightful and important. Teleo’s technology positively impacts the ROI of operation, while both upskilling the operator community and increasing safety levels," says Adam Grosser, chairman and managing partner of UP.Partners, Teleo's funding leader. In addition to the funding boost, Teleo announced a partnership with RDO Equipment. The John Deere dealer will sell, service and support Teleo’s Supervised Autonomy technology. The proprietary technology works across all heavy equipment types and all brands. Here's a preview of Teleo’s Supervised Autonomy technology in action: Related Stories
K9 Ventures Investments
70 Investments
K9 Ventures has made 70 investments. Their latest investment was in Pesto as part of their Seed VC on February 2, 2022.
K9 Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/1/2022 | Seed VC | Pesto | $5M | Yes | 5 | |
12/22/2021 | Series A | Avoma | $12M | Yes | 8 | |
12/15/2021 | Series C | Forethought | $65M | No | 10 | |
12/10/2021 | Series A | |||||
11/2/2021 | Series D |
Date | 2/1/2022 | 12/22/2021 | 12/15/2021 | 12/10/2021 | 11/2/2021 |
---|---|---|---|---|---|
Round | Seed VC | Series A | Series C | Series A | Series D |
Company | Pesto | Avoma | Forethought | ||
Amount | $5M | $12M | $65M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 5 | 8 | 10 |
K9 Ventures Portfolio Exits
14 Portfolio Exits
K9 Ventures has 14 portfolio exits. Their latest portfolio exit was Traptic on February 16, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
2/16/2022 | Acquired | 3 | |||
3/3/2021 | Acquired | 32 | |||
3/29/2019 | IPO | Public | 19 | ||
Date | 2/16/2022 | 3/3/2021 | 3/29/2019 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 3 | 32 | 19 |
K9 Ventures Fund History
4 Fund Histories
K9 Ventures has 4 funds, including K9 Ventures III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
8/14/2017 | K9 Ventures III | Early-Stage Venture Capital | Closed | $42M | 2 |
7/19/2012 | K9 Ventures II LP | ||||
7/1/2012 | K9 Ventures I | ||||
4/28/2010 | K9 Ventures LP |
Closing Date | 8/14/2017 | 7/19/2012 | 7/1/2012 | 4/28/2010 |
---|---|---|---|---|
Fund | K9 Ventures III | K9 Ventures II LP | K9 Ventures I | K9 Ventures LP |
Fund Type | Early-Stage Venture Capital | |||
Status | Closed | |||
Amount | $42M | |||
Sources | 2 |
K9 Ventures Team
2 Team Members
K9 Ventures has 2 team members, including current Chief Financial Officer, Ricke Braughm.
Name | Work History | Title | Status |
---|---|---|---|
Manu Kumar | Founder | Current | |
Ricke Braughm | Chief Financial Officer | Current |
Name | Manu Kumar | Ricke Braughm |
---|---|---|
Work History | ||
Title | Founder | Chief Financial Officer |
Status | Current | Current |
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