Search company, investor...

Predict your next investment

Venture Capital
FINANCE | Investment Firms & Funds
socialcapital.com

Investments

373

Portfolio Exits

66

Funds

9

Partners & Customers

1

Service Providers

2

About Social Capital

Social Capital is a partnership of renowned philanthropists, technologists and capitalists utilizing venture capital as a force to create massive value and change on a global scale.

Headquarters Location

120 Hawthorne Ave

Palo Alto, California, 94301,

United States

650-521-9007

Want to inform investors similar to Social Capital about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Expert Collections containing Social Capital

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Social Capital in 7 Expert Collections, including HR Tech.

H

HR Tech

65 items

B

Banking

44 items

Based on CB Insights Research Brief: https://www.cbinsights.com/blog/industry-market-map-landscape/#retail banking

U

Unicorns- Billion Dollar Startups

115 items

W

Wearable Computing

16 items

Wearable computing is broadly defined to include companies developing electronics devices worn or placed on the body and equipped with technology that can range from wearable medical devices to AR/VR headsets to GPS pet collars, among other examples. We include any company with a

F

Fitness Tech

227 items

We define fitness tech as companies leveraging software and technology to augment approaches to developing or maintaining physical fitness. Companies in this category develop tools and services including workout apps, wearables, and connected fitness equipment.

T

Travel Technology (Travel Tech)

39 items

Tech-enabled companies offering services and products focused on tourism. This collection includes booking services, search platforms, on-demand travel and recommendation sites, among others.

Research containing Social Capital

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Social Capital in 2 CB Insights research briefs, most recently on Apr 5, 2022.

Latest Social Capital News

Exclusive: Silicon Valley’s Tribe Capital plans to raise $250 million India-dedicated fund: Arjun Sethi

May 30, 2023

Exclusive: Silicon Valley’s Tribe Capital plans to raise $250 million India-dedicated fund: Arjun Sethi Silicon Valley-based Tribe Capital, which was founded by former executives of Chamath Palihapitiya’s venture capital firm Social Capital , plans to launch an India-dedicated fund with a corpus of $250 million. The timing of the India-focussed fund is significant as it coincides with risk investors turning cautious about the technology sector that has undergone a steep correction over the past year after the excesses of 2020-21. The fresh pool of capital for India will be separate from Tribe’s global fund, which has so far backed Indian startups such as logistics aggregator Shiprocket, BlackBuck, a trucking platform, Khatabook, which helps small businesses keep digital records, among others. ETtech Arjun Sethi, cofounder & partner, Tribe Capital, told ETtech that the firm is in the midst of setting up an Alternative Investment Fund (AIF) domiciled in India and operated by a local team based out of New Delhi. Tribe India Venture AIF, Fund I, has already started conversations with limited partners or sponsors who pool in capital and expects to close the discussions in a few months. “Our flagship venture funds have already provided us with a five-year head start here – our dataset covers 1,500 companies, 70 terabytes of data. By launching regional “Navigator” funds, like the India AIF fund, we see a sustainable and incentive-aligned approach whereby we can leverage local data science teams to contribute to our centralized data science efforts (strengthening both our flagship funds and other regional Navigator funds) while offering LPs a product that targets region-specific exposure,” Sethi said. While the fund is sector-agnostic, based on where it observes product-market fit from its current activities in India, Sethi said he expects to focus on Artificial Intelligence, software, and fintech. Discover the stories of your interest As for Tribe’s India portfolio, Sethi said the firm’s largest and most successful investments in India to-date are in Shiprocket, Khatabook, and Blackbuck. “These companies are contrarian (bets) to much of the Indian ecosystem in that they prioritised real world engagement and/or monetization over superficial growth,” he said. Sethi said that India is at an “inflection point” where founders have experienced successes and failures, and the ecosystem is ready to support larger sums of capital investment. Existing investors in India are also less experienced in terms of knowing how to support entrepreneurs through ups and downs, through capital and strategic advice. That’s why now is the right time for us to enter support and help accelerate the Indian ecosystem, he said, while talking about the timing of the India fund launch. Tribe’s founding partners – Sethi, Jonathan Hsu and Ted Maidenberg – had previously invested in companies such as Slack, Snapchat, Carta, Gusto, while they were at Social Capital. The firm, which differentiates itself from the traditional set of VC funds in the Valley, claims to make investing decisions based on data modelling. During the Covid-led tech boom, Tribe backed a plethora of cryptocurrency platforms and Web3 startups including the now-bankrupt FTX, crypto exchange Kraken, Binance US, among many others. Last year, the fund raised $25 million for an incubator programme Tribe Crypto Labs, but the shake-up in the crypto sector has been tough going for funds like Tribe, which have had to write off investments in some of these assets. Why a separate India fund? Looking at the maturity of capital providers and entrepreneurs with tech experience, we believe that the Indian ecosystem is roughly a decade behind the US, Sethi said. He added that both the Indian venture market and the economy are growing much quicker than in the US, which have acted as factors for entrepreneurs. “In particular we see a void in logistics and financial infrastructure, where existing global solutions cannot be applied to India,” Sethi told ETtech. The labour cost advantage means that Indian companies will be able to export and compete globally because they will be able to build software products better, faster, and cheaper than the rest of the developed world. We believe that the Indian opportunity is not only driven by its domestic market growth, but by its value capture through impending Indian exports globally, he added. According to Tribe’s proprietary data analysis of supply and demand of capital in the system, Sethi said the funding crunch is as significant in India as in the US, which represents an opportunity for capital providers. Buying secondaries at discounts Sethi said despite the tightening of the funding environment and many late-stage Indian startups struggling to prove their business models, Tribe is bullish on India. “We are active in India and have been leaning in during the current environment by acquiring more ownership in our current portfolio by transacting secondaries at discounts. As venture investors we take a long-term view and only invest in companies where we have underwritten a 5-10x outcome, so small changes (10-20%) in valuation generally do not materially affect our appetite. However, when we see very large discounts like 50% or higher, we will be more aggressive, such as our secondaries strategy I mentioned above,” Sethi said. The secondary market has been active as existing investors look to clock partial exits from their portfolio firms as IPOs have dried up for more than a year. ETtech reported on May 3 that Malaysia’s sovereign wealth fund Khazanah Nasional picked up about a 3% stake in ecommerce focussed logistics firm Xpressbees by paying $40 million through a secondary share sale. Eyewear retailer Lenskart recently facilitated a $500 million secondary transaction , while FirstCry has been in discussions to liquidate shares of some of its investors at a $3 billion valuation, as reported in April. Talking about India market via-a-vis the US, Sethi said the two markets were different. “We believe that the fundamentals of product-market fit and what companies look like when their product is working, and engagement is compounding, are similar irrespective of which market they operate in. That said, the macro structure of the Indian ecosystem is more nascent, smaller but growing quickly and has a labour cost advantage…” he said.

Social Capital Investments

373 Investments

Social Capital has made 373 investments. Their latest investment was in Metalink as part of their Seed VC on March 3, 2023.

CBI Logo

Social Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/15/2023

Seed VC

Metalink

$6M

Yes

2

2/27/2023

Series B

Flock

$38M

No

2

11/2/2022

Seed VC

Early is Good

$4M

Yes

8

10/25/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

8/25/2022

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/15/2023

2/27/2023

11/2/2022

10/25/2022

8/25/2022

Round

Seed VC

Series B

Seed VC

Series A

Seed VC

Company

Metalink

Flock

Early is Good

Subscribe to see more

Subscribe to see more

Amount

$6M

$38M

$4M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

2

8

10

10

Social Capital Portfolio Exits

66 Portfolio Exits

Social Capital has 66 portfolio exits. Their latest portfolio exit was Replicon on May 26, 2023.

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

5/26/2023

Acquired

$99M

4

4/11/2023

Acquired

$99M

9

4/10/2023

Corporate Majority

$99M

1

8/17/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

8/16/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/26/2023

4/11/2023

4/10/2023

8/17/2022

8/16/2022

Exit

Acquired

Acquired

Corporate Majority

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

4

9

1

10

10

Social Capital Acquisitions

1 Acquisition

Social Capital acquired 1 company. Their latest acquisition was Hustle on August 18, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/18/2020

Debt

$99M

$42.5M

Acq - Fin

3

Date

8/18/2020

Investment Stage

Debt

Companies

Valuation

$99M

Total Funding

$42.5M

Note

Acq - Fin

Sources

3

Social Capital Fund History

9 Fund Histories

Social Capital has 9 funds, including Natural Capital Discover I Series 1.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/30/2019

Natural Capital Discover I Series 1

$0.32M

1

5/18/2015

Social Capital Partnership III

Subscribe to see more

Subscribe to see more

$99M

10

12/31/2013

Social Capital Partnership II

Subscribe to see more

Subscribe to see more

10

5/4/2013

Social Capital Partnership

Subscribe to see more

Subscribe to see more

10

Social Capital Partnership Principals Fund III

10

Closing Date

5/30/2019

5/18/2015

12/31/2013

5/4/2013

Fund

Natural Capital Discover I Series 1

Social Capital Partnership III

Social Capital Partnership II

Social Capital Partnership

Social Capital Partnership Principals Fund III

Fund Type

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$0.32M

$99M

Sources

1

10

10

10

10

Social Capital Partners & Customers

1 Partners and customers

Social Capital has 1 strategic partners and customers. Social Capital recently partnered with UrbanFootprint on April 4, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

4/11/2018

Supplier

United States

UrbanFootprint Teams Up with the State of California and Social Capital to Bring Our Platform to California Cities.

We are thrilled to announce our partnership with the State of California and venture firm Social Capital to bring UrbanFootprint California Civic free of charge to planning departments in over 500 cities .

1

Date

4/11/2018

Type

Supplier

Business Partner

Country

United States

News Snippet

UrbanFootprint Teams Up with the State of California and Social Capital to Bring Our Platform to California Cities.

We are thrilled to announce our partnership with the State of California and venture firm Social Capital to bring UrbanFootprint California Civic free of charge to planning departments in over 500 cities .

Sources

1

Social Capital Service Providers

2 Service Providers

Social Capital has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

Subscribe to see more

Subscribe to see more

Subscribe to see more

Service Provider

Subscribe to see more

Associated Rounds

Provider Type

Counsel

Subscribe to see more

Service Type

General Counsel

Subscribe to see more

Partnership data by VentureSource

Social Capital Team

13 Team Members

Social Capital has 13 team members, including , .

Name

Work History

Title

Status

Ted Maidenberg

U.S. Venture Partners, Warner Bros. Entertainment, and Credit Suisse

Founder

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Ted Maidenberg

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

U.S. Venture Partners, Warner Bros. Entertainment, and Credit Suisse

Title

Founder

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Compare Social Capital to Competitors

Founder Collective Logo
Founder Collective

Founder Collective is a seed-stage venture capital fund, built by a collection of entrepreneurs. The firm is headquartered in New York City and Cambridge, but makes investments all over the world.

L
Lightspeed Venture Partners

Lightspeed Venture Partners operates as an early-stage venture capital firm. It focuses on accelerating disruptive innovations and trends in the enterprise and consumer sectors. It was founded in 2000 and is based in Menlo Park, California.

J-Ventures Logo
J-Ventures

J-Ventures operates a community-driven global venture capital fund. It operates as a collaborative community of leaders with shared values and a network of connected capital. It invests in enterprise software, fintech, cybersecurity, aviation, gaming, clean-technology, health care, and more. J-Ventures was founded in 2015 and is based in Palo Alto, California.

General Catalyst Logo
General Catalyst

General Catalyst is a venture capital firm that makes early-stage and transformational investments. It back entrepreneurs who are building technology companies and businesses, and invests in seed-stage, early-stage, later-stage, and growth-stage companies operating in consumer, enterprise, fintech, crypto, health assurance, software, transportation, big data, and technology sectors. The company was founded in 2000 and is based in Cambridge, Massachusetts.

Sequoia Capital Logo
Sequoia Capital

Sequoia is a venture capital firm. It seeks to invest in companies operating in the information technology, healthcare, manufacturing, mobile, nanotechnology, financial service, internet, energy, media, and retail sectors. The company was founded in 1972 and is based in Menlo Park, California.

SyndicateRoom Logo
SyndicateRoom

SyndicateRoom is an online equity crowdfunding platform that allows its members to co-invest in exciting companies with seasoned investors.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.