Predict your next investment

Venture Capital
wing.vc

See what CB Insights has to offer

Investments

120

Portfolio Exits

8

Funds

8

About Wing Venture Capital

Wing Venture Capital is a Silicon Valley venture capital firm focused exclusively on early stage business technology opportunities. Founded by Gaurav Garg and Peter Wagner, formerly of Sequoia Capital and Accel Partners respectively, Wing is designed to be the ideal partner for talented entrepreneurs seeking to build next generation industry leading companies. Current Wing portfolio companies include CloudPhysics, Cumulus Networks, FireEye, Instart Logic, Mobile Iron, Nimble Storage, Platfora and Shape Security.

Wing Venture Capital Headquarter Location

2061 Avy Ave Second Floor

Menlo Park, California, 94025,

United States

650-464-6070

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Wing Venture Capital

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

CB Insights Intelligence Analysts have mentioned Wing Venture Capital in 1 CB Insights research brief, most recently on Aug 14, 2019.

Latest Wing Venture Capital News

Tray.io Recognized as Top Startup on Wing Venture Capital’s Enterprise Tech 30 List

Mar 10, 2022

Leader in Embedded Integrations and Low-code Automation Repeats Appearance on Prestigious Industry List, Demonstrating Strong Growth and Potential in the Enterprise Technology Sector March 10, 2022 09:00 AM Eastern Standard Time SAN FRANCISCO--( BUSINESS WIRE )-- Tray.io , the leader in low-code automation and integration, today announced it has been named to Wing Venture Capital’s fourth annual Enterprise Tech 30 list , distinguishing Tray.io as one of the top startups of the year with the most potential for growth for the second time . The Enterprise Tech 30 is an annual list of the most promising private companies in enterprise technology as determined by an unbiased survey of leading venture capitalists in the sector voting for the best of the best. “We specifically designed Wing Venture Capital’s Enterprise Tech 30 list to act as a highly predictive indicator of the most promising startups in the industry, derived directly from the proprietary insight of the top venture investors in the world,” said Peter Wagner, founder and partner, Wing Venture Capital. “As the leaders in their category, this year’s ET30 startups are driving the most important innovation in the Modern Enterprise marketplace today.” Tray.io, creator of both the Tray Platform and Tray Embedded product lines, provides low-code automation and integration capabilities to technical and non-technical users alike, empowering IT and line-of-business (LOB) teams to develop automated workflows and integrations between the disparate apps in their tech stack. Driven by the convergence of APIs and mounting demands for integration and automation capabilities, Gartner predicts “citizen developers” will outnumber professional developers four to one by 2023. By providing powerful low-code customer integrations and automation capabilities, Tray.io is leading the way for the future of work, giving end-users across the enterprise—in product management, marketing, sales, customer services, finance, HR, and more—the power to design their own custom workflows and manage complex business processes. “We believe more strongly than ever that the democratization of technology for all teams across the organization—technical and line-of-business—will be the key for individuals and teams to unlock their full potential,” said Rich Waldron, co-founder and CEO, Tray.io. “Our inclusion on this prestigious list is a testament to our commitment to continued innovation and leadership in embedded integrations and low-code automation. We remain eternally grateful to our customers and our incredible team for helping us get this far.” Over the past year, Tray.io has demonstrated significant growth, more than doubling revenue YoY and expanding its team by more than 25%, amidst one of the toughest hiring markets in recent history, and investing in strategic growth across product development, engineering, and customer success to further empower low-code builders to drive innovation throughout their organizations. The company is well-positioned as a leader in SaaS due to a combination of strong product-market fit, a highly experienced and growing team, as well as its market position in integrations (a market estimated to already exceed $3B in size) and automation (a market estimated to exceed $600B by 2022). Visit Tray.io to learn more. About Tray.io Tray.io is low-code automation for everyone. The Tray.io General Automation Platform democratizes automation and integration so anyone can easily turn their unique business processes into repeatable and scalable workflows that evolve whenever business needs change. Unlike iPaaS solutions, which are expensive, complex, and code-intensive, Tray.io’s flexible self-service platform makes it simple to build integrations using any API and connect enterprise applications at scale without incremental costs. Process innovation is today’s competitive advantage since companies can no longer differentiate on their tech stack alone. The promise of SaaS led to an avalanche of siloed point solutions that require businesses to force their processes into rigid, predetermined schema. The Tray Platform removes these limitations, empowering both non-technical and technical users to create sophisticated workflow automations that streamline data movement and actions across multiple applications. Freed from tedious and repetitive tasks, citizen automators, product leaders, and IT are able to uplevel their skill set with automation to unlock their full potential and do things in a way that’s right for their business. Teams at leading companies including FICO, New Relic, Segment, and Udemy bring the future of work to life using Tray.io’s solutions. Love your work. Automate the rest.™ Contacts

Wing Venture Capital Investments

120 Investments

Wing Venture Capital has made 120 investments. Their latest investment was in Obsidian Security as part of their Series C on April 4, 2022.

CBI Logo

Wing Venture Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/14/2022

Series C

Obsidian Security

$90M

No

2

3/29/2022

Series A

Pinecone

$28M

No

8

3/16/2022

Series B

Truera

$25M

No

7

3/15/2022

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

3/15/2022

Series B

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/14/2022

3/29/2022

3/16/2022

3/15/2022

3/15/2022

Round

Series C

Series A

Series B

Unattributed VC

Series B

Company

Obsidian Security

Pinecone

Truera

Subscribe to see more

Subscribe to see more

Amount

$90M

$28M

$25M

$99M

$99M

New?

No

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

8

7

10

10

Wing Venture Capital Portfolio Exits

8 Portfolio Exits

Wing Venture Capital has 8 portfolio exits. Their latest portfolio exit was Seer on December 04, 2020.

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

12/4/2020

IPO

$99M

1

9/16/2020

IPO

Subscribe to see more

$99M

Subscribe to see more

10

5/4/2020

Acquired

Subscribe to see more

Subscribe to see more

10

11/25/2019

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

5/15/2018

Acquired

Subscribe to see more

Subscribe to see more

10

Date

12/4/2020

9/16/2020

5/4/2020

11/25/2019

5/15/2018

Exit

IPO

IPO

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Wing Venture Capital Fund History

8 Fund Histories

Wing Venture Capital has 8 funds, including Wing Three.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/18/2020

Wing Three

$400M

1

6/9/2020

Wing Ventures III

$99M

10

4/6/2020

Wing One Investments

Subscribe to see more

Subscribe to see more

$99M

10

12/7/2016

Wing Two

Subscribe to see more

Subscribe to see more

$99M

10

11/15/2013

Wing Strategic Partners

$99M

10

Closing Date

6/18/2020

6/9/2020

4/6/2020

12/7/2016

11/15/2013

Fund

Wing Three

Wing Ventures III

Wing One Investments

Wing Two

Wing Strategic Partners

Fund Type

Subscribe to see more

Subscribe to see more

Status

Subscribe to see more

Subscribe to see more

Amount

$400M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Wing Venture Capital Team

3 Team Members

Wing Venture Capital has 3 team members, including current Chief Financial Officer, Hilary Strain.

Name

Work History

Title

Status

Hilary Strain

Chief Financial Officer

Current

Gaurav Garg

Founding Partner

Current

Peter Wagner

Founding Partner

Current

Name

Hilary Strain

Gaurav Garg

Peter Wagner

Work History

Title

Chief Financial Officer

Founding Partner

Founding Partner

Status

Current

Current

Current

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.