Canaan Partners

1987
Founded

$6B
Funds Raised

6
# Funds

10
# Portfolio

15
# Investments

4
# Exits

2.47x
Avg Exit Multiple

2023
Latest Investment

2020
Latest Fund

Canaan is an early stage venture capital firm that invests in entrepreneurs with visionary ideas. With a diversified fund and over 200 exits to date, Canaan has invested in some of the world’s leading technology and healthcare companies over the past 33+ years. Canaan’s focus areas include Consumer Tech, Enterprise, Fintech, Frontier Tech and Life Sciences. To learn more about our people and our portfolio, please visit canaan.com.


Hewlett Packard Enterprise acquiring Israeli cyber startup Axis Security for $500 million March 2, 2023

Name	Title	Contact
Eric Young	Partner	1
Dan Ciporin	Partner	1

Startup	Status	Founded	Sector	Funding
Savvy	Active	2021	Enterprise Cyber Security	$30M
Axis Security	Acquired	2019	Enterprise Cyber Security	$99M
AirEye	Active	2017	Enterprise Cyber Security WiFi	$8M
Seetree.ai	Active	2017	Agritech Optimization Crop Analytics	$47.7M
Tomorrow.io	Active	2015	IoT Climate Weather	$259M
Snyk	Active	2015	Enterprise Cyber Security Development	$1.2B
HUMAN	Merged	2014	Enterprise Cyber Security Chatbot	$149M
Medial EarlySign	Active	2009	Healthcare Prevention Detection	$50M
Peer39	Acquired	2005	Marketing Real-Time Bidding	$30M
PrimeSense	Acquired	2005	Semiconductor 3D Hardware	$79.4M

Exit	Date	Consideration
Snyk Startup Acquisition	2021
Snyk Startup Acquisition	2021
Snyk Startup Acquisition	2021
Snyk Startup Acquisition	2020
HUMAN Acquisition	2019
Snyk Startup Acquisition	2019
PrimeSense Acquisition	2013	$350M
Peer39 Acquisition	2012	$16M

Round	Date	Amount	Investors
Savvy Series A	July 2023	$30M	Canaan Partners, Cyberstarts, Lightspeed Venture Partners
Tomorrow.io Series E	June 2023	$87M	Activate Capital, RTX Ventures, Seraphim Capital, Chemonics, Square Peg Capital, Canaan Partners, Clearvision Ventures, Pitango Venture Capital
AirEye Series A	April 2021	$8M	U.S. Venture Partners, Canaan Partners
Axis Security Series C	March 2021	$50M	Spark Capital, Canaan Partners, Cyberstarts, Ten Eleven Ventures
Snyk Series E	March 2021	$175M	Tiger Global Management, Accel Partners, Addition, Boldstart Ventures, Canaan Partners, Coatue Management, GV, Salesforce Ventures, BlackRock, Citi Group
HUMAN Series D	February 2021	$57M	AllianceBernstein, Adams Street Partners, Canaan Partners, Deutsche Telekom Capital Partners, Scale Venture Partners, Vertex Ventures, Golden Arc Capital, JS Capital, Stereo Capital
Axis Security Series B	September 2020	$32M	Canaan Partners, Cyberstarts, Ten Eleven Ventures
HUMAN Series C	January 2019	$43M	Scale Venture Partners, Adams Street Partners, Canaan Partners, Vertex Ventures, DCVC (Data Collective)
Tomorrow.io Series B	September 2018	$45M	Canaan Partners, Clearvision Ventures, Ford Smart Mobility, Envision Ventures, Fontinalis Partners, JetBlue Technology Ventures, Square Peg Capital
Snyk Series A	March 2018	$7M	Boldstart Ventures, Canaan Partners, Heavybit, FundFire, Peter McKay
Medial EarlySign Series B	February 2018	$30M	Peter McKay, Boldstart Ventures, Canaan Partners, Heavybit, FundFire, Marius Nacht, Nir Kalkstein, Horizons Ventures
Tomorrow.io Series A	October 2017	$15M	Canaan Partners, Fontinalis Partners, Square Peg Capital
Seetree.ai Seed	August 2017	$3.2M	Canaan Partners, Uri Levine, Mindset Ventures, iAngels
HUMAN Series B	June 2017	$23M	Canaan Partners, Vertex Ventures, DCVC (Data Collective)
PrimeSense Series B	April 2008	$20.4M	Genesis Partners, Canaan Partners, Gemini Israel Ventures

Fund Name	Date Announced	Fund Size
ㅤCanaan Partners raises $800 million	October 2020	$800M
ㅤCanaan Partners raises $ million	April 2020
ㅤCanaan Partners raises $800 million	July 2017	$800M
ㅤCanaan Partners raises $675 million	October 2014	$675M
ㅤCanaan Partners raises $600 million	January 2012	$600M
ㅤCanaan Partners raises $650 million	February 2008	$650M

ㅤInvestor Name	Investor Type	Location	Portfolio
ㅤPitango Venture Capital	Venture Capital	Israel	64
ㅤVertex Ventures	Venture Capital	Israel	52
ㅤiAngels	Crowdfunding	Israel	46
ㅤLightspeed Venture Partners	Venture Capital	United States	46
ㅤAccel Partners	Venture Capital	United States	27
ㅤCanaan Partners	Venture Capital	United States	10
ㅤMarius Nacht	Angel	Israel	24
ㅤSquare Peg Capital	Venture Capital	Israel	14
ㅤDCVC (Data Collective)	Venture Capital	United States	7
ㅤSalesforce Ventures	Corporate Venture Capital	United States	19
ㅤSpark Capital	Venture Capital	United States	16
ㅤBoldstart Ventures	Venture Capital	United States	10
ㅤMindset Ventures	Venture Capital	Israel	16
ㅤTen Eleven Ventures	Venture Capital	United States	5
ㅤAdams Street Partners	Investment Firm		5
ㅤTiger Global Management	Private Equity	United States	34
ㅤU.S. Venture Partners	Venture Capital	United States	12
ㅤCiti Group	Corporate Venture Capital	United States	13
ㅤCyberstarts	Venture Capital	Israel	15
ㅤUri Levine	Angel		4
ㅤAddition	Venture Capital	United States	4
ㅤAllianceBernstein	Investment Firm	United States	2
ㅤSeraphim Capital	Venture Capital	United Kingdom	3
ㅤClearvision Ventures	Venture Capital		1
ㅤActivate Capital	Venture Capital		1
ㅤRTX Ventures	Corporate Venture Capital		1
ㅤChemonics	Company		1
ㅤHorizons Ventures	Venture Capital	Hong Kong	17
ㅤGV	Corporate Venture Capital	United States	9
ㅤGemini Israel Ventures	Venture Capital	Israel	13
ㅤScale Venture Partners	Venture Capital	United States	13
ㅤDeutsche Telekom Capital Partners	Corporate Venture Capital	Germany	12
ㅤHeavybit	Company		4
ㅤCoatue Management	Venture Capital	United States	10
ㅤBlackRock	Investment Firm	United States	7
ㅤFundFire	Company		3
ㅤGolden Arc Capital	Family Office		1
ㅤJS Capital	Venture Capital	Israel	1
ㅤStereo Capital	Venture Capital		1
ㅤFontinalis Partners	Venture Capital		2
ㅤGenesis Partners	Venture Capital	Israel	11
ㅤNir Kalkstein	Angel		2
ㅤPeter McKay	Angel		2
ㅤEnvision Ventures	Venture Capital		2
ㅤFord Smart Mobility	Corporate Venture Capital		1
ㅤJetBlue Technology Ventures	Venture Capital		1