Silicon Valley VC firm Kleiner Perkins closed two funds amounting to $1.4B late last month, securing $1B in the firm’s Digital Growth Fund, and $400M in its early-stage fund. According to NVCA (National Venture Capital Association), it’s the second largest fundraise in 2Q 2016 after Andreessen Horowitz, who have raised a whopping $1.5 billion.
KPCB typically invests in consumer and enterprise tech startups, IoT and connected device companies, clean tech, life sciences and digital health. In light of its latest fundraise, we’ve highlighted its portfolio of 20+ unicorns, and its portfolio of ‘Soonicorns’ (startups with a good probability of becoming a Unicorn soon) and ‘Minicorns’ (good candidates for early stage investments) where KPCB could make a follow-on investment.
The 26 Unicorns in KPCB’s Portfolio
KPCB has made follow-on investments in 14 of the 26 unicorns in its portfolio – three of them Uber, Airbnb, and Snapchat are Decacorns. It funded three of them (Rong360, InMobi, and Gusto) at a Series A stage, and six of them at a Series B stage, showing its talent for spotting multi-billion dollar companies.
50 Soonicorns & 8 Minicorns in KPCB’s Portfolio
KPCB’s portfolio of bets cover areas as diverse as AI, 3D printing, electric vehicles, healthcare, alternative lending, biotech, crowdfunding, internet first brands, marketplaces, and enterprise applications. KPCB has made seven seed stage investments, 16 Series A stage investments, and 20 Series B stage investments in the soonicorn and minicorn companies listed below.
Notable Exits For KPCB
Founded in 1972, the firm is a pioneer in the venture capital space, with an enviable list of fabulous exits. Notable investments include Google and Amazon, AOL Inc, Sun Microsystems, Compaq, Genentech, and Netscape, among others. Here’s a partial list of notable exits for the firm.
Update: The Dollar Shave Club, listed under Sooonicorns has been acquired by Unilever for $1B shortly after we published this infograph.