Canaan Partners

1987

Founded

731

Investments

United States

Offices

Venture Fund

Investor Type

About

Canaan Partners is an early-stage venture capital firm that invests in visionary entrepreneurs with transformative ideas. Founded in 1987 by Harry Rein and Eric Young, the firm has a rich history of supporting innovative companies across the technology and healthcare sectors. With a diversified portfolio, Canaan has achieved over 200 successful exits, including 59 IPOs and 134 mergers and acquisitions.

The firm's investment strategy emphasizes a balanced approach, allocating approximately 60% of capital to technology investments and 40% to healthcare investments. Notable portfolio companies include LendingClub, The RealReal, and Turo. Canaan is also recognized for its commitment to diversity, with 40% of its investment team being women, significantly surpassing the industry average.

The firm operates from offices in Stamford, Connecticut; Menlo Park, California; San Francisco, California; and New York City, New York.

Portfolio Companies

LendingClub, The RealReal, Turo, Ebates, Instacart, Zoosk, PrimeSense, SuccessFactors, Cerexa, Chimerix

Gepgraphic Focus

United States, Israel

Key Differentiators

Balanced investment approach, High diversity in investment team, Global investment reach

Thypical Investment Size

$15–20 million

Total Funds Raised

$6.8 billion

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E-Commerce

Fashion

Artificial Intelligence & Machine Learning (AI/ML)

Robotics

Consumer

RetailTech

Menlo Park

Pre-Seed

Seed

Series A

Series B

Series C

Series D

United States