CRV
UnclaimedAt a Glance
- Check Size
- $500K – $20M
- Stage
- Pre-Seed, Seed, Series A
- AUM
- $4.3B+
- Sectors
- Enterprise, Consumer
- Founded
- 1970
- HQ
- Palo Alto, CA
About CRV
CRV is a venture capital firm based in Palo Alto, CA founded in 1970. CRV is a venture capital firm that invests in early-stage enterprise and consumer startups. Since 1970, the firm has invested in more than 600 startups at their most crucial stages, including DoorDash, Airtable, Patreon, Drift, and Iterable. The firm focuses on Pre-Seed, Seed, Series A investments across sectors including Enterprise, Consumer. The firm manages $2.0B in assets under management. Notable portfolio companies include Twitter, Zendesk, DoorDash, ClassDojo, Patreon, Niantic, Airtable and Dropbox. Focuses on products that shift power to end users from incumbents, backing consumer and enterprise companies that disrupt traditional industries.
Investment Thesis
“Focuses on products that shift power to end users from incumbents, backing consumer and enterprise companies that disrupt traditional industries.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Key Team (13)
Anna Khan
General Partner
Izhar Armony
General Partner
James Green
General Partner
Fund History (5 funds)
| Fund | Vintage | Size | Status |
|---|---|---|---|
| — | $500M | — | |
| — | $430M | — | |
| — | $375M | — | |
| — | $275M | — | |
| — | $200M | — |
Fund History
CRV's fund history runs through two naming eras in SEC filings. Charles River Partnership XIV closed $318.5 million in March 2009, XV $375 million in March 2012, and XVI $393 million in July 2014, all filed from Massachusetts. After the rebrand the series continued as CRV XVII, which opened a $450 million offering in July 2017 and added a $60 million vehicle in November 2021; CRV XVIII took $600 million in July 2020, filed from Palo Alto; CRV XIX followed in 2022; and CRV XX opened a $750 million offering in August 2025 with a first sale of 18 July. Separate CRV Select Fund I and Select Fund II, the latter targeting $500 million in January 2022, hold later-stage positions, alongside CRV Growth I and a set of Charles River Institutional and Realty funds. The firm reports more than $4.3 billion raised across eighteen funds and returned $275 million to LPs in 2024.
SEC Fund Filings
- Vehicles filed, last 24 months
- 2
- Latest filing
CRV filed a Form D for 2 fund vehicles between Sep 26, 2024 and Sep 25, 2026.
| Fund vehicle | Source |
|---|---|
| CRV XIX-C, LP | SEC Form D, filed |
| CRV XX, LP | SEC Form D, filed |
A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.
Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to CRV by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.
Investment Timeline (11 deals)
2023
Gamma
Series A$20M2022
Vise
Series B$45M2021
Clipboard Health
Series B$50M2020
ClassDojo
Series C$35M2019
DoorDash
2018
PagerDuty
$90M2017
Bird
Series A$15M2016
Niantic
Series A$20M2015
Zendesk
Growth2014
Dropbox
Series C2013
Yammer
Series BTeam (11)
Brittany Walker
Principal, CRV
Devdutt Yellurkar
General Partner, CRV, Propeller VC
George Zachary
General Partner, CRV
Izhar Armony
General Partner, CRV
James Green
General Partner, CRV
Jon Auerbach
General Partner, CRV
Kristin Baker Spohn
General Partner, CRV
Max Gazor
General Partner, CRV
Murat Bicer
General Partner, CRV
Reid Christian
General Partner, CRV
Rick Burnes
Founder and General Partner, CRV
Frequently Asked Questions
What stage does CRV invest at?
CRV primarily invests at the Pre-Seed, Seed, Series A stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is CRV located?
CRV is headquartered in Palo Alto, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does CRV focus on?
CRV focuses on investments in Enterprise, Consumer. Their portfolio reflects deep expertise and networks within these sectors.
What is CRV's typical check size?
CRV's typical investment check size ranges from $500K to $20M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does CRV have under management?
CRV manages approximately $4.3B+ in assets under management (AUM) across their funds.
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