Investment Thesis
“Focuses on products that shift power to end users from incumbents, backing consumer and enterprise companies that disrupt traditional industries.”
Portfolio Companies (8)
Airtable
Airtable is the San Francisco spreadsheet and database platform founded by Howie Liu, Andrew Ofstad and Emmett Nicholas. Bending Spoons acquired it for $1.28 billion in cash, closing in September 2026.
ClassDojo
ClassDojo is a school communication app connecting K-8 teachers, students and families, with paid family subscriptions. Privately held, it was valued at $1.25 billion in a Tencent-led round.
DoorDash
DoorDash, Inc. is an American company operating online food ordering and food delivery.
Dropbox
Dropbox is a file hosting service operated by the American company Dropbox, Inc., headquartered in San Francisco, California, that offers cloud storage, file synchronization, personal cloud, and client software.
Niantic
Niantic, now Scopely Explore, built the augmented reality games Ingress and Pokémon GO. Scopely bought its games business for $3.5 billion in May 2025, and the mapping unit became Niantic Spatial.
Patreon
Patreon runs a membership platform that lets creators sell subscriptions and digital products to fans. Founded in 2013 in San Francisco, it is private and was valued at $4 billion in 2021.
Twitter, now X, is the social network founded in 2006 that went public on the NYSE in 2013 and was taken private by Elon Musk in October 2022 for about $44 billion.
Zendesk
Zendesk makes customer service and support software. Founded in Copenhagen in 2007, it went public on the NYSE in 2014 and was taken private by a Hellman & Friedman and Permira led group in 2022.
Portfolio Analysis
CRV has built a portfolio of 8 companies across 4 sectors, including Consumer, EdTech, Gaming and 1 others. Of these investments, 4 have achieved successful exits through acquisitions or IPOs, demonstrating the firm's track record of backing companies to meaningful outcomes.
The portfolio reflects investments across the IPO, Series D+ stages, showing CRV's approach to supporting companies at multiple points in their growth journey.
Frequently Asked Questions
How many companies has CRV invested in?
CRV has invested in 8+ companies across 4 different sectors. Of these, 4 have achieved successful exits through acquisitions or IPOs.
What sectors does CRV invest in?
CRV's portfolio spans Consumer, EdTech, Gaming, SaaS. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does CRV invest at?
CRV invests across the IPO, Series D+ stages. Their portfolio includes companies at various points in their growth journey.
How many exits has CRV had?
CRV has had 4 portfolio companies achieve exits through acquisitions or IPOs. This track record of exits demonstrates the firm's ability to identify and support companies through successful outcomes.