Investment Thesis
“Early-stage investor in enterprise infrastructure working hands-on from day 0 with developer-focused companies.”
Portfolio Companies (3)
LaunchDarkly
LaunchDarkly is an Oakland feature management and release control platform for software teams. It is private, passed $200 million in ARR in August 2026, and was last valued at $3 billion in 2021.
PagerDuty
PagerDuty sells incident management and operations software that alerts engineering teams to outages. Founded in Toronto in 2009, it listed on the NYSE as PD in April 2019.
Twilio
Twilio is a San Francisco cloud communications company whose APIs let developers add messaging, voice, video and email to software. It listed on the NYSE as TWLO in June 2016.
Other Investments (4)
Portfolio Analysis
Heavybit has built a portfolio of 7 companies across 2 sectors, including DevTools, Enterprise. Of these investments, 2 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 Heavybit's approach to supporting companies at multiple points in their growth journey.
Frequently Asked Questions
How many companies has Heavybit invested in?
Heavybit has invested in 7+ companies across 2 different sectors. Of these, 2 have achieved successful exits through acquisitions or IPOs.
What sectors does Heavybit invest in?
Heavybit's portfolio spans DevTools, Enterprise. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does Heavybit invest at?
Heavybit invests across the IPO, Series D+ stages. Their portfolio includes companies at various points in their growth journey.
How many exits has Heavybit had?
Heavybit has had 2 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.