Companies Backed by USV (Union Square Ventures)
8 companies in USV (Union Square Ventures)'s investment portfolio.
Back to USV (Union Square Ventures) profileInvestment Thesis
“Invests in large networks of engaged users, often in underestimated and under-served markets, with a focus on decentralized systems and protocols.”
Portfolio Companies (5)
Coinbase
Coinbase Global (Nasdaq: COIN) runs the largest US cryptocurrency exchange and a bitcoin custody business. It went public by direct listing in April 2021 and joined the S&P 500 in May 2025.
Duolingo
Duolingo, Inc. is an American educational technology company that produces learning apps and provides language certification.
Etsy
Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies.
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.
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.
Other Investments (3)
Portfolio Analysis
USV (Union Square Ventures) has built a portfolio of 8 companies across 3 sectors, including Consumer, DevTools, Web3. Of these investments, 3 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 stage, showing USV (Union Square Ventures)'s approach to supporting companies at a focused stage of development.
Frequently Asked Questions
How many companies has USV (Union Square Ventures) invested in?
USV (Union Square Ventures) has invested in 8+ companies across 3 different sectors. Of these, 3 have achieved successful exits through acquisitions or IPOs.
What sectors does USV (Union Square Ventures) invest in?
USV (Union Square Ventures)'s portfolio spans Consumer, DevTools, Web3. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does USV (Union Square Ventures) invest at?
USV (Union Square Ventures) invests across the IPO stage. Their portfolio includes companies at various points in their growth journey.
How many exits has USV (Union Square Ventures) had?
USV (Union Square Ventures) has had 3 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.