Heavybit

Heavybit

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Investment Firm

Overview

Heavybit is the leading investor in developer-first startups that turn visions into movements, products into platforms, and contributors into communities. Our partnership, team, and community of technical founders and 600+ domain experts have an unequaled track record of nurturing developer-first startups.

Highlights

Founded

2013

Industry

Enterprise Software

Employees

11-50

Investment

89

Lead Investment

12

Exits

21

Stages

Seed, Early Stage Venture, Late Stage Venture

Investor Type

Venture Capital

Location

United States, North America

Contact Information

Social

Profile Resume

Heavybit, established in 2013 and headquartered in United States, North America., specializes in Seed, Early Stage Venture, Late Stage Venture investments across Developer Tools, Software, Test and Measurement, DevOps, Internet, Financial Services, Venture Capital, Finance, Funding Platform, Marketplace. The organization boasts a portfolio of 89 investments, with an average round size of $22.8M and 21 successful exits. Their recent investments include LaunchDarkly, 500 Global, Uncork Capital, Cervin Ventures, Bloomberg Beta. The highest investment round they participated in was $124.3B. Among their most notable exits are LaunchDarkly and 500 Global. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Tom Drummond

Tom Drummond

Founder & Managing Director

imagePlace Jesse Robbins

Jesse Robbins

General Partner

imagePlace Jeremy LaTrasse

Jeremy LaTrasse

Investor

imagePlace Dana Oshiro

Dana Oshiro

General Partner

imagePlace Craig Kerstiens

Craig Kerstiens

Program Advisor

imagePlace Joseph Ruscio

Joseph Ruscio

General Partner

Investment portfolio

Heavybit has made 89 investments. Their most recent investment was on May 23, 2024, when Userfront raised $5.3M.

Heavybit has made 10 diversity investments. Their most recent diversity investment was on Sep 28, 2022, when Jeli.io raised $15.0M.

investments

89

Diversity investments

10

Lead investments

12

Number of exits

21

Investments

89

Annouced DateOrganization NameIndustryMoney Raised
Nov 02, 2022
Kosli Kosli
Software3.1M
Nov 14, 2023
Continue Continue
Software2.1M
Dec 05, 2023
Replicate Replicate
Information Technology40.0M
May 23, 2024
Userfront Userfront
Software5.3M

Exits

21

Funding Timeline

Funding rounds

89

Investors

13

Funds

4

Funding Rounds

89

Heavybit has raised 89 rounds. Their latest funding was raised on May 23, 2024 from a Seed Round - Userfront round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Nov 02, 2022
Seed Round - Kosli Seed Round - Kosli
-3.1M-
Nov 14, 2023
Pre Seed Round - Continue Pre Seed Round - Continue
-2.1M-
Dec 05, 2023
Series B - Replicate Series B - Replicate
-40.0M-
May 23, 2024
Seed Round - Userfront Seed Round - Userfront
-5.3M-

Investors

12

Heavybit is funded by 12 investor(s). REV and Accel Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

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