Canaan Partners is an early-stage venture capital firm founded in 1987 and based in San Francisco, California, with additional offices in Westport, Connecticut, Israel, and India. The firm specializes in investing in entrepreneurs with innovative ideas across various sectors, primarily focusing on technology and healthcare. Canaan manages over $5 billion in capital and has invested in more than 250 companies, achieving over 190 exits. Its investment strategy encompasses a range of sectors, including fintech, enterprise/cloud, digital health, biopharma, medical technology, and frontier tech, with funding capabilities from $1 million to $20 million. The firm is recognized for its experienced team of investment professionals who leverage their extensive backgrounds in technology, infrastructure, communications, and life sciences to support promising ventures at various stages of development.
Bzaar is an online B2B cross-border marketplace that facilitates the purchase of a wide range of products, including home improvements, fashion, cookware, and bakeware, specifically for small businesses. Founded in 2020 and headquartered in San Francisco, California, Bzaar connects retailers with niche, artisanal products from value-based brands primarily located in South and South-East Asia. The platform offers small and medium-sized businesses a transparent and predictable buying experience, enabling them to access unique items that are typically unavailable through conventional big-box retail chains.
Roman
Series B in 2019
Roman is a men's health company that offers online diagnosis and discreet shipping of safe erectile dysfunctional medication. The company was launched in 2017 as a vertical of Ro, a healthcare technology company.
Coterie
Pre Seed Round in 2019
Coterie offers a curated selection of elevated party supplies. Customers can find everything they need to throw a memorable party with Coterie's curated collections. Coterie's sells everything from party sets to glitter candles. Customers can find exactly what they want by filtering by occasion, color, or product type.
Grokstyle
Seed Round in 2017
Grokstyle develops an app that automatically identifies furniture and home decor from just about any picture or angle. Partner with us to reimagine the consumer experience — visual search, inspiration, and on-point recommendations.
Instacart
Series B in 2014
Instacart is a prominent grocery delivery service operating in the United States and Canada, facilitating rapid deliveries of groceries and home essentials, often within an hour. The company partners with a variety of local and national grocers, including well-known brands such as Safeway, Whole Foods, and Costco, allowing customers to select from over 500,000 items and combine orders from multiple stores. Instacart employs a network of approximately 600,000 independent contractors who pick and deliver items directly to customers' homes. In addition to its delivery services, Instacart generates revenue by charging fees based on order value and by offering advertising opportunities primarily to consumer-packaged goods companies. With nearly 8 million monthly active users, Instacart has established itself as a leading platform in the grocery delivery market.
Instacart
Series A in 2013
Instacart is a prominent grocery delivery service operating in the United States and Canada, facilitating rapid deliveries of groceries and home essentials, often within an hour. The company partners with a variety of local and national grocers, including well-known brands such as Safeway, Whole Foods, and Costco, allowing customers to select from over 500,000 items and combine orders from multiple stores. Instacart employs a network of approximately 600,000 independent contractors who pick and deliver items directly to customers' homes. In addition to its delivery services, Instacart generates revenue by charging fees based on order value and by offering advertising opportunities primarily to consumer-packaged goods companies. With nearly 8 million monthly active users, Instacart has established itself as a leading platform in the grocery delivery market.
Instacart
Seed Round in 2012
Instacart is a prominent grocery delivery service operating in the United States and Canada, facilitating rapid deliveries of groceries and home essentials, often within an hour. The company partners with a variety of local and national grocers, including well-known brands such as Safeway, Whole Foods, and Costco, allowing customers to select from over 500,000 items and combine orders from multiple stores. Instacart employs a network of approximately 600,000 independent contractors who pick and deliver items directly to customers' homes. In addition to its delivery services, Instacart generates revenue by charging fees based on order value and by offering advertising opportunities primarily to consumer-packaged goods companies. With nearly 8 million monthly active users, Instacart has established itself as a leading platform in the grocery delivery market.
Performance Marketing Brands
Private Equity Round in 2012
Performance Marketing Brands, Inc. (PMB) owns and operates the world's most rewarding shopping programs. Through its family of distinct websites and reward programs, PMB users can get a great deal and earn money back every time they shop.
eBillme
Venture Round in 2008
eBillme™ is the most secure way to pay online and the only online payment solution that extends the convenience of online banking to the merchant’s checkout process. The service enhances security for online shoppers, and enables merchants to increase sales while reducing transaction costs. Consumers can shop online and pay for their purchases at their bank, credit union, or bill pay portal using the security and convenience of online banking or by paying the bill at over 75,000 walk-in locations. eBillme is available at ober 800+ online retailers including Sears, Kmart, TigerDirect, ShoeBuy, and more. For more information, please visit www.eBillme.com.
Paragon Lake
Venture Round in 2008
Paragon Lake has changed jewelry buying experiences by providing retailers and consumers a way to design one of a kind jewelry online.
TechTribe
Series A in 2007
TechTribe is a digital products development company that provides digital consulting, cms selection, IT roadmap, full-stack web development, and business portal services.
Home-Link Services
Series B in 2000
Home-Link uniquely brings together your real estate broker, a Personal Move Coordinator, leading national product and service companies and the power of the Internet to make home buying, home selling and home ownership simple, convenient and more valuable.
Zairmail
Series B in 1999
Zairmail was founded September 9, 1999 (9/9/99) in Portland, Oregon, by three technology executives with extensive experience in technology and telecommunications. The company was jointly funded by Hewlett Packard and Draper Fisher Jurvetson with the primary goal of sending a (postal) letter as fast and easy as sending an email message. Zairmail has remained true to its core mission since that time. The company has created a completely automated mailing system for postcards, letters, snap-packs, self-mailers, and other popular formats. Campaigns are launched online in less than 60 seconds: just upload a document, upload a list, approve an online proof, and Zairmail takes it from there. Zairmail routes the direct mail campaign digitally to the optimal production facility based on mail destination and equipment required. The mail is then printed, folded, inserted, addressed, and mailed — all on high-speed commercial production equipment. Zairmail also uses an intelligent mail barcode (IMB) to track mail all the way to the point of final delivery. Based on its long-standing partnership with Microsoft — Zairmail has been a certified Microsoft partner for well over a decade — Zairmail also supports features unique in the industry such as a native Microsoft Word mail-merge.
Commerce One
Series C in 1999
Commerce One offers e-commerce and supplier relationship management solutions, originally founded as DistriVision in 1997 before rebranding later that same year. The company achieved significant success following its initial public offering in 1999, but faced a steep decline due to the dot-com crash in 2000. This downturn led to Commerce One filing for bankruptcy protection in 2004. In 2006, the company was acquired by Perfect Commerce. Its primary focus has been on developing a B2B e-commerce platform that facilitates connections between businesses and their suppliers.
Commerce One
Series B in 1997
Commerce One offers e-commerce and supplier relationship management solutions, originally founded as DistriVision in 1997 before rebranding later that same year. The company achieved significant success following its initial public offering in 1999, but faced a steep decline due to the dot-com crash in 2000. This downturn led to Commerce One filing for bankruptcy protection in 2004. In 2006, the company was acquired by Perfect Commerce. Its primary focus has been on developing a B2B e-commerce platform that facilitates connections between businesses and their suppliers.
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