CANAAN PARTNERS
CANAAN PARTNERS is a Seed, Series A and Series C+ fund in the US and Israel writing $1M–$20M checks into AI, Enterprise, Fintech, Healthcare, Security, frontier-tech, consumer-internet, e-commerce, biopharmaceuticals, medical-devices, diagnostics, oncology, immunology, neurology, cardiology and respiratory-health.
- Stages
- Seed, Series A, Series C+
- Sectors
- AI, Enterprise, Fintech, Healthcare, Security, frontier-tech, consumer-internet, e-commerce, biopharmaceuticals, medical-devices, diagnostics, oncology, immunology, neurology, cardiology, respiratory-health
- Check size
- $1M–$20M
- Invests in
- US-wide, Israel
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1987
- Assets under management
- $6.8B
- Website
- canaan.com
Thesis
Canaan Partners is a venture capital firm founded in 1987, with approximately $6.8 billion in AUM as of April 2023. They focus on investing in visionary founders with transformative ideas, maintaining a strategic 60/40 split between technology and healthcare/biopharma. In technology, they invest in areas like cybersecurity, AI/ML infrastructure, frontier tech, fintech, enterprise software, consumer internet, and e-commerce. In healthcare, their focus includes biopharmaceuticals, digital health, medical devices, diagnostics, oncology, immunology, neurology, cardiology, and respiratory health, with an emphasis on new modalities and precision approaches. Canaan primarily targets early-stage companies from seed through Series A, often being the first institutional partner. While headquartered in the US with offices in Menlo Park, San Francisco, New York City, and Stamford, CT, they also have a presence in Israel, investing there since 2014. Typical check sizes range from $1 million to $20 million, with seed investments between $1 million and $5 million, and Series A follow-on investments from $5 million to $20 million.
Common questions
Does CANAAN PARTNERS invest at the Seed stage?
Yes. CANAAN PARTNERS lists Seed, Series A and Series C+ among the stages it invests in.
What check size does CANAAN PARTNERS write?
CANAAN PARTNERS writes $1M–$20M checks.
Where does CANAAN PARTNERS invest?
CANAAN PARTNERS invests in the US and Israel.