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Tao Capital Partners

North America, California, United States, San Francisco

Description

Tao Capital Partners is a San Francisco-based multi-stage investment firm established by Nicholas Pritzker and his son Michael Pritzker. The firm operates as a family office, deploying capital across a diverse range of sectors, including technology, transportation, healthcare, education, and food businesses. Their investment philosophy centers on identifying and backing disruptive companies that are poised for significant growth and have a positive impact, often with a strong emphasis on sustainability and innovation. This broad mandate allows them to engage with companies from their nascent stages through to mature growth rounds.

The firm is renowned for its early and strategic investments in some of the most transformative companies of the past decade. Their impressive portfolio includes stakes in industry giants such as Tesla, Uber, SpaceX, Airbnb, Palantir, and Impossible Foods, showcasing their foresight in identifying market-leading innovators. Tao Capital Partners is known for its patient capital approach, often supporting companies over long horizons. They are particularly interested in businesses that leverage technology to create scalable solutions, whether in clean energy, advanced transportation, or consumer-facing platforms. Their multi-stage investment strategy allows them to be flexible, participating in seed rounds, early-stage ventures, and significant growth equity financings.

Tao Capital Partners continues to be an active investor in the venture landscape. Their latest fund, Tao Capital Partners IV, successfully closed in 2021 with $300 million in committed capital, underscoring their continued capacity for substantial investments. According to PitchBook data, the firm has made over 120 investments to date, demonstrating a robust and diversified investment pace. While they participate across stages, their typical first check sizes can range from early-stage commitments of a few million dollars to larger growth equity investments that can extend into the tens of millions, reflecting their adaptable investment mandate and the scale of their capital.

Investor Profile

Tao Capital Partners has backed more than 94 startups, with 3 new investments in the last 12 months alone. The firm has led 14 rounds, about 15% of its total and boasts 18 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Kenya, Spain.
  • Strong thematic focus on Biotechnology, Health Care, Manufacturing.
  • Typical check size: $1M – $25M.

Stage Focus

  • Series B (31%)
  • Series C (18%)
  • Series A (17%)
  • Series D (13%)
  • Series Unknown (7%)
  • Series E (7%)
  • Seed (2%)
  • Series F (1%)
  • Corporate Round (1%)
  • Series H (1%)

Country Focus

  • United States (96%)
  • Kenya (2%)
  • Spain (1%)
  • China (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Manufacturing
  • Software
  • Food And Beverage
  • Artificial Intelligence (Ai)
  • Saas
  • Machine Learning
  • Medical
  • Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Tao Capital Partners frequently co-invest with?

Prelude Ventures
North America, California, United States, San Francisco
Co-Investments: 11
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 10
Northpond Ventures
North America, Maryland, United States, Bethesda
Co-Investments: 8
Valor Equity Partners
North America, Illinois, United States, Chicago
Co-Investments: 6
DNS Capital
North America, Illinois, United States, Chicago
Co-Investments: 7
S2G Ventures
North America, Illinois, United States, Chicago
Co-Investments: 7
General Motors Ventures
North America, Michigan, United States, Warren
Co-Investments: 6
GreatPoint Ventures
North America, Michigan, United States, New Haven
Co-Investments: 10
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 6
ARCH Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 11

Which angels does Tao Capital Partners often collaborate with?

David Barber
North America, New York, United States
Shared Deals: 2
JM
Europe, Gloucestershire, United Kingdom, Berkeley
Shared Deals: 2
KP
North America, California, United States, Los Angeles
Shared Deals: 2
JS
North America, California, United States, Santa Barbara
Shared Deals: 1
JN
North America, California, United States, Los Angeles
Shared Deals: 2
MB
North America, California, United States, San Francisco
Shared Deals: 2
BG
North America, Washington, United States, Seattle
Shared Deals: 3
NJ
North America, California, United States, Los Angeles
Shared Deals: 2
RM
North America, California, United States, Menlo Park
Shared Deals: 2
JD
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Tao Capital Partners?

Atlas Data Storage

South San Francisco, California, United States

Atlas Data Storage is an information technology company focused on data storage solutions.

Data ManagementDatabaseInformation Technology
SeedMay 5, 2025
Amount Raised: $155,000,000
AMP

Louisville, Colorado, United States

AMP utilizes AI-powered sortation to enhance recycling efficiency and reduce costs.

Artificial Intelligence (AI)Machine LearningRecyclingRoboticsWaste Management
Series DDec 5, 2024
Amount Raised: $91,000,000
Vizgen

Cambridge, Massachusetts, United States

Vizgen is a biotech company that develops solutions for next-generation spatially resolved, single-cell transcriptomics.

BiotechnologyHealth CareLife ScienceMedical
Series DOct 9, 2024
Truvian Sciences

San Diego, California, United States

Truvian Sciences develops an automated benchtop system to provide lab-accurate blood testing results.

BiotechnologyHealth CareHealth DiagnosticsLife ScienceMedical Device
Series UnknownJul 17, 2024
Amount Raised: $74,000,000
Quantum Circuits

New Haven, Connecticut, United States

Quantum Circuits is developing and commercializing quantum computing technology that utilizes superconducting quantum circuits.

ComputerManufacturingQuantum ComputingSoftware
Series BMay 31, 2024
Amount Raised: $60,000,000
Iambic Therapeutics

San Diego, California, United States

Iambic Therapeutics is disrupting the therapeutics landscape with its unique AI-driven drug-discovery platform.

Artificial Intelligence (AI)Machine LearningSoftwareTherapeutics
Series BApr 24, 2024
Amount Raised: $50,000,000
Elephas

Madison, Wisconsin, United States

Elephas harnesses latest advances in cancer biology, multimodal microscopy, and artificial intelligence to empower clinical decision-making.

Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical
Series CNov 30, 2023
Amount Raised: $55,000,000
RapidDeploy

Austin, Texas, United States

The leading cloud-native platform for public safety, delivering next gen solutions and mission-critical data for emergency response.

AnalyticsCloud Data ServicesProductivity ToolsPublic SafetySaaSSoftware
Series CJan 25, 2023
Amount Raised: $34,000,000
Apnimed

Cambridge, Massachusetts, United States

Apnimed is a clinical-stage company dedicated to the discovery of novel pharmacologic therapies for sleep apnea and related disorders.

Health CareMedicalMedical Device
Series CDec 23, 2022
Amount Raised: $79,749,950
JUUL

San Francisco, California, United States

JUUL is a manufacturer and distributor of electronic nicotine vaporizers.

B2CConsumer ElectronicsConsumer Goods
Series UnknownNov 10, 2022