Xplorer Capital

Xplorer Capital is a Menlo Park-based early-stage venture capital firm established in 2014. The firm primarily focuses its investments on B2B technology companies that are poised to disrupt large markets. Their investment scope spans Seed through Series A rounds, targeting innovative solutions in areas such as enterprise software, artificial intelligence/machine learning, and cybersecurity, demonstrating a clear strategic focus on foundational technologies for the modern enterprise.

Xplorer Capital is known for its hands-on approach and often takes a lead investor role in its portfolio companies. Their typical initial check sizes range from $1 million to $5 million, reflecting their commitment to supporting companies during their critical early growth phases. This investment strategy allows them to partner closely with founders, providing not just capital but also strategic guidance and operational support to help scale their ventures.

The firm has successfully raised two funds, Xplorer Capital Fund I and Xplorer Capital Fund II, each closing at $50 million, bringing their total assets under management to $100 million. With over 35 investments to date, Xplorer Capital has built a robust portfolio of high-growth B2B companies. Notable companies within their portfolio include industry leaders like Instabase, Vercel, Placer.ai, Gong, Dataiku, and Snyk, showcasing their ability to identify and back promising ventures that have achieved significant market traction. The firm has also seen at least 6 exits from its portfolio, indicating successful returns for its limited partners.