Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Illuminate Ventures

Investor type Micro VC
Founders Cindy Padnos


Unlock datapoints

Portfolio analytics



News & Media

Add fund to favorites
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 59
Average round size
The average size of a deal this fund participated in
Portfolio companies 31
Rounds per year 4.54
Lead investments 12
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 9
Key employees 2
Stages of investment
Early Stage Venture

Areas of investment

  • Analytics
  • Software
  • SaaS
  • Enterprise Software
  • Artificial Intelligence

In 2009 was created Illuminate Ventures, which is appeared as VC. The main office of represented VC is situated in the Oakland. The venture was found in North America in United States.

The current fund was established by Cindy Padnos. We also calculated 2 valuable employees in our database.

Opposing the other organizations, this Illuminate Ventures works on 14 percentage points less the average amount of lead investments. The fund is constantly included in 2-6 deals per year. Deals in the range of 10 - 50 millions dollars are the general things for fund. The average startup value when the investment from Illuminate Ventures is more than 1 billion dollars. The increased amount of exits for fund were in 2015. The high activity for fund was in 2014. Despite it in 2019 the fund had an activity. The real fund results show that this VC is 7 percentage points more often commits exit comparing to other companies.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Illuminate Ventures, startups are often financed by Rembrandt Venture Partners, Bay Partners, Altos Ventures. The meaningful sponsors for the fund in investment in the same round are Altos Ventures, Morado Ventures, Webb Investment Network. In the next rounds fund is usually obtained by Rembrandt Venture Partners, Altos Ventures, Relay Ventures.

For fund there is a match between the location of its establishment and the land of its numerous investments - United States. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight Coupang, CafeX Communications, Influitive. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most popular fund investment industries, there are Real Time, Analytics.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Illuminate Ventures:
Typical Co-investors
Illuminate Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Illuminate Ventures:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
AVICT Global Holdings -
Dashang Group China, Dalian Shi, Liaoning
Engineering Capital California, Palo Alto, United States
Fieldfisher England, London, United Kingdom
Growth Tech Ventures, Inc -
Indogen Capital Indonesia, Jakarta, Jakarta Raya
KuGou China, Guangdong Province, Huizhou
Mach37 Mclean, United States, Virginia
Massachusetts Green Energy Fund Brookline, Massachusetts, United States
MER Partners Inc. -
Norron AB Stockholm, Stockholm County, Sweden
Partners HealthCare Boston, Massachusetts, United States
SignalFire California, San Francisco, United States
SMS Japan Japan, Tokyo
Venture Angels -
WAVE Equity Partners Boston, Massachusetts, United States
Yihaihui Touzi China, Guangdong Province, Nanshan District
Yinshuo Capital China, Shanghai

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Artificial Intelligence
$4M21 Jun 2022 Bellevue, Washington, United States

Bid Ops

$26M14 Jun 2022 San Francisco, California, United States


Artificial Intelligence
Machine Learning
$14M08 Jun 2022 San Francisco, California, United States


Digital Marketing
Digital Signage
Information Technology
$30M16 Feb 2022 San Francisco, California, United States


Artificial Intelligence
Big Data
Health Care
Machine Learning
$7M10 Feb 2022 Palo Alto, California, United States


Artificial Intelligence
Machine Learning
$4M16 Dec 2021 San Francisco, California, United States


Artificial Intelligence
Machine Learning
15 Dec 2021 San Francisco, California, United States

Artificial Intelligence
$1M24 Jun 2021 Bellevue, Washington, United States


Content Delivery Network
Digital Marketing
Information Technology
$57M09 Jun 2021 San Francisco, California, United States
Contentstack Raises $57.5 Million in Oversubscribed Series B Round

– Contentstack announced it has raised $57.5m in series B financing.
– The oversubscribed round was led by Insight Partners, who also led the company’s series A round. Existing investors Illuminate Ventures and GingerBread Capital also participated, as did new investor Georgian. This brings Contentstack’s total amount raised to $89m.
– Contentstack will use the new capital to fuel international growth, expand its ecosystem of channel and technology partners and accelerate new technology innovation that has been incubating in Contentstack’s labs.


  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Illuminate Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: