137 Ventures
- Company typePrivate
- Founded2010
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
137 Ventures firmographics
Firmographics- Name
- 137 Ventures
- Legal name
- 137 Ventures Management, LLC
- Website
- https://137ventures.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
137 Ventures industry classification
Industry- Product category
- Venture Capital / Growth-Stage Investment
- NAICS
- Other Investment Pools and Funds (5259), Miscellaneous Financial Investment Activities (523999)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Late-Stage Venture Capital (Series C+) (FSANAAAC)
- akta.pro secondary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where 137 Ventures is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
137 Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Venture fund management & AUM-based fees: Core revenue generated by managing external capital across multiple institutional funds (the firm has now raised nine institutional funds alongside several dedicated investment strategies). AUM surpassed $15B and the firm closed over $700M in fresh capital across two new growth-stage funds in April 2026, providing a basis for recurring management fees on committed and invested capital.
- Dedicated founders & employees fund (secondary and tender participation): One of the two new funds raised in April 2026 is specifically dedicated to providing liquidity to founders and employees of the firm's portfolio companies, generating fee income and potential carry through secondary and tender participation.
- Carried interest on portfolio exits: Standard venture fund economics generate carried interest on profitable exits from growth-stage investments such as the SpaceX stake (held at over 1% of SpaceX, valued at approximately $20B at the $1.77T IPO valuation).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Institutional limited partner participation in private venture funds |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
137 Ventures product offering
Product offeringCore offering
137 Ventures is a multi-stage venture capital firm that invests patient, long-horizon growth capital into venture-backed technology companies, with a portfolio anchored by category-defining names such as SpaceX, Anduril, Impulse Space, Ramp, Hadrian, Applied Intuition, Physical Intelligence, and Cognition. The firm raises institutional limited partner capital across nine institutional funds and several dedicated investment strategies, including a fund for primary investments and tenders and a dedicated fund providing liquidity to founders and employees of portfolio companies. Across these structures, 137 Ventures has accumulated more than $15B in AUM and deployed over $1.7B into portfolio companies in the past 12 months.
Product overview
137 Ventures operates as a multi-stage investment firm offering two complementary growth-stage fund products as part of a unified investment platform: a Primary Growth-Stage Investment Fund for direct investments and tenders, and a Founder and Employee Liquidity Fund for providing liquidity to founders and employees of portfolio companies. Together, these products form the firm's core offering of partnering with generational technology companies and their founders.
Differentiator
Problem solved
Functional benefit
Products and services
- 137 Ventures Multi-Stage Investment Platform
- Primary Growth-Stage Investment Fund
- Founder and Employee Liquidity Fund
Quantifiable outcome
- 137 Ventures' SpaceX stake exceeds $19B at IPO, ranking among the ten greatest VC investments of all time by inflation-adjusted dollar gains
- +2 more outcomes
Companies that use 137 Ventures
Customer profileSegments3 records
Ideal customer profiles3 records
137 Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
137 Ventures partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Standish Management, LLCcoreStandish Management, LLC provides fund administration services supporting 137 Ventures' investor portal and broader fund operations. The firm is referenced on 137 Ventures' privacy policy as a third-party service provider for LP-facing privacy practices.
- Ark PES, Inc.coreArk PES, Inc. operates 137 Ventures' secure LP login portal at 137ventures.arkpes.com. The firm is identified as a third-party technology / data service provider on 137 Ventures' privacy policy.
- The Hill & Valley ForumminorChristian Garrett, 137 Ventures' investment partner, is a co-founder of The Hill & Valley Forum, one of the largest bipartisan gatherings of technology and government leaders in the United States. The forum provides 137 Ventures with ongoing visibility and access to U.S. policymakers.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
137 Ventures competitors and assessment
Company assessmentBroad incumbents
- Sequoia Capital: Pre-eminent multi-stage venture capital firm; co-invests with 137 Ventures in rounds such as Ramp. Operates a much broader, multi-strategy platform (seed through growth, public equities via Sequoia Heritage) and is a benchmark institutional LP destination, but overlaps with 137 Ventures on growth-stage deal flow.
- Andreessen Horowitz (a16z): Large multi-stage venture capital firm with a broad platform across bio, crypto, infrastructure, and growth. Co-invests with 137 Ventures (e.g., Hadrian). A16z's scale, dedicated operating partners, and policy/regulatory bench (a16z Crypto Policy, American Dynamism) make it a broad incumbent rather than a direct growth-stage specialist peer.
- Khosla Ventures: Multi-stage venture capital firm covering seed through growth. Co-invests with 137 Ventures in growth rounds (Ramp, Hadrian). Operates a broader venture-stage platform, making it a broad incumbent peer rather than a pure growth-stage specialist.
Direct peers
- Founders Fund: San Francisco-based multi-stage venture capital firm founded by Peter Thiel; 137 Ventures' founders (Fishner-Wolfson and Jacobson) both previously worked at Founders Fund, and the two firms co-invest across SpaceX, Impulse Space, Hadrian, and other portfolio companies. Founders Fund is the closest direct peer in thesis, stage mix, and network.
- Thrive Capital: Growth-stage technology investor known for concentrated positions in companies like Stripe, SpaceX, and OpenAI. Co-invests with 137 Ventures (Ramp secondaries) and shares a similar founder-friendly, long-duration, concentrated approach to growth-stage investing.
- General Catalyst: Multi-stage venture capital firm that co-invests with 137 Ventures in growth-stage rounds (e.g., Ramp secondary). Operates a similar institutional LP model with a strong push into late-stage/growth equity and recently introduced dedicated liquidity strategies for founders and employees, mirroring 137 Ventures' product expansion.
- Insight Partners: Large growth-stage technology investor with a concentrated portfolio of high-conviction growth and pre-IPO positions, including dedicated secondary/liquidity capabilities. Closely comparable to 137 Ventures on stage focus, AUM scale (>$15B+ funds), and willingness to anchor large primary rounds.
- Lux Capital: Multi-stage venture capital firm investing at the intersection of science, technology, and frontier industries. Frequent co-investor with 137 Ventures (SpaceX, Impulse Space, Hadrian) with a comparable growth-stage tilt toward deep tech, defense, and industrial innovation.
- Greenoaks Capital Management: Concentrated, long-duration, technology-focused growth investor best known for concentrated single-name positions in category-defining private companies. Closest peer to 137 Ventures on investment philosophy, holding-period tolerance, and willingness to anchor large primary and secondary rounds.
- Bond Capital: Concentrated, long-duration growth-stage technology investor founded by ex-Vista Equity Partners executives; known for taking large, patient positions in category leaders (e.g., SpaceX, Stripe). One of the closest comparables to 137 Ventures on thesis and structural approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
137 Ventures social profiles
Digital presence137 Ventures compliance and trust
Trust signalCompliance2 records
137 Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
137 Ventures leadership team
Management profileNumber of profiles
Profiles13 records
137 Ventures subsidiaries and ownership
Company hierarchySubsidiaries1 record
137 Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
137 Ventures M&A and investment
M&A and investmentM&A
Investments74 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 137 Ventures
What does 137 Ventures do?
137 Ventures is a multi-stage venture capital firm that invests patient, long-horizon growth capital into venture-backed technology companies, with a portfolio anchored by category-defining names such as SpaceX, Anduril, Impulse Space, Ramp, Hadrian, Applied Intuition, Physical Intelligence, and Cognition. The firm raises institutional limited partner capital across nine institutional funds and several dedicated investment strategies, including a fund for primary investments and tenders and a dedicated fund providing liquidity to founders and employees of portfolio companies. Across these structures, 137 Ventures has accumulated more than $15B in AUM and deployed over $1.7B into portfolio companies in the past 12 months.
Is 137 Ventures a public or private company?
137 Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was 137 Ventures founded?
137 Ventures was founded in 2010. It employs 11 to 50 people.
Where is 137 Ventures based?
137 Ventures is headquartered in San Francisco, United States, in the North America region.
How does 137 Ventures make money?
Three revenue lines are on record. Venture fund management & AUM-based fees are the primary driver. The others are dedicated founders & employees fund (secondary and tender participation) and carried interest on portfolio exits.
Who are 137 Ventures's main competitors?
Broad incumbents on record are Sequoia Capital, Andreessen Horowitz (a16z) and Khosla Ventures. Direct peers are Founders Fund, Thrive Capital, General Catalyst, Insight Partners, Lux Capital, Greenoaks Capital Management and Bond Capital.
Does 137 Ventures have an API?
No public API is recorded for 137 Ventures.
What industry is 137 Ventures in?
137 Ventures's product category is Venture Capital / Growth-Stage Investment. Its primary akta.pro industry code is FSANAAAC, Late-Stage Venture Capital (Series C+), with a secondary code of FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 5259 and its SIC code is 6282.