Costanoa

What Costanoa does

Costanoa is an early-stage venture capital firm operating as lead investor in technology and healthcare companies. Between October 2025 and February 2026, the firm led four disclosed funding rounds committing aggregate round capital of approximately $68 million: a $33M Series B in payments-infrastructure company Basis Theory, an oversubscribed $13.5M seed in defense-technology firm Tenna Systems, a $15.5M round in pediatric mental-health provider Marble, and a $6M seed in GPU-portability startup Spectral Compute. Co-investors across these rounds include Viola Ventures, Khosla Ventures, Town Hall Ventures, Fresh Fund, 202 Ventures, and Crucible, indicating established syndication relationships with institutional and sector-focused venture firms.

The firm's investment thesis clusters around AI-adjacent themes. Basis Theory targets 'agentic commerce' payment infrastructure, Spectral Compute's SCALE platform enables CUDA-based applications to run across GPU architectures (addressing vendor lock-in for AI workloads), and Marble integrates AI tools and data systems into pediatric mental-health service delivery. Capital deployment skews toward seed and Series B stages with average disclosed round size near $17 million — consistent with lead-investor positioning in Series A and B financings across the AI-infrastructure, fintech, and digital health segments.

Note: the aggregated source data also references a separate 'Costanoa Coastal Lodge & Camp' — a family-owned Pescadero, California eco-adventure resort founded in 1992, managed under Highway West Vacations. That hospitality entity appears to be a distinct organization sharing the same name as the VC firm analyzed above.

Name

Costanoa

Legal name

Costanoa Coastal Lodge & Camp

Website

https://costanoa.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Costanoa is an early-stage venture capital firm leading investments in AI-infrastructure, payments, defense technology, and digital health startups, deploying approximately $68 million across four lead rounds between October 2025 and February 2026.

Ownership category

akta.pro rank

Product category

Eco-Adventure Resort and Lodge

NAICS

Hotels (except Casino Hotels) and Motels (72111), RV (Recreational Vehicle) Parks and Campgrounds (721211), Recreational and Vacation Camps (except Campgrounds) (721214)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)

akta.pro primary industry

Coastal & Marine Nature Lodges (THAGAIAH)

akta.pro secondary industries

Coastal & Island Eco-Resorts (THAAAHAG), Beachfront & Coastal Full-Service Hotels (THAGAAAI), Hotel & Resort Restaurants (THAFACAH), Resort Convention Hotels (THAGALAC)

Keywords

• Eco-adventure lodging
• Glamping accommodations
• Coastal resort
• Outdoor recreation
• Wedding event venues

Headquarters

HQ city

Pescadero

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Others

Revenue model

1. Lodging and accommodation rentals: Revenue generated from renting various accommodation types including lodge rooms, cabins, glamping tents, and RV sites to guests. The resort offers multiple accommodation tiers with varying amenities and price points.

Pricing tiers

Distribution channels6 records

Marketing channels5 records

Core offering

Costanoa operates a 48-acre eco-adventure resort on the Central California coast providing lodging, dining, recreation, and event services. The resort offers 149 accommodations across four tiers — luxury Lodge rooms, cabins, glamping tent bungalows, and RV/tent camping — alongside farm-to-table dining at Cascade Restaurant, the seasonal Pine Tent bar, a General Store, and event venues for weddings, corporate retreats, and meetings.

Product overview

Costanoa is a family-owned coastal California eco-adventure resort offering a diverse portfolio of accommodations and experiences. The property features 149 accommodations across four main lodging categories: 40 luxury Lodge rooms, 24+ Cabins (Douglas Fir, Coastal Studio, Coastal Deluxe, Coastal Cottage), 85+ Glamping Tent Bungalows (Lighthouse, Cypress Village, Pine Village, Family, Outer Pine), and 105 campground accommodations including RV sites with full hookups and pitch-your-own-tent areas. Dining options include the farm-to-table Cascade Restaurant, seasonal Pine Tent bar and eatery, and General Store. The resort offers versatile event spaces for weddings, corporate retreats, and meetings, plus extensive recreation activities spanning hiking, surfing, biking, wildlife viewing, and guided nature experiences. The property spans 48 acres connected to four state parks and 30,000 acres of hiking trails.

Differentiator

Problem solved

Functional benefit

Products and services

• Lodge Rooms Forty luxury rooms in the North and South Lodge buildings featuring king or double beds, private patios/decks, walk-in showers, mini refrigerators, and (in premium tiers) soaking tubs and fireplaces with views of Ohlone Ridge. Configurations include Lodge King, Lodge View King, Lodge Premium, Lodge Suite, and Lodge Double.
• Cabins Wood-frame cabins with mountain or ocean views overlooking Chalk Hill Mountains, Ohlone Ridge, or Franklin Point. Includes Douglas Fir Cabins (sleeps 2–4, fireplace, half bath), Coastal Deluxe (sleeps 7), Coastal Studio (sleeps 5), and Coastal Cottage (sleeps 4).
• Glamping Tent Bungalows Tent Bungalows that combine camping with creature comforts. Configurations include Lighthouse Bungalows (sleeps 5), Cypress Village (sleeps 2), Pine Village (sleeps 3), Family Bungalows (sleeps 6), and Outer Pine (sleeps 2). Features include heated blankets and fire pits at select locations.
• RV Sites & Tent Camping Eco-adventure campground with full RV hookups (water, electricity, sewer) at Seascape Village, Coast Village, Whales North & South, and Eucalyptus Camp sites. Pitch-your-own-tent sites at Lighthouse Grove and Ohlone Grove Tent Villages (limited to 6 people / 2 tents / 1 car per site). Pet-friendly with $25 fee.
• Cascade Restaurant Farm-to-table California coastal cuisine restaurant serving breakfast, lunch, and dinner with seasonal menus featuring local ingredients. Located on the resort with patio dining. Accepts reservations via OpenTable.
• Pine Tent Seasonal open-air bar and eatery located in the center of the property, serving wood-fired pizza, local craft beers, wine, and rotating food trucks. Also serves as a 5,000 SF event space.
• General Store On-site general store stocking organic foods, local beer and wine, board games, sundries, apparel, spa products, candles, maps, and guide books, supporting local artisans.
• Event Spaces Versatile indoor and outdoor event venues for weddings, corporate retreats, meetings, and group gatherings. Includes Redwood Oak Room (1,008 SF), Ranch House (1,050 SF), Eucalyptus Loft (500 SF), Cascade Lawn (7,500 SF), Pescadero Deck (1,200 SF), Pine Tent (5,000 SF), Lodge Lawn (10,800 SF), and Rossi Road Picnic Area (15,000 SF).
• Recreation Activities On-site and nearby activities including hiking trails, surfing, whale watching, elephant seal walks, mountain biking, yoga, tie dye, geode cracking, trivia nights, live music, stargazing with former NASA researchers, falconry presentations, and guided nature experiences. Pedal kart rentals bookable via FareHarbor.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Post Ranch Inn: Iconic ultra-luxury Big Sur cliffside resort with rooms, spa, and farm-to-table dining. Sets the upper-bound pricing ceiling on the California coastal eco-resort category and competes for the same high-end traveler, though lacks Costanoa's camping and RV tiers.
• Kampgrounds of America (KOA): Largest U.S. network of franchised campgrounds with RV sites, tent camping, and cabin accommodations. Costanoa is a KOA partner; serves as the dominant incumbent in the RV/camping category whose network and loyalty reach Costanoa leverages for distribution.

Emerging players

• Collective Retreats: Luxury retreat operator with locations in Montana, Texas, Idaho, and other destinations combining upscale tents and accommodations with curated nature and culinary experiences. Directly comparable experiential luxury positioning and event/corporate retreat capability.
• AutoCamp: Multi-location luxury Airstream glamping and cabin brand with properties in Yosemite, Russian River, Cape Cod, Joshua Tree, and Catskills. Comparable premium-glamping positioning and design-forward aesthetic, though broader geographic footprint than Costanoa.
• Under Canvas: Multi-location luxury glamping operator near national parks (Glacier, Yellowstone, Zion, Yosemite, etc.). Comparable safari-inspired tented accommodations targeting the same experience-seeking, nature-immersed traveler; serves as a national benchmark for the upscale glamping category.

Direct peers

• Treebones Resort: Coastal glamping and lodge property on the Big Sur coast of California, offering yurts, tipis, human nests, and lodge-style accommodations with similar eco-adventure positioning, ocean-meets-wilderness setting, and nature-based activity programming. Most directly comparable California coastal peer.
• Big Sur Campground & Cabins: Multi-tier coastal California property combining tent camping, RV sites, and cabins with adjacent river access. Comparable tiered accommodation mix (tent + RV + cabin) targeting the same family and group outdoor traveler on the Central California coast.
• Ventana Big Sur: Luxury eco-resort on the Big Sur coast offering lodge rooms, glamping-style accommodations, farm-to-table dining, spa, and curated nature experiences. Operates in the same coastal California eco-resort category with overlapping customer segments (leisure travelers, corporate retreats, weddings).
• Highway West Vacations sister properties: Parent company Highway West Vacations operates other boutique hotels, glamping resorts, and eco-friendly retreats under the same operating playbook (multi-tier lodging, nature programming, event spaces). These sibling properties are the closest operating-model peers and represent Costanoa's internal benchmark for replication.

Regional players

• Fernwood Resort: Big Sur, California property combining motel rooms, cabins, tent camping, RV park, glamping tents, and a restaurant/bar. Closest mid-market comparable on mix of accommodation tiers and on-site F&B, though smaller scale than Costanoa.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/costanoalodge
• Instagraminstagram.com/costanoalodge
• Xx.com/costanoalodge
• LinkedInlinkedin.com/company/costanoa-lodge-and-camp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Costanoa