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Canaan Partners

Institutional venture firmSEC venture capital fund adviser· Stamford, ConnecticutCANAAN.COM

Canaan is an early-stage venture capital firm that invests in visionaries with transformative ideas.

In the firm's own words, from its website.

Reported fund assets
$5.5B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
2
Investment team
16
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

15 additional team members, 37 additional co-investors and affiliates, 215 additional investments, funds and LPs, 75 events, 3 verified contacts (2 general firm email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 2 companies
    new in 12 months

    2 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 7 Aug 2026 ($3M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →

People to know

View all people
  • Manager Of Canaan Partners Xiii Llc
    Why: Named with investment responsibility
    No route on file yet
  • Manager Of Canaan Partners Viii Llc
    Why: Named with investment responsibility
    No route on file yet
  • Manager Of Canaan Xiii Healthcare Fund Llc
    Why: Named with investment responsibility
    No route on file yet

Relationship network

271 connected entities45 observed rounds16 repeat counterparties3 dated rounds shown here, 2016 to 2025

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Canaan Partners: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Canaan Partners

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

175 companies on record, 2 new in 12 months

Investments on record

175 companies, 78 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Abyrxportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Aceissportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Acesion Pharma ApSportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website

Stated thesis versus observed behaviour

230 observed deals
Stated (the firm’s website)
Sectors
ai, biotech, deep tech, cybersecurity, quantum
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Industries, each company once
Healthcare services (4)Life sciences (4)Hardware and deep tech, Software or Tech-enabled and IT services (3)Energy, utilities and infrastructure (1)
lead rate 0%follow-on rate 44%new companies, 12 months 2

Team

16 current, 3 departed

Decision makers

who to call first, and why; then everyone else by function
  • Richard Boyle · Manager Of Canaan Partners Xiii Llc
    Why this person: Named with investment responsibility
  • Stephen Bloch · Manager Of Canaan Partners Viii Llc
    Why this person: Named with investment responsibility
  • Tim Shannon · Manager Of Canaan Xiii Healthcare Fund Llc
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

16 current, 3 departed
  • Manager Of Canaan Xiii Healthcare Fund Llc · 17 deals attributed
  • Manager Of Canaan Partners Xiii Llc · 10 deals attributed
  • Manager Of Canaan Partners Viii Llc · 9 deals attributed
5 departed (kept with end dates)
  • Deepak Kamra · President · Jan 1, 2015 to Mar 30, 2018 Inference
  • Daniel Ciporin · Manager Of Canaan Partners Xi Llc · Jul 1, 2017 to Mar 30, 2021 Inference
  • Eric Young · Manager Of Canaan Partners Viii Llc · Nov 1, 2007 to Mar 31, 2022 Inference

Contacts

2 general firm email, 1 firm phone

2 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

31 vehicles, 2 LPs disclosed

Funds and vehicles

31 reported, 11 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Canaan Xiii LPFund2024 adv first reportedEarly deployment$631M
Mar 31, 2026
38$0Jan 4, 2023
Canaan Gold Coast L.P.Fund2024 adv first reportedEarly deployment$332M
Mar 31, 2026
2$135MJul 22, 2024
Canaan Xiii Healthcare Fund L.P.Fund2024 adv first reportedEarly deployment$102M
Mar 31, 2026
18$0Apr 2, 2024

Limited partners

2 LPs, 7 disclosed commitments

Known LPs and allocators

15 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMCanaan Gold Coast L.P.$235M
committed
reported as of Dec 31, 2025Fact Pension disclosure
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMCanaan Xiii LP$205M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Alaska Permanent Fund CorporationSOVEREIGN LINKED US ALLOCATORCanaan Xi LP$38.1M
committed
reported as of Dec 31, 2025Fact Pension disclosure

Relationships across DFX

115 co-investors · on 2 other DFX graphs

Co-investors

115 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 44 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Canaan Partners is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Canaan Partners sits on 44 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 44 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

80 dated events, 80 observations from 3 sources

Timeline

80 dated events
  1. seen on or beforeSep 15, 2026
    Axis Security: acquired by HP Enterprise on or before 2026-09-15 (no date published), per Canaan Partners's portfolio page
    AcquiredExitsFactAxis SecurityFirm website
  2. seen on or beforeSep 15, 2026
    Actio Biosciences, Inc.: acquired by Jazz Pharmaceuticals on or before 2026-09-15 (no date published), per Canaan Partners's portfolio page
  3. seen on or beforeSep 15, 2026
    Ambra Health: acquired by Intelerad on or before 2026-09-15 (no date published), per Canaan Partners's portfolio page
    AcquiredExitsFactAmbra HealthFirm website
  4. seen on or beforeSep 15, 2026
    Aim Security: acquired by Cato Networks on or before 2026-09-15 (no date published), per Canaan Partners's portfolio page
    AcquiredExitsFactAim SecurityFirm website
  5. seen on or beforeSep 15, 2026
    Halda Therapeutics, LLC: acquired by Johnson & Johnson on or before 2026-09-15 (no date published), per Canaan Partners's portfolio page

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 29 private fundsShow
Headquarters
Stamford, CTadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
CANAAN.COM
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 31, 2026
Private funds reported
29 (29 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$5.5Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Canaan Management, Inc. (Member), owns 75% or more; Canaan Partners Xiii LLC (Manager), owns under 5%; Canaan Management, Inc. (Manager Of Canaan Wh Gp Llc), owns under 5%

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $5.5B across 31 vehicles
  2. Sep 15, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $5.6B across 30 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $5.1B across 27 vehicles

Evidence

81 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserJun 11, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserJun 11, 2024FactForm ADV
First Form ADV filing2012-03-30Mar 31, 2026FactForm ADV
First Form ADV filing2012-03-30Jun 11, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-06-11Jun 11, 2024FactForm ADV
SEC statusMar 31, 2026FactForm ADV
SEC status effective2012-03-30Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Jun 11, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneJun 11, 2024FactForm ADV
Contact page urlOct 1, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersStamford, CTMar 31, 2026FactForm ADV
HeadquartersStamford, CTJun 11, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressJun 11, 2024FactForm ADV
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyJun 11, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported29Mar 31, 2026FactForm ADV
Private funds reported29Mar 31, 2026FactForm ADV
Private funds reported30Jun 11, 2024FactForm ADV
Private fund gross assets (reported)$5.5BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$5.5BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$5.6BJun 11, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated sectorsAI, biotech, deep tech, cybersecurity, quantum
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsAI, biotech, deep tech, cybersecurity, quantum
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, biotech, deep tech, cybersecurity, quantum
“sector words on the home page”
Sep 15, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported29Mar 31, 2026FactForm ADV
Venture funds reported29Mar 31, 2026FactForm ADV
Venture funds reported30Jun 11, 2024FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteJun 11, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
89
high
Active deployment
40
elevated
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $5.5B across 31 vehicles

The inputs behind each score
importance
gav: 0.83 · funds: 1 · people: 1 · investments: 0.88 · co investors: 0.83
active deployment
investments 12m: 0.38 · fund raising 18m: 0 · people joined 12m: 0.33 · vintage within 3y: 1 · latest investment at: 2026-09-09
emerging manager
fund count: 42 · reported gav: $5.5B · first adv filing: 2012-03-30 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

2 scored matches, best firstas of
  • score 45.9confidence 90%
    Why: stage fit; activity; cap table
  • score 35.9confidence 90%
    Why: sector fit; activity; cap table

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

2 dated events on the change ledger, latest event first
  • LP commitment disclosed
    2025-12-31source on record
  • Adviser's first ADV filing
    2012-03-30source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.