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LaunchDarkly

LaunchDarkly isn’t just a leader in feature management — it’s the first scalable feature management platform. Feature management allows development teams to innovate faster by fundamentally transforming how software is delivered to customers. With the ability to gradually release new software features to any segment of users on any platform, DevOps teams can standardize safe releases at scale, accelerate their journey to the cloud and collaborate more effectively with business teams. Today, LaunchDarkly deploys peaks of 20 trillion feature flags each day, and that number continues to grow. Founded in 2014 in Oakland, California by Edith Harbaugh and John Kodumal, LaunchDarkly has been named on the Forbes Cloud 100 list, InfoWorld’s 2021 Technology of the Year list, and the Enterprise Tech 30 list.
Founding Year
2014
Headquarters
Oakland
,
United States
Sector(s)
SaaS
Funding State
Pre-Seed
Seed
Series A
Series B+
Exited
Total Funding Amount
$330.30M
Funds that Investested

Breyer Capital

Breyer Capital is a global VC firm focused on catalyzing high-impact entrepreneurs in the United States, Asia, and emerging markets like Africa and MENA.

They are looking for long-term-orientated founders who we can support over and over for decades. They also want to get to know founders on a deep level through extensive interpersonal and product questioning and reference checks.
Pre-Seed
Seed
Series A
Series B+
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Uncork Capital

$500 million seed-stage venture firm that commits early, helps with the hard stuff, and sticks around.
Pre-Seed
Seed
Series A
Series B+
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Vertex US

Vertex Ventures US partners with enterprising founders who seek to disrupt large markets.
Pre-Seed
Seed
Series A
Series B+
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Bessemer Venture Partners

With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has more than $20 billion of assets under management.
Pre-Seed
Seed
Series A
Series B+
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Heavybit

Heavybit is the leading early-stage investor in enterprise infrastructure. Since 2013, we've helped launch and scale visionary technical startups—from DevSecOps and feature flagging to AI code generation and beyond. We go hands-on from day 0, backing founders as they turn code into companies and build the future of software from the bottom up to the top down.
Pre-Seed
Seed
Series A
Series B+
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Vertex Ventures

Firm that makes high-conviction Seed/Series A investments in SaaS and infrastructure software startups. They only invest in only a few new companies each year, allowing them to concentrate their time and capital on a small portfolio.
Pre-Seed
Seed
Series A
Series B+
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Insight Partners

For over  25 years, Insight Partners has helped over 600 companies turn their vision into reality. They invest and support founders from seed until the later stages.
Pre-Seed
Seed
Series A
Series B+
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500 Global

Previously called 500 Startups, 500 Global has backed over 5,000 founders representing more than 2,600 companies operating in 80 countries. Their portfolio includes 51 companies valued at over $1 billion and 140 companies valued at over $100 million.
Pre-Seed
Seed
Series A
Series B+
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Bloomberg Beta

Bloomberg's early-stage venture fund investing in startups focusing on machine learning.
Pre-Seed
Seed
Series A
Series B+
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Investors that Investested

Andy McLoughlin

Managing Partner, Uncork Capital
Andy McLoughlin invests in early-stage software startups that help businesses operate like the best companies in the world either by building better, selling more, or operating more effectively. His portfolio includes LaunchDarkly, Human Interest, Focal Systems, Fountain, Crossbeam, Coder, Sym, Tailscale and Mutiny. Prior to joining Uncork in 2015, Andy was co-founder of Huddle, a London-based enterprise collaboration platform which was acquired in 2017. He was also an active angel investor with a personal portfolio of 40+ startups including Intercom; Tray.io, Pipedrive (acquired by Vista Equity Partners; Bugsnag; Apiary (acquired by Oracle); Buffer; Secret Escapes; Calm; and Postmates (acquired by Uber).
Pre-Seed
Seed
Series A
Series B+
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Mary D'Onofrio

Partner, Bessemer Venture Partners
Mary is a partner and co-founder of the growth investment practice at Bessemer Prior to Bessemer, Mary worked in Equity Capital Markets at Morgan Stanley and held roles at Apple and at the U.S. Department of the Treasury. Mary graduated with honors with an A.B. in Politics from Princeton University and holds an MBA from the Yale School of Management
Pre-Seed
Seed
Series A
Series B+
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Ethan Kurzweil

Partner, Bessemer Venture Partners
Ethan is a partner in the San Francisco office and a leading investor in a variety of technology verticals. He’s passionate about new platforms that provide technologists and business users with democratized access to cutting-edge technical tooling. Before joining Bessemer in 2008, he worked for Dow Jones & Co., managing the turnaround of international editions of the Wall Street Journal, and Linden Lab, the creator of Second Life. Earlier in his career, Ethan co-founded SSB-Bart Group (now known as Level-Access), a company whose mission is to make the Internet accessible to users with disabilities.
Pre-Seed
Seed
Series A
Series B+
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Byron Deeter

Partner, Bessemer Venture Partners
To date, nineteen of Byron’s investments are valued above $1 billion, including ten IPOs and counting. Byron first raised a Series A with Bessemer Venture Partners back in 2000, as CEO and founder of Trigo Technologies. His company grew to be one of the first global SaaS companies, reaching profitability and was successfully sold to IBM. Byron foresaw that cloud computing would not only change the way people built new technologies but also how The Cloud would systematically run the world. In 2005, Byron returned to Bessemer, this time to lead the fund’s global cloud practice. He graduated with honors from The University of California, Berkeley.
Pre-Seed
Seed
Series A
Series B+
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Tom Drummond

Managing Director, Heavybit
Tom is the cofounder and first investing partner at Heavybit. He’s spent the last 15 years working with developer tool, SaaS and enterprise infrastructure teams and helps founders with their early operations and financial reporting, fundraising and GTM.
Pre-Seed
Seed
Series A
Series B+
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Astasia Myers

General Partner, Felicis Ventures
Early stage venture capitalist who partners with ambitious entrepreneurs at preseed, seed, Series A, and Series B stages. focused on the next generation of enterprise software across developer tools, cloud infrastructure, big data and machine learning infrastructure, AI applications, and cybersecurity.
Pre-Seed
Seed
Series A
Series B+
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