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Redpoint Ventures

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// PORTFOLIO INTELLIGENCE

// COMPANIES TRACKED

25

// PORTFOLIO VALUATION (TRACKED)

$141.9B

Combined current valuation of portfolio companies in WOWLS database — not fund AUM or capital deployed

// SECTORS COVERED

45

WOWL HIT RATE: 12%WOWL MISS RATE: 28%

// THREAT LEVEL DISTRIBUTION

  • ARMED
    11 · 44%
  • TERMINAL HYPE
    5 · 20%
  • DANGEROUS
    3 · 12%
  • BLOATED
    3 · 12%
  • ZOMBIECORN
    2 · 8%
  • PAPER TIGER
    1 · 4%

Based on 25 enriched portfolio companies

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// 5 TIERS · PAYPAL SECURED

// NOTABLE INVESTMENTS

// PORTFOLIO COMPANIES

25 companies · $141.9B combined valuation

COMPANYSECTORVALUATIONROUNDYEARTHREAT
Snowflakecloud computing$45BSERIES_A2013DANGEROUS
Rampcorporate cards$32BSERIES_D2022ARMED
Twiliocloud communications$12BSERIES_C2013TERMINAL HYPE
Pure Storagedata management$7BSERIES_A2010DANGEROUS
Wealthsimplefintech$5BSERIES_D2021BLOATED
Arctic Wolf Networkscybersecurity$4.3BSERIES_A2016ARMED
Houzzhome design$4BSERIES_A2010TERMINAL HYPE
Cyeracybersecurity$3BSERIES_B2023ARMED
Abridgehealthcare ai$2.75BSERIES_B2022ARMED
Sourcegraphai$2.6BSERIES_A2017BLOATED
Next Insuranceinsurtech$2.5BSERIES_A2017ARMED
Physical Intelligenceai$2.4BSERIES_B2024PAPER TIGER
Newfrontinsurtech$2.2BSERIES_A2018BLOATED
Cockroach Labscloud computing$2BSERIES_B2017ARMED
Dremioanalytics$2BSEED2015ARMED
Apus Groupapp development$1.85BSERIES_A2015TERMINAL HYPE
Orca Securitycybersecurity$1.8BSERIES_B2021ARMED
HomeAwaymarketplace$1.4BSERIES_B2008TERMINAL HYPE
Deliverectecommerce$1.4BSERIES_B2021ARMED
SentinelOne (private predecessor)cybersecurity$1.25BSERIES_A2015DANGEROUS

// RECENT ACTIVITY

// WOWL ASSESSMENT

Redpoint Ventures is an established enterprise infrastructure investor with a concentrated bet on B2B SaaS winners. The firm's portfolio includes three public companies (Snowflake, Twilio, Pure Storage) and demonstrates genuine pattern recognition in cybersecurity and cloud infrastructure. The 28% miss rate reflects a selective approach, but the 12% hit rate reveals difficulty separating genuine disruptors from category participants. Portfolio concentration in cybersecurity (5 companies) shows conviction but creates sector correlation risk.

Snowflake validates the firm's ability to identify genuine technical moats early — the data warehouse thesis matured exactly as predicted. Ramp ($32B valuation) represents disciplined Series A positioning in a crowded spend management category where technical execution separated winners. The Twilio public position shows conviction through the 2021 peak and subsequent 80%+ drawdown — holding a terminal hype asset through contraction erodes realized returns. Pure Storage demonstrates category creation in all-flash arrays but now competes in a commoditized storage market.

// THREAT LEVEL: ARMED

VERDICT: Legitimate enterprise infrastructure investor whose cybersecurity concentration bet either pays off spectacularly or creates correlated downside risk.

// WHY WOWLS WATCHES

The cybersecurity cluster (5 companies) is a high-conviction thesis that market dynamics will prove right or wrong decisively. If security consolidates into three dominant platforms instead of fragmenting into specialized tools, multiple Redpoint bets become acquisition targets at compressed multiples.

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// INTELLIGENCE PENDING

// INTELLIGENCE DISCLAIMER: Fund assessments represent editorial opinion based on publicly available data. Portfolio coverage reflects companies tracked in the WOWLS database and may not represent complete investment history. Hit and miss rates are calculated from tracked portfolio companies only. Not financial or investment advice.

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