The Collectives
Startups, funds, and studios — the organisations actually moving things forward.
Center for Social Dynamics (CSD) is an applied behavior analysis (ABA) provider serving children and adults with autism and other developmental needs. Founded in 2012 by Pete Pallares, CSD delivers in-home, center-based, school-based, and virtual therapy across California, Washington, Oregon, Hawaii, and Colorado, pairing evidence-based clinical care with what it calls a foundation of science, compassion, and humility. The company now serves more than 4,000 clients with roughly 1,500 providers, and in December 2024 was acquired by Goldman Sachs Alternatives from longtime backer NMS Capital.
eBay is one of the original internet marketplaces, a global platform where roughly 136 million buyers shop across hundreds of millions of listings in about 190 markets. Born in 1995 as a hobby site called AuctionWeb, it pioneered the idea that strangers could trust strangers enough to trade online. Three decades later it has reinvented itself around enthusiast categories, certified collectibles, and recommerce - selling the new, the rare, and the gloriously second-hand.
a.k.a. Brands is a portfolio operator of next-generation, digitally native fashion brands, including Princess Polly, Culture Kings, Petal & Pup and mnml. Founded in 2018 and headquartered in San Francisco, it reaches Gen Z and millennial shoppers who discover fashion on social media and primarily buy online. A data-driven 'test and repeat' merchandising model lets its brands launch fresh, exclusive styles weekly. The company trades on the NYSE under the ticker AKA and reported net sales of $600.2 million in fiscal 2025.
AAA Mountain West Group is the not-for-profit auto club formerly known as AAA Northern California, Nevada & Utah. Headquartered in Walnut Creek, California, it serves AAA members across seven western states - Northern California, Nevada, Utah, Arizona, Montana, Wyoming and Alaska - with roadside assistance, insurance, travel planning, financial services and discounts. Rooted in a 1900 gathering of motoring enthusiasts in San Francisco, it is one of the largest clubs in the national AAA federation.
Active Wellness is a San Francisco-based fitness and wellness management company that designs, builds, staffs, and operates premium fitness centers across North America so its clients - healthcare systems, corporations, residential developers, community clubs, and senior living communities - don't have to. Co-founded and led by industry veteran Bill McBride, the company pairs decades of operational know-how with branded programming, technology, and consulting to turn fitness facilities from cost centers into thriving, profitable, member-loved spaces.
Agemark Senior Living is a family-owned operator of senior living communities founded in 1983 by real estate partners Richard Westin and Jesse Pittore. From a single converted hotel in Vancouver, Washington, the company has grown to own or manage 28 communities across six states, offering independent living, assisted living, memory care and skilled nursing. Guided by its in-house LifeCycles wellness philosophy, Agemark aims to reframe aging and end-of-life as stages to be celebrated, and has been certified a Great Place to Work for seven consecutive years.
Agency (agen.cy) is a San Francisco company building the tooling layer for AI agents. Its flagship product, AgentOps.ai, is an observability, testing, and compliance platform that logs every decision an autonomous agent makes - so teams can see what their agents actually do, catch failures, and ship reliably. Founded in 2023 out of the city's AI hackathon scene, the company also runs an AI-agent consulting practice and raised $2.6M in pre-seed funding in 2024.
agilon health is a healthcare company that helps community primary care physicians move from fee-for-service medicine to value-based care for seniors. Through its Total Care Model, agilon gives physician partners the capital, technology, data and 100% downside risk protection they need to take on full financial responsibility for the total care of their Medicare patients. The company partners with physician groups across more than 30 communities and serves over half a million seniors on its platform.
Agora is a real-time engagement platform that gives developers simple APIs and SDKs to embed live voice, video, interactive streaming, chat, and conversational AI into apps and devices. Trusted by more than 1,700 organizations across social, live shopping, education, telehealth, and gaming, Agora's network reaches devices worldwide with sub-second latency. The company trades on Nasdaq under the ticker API.
Airbnb is a global travel marketplace that lets hosts rent out homes, rooms, and experiences to guests in more than 220 countries and regions. Born in 2008 from three air mattresses on a San Francisco apartment floor, it turned spare space into a category-defining business, went public in 2020 at roughly a $100 billion valuation, and in 2025 expanded beyond stays into Services and a redesigned Experiences product - positioning itself as an everything app for travel.
Airtable is a San Francisco software company that turned the humble spreadsheet into a flexible app platform, letting non-engineers build relational databases, interfaces, and automated workflows without code. Founded in 2012 and launched publicly in 2015, it now serves more than 500,000 organizations - including the majority of the Fortune 100 - and has refounded itself as an AI-native app platform anchored by its conversational builder, Omni.
Alation is a Redwood City-based enterprise software company that built one of the first modern data catalogs by pairing machine learning with human curation. Its Data Intelligence Platform helps large organizations find, trust, and govern their data, and it has since pivoted toward an agentic AI platform that uses autonomous agents to automate data discovery, governance, and quality. The company serves roughly 450 enterprise customers, including more than a quarter of the Fortune 100, and has raised about $340 million at a valuation north of $1.7 billion.
Allbirds is a San Francisco footwear and apparel company that built a global brand on wool sneakers and a sustainability-first ethos. Co-founded in 2015 by former pro footballer Tim Brown and biotech engineer Joey Zwillinger, it turned superfine merino wool, eucalyptus tree fiber and sugarcane into low-carbon shoes, became the first fashion brand to print a carbon footprint on its products, and reached a $4 billion valuation at its 2021 IPO. After years of declining sales, store closures and a stock collapse, Allbirds agreed in March 2026 to sell its brand and assets to American Exchange Group for roughly $39 million.
Allied Telesis is a global networking infrastructure company that designs, manufactures, and supports wired and wireless products - switches, routers, firewalls, wireless access points, transceivers, and the software that manages them. Founded in Japan in 1987, it builds resilient, standards-based networks for governments, schools, hospitals, transportation systems, and smart cities, with a focus on automation (its Autonomous Management Framework), reliability, and supply-chain security.
Amy's Kitchen is a family-owned, privately held organic food maker based in Petaluma, California. Founded in 1987 by Andy and Rachel Berliner and named after their daughter, the company makes 250-plus vegetarian frozen and convenience meals - soups, burritos, pizzas, bowls and mac and cheese - all built from organic, non-GMO ingredients. A Certified B Corporation, Amy's has grown from a kitchen-table pot pie into a roughly billion-dollar retail brand without ever going public.
Anaplan is a cloud platform for connected enterprise planning. It lets finance, supply chain, sales, and HR teams model the same business in real time, on a single multidimensional engine called Hyperblock, instead of fighting over disconnected spreadsheets. Founded in 2006 in a barn in Yorkshire, England, the company now serves more than 2,400 customers worldwide - including roughly half the Fortune 50 - and is privately held by Thoma Bravo after a $10.7 billion take-private in 2022.
AppDirect is a San Francisco-based B2B subscription commerce platform that connects technology providers, advisors, and businesses so they can buy, sell, and manage software, hardware, connectivity, AI, and energy services in one place. Founded in 2009, it powers white-label marketplaces for telecom giants and enterprises, and is assembling an 'Everything Store' for B2B technology through a rapid string of acquisitions.
WelcomeAtHome is a residential property management company based in Eindhoven that maintains and manages hundreds of high-quality homes for short- and long-term rental across the south of the Netherlands. It handles the full lifecycle of letting a home - tenant screening, key handovers, inspections, maintenance coordination, and administration - so that, in its own words, both tenant and landlord benefit when real estate is really well arranged.
Auctane is the Austin-based software company behind a family of shipping and mailing brands - ShipStation, Stamps.com, ShippingEasy, ShipEngine, ShipWorks, Endicia, Metapack, GlobalPost and Packlink - that help merchants of every size print labels, compare carrier rates, automate order fulfillment and track parcels worldwide. Formerly known as Stamps.com, it rebranded to Auctane in 2021 under Thoma Bravo ownership, and in June 2026 merged with freight broker WWEX Group to form ShipStation Global, a combined logistics platform serving more than 3 million customers and moving over 3 billion shipments a year.
Azul is the largest independent Java vendor and a major contributor to OpenJDK. It builds production-grade Java runtimes - Azul Platform Core (certified OpenJDK builds) and Azul Platform Prime (a high-performance JVM) - plus the analytics-driven Intelligence Cloud. Companies use Azul to escape Oracle Java licensing costs, run lower-latency applications, and cut cloud spend.
Barracuda Networks is a cybersecurity company based in Campbell, California that protects more than 200,000 organizations worldwide. It packages email protection, application and network security, data protection and managed detection and response into the AI-powered BarracudaONE platform, sold largely through a global network of managed service providers and channel partners.
Barry's is the boutique fitness brand that turned the group workout into a nightclub. Founded in West Hollywood in 1998, it pioneered the high-intensity interval training (HIIT) class with its signature Red Room - low lights, loud music, treadmills and free weights - and helped launch the boutique fitness industry. Today Barry's runs roughly 90 studios across more than a dozen countries, sells a Fuel Bar nutrition line and a digital platform (Barry's X), and draws millions of class visits a year.
Basic American Foods is a family-owned food production company founded in 1933 and headquartered in Walnut Creek, California. It is the world's largest producer of dehydrated potato products, best known for Potato Pearls premium mashed potatoes, Golden Grill hash browns, and Santiago refried beans. The company serves foodservice operators, retail consumer brands, and food manufacturers through its ingredients business, sourcing potatoes from prime growing regions in Idaho and Washington.
Benchling is a cloud platform built for biotech R&D - a single, biology-first system of record where scientists design experiments, track samples, manage molecular data, and collaborate. Founded in 2012 out of MIT, it has grown into the operating system for modern life science, used by hundreds of thousands of scientists at companies ranging from startups to the largest biopharma firms, and is now embedding AI agents and predictive models directly into the lab workflow.
BetterUp is a San Francisco-founded human transformation company that pairs certified human coaches, behavioral science, and AI to deliver personalized professional and leadership development at enterprise scale. It coaches employees at hundreds of companies and government agencies, blending one-on-one coaching, assessments, and data-driven insights, and has increasingly moved toward AI-powered coaching that runs around the clock.
Billtrust is a cloud-based fintech that automates the entire order-to-cash and invoice-to-cash cycle for B2B businesses - credit decisioning, online ordering, invoice delivery, payments, cash application, and collections. Founded in 2001 by Flint Lane, it went public via SPAC in 2021 (Nasdaq: BTRS) and was taken private by EQT in late 2022 for about $1.7 billion. Its Business Payments Network connects buyers, suppliers, and banks to move trillions in B2B payments with far less manual work.
BJIT is a global software development and IT outsourcing company founded in Dhaka, Bangladesh in 2001, built as a bridge between Japanese engineering discipline and Bangladeshi talent. With 750+ engineers across eight offices in Japan, the USA, Sweden, Finland, the Netherlands, Singapore, Thailand and Bangladesh, BJIT delivers dedicated offshore teams, custom software, QA automation, DevOps, AI, IoT, blockchain and mechanical engineering to more than 50 Fortune 500 clients including Sony, Panasonic, BMW, Qualcomm and Dassault Systemes.
Bloomerang is an Indianapolis-based software company that builds a complete giving platform for nonprofits, combining donor management (CRM), online fundraising, and volunteer management into one system. Founded in 2012 on the insight that nonprofits were losing the majority of first-time donors, Bloomerang centers its product on donor retention and relationship-building rather than one-time transactions. It now serves more than 24,000 small and mid-sized nonprofit organizations.
Blue Bottle Coffee is an Oakland-born specialty roaster and cafe chain that helped define the third-wave coffee movement. Founded in 2002 by clarinetist James Freeman, it built a reputation on freshly roasted single-origin beans, an obsessive 48-hour freshness rule, and a spare, Japanese-influenced cafe aesthetic. It now runs roughly 140 cafes across the US and Asia plus a sizable e-commerce and subscription business, and changed hands in 2026 when Centurium Capital agreed to buy its retail operations from Nestle.
BMC Software is a Houston-founded enterprise software company that builds the IT operations, service management, and mainframe automation tools that keep large organizations running. Founded in 1980 by three former Shell engineers, BMC has spent four decades turning the unglamorous work of keeping systems alive - monitoring, scheduling, patching, recovering - into automated, increasingly AI-driven products. Its flagship lines include Control-M (workload automation), the BMC AMI mainframe suite, and BMC Helix (service and operations management). Owned by KKR since 2018, BMC split into two focused companies, BMC and BMC Helix, in early 2025.