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Josh Coyne backed Figma in 2018 - 100x+ return Rippling Series A: KP's largest early-stage check ever Loom acquired by Atlassian Moveworks acquired by ServiceNow UiPath IPO - KP portfolio win Coyne co-hosts KP's Grit podcast on go-to-market First job: delivering phone books in Cleveland Speaks French. Eats Chick-fil-A. Invests globally. Kleiner Perkins raised $2B fund in 2024 Josh Coyne backed Figma in 2018 - 100x+ return Rippling Series A: KP's largest early-stage check ever Loom acquired by Atlassian Moveworks acquired by ServiceNow UiPath IPO - KP portfolio win Coyne co-hosts KP's Grit podcast on go-to-market First job: delivering phone books in Cleveland Speaks French. Eats Chick-fil-A. Invests globally. Kleiner Perkins raised $2B fund in 2024
Josh Coyne, Partner at Kleiner Perkins
Kleiner Perkins - San Francisco

Josh
Coyne.

The phone-book kid from Cleveland
who funds tomorrow's empires.

Partner at one of Silicon Valley's most storied firms. Early backer of Figma, Rippling, Loom, UiPath, and Synthesia. French-speaking, Chick-fil-A-eating, HIIT-class-attending investor who bets on founders dead-set on reinventing everything.

Venture Capital Enterprise AI Fintech Podcast Host KP Partner
4 Portfolio IPOs
100x+ Figma Return
2017 Joined KP
$25M Rippling Bet
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$2B KP's Latest Fund

KP20 raised 2024

8+ Cities Lived

Cleveland to Paris

20+ Portfolio Companies

Seed through growth

2 Languages

English and French

The guy who wrote the biggest check KP had ever written - and then kept going

In 2019, Kleiner Perkins wrote a $25 million check into Rippling's Series A. It was, at the time, the largest early-stage investment the firm had ever made. The founder, Parker Conrad, had a well-publicized exit from his previous company that made a lot of people nervous. Josh Coyne was not nervous. He was paying attention to what actually mattered - the product vision, the founder's character, and the scale of the problem Rippling was solving. Today, Rippling is one of the fastest-growing workforce management platforms in the world.

That pattern - seeing clearly when others see fog - is Coyne in a sentence. He joined Kleiner Perkins in 2017, fresh from advising on multi-billion dollar tech M&A deals at Qatalyst Partners. He had spent years on the sell side, understanding precisely what made technology companies worth acquiring at enormous premiums. Then he switched sides. Instead of valuing what existed, he would bet on what could exist.

His early bets have aged extraordinarily well. Figma in 2018, before collaborative design software was an obvious category. Loom before async video was a workplace staple - later acquired by Atlassian. Moveworks before enterprise AI automation was mainstream - later acquired by ServiceNow. UiPath, which went public on the New York Stock Exchange. Truecaller, which IPO'd in Stockholm. Robinhood, which democratized brokerage for a generation.

I love listening to and learning from any founder who is dead-set on reinventing an industry - regardless of said industry.

- Josh Coyne, Partner at Kleiner Perkins

Cleveland. Phone books. Paris. VC.

Josh Coyne grew up in Cleveland, Ohio. His first job was delivering phone books. Not exactly a foreshadowing of future billion-dollar allocations - or maybe it is, if you think about what a phone book is: a database, organized, distributed, designed to connect people with what they need. He just traded paper for software.

He went to Boston College and graduated summa cum laude with degrees in Computer Science and Finance - a combination that tells you everything about how he thinks. He's not purely technical, not purely financial. He's both, which means he can sit with a founder building deep infrastructure software and follow every line of reasoning, then turn around and model the unit economics on a napkin.

Along the way, he spent time at ESCP Europe - which explains the fluent French and the eight-city biography: Boston, Cleveland, London, NYC, Paris, Quebec, Tampa Bay, San Francisco. He has lived in the places where technology gets built, financed, and scaled. The international lens isn't a résumé line. It shows up in his portfolio - he backs companies in the US, Europe, Israel, and beyond.

From delivering phone books in Cleveland to leading $25M VC rounds at Kleiner Perkins. Some origin stories write themselves.

Applied AI. The 99%. Founders with obsessions.

Coyne's focus areas today are applied AI, productivity, fintech, data infrastructure, and cybersecurity. But that list doesn't really capture the thesis. The thesis is this: AI-native platforms that make genuinely complex workflows accessible to non-technical users. Not AI as a feature. AI as the foundation. Not tools for the power user. Tools for the operator in construction, healthcare, legal services, and accounting who has always had to work around bad software.

He's particularly drawn to founders who are polymathic - people who can move across disciplines fast enough to build entirely new product categories, not just incremental improvements. He wants to be in the room at the beginning, when the category doesn't exist yet and the founder is the only one who can see the shape of it clearly.

His check sizes range from $500K to $75M, with a sweet spot around $25M - which is to say he's comfortable leading rounds at meaningful conviction. He doesn't just observe; he commits. And he serves on boards, which means the relationship with founders is long and real, not just transactional.

Applied AIVery High
Enterprise SoftwareHigh
FintechHigh
Data InfrastructureMedium-High
CybersecurityMedium
Consumer AppsSelective
Portfolio

The portfolio that tells the story

Figma
IPO

Collaborative design platform. Backed in 2018. Estimated 100x+ return. Adobe's $20B proposed acquisition was blocked; IPO followed.

Rippling
Growth

Workforce management unifying HR, IT, and finance. KP led $25M Series A - firm's largest early-stage check at the time.

UiPath
IPO (NYSE)

Robotic process automation platform. One of enterprise software's defining IPOs of the early 2020s.

Loom
Acquired - Atlassian

Async video messaging for teams. Acquired by Atlassian in 2023 for nearly $1 billion.

Moveworks
Acquired - ServiceNow

Enterprise AI for IT automation. Acquired by ServiceNow in 2025 in a landmark AI deal.

Synthesia
Growth

AI video generation platform enabling mass corporate video production with synthetic presenters.

Robinhood
IPO (NASDAQ)

Commission-free trading platform that reshuffled retail investing. Public since 2021.

Garner Health
Growth

Evidence-based physician database with incentive structure. Employers see avg 12% drop in per-employee healthcare costs.

Truecaller
IPO (Nasdaq Stockholm)

Caller ID and spam detection platform with over 350M users globally.

Browserbase
Early Stage

Infrastructure enabling AI agents to operate securely within web browsers at scale.

OpenEvidence
Early Stage

AI platform surfacing medical evidence for clinicians at the point of care.

Stord
Growth

Cloud supply chain platform combining software, fulfillment, and logistics for e-commerce brands.

Grit Podcast

The Grit podcast - go-to-market as a discipline

Josh Coyne co-hosts Kleiner Perkins' Grit podcast alongside Joubin Mirzadegan, KP's go-to-market operating partner. The show runs detailed conversations with founders and operators on what it takes to create, build, and scale world-class organizations - with particular emphasis on product-market fit and go-to-market strategy for companies building entirely new categories.

The guests are founders Coyne knows well: portfolio companies navigating the hard transition from early traction to repeatable scale. The conversations are technical in the right way - not performative, not surface-level. Coyne pushes on the moments where things nearly broke and how they were fixed. It's the kind of institutional knowledge most VCs keep private, made public.

The podcast is available on Apple Podcasts, Spotify, and everywhere else. For anyone building a B2B company and trying to figure out go-to-market, it's a useful education.

I spend a lot of my time working with companies in applied AI, productivity, fintech, data infrastructure, and cybersecurity. Having said that, I love listening to and learning from any founder who is dead-set on reinventing an industry.

- Josh Coyne, Kleiner Perkins

From M&A advisor to early-stage believer

Cleveland
Grows up in Ohio. First job delivering phone books - an early education in logistics, databases, and neighborhood geography.
Boston College
Graduates summa cum laude with dual degrees in Computer Science and Finance. Exchanges at ESCP Europe, picking up French and a European perspective on tech.
~2016-2017
Qatalyst Partners - advises on multi-billion dollar technology M&A, leveraged buyouts, and cross-border financings. Learns what makes companies worth acquiring at a premium.
2017
Joins Kleiner Perkins as an investor. Switches from valuing the present to betting on the future.
2018
Leads early investment in Figma - an estimated 100x+ return once the IPO materializes. One of the defining early bets of his KP tenure.
2019
Helps lead KP's $25M Series A in Rippling - the firm's largest early-stage check ever written at the time. Parker Conrad, the founder, was a controversial bet. The conviction proved correct.
2021-2022
UiPath, Robinhood, and Truecaller all go public. Portfolio validation from multiple directions.
2023
Loom acquired by Atlassian. Moveworks acquired by ServiceNow. Two more portfolio outcomes in a single year.
2024-present
Promoted to Partner at Kleiner Perkins. Continues investing across applied AI, fintech, and enterprise. Co-hosts Grit. Raises KP20 fund at $2B. Backs Armadin, Browserbase, Summation, MAI, OpenEvidence.
The Human Part
📚
First Job, Forever Story

Delivering phone books in Cleveland. A database, distributed door-to-door. He's been connecting people with what they need ever since - at different price points.

🌍
8 Cities, 2 Languages

Boston, Cleveland, London, NYC, Paris, Quebec, Tampa Bay, San Francisco. Fluent in French and English. Has lived in the places where technology gets built and where money decides what survives.

🐱
The Siberian Cat

Lives in San Francisco with his wife, daughter, and one Siberian cat. Hyperallergenic breed, notable portfolio. Good taste runs in the family.

🍗
Chick-fil-A Devotee

Lists it among his personal interests alongside nutrition and health. No further questions.

💪
HIIT & Thrillers

Morning HIIT classes, sports fan, and reads thrillers to decompress. The cardio-fiction lifestyle of a VC who doesn't sit still for long.

🎯
Summa Cum Laude, CS + Finance

Boston College. Both disciplines at once. That combination - the architecture of systems and the logic of value - is the foundation of every investment he makes.

"Any founder who is dead-set on reinventing an industry - regardless of said industry." That's the brief. Eight years at KP, it's working."

Follow the work. Hear the conversations.