Redpoint Ventures: Two Decades of Early Bets on Netflix, Stripe and Snowflake

Redpoint Ventures has been partnering with founders since 1999, building one of venture's most recognisable early-stage track records from seed through growth. Based in San Francisco with offices in New York and Woodside, the firm invests across AI and infrastructure, security, consumer and enterprise software — and its portfolio reads like a history of modern technology: Netflix, Snowflake, Stripe, Twilio, Ramp and Hims, with next-generation AI bets including OpenAI, Legora, Modal, Abridge and Physical Intelligence.

Redpoint runs two distinct engines. Its early-stage strategy — led by managing partners Alex Bard, Satish Dharmaraj, Annie Kadavy and Erica Brescia — closed its tenth flagship early-stage fund at $650 million in May 2025, matching the size of its ninth fund raised in 2022 and holding steady while many peers were downsizing. Its growth strategy, led by Logan Barlett, Jacob Effron, Elliot Geidt and Scott Raney, raised a $740 million fifth growth fund. Total assets under management stand at around $4.5 billion as of 2025.

What distinguishes Redpoint for founders is its depth in infrastructure and applied AI. Recent early-stage bets include Poolside, the AI coding company founded by former Redpoint partner Jason Warner, alongside Cockroach Labs and procurement platform Levelpath, with notable recent exits including HashiCorp and Next Insurance. The firm also publishes the annual InfraRed report, which maps the top 100 private infrastructure and AI companies — the 2026 edition found over 80% had raised money in the prior two years, a signal of how strongly capital is compounding at the AI infrastructure layer.

• Netflix — one of the firm's most storied early consumer bets
• Snowflake — backed from the early cloud-data-warehousing days through IPO
• Stripe and Twilio — defining developer-platform investments
• Ramp — continued fintech conviction into the current cycle
• OpenAI — backing the next generation of AI leaders

Redpoint does not publish a formal founder programme with named perks; its value-add is partner-led and thematic, rooted in two and a half decades of helping infrastructure and application-layer companies scale from first check to public listing. For AI and infrastructure founders in particular, the firm's research output, operator network and willingness to lead seed and Series A rounds make it a high-conviction early partner.