Kleiner Perkins KP 22

United States
Seed
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About Kleiner Perkins KP 22

Kleiner Perkins KP 22 is a $1B early-stage fund focused on AI-first companies across software, healthcare, transportation, and autonomy. Part of a $3.5B raise — the firm's largest in over a decade.

Investment Focus

Location / RegionUnited States
Funding StageSeed
Industry Focus
Ai Ml
Digital Health
Enterprise Software

Investor Signals Profile

active

Sweet Spot

Technical founders building AI or infrastructure with category-defining ambition

AI-first
enterprise software
physical AI / autonomy
consumer platforms
fintech infrastructure

Bullish Signals

Portfolio: Google, Stripe, Anthropic, Waymoexternal
KP22 + Select IV funds newly announcedexternal
Backed 40+ iconic cos since 1976external
Nest: 20x return, 60% fund returnedexternal
Rippling Series A: largest early check everexternal
Glean: backed Series A through Dexternal
Anthropic: partnered 2025, foundational AI betwebsite
Waymo: 200M+ autonomous miles loggedwebsite
Applied Intuition: $15B valuation, 18/20 top automakerswebsite
Glean incubated in KP offices from day onewebsite
Handshake: 13M students, 750K employers including F500website
Compaq: $1B revenue faster than any co. everwebsite
Genentech: $100B Roche acquisition, 1976 seedwebsite
Instacart: seed stage 2012, IPO 2023website
Square: $100M round led, IPO'd as Blockwebsite
DoorDash Series B led; largest US food platformwebsite
Xilinx: $49B AMD acquisition, Mamoon started career therewebsite
Slack: backed rounds 1–3, extraordinary early engagementwebsite
Harvey: OpenAI-based legal AI, early-stage 2023website
Motive: AI physical economy platform, 2022 entrywebsite
Google: $10B revenue conviction, built leadership teamwebsite
Amazon: Prime concept from Bing Gordon insightwebsite
Spotify: music streaming scaled, Direct Listing 2018website
DoorDash: Series B 2015, differentiated logistics visionwebsite
Figma: first browser-based design tool, 2017 entrywebsite
Rippling: $25M Series A, largest early check thenwebsite
Duolingo: game-like design, KP entry 2014 pre-revenuewebsite
Robinhood: fintech access democratization, renewed KP focuswebsite
Waymo: 200M+ autonomous miles, 6+ cities operatingwebsite
Twitter: backed 2010, global real-time infrastructurewebsite
Compaq: 53K units, $111M sales first yearwebsite
Handshake: democratized early career talent accesswebsite
Google: Eric Schmidt recruited; OKRs institutionalized; board-led scalingwebsite
Amazon: recruited VPs Engineering, CFO; business dev facilitatedwebsite
Compaq: recruited sales leadership; IBM-compatible portable pioneerwebsite
DoorDash: entered crowded space, won via tech + obsessionwebsite
Figma: Series C scaling, cloud-based design collaboration breakthroughwebsite
Anthropic: Claude AI, safety-first foundational model developerwebsite
Waymo: crossing autonomous infrastructure threshold, 6+ US citieswebsite

Contrarian Signals

Legacy brand; highly competitive accessexternal
Late-stage bets dilute early-stage focusexternal
Sand Hill network-gated deal flowexternal
Waymo/Anthropic: 2025-26 vintage, very late entrywebsite
Stripe/Motive: growth-only, no early upsidewebsite

Founder Do's

Show outsized market conviction early
Bring strong technical co-founding team
Demo exceptional engagement metrics
Target fundamental infrastructure layers
Be open to KP exec recruiting help

Founder Don'ts

Avoid crowded space without clear differentiation
Don't skip team-building plan
No unclear path to scale

Key GPs & Partners

MH
Mamoon Hamid
Managing Partner
AI-firstenterprise-focusedconviction-led
IF
Ilya Fushman
Partner
enterpriseSaaSgrowth
JC
Josh Coyne
Partner
early-stagefintechSaaS
LO
Lucas Oliveira
Partner
AIgrowth-stageautonomous systems
NC
Nadia Cochinwala
Partner
deep techautonomyphysical AI
JD
John Doerr
Partner / Board Director
legendarynetwork-builderOKR-champion
BG
Bing Gordon
Partner
consumergamingcreative
BB
Brook Byers
Partner
biotechpioneeringlegacy
AN
Aditya Naganath
Partner
enterprise AIemerging

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Fund Overview

Fund Size$1B
Saves0

Key People

Kleiner Perkins

Mamoon HamidManaging Partner
Ilya FushmanPartner
Josh CoynePartner
Lucas OliveiraPartner
Nadia CochinwalaPartner
John DoerrPartner / Board Director
Bing GordonPartner
Brook ByersPartner
Aditya NaganathPartner

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