Fund profile / United States

Kleiner Perkins KP 22

Geography
United States
Stage
Seed
Fund size
$1B
Focus
AI/ML, Digital Health and Enterprise Software
Signals
Published
Share
N°01 / About

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.

N°02 / Thesis

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
Google: PageRank algorithm, largest KP check 1999website
Amazon: Bill Campbell connection, retail loyalty pioneerwebsite
Spotify: Direct Listing 2018, music revenue growth driverwebsite
Waymo: 2026 partnership, crossing infrastructure threshold globallywebsite
Google: PageRank beat 17 prior search engineswebsite
Amazon: Bill Campbell, Jeff Bezos, retail revolutionwebsite
Twitter: real-time global infrastructure, influential public squarewebsite
Compaq: first IBM-compatible portable, $1B fastest everwebsite
Figma: multi-user cloud design, transformed creative collaborationwebsite
Rippling: unifies HR IT finance, $25M conviction betwebsite
Duolingo: gamified learning, doubled income potential globallywebsite
Robinhood: democratized finance, removed barriers fees accesswebsite
Anthropic: Claude, safety-first AI, foundational model erawebsite

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

74 signals on Kleiner Perkins KP 22

52 bullish · 5 contrarian · 5 pitch do's · 3 don'ts · 9 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$1B
Saves0
People

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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