# Wipro Ventures

> Wipro Ventures is a VC fund backing Software and Artificial Intelligence. See 56 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mountain View, United States
- Total investments: 56
- Last investment: Dec 2025
- Lead investor: 16%
- Fund size: $150M
- Last fund: Jan 2020
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/showcase/26474360/admin/
- Website: http://www.wipro.com/ventures/

Wipro Ventures is a VC fund in Mountain View focused on Software and Artificial Intelligence. Wipro Ventures is the strategic investment arm of Wipro Ltd. (NYSE: WIT) and focuses on investing in early- to mid-stage startups. It is a $100 million fund that leverages Wipro’s global reach and market knowledge to accelerate the growth of our portfolio companies. Wipro’s broad customer base of Global 1000 clients gives us a better understandingof customer needs and market trends, enabling us to provide valuable guidance to our startup partners.

## Contacts

5 contacts available for Wipro Ventures. Shizune tracks 3 team members at Wipro Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/wiproventure?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $4M–$29M |
| Series B | $12M–$48M |
| Series C | $8.7M–$188M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 18 | 32% |
| Artificial Intelligence | 14 | 25% |
| Cyber Security | 8 | 14% |
| Analytics | 7 | 13% |
| Enterprise Software | 7 | 13% |

56 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 12 | 21% |
| Series B | 11 | 20% |
| Series C | 7 | 13% |
| Seed | 6 | 11% |
| Series D | 3 | 5% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 28 | 50% |
| Israel | 2 | 4% |
| India | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Suhail Refaye | Principal | 0 | https://shizune.co/investors/profile/suhail-refaye |
| Venu Pemmaraju | Co-Head and Managing Partner | 6 | https://shizune.co/investors/profile/venu-pemmaraju |
| Jatin Dalal | President & Chief Financial Officer | 0 | https://shizune.co/investors/profile/jatin-dalal-e013 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Codoxo | Codoxo uses AI technology to re-envision healthcare affordability and effectiveness. Its Forensic AI Platform uses a patented algorithm to identify problems and suspicious behavior earlier than traditional techniques which helps ensure our scarce healthcare dollars go to real patient care. It was founded in 2016 and is based in Atlanta, Georgia. | $35M | Series C | Dec 17, 2025 |  |
| Functionize | Functionize is a provider of an AI-powered platform for the intelligent creation of software test cases. The company's Enterprise Application Agents (EAI) deliver autonomous, adaptive, and cognitive functionalities that enable businesses to automate entire workflows and complex processes. Functionize delivers an autonomous testing platformthat incorporates AI and machine learning technologies to automate the painstaking software testing process. The Functionize cloud-based platform enables enterprise teams to rapidly accelerate software development while eliminating traditional test scripts, test maintenance, and the need for a large QA team. | $41M | Series B | Aug 19, 2025 |  |
| Kognitos | Kognitos is in stealth mode. | $25M | Series B | Jun 24, 2025 |  |
| Tuskira | Tuskira provides cutting-edge threat defense system using a security mesh driven by AI. | $28.5M | Series A | Dec 04, 2024 |  |
| Ema | Ema is developing next-generation AI technologies to help every employee in the workplace be their most creative and productive. Ema is a seamless, accurate, and secure Enterprise Generative AI system that simplifies complex tasks using enterprise tools. | $36M | Series A | Jul 31, 2024 |  |
| Lineaje | Lineaje solves critical Software Supply Chain security problems faced by every organization that builds, uses or sells software. | $20M | Series A | Jul 30, 2024 |  |
| Ema | Ema is developing next-generation AI technologies to help every employee in the workplace be their most creative and productive. Ema is a seamless, accurate, and secure Enterprise Generative AI system that simplifies complex tasks using enterprise tools. | $25M | Seed | Mar 05, 2024 |  |
| Kognitos | Kognitos is in stealth mode. | $20M | Series A | Nov 29, 2023 |  |
| Vulcan Cyber | Vulcan Cyber is a cybersecurity company that helps enterprises quickly detect and fix vulnerabilities in their software stack and code.The company incorporates the same methodologies used by Cloud, IT, and DevOps into an agile cybersecurity ecosystem that makes the rapid and flexible response to vulnerabilities a new reality. It promotes rapidand flexible response to exposures, risks, and vulnerabilities, making agile security the new reality.Vulcan Cyber comprehensive data collection aggregates data from dozens of scanning tools while its advanced exposure analytics delivers unprecedented insight into the true risk of existing vulnerabilities in the deployed enterprise stack. The company fuses its proprietary remediation intelligence with the enterprise’s vulnerability and IT data instantaneously, enabling you to focus on the most business-critical vulnerabilities.Vulcan Cyber was founded in 2018 and is based in Tel Aviv, Tel Aviv, Israel. | $34M | Series B | Nov 15, 2023 |  |
| Tangibly | Tangibly is a platform for businesses to manage their intellectual property by securing their trade secrets in legally enforceable form. | $7M | Seed | Nov 15, 2023 |  |

10 of 56 investments shown.

## Co-investors
- [Dell Technologies Capital](https://shizune.co/investors/profile/dell-technologies-capital) — VC Fund, 7 deals together
- [Intel Capital](https://shizune.co/investors/profile/intel-capital) — VC Fund, 7 deals together
- [Lightspeed Venture Partners](https://shizune.co/investors/profile/lightspeed-venture-partners) — VC Fund, 6 deals together
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund, 5 deals together
- [Blackstone Innovations Investments](https://shizune.co/investors/profile/blackstone-innovation-investments) — VC Fund, 5 deals together
- [Clear Ventures](https://shizune.co/investors/profile/clear-ventures) — VC Fund, 5 deals together

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## FAQ

### What does Wipro Ventures invest in?

Wipro Ventures invests primarily in Software, Artificial Intelligence and Cyber Security startups, most often at Series A and Series B stage. Most of the 56 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Wipro Ventures's check size?

Wipro Ventures typically joins rounds of $4M–$29M at Series A, $12M–$48M at Series B and $8.7M–$188M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Wipro Ventures participates in.

### How do I contact Wipro Ventures?

Public channels for Wipro Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Wipro Ventures?

The team at Wipro Ventures includes Suhail Refaye (Principal), Venu Pemmaraju (Co-Head and Managing Partner) and Jatin Dalal (President & Chief Financial Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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