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Locus Ventures

Redwood City, CA, 94064, United States

Overview

Locus Ventures is a seed fund that invests in passionate founders looking to build important, world-changing companies. Its partnership is unique in its wealth of startup founding and operating experience in both Silicon Valley and Asia. It works closely with founders in their portfolio and offers guidance on product design and development, customer acquisition, team-building, and fundraising. Since 2016, its portfolio companies have raised over $300 million in follow-on funding from first-tier VC like Sequoia Capital, Foundation Capital, Khosla Ventures, Founders Fund, NEA, CRV, DST Partners and Naspers, with an aggregate market cap over $2 billion. Locus Ventures was founded in 2016 by Google, Facebook, and Y Combinator alums.

Total investments
3
Lead investments
0
Investments · 12mo
0
Active investors
4

Sector focus

  • Advice
  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Botsync

    Participated · Series A · Jul 2022

    Botsync provides SyncOS, an intelligent orchestration layer that lets enterprises deploy and manage heterogeneous fleets of industrial robots from multiple vendors. The platform is already used by global manufacturers such as Ford and Nestlé, demonstrating its ability to coordinate large-scale, mixed-supplier automation environments. In 2025 the company recorded more than one million production trips on its system and achieved 230 percent year-over-year revenue growth, highlighting strong commercial traction. Management positions SyncOS as critical infrastructure for achieving full industrial automation ROI as factories move away from standalone hardware solutions. Proceeds from the latest funding will be channeled into further product development and global go-to-market efforts. No specific revenue figures, employee counts, or geographic headquarters were disclosed in the article.

  • Zingbus

    Participated · Series A · Jul 2021

    Zingbus is a technology solutions platform that aggregates small and medium-sized intercity bus operators under a branded marketplace to standardize India’s intercity bus travel. The company helps partner operators increase profitability and deliver a more reliable experience to travelers. Since its 2019 founding, Zingbus has served more than two million users across 300 Indian cities. It has a commercial agreement with Jio-bp pulse to utilize EV charging networks and convenience sites for bus operators on its platform. The company intends to use the Series A proceeds to scale operations and grow its team. Founders are Prashant Kumar, Mratunjay Beniwal and Ravi Verma. Zingbus is an intercity-mobility company focused on providing intercity bus services. The company was founded in 2019 by Prashant Kumar, Mratunjay, and Ravi Kumar Verma and participated in Y Combinator’s Winter 2021 class. It raised $6 million in a pre-Series A round led by Infoedge Ventures. Funders Club, Pioneer Fund, Anim Fund (Founders Fund Scout), Locus Ventures, and Liquid 2 Ventures participated in the round; Advantedge Technology Fund, 9Unicorns, and Venture Catalyst are listed as existing investors. CEO Prashant Kumar said the pandemic created a unique opportunity to rapidly build in a fragmented, largely unbranded market and has raised customer expectations around hygiene and safety. The article also references Flixbus—noting $650 million invested by General Atlantic, BlackRock, Silver Lake, and Canyon Partners—as a worldwide equivalent for context.

  • Oxygen

    Participated · Seed · Jan 2019

    Oxygen offers a modern digital banking platform that lets users spend, send, and save across both personal and business lives. The platform is available on web, iOS, and Android and targets digital natives, creators, and entrepreneurs. Members receive features such as cashback rewards, early direct deposit, transfers, high-yield savings, and everyday retail and travel benefits. For businesses, Oxygen provides integrated solutions including nationwide LLC incorporation and custom invoicing to help start and scale operations. The company was launched in January 2020; David Rafalovsky is the current CEO, succeeding founder Hussein Ahmed, who remains with the company as Chief Product Officer. Oxygen plans to use new funding to increase investment in product development, improve user experience, and expand its workforce. Oxygen is a digital banking platform that offers integrated personal and small-business accounts via an all-in-one mobile app. Its accounts have no minimum balance or monthly fees, are FDIC insured through The Bancorp Bank, and include a Visa debit card with cashback rewards and early direct deposit. The product suite includes tools for LLC creation, expense management, and the ability to manage personal and business finances from within the Oxygen app. Since launching in January 2020, Oxygen has opened over 125,000 accounts and reported a greater-than-969X revenue increase. The company has built partnerships with Visa (joining Visa’s Fast Track program) and operates from San Francisco. Oxygen is backed by investors including Runa Capital and Y Combinator. Oxygen is a San Francisco-based digital banking service that offers free banking and flat-fee, zero-interest lines of credit to freelancers. The platform tracks freelancers’ bills, projects their income and offers instant credit via a mobile app available on iOS and Android. Users can purchase Oxygen Premier and pay a monthly flat fee to access a full range of free banking perks and the flat-fee, zero-interest line of credit. The company is led by founder and CEO Hussein Ahmed. Oxygen raised $2.3M in funding and intends to use the proceeds to expand the team and accelerate business growth. Investors named in the report include Digital Horizon Capital, Cynthia Chen, ZMT Capital (China), Locus Ventures, Endure Capital, PioneerFund, Magic City, Light Bridge, Strawberry Creek, Base Ventures, The House Fund and Sam Yam.

Team