Prysm Capital
300 Witherspoon Street, Suite 202, Princeton, NJ, 08542, United States
Overview
Prysm Capital is a growth equity firm that partners with management teams and entrepreneurs who are building disruptive and generational companies in the technology and consumer sectors. With a long-term and company-first perspective, Prysm helps management teams achieve their next level of growth.
- Total investments
- 20
- Lead investments
- 15
- Investments · 12mo
- 10
- Active investors
- 5
Sector focus
- Financial Services
- Management Consulting
- Venture Capital
Investment portfolio
- Also
Led · Series D · Aug 2026
Also was launched as an independent company by Rivian in early 2025, transferring key engineers and Rivian’s electric skateboard platform technology to the new venture. The company is focused on autonomous last-mile delivery and pursuing commercial partnerships with customers such as DoorDash. With the latest $200 million investment led by DoorDash and Greenoaks Capital, Also’s total funding has surpassed $500 million. The spinoff structure was intended to let Rivian concentrate on consumer vehicles while allowing Also to develop and commercialize delivery robotics independently. The strategic backing from DoorDash positions Also to pilot and scale deployments aimed at reducing delivery labor costs, though the article does not disclose revenue or user metrics.
- HappyRobot
Led · Series C · Aug 2026
HappyRobot builds a vertical AI platform of production-ready agents that automate operational tasks across logistics, freight, and customer support. Its agents handle end-to-end work across phone, email, chat, document parsing, web browsing, and backend data entry, combining transcription, LLMs, voice generation, OCR, and browser automation. The platform integrates with TMS, ERP, CRM and other enterprise systems and is already used in production to negotiate shipping rates, book appointments, collect payments, recruit staff, and provide stakeholder updates. Founded in 2023 in Spain, the company emphasizes domain-specific agents tailored to messy, fragmented operational workflows rather than general-purpose copilots. HappyRobot plans to use new funding to expand hiring across engineering, go-to-market, and forward-deployed engineering teams who work on-site with clients to tailor and maintain AI workflows. Its rise is driven by labour shortages, rising operational complexity, and the inefficiencies of fragmented software stacks. HappyRobot builds an agentic AI conversational platform that automates complex logistics communications—handling inbound and outbound calls, carrier negotiations, data capture, load updates, scheduling, and payment-status inquiries. The platform integrates with existing systems to provide real-time analytics, intent detection, and 24/7 operational support. Customers report the AI agents have halved call times and reduced operational costs by roughly one third; by August the system had completed over 100,000 AI-driven calls and the company expects ten times that next year. HappyRobot’s agents answer calls 24/7 with no hold time, enabling human staff to focus on higher-value work. Notable customers include Flexport, Job&Talent, Spot Inc., Syfan Logistics, Best Bay Logistics, and Circle Logistics. The company says it will use new funding to accelerate product development and expand and support its customer base to transform logistics operations.
- Fireworks AI
Participated · Series D · Jul 2026
Fireworks AI is described as a startup focused on AI infrastructure solutions. The company recently completed a $1.5 billion funding round that values it at $17.5 billion, indicating strong investor interest and a significant jump in its financial profile. The round was led by Atreides Management, Index Ventures, and TCV, with contributions from NVIDIA, Evantic, and Lightspeed Venture Partners. Public reporting frames the raise as part of growing investor confidence in AI infrastructure. The articles do not provide details on specific products, revenue, users, founding year, location, or operational metrics.
- Mind Robotics
Participated · Equity · May 2026
Founded in 2025 out of a project initially known as “Project Synapse,” Mind Robotics is building industrial robots designed to perform human-like skills and further automate factory operations. The company was spun out of Rivian with RJ Scaringe, Rivian’s CEO, serving as chairman. Mind Robotics has raised over $1 billion to date, including a recent $400 million round led by Kleiner Perkins and a $500 million raise two months earlier, plus a prior $115 million from Eclipse. The latest financing values the company at more than $3 billion. Investors include strategic corporate venture arms such as Volkswagen’s and major investors like Salesforce. The company is using the new capital to continue development and scaling of its industrial robotics technology.
- Replit
Participated · Series D · Mar 2026
Replit, described as a “vibe-coding sensation,” offers an online platform designed to make software creation approachable for a broad audience. After nine years of development, the company made a controversial shift away from exclusively targeting professional developers and toward non-programmers, a move its CEO credits for its recent traction. In September, Replit reported it was on track for $150 million in annualized revenue. The company has since told Forbes it aims to reach $1 billion in annual recurring revenue by the end of the year. Replit’s valuation has soared from $3 billion in September to $9 billion just six months later. The fresh capital is expected to support further product expansion and community growth, although specific road-map details were not disclosed. Founder and CEO Amjad Masad notes that this momentum follows nearly a decade of steady iteration.