Hrach Simonian

General Partner / West Coast

Since 2007

Hrach is an engineer-turned-investor who helped build Canaan West Coast. Whether investing in consumer or enterprise tech, Hrach looks for the marketplace elements - and how to make them efficient. Previously, Hrach was an Associate at Rutberg & Company and a laser researcher at Northrop Grumman. He holds an MBA from the Stanford Graduate School of Business, an M.S. in Electrical Engineering from the University of Michigan in Ann Arbor, and a B.S. in Electrical Engineering from UCLA.

Hrach in 5

Origins: Born in Glendale, CA

Sports: Dubs

Talent: With some duct tape, I could fix that

Dream Job: Astronaut

Bucket List: Wingsuit



  • Zugata
    Acquired by CultureAmp


TechCrunch: Five Takeaways from Instacart’s S-1 Filing

TechCrunch: With a $50M Series C, Instrumental looks to expand data-driven manufacturing solution

Bloomberg: SoftBank Vision Fund 2 backs steel, aluminum marketplace Reibus

CNBC: 4D LiDAR technology providing a competitive edge – Aeva CEO

Forbes: With supply-chain constraints in the spotlight, an Atlanta-based marketplace for industrial metals raises $20M for expansion

Bloomberg: Instacart expands online food-stamp payments, challenging rivals

Aeva to trade on NYSE as "AEVA" beginning on March 15

CNBC: Aeva CEO Soroush Salehian on taking the company public via SPAC

CNBC: Aeva CEO says 4D lidar technologies will be in production by 2024

Reuters: Aeva to work with Denso on 'mass market' lidar sensors

CNBC: Instacart taps Goldman Sachs banker as CFO ahead of expected 2021 IPO

TechCrunch: Lidar startup Aeva raises another $200M ahead of its debut as a public company

Forbes: Laser sensor startup Aeva may see $2B valuation from NYSE Listing

TechCrunch: Lidar startup Aeva to go public via $2.1B SPAC merger

Bloomberg: Venture investor Canaan raises $800 million for new fund

Bloomberg: Instacart valuation jumps to $17.7B in grocery investment

TechCrunch: Instacart raises $200M more at $17.7B valuation

Forbes: Walmart Takes A Smart Step By Teaming Up With Instacart On Delivery

CNN: Instacart partners with Walmart to compete with Amazon

TechCrunch: Instrumental raises $20M to scale its AI-powered manufacturing tech

The Information: Instacart blows past Walmart in online grocery business

CNN: Instacart now valued at nearly $14 billion after 'unprecedented surge' in demand during pandemic

Bloomberg: Apple veterans’ lidar startup adds $200M to SPAC deal

TechCrunch: Aeva snags VW investment with smaller, longer-range lidar

The Financial Times: Volkswagen invests in Aeva self-driving vision start-up

Bloomberg: No Whole Foods, no problem - Instacart shakes off loss of grocer

Forbes: Startup nTopology raises $20M to expand its next-gen design software

ABC News: How some moms supplement income working for grocery shopping apps like Instacart

NPR: Why suburban moms are delivering your groceries

Variety: Tubular Labs brings in Viacom & BuzzFeed on project to establish social-video metrics

Reuters: Aeva signs sensor deal with Audi's self-driving unit

CNN: Instacart CEO reaffirms IPO is 'definitely' on the horizon

Forbes: At $7.6B valuation, Instacart says IPO 'on the horizon'

Forbes: Ex-Apple engineers raise $45MM For ‘generational leap’ vision tech for robot cars

WSJ: Cargomatic gets new funding as rebuilding effort gains traction

TechCrunch: In wake of Amazon/Whole Foods deal, Instacart has a challenging opportunity

LA Times: Silicon Valley’s acquisition targets aren’t in tech anymore

TechCrunch Equity Podcast with Maha and Hrach: Dropbox’s capital appetite and average revenue per dog

TechCrunch: Zugata raises $7 million to make annual performance reviews obsolete

Tech Republic: How to structure your startup as the company grows

Deepak Kamra: Capella Space: Getting the full picture

Hrach in 5

Origins: Born in Glendale, CA

Sports: Dubs

Talent: With some duct tape, I could fix that

Dream Job: Astronaut

Bucket List: Wingsuit