About CapitalG
CapitalG is a venture capital firm founded in 2013. It is primarily based out of San Francisco, United States. As of Apr 2026, CapitalG is an active investor, having invested in 101 companies, with 15 new investments in the last 12 months. It primarily invests in Series D round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series C round of nEye Overall, CapitalG portfolio has seen 34 unicorns, 16 IPOs and 22 acquisitions including key companies like Lyft, Robinhood and Duolingo. A lot of funds co-invest with CapitalG, with names like Canapi Ventures sharing a substantial percentage of its portfolio. CapitalG has team of 105 people including 15 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series D & 10 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
CapitalG's List of Top Investments
CapitalG has a portfolio of 101 companies, including 34 unicorns. Their most notable investments are in Chief and Pindrop Security.Their portfolio spans across United States, India, China and 9 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 23 other sectors, across stages such as Series C, Series D and 10 more. Here is the list of top investments by CapitalG:1. Lyft
Network facilitating on-demand transportation and ride scheduling services for individuals. It provides options for immediate rides, scheduled pickups, and various vehicle types. The network offers programs for business transportation needs. It also focuses on safety measures and community support initiatives.
Key facts about Lyft
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $5.02B
- Employee Count: 3,913 as on Dec 31, 2025
- Investors: HTIF, Kaplan Group Investments and 161 Others
- Latest Funding Round: Series I, Aug 06, 2018, $*****
- Highlight: Public

2. Robinhood
Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.
Key facts about Robinhood
- Founded Year: 2013
- Location: Menlo Park (United States)
- Annual Revenue: $2.95B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $5.73B
- Employee Count: 4,624 as on Mar 31, 2026
- Investors: HTIF, equitywestsecurities.com and 145 Others
- Latest Funding Round: Post IPO, May 13, 2022, $*****
- Highlight: Public

3. Duolingo
Developer of a platform providing gamified language learning courses. The platform offers interactive exercises with immediate feedback to improve language skills. It adapts its curriculum to individual learning strengths and weaknesses. Users earn virtual coins and unlock new levels to stay motivated.
Key facts about Duolingo
- Founded Year: 2011
- Location: Pittsburgh (United States)
- Annual Revenue: $748M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $183M
- Employee Count: 2,549 as on Mar 31, 2026
- Investors: HTIF, ADS Ventures and 20 Others
- Latest Funding Round: Post IPO, Feb 15, 2022, $*****
- Highlight: Public

4. Coupa
Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend. It features solutions for spending management, procurement invoice automation, sourcing, travel and expense management, inventory optimization, contract management, spend analysis, data visualization, payment automation, compliance, and supplier management. It caters to multiple sectors like healthcare, hospitality, life sciences, and manufacturing.
Key facts about Coupa
- Founded Year: 2006
- Location: San Mateo (United States)
- Annual Revenue: $725M as on Jan 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $169M
- Employee Count: 3,664 as on Mar 31, 2026
- Investors: Meritech, Rally Ventures and 18 Others
- Latest Funding Round: Post IPO, Jun 11, 2020, $*****
- Highlight: Acquired
5. CloudFlare
Provider of cloud services for security, performance, and application development. The company delivers networking, security, and performance services through its connectivity cloud platform. It offers solutions for application security, application performance, and network services. The company's platform supports businesses in modernizing networks, securing workspaces, and optimizing web experiences.
Key facts about CloudFlare
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1.67B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $332M
- Employee Count: 6,964 as on Mar 31, 2026
- Investors: HTIF, Fidelity Investments and 17 Others
- Latest Funding Round: Post IPO, Aug 2021, $*****
- Highlight: Public
CapitalG's Year-on-Year Investment Trends
CapitalG has invested in 103 companies over the last 12 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 23 investments, while as of Apr 2026, it has made 6 investments in this year. Its most recent first time investment was in Duna and most recent follow-on round was in nEye.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 3 | 6 |
2025 | 18 | 5 | 23 |
2024 | 7 | 6 | 13 |
2023 | 2 | 4 | 6 |
2022 | 3 | 6 | 9 |
2021 | 13 | 10 | 23 |
2020 | 5 | 7 | 12 |
2019 | 3 | 6 | 9 |
2018 | 6 | 10 | 16 |
2017 | 4 | 1 | 5 |
CapitalG's Investments by Stage
CapitalG is primarily an Late Stage Investor investor majorly investing in Series C (25) rounds where average round size is $4.29B, Series D (22) rounds where average round size is $18.7B and Series B (17) rounds where average round size is $2.42B.Stage of entry | No. of Investments |
|---|---|
Series C | 25 |
Series D | 22 |
Series B | 17 |
Series E | 8 |
Series A | 5 |
Others | 12 |
Note: We have considered here, only first round of investments
CapitalG's Investments by Sector
CapitalG has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, FinTech, High Tech and Consumer. Notably, it has invested in 94 Tech companies, 80 Enterprise (B2B) companies, 66 Software companies and at least 49 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 54 |
Enterprise Infrastructure | 22 |
FinTech | 20 |
High Tech | 18 |
Consumer | 16 |
Others | 84 |
Note: We have considered here, only first round of investments
CapitalG's Investments by Geography
CapitalG has made most investments in United States (74), followed by India where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 74 |
India | 6 |
China | 2 |
Netherlands | 2 |
Belgium | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
CapitalG's recent investments
CapitalG has made 6 investments in 2026 so far. nEye and Duna are the latest among them.Here are the most recent investments by CapitalG:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 14, 2026 | United States | Series C | 4126 | [+2] | |
Feb 04, 2026 | Netherlands | Series A | 9636 | [+2] | |
Feb 04, 2026 | United States | Series B | 3268 | [+11] | |
Feb 01, 2026 | United States | Series D | 9716 | ||
Jan 20, 2026 | United States | Series E | 5707 | [+1] |
Unicorns in CapitalG's Portfolio
CapitalG has 34 unicorns in its portfolio - LangChain, Base Power, Baseten Technologies and others. The most recent unicorn in their portfolio is LangChain. It became a unicorn in 2025.Here is a list of unicorns in CapitalG's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Developer of tools for building, testing, and deploying AI agent applications | 2022 | San Francisco | Series B | laszmlw | ||
64 | Provider of battery storage system | 2023 | Austin | Series C | rkzlyxf | ||
66 | Platform offering low code based ML powered application development software | 2019 | San Francisco | Series E | cn{hjda | ||
66 | Developer of an AI platform for building applications and websites | 2023 | Stockholm | Series B | {bqcdgu | ||
78 | Provider of AI-based health record platform | 2018 | Pittsburgh | Series E | uirrphr |
IPOs and Publicly Listed companies in CapitalG's Portfolio
16 of CapitalG's portfolio companies have become public. AYEFin got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Feb 2026 at marketcap of $350M and Freshworks got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $1.03B.Here are CapitalG's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 16, 2026 | Jun 11, 2018 | Series C | 5546 | |
Sep 22, 2021 | Jun 12, 2014 | Series D | 4075 | |
Jul 29, 2021 | Feb 06, 2018 | Series D | 4777 | |
Jul 28, 2021 | Jun 10, 2015 | Series D | 7668 | |
Jun 23, 2021 | - | - | 4970 |
Acquired companies in CapitalG's Portfolio
22 companies from CapitalG's portfolio have been acquired. The most recent acquisition were Care.com in Mar 2026 by Pacific Avenue Capital Partners.Here are CapitalG's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 02, 2026 | Jun 29, 2016 | Post IPO | 4729 | |
Dec 23, 2025 | Feb 09, 2021 | Series C | 8516 | |
Jul 28, 2025 | Sep 21, 2018 | Series C | 7722 | |
Mar 20, 2025 | Oct 07, 2019 | Series C | 9093 | |
Feb 27, 2025 | Apr 20, 2021 | Series B | 8430 |
Team profile of CapitalG
CapitalG has a team of 105 members including 15 Partners and 5 Principals located in United States. CapitalG's team sits on the board of 3 companies.Here is a list of top team members in CapitalG:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | |||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of CapitalG
Over the past 12 years, 986 investors have co-invested in CapitalG's portfolio companies. This includes funds and angels.
- Invested before CapitalG: Sequoia Capital, Andreessen Horowitz and 555 others have invested in rounds before CapitalG. There are 14 companies where Sequoia Capital has invested before CapitalG and 10 companies where Andreessen Horowitz has invested before CapitalG.
- Top Co-investors of CapitalG: 185 investors entered a company along with CapitalG. These include investors like Canapi Ventures (4 companies).
- Invested after CapitalG: A total of 244 investors have invested in CapitalG's portfolio after their investments. Top Investors include Fidelity Investments (6 companies), Baillie Gifford (5 companies) and Hercules Capital (5 companies).
Recent News related to CapitalG
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nEye.ai Raises $80M to Scale Optical Circuit Switching for AI Data CentersTechStartups.com•Apr 14, 2026•nEye, M12, CapitalG, Sutter Hill Ventures and 3 others
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CapitalG Leads $200 Million Funding Round to Bolster European Fintech InnovationTechShots I Short News App For Tech Decision Makers•Mar 02, 2026•CapitalG
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Identity Fintech Duna Raises €30m in Series A roundBebeez•Feb 09, 2026•Duna, Puzzle Ventures, Alphabet, CapitalG and 1 other
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Bedrock Robotics Raises $270M to Scale Autonomous Construction FleetsSiliconAngle•Feb 05, 2026•Bedrock Robotics, Atreides Management, Valor Equity Partners, CapitalG and 14 others
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Duna, the AI-native platform that accelerates business onboarding, raises €30 million in Series A roundstartuplog.com•Feb 05, 2026•Duna, CapitalG, Stripe, Puzzle Ventures and 2 others
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New investment takes Verkada to $5.8 billion valuationsecurityworldmarket.com•Jan 26, 2026•CapitalG, Verkada
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Baseten valued at $5B after new funding roundTechzine•Jan 21, 2026•Baseten Technologies, Nvidia, CapitalG, IVP and 1 other
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Baseten nabs $300M from IVP, CapitalG to challenge Together AI in inferenceTech Funding News•Jan 21, 2026•Baseten Technologies, CapitalG, IVP
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Humans& Raises $480M Seed at $4.48B Valuation for Frontier AI LabTechStartups.com•Jan 20, 2026•Nvidia, Alphabet, SV Angel, humans& and 11 others
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French unicorn Pennylane secures $200M. Can it win Europe’s AI accounting race?Tech Funding News•Jan 20, 2026•Meritechsolutions, Sequoia Capital, TCV, Blackstone and 7 others
