About DCM Ventures
DCM Ventures is a venture capital firm founded in 1996. It is primarily based out of Menlo Park, United States. As of Feb 2026, DCM Ventures is an active investor, having invested in 374 companies, with 2 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Series A round of Usedots Overall, DCM Ventures portfolio has seen 14 unicorns, 39 IPOs and 110 acquisitions including key companies like SoFi, Kuaishou Technology and Bill.com. A lot of funds co-invest with DCM Ventures, with names like Legend Capital sharing a substantial percentage of its portfolio. DCM Ventures has team of 39 people including 13 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 8 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
DCM Ventures' List of Top Investments
DCM Ventures has a portfolio of 374 companies, including 14 unicorns. Their most notable investments are in Grin Scooters and Beijing Achu Technology.Their portfolio spans across United States, China, Japan and 14 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 34 other sectors, across stages such as Series A, Series B and 8 more. Here is the list of top investments by DCM Ventures:
1. SoFi
Online bank offering consumer loans and insurances. It offers multiple loan products including personal loans, student loans, home loans, business loans, and more. It also offers insurance including life insurance, home insurance, and more. It also features an app-based platform for trading stocks, ETFs, crypto, and accessing financial services. The app is available on IOS and Android devices.
Key facts about SoFi
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: $2.67B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $3.04B
- Employee Count: 6,349 as on Mar 31, 2026
- Investors: Silver Lake, Star Tech NG and 75 Others
- Latest Funding Round: Post IPO, Feb 18, 2024, $*****
- Highlight: Public
Social platform for sharing short videos. It allows users to stream live video shows. It also enables them to make duet videos with filters available on the platform. The application is available for Android and iOS users. It monetizes through in-app ads and purchases.
Key facts about Kuaishou Technology
- Founded Year: 2011
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $4.79B
- Employee Count: 5,878 as on Sep 28, 2025
- Investors: Access Industries, Temasek and 20 Others
- Latest Funding Round: Series F, Dec 03, 2019, $*****
- Highlight: Public
3. Bill.com
Provider of accounts payable, accounts receivable, and spend management solutions. The platform offers accounts payable and receivable automation, spend and expense management, and cash flow forecasting. It provides features such as bill creation, approvals, payments, invoicing, and procurement. The platform also offers integrations with accounting software and mobile applications.
Key facts about Bill.com
- Founded Year: 2006
- Location: Palo Alto (United States)
- Annual Revenue: $1.29B as on Jun 30, 2024
- Stage: Public
- Total Funding till date: $326M
- Employee Count: 3,359 as on Mar 31, 2026
- Investors: HTIF, August Capital and 28 Others
- Latest Funding Round: Post IPO, Nov 30, 2020, $*****
- Highlight: Public
4. FuboTV
Operator of streaming platforms providing live sports, news, and entertainment. The platforms deliver programming through user experience offering choice, flexibility, and value. The company focuses on computer vision technology to innovate on a global scale.
Key facts about FuboTV
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $155M
- Employee Count: 679 as on Mar 31, 2026
- Investors: Advantas Capital Ventures, Luminari Capital and 20 Others
- Latest Funding Round: Post IPO, Feb 16, 2021, $*****
- Highlight: Acquired
5. Fortinet
Provider of cybersecurity solutions, services, and threat intelligence for enterprises. It offers a platform delivering network and cloud security, unified SASE, and security operations. The company provides services such as incident response, managed detection, and security awareness training. It also delivers operational technology security, including secure networking and ruggedized products.
Key facts about Fortinet
- Founded Year: 2000
- Location: Sunnyvale (United States)
- Annual Revenue: $5.96B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $39M
- Employee Count: 16,092 as on Mar 31, 2026
- Investors: Meritech, Japan Asia Investment and 16 Others
- Latest Funding Round: Venture Debt, Mar 02, 2004, $*****
- Highlight: Public
DCM Ventures' Year-on-Year Investment Trends
DCM Ventures has invested in 374 companies over the last 29 years, with an average of 11 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Usedots and most recent follow-on round was in ExploMar.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 4 | 6 |
2024 | 7 | 2 | 9 |
2023 | 6 | 3 | 9 |
2022 | 7 | 2 | 9 |
2021 | 11 | 12 | 23 |
2020 | 6 | 9 | 15 |
2019 | 12 | 16 | 28 |
2018 | 21 | 22 | 43 |
2017 | 22 | 14 | 36 |
DCM Ventures' Investments by Stage
DCM Ventures has made 128 investments in Series A stage with an average round size of $11.9M, 62 investments in Series B stage with an average round size of $24.7M and 47 investments in Seed stage with an average round size of $4.09M.Stage of entry | No. of Investments |
|---|---|
Series A | 128 |
Series B | 62 |
Seed | 47 |
Series C | 35 |
Series D | 9 |
Others | 7 |
Note: We have considered here, only first round of investments
DCM Ventures' Investments by Sector
DCM Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, FinTech and High Tech. Notably, it has invested in 309 Tech companies, 198 Enterprise (B2B) companies, 173 Consumer (B2C) companies and at least 172 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 101 |
Enterprise Applications | 101 |
Retail | 45 |
FinTech | 31 |
High Tech | 28 |
Others | 317 |
Note: We have considered here, only first round of investments
DCM Ventures' Investments by Geography
DCM Ventures has made most investments in United States (148), followed by China where it has made 98 investments.Country | No. of Investments |
|---|---|
United States | 148 |
China | 98 |
Japan | 20 |
United Kingdom | 5 |
South Korea | 4 |
Others | 14 |
Note: We have considered here, only first round of investments
DCM Ventures' recent investments
DCM Ventures has made 1 investments in 2026 so far - Usedots.Here are the most recent investments by DCM Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 26, 2026 | United States | Series A | 2115 | ||
Nov 26, 2025 | China | Series A | 7297 | - | |
Nov 25, 2025 | China | Series A | 2295 | - | |
Jun 05, 2025 | Canada | Series D | 7604 | ||
May 07, 2025 | China | Series B | 2476 | [+1] |
Unicorns in DCM Ventures' Portfolio
DCM Ventures has 14 unicorns in its portfolio - Assured Insurance Technologies, EvenUp, Akulaku and others. The most recent unicorn in their portfolio is Assured Insurance Technologies. It became a unicorn in 2025, 1 years before DCM Ventures first invested in it.Here is a list of unicorns in DCM Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
45 | Provider of SaaS claims processing solutions for P&C insurers | 2019 | Palo Alto | Seed | ytadbjn | ||
69 | Developer of AI platform for personal injury claim management solutions | 2019 | San Francisco | Series E | ejyyjmv | ||
75 | Online marketplace for point of sale financing | 2014 | Jakarta | Series E | ahdhvab | ||
67 | App for editing photos and videos | 2011 | Miami | Series C | rxqecwd | ||
76 | Provider of blockchain-based financial solutions | 2017 | Singapore | Series C | rianjib |
IPOs and Publicly Listed companies in DCM Ventures' Portfolio
39 of DCM Ventures' portfolio companies have become public. Figure got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2025 at marketcap of $4.34B and Pony.ai got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $3.48B.Here are DCM Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 11, 2025 | Apr 30, 2018 | Series A | 2461 | |
Nov 27, 2024 | Jan 15, 2018 | Series A | 6243 | |
Jul 12, 2023 | - | - | 8637 | |
Jun 28, 2023 | Jun 14, 2018 | Series C | 8437 | |
Jan 24, 2023 | - | - | 9044 |
Acquired companies in DCM Ventures' Portfolio
110 companies from DCM Ventures' portfolio have been acquired. The most recent acquisition were Modern Animal in Apr 2026 by Chewy.Here are DCM Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 08, 2026 | Oct 24, 2019 | Seed | 7499 | |
Feb 02, 2026 | - | - | 2680 | |
Jan 12, 2026 | Sep 21, 2007 | Series A | 6681 | |
Dec 22, 2025 | May 21, 2015 | Series A | 9196 | |
Dec 19, 2025 | Jul 20, 2005 | Series C | 1625 |
Team profile of DCM Ventures
DCM Ventures has a team of 39 members including 13 Partners, 2 Venture Partners and 4 Principals located in United States, China and 1 more location. DCM Ventures' team sits on the board of 3 companies.Here is a list of top team members in DCM Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Tokyo | - | ||
Partner | Beijing | - | - | |
Partner | Dongguan | - | ||
Partner | Beijing | - | ||
Partner | Menlo Park | |||
Partner | San Francisco | - | ||
Partner | Tokyo | - | ||
Partner | Beijing | - | ||
Partner | San Francisco | - | ||
Partner | San Diego | - |
Co-investors of DCM Ventures
Over the past 29 years, 1458 investors have co-invested in DCM Ventures's portfolio companies. This includes funds and angels.
- Invested before DCM Ventures: Y Combinator, 500 Global and 305 others have invested in rounds before DCM Ventures. There are 9 companies where Y Combinator has invested before DCM Ventures and 7 companies where 500 Global has invested before DCM Ventures.
- Top Co-investors of DCM Ventures: 455 investors entered a company along with DCM Ventures. These include investors like Legend Capital (8 companies).
- Invested after DCM Ventures: A total of 696 investors have invested in DCM Ventures's portfolio after their investments. Top Investors include Tiger Global Management (8 companies), Tencent (7 companies) and SoftBank Vision Fund (7 companies).
Recent News related to DCM Ventures
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Dots Raises $8.9 Million to Scale Global Payout PlatformPYMNTS.com•Feb 28, 2026•DCM Ventures, Usedots
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Encord Secures $60M Series C Funding RoundMassinvestor•Feb 27, 2026•Encord, Wellington, Y Combinator, Bright Pixel Capital and 11 others
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ExploMar Secures Over USD 10 Million Financing for Global ExpansionPR Newswire•Nov 26, 2025•ExploMar, DCM Ventures
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Lingopal.ai Raises $14M in Series A FundingFinSMEs•Feb 12, 2025•Lingopal, DCM Ventures, Scrum Ventures, Marquee Ventures and 1 other
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Taxi and ride-sharing service operator newmo Inc. raises JPY 6.3 billion in additional Series A fundingstartuplog.com•Oct 31, 2024•Newmo, ANRI, Axiom Asia, B Dash Ventures and 23 others
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