About Dcode Capital
Dcode Capital is a venture capital firm founded in 2019. It is primarily based out of Washington, DC, United States. As of Aug 2024, Dcode Capital has invested in 11 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and High Tech. Most recently it participated in the $***** Series B round of Nucleus Overall, Dcode Capital portfolio has seen 3 acquisitions, namely StreamSets, Trifacta and UrbanFootprint. A lot of funds co-invest with Dcode Capital, with names like Contour Venture Partners sharing a substantial percentage of its portfolio. Dcode Capital has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series C & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Dcode Capital's List of Top Investments
Dcode Capital has a portfolio of 11 companies. Their most notable investments are in oneNav and Stardog Union.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, Enterprise Infrastructure, High Tech and 3 other sectors, across stages such as Series B, Series C and 1 more. Here is the list of top investments by Dcode Capital:1. Tamr
Developer of artificial intelligence software for master data management systems. This technology unifies, cleans, and enriches enterprise data across various business domains. The platform utilizes machine learning and entity resolution to create accurate records for customers, suppliers, products, and locations. It integrates with existing cloud storage and operational systems to maintain data quality and consistency. The software supports data governance and stewardship by automating the curation of information from multiple sources.
Key facts about Tamr
- Founded Year: 2013
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $69.2M
- Employee Count: 114 as on Jul 31, 2026
- Investors: Samsung Venture Investment, Pegasus Tech Ventures and 22 Others
- Latest Funding Round: Series C, Jul 12, 2023, $*****
- Highlight: Editors' Pick
Developer of an enterprise knowledge graph platform and AI data assistant. The platform provides data analytics modernization, data fabric, and data lake acceleration. It offers solutions for drug discovery, operational risk, and supply chain management. The company provides professional services, support packages, and learning resources.
Key facts about Stardog Union
- Founded Year: 2010
- Location: Washington, DC (United States)
- Stage: Series C
- Total Funding till date: $32.5M
- Employee Count: 88 as on Jul 31, 2026
- Investors: Contour Venture Partners, Boulder Ventures and 6 Others
- Latest Funding Round: Series C, May 10, 2023, $*****
- Highlight: Editors' Pick
3. Nucleus
Integrated risk and vulnerability management platform. It collects data from disparate vulnerability scanners and provides a comprehensive insight into the current risk posture through trends & reports. Supports integrations to Checkmarx, Netsparker, Veracode, and more. The solution can also be used for asset discovery & management. Notable partners include Amazon, Snyk, and Qualys.
Key facts about Nucleus
- Founded Year: 2018
- Location: Sarasota (United States)
- Stage: Series C
- Total Funding till date: $86.1M
- Employee Count: 130 as on Jul 31, 2026
- Investors: Delta-v Capital, Lead Edge Capital and 4 Others
- Latest Funding Round: Series C, Feb 11, 2026, $*****
- Highlight: Editors' Pick
4. Hyas
Unified threat detection and management. It provides security solutions for SMB and SME and home users to detect, protect, deflect and inspect online threats. The product includes Saturna, an appliance based security for local endpoint at the small or remote offices, Comox, a cyber-intelligence toolkit to investigate online web domains and borderless internet, a DNS based security service provided by HYAS. The solution includes anti-Virus, Ad Blocking with no plugins, anti-phishing protection, threat intelligence, protocol shifting geo-IP relocation, anti-proxy detection and free speech and anti-censorship functions.
Key facts about Hyas
- Founded Year: 2015
- Location: Nanaimo (Canada)
- Stage: Series B
- Total Funding till date: $48M
- Employee Count: 9 as on Jul 31, 2026
- Investors: Wild Basin Investments, Susa Ventures and 13 Others
- Latest Funding Round: Series B, Feb 24, 2021, $*****
- Highlight: Editors' Pick
5. StreamSets
Provider of real-time data streaming pipelines for data integration solutions. The platform enables users to manage data pipelines through a graphical interface, facilitating data integration across hybrid and multicloud environments. It allows real-time data ingestion at scale and reduces data staleness. The system insulates data pipelines from change with prebuilt processors that adapt to data drift. It creates streaming pipelines to ingest structured, semistructured, or unstructured data and deliver it to destinations.
Key facts about StreamSets
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $67.5M
- Employee Count: 58 as on Jul 31, 2026
- Investors: Harmony Partners, Harmony Venture Partners and 9 Others
- Latest Funding Round: Series C, Sep 11, 2018, $*****
- Highlight: Acquired
Dcode Capital's Year-on-Year Investment Trends
Dcode Capital has invested in 11 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Nucleus.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
2020 | 2 | 0 | 2 |
Dcode Capital's Investments by Stage
Dcode Capital has made 4 investments in Series B stage with an average round size of $14.7M, 1 investment in Series C stage and 1 investment in Series D stage with an average round size of $80M.Stage of entry | No. of Investments |
|---|---|
Series B | 4 |
Series C | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Dcode Capital's Investments by Sector
Dcode Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Internet of Things - Industry Applications and Semiconductors. Notably, it has invested in 9 Enterprise (B2B) companies, 9 Tech companies, 7 Saas companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Enterprise Infrastructure | 3 |
High Tech | 1 |
Internet of Things - Industry Applications | 1 |
Semiconductors | 1 |
Note: We have considered here, only first round of investments
Dcode Capital's Investments by Geography
Dcode Capital has made most investments in United States (5), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 5 |
Canada | 1 |
Note: We have considered here, only first round of investments
Dcode Capital's recent investments
Dcode Capital has not made any investment in 2026 so far.Here are the most recent investments by Dcode Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 20, 2024 | United States | Series B | 5668 | - | |
Dec 08, 2023 | United States | Series C | 9877 | - | |
May 18, 2022 | United States | Series B | 7940 | [+6] | |
Feb 24, 2021 | Canada | Series B | 6484 | [+5] | |
Oct 16, 2020 | United States | Series D | 3177 |
Acquired companies in Dcode Capital's Portfolio
3 companies from Dcode Capital's portfolio have been acquired. The most recent acquisition was UrbanFootprint in Jun 2025 by LightBox for $*****.Here are Dcode Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 24, 2025 | May 18, 2022 | Series B | 9962 | |
Dec 18, 2023 | - | - | 4006 | |
Jan 06, 2022 | - | - | 4389 |
Team profile of Dcode Capital
Dcode Capital has a team of 3 members including 3 Partners located in United States. Dcode Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Dcode Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Washington, DC | - | ||
Partner | Bluffton | - | ||
Partner | Washington, DC | - |
Co-investors of Dcode Capital
Over the past 6 years, 49 investors have co-invested in Dcode Capital's portfolio companies. This includes funds and angels.
- Invested before Dcode Capital: In-Q-Tel, Grotech Ventures and 36 others have invested in rounds before Dcode Capital. There are 2 companies where In-Q-Tel has invested before Dcode Capital and 1 company where Grotech Ventures has invested before Dcode Capital.
- Top Co-investors of Dcode Capital: 9 investors entered a company along with Dcode Capital. These include investors like Contour Venture Partners (1 company).
- Invested after Dcode Capital: Accenture Ventures (1 company) and Delta-v Capital (1 company) are the investors which have invested in Dcode Capital's portfolio after their investments.
Recent News related to Dcode Capital
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Nucleus Security: Funding Raised From Dcode CapitalPulse 2.0•Sep 03, 2024•Nucleus, Dcode Capital, J P Morgan, Arthur Ventures and 4 others
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Nucleus Security Receives Investment from Dcode CapitalFinSMEs•Aug 21, 2024•Nucleus, Dcode Capital, In-Q-Tel, Arthur Ventures and 1 other
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RC Capital raises new $250 million fundTeknovation•Apr 05, 2024•C Capital Management, RC Capital, Dcode Capital, Matter Venture Partners
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Developer of L5 GNSS Signal Receiver Gains Further Investment From Dcode CapitalExecutiveBiz•Dec 08, 2023•oneNav, Dcode Capital
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Dcode Capital Secures Strategic Investment from J.P. Morgan Asset ManagementClayton County Register•Sep 06, 2023•Dcode Capital, J.P. Morgan Asset Management, J P Morgan
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Women-founded accelerator indicates plan to raise $50M fundThe Business Journals•May 31, 2022•Dcode Capital
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Hyas Looks To Develop Cybersecurity Product With $20 Million Cad Series B RoundBetaKit•Feb 25, 2021•Hyas, S3 Ventures, Uncorrelated Ventures, Cyber Mentor Fund and 4 others
