About Dell Technologies Capital
Dell Technologies Capital is a venture capital firm founded in 2012. It is primarily based out of Palo Alto, United States. As of Oct 2026, Dell Technologies Capital is an active investor, having invested in 165 companies, with 10 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 High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series B round of Arena Overall, Dell Technologies Capital portfolio has seen 20 unicorns, 8 IPOs and 70 acquisitions including key companies like DocuSign, MongoDB and Zscaler. A lot of funds co-invest with Dell Technologies Capital, with names like Intel Capital sharing a substantial percentage of its portfolio. Dell Technologies Capital has team of 14 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 5 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Dell Technologies Capital's List of Top Investments
Dell Technologies Capital has a portfolio of 165 companies, including 20 unicorns. Their most notable investments are in SiMa.ai and Swish.ai.Their portfolio spans across United States, Israel, United Kingdom and 6 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 20 other sectors, across stages such as Series A, Series B and 5 more. Here is the list of top investments by Dell Technologies Capital:
1. DocuSign
Provider of electronic signature and intelligent agreement management platform solutions. The platform offers tools for contract lifecycle management, agreement preparation, and agreement workflow automation. It provides features such as electronic notarization, web forms, and multi-channel delivery options. The platform extends its capabilities through integrations, APIs, and a mobile application.
Key facts about DocuSign
- Founded Year: 2003
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $520M
- Employee Count: 8,545 as on Sep 30, 2026
- Investors: HTIF, Glynn Capital and 92 Others
- Latest Funding Round: Post IPO, Jul 20, 2020, $*****
- Highlight: Public
2. MongoDB
Provider of a cloud-based database-as-a-service platform. The platform uses distributed infrastructure on commodity servers and supports developers in building mobile and web applications. Features of the product include data visualization, vector search, stream processing, cluster distribution, and more.
Key facts about MongoDB
- Founded Year: 2007
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $311M
- Employee Count: 8,070 as on Sep 30, 2026
- Investors: HTIF, Intel and 26 Others
- Latest Funding Round: Post IPO, Jan 10, 2020, $*****
- Highlight: Public
3. Zscaler
Provider of cloud-based security solutions for enterprise zero trust architecture. It offers a platform designed to secure user, workload, and device communication across various environments. The platform focuses on stopping cyberattacks, preventing data loss, and enabling secure AI adoption. It provides tools for cyberthreat protection, data security, and digital experience optimization.
Key facts about Zscaler
- Founded Year: 2007
- Location: San Jose (United States)
- Stage: Public
- Total Funding till date: $148M
- Employee Count: 9,616 as on Sep 30, 2026
- Investors: HTIF, Sprout Capital Partners and 18 Others
- Latest Funding Round: Post IPO, Jun 23, 2020, $*****
- Highlight: Public
4. Webflow
Cloud based website development platform. It provides a visual editor that enables users to develop and customize websites. It allows users to develop websites using HTML, and CSS that translates the design to code and publish it on the web. It generates markup and stylesheets and adds code to function across different browsers. It caters its solution to designers, developers, and marketers.
Key facts about Webflow
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $336M
- Employee Count: 1,710 as on May 31, 2026
- Investors: Meritech, Silversmith Capital Partners and 40 Others
- Latest Funding Round: Series C, Mar 16, 2022, $*****
- Highlight: Editors' Pick
5. Netskope
Cloud security platform for enterprises. It is a security platform that provides cloud, data, and network security solutions. The platform assists organizations to provide visibility into activities over cloud, web, and private applications. The solutions includes data loss prevention, remote browser isolation, an cloud firewall, and many more.
Key facts about Netskope
- Founded Year: 2012
- Location: Santa Clara (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $1.44B
- Employee Count: 3,396 as on Aug 31, 2026
- Investors: Avitas Capital, Sapphire Ventures and 37 Others
- Latest Funding Round: Series I, Jan 05, 2023, $*****
- Highlight: Public
Dell Technologies Capital's Year-on-Year Investment Trends
Dell Technologies Capital has invested in 165 companies over the last 14 years, with an average of 10 new investments annually in the last 10 years. In 2025, it made 15 investments, while as of Oct 2026, it has made 11 investments in this year. Its most recent first time investment was in Arena and most recent follow-on round was in SiMa.ai.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 3 | 11 |
2025 | 8 | 7 | 15 |
2024 | 6 | 3 | 9 |
2023 | 7 | 6 | 13 |
2022 | 9 | 10 | 19 |
2021 | 13 | 13 | 26 |
2020 | 18 | 4 | 22 |
2019 | 10 | 5 | 15 |
2018 | 10 | 2 | 12 |
2017 | 11 | 1 | 12 |
Dell Technologies Capital's Investments by Stage
Dell Technologies Capital has made 39 investments in Series A stage with an average round size of $19.9M, 22 investments in Series B stage with an average round size of $45.1M and 19 investments in Seed stage with an average round size of $16.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 39 |
Series B | 22 |
Seed | 19 |
Series C | 14 |
Series D | 5 |
Others | 6 |
Note: We have considered here, only first round of investments
Dell Technologies Capital's Investments by Sector
Dell Technologies Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Industrial Goods and Manufacturing and Artificial Intelligence - Industry Applications. Notably, it has invested in 161 Enterprise (B2B) companies, 161 Tech companies, 148 Software companies and at least 110 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 92 |
Enterprise Infrastructure | 62 |
High Tech | 36 |
Industrial Goods and Manufacturing | 8 |
Artificial Intelligence - Industry Applications | 7 |
Others | 34 |
Note: We have considered here, only first round of investments
Dell Technologies Capital's Investments by Geography
Dell Technologies Capital has made most investments in United States (82), followed by Israel where it has made 15 investments.Country | No. of Investments |
|---|---|
United States | 82 |
Israel | 15 |
United Kingdom | 4 |
France | 2 |
India | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
Dell Technologies Capital's recent investments
Dell Technologies Capital has made 11 investments in 2026 so far. Arena and Ascerta-Corp are the latest among them.Here are the most recent investments by Dell Technologies Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 08, 2026 | United States | Series B | 4951 | ||
Sep 30, 2026 | United States | Series A | 7318 | [+2] | |
Sep 28, 2026 | United States | Series C | 1479 | [+10] | |
Sep 02, 2026 | - | Series C | 7727 | [+3] | |
Aug 12, 2026 | United States | Series C | 6376 | [+4] |
Unicorns in Dell Technologies Capital's Portfolio
Dell Technologies Capital has 20 unicorns in its portfolio - SiMa.ai, Prime Intellect, RunPod and others. The most recent unicorn in their portfolio is SiMa.ai. It became a unicorn in 2026, 6 years after Dell Technologies Capital first invested in it.Here is a list of unicorns in Dell Technologies Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Developer of hardware and software platform for physical artificial intelligence | 2018 | San Jose | Series C | ppj{qtf | ||
63 | Provider of compute and infrastructure platform for agentic model development | 2023 | San Francisco | Series A | yjrmeej | ||
58 | Provider of cloud GPU infrastructure for AI model development and deployment | 2022 | Moorestown | Series A | bopbien | ||
67 | Provider of a platform for benchmarking and comparing AI models | 2025 | San Francisco | Series B | {dggnxl | ||
64 | Distyl AI creates generative artificial intelligence solutions | 2022 | San Francisco | Series B | nsykanh |
IPOs and Publicly Listed companies in Dell Technologies Capital's Portfolio
8 of Dell Technologies Capital's portfolio companies have become public. Netskope got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2025 at marketcap of $908M and Xometry got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $1.77B.Here are Dell Technologies Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 18, 2025 | - | - | 4368 | |
Jun 30, 2021 | Sep 09, 2020 | Series E | 1580 | |
Sep 16, 2020 | Oct 04, 2018 | Series D | 4065 | |
Apr 27, 2018 | May 27, 2015 | Series F | 6561 | |
Mar 16, 2018 | - | - | 5130 |
Acquired companies in Dell Technologies Capital's Portfolio
70 companies from Dell Technologies Capital's portfolio have been acquired. The most recent acquisition was Daybreak in Sep 2026 by Statecraft AI for $*****.Here are Dell Technologies Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 24, 2026 | Jun 26, 2018 | Series B | 1645 | |
Jul 11, 2026 | Jun 18, 2024 | Series A | 6416 | |
Jun 17, 2026 | Nov 18, 2021 | Series A | 4133 | |
May 14, 2026 | May 02, 2024 | Series A | 7145 | |
May 05, 2026 | Dec 2012 | Series A | 2669 |
Team profile of Dell Technologies Capital
Dell Technologies Capital has a team of 14 members including 5 Partners and 1 Principal located in United States. Dell Technologies Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Dell Technologies Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Menlo Park | - | ||
Partner | Palo Alto | - | ||
Partner | San Francisco | - | ||
Partner | Pleasanton | - | ||
Partner | Boston | - | ||
Principal | - | - | - |
Co-investors of Dell Technologies Capital
Over the past 14 years, 752 investors have co-invested in Dell Technologies Capital's portfolio companies. This includes funds and angels.
- Invested before Dell Technologies Capital: Dell Technologies, Andreessen Horowitz and 281 others have invested in rounds before Dell Technologies Capital. There are 9 companies where Dell Technologies has invested before Dell Technologies Capital and 5 companies where Andreessen Horowitz has invested before Dell Technologies Capital.
- Top Co-investors of Dell Technologies Capital: 273 investors entered a company along with Dell Technologies Capital. These include investors like Intel Capital (8 companies).
- Invested after Dell Technologies Capital: A total of 196 investors have invested in Dell Technologies Capital's portfolio after their investments. Top Investors include Insight Partners (4 companies), Sapphire Ventures (3 companies) and Wipro (3 companies).
Recent News related to Dell Technologies Capital
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Fly.io Raises $25M Series D for AI Agent Cloud InfrastructureThe SaaS News•Jul 27, 2026•Fly, Dell Technologies Capital, Intel Capital, EQT and 3 others
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Prime Intellect Raises $130M at $1B Valuation for AI Training PlatformSiliconAngle•Jul 09, 2026•Prime Intellect, NVentures, Radical Ventures, LeapXpert and 8 others
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Bland Secures $50M Series C Funding Led by Dell Technologies Capital to Scale Voice AI PlatformThe SaaS News•Jun 17, 2026•Dell Technologies Capital, Archerman Capital, HubSpot, Y Combinator and 12 others
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Limitless Labs Secures $20M Series A for AI Agents in Precision ManufacturingSiliconAngle•Jun 16, 2026•Square Peg, Dell, Dell Technologies Capital
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Sycamore Raises $65M to Build the Trusted Agent Operating System for the EnterpriseSalesTech Star•Mar 31, 2026•E14 Fund, Coatue, Fellows Fund, Dell Technologies Capital and 5 others
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Runpod Hits $120M ARR After Reddit Attention; Founders Zhen Lu and Pardeep Singh Secured $20M Seed RoundNewsdirectory3•Jan 17, 2026•RunPod, Dell Technologies Capital, Intel Capital, Intel and 1 other