About DG Ventures
DG Ventures is a venture capital firm founded in 1995. It is primarily based out of San Francisco, United States. As of Nov 2023, DG Ventures has invested in 202 companies. It primarily invests in Series A round in Japan 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 $***** Seed round of NU Credits Overall, DG Ventures portfolio has seen 11 unicorns, 16 IPOs and 41 acquisitions including key companies like Facebook, LinkedIn and Lime. A lot of funds co-invest with DG Ventures, with names like Beenext sharing a substantial percentage of its portfolio. DG Ventures has team of 9 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio IPOs
DG Ventures' List of Top Investments
DG Ventures has a portfolio of 202 companies, including 11 unicorns. Their most notable investments are in iPaymy and AGE technologies.Their portfolio spans across United States, Japan, India and 16 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 32 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by DG Ventures:
1. Facebook
Operator of a social networking service facilitating connection and communication. Its services allows users to connect with friends, family, and other individuals. It provides tools for sharing updates, photos, and videos. The platform also offers features for creating and joining groups, following interests, and discovering content.
Key facts about Facebook
- Founded Year: 2004
- Location: Menlo Park (United States)
- Annual Revenue: $201B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 25,836 as on Mar 31, 2026
- Investors: TCV, Glynn Capital and 114 Others
- Latest Funding Round: Grant (prize money), Jan 15, 2017, $*****
- Highlight: Public
2. LinkedIn
Network of resources for professional networking, job searching, and skill development. It provides a platform for individuals to connect with other professionals in their industry. The network facilitates opportunities to find employment and internships across various sectors. Additionally, it offers learning resources for developing business, technical, and creative skills.
Key facts about LinkedIn
- Founded Year: 2002
- Location: Sunnyvale (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $144M
- Employee Count: 23,848 as on Mar 31, 2026
- Investors: TCV, Glynn Capital and 35 Others
- Latest Funding Round: Post IPO, Apr 17, 2013, $*****
- Highlight: Acquired
3. Gojek
App based platform offering on demand delivery and ride-hailing services. It enables users to book on-demand services like two-wheeler and four-wheeler hailing, on-demand delivery services like food, groceries, medicines, parcels, packages, goods, and shopping. It offers online payments via a digital wallet, and business management solutions with features such as order management, sales report analysis, and more. The app is available for both android and iOS devices.
Key facts about Gojek
4. Lime
App-based rental platform providing self-drive electric kick-scooter. The platform enables users to find the nearest available scooter and start the ride by scanning their QR code or access code. Users should provide rider details, payment details, location, and more for book the scooter. It offers features like variant payment options, and more. At the end of the ride, users can park the vehicle at their legal locations. Their mobile app is available for Android and iOS devices
Key facts about Lime
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.71B
- Employee Count: 2,609 as on Mar 31, 2026
- Investors: TriplePoint Capital, Meritech and 99 Others
- Latest Funding Round: Series D, Jul 04, 2022, $*****
- Highlight: Editors' Pick
5. X
Platform that aggregates and curates a wide range of content, including news, entertainment, and opinions. It is an online platform providing real-time news, entertainment, and commentary to its audience, featuring a wide range of topics including breaking news, sports, politics, and more. The platform also allows for live commentary and engagement with users, as well as hosting conversations with notable figures and thought leaders.
Key facts about X
- Founded Year: 1999
- Location: Bastrop (United States)
- Annual Revenue: $5.08B as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.14B
- Employee Count: 12,204 as on Mar 31, 2026
- Investors: SeedFord Partners, Silver Lake and 85 Others
- Latest Funding Round: Post IPO, Mar 20, 2025, $*****
- Highlight: Acquired
DG Ventures' Year-on-Year Investment Trends
DG Ventures has invested in 202 companies over the last 20 years, with an average of 5 new investments annually in the last 10 years. Its most recent first time investment was in NU Credits and most recent follow-on round was in AGE technologies.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 4 | 1 | 5 |
2022 | 7 | 2 | 9 |
2021 | 8 | 2 | 10 |
2020 | 4 | 1 | 5 |
2019 | 8 | 3 | 11 |
2018 | 9 | 1 | 10 |
2017 | 5 | 2 | 7 |
DG Ventures' Investments by Stage
DG Ventures has made 26 investments in Series A stage with an average round size of $7.82M, 25 investments in Seed stage with an average round size of $1.24M and 11 investments in Series B stage with an average round size of $20.9M.Stage of entry | No. of Investments |
|---|---|
Series A | 26 |
Seed | 25 |
Series B | 11 |
Series C | 8 |
PE | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
DG Ventures' Investments by Sector
DG Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, FinTech and High Tech. Notably, it has invested in 157 Tech companies, 108 Enterprise (B2B) companies, 93 Consumer (B2C) companies and at least 87 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
Consumer | 18 |
Retail | 11 |
FinTech | 9 |
High Tech | 8 |
Others | 63 |
Note: We have considered here, only first round of investments
DG Ventures' Investments by Geography
DG Ventures has made most investments in Japan (38), followed by United States where it has made 19 investments.Country | No. of Investments |
|---|---|
Japan | 38 |
United States | 19 |
India | 7 |
Singapore | 3 |
China | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
DG Ventures' recent investments
DG Ventures has not made any investment in 2026 so far.Here are the most recent investments by DG Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 02, 2023 | United Kingdom | Seed | 2667 | [+1] | |
Jun 21, 2023 | Japan | Series B | 9121 | [+6] | |
Apr 19, 2023 | Japan | Seed | 4845 | [+1] | |
Apr 12, 2023 | Japan | Series B | 3297 | [+3] | |
Mar 08, 2023 | Japan | Series A | 9759 |
Unicorns in DG Ventures' Portfolio
DG Ventures has 11 unicorns in its portfolio - Helium, NoBroker, GrubMarket and others. The most recent unicorn in their portfolio is Helium. It became a unicorn in 2022, 4 years before DG Ventures first invested in it.Here is a list of unicorns in DG Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Hardware mining solutions for cryptocurrency | 2006 | San Francisco | Series D | xjhwwkk | ||
73 | Online platform providing property listings and related services to individuals | 2014 | Bengaluru | Series E | dwwodqz | ||
75 | Provider of business to business eCommerce and enterprise AI solutions | 2014 | San Francisco | Series H | z{cbzgu | ||
66 | Provider of DevOps platform for Salesforce releases, testing, and compliance | 2013 | Chicago | Series C | {lbusmj | ||
77 | Developer of blockchain-based platform building crypto-financial infrastructure | 2014 | Montreal | Series C | qgcdlns |
IPOs and Publicly Listed companies in DG Ventures' Portfolio
16 of DG Ventures' portfolio companies have become public. Monstar Lab got listed on the Tokyo Stock Exchange (TSE), in Mar 2023 at marketcap of $174M and Sumasapo got listed on the Tokyo Stock Exchange (TSE) at marketcap of $13.3M.Here are DG Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 28, 2023 | Nov 01, 2015 | Series A | 2483 | |
Dec 29, 2022 | - | - | 3668 | |
Mar 26, 2021 | - | - | 4809 | |
Feb 05, 2021 | Apr 11, 2019 | Series C | 5486 | |
Dec 15, 2020 | - | - | 4712 |
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Acquired companies in DG Ventures' Portfolio
41 companies from DG Ventures' portfolio have been acquired. The most recent acquisition were SpotHero in Feb 2026 by Uber.Here are DG Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 23, 2026 | - | - | 7549 | |
Dec 17, 2025 | - | - | 4517 | |
Jul 15, 2025 | Jun 22, 2021 | Series A | 1972 | |
Mar 29, 2025 | - | - | 2906 | |
Mar 05, 2025 | Nov 13, 2015 | Series C | 3457 |
Team profile of DG Ventures
DG Ventures has a team of 9 members including 3 Partners, 1 Venture Partner and 2 Principals located in Japan and United States. DG Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in DG Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Japan | - | - | |
Partner | San Francisco | - | - | |
Partner | Tokyo | - | - | |
Venture Partner | Tokyo | - | - | |
Principal | Tokyo | - | - | |
Principal | - | - | - |
Co-investors of DG Ventures
Over the past 20 years, 650 investors have co-invested in DG Ventures's portfolio companies. This includes funds and angels.
- Invested before DG Ventures: Beenext, 500 Global and 213 others have invested in rounds before DG Ventures. There are 6 companies where Beenext has invested before DG Ventures and 6 companies where 500 Global has invested before DG Ventures.
- Top Co-investors of DG Ventures: 166 investors entered a company along with DG Ventures. These include investors like Beenext (5 companies).
- Invested after DG Ventures: A total of 269 investors have invested in DG Ventures's portfolio after their investments. Top Investors include Digital Garage (3 companies), Mitsubishi UFJ Capital (3 companies) and Salesforce Ventures (3 companies).
Recent News related to DG Ventures
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Archeda raises funds in pre-series A round for natural environment analysis service Green Insightstartuplog.com•Jun 10, 2025•Archeda, Invenergy, DG Ventures
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AGE technologies, which operates inheritance procedure DX "Sozoku.com", raises 590 million yen including debt in Series BTHE BRIDGE•Apr 13, 2023•AGE technologies, Sozoku, Resona Group, DG Ventures and 1 other
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SafeAI Raises $38 Million Series B Funding to Accelerate the Deployment of Autonomous Heavy EquipmentFinancial Post•Dec 14, 2022•Safe AI, Builders VC, McKinley Capital, George Kaiser Family Foundation and 11 others
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Approximately 100 million yen was raised from Jigowatts, Digital Garage Group, etc.PR TIMES•Oct 18, 2022•Jigowatts, DG Ventures, Open Network Lab, ESG Investing and 1 other
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Eyeing nicotine replacement market, Qnovia bags $17M to take inhaled delivery device into the clinicFiercepharma•Oct 04, 2022•Vice Ventures, Qnovia, Blue Ledge Capital, DG Ventures and 4 others
