About Draper Richards
Draper Richards is a venture capital firm founded in 1996. It is primarily based out of Menlo Park, United States. As of Apr 2013, Draper Richards has invested in 61 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 High Tech and Consumer. Most recently it participated in the $***** Series D round of Flurry Overall, Draper Richards portfolio has seen 3 IPOs and 34 acquisitions including key companies like athenahealth, Century Link and Ooma. A lot of funds co-invest with Draper Richards, with names like DFJ sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Draper Richards' List of Top Investments
Draper Richards has a portfolio of 61 companies. Their most notable investments are in Nusym Technology and Prolacta Bioscience.Their portfolio spans across United States, Luxembourg and United Arab Emirates. They have invested in Enterprise Applications, High Tech, Consumer and 17 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Draper Richards:1. athenahealth
Cloud-based administrative tool for healthcare providers. The company has developed EHR, practice management, and population health solutions. The features include EHR, practice management, revenue cycle management (RCM), patient engagement, population health services, care coordination, clinical decision support, and more.
Key facts about athenahealth
- Founded Year: 1997
- Location: Watertown (United States)
- Annual Revenue: $1.22B as on Dec 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $49.1M
- Employee Count: 8,831 as on Mar 31, 2026
- Investors: Ares Capital Corporation, Oak HC/FT and 11 Others
- Latest Funding Round: Series B, Apr 27, 2004, $*****
- Highlight: Acquired
2. Century Link
Provider of residential and business communication services, including internet, TV, and phone. The company delivers internet access through fiber optic and traditional networks. TV services are available through satellite partnerships and streaming options. Phone services include landline and VoIP plans for homes and businesses.
Key facts about Century Link
- Founded Year: 1930
- Location: Monroe (United States)
- Annual Revenue: $10.4B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $20M
- Employee Count: 24,284 as on Dec 01, 2025
- Investors: Temasek, Windspeed Ventures and 3 Others
- Latest Funding Round: Conventional Debt, Sep 25, 2019, $*****
- Highlight: Public
3. Ooma
Provider of cloud-based business telephony and home security services. It offers office business phones that provide local and long-distance cloud-based telephony (with custom calling features including virtual receptionist, extension dialling, call forwarding, voicemail forwarding, call transfer, etc). For consumers, it provides PureVoice HD voice quality, advanced functionality, and integration with their mobile devices. Ooma’s home security solution delivers a full range of wireless security sensors and a smart video camera, putting consumers in charge of protecting their homes. Additionally, it provides phone numbers, mobile applications, etc. It also caters to residential customers.
Key facts about Ooma
- Founded Year: 2004
- Location: Palo Alto (United States)
- Annual Revenue: $257M as on Jan 31, 2025
- Stage: Public
- Total Funding till date: $88M
- Employee Count: 454 as on Jan 31, 2023
- Investors: Worldview Technology Partners, TDF Ventures and 8 Others
- Latest Funding Round: Post IPO, Jun 21, 2017, $*****
- Highlight: Public
4. OpenTable
Provider of reservation management solutions for restaurants. The platform provides reservation management, a chatbot, delivery management, sales management, and more.
Key facts about OpenTable
- Founded Year: 1998
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $12M
- Employee Count: 2,124 as on Jan 10, 2026
- Investors: American Express Ventures, W Capital Partners and 13 Others
- Latest Funding Round: Series B, Feb 16, 2000, $*****
- Highlight: Acquired
5. Skype
Skype is a software application that enables video chat, call, share videos and text messages over the internet. Skype to Skype calls is free while calls to landline and mobile phones are charged through Skype credit account. Skype supports conference calls, video chats, and screen sharing between 25 people at a time for free. It is a peer-to-peer system rather than client-server system, unlike other VOIP services.
Key facts about Skype
- Founded Year: 2002
- Location: Luxembourg
- Stage: Acquired
- Total Funding till date: $26.8M
- Investors: Silver Lake, CampVentures and 18 Others
- Latest Funding Round: Series B, Apr 16, 2010, $*****
- Highlight: Acquired
Draper Richards' Investments by Stage
Draper Richards has made 14 investments in Series A stage with an average round size of $6.64M, 13 investments in Series B stage with an average round size of $8.42M and 1 investment in Series C stage with an average round size of $16M.Stage of entry | No. of Investments |
|---|---|
Series A | 14 |
Series B | 13 |
Series C | 1 |
Note: We have considered here, only first round of investments
Draper Richards' Investments by Sector
Draper Richards has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, Retail and Semiconductors. Notably, it has invested in 45 Tech companies, 38 Enterprise (B2B) companies, 30 Software companies and at least 20 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Consumer | 8 |
Vertical SaaS | 6 |
Retail | 4 |
Semiconductors | 4 |
Others | 26 |
Note: We have considered here, only first round of investments
Draper Richards' Investments by Geography
Draper Richards has made most investments in United States (28).Draper Richards' recent investments
Draper Richards has not made any investment in 2026 so far.Here are the most recent investments by Draper Richards:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 10, 2013 | United States | Series D | 1844 | [+5] | |
Dec 03, 2010 | United States | Series C | 9910 | [+1] | |
Jan 12, 2010 | United States | Series B | 7067 | [+3] | |
Oct 12, 2009 | United States | Series B | 3822 | ||
Aug 03, 2009 | United States | Series C | 2381 | [+2] |
IPOs and Publicly Listed companies in Draper Richards' Portfolio
3 of Draper Richards' portfolio companies have become public. Ooma got listed on the New York Stock Exchange (NYSE), in Jul 2015 at marketcap of $220M and iGO got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $232M.Here are Draper Richards' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 17, 2015 | Sep 22, 2008 | Series C | 7684 | |
Oct 14, 1999 | - | - | 7366 | |
Aug 26, 1988 | - | - | 3793 |
Acquired companies in Draper Richards' Portfolio
34 companies from Draper Richards' portfolio have been acquired. The most recent acquisition was PowerReviews in Aug 2023 by 1WorldSync for $*****.Here are Draper Richards' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 22, 2023 | Sep 10, 2007 | Series A | 8391 | |
Nov 22, 2021 | Oct 1999 | Series A | 1122 | |
Mar 11, 2021 | 2007 | Series A | 4478 | |
Feb 10, 2021 | Dec 03, 1999 | Series B | 2094 | |
Jul 19, 2018 | - | - | 2775 |
Co-investors of Draper Richards
Over the past 27 years, 120 investors have co-invested in Draper Richards's portfolio companies. This includes funds and angels.
- Invested before Draper Richards: DFJ, Worldview Technology Partners and 7 others have invested in rounds before Draper Richards. There are 2 companies where DFJ has invested before Draper Richards and 1 company where Worldview Technology Partners has invested before Draper Richards.
- Top Co-investors of Draper Richards: 49 investors entered a company along with Draper Richards. These include investors like DFJ (7 companies).
- Invested after Draper Richards: A total of 62 investors have invested in Draper Richards's portfolio after their investments. Top Investors include MMV Financial (2 companies), Crosslink Capital (2 companies) and Draper (2 companies).
Recent News related to Draper Richards
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Dimdim Gets $6 Million For Open Sourced Web Meetings – TechCrunchTechCrunch+•Jul 09, 2017•Dimdim, Index Ventures, Draper Richards, Nexus Venture Partners
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Livingly Media sold to Paris Web company for $25 millionNew York Post•Feb 25, 2015•Livingly Media, Menlo Ventures, Draper Richards
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Under Ballmer's Reign at Microsoft, 41 VC-Backed Company Acquisitions - PE HubPE Hub•Sep 09, 2013•MongoMusic, Nokia Growth Partners, Sony Music, Argus Capital and 1 other
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Flurry's knowledge is power as it raises a whopping $25M for mobile app analytics | GamesBeatVentureBeat•Nov 02, 2012•Flurry, Crosslink Capital, Menlo Ventures, DFJ and 4 others
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Flurry Adds $7 Million In Funding Just One Month After Merging With Pinch MediaThe Next Web•Jan 12, 2010•Flurry, InterWest Partners, DFJ, Union Square Ventures and 2 others
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Flurry Closes $7M Series B Financing |FinSMEsFinSMEs•Jan 12, 2010•Flurry, InterWest Partners, DFJ, Union Square Ventures and 2 others
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Nusym Raises Second RoundPE Hub•Aug 22, 2008•Nusym Technology, Voyager Capital, Woodside Fund, Draper Richards
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Deal Radar 2008: PayCycle | Sramana MitraSramana Mitra•May 27, 2008•PayCycle, TTV Capital, August Capital, DCM Ventures and 1 other
