About DST Global
DST Global is a venture capital firm founded in 2009. It is primarily based out of Cayman Islands. As of Sep 2026, DST Global is an active investor, having invested in 234 companies, with 29 new investments in the last 12 months. It primarily invests in Series C 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 D round of Clay Overall, DST Global portfolio has seen 71 unicorns, 28 IPOs and 35 acquisitions including key companies like Flipkart, Nubank and Robinhood. A lot of funds co-invest with DST Global, with names like Tiger Global Management sharing a substantial percentage of its portfolio. DST Global has team of 32 people including 12 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series C & 9 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
DST Global's List of Top Investments
DST Global has a portfolio of 234 companies, including 71 unicorns. Their most notable investments are in Wish Shopping and Fazz.Their portfolio spans across United States, China, India and 31 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 33 other sectors, across stages such as Series A, Series C and 9 more. Here is the list of top investments by DST Global:
1. Flipkart
Online retailer of various products including electronics, fashion, and groceries. The business provides an array of items such as mobile devices, laptops, televisions, and home appliances. Customers can also find clothing, footwear, beauty products, and home furnishings. Additionally, the retailer offers grocery items, baby care products, and sports equipment.
Key facts about Flipkart
- Founded Year: 2007
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $12.1B
- Employee Count: 18,938 as on May 31, 2026
- Investors: Helion Venture Partners, SeedFord Partners and 126 Others
- Latest Funding Round: Series J, May 25, 2024, $*****
- Highlight: Acquired

2. Nubank
Provider of digital banking services, including credit cards and accounts. It offers various financial solutions through its application. These solutions include tools for managing money and protecting finances. The company focuses on providing accessible and straightforward banking experiences.
Key facts about Nubank
- Founded Year: 2013
- Location: Sao Paulo (Brazil)
- Annual Revenue: €1B+ as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 12,692 as on Jul 31, 2026
- Investors: Berkshire Hathaway, Harvest Growth Capital and 39 Others
- Latest Funding Round: Series G, Jun 08, 2021, $*****
- Highlight: Public

3. Robinhood
Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.
Key facts about Robinhood
- Founded Year: 2013
- Location: Menlo Park (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $5.73B
- Employee Count: 4,964 as on Aug 31, 2026
- Investors: HTIF, ADS Ventures and 155 Others
- Latest Funding Round: Post IPO, May 13, 2022, $*****
- Highlight: Public
4. Swiggy
Online platform that enables users to order food, groceries, and dining‑out options. It coordinates pickup and delivery services for a wide range of restaurants and retail partners.
Key facts about Swiggy
- Founded Year: 2013
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Stage: Public
- Total Funding till date: $3.62B
- Employee Count: 4,488 as on Mar 31, 2025
- Investors: Harmony Partners, Harmony Venture Partners and 90 Others
- Latest Funding Round: Post IPO, Dec 12, 2025, $*****
- Highlight: Public

5. Slack
Developer of communication software for team collaboration and project management. This platform facilitates messaging, file sharing, and audio or video meetings. It integrates with various third-party applications to automate workflows and manage tasks. Users organize conversations into channels to coordinate projects and share information. The software includes tools for searching archives, managing user profiles, and implementing security protocols for data protection. Artificial intelligence features assist with summarizing content, drafting responses, and managing automated agents to streamline routine work processes.
Key facts about Slack
- Founded Year: 2009
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.22B
- Employee Count: 2,615 as on Aug 31, 2026
- Investors: ADS Ventures, Glynn Capital and 69 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $*****
- Highlight: Acquired
DST Global's Year-on-Year Investment Trends
DST Global has invested in 237 companies over the last 20 years, with an average of 17 new investments annually in the last 10 years. In 2025, it made 28 investments, while as of Sep 2026, it has made 28 investments in this year. Its most recent first time investment was in Clay and most recent follow-on round was in Mistral AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 23 | 5 | 28 |
2025 | 17 | 11 | 28 |
2024 | 14 | 2 | 16 |
2023 | 8 | 5 | 13 |
2022 | 19 | 11 | 30 |
2021 | 44 | 23 | 67 |
2020 | 13 | 9 | 22 |
2019 | 13 | 10 | 23 |
2018 | 13 | 10 | 23 |
2017 | 7 | 5 | 12 |
DST Global's Investments by Stage
DST Global has made 54 investments in Series A stage with an average round size of $47.1M, 51 investments in Series C stage with an average round size of $204M and 46 investments in Series B stage with an average round size of $158M.Stage of entry | No. of Investments |
|---|---|
Series A | 54 |
Series C | 51 |
Series B | 46 |
Series D | 28 |
Seed | 16 |
Others | 25 |
Note: We have considered here, only first round of investments
DST Global's Investments by Sector
DST Global has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Retail and High Tech. Notably, it has invested in 225 Tech companies, 130 Enterprise (B2B) companies, 129 Consumer (B2C) companies and at least 117 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 91 |
Enterprise Applications | 83 |
FinTech | 67 |
Retail | 41 |
High Tech | 34 |
Others | 246 |
Note: We have considered here, only first round of investments
DST Global's Investments by Geography
DST Global has made most investments in United States (80), followed by China where it has made 28 investments.Country | No. of Investments |
|---|---|
United States | 80 |
China | 28 |
India | 26 |
United Kingdom | 13 |
France | 11 |
Others | 64 |
Note: We have considered here, only first round of investments
DST Global's recent investments
DST Global has made 28 investments in 2026 so far. Clay and Mistral AI are the latest among them.Here are the most recent investments by DST Global:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 09, 2026 | United States | Series D | 3927 | [+9] | |
Sep 08, 2026 | France | Series D | 6337 | [+21] | |
Sep 02, 2026 | Belgium | Series A | 8278 | [+3] | |
Aug 17, 2026 | United States | Series B | 5550 | [+14] | |
Aug 12, 2026 | Sweden | Series C | 3524 | [+12] |
Unicorns in DST Global's Portfolio
DST Global has 71 unicorns in its portfolio - Proxima Fusion, Ineffable, Resolve AI and others. The most recent unicorn in their portfolio is Proxima Fusion. It became a unicorn in 2026.Here is a list of unicorns in DST Global's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Developer of fusion power plants | 2023 | Munich | Series A | qyinykr | ||
51 | Developer of reinforcement learning algorithms for creating autonomous superintelligent systems | 2025 | London | Seed | ducyfyr | ||
63 | Provider of an AI platform for incident resolution and cost optimization | 2024 | San Francisco | Series A | aqcblcl | ||
60 | Platform offering cloud security software | 2022 | Ghent | Series B | wgwqlkg | ||
70 | Developer of artificial intelligence models for de novo molecular design | 2023 | San Francisco | Series C | d{uicux |
IPOs and Publicly Listed companies in DST Global's Portfolio
28 of DST Global's portfolio companies have become public. Shiprocket got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Aug 2026 at marketcap of $742M and Figure got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $4.34B.Here are DST Global's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 19, 2026 | Feb 07, 2021 | Series C | 2328 | |
Sep 11, 2025 | May 20, 2021 | Series D | 8754 | |
Sep 10, 2025 | Dec 08, 2011 | Series C | 1390 | |
Jun 12, 2025 | Mar 05, 2019 | Series D | 6041 | |
Nov 13, 2024 | Jun 05, 2015 | Series B | 5027 |
Acquired companies in DST Global's Portfolio
35 companies from DST Global's portfolio have been acquired. The most recent acquisition was Console in Sep 2026 by Palo Alto Networks for $*****.Here are DST Global's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 01, 2026 | Sep 18, 2025 | Series A | 8870 | |
Jul 16, 2026 | Mar 24, 2014 | Series B | 2429 | |
Jun 16, 2026 | Nov 13, 2025 | Series D | 8801 | |
Jan 22, 2026 | Oct 05, 2018 | Series C | 4958 | |
Jul 29, 2025 | May 12, 2022 | Series C | 4238 |
Team profile of DST Global
DST Global has a team of 32 members including 12 Partners, 1 Venture Partner and 9 Principals located in United States, China and 3 more locations. DST Global's team does not sit on the board of any company as of now.Here is a list of top team members in DST Global:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Hong Kong | - | ||
Partner | San Francisco | - | ||
Partner | United Kingdom | - | ||
Partner | Hong Kong | - | ||
Partner | New York City | - | ||
Partner | San Francisco | - | ||
Partner | Chaoyang | - | - | |
Partner | Hong Kong | - | ||
Partner | San Francisco | - | ||
Partner | Ukraine | - | ||
Partner | Boston | - |
Co-investors of DST Global
Over the past 20 years, 2911 investors have co-invested in DST Global's portfolio companies. This includes funds and angels.
- Invested before DST Global: Y Combinator, Sequoia Capital and 1147 others have invested in rounds before DST Global. There are 23 companies where Y Combinator has invested before DST Global and 18 companies where Sequoia Capital has invested before DST Global.
- Top Co-investors of DST Global: 648 investors entered a company along with DST Global. These include investors like Tiger Global Management (17 companies).
- Invested after DST Global: A total of 1114 investors have invested in DST Global's portfolio after their investments. Top Investors include SoftBank Vision Fund (17 companies), Baillie Gifford (15 companies) and Tiger Global Management (14 companies).
Recent News related to DST Global
•
DataCamp founder secures $50M for Conveo AI consumer research startupTech Funding News•Sep 02, 2026•Conveo, DST Global, Balderton Capital, Visionaries Club and 2 others
•
Peripheral Raises $8.7M in Seed FundingThe SaaS News•Aug 18, 2026•Deloitte, DST Global, Peripheral Labs, Inovia Capital and 1 other
•
Higgsfield Raises $400 Million at $5.4 Billion Valuation, Securing Investment from Goldman Sachs and IntelCnyes•Aug 17, 2026•Higgsfield, DST Global, Intel, Goldman Sachs and 13 others
•
Higgsfield Reportedly in Talks to Raise Up to $500M at $5B ValuationCryptocurrency•Aug 17, 2026•Higgsfield, Intel, Goldman Sachs, DST Global
•
Goldman Sachs: No Tech Valuation Bubble, But Potential Earnings Bubble ExistsThe Tribune•Aug 16, 2026•Goldman Sachs, Higgsfield, Ntt Docomo Ventures, DST Global and 6 others
•
Partly raises USD $50 million to expand Australia hiringCFOtech•Jul 21, 2026•Blackbird Ventures, DST Global, Partly
•
•
Proxima Fusion raises €411 million to build Europe’s fusion demonstratorVoxelMatters•Jul 10, 2026•Leitmotif, KfW Capital, XTX Markets, Proxima Fusion and 18 others
•
Tsuga raises $35 million to expand AI observabilityDataCenterNews•Jun 24, 2026•Tsuga, Singular, QuantumLight, DST Global and 6 others
•
Partly Secures $50 Million Series B Funding at $500 Million ValuationSuperbCrew•Jun 24, 2026•DST Global, Partly
