About IDG Ventures
IDG Ventures is a venture capital firm founded in 1996. It is primarily based out of San Francisco, United States. As of Feb 2021, IDG Ventures has invested in 93 companies. 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 Consumer and Retail. Most recently it participated in the $***** Seed round of Redcliffe Genetics Overall, IDG Ventures portfolio has seen 1 unicorn, 6 IPOs and 47 acquisitions including key companies like Coinbase, Shazam and Braze. A lot of funds co-invest with IDG Ventures, with names like Accel sharing a substantial percentage of its portfolio. IDG Ventures has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 6 more
Portfolio Unicorns
IDG Ventures' List of Top Investments
IDG Ventures has a portfolio of 93 companies, one of which is a Unicorn. Their most notable investments are in Fastly and i4cp.Their portfolio spans across United States, India, Singapore and 7 more locations. They have invested in Enterprise Applications, Consumer, Retail and 25 other sectors, across stages such as Series A, Seed and 6 more. Here is the list of top investments by IDG Ventures:
1. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,411 as on May 31, 2026
- Investors: TrueBridge, Vibhu Venture Partners and 148 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. Shazam
App-based music identification platform. It allows users to identify songs and connect them with artists, TV shows, ads, cinema, radio, and retail environments. The app is available for Android and iOS users. It also provides top music charts on various platforms.
Key facts about Shazam
- Founded Year: 2000
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $149M
- Employee Count: 264 as on May 31, 2026
- Investors: Harmony Venture Partners, TTC and 22 Others
- Latest Funding Round: Series C, Feb 05, 2015, $*****
- Highlight: Acquired
3. Braze
Provider of a platform for cross-channel customer engagement and messaging. The platform unifies data, facilitates AI-powered decisioning, and enables personalized customer experiences. It offers tools for journey orchestration, reporting, and analytics across various channels. The platform supports email, mobile app messaging, web messaging, and SMS/RCS communications.
Key facts about Braze
- Founded Year: 2011
- Location: New York City (United States)
- Annual Revenue: $500M - $1B as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $175M
- Employee Count: 2,302 as on May 31, 2026
- Investors: Meritech, Icon Ventures and 23 Others
- Latest Funding Round: Series E, Oct 03, 2018, $*****
- Highlight: Public
4. PlaySimple
Mobile games developer focusing on cognitive learning games. The platform offers a differnt types of word games, puzzles, and relaxing gameplay options. The games are available on app store, playstore, and amazon.
Key facts about PlaySimple
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $4.5M
- Employee Count: 359 as on Feb 28, 2025
- Investors: Google, Chiratae Ventures and 5 Others
- Latest Funding Round: Series A, Nov 11, 2016, $*****
- Highlight: Acquired
5. Fastly
Provider of edge cloud platform services for building and delivering applications. The platform enables creation of fast, secure, and scalable sites. It offers network services for secure networks with predictable pricing. The platform provides solutions for ecommerce, streaming media, travel, hospitality, and financial services.
Key facts about Fastly
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $224M
- Employee Count: 1,398 as on May 31, 2026
- Investors: August Capital, TrueBridge and 23 Others
- Latest Funding Round: Post IPO, Mar 03, 2021, $*****
- Highlight: Public
IDG Ventures' Year-on-Year Investment Trends
IDG Ventures has invested in 93 companies over the last 27 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Redcliffe Genetics and most recent follow-on round was in Fibe.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 2 | 2 | 4 |
2018 | 2 | 1 | 3 |
2017 | 3 | 1 | 4 |
IDG Ventures' Investments by Stage
IDG Ventures is primarily an Early Stage Investor investor majorly investing in Series A (46) rounds where average round size is $321M, Seed (17) rounds where average round size is $48.9M and Series B (10) rounds where average round size is $145M.Stage of entry | No. of Investments |
|---|---|
Series A | 46 |
Seed | 17 |
Series B | 10 |
Series C | 9 |
PE | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
IDG Ventures' Investments by Sector
IDG Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, Mobile and FinTech. Notably, it has invested in 76 Tech companies, 57 Enterprise (B2B) companies, 47 Software companies and at least 38 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 38 |
Consumer | 18 |
Enterprise Infrastructure | 12 |
Mobile | 10 |
FinTech | 9 |
Others | 80 |
Note: We have considered here, only first round of investments
IDG Ventures' Investments by Geography
IDG Ventures has made most investments in United States (58), followed by India where it has made 16 investments.Country | No. of Investments |
|---|---|
United States | 58 |
India | 16 |
Singapore | 3 |
Finland | 2 |
France | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
IDG Ventures' recent investments
IDG Ventures has not made any investment in 2026 so far.Here are the most recent investments by IDG Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 11, 2021 | India | Seed | 2039 | ||
Dec 26, 2019 | India | Series B | 4099 | [+1] | |
Jul 16, 2019 | Spain | Series B | 4894 | [+1] | |
Jul 01, 2019 | India | Series A | 3880 | [+9] | |
May 02, 2019 | United States | Series C | 5469 | [+3] |
Unicorns in IDG Ventures' Portfolio
IDG Ventures has 1 unicorn in its portfolio - XpressBees. The most recent unicorn in their portfolio is XpressBees which became a unicorn in 2022, 4 years before IDG Ventures first invested in it.Here is a list of unicorns in IDG Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of end-to-end logistics delivery and courier solutions | 2015 | Pune | Series G | mtxqzba |
IPOs and Publicly Listed companies in IDG Ventures' Portfolio
6 of IDG Ventures' portfolio companies have become public. Braze got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Nov 2021 at marketcap of $5.87B and Coinbase got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $28.7B.Here are IDG Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 17, 2021 | Nov 06, 2013 | Series A | 9888 | |
Apr 14, 2021 | Sep 26, 2012 | Seed | 9545 | |
May 17, 2019 | Oct 31, 2014 | Series C | 6484 | |
Apr 07, 2014 | Nov 01, 2010 | Series C | 6337 | |
Oct 18, 2013 | Jan 02, 2008 | Series A | 1577 |
Acquired companies in IDG Ventures' Portfolio
47 companies from IDG Ventures' portfolio have been acquired. The most recent acquisition was Fintellix in Jun 2025 by ICRA for $*****.Here are IDG Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2025 | Jan 08, 2010 | Series A | 5301 | |
Jul 27, 2023 | Nov 17, 2014 | Series A | 6683 | |
Oct 17, 2022 | Jun 20, 2012 | Series A | 4579 | |
Aug 06, 2022 | Oct 04, 2017 | Series A | 5819 | |
Jul 13, 2022 | Jan 22, 2015 | Seed | 3637 |
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Team profile of IDG Ventures
IDG Ventures has a team of 2 members including 2 Partners located in China and India. IDG Ventures' team does not sit on the board of any company as of now.Co-investors of IDG Ventures
Over the past 27 years, 771 investors have co-invested in IDG Ventures's portfolio companies. This includes funds and angels.
- Invested before IDG Ventures: Chiratae Ventures, Kunal Bahl and 294 others have invested in rounds before IDG Ventures. There are 6 companies where Chiratae Ventures has invested before IDG Ventures and 3 companies where Kunal Bahl has invested before IDG Ventures.
- Top Co-investors of IDG Ventures: 163 investors entered a company along with IDG Ventures. These include investors like Accel (7 companies).
- Invested after IDG Ventures: A total of 312 investors have invested in IDG Ventures's portfolio after their investments. Top Investors include Flybridge Capital Partners (8 companies), IDG Capital (4 companies) and Ridge Ventures (4 companies).
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