About DAG Ventures
DAG Ventures is a venture capital firm founded in 2004. It is primarily based out of Palo Alto, United States. As of May 2022, DAG Ventures has invested in 173 companies. 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 Enterprise Infrastructure. Most recently it led the $122M Series B round of Point Digital Finance along with Prudential. This round also saw participation from Ribbit Capital and other investors.
Overall, DAG Ventures portfolio has seen 5 unicorns, 18 IPOs and 101 acquisitions including key companies like Zynga, Glassdoor and RingCentral. A lot of funds co-invest with DAG Ventures, with names like Kleiner Perkins sharing a substantial percentage of its portfolio.
DAG Ventures has team of 6 people including 5 partners.
Key Metrics
Team Members
, &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B &
Portfolio Soonicorns
DAG Ventures' List of Top Investments
DAG Ventures has a portfolio of 173 companies, including 5 unicorns. Their most notable investments are in Numerify and YuMe.Their portfolio spans across United States, Israel, United KingdomÌý²¹²Ô»å 4 more locations. They have invested in Enterprise Applications, Consumer, Enterprise InfrastructureÌý²¹²Ô»å 28 other sectors, across stages such as Series C, Series B Ìý²¹²Ô»å 8 more. Here is the list of top investments by DAG Ventures:1. Zynga
Casual games developer and publisher for mobile and web platforms. The games developed by the company inlcude High heels, Cashier 3D, Blob runner 3D, and many more. The games are available for iOS and Android users.
Key facts about Zynga
- Founded Year: 2007
- Location: San Francisco (United States)
- Annual Revenue: $2.8B as on Dec 31, 2021
- Stage: Acquired
- Total Funding till date: $526M
- Employee Count: 1,084 as on Dec 31, 2015
- Investors: Kaplan Group Investments, DAG Ventures and 36 Others
- Latest Funding Round: Post IPO, Dec 15, 2020, $762M
- Highlight: Acquired
2. Glassdoor
Glassdoor is an anonymous employee review and job search portal. Users can find out reviews about various companies from the employees of the companies on interview process, salary, etc. It also offers a job search and recruiting platform. where users can get to know about the job opening and apply for it from the platform.
Key facts about Glassdoor
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $202M
- Employee Count: 774 as on Dec 31, 2018
- Investors: DAG Ventures, Sutter Hill Ventures and 10 Others
- Latest Funding Round: Series H, Jun 03, 2016, $40M
- Highlight: Acquired
3. RingCentral
Cloud based platform offering unified communication solutions. It offers products with features including video and audio conferencing, team messaging, screen or file sharing, online meeting management, real-time analytics, and live reports. The company caters to industries such as health care, education, finance, retail, government, nonprofit organizations, etc. It enables user access on a subscription-based pricing model.
Key facts about RingCentral
- Founded Year: 1999
- Location: Belmont (United States)
- Annual Revenue: $674M as on Dec 31, 2018
- Stage: Public
- Total Funding till date: $44M
- Employee Count: 4,084 as on Dec 31, 2023
- Investors: DAG Ventures, TriplePoint Capital and 11 Others
- Latest Funding Round: Post IPO, Sep 10, 2020, $650M
- Highlight: Public
4.
AI powered big data stack solutions. The platform automates and orchestrates data pipelines to streamline data engineering process. Its features include multi function analytics, hybrid, and multi cloud variation, data warehouses, data mesh, visualization, and more. It caters to industries such as healthcare, retail, education, manufacturing, and telecom.
Key facts about Cloudera
- Founded Year: 2008
- Location: Palo Alto (United States)
- Annual Revenue: $869M as on Jan 31, 2021
- Last Known Valuation: $3.7B as on Jun 01, 2021
- Stage: Acquired
- Total Funding till date: $1.04B
- Employee Count: 1,124 as on Dec 31, 2018
- Investors: DAG Ventures, Glynn Capital and
- Latest Funding Round: Series F, 2015
- Highlight: Acquired
5.
AI-based accounting and financial management solutions for individuals and businesses. Its products include Quick Books, Mint, Turbo Tax, and more. It provides solutions for accounting management, payroll processing, personal finance, tax preparation, and filing. It offers solutions including Lacerate tax, Pro Connect tax, and Pro Series for accountants to manage tax.
Key facts about Intuit
- Founded Year: 1983
- Location: Mountain View (United States)
- Stage: Public
- Employee Count: 18,800 as on Jul 31, 2024
- Investors: DAG Ventures, Kleiner Perkins and
- Latest Funding Round: Grant (prize money), Nov 01, 2020, $96.3K
- Highlight: Public
DAG Ventures' Year-on-Year Investment Trends
DAG Ventures has invested in 173 companies over the last 20 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Pavilion and most recent follow-on round was in Point Digital Finance.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 1 | 2 |
2021 | 1 | 1 | 2 |
2020 | 1 | 0 | 1 |
2019 | 3 | 2 | 5 |
2018 | 6 | 2 | 8 |
2017 | 3 | 1 | 4 |
2016 | 0 | 4 | 4 |
Get DAG Ventures' portfolio delivered to your inbox!
DAG Ventures' Investments by Stage
DAG Ventures is primarily an Late Stage Investor investor majorly investing in Series C (51) rounds where average round size is $1.15B, Series B (42) rounds where average round size is $955M and Series D (19) rounds where average round size is $576M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series C | 51 |
Series B | 42 |
Series D | 19 |
Series A | 10 |
Series E | 6 |
Others | 5 |
DAG Ventures' Investments by Sector
DAG Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, High Tech and FinTech. Notably, it has invested in 148 Tech companies, 114 Enterprise (B2B) companies, 58 Software companies and at least 54 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 50 |
Consumer | 30 |
Enterprise Infrastructure | 29 |
High Tech | 17 |
FinTech | 13 |
Others | 116 |
DAG Ventures' Investments by Geography
DAG Ventures has made most investments in United States (125), followed by Israel where it has made 3 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 125 |
Israel | 3 |
United Kingdom | 3 |
India | 1 |
Malaysia | 1 |
Others | 2 |
DAG Ventures' recent investments
Here are the most recent investments by DAG Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 03, 2022 | United States | Series C | $115M | WestCap [+7] | |
Jan 20, 2022 | United States | Series D | $45M | Artiman [+9] | |
Nov 13, 2021 | Singapore | Seed | Undisclosed | [+11] | |
Jul 28, 2021 | United States | Series D | $150M | [+8] | |
Jul 21, 2020 | United States | Series E | $170M | DFJ Growth [+8] |
Get the detailed list of all investments by DAG Ventures. Download now!Unicorns in DAG Ventures' Portfolio
Here is a list of unicorns in DAG Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Cloud-based product search solution for e-commerce retailers | 2012 | San Francisco | Series D | dbxxinp | ||
68 | AI based network detection and response solutions | 2010 | San Jose | Series F | swpaune | ||
69 | Provider of tools to create & play games | 2016 | Seattle | Series F | fyxrgzk | ||
73 | Cloud based marketing optimization platform for deep linking | 2014 | Palo Alto | Series F | ixwesbv | ||
61 | Programmatic demand side platform | 2007 | New York City | Series D | ekhnxsk |
IPOs and Publicly Listed companies in DAG Ventures' Portfolio
Here are DAG Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 26, 2021 | Jul 24, 2012 | Series A | $18.6M | |
Feb 09, 2021 | - | - | - | |
Sep 26, 2019 | Jun 08, 2010 | Series D | $28M | |
Oct 03, 2018 | Jun 01, 2008 | Series C | $15M | |
Sep 19, 2018 | Oct 06, 2010 | Series D | $20M |
Acquired companies in DAG Ventures' Portfolio
Here are DAG Ventures' portfolio companies that got acquired most recently:
Team profile of DAG Ventures
DAG Ventures has a team of 6 membersÌýincluding 5 Partners and 1 Venture PartnerÌýlocated in United States. DAG Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in DAG Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Palo Alto | - | ||
Partner | Los Altos | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Palo Alto | - | ||
Venture Partner | San Francisco | - |
Get the full list of DAG Ventures' team & partners for free. Download now!Co-investors of DAG Ventures
Over the past 20 years, 678 investors have co-invested in DAG Ventures's portfolio companies.
- Invested before DAG Ventures:ÌýBenchmark, Kleiner Perkins and 188 others have invested in rounds before DAG Ventures. There are 34 companies where Benchmark has invested before DAG Ventures and 24 companies where Kleiner Perkins has invested before DAG Ventures.
- Top Co-investors of DAG Ventures:Ìý168 investors entered a company along with DAG Ventures. These include investors like Kleiner Perkins (13 companies).
- Invested after DAG Ventures:ÌýA total of 320 investors have invested in DAG Ventures's portfolio after their investments. Top Investors include Goldman Sachs (5 companies), Tiger Global Management (4 companies) and T. Rowe Price (4 companies).
Get full list of DAG Ventures' co-investors delivered to your inbox!
Recent News related to DAG Ventures
•
•
•
CNW•Feb 22, 2022•Clickatell, Kennedy Lewis Investment Management, Arrowroot Capital Management, Endeavor and 3 others
•
•
Medium•Dec 18, 2020•Rec Room, Madrona Venture Group, Index Ventures, First Round Capital and 2 others
•
Road to VR•Dec 17, 2020•Rec Room, Madrona Venture Group, DAG Ventures, First Round Capital and 3 others
•
•
•
•
