About DCM Ventures
DCM Ventures is a venture capital firm founded in 1996. It is primarily based out of Menlo Park, United States. As of May 2025, DCM Ventures is an active investor, having invested in 372 companies, with 6 new investments in the last 12 months. 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 High Tech. Most recently it led the $14M Series A round of Lingopal along with Scrum Ventures. This round also saw participation from Marquee Ventures.
Overall, DCM Ventures portfolio has seen 14 unicorns, 37 IPOs and 105 acquisitions including key companies like Kuaishou Technology, Careem and SoFi. A lot of funds co-invest with DCM Ventures, with names like Legend Capital sharing a substantial percentage of its portfolio.
DCM Ventures has team of 41 people including 16 partners.
Key Metrics
Team Members
Dixon Doll, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B &
Portfolio Acquisitions
Deals in last 12 months
DCM Ventures' List of Top Investments
DCM Ventures has a portfolio of 372 companies, including 14 unicorns. Their most notable investments are in Mioji and DangDang.Their portfolio spans across United States, China, JapanÌý²¹²Ô»å 14 more locations. They have invested in Enterprise Applications, Consumer, High TechÌý²¹²Ô»å 34 other sectors, across stages such as Series A, Series B Ìý²¹²Ô»å 9 more. Here is the list of top investments by DCM Ventures:Social platform for sharing short videos. It allows users to stream live video shows. It also enables them to make duet videos with filters available on the platform. The application is available for Android and iOS users. It monetizes through in-app ads and purchases.
Key facts about Kuaishou Technology
- Founded Year: 2011
- Location: Haidian (China)
- Stage: Public
- Total Funding till date: $4.79B
- Employee Count: 8,000 as on Jun 20, 2019
- Investors: CPP Investments, Access Industries and 18 Others
- Latest Funding Round: Series F, Dec 03, 2019, $3B
- Highlight: Public

2. Careem
App-based ride-hailing aggregator. Users can book rides by providing location, passenger details, payment details, and more. The platform also offers services like food delivery, recharge services, grocery delivery services, and more. Apps are available for Android and iOS users.
Key facts about Careem
- Founded Year: 2012
- Location: Dubai (United Arab Emirates)
- Last Known Valuation: $1.2B as on Jun 15, 2017
- Stage: Acquired
- Total Funding till date: $772M
- Investors: DCM Ventures, National Technology Enterprises Company and 26 Others
- Latest Funding Round: Series F, Oct 18, 2018, $200M
- Highlight: Acquired

3. SoFi
Online platform for consumer loans. It offers multiple loan products including personal loans, student loans, home loans, business loans, and more. It also offers insurance including life insurance, home insurance, and more. It also features an app-based platform for trading stocks, ETFs, crypto, and accessing financial services. The app is available on IOS and Android devices.
Key facts about SoFi
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: €28.7K as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $3.04B
- Employee Count: 3,066 as on Dec 31, 2023
- Investors: Silver Lake, GPI Capital and 75 Others
- Latest Funding Round: Post IPO, Feb 18, 2024
- Highlight: Public
4.
Cloud-based accounts payable and receivable software for businesses. Its features include invoice management, workflow approval management, payment management, reconciliation, automated billing, customer management, and more. It also offers solutions for international and domestic payment and ACH payment processing.
Key facts about Bill.com
- Founded Year: 2006
- Location: Palo Alto (United States)
- Annual Revenue: $1.29B as on Jun 30, 2024
- Stage: Public
- Total Funding till date: $326M
- Employee Count: 1,384 as on Jun 30, 2021
- Investors: Bank of America, HTIF and
- Latest Funding Round: Post IPO, Nov 30, 2020, $1.15B
- Highlight: Public
5.
Provider of subscription-based video platform for streaming football content. It provides a video platform for streaming soccer, live cable sports channels, live soccer games, documentaries, and club channels. It can be accessed through Internet-connected TVs, smartphones, game consoles, and set-top boxes. It also integrates fan view into its multiview feature for iOS TV.
Key facts about FuboTV
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $155M
- Employee Count: 208 as on Dec 31, 2019
- Investors: Credit Suisse, Advantas Capital Ventures and
- Latest Funding Round: Post IPO, Feb 16, 2021
- Highlight: Acquired
DCM Ventures' Year-on-Year Investment Trends
DCM Ventures has invested in 372 companies over the last 28 years, with an average of 12 new investments annually in the last 10 years. In 2024, it made 8 investments, while as of May 2025, it has made 3 investments in this year. Its most recent first time investment was in FANCY TECH and most recent follow-on round was in FloSports.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 2 | 1 | 3 |
2024 | 6 | 2 | 8 |
2023 | 4 | 3 | 7 |
2022 | 7 | 2 | 9 |
2021 | 11 | 11 | 22 |
2020 | 6 | 9 | 15 |
2019 | 12 | 16 | 28 |
2018 | 21 | 22 | 43 |
2017 | 22 | 14 | 36 |
2016 | 15 | 17 | 32 |

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DCM Ventures' Investments by Stage
DCM Ventures has made 125 investments in Series A stage with an average round size of $12M, 62 investments in Series B stage with an average round size of $24.9M and 45 investments in Seed stage with an average round size of $4.09M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 125 |
Series B | 62 |
Seed | 45 |
Series C | 35 |
Series D | 9 |
Others | 7 |
DCM Ventures' Investments by Sector
DCM Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, High Tech and FinTech. Notably, it has invested in 303 Tech companies, 191 Enterprise (B2B) companies, 169 Consumer (B2C) companies and at least 119 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Consumer | 96 |
Enterprise Applications | 95 |
Retail | 44 |
High Tech | 31 |
FinTech | 30 |
Others | 311 |
DCM Ventures' Investments by Geography
DCM Ventures has made most investments in United States (144), followed by China where it has made 97 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 144 |
China | 97 |
Japan | 19 |
United Kingdom | 5 |
South Korea | 4 |
Others | 14 |
DCM Ventures' recent investments
Here are the most recent investments by DCM Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
May 07, 2025 | China | Series B | Undisclosed | [+1] | |
Apr 01, 2025 | United States | Series D | Undisclosed | [+4] | |
Jan 15, 2025 | United States | Series A | $14M | Scrum Ventures [+1] | |
Oct 31, 2024 | Japan | Series A | $41.1M | ANRI [+25] | |
Oct 24, 2024 | Japan | Seed | $393K | - |
Unicorns in DCM Ventures' Portfolio
Here is a list of unicorns in DCM Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
56 | Cloud and AI-based legal case management solutions | 2019 | San Francisco | Series D | kcgvbjt | ||
73 | Online marketplace for point of sale financing | 2014 | Jakarta | Series E | aevphcq | ||
69 | App for editing photos and videos | 2011 | Miami | Series C | iyctzgp | ||
66 | Provider of blockchain-based financial solutions | 2017 | Singapore | Series C | dqpnzlh | ||
39 | Online marketplace for shipper and carrier booking | 2015 | Shanghai | Series D | oxovvjh |
IPOs and Publicly Listed companies in DCM Ventures' Portfolio
Here are DCM Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Nov 27, 2024 | Jan 15, 2018 | Series A | $112M | |
Jul 12, 2023 | - | - | - | |
Jun 28, 2023 | Jun 14, 2018 | Series C | $63.4M | |
Jan 24, 2023 | - | - | - | |
Aug 18, 2022 | - | - | - |
Acquired companies in DCM Ventures' Portfolio
Here are DCM Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Jun 05, 2025 | Feb 12, 2013 | Series A | $15M | |
Jan 11, 2025 | 2008 | Series A | $3M | |
Dec 12, 2024 | Jan 19, 2021 | Series A | $35M | |
Oct 02, 2024 | Mar 19, 2014 | Seed | $3.2M | |
May 10, 2024 | May 24, 2011 | Series A | $3.7M |
Team profile of DCM Ventures
DCM Ventures has a team of 41 membersÌýincluding 16 Partners, 3 Venture Partners and 6 PrincipalsÌýlocated in United States, China and . DCM Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in DCM Ventures:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | San Francisco | - | - | |
Partner | Tokyo | - | ||
Partner | San Francisco | - | - | |
Partner | San Francisco | - | - | |
Partner | Beijing | - | - | |
Partner | Dongguan | - | ||
Partner | Beijing | - | ||
Partner | Menlo Park | - | ||
Partner | San Francisco | - | ||
Partner | Tokyo | - | ||
Partner | Beijing | - |
Co-investors of DCM Ventures
Over the past 28 years, 1415 investors have co-invested in DCM Ventures's portfolio companies.
- Invested before DCM Ventures:Ìý500 Global, IDG Capital and 286 others have invested in rounds before DCM Ventures. There are 7 companies where 500 Global has invested before DCM Ventures and 7 companies where IDG Capital has invested before DCM Ventures.
- Top Co-investors of DCM Ventures:Ìý452 investors entered a company along with DCM Ventures. These include investors like Legend Capital (8 companies).
- Invested after DCM Ventures:ÌýA total of 675 investors have invested in DCM Ventures's portfolio after their investments. Top Investors include Tiger Global Management (8 companies), (7 companies) and SoftBank Vision Fund (7 companies).

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