About DCVC
DCVC is a venture capital firm founded in 2011. It is primarily based out of Palo Alto, United States. As of Jun 2025, DCVC is an active investor, having invested in 361 companies, with 13 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 High Tech and Life Sciences. Most recently it led the $4.4M Seed round of Alta Resource Technologies along with Orion Resource Partners. This round also saw participation from In-Q-Tel and other investors.
Overall, DCVC portfolio has seen 25 unicorns, 21 IPOs and 111 acquisitions including key companies like Facebook, Uber and Zynga. A lot of funds co-invest with DCVC, with names like SV Angel sharing a substantial percentage of its portfolio.
DCVC has team of 56 people including 27 partners.
Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A &
Portfolio Acquisitions
Portfolio Unicorns
, 21.co &
Portfolio Soonicorns
Deals in last 12 months
AIM, Impulse Space &
DCVC's List of Top Investments
DCVC has a portfolio of 361 companies, including 25 unicorns. Their most notable investments are in Rill and Plexium.Their portfolio spans across United States, United Kingdom, CanadaÌý²¹²Ô»å 18 more locations. They have invested in Enterprise Applications, High Tech, Life SciencesÌý²¹²Ô»å 35 other sectors, across stages such as Seed, Series A Ìý²¹²Ô»å 4 more. Here is the list of top investments by DCVC:
1. Facebook
Provider of online social networking and related services. It offers a platform for users to connect with friends and family, share information, and engage in various online activities. The company provides tools for communication, including messaging and video calls. Additional services encompass photo and video sharing, and the development of related applications and technologies. It also offers advertising services to businesses.
Key facts about Facebook
- Founded Year: 2004
- Location: Menlo Park (United States)
- Annual Revenue: $13.5B as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 67,317 as on Dec 31, 2023
- Investors: Vulcan Capital, Hercules Capital and 111 Others
- Latest Funding Round: Grant (prize money), Jan 15, 2017, $490
- Highlight: Public

2. Uber
App-based ride-hailing aggregator. The platform provides services including taxi-hailing, food delivery, freight solutions, self-drive electric vehicle rentals, corporate transportation, and more. Users can book services by providing location, destination, user details, payment details, and more. The app is available for both Android and iOS devices.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $44B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 31,100 as on Dec 31, 2023
- Investors: HarbourVest Partners, Vulcan Capital and 187 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $1.15B
- Highlight: Public
3. 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
4.
Provider of cloud and AI-based virtual tour solutions for construction professionals. It offers a mobile application that enables users to 3D scan using the mobile phone camera, as well as create, customize, and publish 3D models. It also offers 3D scanning systems and 3D cameras. It combines data to create one complete 3D model, which can be viewed, modified, annotated and shared using any computer and mobile phone.
Key facts about Matterport
- Founded Year: 2011
- Location: Sunnyvale (United States)
- Annual Revenue: $136M as on Dec 31, 2022
- Stage: Acquired
- Total Funding till date: $163M
- Employee Count: 497 as on Dec 31, 2022
- Investors: GIC, The Gores Group and
- Latest Funding Round: Series D, Jul 24, 2020, $52.4M
- Highlight: Acquired
Manufacturer of metal-based desktop 3D printers. It offers metal-based 3D printers for the mass production of metal parts and prototypes and carbon fiber-based 3D printers to manufacture fiber-reinforced parts using composites. It also provides software to control and manage 3D printing and these printers. It caters to automotive, consumer goods, education, machine design, heavy industry, and manufacturing tooling sectors.
Key facts about Desktop Metal
- Founded Year: 2015
- Location: Burlington (United States)
- Annual Revenue: $209M as on Dec 31, 2022
- Last Known Valuation: $1.5B as on Jan 23, 2019
- Stage: Acquired
- Total Funding till date: $438M
- Employee Count: 337 as on Dec 31, 2022
- Investors: Kleiner Perkins, New Enterprise Associates and 35 Others
- Latest Funding Round: Post IPO, May 10, 2022, $100M
- Highlight: Acquired
DCVC's Year-on-Year Investment Trends
DCVC has invested in 361 companies over the last 14 years, with an average of 17 new investments annually in the last 10 years. In 2024, it made 25 investments, while as of Jun 2025, it has made 12 investments in this year. Its most recent first time investment was in AIM and most recent follow-on round was in Impulse Space.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 6 | 6 | 12 |
2024 | 11 | 14 | 25 |
2023 | 16 | 12 | 28 |
2022 | 12 | 18 | 30 |
2021 | 24 | 18 | 42 |
2020 | 14 | 18 | 32 |
2019 | 12 | 11 | 23 |
2018 | 15 | 16 | 31 |
2017 | 30 | 12 | 42 |
2016 | 14 | 14 | 28 |

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DCVC's Investments by Stage
DCVC has made 107 investments in Seed stage with an average round size of $5.25M, 106 investments in Series A stage with an average round size of $19.4M and 22 investments in Series B stage with an average round size of $39.8M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Seed | 107 |
Series A | 106 |
Series B | 22 |
Series C | 6 |
Series D | 5 |
Others | 1 |
DCVC's Investments by Sector
DCVC has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Life Sciences and Sustainability Tech. Notably, it has invested in 334 Tech companies, 315 Enterprise (B2B) companies, 183 Software companies and at least 106 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 122 |
High Tech | 112 |
Enterprise Infrastructure | 53 |
Life Sciences | 49 |
Sustainability Tech | 36 |
Others | 308 |
DCVC's Investments by Geography
DCVC has made most investments in United States (216), followed by United Kingdom where it has made 8 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 216 |
United Kingdom | 8 |
Canada | 6 |
Australia | 3 |
New Zealand | 3 |
Others | 13 |
DCVC's recent investments
Here are the most recent investments by DCVC:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Jun 10, 2025 | United States | Series C | $50M | Khosla Ventures [+4] | |
May 09, 2025 | United States | Series C | $300M | [+11] | |
May 02, 2025 | United States | Seed | $4.4M | Voyager [+2] | |
Apr 23, 2025 | United States | Series A | $30M | [+5] | |
Apr 14, 2025 | United States | Series F | $258M | General Catalyst [+10] |
Unicorns in DCVC's Portfolio
Here is a list of unicorns in DCVC's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
57 | Geothermal power production company | 2017 | San Francisco | Series D | spwgryb | ||
51 | Financial services platform for cryptocurrencies | 2013 | New York City | Series A | tntzwyy | ||
65 | Provider of cloud based relational database for enterprises | 2011 | San Francisco | Series F | bydfwhq | ||
70 | Provider of promotion management and cashback solutions to retailers | 2016 | Washington, DC | Series D | yyijiaw | ||
64 | Online platform for cross-chain communication for web3 | 2020 | Toronto | Series B | resbeje |
IPOs and Publicly Listed companies in DCVC's Portfolio
Here are DCVC's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Dec 19, 2023 | Oct 28, 2014 | Seed | $2M | |
Sep 28, 2023 | - | - | - | |
Mar 02, 2022 | Mar 28, 2017 | Series A | $24M | |
Sep 28, 2021 | Jul 11, 2014 | Seed | $1.97M | |
Sep 17, 2021 | Mar 18, 2015 | Series A | $9M |
Acquired companies in DCVC's Portfolio
Here are DCVC's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
May 08, 2025 | Nov 17, 2016 | Seed | Undisclosed | |
Jan 13, 2025 | Nov 09, 2016 | Series A | $14M | |
Dec 10, 2024 | - | - | - | |
Oct 15, 2024 | Nov 17, 2015 | Series A | $5M | |
Oct 08, 2024 | - | - | - |
Team profile of DCVC
DCVC has a team of 56 membersÌýincluding 27 Partners, 4 Venture Partners and 19 PrincipalsÌýlocated in United States, United Kingdom and . DCVC's team does not sit on the board of any company as of now.Here is a list of top team members in DCVC:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | San Francisco | - | , | |
Partner | Palo Alto | - | ||
Partner | San Francisco | - | , | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | , | |
Partner | San Francisco | - | , | |
Partner | San Francisco | - | , | |
Partner | Hudson | - | , | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | United States | - |
Co-investors of DCVC
Over the past 14 years, 2040 investors have co-invested in DCVC's portfolio companies.
- Invested before DCVC:Ìý, a16z and 308 others have invested in rounds before DCVC. There are 30 companies where Y Combinator has invested before DCVC and 9 companies where a16z has invested before DCVC.
- Top Co-investors of DCVC:Ìý695 investors entered a company along with DCVC. These include investors like SV Angel (17 companies).
- Invested after DCVC:ÌýA total of 1035 investors have invested in DCVC's portfolio after their investments. Top Investors include Google Ventures (8 companies), Tiger Global Management (7 companies) and (6 companies).

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