About DFJ Growth
DFJ Growth is a venture capital firm founded in 2005. It is primarily based out of Menlo Park, United States. As of Jun 2025, DFJ Growth is an active investor, having invested in 88 companies, with 3 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 High Tech and Enterprise Infrastructure. Most recently it led the $93M Series B round of Endor Labs along with Dell Technologies Capital. This round also saw participation from Coatue and other investors.
Overall, DFJ Growth portfolio has seen 21 unicorns, 7 IPOs and 28 acquisitions including key companies like Google, Coinbase and Ping Identity. A lot of funds co-invest with DFJ Growth, with names like Bessemer Venture Partners sharing a substantial percentage of its portfolio.
DFJ Growth has team of 21 people including 12 partners.
Key Metrics
Team Members
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Portfolio Count
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Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B &
Portfolio Soonicorns
Foursquare, Splice &
Deals in last 12 months
DFJ Growth's List of Top Investments
DFJ Growth has a portfolio of 88 companies, including 21 unicorns. Their most notable investments are in Unity and Helix.Their portfolio spans across United States, Israel, United KingdomÌý²¹²Ô»å 2 more locations. They have invested in Enterprise Applications, High Tech, Enterprise InfrastructureÌý²¹²Ô»å 28 other sectors, across stages such as Series C, Series B Ìý²¹²Ô»å 5 more. Here is the list of top investments by DFJ Growth:1.
Platform offering advanced AI research and deployment solutions. It includes a suite of language models and APIs designed to assist with tasks such as natural language understanding, code generation, image interpretation, and more.
Key facts about OpenAI
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $300B as on Mar 31, 2025
- Stage: Series F
- Total Funding till date: $57.9B
- Employee Count: 710 as on Dec 31, 2023
- Investors: Goldman Sachs, Wells Fargo and
- Latest Funding Round: Series F, Mar 31, 2025, $40B
- Highlight: Editors' Pick
2.
Payment processing and card issuance solutions for businesses. It offers solutions such as payment gateways, hardware-based POS terminals, billing and subscription payments, and more. It also offers financial services such as the issuance of corporate cards, business financing, and more.
Key facts about Stripe
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: 371M SGD as on Dec 31, 2023
- Valuation: $91.5B as on Feb 27, 2025
- Stage: Series I
- Total Funding till date: $9.81B
- Employee Count: 5,904 as on Dec 31, 2023
- Investors: Glynn Capital, Silver Lake and
- Latest Funding Round: Series I, Apr 08, 2024, $694M
- Highlight: Editors' Pick
3. Google
A technology company offering products and services, including search, cloud computing, advertising, email, productivity software, and more. The company's products and services helps users to search and share information, communicate with each other, and access a wide range of applications and services. It enables users to search for various information like web pages, pictures, news, weather condition report, and files by providing keywords in the search bar. It uses a page rank algorithm to search and organize results for users. It also offers various features like voice-enabled search with multi-lingual access. Its application is available for Android and iOS devices.
Key facts about Google
- Founded Year: 1998
- Location: Mountain View (United States)
- Annual Revenue: ₹363Cr as on Mar 31, 2022
- Stage: Public
- Total Funding till date: $35M
- Employee Count: 183,323 as on Dec 31, 2024
- Investors: Greyrock Investments, Kleiner Perkins and 26 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2022, $781K
- Highlight: Public
4. 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: $6.56B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 3,416 as on Dec 31, 2023
- Investors: Sunrise Ventures, Wellington and 140 Others
- Latest Funding Round: Post IPO, Aug 13, 2021
- Highlight: Public
Cloud based identity management solution for enterprises. It delivers a solution for federated access to applications using existing identity infrastructure. It provides SSO features and encourages signing in from social networking sites for added security. Its products includespingone neo, orchestration, threat protection, identity verification, pingone cloud platform, pingone for customer, and more.
Key facts about Ping Identity
- Founded Year: 2002
- Location: Denver (United States)
- Annual Revenue: £29.9M as on Dec 31, 2022
- Stage: Acquired
- Total Funding till date: $137M
- Employee Count: 821 as on Dec 31, 2022
- Investors: Hercules Capital, W Capital Partners and 22 Others
- Latest Funding Round: Series E, Nov 10, 2014, $182K
- Highlight: Acquired
DFJ Growth's Year-on-Year Investment Trends
DFJ Growth has invested in 88 companies over the last 19 years, with an average of 4 new investments annually in the last 10 years. In 2024, it made 1 investment, while as of Jun 2025, it has made 3 investments in this year. Its most recent first time investment was in Impulse Space Propulsion and most recent follow-on round was in Glowforge.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 3 | 0 | 3 |
2024 | 1 | 0 | 1 |
2023 | 2 | 1 | 3 |
2022 | 5 | 4 | 9 |
2021 | 8 | 9 | 17 |
2020 | 4 | 5 | 9 |
2019 | 5 | 4 | 9 |
2018 | 4 | 5 | 9 |
2017 | 6 | 2 | 8 |
2016 | 2 | 3 | 5 |
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DFJ Growth's Investments by Stage
DFJ Growth is primarily an Late Stage Investor investor majorly investing in Series C (21) rounds where average round size is $1.91B, Series B (19) rounds where average round size is $3.33B and Series D (12) rounds where average round size is $1.17B.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series C | 21 |
Series B | 19 |
Series D | 12 |
Series E | 12 |
Series A | 5 |
Others | 4 |
DFJ Growth's Investments by Sector
DFJ Growth has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, FinTech and Consumer. Notably, it has invested in 80 Tech companies, 70 Enterprise (B2B) companies, 52 Software companies and at least 32 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 39 |
High Tech | 29 |
Enterprise Infrastructure | 18 |
FinTech | 12 |
Consumer | 9 |
Others | 74 |
DFJ Growth's Investments by Geography
DFJ Growth has made most investments in United States (70), followed by Israel where it has made 2 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 70 |
Israel | 2 |
United Kingdom | 2 |
Chile | 1 |
DFJ Growth's recent investments
Here are the most recent investments by DFJ Growth:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 04, 2025 | United States | Series C | $300M | [+11] | |
Apr 23, 2025 | United States | Series B | $93M | Salesforce Ventures [+5] | |
Feb 03, 2025 | United States | Series C | $65M | Booz Allen Hamilton [+5] | |
May 21, 2024 | United States | Series F | $1B | Accel [+19] | |
Aug 23, 2023 | United States | Series C | $255M |
Get the detailed list of all investments by DFJ Growth. Download now!Unicorns in DFJ Growth's Portfolio
Here is a list of unicorns in DFJ Growth's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of customer communication and experience management platform | 2013 | San Francisco | Series D | vtnfdxv | ||
63 | Cloud-based data security and governance solutions | 2015 | Boston | Series E | tqlgnwu | ||
54 | Provider of underground transportation management solutions | 2016 | Bastrop | Series C | fthgccu | ||
60 | AI based API security software | 2016 | Palo Alto | Series D | fy{rkpx | ||
59 | Cloud based platform offering container security software | 2013 | Davis | Series G | yirkrmx |
IPOs and Publicly Listed companies in DFJ Growth's Portfolio
Here are DFJ Growth's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2021 | - | - | - | |
Apr 14, 2021 | Jan 20, 2015 | Series C | $75M | |
Sep 18, 2020 | Jul 13, 2016 | Series C | $181M | |
Jan 23, 2015 | Oct 11, 2011 | Series D | $81M | |
Jun 27, 2013 | Apr 28, 2010 | Series D | $40M |
Acquired companies in DFJ Growth's Portfolio
Here are DFJ Growth's portfolio companies that got acquired most recently:
Team profile of DFJ Growth
DFJ Growth has a team of 21 membersÌýincluding 12 Partners and 6 PrincipalsÌýlocated in United States. DFJ Growth's team does not sit on the board of any company as of now.Here is a list of top team members in DFJ Growth:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Menlo Park | - | ||
Partner | United States | - | ||
Partner | San Francisco | - | ||
Partner | Menlo Park | - | ||
Partner | Menlo Park | - | ||
Partner | Los Altos | - | ||
Partner | San Carlos | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Menlo Park | - | ||
Partner | San Francisco | - |
Get the full list of DFJ Growth's team & partners for free. Download now!Co-investors of DFJ Growth
Over the past 19 years, 821 investors have co-invested in DFJ Growth's portfolio companies.
- Invested before DFJ Growth:ÌýDFJ, General Catalyst and 366 others have invested in rounds before DFJ Growth. There are 6 companies where DFJ has invested before DFJ Growth and 6 companies where General Catalyst has invested before DFJ Growth.
- Top Co-investors of DFJ Growth:Ìý190 investors entered a company along with DFJ Growth. These include investors like Bessemer Venture Partners (4 companies).
- Invested after DFJ Growth:ÌýA total of 263 investors have invested in DFJ Growth's portfolio after their investments. Top Investors include Tiger Global Management (5 companies), Silver Lake (5 companies) and Battery Ventures (4 companies).
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Recent News related to DFJ Growth
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Wowtale•Apr 24, 2025•Endor Labs, DFJ Growth, Salesforce Ventures, Lightspeed Venture Partners and 1 other
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PR Newswire•Aug 24, 2023•Cellares, Koch Disruptive Technologies, Bristol-Myers Squibb, DFJ Growth and 5 others
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