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 Apr 2025, DFJ Growth is an active investor, having invested in 86 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 S32. This round also saw participation from Citi Ventures and other investors.
Overall, DFJ Growth portfolio has seen 23 unicorns, 7 IPOs and 26 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
, &
Portfolio Count
, Google &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Foursquare, Splice &
Deals in last 12 months
Endor Labs, &
DFJ Growth's Year-on-Year Investment Trends
DFJ Growth has invested in 86 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 Apr 2025, it has made 2 investments in this year. Its most recent first time investment was in Endor Labs and most recent follow-on round was in Glowforge.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 2 | 0 | 2 |
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 Investment Trends by Stage
DFJ Growth is primarily an Late Stage Investor investor majorly investing in Series C (20) rounds where average round size is $1.61B, 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 | 20 |
Series B | 19 |
Series D | 12 |
Series E | 12 |
Series A | 5 |
Others | 3 |
DFJ Growth's Investment Trends 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 79 Tech companies, 68 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 | 31 |
Enterprise Infrastructure | 17 |
FinTech | 12 |
Consumer | 8 |
Others | 76 |
DFJ Growth's Investment Trends by Geography
DFJ Growth has made most investments in United States (80), followed by Israel where it has made 2 investments.
DFJ Growth's recent investments
Here are the most recent investments by DFJ Growth:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
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 | ||
May 18, 2023 | United States | Series E | $20M | Foundry [+2] |
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 |
|---|---|---|---|---|---|---|---|
73 | Provider of customer communication and experience management platform | 2013 | San Francisco | Series D | mtlmncg | ||
72 | Cloud based database platform for enterprises | 2010 | Santa Clara | Series G | {fcqdez | ||
67 | Cloud-based data security and governance solutions | 2015 | Boston | Series E | gojfkwj | ||
48 | Provider of underground transportation management solutions | 2016 | Bastrop | Series C | ntvkr{w | ||
60 | AI based API security software | 2016 | Palo Alto | Series D | n{humwf |
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:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 20, 2025 | Jun 18, 2019 | Series A | $31M | |
Dec 16, 2024 | Jul 28, 2015 | Series C | $42M | |
Apr 11, 2024 | Nov 10, 2020 | Series B | $221M | |
May 23, 2023 | Oct 31, 2016 | Series D | $72M | |
Feb 09, 2023 | Jun 01, 2015 | Series E | $80.1M |
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, 793 investors have co-invested in DFJ Growth's portfolio companies.
- Invested before DFJ Growth:ÌýDFJ, General Catalyst and 349 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:Ìý189 investors entered a company along with DFJ Growth. These include investors like Bessemer Venture Partners (4 companies).
- Invested after DFJ Growth:ÌýA total of 253 investors have invested in DFJ Growth's portfolio after their investments. Top Investors include Tiger Global Management (5 companies), Battery Ventures (4 companies) and Altimeter Capital (4 companies).
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