About DFJ
DFJ is a venture capital firm founded in 1985. It is primarily based out of Menlo Park, United States. As of Oct 2021, DFJ has invested in 355 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it led the $30M Series B round of Divvy along with Caffeinated Capital. This round also saw participation from a16z and other investors.
Overall, DFJ portfolio has seen 11 unicorns, 19 IPOs and 165 acquisitions including key companies like athenahealth, Redfin and Ping Identity. A lot of funds co-invest with DFJ, with names like New Enterprise Associates sharing a substantial percentage of its portfolio.
DFJ has team of 29 people including 16 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B &
Portfolio IPOs
Portfolio Acquisitions
Redfin, NanoString &
Portfolio Unicorns
Portfolio Soonicorns
DFJ's Year-on-Year Investment Trends
DFJ has invested in 355 companies over the last 27 years, with an average of 4 new investments annually in the last 10 years. Its most recent first time investment was in Alchemy and most recent follow-on round was in Splashtop.
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 | 0 | 0 | 0 |
2021 | 1 | 1 | 2 |
2020 | 0 | 0 | 0 |
2019 | 1 | 2 | 3 |
2018 | 7 | 15 | 22 |
2017 | 10 | 9 | 19 |
2016 | 8 | 8 | 16 |
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DFJ's Investment Trends by Stage
DFJ has made 135 investments in Series A stage with an average round size of $10.2M, 86 investments in Series B stage with an average round size of $12.7M and 51 investments in Seed stage with an average round size of $2.53M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 135 |
Series B | 86 |
Seed | 51 |
Series C | 30 |
Series D | 11 |
Others | 13 |
DFJ's Investment Trends by Sector
DFJ has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Enterprise Infrastructure and Media & Entertainment. Notably, it has invested in 288 Tech companies, 241 Enterprise (B2B) companies, 111 Software companies and at least 97 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 126 |
High Tech | 79 |
Consumer | 63 |
Enterprise Infrastructure | 38 |
Media & Entertainment | 30 |
Others | 370 |
DFJ's Investment Trends by Geography
DFJ has made most investments in United States (259), followed by China where it has made 23 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 253 |
China | 24 |
India | 16 |
Israel | 7 |
United Kingdom | 7 |
Others | 20 |
DFJ's recent investments
Here are the most recent investments by DFJ:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 28, 2021 | United States | Series C | $250M | a16z [+5] | |
Jan 27, 2021 | United States | Series E | $50M | Sapphire Ventures [+2] | |
Apr 23, 2019 | Canada | Seed | $3M | [+13] | |
Mar 13, 2019 | United States | Series C | $44M | Redpoint Ventures [+3] | |
Jan 17, 2019 | United States | Series B | $33M | [+6] |
Get the detailed list of all investments by DFJ. Download now!Unicorns in DFJ's Portfolio
Here is a list of unicorns in DFJ's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
56 | Provider of cell-based meat alternatives | 2015 | Berkeley | Series C | zkhhbcx | ||
76 | Cloud-based blockchain platform for application development | 2017 | San Francisco | Series C | c{uxvob | ||
68 | Online platform for rent-to-buy solutions for residential properties | 2017 | San Francisco | Series D | hsmnqcm | ||
68 | Cloud based feature management platform for deployments | 2014 | Oakland | Series D | ac{rtqe | ||
72 | Cloud based continuous integration and delivery management software | 2011 | San Francisco | Series F | vdnjtbz |
IPOs and Publicly Listed companies in DFJ's Portfolio
Here are DFJ's portfolio companies that went public:
Acquired companies in DFJ's Portfolio
Here are DFJ's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 10, 2025 | Jul 17, 2007 | Series C | $12M | |
Apr 17, 2024 | Aug 11, 2004 | Series A | $4.3M | |
Feb 09, 2024 | Jan 25, 2005 | Series B | $7.75M | |
Jan 11, 2024 | Jul 23, 2008 | Series B | $7.5M | |
Oct 24, 2023 | Apr 16, 2008 | Series A | $12M |
Team profile of DFJ
DFJ has a team of 29 membersÌýincluding 16 Partners, 1 Venture Partner and 8 PrincipalsÌýlocated in United States, China and . DFJ's team sits on the board of 1 company.Here is a list of top team members in DFJ:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Menlo Park | - | ||
Partner | United States | - | ||
Partner | Atherton | |||
Partner | San Francisco | - | ||
Partner | Palo Alto | - | ||
Partner | Redwood City | - | ||
Partner | Menlo Park | - | ||
Partner | Menlo Park | - | ||
Partner | Los Altos | - | ||
Partner | Los Altos | - | ||
Partner | Menlo Park | - |
Get the full list of DFJ's team & partners for free. Download now!Co-investors of DFJ
Over the past 27 years, 1676 investors have co-invested in DFJ's portfolio companies.
- Invested before DFJ:Ìý, Bessemer Venture Partners and 335 others have invested in rounds before DFJ. There are 9 companies where Y Combinator has invested before DFJ and 8 companies where Bessemer Venture Partners has invested before DFJ.
- Top Co-investors of DFJ:Ìý507 investors entered a company along with DFJ. These include investors like New Enterprise Associates (11 companies).
- Invested after DFJ:ÌýA total of 832 investors have invested in DFJ's portfolio after their investments. Top Investors include Threshold (17 companies), SVB (10 companies) and Goldman Sachs (10 companies).
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