
DAG Ventures has a proven track record in venture capital, with a focus on supporting innovative startups.
The firm's expertise spans multiple industries, including technology, healthcare, and clean energy, as highlighted in their portfolio.
DAG Ventures has a keen eye for identifying emerging trends and opportunities, allowing them to invest in companies poised for growth.
With a strong network of connections and partners, DAG Ventures is well-positioned to provide valuable resources and support to their portfolio companies.
For your interest: Sequoia Capital Investments
Investments and Portfolio
DAG Ventures has made 343 investments, with their latest investment being in Nimble as part of their Series E on June 13, 2022. They have invested in a wide range of startups, including AdMob, Altor Networks, and Avvo.
DAG Ventures' portfolio exits are equally impressive, with 111 exits in total. Their latest portfolio exit was Movella, which occurred through a reverse merger with Pathfinder Acquisition on February 13, 2023.
Here are some notable investments and exits from DAG Ventures' portfolio:
Investments and Portfolio

DAG Ventures has a significant investment history, with over 250 startups in their portfolio since 2004. They've made 343 investments, with their latest one being in Nimble as part of their Series E on June 13, 2022.
Their investment strategy focuses on various sectors, including Enterprise Applications, Consumer, and Enterprise Infrastructure. These sectors account for 50, 29, and 28 investments respectively.
One notable aspect of DAG Ventures' investments is their focus on Series C, with 50 investments in this stage. They also invest in Series B, with 42 investments, and Series D, with 19 investments.
DAG Ventures has a diverse portfolio, with investments in companies like AdMob, which was acquired by Google, and Altor Networks, which was acquired by Juniper Networks. They've also invested in companies like Ambarella Inc., which went public in 2012, and Bloom Energy, which went public in 2018.
Here's a breakdown of the sectors DAG Ventures invests in:
Portfolio Exits

DAG Ventures has a significant track record of successful portfolio exits, with 111 exits to date. This impressive number speaks to the firm's ability to identify and support promising companies.
Their latest portfolio exit was Movella, which occurred on February 13, 2023. Movella was acquired through a reverse merger by Pathfinder Acquisition.
The types of exits DAG Ventures has facilitated include reverse mergers, corporate majority acquisitions, and acquisitions. Reverse mergers, like the one with Movella, involve a company being acquired by another company through a merger.
Here are some key statistics on DAG Ventures' portfolio exits:
DAG Ventures' portfolio exits have been valued in the millions, with some exits involving companies acquired for over $XXM.
Expert Collections
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
DAG Ventures has been included in 2 Expert Collections, one of which is Synthetic Biology.
Vi, L.P
Dag Ventures Vi, L.P. is a venture capital fund operated by Dag Ventures with approximately $31.8 million in assets.

There is currently no minimum investment required for Dag Ventures Vi, L.P.
Management owns a relatively small percentage of the fund, with a mere 2 percent stake.
Dag Ventures Vi, L.P. ranks 16567 out of 30967 registered private funds.
It also ranks 13984 out of 30967 registered private funds, indicating a moderate level of activity in the market.
A fresh viewpoint: Venture Capital Funds Los Angeles
Which Countries Invest In?
If you're looking to diversify your investments, consider countries with a strong economy and stable government.
The United States is a popular investment destination, with a large and growing middle class.
Sweden is known for its innovative tech industry, with companies like Spotify and Ericsson.
Canada is a safe bet for investors, with a stable economy and a strong social safety net.
Germany has a highly skilled workforce and a strong manufacturing sector, making it an attractive investment opportunity.
Worth a look: State of Wisconsin Investment Board
Funds
DAG Ventures has a history of creating funds, with 15 funds in total. This includes Corner Ventures DAG Fund I - T, which closed on March 22, 2019, with an amount of $3.15 million.
Additional reading: Biotech Venture Capital Funds

One of their earlier funds was DAG Ventures V LP, which was closed on December 31, 2011, and had a fund type of Multi-Stage Venture Capital.
DAG Ventures IV-QP and DAG Ventures IV were both launched on February 22, 2010, with a massive investment of $451.82 million. However, the exact amount of DAG Ventures IV is unknown due to a "Subscribe to see more" restriction.
The fund DAG Ventures III-QP was launched on February 11, 2008, but the exact amount of investment is also unknown due to a "Subscribe to see more" restriction.
Here is a list of DAG Ventures' funds, including their closing dates, fund types, and amounts:
DAG Ventures was created out of Duff Ackerman & Goodrich, a private investment firm formed in 1991.
Company Information
DAG Ventures has invested in several companies that have gone public. Nextdoor, for example, went public on May 26, 2021, after DAG Ventures first invested in the company on July 24, 2012.

Nextdoor's first round of investment was a Series A round worth $18.6 million. This is a significant amount of money, and it's clear that DAG Ventures saw potential in the company from the start.
Oportun is another company that has gone public, listing on September 26, 2019. DAG Ventures first invested in Oportun on June 8, 2010. This investment was part of a Series D round worth $28 million.
Here are some key details about the IPOs and public companies in DAG Ventures' portfolio:
DAG Ventures has also invested in Upwork, which went public on October 2, 2018. The company first invested in Upwork on June 1, 2008, as part of a Series C round worth $15 million.
Investment Strategy
DAG Ventures has invested in almost 250 startups since its inception in 2004. This impressive track record speaks to the firm's successful investment strategy.
The firm has a knack for identifying and backing companies that go on to achieve significant milestones, such as initial public offerings (IPOs) and acquisitions by major players.
For another approach, see: Is Bain Capital a Private Equity Firm

For instance, AdMob was acquired by Google, while Altor Networks was acquired by Juniper Networks. These outcomes demonstrate DAG Ventures' ability to spot potential winners.
DAG Ventures' investment strategy also involves backing companies that are poised for long-term growth, as evidenced by its investment in Ambarella Inc., which went public in October 2012.
The firm's portfolio includes a diverse range of companies, from consumer-facing brands like Yelp and Grubhub to enterprise software providers like Cloudera and New Relic.
Here are some notable companies in DAG Ventures' portfolio:
- AdMob (acquired by Google)
- Altor Networks (acquired by Juniper Networks)
- Ambarella Inc. (IPO in Oct 2012)
- Yelp (IPO in Mar 2012)
- Grubhub (IPO in Apr 2014)
- Cloudera
- New Relic (IPO in Dec 2014)
DAG Ventures' investment strategy has clearly paid off, with the firm's portfolio companies achieving significant milestones and delivering strong returns.
Financials and Milestones
DAG Ventures was created out of Duff Ackerman & Goodrich, a private investment firm formed in 1991.
In 1991, Duff Ackerman & Goodrich was established, laying the groundwork for DAG Ventures.
DAG Ventures announced their fifth fund in June 2011.
A new venture fund, the Corner Ventures DAG Fund, was launched by the founding members of DAG Ventures in 2019.
15 Fund Histories

DAG Ventures has 15 funds under its umbrella, with a diverse range of focus areas.
One notable fund is Corner Ventures DAG Fund I - T, which closed on March 22, 2019, with a total amount of $3.15M.
The fund type for Corner Ventures DAG Fund I - T is not explicitly stated.
DAG Ventures V LP is a multi-stage venture capital fund that closed on December 31, 2011.
Corner Ventures DAG Fund I - T is a standalone fund, whereas DAG Ventures V LP is part of a larger fund series.
DAG Ventures IV-QP and DAG Ventures IV are two funds that closed on the same day, February 22, 2010, with a total amount of $451.82M.
The exact amount for DAG Ventures IV is not disclosed, but it is mentioned that it's a multi-million dollar fund.
The sources for the funds' information vary, with some listed as "1" and others as "10".
Here's a list of the funds' closing dates and amounts:
DAG Ventures has a history of launching funds with significant amounts, with some exceeding $400 million.
IPOs and Public Companies

DAG Ventures has a notable portfolio of public companies that have gone through successful IPOs. These companies have made significant contributions to their respective industries.
Nextdoor, a neighborhood-focused social network, went public on May 26, 2021, after the venture firm first invested in the company on July 24, 2012. The initial investment was part of a Series A round, which raised $18.6 million.
Oportun, a fintech company, took a different path, going public on September 26, 2019, after DAG Ventures first invested in the company on June 8, 2010. The initial investment was part of a Series D round, which raised $28 million.
Upwork, a platform that connects freelancers with clients, went public on October 2, 2018, after DAG Ventures first invested in the company on June 1, 2008. The initial investment was part of a Series C round, which raised $15 million.
Eventbrite, a ticketing and event management platform, went public on September 19, 2018, after DAG Ventures first invested in the company on October 6, 2010. The initial investment was part of a Series D round, which raised $20 million.
Take a look at this: Initial Business Venture

Bloom Energy, a clean energy technology company, went public on June 12, 2018, after DAG Ventures first invested in the company on September 15, 2011. The initial investment was part of a Series G round, which raised $150 million.
Here are the IPO dates and initial investment details for these companies:
Comparisons and Partnerships
DAG Ventures has a strong network of co-investors, with over 664 investors having co-invested in its portfolio companies over the past 19 years.
Some notable co-investors include Benchmark, Kleiner Perkins, and 183 others, who have invested in rounds before DAG Ventures. In fact, Benchmark has invested in 34 companies where DAG Ventures has also invested.
DAG Ventures has partnered with top investors like Kleiner Perkins, which has co-invested in 11 companies alongside DAG Ventures. This collaboration can be beneficial for portfolio companies, providing them with access to a broader network of resources and expertise.
Here's a breakdown of DAG Ventures' top co-investors:
- Kleiner Perkins: 11 companies
- Benchmark: 34 companies
- Goldman Sachs: 5 companies
- T. Rowe Price: 4 companies
- Tiger Global Management: 4 companies
Service Providers

DAG Ventures has established relationships with service providers, offering a valuable network for its partners and investors.
Swanlaab USA Ventures is one of these service providers, a venture capital firm that focuses on investing in technologies at the series A and B financing stages.
DAG Ventures' service provider relationships are built on a strategy that emphasizes sustainable competitive advantages and impact investment.
Compare to Competitors
Falcon 5 Capital was founded in 2023 and is based in Lake Oswego, Oregon. It operates as an investment firm with a focus on technology-driven sectors.
Sierra Ventures, on the other hand, was founded in 1982 and is based in San Mateo, California. It invests in sectors such as artificial intelligence, machine learning, and big data.
Kleiner Perkins was founded in 1972 and is based in Menlo Park, California. It primarily serves sectors such as software, biotechnology, and healthcare.
Falcon 5 Capital and Sierra Ventures have a significant age difference, with Sierra Ventures being founded 41 years before Falcon 5 Capital.
Co-Investors

Co-investors are a vital part of a venture's growth, and DAG Ventures is no exception. Over the past 19 years, 664 investors have co-invested in their portfolio companies.
This includes funds and angels who have invested before DAG Ventures. In fact, 34 companies have Benchmark as a previous investor, and 23 companies have Kleiner Perkins as a previous investor.
Having top co-investors like Kleiner Perkins, which has invested in 11 companies alongside DAG Ventures, can be a significant advantage. Their combined expertise and resources can help a company grow and succeed.
A total of 313 investors have invested in DAG Ventures's portfolio after their initial investments. This is a testament to the trust and confidence that other investors have in DAG Ventures's portfolio companies.
Some notable investors who have co-invested with DAG Ventures include Goldman Sachs, T. Rowe Price, and Tiger Global Management. These investors have collectively invested in 13 companies, with Goldman Sachs investing in 5 companies and T. Rowe Price and Tiger Global Management each investing in 4 companies.
Here's a breakdown of the top co-investors of DAG Ventures:
- Kleiner Perkins (11 companies)
- Goldman Sachs (5 companies)
- T. Rowe Price (4 companies)
- Tiger Global Management (4 companies)
Details

Dag Ventures Vi, L.P. is a notable entity with specific details worth noting.
Relying on Reg D Exemption is a key aspect of their operations, as indicated by their reliance on this exemption.
Management ownership is a relatively small percentage, standing at 2%.
Non-US ownership is nonexistent, with a percentage of 0%.
Broaden your view: Who Owns Bain Capital Private Equity
Sources
Featured Images: pexels.com