
DAG Ventures
Description
DAG Ventures is a prominent American venture capital firm based in Palo Alto, California, specializing in growth-stage investments. Established with a focus on partnering with disruptive companies, the firm targets businesses from Series B through pre-IPO stages that are poised to become category leaders in large, evolving markets. Their investment philosophy centers on providing capital and strategic guidance to accelerate the growth of promising technology companies across various sectors.
The firm's investment strategy is sector-agnostic within the broad technology landscape, encompassing areas such as enterprise software, internet, mobile, fintech, and healthcare IT. DAG Ventures seeks out companies demonstrating strong product-market fit, significant revenue traction, and scalable business models. They are known for their patient capital approach, often supporting portfolio companies through multiple funding rounds and offering extensive operational expertise to navigate the complexities of rapid expansion and market leadership. Their commitment extends beyond initial funding, aiming to build enduring partnerships with founders and management teams.
With a robust financial backing, DAG Ventures has successfully raised multiple funds, including several at $400 million each, providing them with substantial capital to deploy. This enables them to make significant initial investments, typically ranging from $10 million to $50 million, and reserve capital for follow-on rounds to support their portfolio companies' continued growth. Over its history, DAG Ventures has made over 100 investments, contributing to the success of numerous high-profile companies such as Facebook, LinkedIn, Twitter, Yelp, and Pandora, many of which achieved successful public listings or strategic acquisitions. Their track record underscores their ability to identify and nurture companies that go on to achieve substantial market impact and generate significant returns.
Investor Profile
DAG Ventures has backed more than 244 startups, with 0 new investments in the last 12 months alone. The firm has led 67 rounds, about 27% of its total and boasts 101 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series D, Series B rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Israel.
- Strong thematic focus on Software, Enterprise Software, Internet.
- Typical check size: $10M – $50M.
Stage Focus
- Series C (30%)
- Series D (20%)
- Series B (20%)
- Series E (10%)
- Series Unknown (7%)
- Series F (6%)
- Private Equity (2%)
- Series A (2%)
- Debt Financing (1%)
- Series G (1%)
Country Focus
- United States (98%)
- United Kingdom (1%)
Industry Focus
- Software
- Enterprise Software
- Internet
- Advertising
- Information Technology
- Health Care
- Saas
- Biotechnology
- Security
- Financial Services
Frequently Asked Questions
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