DFJ Growth

DFJ Growth is a prominent late-stage global venture capital firm based in Menlo Park, United States, that spun out as an independent entity from the original Draper Fisher Jurvetson (DFJ) in 2013. The firm specializes in providing growth-stage capital to technology companies that have already demonstrated significant market traction and possess strong potential for continued expansion. Their investment philosophy centers on identifying and partnering with disruptive companies that are poised for leadership in their respective sectors.

The firm's investment strategy is highly focused on established businesses with proven products and substantial revenue streams, rather than early-stage concepts. DFJ Growth typically targets companies within high-growth technology sectors, including enterprise software, cybersecurity, artificial intelligence/machine learning, fintech, and consumer internet platforms. They seek out businesses that are ready to scale rapidly, often leveraging their capital to accelerate product development, expand market reach, and pursue strategic acquisitions.

DFJ Growth is known for leading or co-leading investment rounds, indicating their capacity and preference for significant capital deployment. Their typical first check sizes range from $20 million to over $100 million, reflecting their commitment to substantial growth-stage funding. This capability is underpinned by their robust fundraises; for instance, they closed their fifth fund, DFJ Growth V, with $650 million in commitments in 2021. This substantial capital base allows them to provide the necessary resources for their portfolio companies to achieve their ambitious growth objectives and solidify their market positions.